2024-05-14T14:54:36-05:00 2023-06-30 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2022-07-01 520846173 THE WASHINGTON BALLET WASH 2023623606 3515 WISCONSIN AVENUE NW WASHINGTON DC 20016 KIRSTEN POOLE CHIEF FINANCIAL OFFICER(AS OF 4/23) 2023623606 2024-05-14 1 KIRSTEN POOLE XXX-XX-XXXX 1 KRISTIN A JACQUELIN CPA P01325865 2023319880 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIRSTEN POOLE 3515 WISCONSIN AVENUE NW WASHINGTON DC 20016 14813967 0 X WWW.WASHINGTONBALLET.ORG X 1966 DC BALLET COMPANY, SCHOOL OF BALLET AND COMMUNITY ENRICHMENT 39 39 165 39 0 0 11267402 4830836 6985988 8496827 1005 63273 140525 812643 18394920 14203579 378079 376913 0 0 5887287 6686770 0 0 2852829 7554470 8884751 13819836 15948434 4575084 -1744855 10311338 10504198 2615930 4554340 7695408 5949858 X SEE SCHEDULE OTHE MISSION OF THE WASHINGTON BALLET IS: TO BRING THE JOY AND ARTISTRY OF DANCE TO THE NATION'S CAPITAL AND THE WORLD'S STAGE THROUGH THE PROFESSIONAL PRESENTATION OF THE BEST IN CLASSIC AND CONTEMPORARY BALLET TO PROVIDE THE HIGHEST CALIBER OF DANCE TRAINING THROUGH A PREEMINENT SCHOOL OF BALLET TO SERVE AND INVOLVE THE ENTIRE COMMUNITY THROUGH EXTENSIVE DANCE EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS 0 0 7935851 6121042 BALLET COMPANY PERFORMANCES - THE BALLET COMPANY PERFORMS FOR THE PUBLIC IN VARIOUS VENUES. THERE ARE COMMUNITY OUTREACH SCHOOL PERFORMANCES AND ENHANCEMENT OF THE ARTISTIC ENVIRONMENT. 3024907 376913 3411277 BALLET SCHOOL - PROVIDES DANCE INSTRUCTION AND EDUCATION TO APPROXIMATELY 750 STUDENTS FROM BEGINNERS TO ADULTS. OUTREACH TO OTHER LOCAL SCHOOLS. 10960758 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 121 0 1 165 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X KIRSTEN POOLE 2023490264 3515 WISCONSIN AVENUE WASHINGTON DC 20016 LUANNE ADAMS VICE CHAIR 5.00 X X 0 0 0 BRITT BILES BOARD MEMBER 1.00 X X 0 0 0 JAMIE BOUCHER BOARD MEMBER 1.00 X X 0 0 0 JANE ROSENTHAL CAFRITZ BOARD MEMBER 1.00 X X 0 0 0 EVONNE CONNOLLY BOARD MEMBER 1.00 X X 0 0 0 CHARLES DESANTIS BOARD MEMBER 1.00 X 0 0 0 DAVID DESANTIS BOARD MEMBER 1.00 X 0 0 0 ERIN DROUIN BOARD MEMBER 1.00 X 0 0 0 JEAN-MARIE FERNANDEZ CHAIR 5.00 X 0 0 0 EMILIA FERRARA BOARD MEMBER 1.00 X 0 0 0 LAURI FITZ-PEGADO BOARD MEMBER 1.00 X 0 0 0 JIM GALE BOARD MEMBER 1.00 X 0 0 0 MICHAEL GOLDSTEIN VICE CHAIR 5.00 X 0 0 0 RYAN HAYES BOARD MEMBER 1.00 X 0 0 0 MAUREEN HINMAN BOARD MEMBER 1.00 X 0 0 0 ASHLEY HOLBROOK BOARD MEMBER 1.00 X 0 0 0 HEATHER HUGHES BOARD MEMBER 1.00 X 0 0 0 ELIZABETH KEELEY BOARD MEMBER 1.00 X 0 0 0 DIANNE KEPPLER BOARD MEMBER 1.00 X 0 0 0 JANICE KIM BOARD MEMBER 1.00 X 0 0 0 SARA LANGE BOARD MEMBER 1.00 X 0 0 0 ERIC LARSEN BOARD MEMBER 1.00 X 0 0 0 HANANE LEMLIH BOARD MEMBER 1.00 X 0 0 0 EVE LILLEY BOARD MEMBER 1.00 X 0 0 0 TIMOTHY LOWERY BOARD MEMBER 1.00 X 0 0 0 JOAN MCCARTHY SECRETARY 5.00 X 0 0 0 DOROTHY MCSWEENY BOARD MEMBER 1.00 X 0 0 0 MICHELLE MONTES BOARD MEMBER 1.00 X 0 0 0 MICHAEL OLDING BOARD MEMBER 1.00 X 0 0 0 CARMEN PERKINS BOARD MEMBER 1.00 X 0 0 0 BARBARA ROTHKOPF BOARD MEMBER 1.00 X 0 0 0 MARTHA SCHWIETERS BOARD MEMBER 1.00 X 0 