A V a Ballet Theatre

Analysis

A V a Ballet Theatre is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 2002, 24 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, A V a Ballet Theatre reported income of $493k and spending of $622k, spending 126% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $543k to $493k (-9.2%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. 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, A V a Ballet Theatre sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within NV. Charities of a similar size with the same main cause include Embody Dance Organization Inc ($492k), Atlanta Preservation Center Inc 401 ($493k) and Union Avenue Opera Theatre ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $98k (16% of expenses). At year end it held assets of $321k against liabilities of $13k, net assets of $308k. It reported 1 employees.