Ballet and Beyond NYC Inc

Analysis

Ballet and Beyond NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2019, 7 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 January 2024, Ballet and Beyond NYC Inc reported income of $148k and spending of $116k, leaving 22% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $117k to $148k (+27%), an average of +6.1% a year. The sharpest change came in the year to January 2024, when income rose by 160%. 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, Ballet and Beyond NYC Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Iron Spike Inc ($148k), Lancaster International Piano Festival Inc ($148k) and Dancing Rabbit Music Association ($148k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 84% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $45k (39% of expenses). Other salaries and wages came to $40k. At year end it held assets of $37k against liabilities of $0, net assets of $37k. It reported 11 employees.