Terminus Ballet Inc

Analysis

Terminus Ballet Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Terminus Ballet Inc reported income of $980k and spending of $1.0m, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $312k to $980k (+214%), an average of +77% a year. The sharpest change came in the year to December 2022, when income rose by 281%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Terminus Ballet Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Accuracy in Media Inc ($980k), Manoa Heritage Center ($981k) and Saratoga Automobile Museum ($980k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $292k. At year end it held assets of $326k against liabilities of $0, net assets of $326k. It reported 11 employees.