Charlotte City Ballets Inc
- Assets
- $44.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Matthews, NC
- Founding
- 12/1998
- Data as of
- 06/2023
- 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 06/2023, Charlotte City Ballets Inc generated $95.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $105.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 3 years. 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 | 14 | $11,220 | |
Lisa Leone Dirinstructor | 7 | $8,860 | |
Sydney Farrell Instructor | 1 | $640 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,480 |
| Total Program Service Revenue | $77,646 |
| Membership dues | $11,096 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,222 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,080 |
| Professional fees and other payments to independent contractors | $1,228 |
| Occupancy, rent, utilities, and maintenance | $16,971 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,465 |
| Total expenses | $105,044 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,230 |
| Other assets | $0 |
| Total assets | $44,230 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,230 |