Civic Intelligence

Cary Ballet Company

990EZ • Fiscal year 2020 • EIN 56-2080162

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 16, 2020

12218 Bradford Green Square No 1Cary, NC 27519

(919) 481-6509

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.25x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.09x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Net Margin

35th percentile

-4.9%

Higher net margin than 35% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$13,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Asset Growth

60th percentile

14%

Faster asset growth than 60% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

-12%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Flat

$49,410

Flat from 2020

Net Assets

$36,945

No earlier filing loaded for comparison.

Liabilities

Flat

$12,465

Flat from 2020

Revenue

Flat

$131,456

Flat from 2020

Expenses

Flat

$137,837

Flat from 2020

Net Income

Flat

-$6,381

Flat from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2010: $60,321Net Assets 2010: $60,3212010Assets 2011: $52,813Liabilities 2011: $02011Assets 2012: $77,180Net Assets 2012: $77,1802012Assets 2013: $34,717Liabilities 2013: $02013Assets 2014: $36,193Liabilities 2014: $02014Assets 2015: $42,427Net Assets 2015: $42,4272015Assets 2016: $17,563Net Assets 2016: $17,5632016Assets 2017: $32,434Net Assets 2017: $32,4342017Assets 2018: $40,353Net Assets 2018: $40,3532018Assets 2019: $43,326Liabilities 2019: $0Net Assets 2019: $43,3262019Assets 2020: $49,410Liabilities 2020: $12,465Net Assets 2020: $36,9452020Assets 2020: $49,410Liabilities 2020: $12,4652020Assets 2021: $29,650Liabilities 2021: $3,228Net Assets 2021: $26,4222021Assets 2022: $28,802Liabilities 2022: $3,236Net Assets 2022: $25,5662022Assets 2023: $33,390Liabilities 2023: $3,599Net Assets 2023: $29,7912023Assets 2025: $63,908Liabilities 2025: $3,423Net Assets 2025: $60,4852025

Highlighted filing

2020

Assets$49,410
Liabilities$12,465
Net Assets$36,945

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2010: $42,289Expenses 2010: $19,165Net Income 2010: $23,1242010Revenue 2011: $48,640Expenses 2011: $56,148Net Income 2011: -$7,5082011Revenue 2012: $70,036Expenses 2012: $45,669Net Income 2012: $24,3672012Revenue 2013: $29,955Expenses 2013: $72,418Net Income 2013: -$42,4632013Revenue 2014: $27,570Expenses 2014: $26,094Net Income 2014: $1,4762014Revenue 2015: $72,466Expenses 2015: $66,232Net Income 2015: $6,2342015Revenue 2016: $72,636Expenses 2016: $97,500Net Income 2016: -$24,8642016Revenue 2017: $126,574Expenses 2017: $111,704Net Income 2017: $14,8702017Revenue 2018: $154,772Expenses 2018: $146,853Net Income 2018: $7,9192018Revenue 2019: $149,110Expenses 2019: $147,347Net Income 2019: $1,7632019Revenue 2020: $131,456Expenses 2020: $137,837Net Income 2020: -$6,3812020Revenue 2020: $131,456Expenses 2020: $137,837Net Income 2020: -$6,3812020Revenue 2021: $126,730Expenses 2021: $137,253Net Income 2021: -$10,5232021Revenue 2022: $200,958Expenses 2022: $201,814Net Income 2022: -$8562022Revenue 2023: $286,563Expenses 2023: $282,338Net Income 2023: $4,2252023Revenue 2025: $354,890Expenses 2025: $326,669Net Income 2025: $28,2212025

Highlighted filing

2020

Revenue$131,456
Expenses$137,837
Net Income-$6,381
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$133,748
Mission and Program Overview

Mission

To culturally and educationally enrich the lives of the Triangle community by presenting classical ballets, contemporary premieres, and by providing arts education enrichment opportunities to our area's population, with intentional outreach to underserved students and residents.

Support and train dancers to enhance their performance abilities.

