Charlotte City Ballets Inc
- Assets
- $53.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Matthews, NC
- Founding
- 12/1998
- Data as of
- 06/2022
- EIN
- 56-2031042
Organization Overview
Charlotte City Ballets Inc is located in Matthews, NC. The organization was established in 1998. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte City Ballets Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Charlotte City Ballets Inc generated $127.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $112.8k during the year ending 06/2022. While expenses have increased by 8.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa H Coyle Director | 12.5 | $31,164 | |
Lisa Leone Dirinstructor | 21.5 | $21,462 | |
Sydney Farrell Instructor | 15 | $12,575 | |
Melissa H Cole Director | 3.5 | $11,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,597 |
| Total Program Service Revenue | $103,536 |
| Membership dues | $8,190 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,323 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,400 |
| Professional fees and other payments to independent contractors | $1,119 |
| Occupancy, rent, utilities, and maintenance | $17,523 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,445 |
| Total expenses | $112,787 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,862 |
| Other assets | $0 |
| Total assets | $53,862 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,862 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Ballet Incorporated Atlanta, GA | $17,685,185 | $11,298,848 |
Carolina Ballet Inc Raleigh, NC | $2,591,733 | $5,042,638 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Richmond Ballet Inc Richmond, VA | $9,343,909 | $5,961,250 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
Columbia City Ballet Company Columbia, SC | $347,590 | $1,160,258 |
Charlottesville Ballet Charlottesville, VA | $1,147,365 | $1,342,432 |
International Ballet Greer, SC | $414,500 | $610,369 |
Ballethnic Dance Company Inc East Point, GA | $602,135 | $948,647 |
Georgia Ballet Inc Marietta, GA | $1,039,867 | $613,388 |
Virginia Ballet Company And School Fairfax, VA | $330,622 | $658,444 |
Winston-Salem Festival Ballet Inc Winston Salem, NC | $0 | $392,620 |