Overview

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Est.

1984

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Carolina Ballet Inc is a nonprofit organization dedicated to performing world-class professional ballet, entertaining and enlightening audiences in Raleigh, the Triangle region, and beyond in North Carolina. With an operating budget of $8.8 million and total revenue of $10.9 million for the filing year 2024, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.carolinaballet.com.

Mission Statement

CAROLINA BALLET'S MISSION IS TO PERFORM WORLD-CLASS PROFESSIONAL BALLET, ENTERTAINING AND ENLIGHTENING AUDIENCES IN RALEIGH, THE TRIANGLE REGION, THE STATE OF NORTH CAROLINA, AND BEYOND.
Revenues
$10.9M
Expenses
$8.8M
Net Income:
+$2.2M
Assets
$8.7M
Liabilities
$3.4M
Net Assets:
+$5.3M
Operating Budget
$8.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
28
Median grant size
$17.5K
Largest grant received
$287K
M
MRS Stefanie Kahn
Board Member
M
MS Karen Foster
Board Member
M
MRS Jane Small
Board Member

Frequently Asked Questions

What is CAROLINA BALLET INC’s budget?
In 2024, CAROLINA BALLET INC reported an annual operating budget of around $8.8 million. More detailed financial information is available to registered users.
What causes does CAROLINA BALLET INC support?
CAROLINA BALLET INC supports work in Ballet and Dance.
Where does CAROLINA BALLET INC operate?
CAROLINA BALLET INC is headquartered in RALEIGH, NC.
Who funded CAROLINA BALLET INC recently?
In 2025, CAROLINA BALLET INC received grants from ROCHESTER AREA COMMUNITY FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and UNITED ARTS COUNCIL OF RALEIGH AND WAKE COUNTY INC. More information on this organization’s funders is available to registered users.
What is the largest grant CAROLINA BALLET INC received in 2024?
The largest grant to CAROLINA BALLET INC in 2024 exceeds $287 thousand.
What is CAROLINA BALLET INC’s reliance on government grants?
CAROLINA BALLET INC relied on government grants for less than 5% of their total revenue in 2024.