2022-04-14T11:29:52-07:00 2021-05-31 135565207 KPMG LLP 301 Main Street Suite 2150 Baton Rouge LA 70801 990 2020-06-01 742129272 HOUSTON BALLET GUILD INC HOUS 7135236300 601 Preston St Houston TX 77002 Jennifer Kushner President 6103165502 2022-04-14 1 Maxwell Barlow P01959439 2253797995 2022-04-14 0 11 1 AAL2 X 2020 2022-09-23 18:48:47Z Jennifer Kushner 601 Preston St Houston TX 77002 1356250 0 X www.houstonballet.org X 1974 TX Fundraising activities and programs to aid in financial support of Houston Ballet Foundation and to educate and generate interest in dance. 4 4 0 266 0 0 1647954 272458 0 30070 570 3810592 759890 5488616 1032918 5482929 1033547 0 0 0 0 7887 9871 5490816 1043418 -2200 -10500 21572 11072 0 0 21572 11072 Fundraising activities and programs to aid in financial support of Houston Ballet Foundation and to educate and generate interest in dance. 0 0 1033547 1033547 0 Fundraising activities and programs to aid in financial support of Houston Ballet Foundation and to educate and generate interest in dance. 0 0 0 1033547 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 4 4 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Kristi Roberts 7135236300 601 Preston St Houston TX 77002 Patsy Chapman Directory; HBII Birthday Celebrations 0.25 35 X 0 196618 17271 Cecil C Conner Bravo Events 0.25 0 X 0 30092 0 Shawn S Stephens Chairman of the Board of Houston Ballet Fdn 0.1 2.5 X 0 0 0 Leigh M Smith President of the Board of Houston Ballet Fdn 0.1 4 X 0 0 0 Susan Binney President 0.5 0.1 X X 0 0 0 Gay Currie Treasurer 0.5 0.1 X X 0 0 0 Ann Bean Vice President, Membership; HB Academy/ECE Support 0.5 0.1 X X 0 0 0 Traci Bocock Corresponding Secretary 0.5 X X 0 0 0 Renee Humphrey Parlimentarian; Communication/Social Media 0.5 X X 0 0 0 Megan Kessler Recording Secretary 0.5 X X 0 0 0 Jennifer Kushner President-Elect 0.5 X X 0 0 0 Katrina Arnim Special Advisors; Spring Coffee 0.25 X 0 0 0 Dede Aronack Loughran Membership Renewal 0.25 X 0 0 0 Philamena Baird Special Advisors 0.25 X 0 0 0 Janis Bell Host Committee 0.25 X 0 0 0 Katherine Bodron HB Theater District Open House 0.25 X 0 0 0 Carol Brant Guild Trip 0.25 X 0 0 0 Marcie Bristol Needles En Pointe/HB Wortham Boutique Workshops 0.25 X 0 0 0 Cynthia Brown HB Student Matinees 0.25 X 0 0 0 Tua Burke Social Events Committee 0.25 X 0 0 0 Wendy Wilkins Burks Fall Kickoff; Social Events 0.25 X 0 0 0 Cecilia Campbell Tutu Times 0.25 X 0 0 0 Ben Carmona HB Academy/ECE Support 0.25 X 0 0 0 Jeannie Chandler Bravo Events 0.25 X 0 0 0 Cynthia Christ Guild Trip 0.25 X 0 0 0 Brenda Clem Social Events Committee 0.25 X 0 0 0 Richard Clem Social Events Committee 0.25 X 0 0 0 Causey Coffield Needles En Pointe 0.25 X 0 0 0 Janet Colletto Communication/Social Media 0.25 X 0 0 0 Leslie Culhane HB Academy/ECE Support 0.25 0.1 X 0 0 0 Jan DeCoux Host Committee 0.25 X 0 0 0 Joan Dunlap Social Events Committee 0.25 X 0 0 0 Sharon Erskine Special Advisors 0.25 0.1 X 0 0 0 Dottie Erwin Legendre Social Events Committee 0.25 X 0 0 0 Jackie Eubank Fall Kickoff; Social Events Committee 0.25 X 0 0 0 Abimbola Farinde Host Committee 0.25 X 0 0 0 Cheryl Gallagher Social Events Committee 0.25 X 0 0 0 Mignon Gill Nutcracker Market Chairman 5 0.1 X 0 0 0 Elise Glattier Hollingsworth Social Events Committee 0.25 X 0 0 0 Gaylon Gullquist Fall Kickoff; Social Events Committee 0.25 X 0 0 0 Beverly Hicks Host Committee 0.25 X 0 0 0 Carol Howes HBII Birthday Celebrations 0.25 X 0 0 0 Susan Inger HB Wortham Boutique Sales 0.25 X 0 0 0 Michelle Jeffery Social Events Committee 0.25 0.1 X 0 0 0 Nikki Jenkins Membership Renewal 0.25 X 0 0 0 Laurie Johnson Bravo Events 0.25 X 0 0 0 Linda Johnston Directory 0.25 X 0 0 0 Martha Jones HB Wortham Boutique Sales 0.25 X 0 0 0 Ingrid Kessler HBII Birthday Celebrations 0.25 X 0 0 0 Catherine Kinsey HB Student Matinees 0.25 X 0 0 0 Evelyn Leightman Special Advisors 0.25 X 0 0 0 Denise Malone Social Events Committee 0.25 X 0 0 0 Jean May HB Student Matinees 0.25 0.1 X 0 0 0 Diane McDaniel HB Theater District Open House 0.25 X 0 0 0 Sally Miller Host Committee 0.25 X 0 0 0 Eileen Murphy Membership Renewal 0.25 X 0 0 0 Mary Dee Neal Social Events Committee 0.25 X 0 0 0 Susan Osterberg Host Committee 0.25 X 0 0 0 Mary