Oakland Ballet Company

Analysis

Oakland Ballet Company is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2001, 25 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 June 2023, Oakland Ballet Company reported income of $966k and spending of $1.1m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $915k to $966k (+5.5%), an average of +1.4% a year. The sharpest change came in the year to June 2022, when income rose by 117%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oakland Ballet Company sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Collective Renaissance Guild ($965k), Cheyenne Mountain Public Broadcast House Inc ($966k) and De Yu Spiritual Cultivation Institute ($965k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $90k (7.9% of expenses). Other salaries and wages came to $133k. At year end it held assets of $243k against liabilities of $52k, net assets of $191k. It reported 28 employees.