Charity Search / CAROLINA DANCE FOUNDATION
Arts, Culture & Humanities (A20) IRS Verified DX Registered 990 on File

CAROLINA DANCE FOUNDATION

EIN: 68-0655997 · RALEIGH, NC 27675-0967 · United States · FY 2025 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 50/100
Effectiveness (25%) 82/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Carolina Dance Foundation is a non-profit organization that promotes dance education and awareness within the Triangle region through community outreach and quality dance performance. Specifically, we strive to: Promote the appreciation and awareness of dance arts in the community To provide education in dance forms such as jazz, ballet, tap, and hip hop To give public and community outreach performance in the mentioned dance forms Sponsor special events of the CDC Performance Companies and collaborations with community artists and performing arts groups.

Financial Overview — FY 2025
$184K
Total Revenue
$178K
Total Expenses
$69K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.1%
Fundraising Efficiency 11.3%
Operating Reserve 4.68x
Liability-to-Asset 17.7%
Revenue Diversification 15.9%
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.1% 81.9%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
11.3% 27.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
4.7 mo 9.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
17.7% 1.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
15.9% 77.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
29.8% 6.7%
P10P90
Expense growth
Year over year expense growth
6.7% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
3.4% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $184K $178K $69K 98.1% —
2024 $142K $167K $63K 97.7% —
2023 $155K $176K $88K 95.1% —
2022 $368K $371K $108K 98.3% 0
2021 $214K $219K N/A — 0
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Organization Details
EIN
68-0655997
State
NC
City
RALEIGH
ZIP
27675-0967
Classification
A20
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2006
Foundation Code
16
Form 990
On File
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