2021-04-28T11:02:13-05:00 2020-06-30 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2019-07-01 510163294 BALLET LUBBOCK BALL 8067853090 1300 MAC DAVIS LANE NO 1 LUBBOCK TX 79401 NICHOLAS DRAGGA EXECUTIVE DIRECTOR 8067853090 2021-04-27 1 MATT R WILLIS P00419741 8067473806 2021-04-27 X 2019 2022-09-23 18:48:47Z X NICHOLAS DRAGGA 1300 MAC DAVIS LANE NO 1 LUBBOCK TX 79401 4854992 0 X WWW.BALLETLUBBOCK.ORG X 1969 TX THE MISSION OF BALLET LUBBOCK IS TO CHANGE LIVES. AS A PRE-PROFESSIONAL DANCE SCHOOL, WE ENHANCE OUR COMMUNITY THROUGH PREMIER DANCE TRAINING, PERFORMANCES, AND OUTREACH. 21 21 38 150 106655 0 604404 1091399 634528 632562 20110 45845 94456 63545 1353498 1833351 14987 7724 0 0 626273 615399 0 0 90559 436100 752678 1077360 1375801 276138 457550 3959124 4555220 88085 239861 3871039 4315359 THE MISSION OF BALLET LUBBOCK IS TO CHANGE LIVES. AS A PRE-PROFESSIONAL DANCE SCHOOL, WE ENHANCE OUR COMMUNITY THROUGH PREMIER DANCE TRAINING, PERFORMANCES, AND OUTREACH. 0 0 1157032 7724 567922 HIGH CALIBER AND ENGAGING CLASSICAL BALLET INSTRUCTION TO MEMBERS OF THE COMMUNITY AT ACCESSIBLE TUITION RATES WITH SCHOLARSHIP AND TUITION SUPPORT.INSPIRING, IMAGINATIVE, AND ENAGING PERFOMANCE OF BALLET AT AFFORDABLE AND FREE ADMISSION RATES IN ORDER TO ENGAGE ALL POCKETS OF OUR SOCIETY. 1157032 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 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 72 0 38 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X NICHOLAS DRAGGA 8067853090 1300 MAC DAVIS LANE NO 1 LUBBOCK TX 79401 NICHOLAS DRAGGA EXECUTIVE DIRECTOR 50.00 X 121611 0 0 KATHLEEN BURRELL PRESIDENT 1.00 X X 0 0 0 SOMER JAYNES VICE PRESIDENT 4.00 X X 0 0 0 JOHN SALTER TREASURER 1.00 X X 0 0 0 DIANE ST CLAIR SECRETATRY 1.00 X X 0 0 0 NATHANIEL WRIGHT PRESIDENT ELECT 1.00 X 0 0 0 HELEN LIGGETT DIRECTOR 1.00 X 0 0 0 HALEY BROOKS DIRECTOR 1.00 X 0 0 0 STEPHEN FAULK DIRECTOR 1.00 X 0 0 0 RYAN HENRY DIRECTOR 1.00 X 0 0 0 SHYRLE HILL DIRECTOR 1.00 X 0 0 0 WYATT LEAVELL DIRECTOR 0.50 X 0 0 0 SCOTT SHARP DIRECTOR 1.00 X 0 0 0 SARAH SKELTON DIRECTOR 1.00 X 0 0 0 LAUREN SULLIVAN DIRECTOR 1.00 X 0 0 0 HOLLY RUSSELL DIRECTOR 1.00 X 0 0 0 ROBERT KOLLMAN DIRECTOR 0.25 X 0 0 0 DEBBIE LITTLEJOHN DIRECTOR 1.00 X 0 0 0 KELLI MEDINA DIRECTOR 1.00 X 0 0 0 SHANNON MILLER DIRECTOR 1.00 X 0 0 0 MARGARET RANDLE DIRECTOR 1.00 X 0 0 0 KIRSTEN ROBINSON DIRECTOR 1.00 X 0 0 0 121611 0 0 1 0 0 0 0 132112 959287 1091399 PERFORMANCE INCOME 711120 337782 337782 TUITION INCOME 711120 230140 230140 PROGRAM ADVERTISING 541800 64640 64640 632562 12226 12226 763 0 763 763 763 1454939 1421320 33619 33619 33619 70713 132112 64480 6233 6233 1581990 1530132 51858 42015 9843 10400 5709 4691 4691 1833351 567922 106655 67375 7724 7724 121611 98505 8513 14593 439828 356580 30764 52484 9787 8319 783 685 44173 36222 3092 4859 27879 27879 2820 2820 17693 17693 41531 41531 9687 3894 3856 1937 7008 2102 3504 1402 37056 28643 6560 1853 5424 2712 2712 17142 14571 1714 857 14210 12079 1421 710 NUTCRACKER PERFORMANCE 521195 521195 ALL OTHER EXPENSES 26017 6648 10678 8691 OUTREACH EXPENSES 12442 3733 6221 2488 SPRING PERFORMANCE 7917 7917 4657 4657 1375801 1157032 128210 90559 469817 684244 492360 520823 322770 177981 29338 298006 11903 16493 9800 8879 754382 356409 415116 397973 2208020 2450821 3959124 4555220 76296 50318 11789 82543 0 107000 88085 239861 X 3476859 3993977 394180 321382 3871039 4315359 3959124 4555220 457550 -13230 0 X X 0 1 X 1 0 X 569439 731430 801926 604404 1091399 3798598 723957 798541 601173 634528 578322 3336521 867391 141801 580399 519279 531937 2640807 2160787 1671772 1983498 1758211 2201658 9775926 0 0 0 9775926 2266 10696 18622 16740 12989 61313 2266 10696 18622 16740 12989 61313 2011 2011 2163053 1682468 2004131 1774951 2214647 9839250 0.99360 0.99510 0.00620 0.00470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 