0 0 YOLANDA SCOTT BOARD MEMBER 1.00 X 0 0 0 MARY SLIMP BOARD MEMBER 1.00 X 0 0 0 JENNIFER TULUMELLO BOARD MEMBER 1.00 X 0 0 0 DAVID VOSVICK BOARD MEMBER 1.00 X 0 0 0 DENA WIGGINS BOARD MEMBER 1.00 X 0 0 0 PATRICIA WU BOARD MEMBER 1.00 X 0 0 0 LOWELL YODER TREASURER 5.00 X 0 0 0 KENT-BARBEE JULIE ARTISTIC DIRECTOR TILL 6/23 40.00 X 268146 0 6764 LYNN G QUINN CHIEF FINANCE OFFICER TILL 3/23 40.00 X 184166 0 6745 KAREN E SHEPHERD DIR. OF GOV'T AFFAIRS/INTERIM MANAGING DIRECTOR 40.00 X 130000 0 343 PATRICK M MUHLEN-SCHULTE MANAGING DIRECTOR TILL 2/23 40.00 X 238527 0 6726 BARBEE JOSEPH VICTOR ASSOCIATE ARTISTIC DIRECTOR TILL 6/23 40.00 X 153750 0 506 XIOMARA D REYES PROFESSIONAL TRAINING DIVISION HEAD 40.00 X 104546 0 6652 1079135 0 27736 6 0 1 0 CAPACITY INTERACTIVE CONSULTING LLC 82 NASSAU ST PMB 60283 NEW YORK NY 10001 MARKETING SERVICES 335600 YOUR PART-TIME CONTROLLER 1500 WALNUT ST SUITE 1200 PHILADELPHIA PA 191023507 ACCOUNTING SERVICES 328894 DAVE & WALTS CONSTRUCTION LLC 3003 HEWITT AVENUE 385 ASPEN HILL MD 20906 CONTRACTING SERVICES 230965 3 1282972 696027 2851837 344360 4830836 TICKET SALES & PERFORMANCES 900099 5085550 5085550 TUITION & HOUSING 900099 3411277 3411277 8496827 63273 63273 79666 0 79666 79666 79666 204440 1282972 506955 -302515 -302515 167961 103433 64528 64528 MISCELLANEOUS 900099 970964 970964 970964 14203579 9532319 0 -159576 376913 376913 1101499 628828 351365 121306 4660336 3671142 421197 567997 52680 39666 7261 5753 361135 274668 45865 40602 511120 384854 70451 55815 352023 352023 611 611 607201 55990 281732 269479 642872 67264 575608 499399 263658 183322 52419 238467 13919 157554 66994 828376 783623 23491 21262 72816 49189 3850 19777 1272326 381723 123353 767250 455622 380840 38393 36389 211186 157369 28091 25726 PERFORMANCE EXPENSES 3146458 3146458 RENTAL, REPAIRS AND MAI 292718 217930 38904 35884 OTHER 145345 46758 7384 91203 BAD DEBT EXPENSE 119331 19966 99365 15948434 10960758 2134847 2852829 5716288 3524173 182977 700075 617017 59071 146968 291263 7282312 4501250 2954845 2781062 693243 1066372 0 2082182 10311338 10504198 1148573 909099 840274 984266 627083 2660975 2615930 4554340 X 7014685 5108129 680723 841729 7695408 5949858 10311338 10504198 -1744855 -695 0 X X 0 1 X 1 0 X 4245205 4900352 6788084 11267402 4829378 32030421 9221935 8260653 2399402 7047244 8561355 35490589 13467140 13161005 9187486 18314646 13390733 67521010 1343685 1423716 301062 947660 819257 4835380 0 1343685 1423716 301062 947660 819257 4835380 62685630 64627 58722 69291 78008 142939 413587 64627 58722 69291 78008 142939 413587 148256 224228 38779 411687 970964 1793914 13680023 13443955 9295556 18804341 14504636 69728511 0.89900 0.90410 0.00590 0.00580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 310000 8602 8602 310000 310000 310000 310000 3333 3333 310000 310000 3388 3388 310000 621423 11267 322690 310000 1.00000 0 0 712314 712314 3594868 2580176 1014692 1713360 1046093 667267 1164595 790676 373919 97175 84305 12870 2781062 RIGHT OF USE ASSETS - OPERATING LEASES 2082182 2082182 SECURITY DEPOSIT 24648 LEASE LIABILITIES 2636327 2660975 X 