2020-07-15T18:07:07-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2018-07-01 201819852 LOS ANGELES BALLET INC LOSA 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 THORDAL CHRISTENSEN PRESIDENT 3104888890 2020-07-15 1 KAREN LO P02127582 6267933600 2020-07-15 67.137.57.251 2020-07-15 12:10:39 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 80266BCFA5E1B3E3CFD616D959E2F840DD671D9F 2018 2020-09-23 17:36:50Z JULIE WHITTAKER 11755 EXPOSITION BLVD LOS ANGELES CA 90064 3908331 0 X WWW.LOSANGELESBALLET.ORG X 2004 CA TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCE IN LOS ANGELES. 15 11 52 12 0 0 1365642 1913153 1658558 1560817 0 0 286643 158970 3310843 3632940 0 0 0 0 1262996 1447633 0 0 437202 2215307 1927685 3478303 3375318 -167460 257622 152375 185616 946319 721938 -793944 -536322 X TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCE IN LOS ANGELES, NATIONALLY AND INTERNATIONALLY.TO PASSIONATELY PURSUE INNOVATION AND CREATIVITY IN PERFORMANCES. TO PRESERVE THE BEST CHOREOGRAPHIC WORK OF THE PAST AND BECOME THE IMPETUS FOR THE BEST CHOREOGRAPHY YET TO COME.TO BE AN EXCITING ARTS ORGANIZATION AND THE "PLACE TO BE" FOR THE MOST TALENTED DANCERS, CHOREOGRAPHERS, MUSICIANS, COMPOSERS, ARTISTS, DESIGNERS, STAFF AND VOLUNTEERS.TO BE AN INSTRUMENT OF HOPE, HEALING AND JOY, SHARING THE GIFT OF DANCE WITH THE BROADEST POSSIBLE AUDIENCE AND IN PARTICULAR, DISTRESSED COMMUNITIES.TO DEVELOP AND STRENGTHEN LOS ANGELES BALLET'S FINANCIAL AND ORGANIZATIONAL FOUNDATION.TO CAPTIVATE LOS ANGELES' LARGE AND DIVERSE AUDIENCE WHO WILL BECOME DEVOTED, SUPPORTIVE PATRONS. 0 0 2681063 1560817 AT THE CLOSE OF LOS ANGELES BALLET'S 13TH SEASON, 2018/2019, LAB WILLPRODUCTIONS OF THE NUTCRACKER, GISELLE, BLACK AND WHITE BALANCHINE PRODUCTIONS AND THE SLEEPING BEAUTY (CANCELLED DUE TO COVID-19 AND RESCHEDULED FOR SEASON 15), AND 16 COMMISSIONED WORKS BY SOUTHERN CALIFORNIA AND INTERNATIONAL CHOREOGRAPHERS. LOS ANGELES BALLET PERFORMS FOR OVER 30,000 PATRONS EACH YEAR AND ITS POWER OF PERFORMANCE (POP!) ARTSEDUCATION OUTREACH PROGRAM HAS SERVED 50,000 SINCE ITS INCEPTION. 2681063 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 20 0 52 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 11 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X JULIE WHITTAKER 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 THORDAL CHRISTENSEN ARTISTIC DIRECTOR/BOARD CHAIRMAN 45.00 X X 61450 0 11864 COLLEEN NEARY ARTISTIC DIRECTOR/TREASURER 60.00 X X 61450 0 9860 JULIE WHITTAKER EXECUTIVE DIRECTOR/SECRETARY 70.00 X X 61450 0 0 CATHERINE KANNER DESIGN DIRECTOR/BOARD MEMBER 40.00 X 53685 0 0 ROBERTA K DAHL BOARD MEMBER 8.00 X 0 0 0 JENNIFER BELLAH MAGUIRE BOARD MEMBER 3.00 X 0 0 0 VICKI NEUMAN BOARD MEMBER 1.00 X 0 0 0 LORI MILKEN BOARD MEMBER 2.00 X 0 0 0 BARI MILKEN BERNSTEIN