The company exists to train dancers and to instill a deeper understanding of dance arts in our community. We pledge to offer professional training to aspiring dancers through our classes, training workshops and performance opporunities. We operate a repertory Ballet company to provide professional performance experience and the essential element for our community outreach programs.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$29K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $32K a year · 8% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$29K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $10K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$124K
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$456K
-1% vs prior year
Spent
$441K
To programs
91%
Net assets
$215K
By yearFY2020–FY2025
Revenue
$456K
FY2024▼ -1%
Tap a bar for its year
Revenue by fiscal year
FY2020$330K
FY2021$266K
FY2022$332K
FY2023$461K
FY2024$456K
FY2025$456K
Expenses
$441K
FY2024+0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$320K
FY2021$209K
FY2022$256K
FY2023$440K
FY2024$441K
FY2025$442K
Net assets
$215K
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$40K
FY2021$97K
FY2022$178K
FY2023$200K
FY2024$215K
FY2025$228K

From the FY2024 Form 990 (year ending June 2024) · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $400K Management & general 8% · $34K Fundraising 2% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990; $29K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Pres/Artistic Director
$28,770Pt VII · Sec A
$0Pt VII · Sec A
Treasurer/Finance Officer
$0Pt VII · Sec A
$0Pt VII · Sec A

Lauren Lorentz De Haas’s $32K as Pres/Artistic Director is at the 26th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lauren Lorentz De Haas$31,630$28,770$36,398$28,723$27,194$27,308

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Triangle Youth Ballet executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains dancers and fosters community understanding of dance arts.

Questions for Triangle Youth Ballet

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Your first name shows with your question. Triangle Youth Ballet answers here, for everyone.

1 program · $400K · in their own filed words · FY2023
01

In the Fiscal Year July 2023

June 2024, we continued our partnership with the durham arts council. We continued our tuition assistance program and male merit scholarship programs, our performing companies attended classes and performed at both the university of north carolina school of the arts festival of dance in winston-salem, north carolina and regional dance…

$400Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$10K
See all 3 funders →
Grants paid · 6 grants · $32K · 2021–2024
Unitemized GrantFY2024$7,031
Unitemized GrantFY2023$6,070
Unitemized GrantFY2022$7,846
Unitemized GrantFY2022$3,190
Unitemized GrantFY2021$8,064
Unitemized GrantFY2021$260

