Colorado Ballet Foundation

Analysis

Colorado Ballet Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2023, 3 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Colorado Ballet Foundation reported income of $5.7m and spending of $13k, leaving 100% of income unspent that year. Over the whole period it spent 0.2% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Ballet Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Bellingrath-Morse Foundation ($5.7m), Oklahoma City Museum of Art ($5.7m) and Memphis Symphony Orchestra Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $5.9m against liabilities of $0, net assets of $5.9m.