The Portland Ballet

Analysis

The Portland Ballet is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, The Portland Ballet reported income of $803k and spending of $985k, spending 123% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $766k to $803k (+4.9%), an average of +1.6% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Portland Ballet sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Northshore Schools Foundation ($803k), Excellent Montessori Inc ($803k) and Voiceoforangecountyorg ($803k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $135k (14% of expenses). Other salaries and wages came to $440k. At year end it held assets of $468k against liabilities of $152k, net assets of $316k. It reported 60 employees.