Alice Parmet Spring Coffee 0.25 X 0 0 0 Kari Parsons Social Events Committee 0.25 X 0 0 0 Kaylon Phillips New Member Events 0.25 X 0 0 0 Marilyn Ragsdale Host Committee 0.25 X 0 0 0 Kathryn Riddles Membership Recruitment 0.25 X 0 0 0 Sharon Roark Houston Ballet Docents 0.25 X 0 0 0 Casey Rowe New Member Events/Nutcracker Market Chairman-Elect 0.25 X 0 0 0 Liz Schlotzhauer Social Events Committee 0.25 X 0 0 0 Michelle Seymour Houston Ballet Docents 0.25 X 0 0 0 Krista Shamaly Host Committee 0.25 X 0 0 0 Rhonda Smith Social Events Committee 0.25 X 0 0 0 Christine Sofka Houston Ballet Docents 0.25 X 0 0 0 Pam Staples Host Committee 0.25 X 0 0 0 Sandra Stettler Host Committee 0.25 X 0 0 0 Jana Stiffel HB Theater District Open House 0.25 X 0 0 0 Helen L Toombs HB Wortham Boutique Workshops 0.25 X 0 0 0 Phyllis Ullman Host Committee 0.25 X 0 0 0 Carol Vartian HB Academy/ECE Support 0.25 X 0 0 0 Elba Villarreal Membership Recruitment 0.25 X 0 0 0 Tracey Williford Host Committee 0.25 X 0 0 0 Devyn Wolens HB Student Matinees 0.25 X 0 0 0 0 226710 17271 0 0 1 0 0 0 22775 249683 0 0 0 674 272458 0 570 0 0 570 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1083222 249683 323332 759890 0 759890 0 1032918 0 0 760460 1033547 1033547 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2000 0 2000 0 Miscellaneous 6645 0 6645 0 Credit Card Fees 776 0 776 0 Printing & Publications 450 0 450 0 1043418 1033547 9871 0 21572 11072 21572 11072 0 0 0 X 0 0 0 0 21572 11072 21572 11072 21572 11072 -10500 0 0 0 0 0 X X 0 1 X 0 0 X X 1 Houston Ballet Foundation 741394920 7 1 1033547 0 1 1033547 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A, Part IV, Section C, Line 1 The Governing Board of the Houston Ballet Guild, Inc. consists of the Chairman of the Board of the Houston Ballet Foundation, the President of the Houston Ballet Foundation, and the Treasurer of the Houston Ballet Guild, Inc. The Board of the Houston Ballet Foundation delegates its authority to act on its behalf to the Executive Committee of the Houston Ballet Foundation. By virtue of the fact that three members of the Governing Board of the Houston Ballet Guild, Inc. serve on the Executive Committee of Houston Ballet Foundation, control or management of the supporting organization (Houston Ballet Guild, Inc.) is vested in the same persons that control or manage the supported organization (Houston Ballet Foundation). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 1356250 0 0 0 323332 323332 1032918 0 0 0 1032918 1366750 0 0 0 323332 323332 1043418 0 0 0 1043418 Schedule D, Part X, Line 2 Footnote from the Combined Financial Statements of Houston Ballet Foundation and Houston Ballet Guild, Inc. Houston Ballet Foundation and Houston Ballet Guild, Inc. are both nonprofit organizations which have been recognized as tax-exempt pursuant to Section 501(c)(3) of the Internal Revenue Code and neither are private foundations. Accordingly, no provision for federal income taxes is included in the accompanying financial statements. The Foundation follows current guidance in accounting for uncertainty in income taxes. This guidance clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the financial statements and applies to all income tax positions. Each income tax position is assessed using a two-step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. The Foundation has no uncertain tax positions as of June 30, 2021. The income tax position taken by the Foundation, for any years open under the various statues of limitations, is that the Foundation continues to be exempt from income taxes by virtue of being a nonprofit organization. Management believes this tax position meets the more-likely-than-not threshold and, accordingly, the tax benefit of this income tax position (no income tax liability) has been recognized for the years ended on or before June 30, 2021. The Foundation will record income tax related interest and penalties, if applicable, as a component of the provision for income tax expense. However, there were no amounts recognized relating to interest and penalties in the statement of activities for the year ended June 30, 2021. The Foundation's federal exempt organization business tax returns (Form 990) for 