AArts, Culture & HumanitiesEIN: 581314711· Ruling Year: 1978

Charlotte Ballet

Charlotte, North Carolina

A-Health Score
77A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.57×
Peer Median210.95×
💰
$11.6M
Total Revenue
📊
$11.9M
Total Expenses
🏦
$18.7M
Net Assets
📋
$4.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+31.4%
Year-over-year change (2022 → 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.57
Net assets divided by total expenses
Liabilities-to-Assets
20.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$11,634,18031%$11,919,63849%$23,590,02819%
2022$8,853,68086%$7,979,89684%$19,775,0002%
2021$4,763,25333%$4,328,83340%$20,235,60811%
2020$7,089,2383%$7,262,2995%$18,225,0863%
2019$7,278,9474%$7,654,2172%$18,852,599
2018$7,016,2405%$7,798,9393%$18,902,0342%
2017$7,413,2872%$7,537,73912%$19,336,8961%
2016$7,278,20619%$6,739,51613%$19,153,7824%
2015$6,119,5831%$5,971,04215%$18,458,226
2014$6,074,12214%$5,209,6804%$18,373,1048%
2013$5,332,51510%$5,010,3606%$17,073,5753%
2012$4,827,05210%$4,730,920$16,590,3381%
2011$4,375,706$4,726,877$16,733,183

Frequently Asked Questions

What does Charlotte Ballet do?

Charlotte Ballet is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A620 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Charlotte Ballet financially healthy?

Based on our 9-metric Financial Health Score model, Charlotte Ballet has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Charlotte Ballet generate?

Charlotte Ballet reports $9.7M in annual revenue and holds $24.7M in total assets, based on IRS filings.

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