Public Charity

CAROLINA BALLET INC

CAROLINA BALLET INC, of RALEIGH, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.6M in revenue, $9.5M in expenses, $6.4M in total assets. 71 publicly reported grants to this organization, totaling roughly $4.2M, appear in IRS filings.

EIN: 561445383 RALEIGH, NC Ballet NTEE: A63 Latest filing: 2025
Total Revenue$7.6M
Total Expenses$9.5M
Total Assets$6.4M
Grant Records71
Funding Total$4.2M
Filing Years2021–2025

Mission

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. CAROLINA BALLET WORKS TO ACCOMPLISH THIS MISSION BY (CONT. ON SCH. O)1) ATTRACTING, DEVELOPING ENLIGHTENING DANCERS AND ARTISTIC PERSONNEL COMBINED WITH A FISCALLY RESPONSIBLE MANAGEMENT TEAM AND BOARD OF DIRECTORS; 2) COMMISSIONING NEW WORKS BY INNOVATIVE CHOREOGRAPHERS; 3) PRESENTING TRADITIONAL BALLETS OF LEGENDARY MASTERS; AND 4) EDUCATING CURRENT AND FUTURE AUDIENCES THROUGH PROGRAMS FOR SCHOOL CHILDREN & YOUNG ADULTS AND OTHER PERFORMANCE OUTREACH ACTIVITIES.

Where $100 goes at Carolina Ballet Inc

How Carolina Ballet Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$8 Management running the organization
$4 Fundraising raising the next dollar

Inside the $88 for programs

$88
Carolina Ballet offers classical works, traditional story ballets, and innovative new choreography, as well as an annual nutcracker program
All program spending · Reported in the filing: 100,000 children
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHIEF OPERATING OFFICER Adam Schiffer
CHIEF FINANCIAL OFFICER Aji Touray
BOARD MEMBER 2024 Dr Anna Goodmon Md
BOARD MEMBER 2025 Dr Joseph Bumgarner
BOARD MEMBER THRU 11/2024 Dr Lenore Behar Phd
SECRETARY Dr Robert Schantz

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,238,404 48 grants
Arts & Culture
$985,653 22 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.6M $9.5M $6.4M
2024 $10.9M $8.8M $8.7M
2023 $9.7M $8.8M $4.8M
2022 $7.6M $6.3M $4.0M
2021 $3.3M $3.5M $3.3M

Between 2021 and 2025, reported annual revenue grew from $3.3M to $7.6M (+130%), with total assets most recently reported at $6.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CAROLINA BALLET INC

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