South Dakota Ballet Co

Analysis

South Dakota Ballet Co is a registered charity in United States, based in Beresford, SD. It received its IRS tax-exemption ruling in December 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, South Dakota Ballet Co reported income of $59k and spending of $58k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $59k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Dakota Ballet Co sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 18th percentile within SD. Charities of a similar size with the same main cause include International Sex Worker Foundation for Art Culture and Education ($59k), Western Jazz Presenters Network ($59k) and Eastern Connecticut Center for History Art and Performance Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.