Macholah Ballet Inc

Analysis

Macholah Ballet Inc is a registered charity in United States, based in Ona, WV. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Macholah Ballet Inc reported income of $89k and spending of $75k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $89k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Macholah Ballet Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within WV. Charities of a similar size with the same main cause include GSJ Family Life Center ($89k), Southeast Alaska Tribal Ocean Research ($89k) and Encore Musicals of Owensboro Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $57k against liabilities of $440, net assets of $56k.