Loudoun Ballet Performing Arts Company Inc

Analysis

Loudoun Ballet Performing Arts Company Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in April 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 August 2024, Loudoun Ballet Performing Arts Company Inc reported income of $189k and spending of $174k, spending 92% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $161k to $189k (+17%), an average of +17% a year. The sharpest change came in the year to August 2024, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Loudoun Ballet Performing Arts Company Inc 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 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Youth Outreach and Learning Institute ($189k), Chlamydia Basic Research Society ($189k) and Allen County Courthouse Preservation Trust Inc ($189k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 5.4% and program service revenue 90% of the total. At year end it held assets of $37k against liabilities of $9,626, net assets of $27k.