Ballet Etudes

Analysis

Ballet Etudes is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 2023, Ballet Etudes reported income of $813k and spending of $719k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $656k to $813k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 85%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ballet Etudes sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include St Bernard Manor III ($813k), Benevolent & Protective Order of Elks of the USA ($813k) and New England Employee Benefits Council Inc ($813k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 88% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.