Evergreen City Ballet

Analysis

Evergreen City Ballet is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in March 1995, 31 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 August 2023, Evergreen City Ballet reported income of $495k and spending of $486k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $580k to $495k (-15%), an average of -3.9% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Evergreen City Ballet 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 69th percentile within WA. Charities of a similar size with the same main cause include Childrens Choir of Greater Cincinnati ($495k), African American Cultural Center and Museum Inc ($495k) and Seattle Recreative ($495k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 21% and program service revenue 67% of the total. Other salaries and wages came to $231k. At year end it held assets of $385k against liabilities of $509k, net assets of -$124k. It reported 16 employees.