San Diego Academy of Ballet & Ballet Theatre

Analysis

San Diego Academy of Ballet & Ballet Theatre is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Diego Academy of Ballet & Ballet Theatre reported income of $274k and spending of $255k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $228k to $274k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 137%. 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, San Diego Academy of Ballet & Ballet Theatre sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Legacy Theater Foundation Inc ($274k), No 1 British Flying Training School Museum Inc ($275k) and Tovrea Carraro Society ($274k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.