188919 10320 199239 159957 16345 12617 188919 152520 7437 159957 166159 -13639 152520 0.97470 0.02530 0 0 79061 79061 595569 279157 316412 79752 77252 2500 397973 EXPRESS II UNIT ACCOUNTING TRUST 50000 BUDDY HOLLEY PERFORMANCE HALL 2400821 2450821 PAYCHECK PROTECTION PROGRAM LOAN 107000 107000 X 1904605 -13230 17116 70188 74074 1830531 2820 2820 1833351 1460285 17116 70188 87304 1372981 2820 2820 1375801 PART V, LINE 4: THE MAJORITY OF THE ENDOWMENT FUNDS ARE BOARD DESIGNATED AND CAN BE USED TO SUPPORT THE MISSIONS OF BALLET LUBBOCK, INC. PART X, LINE 2: BALLET LUBBOCK HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE ORGANIZATION IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE ORGANIZATION DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), OR OTHER STATE TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2017. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED DURING THE YEAR ENDED JUNE 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: ENCORE FUNDRAISER EXPENSES REPORTED ON PART VIII LINE 8B 64,480. COGS REPORTED ON PART VIII LINE 10B 5,709. PART XII, LINE 2D - OTHER ADJUSTMENTS: ENCORE FUNDRAISER EXPENSES REPORTED ON PART VIII LINE 8B 64,480. COGS REPORTED ON PART VIII LINE 10B 5,709. ENCORE GALA 202825 132112 70713 21073 7215 17316 7144 11732 202825 132112 70713 21073 7215 17316 7144 11732 64480 6233 461224 388583 29296 33502 0 1120766 808492 125940 144319 0 1581990 1197075 155236 177821 1530132 51858 TX 1 0 1 1 1.00000 DONNA PIERCE 3601 N LOOP 289 LUBBOCK TX 79415 0 TINA ROGERS MANAGE GAMES, HIRE PERSONNEL, OCC REPORT X 1 51856 0 SUMMER SCHOLARSHIPS 15 7724 FAIR MARKET VALUE BALLET LESSONS PART 1. LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE ORGANIZATION HAS SCHOLARSHIP GUIDELINES THAT ARE FOLLOWED TO DETERMINE AWARD/GRANT AMOUNTS AND RECIPIENT. A BALLET LUBBOCK BOARD OF DIRECTORS COMMITTEE, COMPRISED ENTIRELY OF NON-PARENTS, DETERMINES SCHOOL TUITION SCHOLARSHIP AWARDS. ALL APPLICANTS DEMONSTRATE EITHER FINANCIAL NEED AND/OR ARTISTIC MERIT. THE SCHOLARSHIP APPLICATION CAN BE FOUND ON OUR WEBSITE AT WWW.BALLETLUBBOCK.ORG/SCHOLARSHIPS. BALLET LUBBOCK WILL AWARD SCHOLARSHIPS TO ALL LEVELS SINCE STUDENTS OF ALL AGES MAY NEED AND DESERVE ASSISTANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PRESENTED TO THE BOARD FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE BOARD PRESIDENT AND VICE PRESIDENT OF NOMINATIONS LEAD INDIVIDUAL ORIENTATIONS WITH EACH BOARD MEMBER, COVERING BOTH, A BOARD AGREEMENT FORM AND THE CONFLICT OF INTEREST POLICY. THIS YEARLY PROCESS IS MEANT TO ENSURE THAT EACH BOARD MEMBER HAS AN EXPLICIT UNDERSTANDING OF THE EXPECTATIONS AND OBLIGATIONS THEY ASSUME AS BOARD MEMBERS, AND TO FULLY DISCLOSE ANY POTENTIAL CONFLICTS THEY MAY HAVE. ALL MEMBERS OF THE BALLET LUBBOCK BOARD, WHETHER THEY ARE NEW OR CONTINUING WITH THE TERM, MUST PARTICIPATE IN AN INDIVIDUAL ORIENTATION AT WHICH THE CONFLICT OF INTEREST POLICY IS COVERED AND SIGNED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE USES FORM 990 OF OTHER SIMILARLY SITUATED ORGANIZATIONS, AND A COMPENSATION SURVEY. THE REVIEW PROCESS RESULTS IN A PERFORMANCE SCORE TIED TO COMPENSATION INCREASE SURROUNDING COST OF LIVING INCREASE. COMPENSATION RECOMMENDATIONS ARE THEN PRESENTED TO THE FULL BOARD FOR APPROVAL BY THE EXECUTIVE COMMITTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE A COMPLETE COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS TO ANYONE WHO REQUESTS A COPY OF ANY SUCH DOCUMENT. ALL REQUESTS SHOULD BE MADE AT THE ORGANIZATION'S OFFICES IN LUBBOCK, TX. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS OF THE BOARD TO AN AUDIT COMMITTEE. THE COMMITTEE IS RESPONSIBLE FOR SELECTING AND OVERSEEING THE INDEPENDENT CPA FIRM TO PERFORM THE ANNUAL AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.