Nonprofit · EIN 56-2273997
CAROLINA YOUTH BALLET INC
Tax-exempt · CARY, NC 27518
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $141,556 | $174,739 | -$33,183 | $118,311 | $286 | $118,025 |
| June 30, 2024 | 990-EZ | $135,639 | $128,251 | $7,388 | $152,173 | $965 | $151,208 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,195
- Program service revenue
- $120,752
- Net income from fundraising events
- $8,604
- Other revenue
- $5
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $27,608
- Professional fees and payments to contractors
- $974
- Occupancy
- $9,750
- Other expenses
- $136,407
- Program services (functional)
- $161,731
Balance sheet and other
- Total assets, start of year
- $152,173
- Total assets, end of year
- $118,311
- Total liabilities, end of year
- $286
- Net assets, end of year
- $118,025
- Cash, savings and investments
- $118,311
- Gross receipts
- $142,256
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNETTE HAGOPIAN | EXEC. DIRECTOR | 20 | $0 |
| CINDY MCGOWEN | SECRETARY | 1 | $0 |
| STEPHANIE HOLT | TREASURER | 1 | $0 |
| JULIA YOUNG KIRKPATRICK | MEMBER | 1 | $0 |
990-EZ for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNETTE HAGOPIAN | EXEC. DIRECTOR | 20 | $0 |
| CINDY MCGOWEN | SECRETARY | 1 | $0 |
| STEPHANIE HOLT | TREASURER | 1 | $0 |
| JULIA YOUNG KIRKPATRICK | MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2918 KILDAIRE FARM RD, CARY, NC 27518-9614
- In care of
- % ANNETTE C HAGOPIAN
- Signed the 990-EZ
- ANNETTE HAGOPIAN, EXECUTIVE DIRECTOR
- Phone
- (919) 387-1298
- Return prepared by
- STEWARD INGRAM & COOPER PLLC
Mission
THE MISSION OF THE CAROLINA YOUTH BALLET IS TO PROVIDE PUBLIC PERFORMING OPPORTUNITIES FOR TALENTED MIDDLE AND SECONDARY SCHOOL LEVEL DANCERS AND TO EDUCATE THE COMMUNITY ABOUT THE TRAINING OF YOUNG DANCERS AND THE CREATION AND CHOREOGRAPHY OF CLASSICAL BALLET, AND THE OPPORTUNITY TO SEE CLASSICAL BALLET IN A COMMUNITY ENVIRONMENT AT A REASONABLE COST.IN ADDITION TO CULTIVATING THE DISCIPLINE, TECHNIQUE, AND GRACE REQUIRED OF WORLD-CLASS DANCERS, CYB'S MISSION FOCUSES ON DEVELOPING AN APPRECIATION OF BALLET WITHIN THE COMMUNITY. CYB PERFORMANCES PROVIDE AN OPPORTUNITY FOR OUR COMMUNITY TO ENJOY EXCEPTIONAL BALLET PERFORMED BY LOCAL YOUTH AT AN AFFORDABLE, FAMILY PRICE. EDUCATIONAL STUDIES SHOW THAT PARTICIPATION IN THE ARTS, AS A PERFORMER OR AN OBSERVER, ENHANCES CREATIVE THINKING AND WRITING SKILLS, STIMULATES HIGHER LEVEL THOUGHT PROCESSES, AND IMPROVES LISTENING SKILLS.
Program accomplishments
- 2 MAJOR PERFORMANCES PER YEAR OPEN TO THE PUBLIC; SPECIAL EVENT PERFORMANCES IN THE COMMUNITY; PROVIDE LECTURE DEMONSTRATIONS AT SCHOOLSExpenses $161,731
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-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-2273997
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A63)
- Assets (IRS master file)
- $118,311
- Income (IRS master file)
- $142,256
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $141,556 | $174,739 | $118,311 | XML |
| 990-EZ | June 2024 | $135,639 | $128,251 | $152,173 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | 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 56-2273997).
Questions about CAROLINA YOUTH BALLET INC
- What is the EIN of CAROLINA YOUTH BALLET INC?
- The employer identification number (EIN) of CAROLINA YOUTH BALLET INC is 56-2273997.
- Is CAROLINA YOUTH BALLET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to CAROLINA YOUTH BALLET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAROLINA YOUTH 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 YOUTH 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 YOUTH BALLET INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of CAROLINA YOUTH BALLET INC?
- The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CAROLINA YOUTH BALLET INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $141,556, expenses of $174,739 and total assets of $118,311 at year end.
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