Orlando Metropolitan Ballet Academy Inc

Analysis

Orlando Metropolitan Ballet Academy Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 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 June 2023, Orlando Metropolitan Ballet Academy Inc reported income of $192k and spending of $178k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $167k to $192k (+15%), an average of +15% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orlando Metropolitan Ballet Academy Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Keauhou Canoe Club ($192k), Contemporary Asian Theatre Scene ($192k) and Overfield Tavern Museum ($192k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 95% of the total. At year end it held assets of $27k against liabilities of $1,765, net assets of $25k.