Ballet Sun Valley Inc

Analysis

Ballet Sun Valley Inc is a registered charity in United States, based in Sun Valley, ID. It received its IRS tax-exemption ruling in March 2017, 9 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 September 2023, Ballet Sun Valley Inc reported income of $1.1m and spending of $918k, spending 85% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $841k to $1.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2021, when income rose by 201%. Over the whole period it spent 98% 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 Sun Valley Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within ID. Charities of a similar size with the same main cause include Facets Film Forum ($1.1m), Montana Theatreworks Inc ($1.1m) and Indie Memphis ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $75k (8.2% of expenses). At year end it held assets of $416k against liabilities of $11k, net assets of $404k. It reported 1 employees.