Rocky Mountain Ballet Theatre

Analysis

Rocky Mountain Ballet Theatre is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in September 2003, 23 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rocky Mountain Ballet Theatre reported income of $571k and spending of $557k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $562k to $571k (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rocky Mountain Ballet Theatre sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MT. Charities of a similar size with the same main cause include Hiway Theatre Inc ($570k), Flagstaff Friends of Traditional Music Incorporated ($571k) and South Dakota Historical Society Foundation ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $30k (5.4% of expenses). At year end it held assets of $192k against liabilities of $40k, net assets of $152k.