Marin Ballet

Analysis

Marin Ballet is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in January 1969, 57 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 June 2023, Marin Ballet reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.4m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 65%. 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, Marin Ballet sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Coalition of Asian Pacifics in Entertainment Foundation Inc ($1.4m), Association for Information Science & Technology ($1.4m) and Eichelberger Performing Arts Center ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Other salaries and wages came to $603k. At year end it held assets of $1.2m against liabilities of $36k, net assets of $1.2m. It reported 30 employees.