2026-05-19T16:11:34-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2024-07-01 201819852 LOS ANGELES BALLET INC LOSA 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 JULIA RIVERA EXECUTIVE DIRECTOR 3104888890 2026-05-14 1 1 LISA N RYSSEL CPA P00643670 7147955370 2026-05-14 2024 2025-03-06 01:10:19Z JULIA RIVERA 11755 EXPOSITION BLVD LOS ANGELES CA 90064 5835160 0 X WWW.LOSANGELESBALLET.ORG X 2004 CA TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCE IN LOS ANGELES. 24 24 38 24 0 0 2784603 2800668 2106593 2428661 0 0 -316027 193296 4575169 5422625 0 0 0 0 1485072 1384182 0 0 497869 3119911 3585752 4604983 4969934 -29814 452691 1039060 1515232 1013450 1036931 25610 478301 X TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCER IN LOS ANGELES, NATIONALLY, AND INTERNATIONALLY. TO PASSIONATELY PURSUE INNOVATION AND CREATIVITY AND PERFORMANCE. TO CHANGE LIVES THROUGH ACCESSIBLE DANCE EDUCATION PROGRAMS. 0 0 3901583 0 2467870 DURING THIS FISCAL YEAR, LOS ANGELES BALLET CONTINUED TO IMPROVE ITS FINANCIAL POSITION INCLUDING RECEIVING A $1MM GIFT TOWARDS OPERATING EXPENSES FROM A SINGLE DONOR. THE COMPANY PERFORMED A STORY BALLET WITH A LIVE ORCHESTRA IN ITS LARGEST VENUE, DOLBY THEATRE, A FIRST FOR THE COMPANY, AND INCREASED THE NUMBER OF NUTCRACKER PERFORMANCES AT DOLBY THEATRE, LEADING TO RECORD-BREAKING TICKET SALES. PERFORMANCES AT LARGER VENUES MEANS AN INCREASED CAPACITY OF AVAILABLE FREE TICKETS FOR COMMUNITY ORGANIZATIONS WHO ARE MEMBERS OF THE POWER OF PERFORMANCE PROGRAM. THE COMPANY WEATHERED THE LA FIRE DISASTER AND KEPT TO ITS PERFORMANCE SCHEDULE IN JANUARY. AS A SHOW OF SUPPORT, THE A CHANCE TO DANCE FREE CLASS PROGRAM SCHEDULE WAS DOUBLED TO PROVIDE RESPITE FOR PEOPLE DISPLACED BY THE FIRES. THE INCREASE WAS SO SUCCESSFUL THAT IT IS NOW THE STANDARD. ALTHOUGH THE EARNED INCOME GOAL FELL SHORT, THE 24/25 SEASON WAS THE COMPANY'S HIGHEST GROSSING SEASON FOR SALES. 3901583 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 79 0 1 38 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X JULIA RIVERA 3104777411 11755 EXPOSITION BLVD LOS ANGELES CA 90064 JENNIFER BELLAH MAGUIRE BOARD CHAIRMAN 3.00 X 0 0 0 ROBERTA K DAHL SECRETARY 8.00 X 0 0 0 ANNE BRILLIANT BOARD MEMBER 1.00 X 0 0 0 LEE COOPER BOARD MEMBER 1.00 X 0 0 0 SHARON DAVIS BOARD MEMBER 1.00 X 0 0 0 MONICA GARCIA DUGGAL BOARD MEMBER 1.00 X 0 0 0 JENNY DANZI ELIAS BOARD MEMBER 1.00 X 0 0 0 PETER GROSS BOARD MEMBER 1.00 X 0 0 0 LISA WINSHIP HANKIN BOARD MEMBER 1.00 X 0 0 0 GHADA IRANI BOARD MEMBER 1.00 X 0 0 0 SANDRA KANENGISER BOARD MEMBER 1.00 X 0 0 0 MARAL STEPHANIE KRADJIAN BOARD MEMBER 1.00 X 0 0 0 DEBBIE LUSTIG BOARD MEMBER 1.00 X 0 0 0 TAMAR MANOUKIAN BOARD MEMBER 1.00 X 0 0 0 LORI MILKEN BOARD MEMBER 1.00 X 0 0 0 BARI MILKEN BERNSTEIN BOARD MEMBER 1.00 X 0 0 0 ERICA MIN BOARD MEMBER 1.00 X 0 0 0 JOHN PETERS BOARD MEMBER 1.00 X 0 0 0 KONI RICH BOARD MEMBER 1.00 X 0 0 0 CORRINE SANDS BOARD MEMBER 1.00 X 0 0 0 JOHNESE SPISSO BOARD MEMBER 1.00 X 0 0 0 MATILDA SUNG BOARD MEMBER 1.00 X 0 0 0 ANNE TITUS HILBY BOARD MEMBER 1.00 X 0 0 0 RACHEL WEBER BOARD MEMBER 1.00 X 0 0 0 JULIA RIVERA EXECUTIVE DIRECTOR (START 03/24) 40.00 X 92308 0 9512 BRANDON LUSSIER EXECUTIVE DIRECTOR (THRU 03/24) 40.00 X 22928 0 0 115236 0 9512 0 0 0 0 0 902889 60759 1837020 6823 2800668 PERFORMANCE REVENUE 711120 2428661 2428661 2428661 44225 0 44225 44225 44225 482117 902889 372255 109862 109862 