Civic Intelligence

Carolina Dance Foundation Inc

990 • Fiscal year 2021 • EIN 68-0655997

Jul 01, 2020 to Jun 30, 2021 • Filed on Jun 21, 2022

9101-169 Leesville RoadRaleigh, NC 27613

(919) 600-8733

Siviq Scores

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

Liabilities / Assets

64th percentile

0.03x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.02x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Net Margin

34th percentile

-2.4%

Higher net margin than 34% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$10,353

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Asset Growth

43rd percentile

-1.5%

Faster asset growth than 43% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

-4.5%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$114,615

Down $1,789 (-1.5%) from 2020

Net Assets

Down

$111,265

Down $5,139 (-4.4%) from 2020

Liabilities

Up

$3,350

Up $3,350 from 2020

Revenue

Down

$213,616

Down $9,976 (-4.5%) from 2020

Expenses

Up

$218,755

Up $37,203 (+20%) from 2020

Net Income

Down

-$5,139

Down $47,179 (-112%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $24,242Liabilities 2010: $02010Assets 2011: $15,642Liabilities 2011: $02011Assets 2012: $18,997Liabilities 2012: $02012Assets 2013: $23,082Liabilities 2013: $02013Assets 2014: $36,314Liabilities 2014: $0Net Assets 2014: $36,3142014Assets 2017: $50,869Liabilities 2017: $0Net Assets 2017: $50,8692017Assets 2018: $59,630Liabilities 2018: $0Net Assets 2018: $59,6302018Assets 2019: $73,528Liabilities 2019: $0Net Assets 2019: $73,5282019Assets 2020: $116,404Liabilities 2020: $0Net Assets 2020: $116,4042020Assets 2021: $114,615Liabilities 2021: $3,350Net Assets 2021: $111,2652021Assets 2022: $115,716Liabilities 2022: $7,269Net Assets 2022: $108,4472022Assets 2023: $87,848Liabilities 2023: $0Net Assets 2023: $87,8482023Assets 2024: $62,994Liabilities 2024: $0Net Assets 2024: $62,9942024Assets 2025: $84,061Liabilities 2025: $14,842Net Assets 2025: $69,2192025

Highlighted filing

2021

Assets$114,615
Liabilities$3,350
Net Assets$111,265

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $51,410Expenses 2010: $45,863Net Income 2010: $5,5472010Revenue 2011: $17,255Expenses 2011: $25,855Net Income 2011: -$8,6002011Revenue 2012: $61,739Expenses 2012: $58,384Net Income 2012: $3,3552012Revenue 2013: $80,080Expenses 2013: $75,995Net Income 2013: $4,0852013Revenue 2014: $112,668Expenses 2014: $99,436Net Income 2014: $13,2322014Revenue 2017: $74,635Expenses 2017: $74,310Net Income 2017: $3252017Revenue 2018: $186,088Expenses 2018: $202,363Net Income 2018: -$16,2752018Revenue 2019: $259,808Expenses 2019: $249,444Net Income 2019: $10,3642019Revenue 2020: $223,592Expenses 2020: $181,552Net Income 2020: $42,0402020Revenue 2021: $213,616Expenses 2021: $218,755Net Income 2021: -$5,1392021Revenue 2022: $368,184Expenses 2022: $371,002Net Income 2022: -$2,8182022Revenue 2023: $155,107Expenses 2023: $175,706Net Income 2023: -$20,5992023Revenue 2024: $141,683Expenses 2024: $166,537Net Income 2024: -$24,8542024Revenue 2025: $183,871Expenses 2025: $177,646Net Income 2025: $6,2252025

Highlighted filing

2021

Revenue$213,616
Expenses$218,755
Net Income-$5,139
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jun 21, 2022
Return Version
2020v4.1
Gross Receipts
$219,221
Mission and Program Overview

Mission

We promote dance education & awareness.

We promote dance education and awareness within the Triangle region through community outreach and quality dance performances.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,487$81,097▼ $15,390
Savings and Temporary Cash Investments$19,917$33,424▲ $13,507
Total Assets$116,404$114,615▼ $1,789
Other Assets Total-$94-
Liabilities
Accounts Payable and Accrued Expenses-$3,350-
Total Liabilities$0$3,350▲ $3,350
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$116,404$111,265▼ $5,139
Total Net Assets Fund Balance$116,404$111,265▼ $5,139
Total Liabilities and Net Assets / Fund Balance$116,404$114,615▼ $1,789

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$94--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kai HinkeyGeneral Board MemberPT$10,353$10,353
Missy BlackburnArtistic DirectorPT$9,900$9,900
Lindsay Collins ShawArtistic DirectorPT$8,700$8,700
Jennifer Culler MooreArtistic DirectorPT$7,700$7,700
Carina GoodmanAsst Director - TapPT$4,650$4,650
Danielle HoeckelAsst Director - JazzPT$4,400$4,400

Board Members and Trustees

NameTitle
Cathy RobinsonPresident
Sherry BaileyPresident Emeritus
Annette TrammelVice President
Lindsay MyersCo-Performance Director
Tammy HnatekCo-Performance Director
Amber JonesCommunications Director
Andrea CookFundraising Director
Kathryn HutchinsonOutreach Director
Christina GainorVolunteer Director
Sarah MearsSecretary
Teresa AtkinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,434
Program Service Revenue
$205,127
Investment Income
$7
Other Revenue
$6,048
All Other Contributions
$2,434
Change in Net Assets
$-5,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$174,755
Salaries, Compensation, and Employee Benefits$42,000
Grants and Similar Amounts Paid$2,000
Total Fundraising Expense$1,937
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$77,454--$77,454
Fees for Services Other$53,287--$53,287
Current Officers, Directors, Trustees, and Key Employees$38,675$1,900$1,425$42,000
Travel$11,585--$11,585
Office Expenses$7,933$138$103$8,174
Occupancy$7,592--$7,592
Fees for Services Accounting-$3,065-$3,065
Insurance$549$1,655$127$2,331
Information Technology$1,587$377$282$2,246
Grants to Domestic Individuals$2,000--$2,000
Other Expenses$405--$405
Total Functional Expenses$209,683$7,135$1,937$218,755
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,653
Fundraising Direct Expenses$5,605
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Three of the board members are owners of the dance studio used by the dancers participating in the organizations dance program.

