Carolina Dance Foundation
- Assets
- $115.7k
- Revenue
- $368.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 03/2008
- Data as of
- 06/2022
- EIN
- 68-0655997
Organization Overview
Carolina Dance Foundation is located in Raleigh, NC. The organization was established in 2008. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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 Dance Foundation 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, Carolina Dance Foundation generated $368.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $371.0k during the year ending 06/2022. While expenses have increased by 37.9% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PROMOTE DANCE EDUCATION AND AWARENESS WITHIN THE TRIANGLE REGION THROUGH COMMUNITY OUTREACH AND QUALITY DANCE PERFORMANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HAD 116 DANCERS TAKE PART IN OUR PROGRAM FOR THE FISCAL YEAR. WE WERE ABLE TO OFFER 9 DANCERS FINANCIAL SCHOLARSHIPS. OUR KAMRYN SMILES SCHOLARSHIP PROVIDED 2 FULL SCHOLARSHIPS. OUR 120 VOLUNTEERS PROVIDED 800 VOLUNTEER HOURS. WE HELD TWO LOCAL PERFORMANCES. THE SPRING EXTRAVAGANZA INCLUDED OUR SPECIAL NEEDS DANCE TEAM. OUR DANCE TEAM WENT TO 3 CONFERENCES. THE SERBA CONFERENCE, WE WERE SELECTED TO OPEN THE CLOSING SHOW. WE HELD 2 MASTER DANCE CLASSES. WE ATTENDED 3 JAZZ CONVENTIONS. WE PARTICIPATED IN COMMUNITY OUTREACH EVENTS INCLUDING: WAKE-UP & READ BOOK DRIVE AND COMMUNITY IN SCHOOLS SNACK DRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Missy Blackburn Artistic Director | Trustee | 10 | $12,428 |
Kai Hinkey General Board Member | Trustee | 10 | $8,928 |
Lindsay Collins Shaw Artistic Director | Trustee | 10 | $8,600 |
Jennifer Culler Moore Artistic Director | Trustee | 10 | $7,600 |
Carina Goodman Asst Director - Tap | Trustee | 10 | $6,078 |
Danielle Hoeckel Asst Director - Jazz | Trustee | 10 | $4,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,462 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,462 |
| Total Program Service Revenue | $349,683 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,824 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,205 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $368,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,215 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,425 |
| Compensation of current officers, directors, key employees. | $800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,192 |
| Advertising and promotion | $0 |
| Office expenses | $11,429 |
| Information technology | $2,453 |
| Royalties | $0 |
| Occupancy | $5,162 |
| Travel | $37,497 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $226,933 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $877 |
| All other expenses | $0 |
| Total functional expenses | $371,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,281 |
| Savings and temporary cash investments | $33,435 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $115,716 |
| Accounts payable and accrued expenses | $7,269 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,269 |
| Net assets without donor restrictions | $108,447 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $115,716 |