United Ballet Theatre Inc

Analysis

United Ballet Theatre Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 2020, 6 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, United Ballet Theatre Inc reported income of $220k and spending of $221k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $242k to $220k (-9.0%), an average of -9.0% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United Ballet Theatre Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Central Wisconsin Cultural Center Inc ($220k), Debes Creer En Ti ($220k) and Ess Community Projects Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $5,700 (2.6% of expenses). Other salaries and wages came to $33k. At year end it held assets of $14k against liabilities of $0, net assets of $14k. It reported 7 employees.