14998442 -695 289214 506955 795474 14202968 611 611 14203579 16743992 289214 506955 796169 15947823 611 611 15948434 PART V, LINE 4: THE BALLET'S ENDOWMENT CONSISTS OF SEVERAL INDIVDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS, FISCAL EMERGENCY AND RELATED ACTIVITIES. PART X, LINE 2: THE BALLET IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, THE BALLET IS SUBJECT TO INCOME TAX ON ITS UNRELATED BUSINESS INCOME. THE BALLET DID NOT HAVE ANY UNRELATED BUSINESS TAXABLE INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE BALLET RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO INCOME TAXES IN GENERAL AND ADMINISTRATIVE EXPENSES ON THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS AND ACCOUNTS PAYABLE ON THE STATEMENTS OF FINANCIAL POSITION. THERE IS NO PROVISION IN THESE FINANCIAL STATEMENTS FOR PENALTIES AND INTEREST RELATED TO INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. FOR TAX YEARS PRIOR TO 2019, THE BALLET IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) OR THE TAX JURISDICTION OF THE DISTRICT OF COLUMBIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 506,955. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 506,955. GALA (VIRTUAL) 1165884 1072444 93440 134636 123398 84098 NUTCRACKER TEA PARTY 302070 196470 105600 4111 124390 8387 7935 1 19458 14058 5400 20000 1487412 1282972 204440 4111 279026 131785 92033 506955 -302515 1 SCHOLARSHIPS 183 376913 COST PART I, LINE 2: THE DIRECTOR OF FINANCE AND SCHOOL MANAGER BUDGET SCHOLARSHIP AMOUNTS AT THE BEGINNING OF THE FISCAL YEAR AND TRACK SCHOLARSHIPS THROUGHOUT THE YEAR AS THEY ARE AWARDED. X X X 1 0 0 0 0 0 0 0 0 KENT-BARBEE JULIE ARTISTIC DIRECTOR TILL 6/23 268146 0 0 0 0 0 0 0 6764 0 274910 0 0 0 PATRICK M MUHLEN-SCHULTE MANAGING DIRECTOR TILL 2/23 238527 0 0 0 0 0 0 0 6726 0 245253 0 0 0 LYNN G QUINN CHIEF FINANCE OFFICER TILL 3/23 184166 0 0 0 0 0 0 0 6745 0 190911 0 0 0 BARBEE JOSEPH VICTOR ASSOCIATE ARTISTIC DIRECTOR TILL 6/2 153750 0 0 0 0 0 0 0 506 0 154256 0 0 0 X 12 344360 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE AND AUDIT COMMITTEE OF THE GOVERNING BODY WILL BE PROVIDED A COPY OF THE 990 BEFORE IT IS FILED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, EMPLOYEES, AND VOLUNTEERS ARE ASKED TO SIGN AN AGREEMENT TO THE CONFLICT OF INTEREST POLICY UPON COMMENCEMENT OF THEIR AFFILIATION WITH THE ORGANIZATION. ANY BREACH OF THE POLICY IS MONITORED BY HR, DEALT WITH ON THE EXECUTIVE LEVEL AND USUALLY RESULTS IN SEPARATION. FORM 990, PART VI, SECTION B, LINE 15 THE WASHINGTON BALLET'S EXECUTIVE COMMITTEE USES GUIDESTAR, THE NOT-FOR-PROFIT WEBSITE THAT MAKES OTHER SIMILAR NONPROFIT 990'S AVAILABLE TO THE PUBLIC, TO DETERMINE THE COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES. THE EXECUTIVE COMMITTEE THEN ENGAGES AN ARTS PROFESSIONAL HIRING FIRM WHICH PROVIDES INDUSTRY AVERAGES OF COMPENSATION BASED IN THE DISTRICT OF COLUMBIA. A REPORT OF THE FINDINGS IS THEN DISCUSSED AT THE EXECUTIVE BOARD LEVEL WHERE A DECISION IS REACHED. THIS PROCESS WAS LAST VISITED IN 2008. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.