Houston Repertoire Ballet

Analysis

Houston Repertoire Ballet is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Houston Repertoire Ballet reported income of $236k and spending of $208k, spending 88% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $162k to $236k (+46%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 205%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houston Repertoire Ballet sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Opus Community Music School ($236k), Andean Textile Arts Inc ($236k) and Rover Dramawerks ($236k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 24% and program service revenue 77% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.