East Coast Contemporary Ballet Company

Analysis

East Coast Contemporary Ballet Company is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in May 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 June 2024, East Coast Contemporary Ballet Company reported income of $156k and spending of $127k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $97k to $156k (+61%), an average of +61% a year. The sharpest change came in the year to June 2024, when income rose by 61%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East Coast Contemporary Ballet Company sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CT. Charities of a similar size with the same main cause include Preble County Art Association Inc ($156k), Turkish Islamic Cultural Center of Queens Inc ($156k) and Bioethics International Inc ($156k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 102% and program service revenue 3.7% of the total. At year end it held assets of $50k against liabilities of $2,734, net assets of $48k.