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Arts, Culture, Humanities : Performing Arts

Carolina Ballet

Performing world-class professional ballet

three stars

89.69

3401-131 Atlantic Avenue Raleigh, NC 27604
tel: (919) 719-0800   Web Site
EIN: 56-1445383

Board Leadership
Dr. Moise A. Khayrallah
Chair

CEO
Michele Weathers
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.69 three stars
  Financial 90.43 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 11/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Founded in 1984 as Raleigh Dance Theatre, 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. Launched as a professional dance company in 1997 under the direction of Artistic Director/CEO Robert Weiss, Carolina Ballet has since garnered critical praise from the national and international media, staged 75 world premiere ballets, and toured internationally in China and Hungary. Weiss, former artistic director of the Pennsylvania Ballet and principal dancer at New York City Ballet under the legendary George Balanchine, programs traditional ballets by legendary masters and new works by contemporary choreographers.

Founded in 1984 as Raleigh Dance Theatre, 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. Launched as a professional dance company in 1997 under the direction of Artistic Director/CEO Robert Weiss, Carolina Ballet has since garnered critical praise from the national and international media, staged 75 world premiere ballets, and toured internationally in China and Hungary. Weiss, former artistic director of the Pennsylvania Ballet and principal dancer at New York City Ballet under the legendary George Balanchine, programs traditional ballets by legendary masters and new works by contemporary choreographers.

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Financial

four stars

90.43

Accountability & Transparency

three stars

89.00

This rating was published 11/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.5%
  Administrative Expenses 6.1%
  Fundraising Expenses 6.3%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.53
  Program Expenses Growth 5.9%
  Liabilities to Assets 29.8%
All data for Financial Performance Metrics calculations was provided by Carolina Ballet on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Carolina Ballet on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Carolina Ballet (NC) 89.69 three stars
Milwaukee Ballet (WI) 89.90 three stars
Louisville Ballet (KY) 87.28 three stars
Mark Morris Dance Group (NY) 91.77 four stars
Texas Ballet Theater (TX) 86.07 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,818,685
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $47,860
   Related Organizations $0
   Government Grants $126,449
Total Contributions $4,992,994
   Program Service Revenue $2,835,738
Total Primary Revenue $7,828,732
   Other Revenue $33,707
TOTAL REVENUE $7,862,439
   
EXPENSES  
   Program Expenses $5,153,680
   Administrative Expenses $334,232
   Fundraising Expenses $383,514
TOTAL FUNCTIONAL EXPENSES $5,871,426
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,991,013
   
Net Assets $3,121,434

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Ballet Performances $5,153,680 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 11/01/2018 89.69 three stars
2016-06 09/01/2017 83.75 three stars
2015-06 10/01/2016 83.50 three stars
2014-06 06/01/2016 85.41 three stars
 
CN 2.0
2014-06 11/01/2015 79.80 two stars
2013-06 12/22/2014 81.07 three stars
2012-06 10/01/2013 86.46 three stars
2011-06 09/01/2012 83.55 three stars
2010-06 09/20/2011 86.67 three stars
 
CN 1.0
2010-06 07/01/2011 83.90 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-1445383
Name in IRS Master File CAROLINA BALLET INC
NTEE Code A63
NTEE Classification Ballet
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (90) Cultural performances
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1985
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012
Compensation % of Expenses Paid to Title
$89,113 1.51% Robert Weiss Artistic Director, CEO
Other Salaries of Note
$83,000 1.41% Nathan McGaha Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Carolina Ballet (NC) 89.69 three stars
Texas Ballet Theater (TX) 86.07 three stars
Ballet Tech Foundation (NY) 93.26 four stars
Ballet Hispánico (NY) 94.47 four stars
Alvin Ailey Dance Foundation (NY) 89.43 three stars

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Charity Contact Info

Carolina Ballet
3401-131 Atlantic Avenue
Raleigh, NC 27604
tel: (919) 719-0800
fax: (919) 719-0910
EIN: 56-1445383

Visit Web Site

Board Leadership

Dr. Moise A. Khayrallah
Chair

CEO

Michele Weathers
Executive Director

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