Erie Contemporary Ballet Theatre

Analysis

Erie Contemporary Ballet Theatre is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in August 2004, 22 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, Erie Contemporary Ballet Theatre reported income of $134k and spending of $148k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $255k to $134k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 220%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Erie Contemporary Ballet Theatre sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Italian American Art and Cultureassociation of San Diego ($134k), Olympic Flight Museum ($134k) and Tassel Coordination Council Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 88% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.