Montana Ballet Company Inc

Analysis

Montana Ballet Company Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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 June 2023, Montana Ballet Company Inc reported income of $701k and spending of $627k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $469k to $701k (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montana Ballet Company Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within MT. Charities of a similar size with the same main cause include New Morning Nursery Inc ($701k), Northwest Housing Corporation ($701k) and Akron Regional Development Board Educational Fund ($700k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $90k (14% of expenses). Other salaries and wages came to $190k. At year end it held assets of $474k against liabilities of $30k, net assets of $444k. It reported 16 employees.