2025-02-10T15:29:59-06:00 2024-07-31 236410283 ISDANER & COMPANY LLC ONE BALA PLAZA SUITE 502 BALA CYNWYD PA 19004 990 2023-08-01 231629970 THE PENNSYLVANIA BALLET ASSOCIATION DBA PHILADELPHIA BALLET PENN 2155517000 323 N BROAD STREET PHILADELPHIA PA 19107 SHELLY POWER EXECUTIVE DIRECTOR 2155517000 2025-02-05 1 0 EDWARD W DORAN CPA P00841330 6106684200 2025-02-05 2023 2025-03-06 01:10:19Z SHELLY POWER 323 N BROAD STREET PHILADELPHIA PA 19107 32508472 0 X WWW.PHILADELPHIABALLET.ORG X 1964 PA TO CULTIVATE AN ENDURING APPRECIATION FOR DANCE THROUGH WORLD CLASS PERFORMANCES 35 33 320 93 0 0 14585110 18761546 6658697 7022758 158184 301933 40350 130176 21442341 26216413 0 0 0 0 9627678 9991063 0 0 1631070 9481968 9341908 19109646 19332971 2332695 6883442 32436045 38097124 7885218 6583426 24550827 31513698 TO CULTIVATE AN ENDURING APPRECIATION FOR DANCE THROUGH WORLD-CLASS PERFORMANCES, TO INSPIRE THE NEXT GENERATION WITH EXCEPTIONAL EDUCATION AND PROFESSIONAL TRAINING, AND TO CONNECT WITH THE COMMUNITY THROUGH MEANINGFUL AND INCLUSIVE PROGRAMMING. 0 0 11569318 5355827 THE ORGANIZATION IS ONE OF THE LARGEST PERFORMING ARTS ORGANIZATIONS IN THE PHILADELPHIA REGION. DURING FISCAL YEAR 2024, IT EMPLOYED 47 DANCERS IN THE COMPANY AND PRESENTED 6 LIVE PRODUCTIONS, INCLUDING 'THE NUTCRACKER'. AN ADDITIONAL 10 DANCERS WERE EMPLOYED THROUGH THE BALLET'S SECOND COMPANY, PBII. PHILADELPHIA BALLET'S REPERTOIRE INCLUDES BOTH CLASSIC AND CONTEMPORARY WORKS WHICH WERE PERFORMED TO AN AUDIENCE OF MORE THAN 85,000 REPRESENTING MORE THAN 20,300 HOUSEHOLDS, A 43% INCREASE ON FISCAL YEAR 2023. IN ADDITION, THE COMPANY PARTICIPATED IN OTHER COMMUNITY EVENTS INCLUDING ORGAN DAY AT THE KIMMEL CENTER AND THE FIFTH ANNUAL SPRING FESTIVAL AT RED ROSE FARM. THE TOTAL NUMBER OF PERFORMANCES PRESENTED (INCLUSIVE OF PERFORMANCES OUTSIDE OUR PERFORMANCE HOME)IN FY24 WAS 60. 1332016 1655751 THE SCHOOL OF PHILADELPHIA BALLET PROVIDES THE HIGHEST LEVEL OF BALLET TRAINING FOR ITS STUDENTS AND EXPOSES STUDENTS TO THE WORLD OF PROFESSIONAL DANCE THROUGH REGULAR INTERACTION WITH COMPANY MEMBERS AND ARTISTIC STAFF AND PERFORMANCE OPPORTUNITIES WITH THE COMPANY. IN FY24 THE SCHOOL REACHED 545 STUDENTS, A 50% INCREASE ON FISCAL YEAR 2023. 298664 IN 1996, PHILADELPHIA BALLET LAUNCHED ITS AWARD-WINNING COMMUNITY EDUCATION AND PUBLIC PROGRAMS. IN FISCAL YEAR 2024, THESE PROGRAMS SERVED MORE THAN 15,000 PEOPLE ACROSS OUR REGION WITH A VARIETY OF ACTIVITIES, 90% OF WHICH ARE OFFERED FREE OF CHARGE. THROUGH SCHOOL BASED, IN-THEATER PROGRAMMING, PUBLIC ART INSTALLATION AND PERFORMANCE, PHILADELPHIA BALLET PROVIDES RICH ACCESS TO DANCE CREATING A CONNECTION TO THE ARTS. PHILADELPHIA BALLET'S COMMUNITY EDUCATION AND PUBLIC PROGRAMMING COLLABORATES WITH SCHOOLS AND ORGANIZATIONS ACROSS THE CITY, PROVIDING ACCESS TO DANCE FOR YOUNG PEOPLE AND ADULTS, CREATING A CONNECTION TO THE ARTS AS WELL AS DEVELOPING NEW SKILLS THROUGH A VARIETY OF OPPORTUNITIES. 