Charleston City Ballet
EIN: 570681130 · Charleston, SC · NTEE: A63
| Metric | Value |
|---|---|
| Total Revenue | $44K |
| Total Expenses | $47K |
| Net Assets | $550 |
Is Charleston City Ballet Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charleston City Ballet
Charleston City Ballet (EIN: 570681130) is a nonprofit organization based in Charleston, SC, classified under NTEE code A63. The organization reported total revenue of $44K and total assets of $550 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charleston City Ballet's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charleston City Ballet is a micro nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $47K |
| Surplus / Deficit | $-2,304 |
| Total Assets | $550 |
| Net Assets | $550 |
| Operating Margin | -5.2% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2017, Charleston City Ballet reported a deficit of $2K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2012–2017), Charleston City Ballet's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +19.8% | +13.9% | -80.7% |
| 2016 | -31.9% | -21.5% | -49.4% |
| 2015 | +69.9% | +62.7% | +59.3% |
| 2014 | -40.7% | -42.6% | -37.6% |
| 2013 | +37.9% | +54.5% | -25.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charleston City Ballet has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charleston City Ballet with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Charleston City Ballet
Is Charleston City Ballet a legitimate charity?
Charleston City Ballet (EIN: 570681130) is a registered tax-exempt nonprofit based in South Carolina. It has 6 years of IRS 990 filings on record. Total revenue: $44K. No red flags identified. Financial health grade: C.
How does Charleston City Ballet spend its money?
Charleston City Ballet reported $44K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charleston City Ballet tax-deductible?
Charleston City Ballet is registered as a tax-exempt nonprofit (EIN: 570681130). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charleston City Ballet located?
Charleston City Ballet is headquartered in Charleston, South Carolina and files with the IRS under EIN 570681130. It is classified under NTEE code A63.
How many years of IRS 990 filings does Charleston City Ballet have?
Charleston City Ballet has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $44K in total revenue.
Filing History
IRS 990 filing history for Charleston City Ballet showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Charleston City Ballet's revenue has grown by 13.4%, moving from $39K to $44K. Total assets decreased by 92.8% over the same period, from $8K to $550. Total functional expenses rose by 28.9%, from $36K to $47K. In its most recent filing year (2017), Charleston City Ballet reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $44K | $47K | $550 | $0 | — | View 990 |
| 2016 | $37K | $41K | $3K | $0 | — | — |
| 2015 | $54K | $52K | $6K | $0 | — | View 990 |
| 2014 | $32K | $32K | $4K | $0 | — | View 990 |
| 2013 | $54K | $56K | $6K | $0 | — | — |
| 2012 | $39K | $36K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $44K, expenses of $47K, and assets of $550 (revenue +19.8% year-over-year).
- 2016: Revenue of $37K, expenses of $41K, and assets of $3K (revenue -31.9% year-over-year).
- 2015: Revenue of $54K, expenses of $52K, and assets of $6K (revenue +69.9% year-over-year).
- 2014: Revenue of $32K, expenses of $32K, and assets of $4K (revenue -40.7% year-over-year).
- 2013: Revenue of $54K, expenses of $56K, and assets of $6K (revenue +37.9% year-over-year).
- 2012: Revenue of $39K, expenses of $36K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charleston City Ballet:
Data Sources and Methodology
This transparency report for Charleston City Ballet is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.