Safe Haven Ballet

Analysis

Safe Haven Ballet is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in March 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 December 2023, Safe Haven Ballet reported income of $264k and spending of $226k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $264k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Safe Haven Ballet sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within NH. Charities of a similar size with the same main cause include Los Gatos Ballet Foundation ($264k), Bayou Regional Arts Council ($264k) and Green Card Voices ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $29k (13% of expenses). Other salaries and wages came to $69k. At year end it held assets of $130k against liabilities of $0, net assets of $130k. It reported 26 employees.