Hickory Ballet & Performing Arts is a 501(c)(3) organization based in Hickory, North Carolina, registered in 2019, with $311,336 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$311K
▲ 17.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$312K
Net assets
$74K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hickory Ballet & Performing Arts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hickory Ballet & Performing Arts: 3 mo reserves · -0% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hickory Ballet & Performing Arts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hickory Ballet & Performing Arts: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $153K (FY2018) to $311K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$181K
Total liabilities
$108K
Net assets
$74K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $311,336▲17.0% | $312,472▲6.6% | $73,523▼1.5% | $181,031▼2.7% | 990 |
| 2023 | $266,097▼4.5% | $293,058▲30.0% | $74,659▼26.5% | $185,959▼14.7% | 990 |
| 2022 | $278,659▲25.3% | $225,460▲33.7% | $101,620▲110% | $217,921▲27.6% | 990 |
| 2021 | $222,319▲57.2% | $168,622▲23.5% | $48,421▲1018% | $170,721▲217% | 990 |
| 2020 | $141,420▼10.8% | $136,533▼15.3% | -$5,276▲48.1% | $53,859▲21.8% | 990EZ |
| 2019 | $158,600▲3.9% | $161,172▼3.3% | -$10,163▼33.9% | $44,237▲243% | 990EZ |
| 2018 | $152,700 | $166,690 | -$7,591 | $12,909 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Hickory Ballet & Performing Arts totaling $5,500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $5,500 |
Explore more
Data for Hickory Ballet & Performing Arts (EIN 82-3438309) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.