The Ballet Alliance

Analysis

The Ballet Alliance is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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, The Ballet Alliance reported income of $283k and spending of $290k, spending 103% of its income. Across the 3 years on record, from July 2019 to August 2023, income fell from $372k to $283k (-24%), an average of -13% a year. The sharpest change came in the year to August 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Ballet Alliance sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Mat Su Veterans Foundation Inc ($283k), San Ramon Valley Education Foundation ($283k) and Missionaries of the Kingship of Christ ($283k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.