Carolina Youth Ballet Inc
- Assets
- $152.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 09/2003
- Data as of
- 06/2024
- EIN
- 56-2273997
Organization Overview
Carolina Youth Ballet Inc is located in Cary, NC. The organization was established in 2003. 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. Carolina Youth Ballet 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 06/2024, Carolina Youth Ballet Inc generated $135.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $128.3k during the year ending 06/2024. While expenses have increased by 4.3% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
2 MAJOR PERFORMANCES PER YEAR OPEN TO THE PUBLIC; SPECIAL EVENT PERFORMANCES IN THE COMMUNITY; PROVIDE LECTURE DEMONSTRATIONS AT SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Hagopian Exec. Director | 20 | $0 | |
Cindy Mcgowen Secretary | 1 | $0 | |
Stephanie Holt Treasurer | 1 | $0 | |
Julia Young Kirkpatrick Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,413 |
| Total Program Service Revenue | $121,281 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,940 |
| Other Revenue | $5 |
| Total Revenue | $135,639 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,931 |
| Professional fees and other payments to independent contractors | $2,600 |
| Occupancy, rent, utilities, and maintenance | $7,232 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $103,488 |
| Total expenses | $128,251 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,173 |
| Other assets | $0 |
| Total assets | $152,173 |
| Total liabilities | $965 |
| Net assets or fund balances | $151,208 |