Nonprofit · EIN 42-1540362
NORTH RALEIGH ARTS & CREATIVE THEATRE
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $379,260 | $395,313 | -$16,053 | $642,301 | $275,283 | $367,018 |
| June 30, 2024 | 990 | $393,275 | $389,961 | $3,314 | $738,422 | $355,351 | $383,071 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $182,214
- of which government grants
- $98,062
- Program service revenue
- $181,596
- Investment income
- $15,450
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $93,388
- Salaries, compensation and benefits (total)
- $100,641
- Professional fundraising fees
- $0
- Accounting fees
- $6,170
- Occupancy
- $101,984
- Depreciation
- $5,057
- Program services (functional)
- $312,954
- Management and general (functional)
- $72,392
- Fundraising (functional)
- $9,967
Balance sheet and other
- Total assets, start of year
- $738,422
- Total assets, end of year
- $642,301
- Total liabilities, end of year
- $275,283
- Net assets, end of year
- $367,018
- Land, buildings and equipment
- $83,050
- Net assets without donor restrictions
- $272,956
- Net assets with donor restrictions
- $94,062
- Gross receipts
- $379,260
- Employees
- 3
- Volunteers
- 59
- Year formed
- 2003
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TEDD SZETO | PRESIDENT Trustee or director, Officer | 3 | $0 |
| NATHAN HAMILTON | VICE-PRESIDE Trustee or director, Officer | 1 | $0 |
| HUNTER TAYLOR | SECRETARY Trustee or director, Officer | 1 | $0 |
| VINCENT MOSS | TREASURER Trustee or director, Officer | 2 | $0 |
| LINDSEY ATKINS | AT-LARGE Trustee or director | 1 | $0 |
| NIKITA BEATTY | AT-LARGE Trustee or director | 1 | $0 |
| SEAN BROSNAHAN | AT-LARGE Trustee or director | 2 | $0 |
| KIM JACKSON | AT-LARGE Trustee or director | 1 | $0 |
| DAVE KEATS | AT-LARGE Trustee or director | – | $0 |
| TIMOTHY LOCKLEAR | AT-LARGE Trustee or director | 1 | $0 |
| SEAN MALONE | AT-LARGE Trustee or director | 1 | $0 |
| MIKE MCGEE | AT-LARGE Trustee or director | 1 | $0 |
| FRED SANBORN | AT-LARGE Trustee or director | – | $0 |
| CHELSEY SKALSKI | AT-LARGE Trustee or director | 2 | $0 |
| N'KIA | AT-LARGE Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER MAXWELL | PRESIDENT Trustee or director, Officer | 3 | $0 |
| CHELSEY SKALSKI | SECRETARY Trustee or director, Officer | 2 | $0 |
| VINCENT MOSS | TREASURER Trustee or director, Officer | 2 | $0 |
| LINDSEY ATKINS | AT-LARGE Trustee or director | 1 | $0 |
| NIKITA BEATTY | AT-LARGE Trustee or director | 1 | $0 |
| CHRIS BEAZER | AT-LARGE Trustee or director | 1 | $0 |
| SEAN BROSNAHAN | AT-LARGE Trustee or director | 2 | $0 |
| DANIEL CARLISTO | AT-LARGE Trustee or director | 1 | $0 |
| RONI CARRINGTON | AT-LARGE Trustee or director | 1 | $0 |
| JESSICA ELLINGTON | AT-LARGE Trustee or director | 1 | $0 |
| ARRYN GONZALEZ | AT-LARGE Trustee or director | 1 | $0 |
| NATHAN HAMILTON | AT-LARGE Trustee or director | 1 | $0 |
| NATASHA JACKSON | AT-LARGE Trustee or director | 1 | $0 |
| TIMOTHY LOCKLEAR | AT-LARGE Trustee or director | 1 | $0 |
| SEAN MALONE | AT-LARGE Trustee or director | 1 | $0 |
| MIKE MCGEE | AT-LARGE Trustee or director | 1 | $0 |
| HUNTER TAYLOR | AT-LARGE Trustee or director | 1 | $0 |
| GREG TOFT | AT-LARGE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7713 LEAD MINE RD STE 51, RALEIGH, NC 27615-4805
- Principal officer (990 for 2024)
- TEDD SZETO, 7713-51 LEAD MINE RD, RALEIGH, NC 27615
- Signed the 990
- VINCENT MOSS, TREASURER
- Phone
- (919) 866-0228
- Website
- WWW.NRACT.ORG
- Return prepared by
- MADDISON & CAISON LLP
Mission
NORTH RALEIGH ARTS AND CREATIVE THEATRE SEEKS TO ENGAGE ALL MEMBERS OF OUR COMMUNITY BY OFFERING HIGH QUALITY ENTERTAINMENT AND THEATRE EDUCATION. WE ENCOURAGE THE DEVELOPMENT OF LIFE SKILLS WHILE PROVIDING OPPORTUNITIES TO DEVELOP A LIFELONG PASSION FOR THEATRE. WE PRESENT INNOVATIVE THEATRE EXPERIENCES WHICH ARE ARTISTICALLY VALUABLE AND ENTERTAINING.
Program accomplishments
- PROVIDES TRAINING IN THE THEATRICAL ARTS THROUGH AN EDUCATIONAL PROGRAM AND SUMMER CAMPS AND GIVES PERFORMANCES TO THE PUBLIC ON A REGULAR BASIS.Expenses $312,954 · revenue $181,596
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1540362
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A60)
- Assets (IRS master file)
- $642,301
- Income (IRS master file)
- $379,260
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $379,260 | $395,313 | $642,301 | XML |
| 990 | June 2024 | $393,275 | $389,961 | $738,422 | XML |
| 990 | June 2023 | $358,095 | $345,738 | $788,268 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1540362).
Questions about NORTH RALEIGH ARTS & CREATIVE THEATRE
- What is the EIN of NORTH RALEIGH ARTS & CREATIVE THEATRE?
- The employer identification number (EIN) of NORTH RALEIGH ARTS & CREATIVE THEATRE is 42-1540362.
- Is NORTH RALEIGH ARTS & CREATIVE THEATRE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to NORTH RALEIGH ARTS & CREATIVE THEATRE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH RALEIGH ARTS & CREATIVE THEATRE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NORTH RALEIGH ARTS & CREATIVE THEATRE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH RALEIGH ARTS & CREATIVE THEATRE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NORTH RALEIGH ARTS & CREATIVE THEATRE?
- The 990 for the year ended June 30, 2025 names TEDD SZETO.
- Who are the officers and directors of NORTH RALEIGH ARTS & CREATIVE THEATRE?
- The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does NORTH RALEIGH ARTS & CREATIVE THEATRE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $379,260, expenses of $395,313 and total assets of $642,301 at year end.
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All nonprofits in RALEIGH · North Carolina · Arts, culture and humanities