Alonzo King Lines Ballet

Analysis

Alonzo King Lines Ballet is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1984, 42 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, Alonzo King Lines Ballet reported income of $6.0m and spending of $6.8m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $6.0m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alonzo King Lines Ballet sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Science Communication Lab Inc ($6.0m), Texas Public Radio ($6.1m) and Pittsburgh Public Theater Corporation ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $430k (6.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $10.8m against liabilities of $3.2m, net assets of $7.7m. It reported 112 employees.