Form 990 governing body review Part VI line 11

The Board Treasurer reviews the 990, prior to filing.

CEO executive director top management comp Part VI line 15A

The board discusses stipend payments for services to maintain the mission of the organization.

Other officer or key employee compensation Part VI line 15B

The board discusses stipend payments for services to maintain the mission of the organization.

Governing documents etc available to public Part VI line 19

All required public information is available upon request.

Filing and Contact Details

Filer

Filer Name
Carolina Dance Foundation Inc
EIN
68-0655997
Address
9101-169 Leesville Road, Raleigh, NC 27613

Signing Officer

Name
Teresa Atkinson
Title
Treasurer
Phone
9196008733
Signed
2022-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Atkinson
Formed
2006
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
107

Preparer

Firm
Camille Parker CPA PLLC
Address
8801 Fast Park Drive Suite 301, Raleigh, NC 27617
Preparer
Camille Parker
Phone
9198615241
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

The organization does not have employees. All fees for services to support the charitable mission are paid to contractors and reported on FORM 1099NEC. Some contractors paid for services include Board Members and are reported in Part IX, Line 5. Performance Contractors $36,061Cleaning Fees $1,370Education & Training Instructors $15,856

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IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0We promote dance education and awareness within the Triangle region through community outreach and quality dance performances.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0116404
IRS990/NetAssetsOrFundBalancesEOYAmt0111265
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt06048
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt06048
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0116404
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0111265
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt07592
IRS990/OccupancyGrp/TotalAmt07592
IRS990/OfficeExpensesGrp/FundraisingAmt0103
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0138
IRS990/OfficeExpensesGrp/ProgramServicesAmt07933
IRS990/OfficeExpensesGrp/TotalAmt08174
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt094
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Costumes
IRS990/OtherExpensesGrp/Desc1Performance Props
IRS990/OtherExpensesGrp/Desc2Dues & Subscriptions
IRS990/OtherExpensesGrp/ProgramServicesAmt07803
IRS990/OtherExpensesGrp/ProgramServicesAmt1813
IRS990/OtherExpensesGrp/ProgramServicesAmt2405
IRS990/OtherExpensesGrp/TotalAmt07803
IRS990/OtherExpensesGrp/TotalAmt1813
IRS990/OtherExpensesGrp/TotalAmt2405
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Teresa Atkinson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711120
IRS990/ProgramServiceRevenueGrp/BusinessCd1711120
IRS990/ProgramServiceRevenueGrp/Desc0Dance Member Dues
IRS990/ProgramServiceRevenueGrp/Desc1Dance Performance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0193938
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0193938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111189
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02446
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04900
IRS990/PYInvestmentIncomeAmt06
IRS990/PYOtherExpensesAmt0155652
IRS990/PYOtherRevenueAmt0-16301
IRS990/PYProgramServiceRevenueAmt0237441
IRS990/PYRevenuesLessExpensesAmt042040
IRS990/PYSalariesCompEmpBnftPaidAmt021000
IRS990/PYTotalExpensesAmt0181552
IRS990/PYTotalRevenueAmt0223592
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-5139
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt019917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033424
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02434
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0148041
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0167364
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt062259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt063591
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0443689
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0205127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0205127
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0648816
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0207561
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0148041
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0167364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062259
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt063591
IRS990ScheduleA/Total509Grp/TotalAmt0648816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0207568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0148041
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0167364
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt062259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt063591
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0648823
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt094
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Others
IRS990ScheduleD/TotalBookValueOtherAssetsAmt094
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Three of the board members are owners of the dance studio used by the dancers participating in the organizations dance program.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board Treasurer reviews the 990, prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board discusses stipend payments for services to maintain the mission of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board discusses stipend payments for services to maintain the mission of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All required public information is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization does not have employees. All fees for services to support the charitable mission are paid to contractors and reported on FORM 1099NEC. Some contractors paid for services include Board Members and are reported in Part IX, Line 5. Performance Contractors $36,061Cleaning Fees $1,370Education & Training Instructors $15,856
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0116404
IRS990/TotalAssetsEOYAmt0114615
IRS990/TotalAssetsGrp/BOYAmt0116404
IRS990/TotalAssetsGrp/EOYAmt0114615
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02434
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01937
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07135
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0209683
IRS990/TotalFunctionalExpensesGrp/TotalAmt0218755
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt03350
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt03350
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0116404
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0111265
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0209683

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.84$0.15$0.69$1.84$1.78$0.06
2024Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$1.42$1.67$0.25
2023Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.55$1.76$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.07$1.08$3.68$3.71$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.03$1.11$2.14$2.19$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$2.24$1.82$0.42
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$2.60$2.49$0.10
2018Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$1.86$2.02$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.75$0.74$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.13$0.99$0.13
2013Summary only. Only limited summary data is available for this year.$0.23$0.00$0.80$0.76$0.04
2012Summary only. Only limited summary data is available for this year.$0.19$0.00$0.62$0.58$0.03
2011Summary only. Only limited summary data is available for this year.$0.16$0.00$0.17$0.26$0.09
2010Summary only. Only limited summary data is available for this year.$0.24$0.00$0.51$0.46$0.06