Oregon Ballet Theatre

Analysis

Oregon Ballet Theatre is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1990, 36 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Oregon Ballet Theatre reported income of $10.5m and spending of $9.6m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.2m to $10.5m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 118%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oregon Ballet Theatre sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Supporting Organization for the Georgia Okeeffe Museum ($10.5m), Lower East Side Tenement Museum ($10.5m) and Pittsburgh Ballet Theatre Inc ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $325k (3.4% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $11.1m against liabilities of $3.1m, net assets of $8.0m. It reported 390 employees.