79489 40280 39209 39209 5422625 2467870 0 154087 129995 77997 51998 1054620 797880 66511 190229 99602 76191 6063 17348 99965 70235 10680 19050 146675 146675 86981 34911 29754 22316 294924 234041 22849 38034 65922 21974 21974 21974 26613 8730 8730 9153 75833 75833 263532 87844 87844 87844 1563 1563 55876 46480 4071 5325 104218 68660 17779 17779 PRODUCTION AND THEATER 2370376 2370376 CC SERVICE CHARGES 67992 67992 DEVELOPMENT 16819 16819 ALL OTHER EXPENSES 8428 8428 0 4969934 3901583 570482 497869 19955 1068219 519000 59171 4945 18184 726997 573789 88172 153208 406988 216450 1039060 1515232 469661 661398 17145 143301 142019 400488 216369 1013450 1036931 X -96957 273108 122567 205193 25610 478301 1039060 1515232 452691 0 X X 0 1 X 1 0 X 1655810 3095363 2027208 2784603 2800668 12363652 1655810 3095363 2027208 2784603 2800668 12363652 1532271 10831381 37191 101076 88465 16423 44225 287380 83224 118270 122731 79489 403714 13054746 8013009 0.82970 0.88630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36764 36764 0 473454 421063 52391 216779 115962 100817 153208 RIGHT-OF-USE ASSETS, OPERATING 208950 RENT DEPOSIT 7500 216450 LEASE LIABILITIES, OPERATING 216369 216369 X 5868479 73599 372255 445854 5422625 0 5422625 5415788 73599 372255 445854 4969934 0 4969934 PART X, LINE 2: THE ORGANIZATION HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701 OF THE CALIFORNIA REVENUE TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 372,255. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 372,255. GALA-DINNER 1271190 819184 452006 120625 30242 56823 28809 NUTCRACKER TEA 113816 83705 30111 60674 22599 36389 16094 1385006 902889 482117 181299 52841 93212 44903 372255 109862 JULIA RIVERA EXECUTIVE DIRECTOR 120555 CONSULTING 0 FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE ESTABLISHED AND MAINTAINED AN EXECUTIVE COMMITTEE WHICH SHALL BE RESPONSIBLE FOR ADVISING THE CHAIR OF THE BOARD OF DIRECTORS, MONITORING THE PROGRESS OF THE BOARD OF DIRECTORS AND MAKING DECISIONS DELEGATED TO IT BY THE BOARD OF DIRECTORS BETWEEN MEETINGS. THE COMMITTEE SHALL CONSIST OF THE ARTISTIC DIRECTORS, THE CHAIR OF THE BOARD, AND THE CHAIRS OF EACH OF THE EXISTING COMMITTEES. FORM 990, PART VI, SECTION A, LINE 2 THORDAL CHRISTENSEN AND COLLEEN NEAR HAVE A FAMILY RELATIONSHIP. LORI MILKEN AND BARI MILKEN-BERNSTEIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B DURING THE YEAR ENDED JUNE 30, 2025, LAB BOARD AUDIT COMMITTEE CONSISTS OF TWO INDIVIDUALS, WHO MAKE REPORTS TO THE FULL BOARD THAT ARE RECORDED IN THE GOVERNING BODY'S MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE FILING IS AVAILABLE, IT IS REVIEWED BY THE ORGANIZATION WITH ANY CHANGES BEING INCORPORATED INTO THE DOCUMENT. THE FILING IS THEN DISTRIBUTED TO THE GOVERNING BODY BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE OTHER BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE BOARD OF DIRECTORS (OR ANY COMMITTEE TO WHICH ITS AUTHORITY HAS BEEN DELEGATED FOR THIS PURPOSE) SHALL CONSIDER AND DETERMINE, BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN LAB'S BEST INTEREST, AND WHETHER IT IS FAIR AND REASONABLE. THE DECISION WILL BE DOCUMENTED IN THE LAB BOARD MINUTES. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED, UNDERSTANDS AND AGREES TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGES FROM PRIOR YEAR. AN AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITOR.