Cache Valley Civic Ballet Association

Analysis

Cache Valley Civic Ballet Association is a registered charity in United States, based in River Heights, UT. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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 December 2023, Cache Valley Civic Ballet Association reported income of $423k and spending of $453k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $423k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cache Valley Civic Ballet Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within UT. Charities of a similar size with the same main cause include New Hope-Crystal-Plymouth Swim Club Inc ($423k), Soroptimist Thrift Shop of Anacortes ($423k) and Habitat for Humanity International Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $212k (47% of expenses). At year end it held assets of $394k against liabilities of $0, net assets of $394k. It reported 31 employees.