Pasadena Civic Ballet Inc

Analysis

Pasadena Civic Ballet Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in November 1987, 39 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 December 2023, Pasadena Civic Ballet Inc reported income of $245k and spending of $285k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $245k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pasadena Civic Ballet Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include American Friends of Capodimonte ($245k), The Paper Bag Players Inc ($245k) and Community Art Center of the Ojai Valley Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $15k against liabilities of $10k, net assets of $4,785.