Mid-Columbia Regional Ballet

Analysis

Mid-Columbia Regional Ballet is a registered charity in United States, based in Richland, WA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 June 2024, Mid-Columbia Regional Ballet reported income of $382k and spending of $334k, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $342k to $382k (+12%), an average of +2.2% a year. The sharpest change came in the year to June 2023, when income rose by 92%. 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, Mid-Columbia Regional Ballet sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Alzheimers Texas Inc ($382k), Public Access Cable Television of Longmeadow Inc ($382k) and Withlacoochee River Electric Cares Inc ($382k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 57% of the total. Other salaries and wages came to $62k. At year end it held assets of $571k against liabilities of $31k, net assets of $539k. It reported 9 employees.