Totals
- Total revenue
- $18,989,978
- Total expenses
- $9,391,274
- Contributions and grants received
- $14,166,655
- Grants paid
- $213,217
- Program service revenue
- $4,314,620
- Investment income
- $316,891
- Other revenue
- $191,812
- Total assets, end of year
- $35,119,951
- Total liabilities, end of year
- $5,281,304
- Net assets or fund balances, end of year
- $29,838,647
- Program services expenses (Part IX)
- $6,823,187
- Management and general expenses
- $1,547,306
- Fundraising expenses
- $1,020,781
- Program service expenses (Part III)
- $6,823,187
Program services were 72.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$11,935,251
-
1c · Fundraising events
$823,022
-
1e · Government grants (contributions)
$62,500
-
1f · All other contributions, gifts and grants
$1,345,882
-
1g · Noncash contributions included above
$73,288
-
2a · Program service revenue: TICKET SALES
total $2,422,855 · related or exempt $2,422,855
-
2b · Program service revenue: ACADEMY INCOME
total $1,747,802 · related or exempt $1,747,802
-
2c · Program service revenue: EDUCATION INCOME
total $113,889 · related or exempt $113,889
-
2d · Program service revenue: TOURING INCOME
total $26,355 · related or exempt $26,355
-
2e · Program service revenue: COMMUNITY ENGAGEMENT INCOME
total $3,719 · related or exempt $3,719
-
3 · Investment income
total $324,960 · excluded $324,960
-
6a · Gross rents
real property $105,423
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $105,423
-
6d · Net rental income or loss
total $105,423 · related or exempt $105,423
-
7b · Less cost or other basis and sales expenses
other assets $8,069
-
7c · Gain or loss
other assets -$8,069
-
7d · Net gain or loss
total -$8,069 · related or exempt -$8,069
-
8a · Fundraising events: gross income
$671,319
-
8a · Fundraising events: contributions included on line 1c
$823,022
-
8b · Fundraising events: direct expenses
$776,492
-
8c · Net income from fundraising events
total -$105,173 · excluded -$105,173
-
10a · Gross sales of inventory
$205,059
-
10b · Cost of goods sold
$103,132
-
10c · Net income from sales of inventory
total $101,927 · related or exempt $101,927
-
11a · Other revenue: OTHER MISC INCOME
total $89,635 · related or exempt $89,635
-
11e · Other revenue, total
$89,635
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $213,217 · program services $213,217
-
5 · Compensation of officers, directors and key employees
total $526,059 · program services $235,882 · management and general $290,177
-
7 · Other salaries and wages
total $3,535,593 · program services $2,521,883 · management and general $517,832 · fundraising $495,878
-
8 · Pension plan contributions
total $35,694 · program services $21,487 · management and general $9,165 · fundraising $5,042
-
9 · Other employee benefits
total $282,460 · program services $208,068 · management and general $21,727 · fundraising $52,665
-
10 · Payroll taxes
total $401,553 · program services $279,722 · management and general $83,243 · fundraising $38,588
-
11a · Fees: management
total $209,548 · program services $128,393 · management and general $71,376 · fundraising $9,779
-
11b · Fees: legal
total $900 · program services $351 · management and general $195 · fundraising $354
-
11c · Fees: accounting
total $58,891 · program services $22,944 · management and general $12,755 · fundraising $23,192
-
11e · Fees: professional fundraising services
total $120,000 · fundraising $120,000
-
11g · Fees: other
total $246,236 · program services $186,267 · management and general $56,881 · fundraising $3,088
-
12 · Advertising and promotion
total $620,793 · program services $528,783 · management and general $44,021 · fundraising $47,989
-
13 · Office expenses
total $194,622 · program services $164,910 · management and general $9,579 · fundraising $20,133
-
14 · Information technology
total $176,750 · program services $122,492 · management and general $36,126 · fundraising $18,132
-
15 · Royalties
total $35,188 · program services $35,188
-
16 · Occupancy
total $560,667 · program services $520,430 · management and general $11,140 · fundraising $29,097
