Ballet America

Analysis

Ballet America is a registered charity in United States, based in San Carlos, CA. It received its IRS tax-exemption ruling in July 1994, 32 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 December 2023, Ballet America reported income of $109k and spending of $138k, spending 127% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $92k to $109k (+19%), an average of +8.9% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 90% 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 America sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Youth Symphony of du Page Inc ($109k), Warwick Center for the Arts Inc ($109k) and Positive Action Community Theatre ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.