Program Services

DescriptionGrantsExpenses
Cary Ballet Company provides an opportunity for students to showcase their talents and skills through performance and aspirations in pre-professional dance. Cary Ballet Company also seeks to provide a special outreach to underserved students and residents.$5,500$88,294
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mariaelena RuizArtistic DirectorPT$13,000-$13,000
Heather IlerAssoc. Artistic DirectorPT$9,690-$9,690
Suzanne MurleyAdministrative DirectorPT$9,331-$9,331
Jon BruceBoard Of Directors-$0--
Mitchel KapnerBoard Of Directors-$0--
Kelsey ElggrenBoard Of Directors-$0--
Suzanne MurleyBoard Of Directors-$0--
Karl MoraskiBoard Of Directors-$0--
Filing and Contact Details

Filer

Filer Name
Cary Ballet Company
EIN
56-2080162
Phone
9194816509
Address
12218 Bradford Green Square No 1, Cary, NC 27519

Signing Officer

Name
Kelsey Elggren
Title
Board of Directors
Phone
9197889570
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Heroux & Company LLP
Address
4700 Falls of Neuse Road Suite 110, Raleigh, NC 27609
Preparer
Kelsey M Elggren CPA
Phone
9197889570
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: Wells Fargo. Amount: 6. Description: Miscellaneous Income. Amount: 545. Total to Form 990-EZ, line 8: 551.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Payroll Taxes. Amount: 3,124. Description: Office. Amount: 2,675. Description: Travel and Meetings. Amount: 3,727. Description: Financial Assistance. Amount: 12,767. Description: Show and Costume Expenses. Amount: 73,334. Description: Business Registration. Amount: 50. Total to Form 990-EZ, line 16: 95,677.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Current Liabilities. Beg. of Year Amount: 0. End of Year Amount: 12,465.

Raw XML Appendix207 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Karl Moraski
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Artistic Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Assoc. Artistic Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board of Directors
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt095677
IRS990EZ/OtherRevenueTotalAmt0551
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IRS990EZ/PrimaryExemptPurposeTxt0Support and train dancers to enhance their performance abilities.
IRS990EZ/PrintingPublicationsPostageAmt0600
IRS990EZ/ProgramServiceRevenueAmt056026
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Wells Fargo. Amount: 6. Description: Miscellaneous Income. Amount: 545. Total to Form 990-EZ, line 8: 551.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Payroll Taxes. Amount: 3,124. Description: Office. Amount: 2,675. Description: Travel and Meetings. Amount: 3,727. Description: Financial Assistance. Amount: 12,767. Description: Show and Costume Expenses. Amount: 73,334. Description: Business Registration. Amount: 50. Total to Form 990-EZ, line 16: 95,677.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Current Liabilities. Beg. of Year Amount: 0. End of Year Amount: 12,465.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum09197889570
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
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ReturnHeader/Filer/BusinessNameControlTxt0CARY
ReturnHeader/Filer/EIN0562080162
ReturnHeader/Filer/PhoneNum09194816509
ReturnHeader/Filer/USAddress/AddressLine1Txt012218 Bradford Green Square No 1
ReturnHeader/Filer/USAddress/CityNm0Cary
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ReturnHeader/FilingSecurityInformation/IPTm007:14:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562082565
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Heroux & Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04700 Falls of Neuse Road Suite 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Raleigh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027609
ReturnHeader/PreparerPersonGrp/PhoneNum09197889570
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kelsey M Elggren CPA
ReturnHeader/ReturnTs02020-11-16T07:14:56-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.03$0.60$3.55$3.27$0.28
2023Summary only. Only limited summary data is available for this year.$0.33$0.04$0.30$2.87$2.82$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.03$0.26$2.01$2.02$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.03$0.26$1.27$1.37$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.12$0.37$1.31$1.38$0.06
2020Summary only. Only limited summary data is available for this year.$0.49$0.12$1.31$1.38$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$1.49$1.47$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.40$1.55$1.47$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.32$1.27$1.12$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.73$0.98$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.72$0.66$0.06
2014Summary only. Only limited summary data is available for this year.$0.36$0.00$0.28$0.26$0.01
2013Summary only. Only limited summary data is available for this year.$0.35$0.00$0.30$0.72$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.77$0.70$0.46$0.24
2011Summary only. Only limited summary data is available for this year.$0.53$0.00$0.49$0.56$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.60$0.42$0.19$0.23