-
17 · Travel
total $119,213 · program services $111,982 · management and general $6,511 · fundraising $720
-
19 · Conferences, conventions and meetings
total $29,626 · program services $3,483 · management and general $26,043 · fundraising $100
-
20 · Interest
total $1,698 · management and general $1,698
-
22 · Depreciation, depletion and amortization
total $374,149 · program services $126,532 · management and general $247,617
-
24a · Other expenses: MUSIC
total $399,552 · program services $397,316 · management and general $2,236
-
24b · Other expenses: PRODUCTION COSTS
total $357,106 · program services $354,895 · fundraising $2,211
-
24c · Other expenses: SUMMER INTENSIVE PROGRA
total $150,293 · program services $150,293
-
24d · Other expenses: BAD DEBT EXPENSE
total $127,453 · program services $8,458 · fundraising $118,995
-
24e · All other expenses
total $614,013 · program services $480,211 · management and general $98,984 · fundraising $34,818
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,259,091 · end of year $1,230,898
-
3 · Pledges and grants receivable
beginning of year $1,076,697 · end of year $11,666,741
-
4 · Accounts receivable
beginning of year $486,933 · end of year $678,248
-
9 · Prepaid expenses and deferred charges
beginning of year $134,515 · end of year $192,039
-
10a · Land, buildings and equipment: cost or other basis
$20,174,819
-
10b · Land, buildings and equipment: accumulated depreciation
$6,675,080
-
10c · Land, buildings and equipment, net
beginning of year $13,483,769 · end of year $13,499,739
-
12 · Investments: other securities
beginning of year $7,136,781 · end of year $7,614,675
-
15 · Other assets
beginning of year $168,653 · end of year $237,611
-
17 · Accounts payable and accrued expenses
beginning of year $313,464 · end of year $487,645
-
19 · Deferred revenue
beginning of year $885,798 · end of year $895,546
-
25 · Other liabilities
beginning of year $3,785,129 · end of year $3,898,113
-
27 · Net assets without donor restrictions
beginning of year $7,680,075 · end of year $6,681,306
-
28 · Net assets with donor restrictions
beginning of year $12,081,973 · end of year $23,157,341
Mission and programs · 2024
Mission
CHARLOTTE BALLET'S MISSION: THROUGH DANCE, WE CREATE AUTHENTIC CONNECTIONS, ENGAGING AND INCLUSIVE EDUCATIONAL OPPORTUNITIES, AND TRANSFORMATIVE EXPERIENCES. CHARLOTTE BALLET'S VISION: WE INSPIRE INDIVIDUALS AND COMMUNITIES TO EXPLORE THE BOUNDLESS POTENTIAL OF THE IMAGINATION.
-
ARTISTIC PROGRAMMING: CHARLOTTE BALLET PRESENTS 5-6 PERFORMANCE SERIES OF CLASSICAL AND CONTEMPORARY BALLET IN CHARLOTTE ANNUALLY, IN ADDITION TO PERFORMING ON TOUR LOCALLY AND REGIONALLY. THE ORGANIZATION EMPLOYS AN AVERAGE OF 28 DANCERS (20 FIRST COMPANY; 8 SECOND COMPANY) EACH SEASON. THE NATION'S TOP DANCERS ARE ATTRACTED TO CHARLOTTE BALLET'S RENOWNED ARTISTIC LEADERSHIP; THE DIVERSITY OF ITS CHOREOGRAPHERS AND CHALLENGING REPERTOIRE (BOTH CLASSICAL AND CONTEMPORARY); AND A COMPETITIVE CONTRACT THAT INCLUDES A MINIMUM OF 36 WEEKS OF WORK PER YEAR IN PROGRAMMING, EDUCATION AND COMMUNITY ENGAGEMENT, AND DANCE TRAINING, AND DIVERSE REPERTOIRE RANGING FROM FULL-LENGTH CLASSICAL BALLETS TO INNOVATIVE CONTEMPORARY WORKS. CHARLOTTE BALLET'S COLLECTIVE TALENTS PROVIDE THE OPPORTUNITY TO CHALLENGE, STIMULATE, EDUCATE, ENTERTAIN AND ENRICH AUDIENCES.ALEJANDRO CERRUDO WAS HIRED IN MAY 2022 AS JUST THE FIFTH ARTISTIC DIRECTOR IN CHARLOTTE BALLET'S 50+ YEAR HISTORY. UNDER HIS ARTISTIC LEADERSHIP, CHARLOTTE BALLET WILL CONTINUE TO PUSH THE BOUNDARIES OF BALLET AND CONTEMPORARY DANCE, AS HIS ARTISTIC VISION IS TO "BUILD UPON THE COMPANY'S IDENTITY AS ONE OF QUALITY, CREATIVITY, AND RANGE, WHILE EMBRACING A PIONEERING PERSPECTIVE TO ENRICH THE ART FORM." IN THIS NEW ERA UNDER CERRUDO'S LEADERSHIP, CHARLOTTE BALLET IS POISED TO CONTINUE ITS MULTIFACETED COMMUNITY ENGAGEMENT PROGRAMMING FOR ALL AGES, HIGH-CALIBER ACADEMY AND INNOVATIVE PERFORMANCES, AND GROW INTO A CREATIVE CULTURAL LEADER THAT STANDS FOR DIVERSITY, EQUITY AND INCLUSION WITHIN ITS OWN WALLS AND BEYOND.
