Santa Clarita Ballet Company Inc

Analysis

Santa Clarita Ballet Company Inc is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in September 1996, 30 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 December 2023, Santa Clarita Ballet Company Inc reported income of $270k and spending of $249k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $257k to $270k (+5.3%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 20%. 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, Santa Clarita Ballet Company Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Malibu Gives ($270k), New Jersey State Museum Foundation ($270k) and White Hall Arts Academy Foundation ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $40k (16% of expenses). Other salaries and wages came to $74k. At year end it held assets of $119k against liabilities of $0, net assets of $119k. It reported 10 employees.