Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1978.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
73 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
43 people listed on the 990; $558K paid to officers and key staff.
Doug Singleton’s $225K as Executive Director is at the 21st percentile of top reported officer pay among 749 $10–100M 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 · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Doug Singleton | $225,371 | $233,993 | $218,962 | $240,894 | $195,144 | $201,197 |
| Alejandro Cerrudo | $216,367 | $218,522 | $148,034 | — | — | — |
| Hope Muir | — | — | — | $186,738 | $172,840 | $167,731 |
| Shannon O'Keeffe | $93,825 | $124,565 | $101,523 | — | — | — |
| Meg Putnam | — | $104,058 | $103,395 | $119,073 | — | — |
| Shannon Link | — | — | — | $114,876 | — | — |
| Ayisha Cravotta | — | — | — | $106,160 | — | — |
| Christopher Stuart | — | — | $104,687 | $75,506 | — | — |
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.
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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 15aYes
Programs and updates
Performs professional dance, provides high-quality ballet training for all ages, and offers inclusive educational programs to inspire and connect communities through movement.
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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.
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.
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.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.3M | $1.2M |
| InvestmentsLn 11–13 | $7.1M | $7.6M |
| Land, buildings, equipmentLn 10c | $13.5M | $13.5M |
| Total assetsLn 16 | $24.7M | $35.1M |
| LiabilitiesLn 26 | $5.0M | $5.3M |
| Net assetsLn 32 | $19.8M | $29.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $213K | $213K | ||
| Pay of current officers, directors and key staffLn 5 | $526K | $236K | $290K | |
| Other salaries and wagesLn 7 | $3.5M | $2.5M | $518K | $496K |
| Pension plan contributionsLn 8 | $36K | $21K | $9K | $5K |
| Other employee benefitsLn 9 | $282K | $208K | $22K | $53K |
| Payroll taxesLn 10 | $402K | $280K | $83K | $39K |
| Management feesLn 11a | $210K | $128K | $71K | $10K |
| Legal feesLn 11b | $900 | $351 | $195 | $354 |
| Accounting feesLn 11c | $59K | $23K | $13K | $23K |
| Professional fundraising feesLn 11e | $120K | $120K | ||
| Other fees for servicesLn 11g | $246K | $186K | $57K | $3K |
| Advertising and promotionLn 12 | $621K | $529K | $44K | $48K |
| Office expensesLn 13 | $195K | $165K | $10K | $20K |
| Information technologyLn 14 | $177K | $122K | $36K | $18K |
| RoyaltiesLn 15 | $35K | $35K | ||
| OccupancyLn 16 | $561K | $520K | $11K | $29K |
| TravelLn 17 | $119K | $112K | $7K | $720 |
| Conferences, conventions and meetingsLn 19 | $30K | $3K | $26K | $100 |
| InterestLn 20 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $374K | $127K | $248K | |
| Other expenses (24a–d)Ln 24 | $1.0M | $911K | $2K | $121K |
| All other expensesLn 24e | $614K | $480K | $99K | $35K |
| Total functional expensesLn 25 | $9.4M | $6.8M | $1.5M | $1.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $9.7M | $9.1M | $627K | $19.8M | 990 PDF |
| FY2023 | $11.6M | $11.9M | −$285K | $18.7M | 990 PDF |
| FY2022 | $8.9M | $8.0M | $874K | $18.8M | 990 PDF |
| FY2021 | $4.8M | $4.3M | $434K | $18.8M | 990 PDF |
| FY2020 | $7.1M | $7.3M | −$173K | $17.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $18,989,978 across 13 lines filed
Part IX · Statement of functional expenses $9,391,274 across 22 lines filed
Part X · Balance sheet $35,119,951 assets, 16 lines filed
Part XI · Reconciliation of net assets $29,838,647 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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