Expenses $4,976,098 · Revenue $2,449,210
-
EDUCATION & COMMUNITY ENGAGEMENT PROGRAMMING: CHARLOTTE BALLET'SFLAGSHIP COMMUNITY ENGAGEMENT PROGRAM, REACH, OFFERS BALLET AND WORLDDANCE TRAINING BY PROFESSIONAL TEACHING ARTISTS AND DANCE ATTIRE FOR UPTO 120 STUDENTS ANNUALLY, ALL AT NO COST TO PARTICIPANTS' FAMILIES.CLASSES ARE CONDUCTED OVER 29 SEQUENTIAL WEEKS, IN FIVE COMMUNITYCENTERS ACROSS MECKLENBURG COUNTY. THE PROGRAM, WHICH IS A RESULT OF APARTNERSHIP BETWEEN CHARLOTTE BALLET AND THE MECKLENBURG COUNTY PARK &RECREATION DEPARTMENT, IS THE RECIPIENT OF THE NATIONAL ASSOCIATION OFCOUNTIES AWARD IN RECOGNITION OF "AN EFFECTIVE AND INNOVATIVE PROGRAMWHICH CONTRIBUTES TO AND ENHANCES COUNTY GOVERNMENT IN THE UNITEDSTATES AND THE NORTH CAROLINA RECREATION AND PARKS ASSOCIATION ARTSAND HUMANITIES. NOT ONLY DOES REACH OFFER ACCESS TO HIGH-QUALITY DANCE TRAINING AT NO COST, WITH CLASSES IN DIVERSE NEIGHBORHOODS ACROSS MECKLENBURG COUNTY; IT ALSO OFFERS OPPORTUNITIES FOR PROMISING STUDENTS TO CONTINUE TO TRAIN IN DANCE THROUGH SCHOLARSHIPS TO CHARLOTTE BALLET ACADEMY, AS WELL AS MENTORSHIP OPPORTUNITIES FOR REACH GRADUATES THAT INCLUDE TEACHER ASSISTANT POSITIONS AND INTERNSHIPS. REACH SCHOLARSHIPSCOMPLEMENT NUMEROUS SCHOLARSHIPS OFFERED BY CHARLOTTE BALLET ACADEMY TOTRAIN AT VARIOUS LEVELS. CHARLOTTE BALLET IS COMMITTED TO OFFERINGTALENTED, COMMITTED DANCERS ACCESS TO HIGH-QUALITY TRAINING, REGARDLESSOF SOCIO-ECONOMIC BACKGROUND, GEOGRAPHIC OR OTHER RESOURCE LIMITATIONS.IN ADDITION TO REACH, CHARLOTTE BALLET'S ANNUAL EDUCATION AND COMMUNITYENGAGEMENT PROGRAMMING INCLUDES COMMUNITY PERFORMANCES,BEHIND-THE-SCENES TOURS, AFTER-SCHOOL DANCE PROGRAMS, SUMMER ENRICHMENTPROGRAMS, SENIOR DRESS REHEARSALS, CURRICULUM-BASED ARTS EDUCATIONTHROUGH IN-CLASSROOM PROGRAMMING, DANCE-A-STORY WORKSHOPS,LECTURE-DEMONSTRATIONS AND EDUCATIONAL THEATER PERFORMANCES - ALL INPARTNERSHIP WITH AREA SCHOOLS AND COMMUNITY ORGANIZATIONS. APARTNERSHIP WITH INREACH (A NON-PROFIT ORGANIZATION THAT SUPPORTSADULTS WITH INTELLECTUAL, DEVELOPMENTAL AND OTHER DISABILITIES) OFFERSMEMBERS AND THEIR CAREGIVERS WEEKLY DANCE CLASSES BY CHARLOTTE BALLETTEACHING ARTISTS AND A PUBLIC PERFORMANCE AT THE CENTER FOR DANCE.DURING THE MIDDLE & HIGH SCHOOL DANCE FESTIVAL, CHARLOTTE BALLET OFFERSA TWO-DAY FESTIVAL AT THE CENTER FOR DANCE, WITH MASTER CLASSES ANDAUDITIONS FOR SCHOLARSHIPS TO COLLEGE AND SUMMER DANCE PROGRAMS. A"SENSORY FRIENDLY PERFORMANCE," GIVES INDIVIDUALS AFFECTED BY AUTISMSPECTRUM DISORDERS AND OTHER SENSORY, SOCIAL, AND COGNITIVEDISABILITIES THE OPPORTUNITY TO ENJOY A CHARLOTTE BALLET PERFORMANCEWITH A MODIFIED LEVEL OF SENSORY STIMULUS IN THE THEATER. IN TOTAL,CHARLOTTE BALLET'S ANNUAL EDUCATION AND COMMUNITY ENGAGEMENTPROGRAMMING SERVES OVER 30,000 - APPROXIMATELY 85% OF WHOM ARECHILDREN/YOUTH.
