Marat Daukayev Ballet Theatre Inc

Analysis

Marat Daukayev Ballet Theatre Inc is a registered charity in United States, based in Los Angeles, 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 December 2023, Marat Daukayev Ballet Theatre Inc reported income of $254k and spending of $245k, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $205k to $254k (+24%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marat Daukayev Ballet Theatre Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include American Harp Society Inc ($254k), 3 Dots Downtown ($254k) and Dreams of Hope ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $52k against liabilities of $14k, net assets of $37k.