CAROLINA DANCE MASTERS INC

EIN: 901132308

Weddington, NC

Total Revenue
$206,443
Total Expenses
$177,672
Total Assets
$475,128
Net Assets
$475,128
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
NC
Principal Officer
MICHELLE SOUTIER
Phone
7045077563
Tax Period
2023-09-01 to 2024-08-31

CAROLINA DANCE MASTERS INC, founded in 1968, is a small nonprofit that reported $206K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $178K left a modest 14% surplus.

Mission

TO PROVIDE CONTINUING EDUCATION IN THE AREA OF DANCE TO MEMBERS ASSISTANTS STUDENTS THROUGH PERFORMANCE VENUES FOR THEIR CHOROGRAPHY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $203,907
Investment Income $2,536
Other Revenue $0
TOTAL REVENUE $206,443

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $177,672
Other Expenses $177,672
TOTAL EXPENSES $177,672

Year-over-Year Comparison

2023 2022 Change
Revenue $206,443 $240,237 -0.1%
Expenses $177,672 $222,904 -0.2%
Net Income $28,771 $17,333 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
5575

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE SOUTIER TREASURER 1.000
Officer Director
$0 $0 $0
STEPHANIE MAYBERRY END VICE PRESIDENT N/A
Officer Director
$0 $0 $0
TORI MELBY DIRECTOR N/A
Director
$0 $0 $0
SUZANNE MILLS PAST PRESIDENT N/A
Officer Director
$0 $0 $0
REBECCA NYIRI DIRECTOR N/A
Director
$0 $0 $0
MACEY BUTLER DIRECTOR N/A
Director
$0 $0 $0
AMANDA STALEY DIRECTOR N/A
Director
$0 $0 $0
KRISTI STEVENS SECRETARY N/A
Officer Director
$0 $0 $0
LAURA THORNBURG 1ST VICE PRESIDENT N/A
Officer Director
$0 $0 $0
LINDSEY TILLEY DIRECTOR N/A
Director
$0 $0 $0
MELISSA ZALESKI President N/A
Officer Director
$0 $0 $0
STERLING MASTERS-DEENEY DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $206,443 $177,672 $475,128 $28,771
2023 $240,237 $222,904 $446,357 $17,333
2022 $193,895 $169,656 $429,024 $24,239
2021 $112,438 $123,283 $404,785 $-10,845
2020 $211,458 $218,758 $415,630 $-7,300
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