Expenses $316,150 · Revenue $117,608
-
DANCE TRAINING: THE OLDEST DANCE SCHOOL IN NORTH CAROLINA AFFILIATED WITH A PROFESSIONAL DANCE COMPANY, CHARLOTTE BALLET ACADEMY ANNUALLY ENROLLS OVER 900 STUDENTS AGES THREE TO ADULT FROM ACROSS THE COUNTRY AND AROUND THE WORLD. ALUMNI OF THE HIGHEST LEVEL OF TRAINING, THE PRE-PROFESSIONAL DIVISION, HAVE GONE ON TO DANCE AT AMERICAN SCHOOL OF BALLET, SAN FRANCISCO BALLET AND MORE; AND THE ACADEMY'S REPERTORY ENSEMBLE, A PERFORMANCE GROUP MADE OF TOP-LEVEL STUDENTS, IS DESIGNATED AS AN HONOR COMPANY WITH THE SOUTHEASTERN REGIONAL BALLET ASSOCIATION.
Expenses $1,530,939 · Grants $213,217 · Revenue $1,747,802
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Meghan ClitheroMEGHAN CLITHERO
TRUSTEE, BOARD CHAIR, EXECUTIVE COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Chris UllrichCHRIS ULLRICH
TRUSTEE, TREASURER, FINANCE COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Keith OberkfellKEITH OBERKFELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kelly ShermanKELLY SHERMAN
TRUSTEE, PLANNING & MISSION IMPACT COMM CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer GeorgeJENNIFER GEORGE
TRUSTEE, AUDIT COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Alex FunderburgALEX FUNDERBURG
TRUSTEE, CHAIR ELECT, CAMPUS ADV COMM CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Katie MorganKATIE MORGAN
TRUSTEE, CAMPUS ADV COMM CO-CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Alfred KendrickALFRED KENDRICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anna CoonANNA COON
TRUSTEE, INSTITUTIONAL ADVANCEMENT COMMITTEE CO-CH
- Total calculated
- $0
- Hours/week
- 1
-
Ash ColemanASH COLEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ashley LarkinASHLEY LARKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David SecrestDAVID SECREST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gia WrightGIA WRIGHT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gretchen AlterowitzGRETCHEN ALTEROWITZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jason CagleJASON CAGLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John FitzhughJOHN FITZHUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kathy GiannuzziKATHY GIANNUZZI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kathy ParksKATHY PARKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kobi BrinsonKOBI BRINSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lara Simmons NicholsLARA SIMMONS NICHOLS
TRUSTEE, BOARD DEVELOPMENT COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Lejla MillerLEJLA MILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Margaret SwitzerMARGARET SWITZER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marissa MichaelsMARISSA MICHAELS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Oliver BadgioOLIVER BADGIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard CuebasRICHARD CUEBAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shannon SmithSHANNON SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tracey WoppererTRACEY WOPPERER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Watts HamrickWATTS HAMRICK
TRUSTEE, CAMPAIGN ADVISORY COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Lauren BensonLAUREN BENSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nina AustinNINA AUSTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karen Breach-WashingtonKAREN BREACH-WASHINGTON
TRUSTEE, SECRETARY, GOVERNANCE COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Kathryn Watts BurlingameKATHRYN WATTS BURLINGAME
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andrew BlumenthalANDREW BLUMENTHAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Claire RauscherCLAIRE RAUSCHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dianne NeurauterDIANNE NEURAUTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Katrice BolandKATRICE BOLAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kia Swan-MooreKIA SWAN-MOORE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kisha SmithKISHA SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Doug SingletonDOUG SINGLETON
EXECUTIVE DIRECTOR
- Total calculated
- $245,652
- From this org
- $225,371
- From related orgs
- $0
- Other
- $20,281
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,371
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $20,281
- Filer's total
- $245,652
-
Andrea TrembathANDREA TREMBATH
DIRECTOR OF FINANCE & ADMINISTRATION
- Total calculated
- $0
- Hours/week
- 40
-
Shannon O'KeeffeSHANNON O'KEEFFE
DIRECTOR OF FINANCE - OUTGOING
- Total calculated
- $96,990
- From this org
- $93,825
- From related orgs
- $0
- Other
- $3,165
- Hours/week
- 40
-
Tiffany MurrayTIFFANY MURRAY
DIRECTOR OF FINANCE - OUTGOING
- Total calculated
- $24,722
- From this org
- $22,464
- From related orgs
- $0
- Other
- $2,258
- Hours/week
- 40
-
Alejandro CerrudoALEJANDRO CERRUDO
ARTISTIC DIRECTOR
- Total calculated
- $224,889
- From this org
- $216,367
- From related orgs
- $0
- Other
- $8,522
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,367
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,522
- Filer's total
- $224,889
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611359349312766
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