2018 and later are subject to examination by the Internal Revenue Service. Schedule D, Part XI, Line 2d Fundraising expense - $323,332 Schedule D, Part XII, Line 2d Fundraising expense - $323,332 Spring Market 834330 21271 813059 0 0 45267 0 0 215745 Nutcracker Market 498575 228412 270163 0 0 0 0 0 62320 0 1332905 249683 1083222 0 0 45267 0 0 278065 323332 759890 1 Houston Ballet Foundation 601 Preston Street Houston TX 77002 741394920 501(c)(3) 1033547 0 General support for programs and operations 1 0 Schedule I, Part I, Line 2 The Houston Ballet Guild, Inc. is updated at least annually on the use of funds granted to Houston Ballet Foundation. 0 0 0 0 0 0 0 0 0 Patsy Chapman Directory; HBII Birthday Celebrations 0 177118 0 0 0 19500 0 4753 0 12518 0 213889 0 0 Form 990, Part IV, Line 12b The Houston Ballet Guild, Inc.'s financial statements are audited as part of a combined annual audit with the Houston Ballet Foundation. As a result, the Houston Ballet Foundation has an Audit Committee that assumes the responsibility for oversight of the audit of the financial statements and selection of an independent accountant. Form 990, Part VI, Section A, Line 1a The Governing Board delegates its authority to act to the Executive Committee, which has broad authority to act on behalf of the Governing Board. The Executive Committee consists of seven officers (President, President-Elect, Vice President for Membership, Treasurer, Recording Secretary, Corresponding Secretary and Parlimentarian) of which only the President and Treasurer are members of the Governing Board. Form 990, Part VI, Section A, Line 2 Part VI, Section A, Line 2: The following Houston Ballet Guild, Inc. Trustees or Officers have a relationship with another Trustee or Officer of the Houston Ballet Guild, Inc.: Megan Kessler/Tracey Williford-Family Relationship, Casey Rowe/Kaylon Phillips-Family Relationship, Brenda Clem/Richard Clem-Family Relationship. Form 990, Part VI, Section A, Line 6 The Houston Ballet Guild, Inc. is an organization with members. Form 990, Part VI, Section A, Line 7a The members are entitled to vote on matters submitted to a vote of the general membership, such as the election of the Executive Committee, two of whom (President and Treasurer) sit on the Governing Board. Form 990, Part VI, Section B, Line 11b The Governing Board and the Executive Committee were provided electronic copies of the prepared Form 990 prior to its filing. The Executive Committee reviewed the prepared Form 990 during a monthly meeting. Form 990, Part VI, Section B, Line 12c The Governing Board, Executive Committee and Committee Chairman are required to complete a disclosure statement annually. The disclosure obligation is continuing and the Governing Board, Executive Committee and Committee Chairman are required to update their respective disclosure if a conflict or the appearance of a conflict arises prior to the next reporting period. Disclosures (and subsequent disclosures) are reviewed and if potential conflicts are present, the interested party shall leave the Board or Committee meeting while a determination of the conflict of interest is discussed and voted upon. Form 990, Part VI, Section B, Line 15 No compensation is made to any officer, director, trustee or key employee, so no process for determining compensation for those persons is necessary. Form 990, Part VI, Section C, Line 19 All governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part XII, Line 2b The Houston Ballet Guild, Inc.'s financial statements are audited as part of a combined annual audit with the Houston Ballet Foundation. As a result, the Houston Ballet Foundation has an Audit Committee that assumes the responsibility for oversight of the audit of the financial statements and selection of an independent accountant. Houston Ballet Foundation 601 Preston Street Houston TX 77002 741394920 Ballet Company & Academy TX 501(c)(3) 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 Schedule R, Part V, Line 2 Houston Ballet Guild, Inc. and Houston Ballet Foundation are 501(c)(3) entities. The Houston Ballet Foundation does not control and is not controlled by Houston Ballet Guild, Inc. Grants between affiliates need no explanation on line 2.