BOARD MEMBER 2.00 X 0 0 0 JOHNESE SPISSO BOARD MEMBER 1.00 X 0 0 0 GHADA IRANI BOARD MEMBER 1.00 X 0 0 0 TAMAR MANOUKIAN BOARD MEMBER 1.00 X 0 0 0 DR JAMES MURRAY BOARD MEMBER 1.00 X 0 0 0 MARYANN GOLD BOARD MEMBER - RESIGNED IN NOVEMBER 2018 1.00 X 0 0 0 DEBBIE LUSTIG BOARD MEMBER 1.00 X 0 0 0 LESLIE KAVANAUGH BOARD MEMBER 2.00 X 0 0 0 238035 0 21724 0 0 0 0 0 876564 1036589 296544 1913153 PERFORMANCE REVENUE 711120 1560817 1560817 1560817 100180 0 100180 100180 100180 334181 876564 275391 58790 58790 3632940 1560817 0 158970 228804 158084 37440 33280 957012 681008 46933 229071 134590 97295 9039 28256 127227 94842 8035 24350 300 300 595 595 29767 29767 196738 188214 8524 26013 8749 8632 8632 49003 36972 4472 7559 206442 68814 68814 68814 4852 4852 29277 29277 31348 27654 1847 1847 82597 58793 11902 11902 PRODUCTION AND THEATER 1018283 1018283 MUSIC & ORCHESTRA 119743 119743 GUEST ARTISTS, DANCERS 84422 84422 CC SERVICE CHARGES 44451 33338 11113 3854 3854 3375318 2681063 257053 437202 51847 52849 57 74 2703 2814 443298 340986 83285 102312 14483 27567 152375 185616 405144 236174 99345 934 124910 84830 316920 400000 946319 721938 X -842138 -598496 48194 62174 -793944 -536322 152375 185616 257622 0 X X 0 1 X 1 0 X 1625309 1725472 1587770 1365642 1913153 8217346 1625309 1725472 1587770 1365642 1913153 8217346 1697036 6520310 97292 97825 99345 100927 100180 495569 8712915 8132390 0.74840 0.71580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36764 21708 15056 316459 263715 52744 90075 55563 34512 102312 RENT DEPOSIT 4500 PREPAIDS - ROYCE DEPOSIT 23067 27567 X 3943672 310732 310732 3632940 0 3632940 3686050 310732 310732 3375318 0 3375318 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. GALA-DINNER 892071 725275 166796 40030 77007 70289 NUT TEA 318674 151289 167385 540 34939 1444 51143 1210745 876564 334181 40570 111946 1444 121432 275392 58789 LOS ANGELES BALLET SCHOOL BOARD MEMBERS OF THE ORGANIZATION JOINTLY OWN THE LOS ANGELES BALLET SCHOOL OPERATING CASH X 50000 84830 0 1 0 MILKEN FAMILY FOUNDATION BARI MILKEN BERNSTEIN IS A BOARD MEMBER OF THE ORGANIZATION AND FOUNDATION OPERATING CASH X 250000 250000 0 1 1 334830 LOS ANGELES BALLET SCHOOL LABS ARTISTIC AND EXECUTIVE DIRECTOR OWNS THE LOS ANGELES BALLET SCHOOL 74422 RENTAL SUBLEASE 0 X AUCTION ITEMS 43 296544 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF ITEM DONATED TO THE AUCTION. FORM 990, PART VI, SECTION A, LINE 1 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, CHAIRMAN OF THE BOARD AND CO-ARTISTIC DIRECTOR AND COLLEEN NEARY, SECRETARY OF THE BOARD AND CO-ARTISTIC DIRECTOR - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 8B 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: AN AUDIT COMMITTEE HAS BEEN FORMED AND THE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITOR.