Carolina Academy of Performing Arts Theatre Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
As a year-round venue for the performing arts, the vision of CAPA Theatre is to:EDUCATE: CAPA Theatre will be a center of education for area youth by housing and operating an educational cooperative learning center that offers flexibility in accessing a variety of educational and performing arts classes. TRAIN: CAPA Theatre will be a center of educational training for selected conservatory level performing arts programs. CAPA will house training programs for selected high quality conservatory level performing arts training programs. PERFORM: CAPA Theatre will provide a state-of-the-art multidisciplinary theater and accompanying performing arts rooms and spaces which can be used to showcase high quality conservatory level performing arts productions, recitals, concerts, and shows. ENTERTAIN: CAPA Theatre will host performances in theater, music, dance, comedy, and family programming which will entertain, inspire, and educate the local public.CONNECT: CAPA Theatre will connect current an
- Income
- $115,983
- Spending
- $76,254
- Reserves
- 8.6 months of spending
- Largest source of income
- donations and private grants, 62%
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- Performing Arts Educational Center: including fundraising, planning, design, construction, and on-going management
- $14,640 spent. Scholarships for performing artists in Southwest Wake County and surrounding areas.
- $54,338 spent. Procurement of rehearsal and performance spaces for resident programs
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.