Central West Ballet

Analysis

Central West Ballet is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in November 1992, 34 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 May 2023, Central West Ballet reported income of $975k and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $623k to $975k (+56%), an average of +12% a year. The sharpest change came in the year to May 2022, when income rose by 122%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central West Ballet sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Gotham Early Music Scene ($975k), California Heritage Indigenous Research Project ($976k) and The Center for the Research of Early Christian Documents ($975k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. Other salaries and wages came to $279k. At year end it held assets of $742k against liabilities of $4,819, net assets of $738k. It reported 20 employees.