Garden City Ballet Company

Analysis

Garden City Ballet Company is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Garden City Ballet Company reported income of $244k and spending of $188k, leaving 23% of income unspent that year. Across the 3 years on record, from March 2021 to March 2023, income grew from $64k to $244k (+283%), an average of +96% a year. The sharpest change came in the year to March 2022, when income rose by 351%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garden City Ballet Company sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MT. Charities of a similar size with the same main cause include College Affordable Inc ($243k), Fullerton Community Nursery School ($244k) and Wyandotte Public Schools Foundation ($243k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $50k (27% of expenses). At year end it held assets of $305k against liabilities of $1,088, net assets of $304k. It reported 2 employees.