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$456K
Ln 12
Fees for servicesLn 2g$437K
Other incomeLn 4–11$11K
Gifts and grantsLn 1h$8K
Money outPt IX
$441K
Ln 25
Programscol B$400K
Managementcol C$34K
Fundraisingcol D$7K
Owns and owesPt X
$215K
net assets · Ln 32
Cash and savingsLn 1–2$276K
Total assetsLn 16$339K
LiabilitiesLn 26$124K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Fees for servicesLn 2g$437K
Investment incomeLn 3$27
Other incomeLn 4–11$11K
Total revenueLn 12$456K
Assets in detailPt X, end of year
CashLn 1$141K
SavingsLn 2$135K
Cash and savings togetherLn 1–2$276K
Land, buildings, equipmentLn 10c$61K
Total assetsLn 16$339K
LiabilitiesLn 26$124K
Net assetsLn 32$215K
OperationsPt I, VI
EmployeesI 513
VolunteersI 6120
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$259K$276K
Land, buildings, equipmentLn 10c$66K$61K
Total assetsLn 16$327K$339K
LiabilitiesLn 26$127K$124K
Net assetsLn 32$200K$215K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$6K$6K
Pay of current officers, directors and key staffLn 5$29K$26K$1K$1K
Other salaries and wagesLn 7$102K$87K$10K$4K
Payroll taxesLn 10$10K$9K$890$444
Other fees for servicesLn 11g$27K$22K$5K
Advertising and promotionLn 12$27K$27K$486
Office expensesLn 13$13K$12K$1K
Information technologyLn 14$5K$3K$1K$63
OccupancyLn 16$135K$132K$3K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$76K$76K$212
Total functional expensesLn 25$441K$400K$34K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $456K$442K$13K$228K 990 PDF
FY2024 ViewingFiled with the IRS May 30, 2025 $456K$441K$15K$215K 990 PDF
FY2023Filed with the IRS May 15, 2024 $461K$440K$22K$200K 990 PDF
FY2022Filed with the IRS May 24, 2023 $332K$256K$76K$178K 990 PDF
FY2021Filed with the IRS Nov 15, 2021 $266K$209K$57K$97K 990 PDF
FY2020Filed with the IRS Feb 17, 2021 $330K$320K$10K$40K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $456,035 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $44,320$8,471
I-9 Program service revenuePrior year $414,083$436,970
I-10 Investment incomePrior year $27$27
I-11 Other revenuePrior year $2,964$10,567
I-12 Total revenuePrior year $461,394$456,035
I-13 Grants and similar amounts paidPrior year $11,036$6,070
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $149,758$140,801
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $278,898$294,100
I-18 Total expensesPrior year $439,692$440,971
I-19 Revenue less expensesPrior year $21,702$15,064
Part VI · Governance 3 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $456,035 across 7 lines filed
Lines not itemized here account for $7,423 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$8,471
VIII-1h Total contributions, gifts and grants$8,471
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $436,970$436,970
VIII-3 Investment incomeExcluded from tax $27$27
VIII-6 Net rental income or lossExcluded from tax $710$710
VIII-8 Net income from fundraising eventsExcluded from tax $2,434$2,434
VIII-12 Total revenueRelated to mission $444,393 · Unrelated business $0 · Excluded from tax $3,171$456,035
Part IX · Statement of functional expenses $440,971 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $6,070$6,070
IX-5 Pay of current officers, directors and key staffPrograms $26,091 · Management $1,449 · Fundraising $1,450$28,990
IX-7 Other salaries and wagesPrograms $87,236 · Management $10,151 · Fundraising $4,350$101,737
IX-10 Payroll taxesPrograms $8,740 · Management $890 · Fundraising $444$10,074
IX-11g Other fees for servicesPrograms $22,060 · Management $4,557$26,617
IX-12 Advertising and promotionPrograms $26,690 · Fundraising $486$27,176
IX-13 Office expensesPrograms $12,374 · Management $1,047$13,421
IX-14 Information technologyPrograms $3,391 · Management $1,275 · Fundraising $63$4,729
IX-16 OccupancyPrograms $131,576 · Management $3,218$134,794
IX-20 InterestManagement $3,999$3,999
IX-22 Depreciation, depletion and amortizationManagement $5,071$5,071
IX-23 InsuranceManagement $1,874$1,874
IX-24 Other expenses (24a–d)Programs $76,207 · Management $212$76,419
IX-25 Total functional expensesPrograms $400,435 · Management $33,743 · Fundraising $6,793$440,971
Part X · Balance sheet $339,064 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $124,147$140,970
X-2 Savings and temporary cash investmentsStart of year $134,864$134,891
X-4 Accounts receivableStart of year $1,736$2,326
X-10c Land, buildings and equipment, netStart of year $65,948$60,877
X-16 Total assetsStart of year $326,695$339,064
X-17 Accounts payable and accrued expensesStart of year $585$1,029
X-24 Unsecured notes and loans payableStart of year $126,399$123,260
X-26 Total liabilitiesStart of year $126,984$124,289
X-32 Total net assets or fund balancesStart of year $199,711$214,775
X-33 Total liabilities and net assetsStart of year $326,695$339,064
Part XI · Reconciliation of net assets $214,775 net assets at year end
XI-1 Total revenue$456,035
XI-2 Total expenses$440,971
XI-3 Revenue less expenses$15,064
XI-4 Net assets at start of year$199,711
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$214,775

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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