Ballet Repertory Theatre of New Mexico

Analysis

Ballet Repertory Theatre of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 1990, 36 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 July 2024, Ballet Repertory Theatre of New Mexico reported income of $288k and spending of $237k, spending 82% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $265k to $288k (+8.6%), an average of +1.7% a year. The sharpest change came in the year to July 2023, when income rose by 101%. Over the whole period it spent 88% 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 Repertory Theatre of New Mexico sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NM. Charities of a similar size with the same main cause include Cato Neonatal Innovations Inc ($288k), Historic Cherry Hill ($288k) and White River Valley Antique Association Inc ($288k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $47k (20% of expenses). At year end it held assets of $723k against liabilities of $113k, net assets of $610k. It reported 1 employees.