Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Finances
Money in and out, what it owns and owes
Summary of the Filing
| FY2020 | $18.2M |
|---|---|
| FY2021 | $20.2M |
| FY2022 | $19.8M |
| FY2023 | $23.6M |
| FY2024 | $24.7M |
| FY2024 | $35.1M |
| FY2020 | $1.1M |
|---|---|
| FY2021 | $1.4M |
| FY2022 | $948K |
| FY2023 | $4.8M |
| FY2024 | $5.0M |
| FY2024 | $5.3M |
Balance Sheet
Statement of Revenue
Money in detail
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Spent on programs | 73% | — | — |
| Spent on management, % of spending | 16% | — | — |
| Fundraising cost, % of gifts | 7% | — | — |
| Revenue growth | 95% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
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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Governance & Policies
- 38Voting board membersPt VI · Ln 1a
- 38Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13Yes
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aYes
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
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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Where the work happens
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
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 | $9.7M | $9.1M | -16% | 990 PDF |
| FY2023 | $11.6M | $11.9M | +31% | 990 PDF |
| FY2022 | $8.9M | $8.0M | +86% | 990 PDF |
| FY2021 | $4.8M | $4.3M | -33% | 990 PDF |
| FY2020 | $7.1M | $7.3M | 990 PDF |
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Schedules filed Part IV
Full filing: Form 990 for FY2024
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
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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