Ballet 314

Analysis

Ballet 314 is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Ballet 314 reported income of $149k and spending of $108k, leaving 27% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $102k to $149k (+45%), an average of +45% a year. The sharpest change came in the year to April 2024, when income rose by 45%. Over the whole period it spent 77% 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 314 sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include Probasi of Charlotte ($149k), The Friends of the North Carolina Maritime Museum at Southport ($149k) and Foundation for Latin America Culture and Arts Inc ($149k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 33% and program service revenue 57% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.