Charlotte Ballet is located in Charlotte, NC. The organization was established in 1978. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Charlotte Ballet employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Ballet 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, Charlotte Ballet generated $8.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $8.0m during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 7 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
CHARLOTTE BALLET'S MISSION IS TO PROVIDE ARTISTICALLY EXCELLENT PROGRAMMING TO DIVERSE AUDIENCES IN ITS HOME CITY OF CHARLOTTE, THE SOUTHEAST REGION, AND TO THE VARIED COMMUNITIES IT SERVES WHILE ON TOUR ACROSS THE NATION. CHARLOTTE BALLET HAS RECEIVED CRITICAL RECOGNITION NATIONALLY FOR EXCELLENCE IN PROGRAMMING, ENGAGEMENT AND EDUCATION, AND DANCE TRAINING.VISION: CHARLOTTE BALLET IS A CHARLOTTE-BASED, WORLD-CLASS REPERTORY DANCE ENSEMBLE. IT PERFORMS CLASSIC, CONTEMPORARY AND CUTTING-EDGE DANCE WITH VIRTUOSITY, ENERGY, AND ARTISTIC EXCELLENCE FOR LOCAL, STATEWIDE AND NATIONAL AUDIENCES. CHARLOTTE BALLET'S COLLECTIVE TALENTS PROVIDE THE OPPORTUNITY AND GIVE US THE RESPONSIBILITY TO CHALLENGE, STIMULATE, EDUCATE, ENTERTAIN, AND THEREBY ENRICH OUR AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTISTIC PROGRAMMING: CHARLOTTE BALLET PRESENTS 5-6 PERFORMANCE SERIESOF CLASSICAL AND CONTEMPORARY BALLET IN CHARLOTTE ANNUALLY, IN ADDITIONTO PERFORMING ON TOUR LOCALLY, REGIONALLY AND NATIONALLY. THEORGANIZATION EMPLOYS AN AVERAGE OF 28 DANCERS (20 FIRST COMPANY; 8SECOND COMPANY) EACH SEASON. THE NATION'S TOP DANCERS ARE ATTRACTED TOCHARLOTTE BALLET'S RENOWNED ARTISTIC LEADERSHIP; THE DIVERSITY OF ITSCHOREOGRAPHERS AND CHALLENGING REPERTOIRE (BOTH CLASSICAL ANDCONTEMPORARY); AND A COMPETITIVE CONTRACT THAT INCLUDES A MINIMUM OF 36WEEKS OF WORK/YEAR IN PROGRAMMING, EDUCATION AND COMMUNITY ENGAGEMENT, AND DANCE TRAINING. CHARLOTTE BALLET ATTRACTS SUPERB DANCERS WHO PERFORM A VERSATILE AND DIVERSE REPERTOIRE RANGING FROM FULL-LENGTH CLASSICAL BALLETS TO INNOVATIVE CONTEMPORARY WORKS. CHARLOTTE BALLET'S COLLECTIVE TALENTSPROVIDE THE OPPORTUNITY TO CHALLENGE, STIMULATE, EDUCATE, ENTERTAIN ANDENRICH AUDIENCES. HOPE MUIR SERVED AS CHARLOTTE BALLET'S ARTISTIC DIRECTOR FROM JULY 2017 UNTIL DECEMBER 2021 WHEN SHE RESIGNED TO JOIN THE NATIONAL BALLET OF CANADA IN A SIMILAR ROLE. CHRISTOPHER STUART, CHARLOTTE BALLET FIRST COMPANY REHEARSAL DIRECTOR AND SECOND COMPANY DIRECTOR, SERVED AS THE INTERIM ARTISTIC DIRECTOR UNTIL MAY 2022. 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.
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 115 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.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alex Funderburg Trustee & Campus Advisory Committee Chair | Trustee | 5 | $0 |
Alexandra Naranjo-Myrick Board Member | Trustee | 1 | $0 |
Anna Coon Board Member | Trustee | 1 | $0 |
Alfred Kendrick Board Member | Trustee | 1 | $0 |
Nina Austin Board Treasurer - Finance | OfficerTrustee | 5 | $0 |
Meghan Clithero Board Chair Elect | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $39,750 |
Membership dues | $0 |
Fundraising events | $671,511 |
Related organizations | $0 |
Government grants | $1,820,675 |
All other contributions, gifts, grants, and similar amounts not included above | $2,635,752 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,167,688 |
Total Program Service Revenue | $3,580,025 |
Investment income | $221,887 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $22,240 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$142,776 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,853,680 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $141,565 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $889,095 |
Compensation of current officers, directors, key employees. | $131,432 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,582,798 |
Pension plan accruals and contributions | $15,936 |
Other employee benefits | $199,246 |
Payroll taxes | $363,174 |
Fees for services: Management | $72,091 |
Fees for services: Legal | $9,400 |
Fees for services: Accounting | $32,779 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $322,908 |
Advertising and promotion | $541,669 |
Office expenses | $148,471 |
Information technology | $97,057 |
Royalties | $9,699 |
Occupancy | $759,257 |
Travel | $110,384 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,036 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $439,725 |
Insurance | $0 |
All other expenses | $365,769 |
Total functional expenses | $7,979,896 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,220,538 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $610,660 |
Accounts receivable, net | $930,811 |
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 | $107,277 |
Net Land, buildings, and equipment | $10,558,927 |
Investments—publicly traded securities | $0 |
Investments—other securities | $6,085,685 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $261,102 |
Total assets | $19,775,000 |
Accounts payable and accrued expenses | $280,346 |
Grants payable | $0 |
Deferred revenue | $667,519 |
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 | $947,865 |
Net assets without donor restrictions | $12,578,739 |
Net assets with donor restrictions | $6,248,396 |
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 | $19,775,000 |