Diablo Ballet

Analysis

Diablo Ballet is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in September 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Diablo Ballet reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $952k to $1.4m (+45%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diablo Ballet sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include National Association of Latino Arts & Culture ($1.4m), Portland Jazz Festival Incorporated ($1.4m) and Rhode Island Institute for Labor ($1.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 67% and program service revenue 24% of the total. Other salaries and wages came to $503k. At year end it held assets of $379k against liabilities of $110k, net assets of $269k. It reported 29 employees.