Ketchikan Theatre Ballet

Analysis

Ketchikan Theatre Ballet is a registered charity in United States, based in Ketchikan, AK. It received its IRS tax-exemption ruling in June 1970, 56 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 June 2023, Ketchikan Theatre Ballet reported income of $314k and spending of $289k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $272k to $314k (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ketchikan Theatre Ballet sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within AK. Charities of a similar size with the same main cause include Angel Society of Fallbrook ($314k), Jacksonville Sports Medicine Program Inc ($314k) and Alliance Francaise de San Diego ($314k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 71% of the total. Other salaries and wages came to $102k. At year end it held assets of $128k against liabilities of $55k, net assets of $73k. It reported 14 employees.