Nonprofit · EIN 56-1445383
CAROLINA BALLET INC
Tax-exempt · RALEIGH, NC 27604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,590,512 | $9,527,083 | -$1,936,571 | $6,430,546 | $3,025,260 | $3,405,286 |
| June 30, 2024 | 990 | $10,937,409 | $8,775,339 | $2,162,070 | $8,708,518 | $3,366,661 | $5,341,857 |
| June 30, 2023 | 990 | $9,651,562 | $8,753,508 | $898,054 | $4,769,065 | $1,589,278 | $3,179,787 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,437,477
- of which government grants
- $312,500
- Program service revenue
- $4,072,798
- Investment income
- $170,399
- Net gain from sales of assets
- $98,300
- Net income from fundraising events
- -$111,943
- Net income from sales of inventory
- $3,281
- Other revenue
- -$90,162
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $268,411
- Other salaries and wages
- $2,225,891
- Salaries, compensation and benefits (total)
- $3,335,350
- Professional fundraising fees
- $0
- Legal fees
- $642
- Accounting fees
- $127,381
- Occupancy
- $503,623
- Travel
- $464,584
- Depreciation
- $626,708
- Program services (functional)
- $7,926,099
- Management and general (functional)
- $1,227,392
- Fundraising (functional)
- $373,592
Balance sheet and other
- Total assets, start of year
- $8,708,518
- Total assets, end of year
- $6,430,546
- Total liabilities, end of year
- $3,025,260
- Net assets, end of year
- $3,405,286
- Land, buildings and equipment
- $2,550,924
- Net assets without donor restrictions
- $2,720,328
- Net assets with donor restrictions
- $684,958
- Gross receipts
- $7,740,280
- Employees
- 114
- Volunteers
- 78
- Year formed
- 1984
- 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 | Other / benefits |
|---|---|---|---|---|
| ZALMAN GRINBERG | ARTISTIC DIRECTOR/CEO Officer | 60 | $163,867 | $7,091 |
| AJI TOURAY | CHIEF FINANCIAL OFFICER Officer | 60 | $102,210 | $6,613 |
| ADAM SCHIFFER | CHIEF OPERATING OFFICER Officer | 60 | $93,277 | $7,027 |
| MS KAREN FOSTER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS STEFANIE KAHN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MS MEG DEAL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MS ELISE HOBBS-GANNAWAY | VICE-TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR ROBERT SCHANTZ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR LENORE BEHAR PHD | BOARD MEMBER THRU 11/2024 Trustee or director | 1 | $0 | $0 |
| MR MAURICE BOSWELL | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| MRS SUSAN BRIGHAM | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| DR JOSEPH BUMGARNER | BOARD MEMBER 2025 Trustee or director | 1 | $0 | $0 |
| DR ANNA GOODMON MD | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| MR MARK S EISEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR KAROL V JARZABEK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR CHARLIE SILVER | BOARD MEMBER 2026 Trustee or director | 1 | $0 |
| MR BRANDON STATON | BOARD MEMBER 2026 Trustee or director | 1 | $0 |
| MRS KATHERINE WHITE | BOARD MEMBER 2026 Trustee or director | 1 | $0 |
| MRS LESLEY WILSON | BOARD MEMBER 2026 Trustee or director | 1 | $0 |
| MRS JUDY ZELNAK | BOARD MEMBER 2024 Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ZALMAN GRINBERG | ARTISTIC DIRECTOR/CEO Officer | 60 | $168,830 | $5,987 |
| JAN CATLIN | BALLET MASTER/CHAIR OF FACULTY Highest-paid employee | 60 | $102,113 | $6,017 |
| AJI TOURAY | DIRECTOR OF HR & ACCOUNTING Officer | 60 | $89,407 | $7,010 |
| MS KAREN FOSTER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS STEFANIE KAHN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS JANE SMALL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MS MEG DEAL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MS ELISE HOBBS-GANNAWAY | VICE-TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR LENORE BEHAR PHD | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| MR MAURICE BOSWELL | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| MRS SUSAN BRIGHAM | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| DR JOSEPH BUMGARNER | BOARD MEMBER 2025 Trustee or director | 1 | $0 | $0 |
| DR ANNA GOODMON MD | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| DR ROB SCHANTZ | BOARD MEMBER 2025 Trustee or director | 1 | $0 | $0 |
| CHARLES SILVER | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| MR BRANDON STATEN | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| MR KATHERINE WHITE | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| MS LESLEY WILSON | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| MRS JUDY ZELNAK | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ZALMAN GRINBERG | CEO Officer | 60 | $128,889 | $5,256 |
| ANNE DARTER | DIRECTOR OF FINANCE Key employee | 60 | $104,218 | $438 |
| MS KAREN FOSTER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS STEFANIE KAHN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS JANE SMALL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MS MEG DEAL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MS ELISE HOBBS-GANNAWAY | VICE-TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR LENORE BEHAR PHD | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| MR MAURICE BOSWELL | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| DR ANNA GOODMON MD | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| MRS JUDY ZELNAK | BOARD MEMBER 2024 Trustee or director | 1 | $0 | $0 |
| DR ROB SCHANTZ | BOARD MEMBER 2025 Trustee or director | 1 | $0 | $0 |
| DR JOSEPH BUMGARNER | BOARD MEMBER 2025 Trustee or director | 1 | $0 | $0 |
| MS SUSAN BRIGHAM | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| CHARLES SILVER | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| MR KATHERINE WHITE | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| MS LESLEY WILSON | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
| MR BRANDON STATEN | BOARD MEMBER 2026 Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3030 STONY BROOK DR, RALEIGH, NC 27604-3716
- Principal officer (990 for 2024)
- MARGARET DEAL, 3030 STONY BROOK DRIVE, RALEIGH, NC 27604
- Signed the 990
- MARGARET DEAL, TREASURER
- Phone
- (919) 719-0800
- Website
- WWW.CAROLINABALLET.COM
- Return prepared by
- CLIFTONLARSONALLEN
Mission
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. CAROLINA BALLET WORKS TO ACCOMPLISH THIS MISSION BY (CONT. ON SCH. O)1) ATTRACTING, DEVELOPING ENLIGHTENING DANCERS AND ARTISTIC PERSONNEL COMBINED WITH A FISCALLY RESPONSIBLE MANAGEMENT TEAM AND BOARD OF DIRECTORS; 2) COMMISSIONING NEW WORKS BY INNOVATIVE CHOREOGRAPHERS; 3) PRESENTING TRADITIONAL BALLETS OF LEGENDARY MASTERS; AND 4) EDUCATING CURRENT AND FUTURE AUDIENCES THROUGH PROGRAMS FOR SCHOOL CHILDREN & YOUNG ADULTS AND OTHER PERFORMANCE OUTREACH ACTIVITIES.
