Footworks Youth Ballet Inc

Analysis

Footworks Youth Ballet Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in October 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 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 2024, Footworks Youth Ballet Inc reported income of $127k and spending of $73k, leaving 43% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $139k to $127k (-8.2%), an average of -8.2% a year. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Footworks Youth Ballet Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include 29 Pieces ($127k), Japan Arts Inc ($127k) and Sinister Wisdom Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $142k against liabilities of $22k, net assets of $120k.