Ballet Afsaneh Art and Culture Soci Ety

Analysis

Ballet Afsaneh Art and Culture Soci Ety is a registered charity in United States, based in Woodacre, CA. It received its IRS tax-exemption ruling in July 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ballet Afsaneh Art and Culture Soci Ety reported income of $120k and spending of $82k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $120k (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Afsaneh Art and Culture Soci Ety sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Jubilee Community Arts Inc ($120k), Herkimer County Historical Society ($120k) and Little Lakes Community Association Inc ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $18k (22% of expenses). Other salaries and wages came to $42k. At year end it held assets of $92k against liabilities of $5,517, net assets of $87k. It reported 9 employees.