Program accomplishments
- CAROLINA BALLET OFFERS CLASSICAL WORKS, TRADITIONAL STORY BALLETS, AND INNOVATIVE NEW CHOREOGRAPHY, AS WELL AS AN ANNUAL NUTCRACKER PROGRAM. WE PERFORM APPROXIMATELY 75-80 TIMES EACH SEASON. EACH YEAR, WE DONATE OVER 2,500 TICKETS TO COMMUNITY SERVICE NONPROFITS AND PERFORM A "FREE" NUTCRACKER COMMUNITY PERFORMANCE IN DECEMBER. SINCE 1998, WE HAVE PRESENTED APPROXIMATELY 1,150 PERFORMANCES TO MORE THAN 1M PEOPLE.THE BALLET HAS REACHED MORE THAN 100,000 CHILDREN (PRE-K TO HIGH SCHOOL) THROUGH VARIOUS OUTREACH AND EDUCATION PROGRAMS. SUCH AS DANCERS IN SCHOOLS WHICH PRESENTS HANDS-ON BALLET DEMONSTRATIONS BY PROFESSIONAL DANCERS IN ELEMENTARY SCHOOLS.CONTINUED ON SCHEDULE OWE CONTINUE TO TRAIN AND ENGAGE YOUNG AND EMERGING DANCERS THROUGH OUR RUTH S. SHUR SUMMER INTENSIVE, ONE OF THE TOP-RATED SUMMER BALLET TRAINING PROGRAMS IN THE COUNTRY. OUR SCHOOL OF CAROLINA BALLET (SCB) OFFERS PROFESSIONAL DANCE TRAINING AFTER SCHOOL FOR AGES 6 AND UP. SCB PROVIDES SCHOLARSHIPS FOR ECONOMICALLY DISADVANTAGED STUDENTS, REGARDLESS OF RACE OR GENDER.CAROLINA BALLET IS PROUD OF OUR ORGANIZATION'S RESILIENCE, ADAPTABILITY, AND FLEXIBILITY THROUGHOUT THE PANDEMIC. WE RECENTLY CELEBRATED OUR 25TH ANNIVERSARY DURING FY 2022-2023, MARKING AN IMPORTANT MILESTONE IN OUR JOURNEY. IN ADDITION TO OUR CORE PROGRAMS, OUR ARTISTIC DIRECTOR/CEO DEMONSTRATES A PERSONAL COMMITMENT TO THE COMMUNITY BY TEACHING AT THE WOMEN'S HOMELESS SHELTER AND LEADING CLASSES FOR THE WAKE COUNTY FOSTER PROGRAM HERE AT OUR STUDIOS, EXPANDING OUR REACH AND IMPACT BEYOND THE STAGE.Expenses $7,926,099 · revenue $4,076,079
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
- 56-1445383
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A630)
- Assets (IRS master file)
- $6,430,546
- Income (IRS master file)
- $7,740,280
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,590,512 | $9,527,083 | $6,430,546 | IRS |
| 990 | June 2024 | $10,937,409 | $8,775,339 | $8,708,518 | IRS |
| 990 | June 2023 | $9,651,562 | $8,753,508 | $4,769,065 | XML |
| 990 | June 2022 | $7,597,058 | $6,288,152 | $3,987,257 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 56-1445383).
Questions about CAROLINA BALLET INC
- What is the EIN of CAROLINA BALLET INC?
- The employer identification number (EIN) of CAROLINA BALLET INC is 56-1445383.
- Is CAROLINA BALLET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to CAROLINA BALLET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAROLINA BALLET INC 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 CAROLINA BALLET INC 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 CAROLINA BALLET INC 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 CAROLINA BALLET INC?
- The 990 for the year ended June 30, 2025 names MARGARET DEAL.
- Who are the officers and directors of CAROLINA BALLET INC?
- The 990 for the year ended June 30, 2025 lists 20 people; 3 received compensation from the organization, the highest $163,867 (ZALMAN GRINBERG, ARTISTIC DIRECTOR/CEO).
- How much revenue does CAROLINA BALLET INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,590,512, expenses of $9,527,083 and total assets of $6,430,546 at year end.
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