13199998 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 125 0 1 320 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 35 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NJ X X JEREMIAH MARKS RADAR NONPROFIT SOLUTIONS 4842281098 2810 N CHURCH ST PMB 19231 WILMINGTON DE 198024447 DAVID HOFFMAN BOARD CHAIRMAN 2.00 X X 0 0 0 DEBORAH GILL HILZINGER VICE-CHAIR 2.00 X X 0 0 0 JONATHAN STAVIN VICE-CHAIR 2.00 X X 0 0 0 ANTHONY B HALLER ESQ VICE-PRESIDENT 2.00 X X 0 0 0 GEORGIANA W NOLL VICE-PRESIDENT 2.00 X X 0 0 0 MICHAEL C LILLYS TRUSTEE 2.00 X 0 0 0 KELLY LEE HONORARY TRUSTEE/EX OFFICI 2.00 X 0 0 0 TAMSIN FAST SECRETARY 2.00 X 0 0 0 ANGEL CORELLA ARTISTIC DIRECTOR 40.00 X X 317717 0 8772 ARTHUR M KAPLAN ESQ TRUSTEE 2.00 X 0 0 0 BILLIE BAILKIN TRUSTEE 2.00 X 0 0 0 CAROLYN C NEWSOM PHD TRUSTEE 2.00 X 0 0 0 CAROLYN HORN SEIDLE TRUSTEE 2.00 X 0 0 0 CATHERINE KLEIN ESQ TRUSTEE 2.00 X 0 0 0 CINDY BOLT TRUSTEE 2.00 X 0 0 0 EMILY KERNAN TRUSTEE 2.00 X 0 0 0 EVELYN WATKINS EBO TRUSTEE 2.00 X 0 0 0 GINA A MONTANA TRUSTEE 2.00 X 0 0 0 JENNIFER MALHERBE TRUSTEE 2.00 X 0 0 0 KRISTEN KUCHARCZUK MD PHD TRUSTEE 2.00 X 0 0 0 LIZ GILBERT TRUSTEE 2.00 X 0 0 0 LIZ HARRIS TRUSTEE 2.00 X 0 0 0 LLOYD FREEMAN ESQ TRUSTEE 2.00 X 0 0 0 MADELEINE P PLONSKER TRUSTEE 2.00 X 0 0 0 MELISSA HELLER TRUSTEE 2.00 X 0 0 0 MICHAEL SULLIVAN TREASURER 2.00 X 0 0 0 ROBERT BROOKS TRUSTEE 2.00 X 0 0 0 SANDRA B WAXMAN TRUSTEE 2.00 X 0 0 0 SARAH JM MARSHALL TRUSTEE 2.00 X 0 0 0 SHELLY POWER EXECUTIVE DIRECTOR 40.00 X X 316251 0 9164 STEVEN SCOTT BRADLEY TRUSTEE 2.00 X 0 0 0 DAN KEMPSON TRUSTEE 2.00 X 0 0 0 DANIELLE HANKIN TRUSTEE 2.00 X 0 0 0 EMALEE G WELSH ESQ TRUSTEE 2.00 X 0 0 0 RACHEL KIESER CPA TRUSTEE 2.00 X 0 0 0 DAVID CHAMBERS CHIEF ADVANCEMENT OFFICER 40.00 X 213276 0 10916 CHRISTINE STONE MARTIN GENERAL MANAGER 40.00 X 128360 0 10099 JACQUELINE MEISTER DIRECTOR OF HUMAN RESOURCES 40.00 X 132708 0 795 SAMANTHA DUNSTER ASSISTANT ARTISTIC DIRECTOR 40.00 X 111253 0 10909 DAVIT KARPETYAN DIRECTOR OF SCHOOL OF PHILADELPHIA BALLET 40.00 X 126562 0 732 1346127 0 51387 7 0 1 0 VARENHORST 230 N 21ST STREET PHILADELPHIA PA 19103 ARCHITECT SERVICES 660695 TURNER CONSTRUCTION COMPANY 3 PARAGON DRIVE MONTVALE NJ 07645 CONSTRUCTION SERVICES 519860 RADAR NONPROFIT SOLUTIONS LLC 2810 N CHURCH STREET WILMINGTON DE 19802 FINANCIAL SERVICES 404670 BLANK ROME LLP ONE LOGAN SQUARE 130 NORTH 18TH ST PHILADELPHIA PA 19103 MARKETING SERVICES 227453 FIRST ASCENT DESIGN LLC 1007 NORTH ORANGE ST 4TH FL WILMINGTON DE 19801 DIGITAL MKTG/WEB MAINTENANCE 177405 5 356755 44560 18360231 4966052 18761546 TICKET SALES 900099 4618491 4618491 SCHOOL REVENUE 900099 1655751 1655751 SUBSCRIPTIONS 900099 719249 719249 EVENT AND HANDLING FEES 900099 29267 29267 7022758 278984 278984 3450 0 3450 3450 3450 5871505 5848556 22949 22949 22949 102625 356755 329945 -227320 -227320 111805 113558 -1753 -1753 INSURANCE PROCEEDS FROM FIRE DAMA 900099 240293 240293 MISCELLANEOUS INCOME 900099 115506 115506 355799 26216413 7376804 0 78063 909913 338772 339164 231977 7304070 6074125 509426 720519 982244 885199 22803 74242 794836 644937 74995 74904 152449 62331 88713 1405 450709 450709 1457417 687733 593394 176290 844395 842795 1600 365344 318844 42668 3832 221715 8531 184691 28493 121599 121599 2807444 2433481 256232 117731 650559 577199 19743 53617 6196 2251 3945 331579 331579 372897 176188 196709 574221 352013 195888 26320 PRINTING 339380 202586 55707 81087 CREDIT CARD FEES 234626 35893 200517 -1784 PHOTOGRAPHY AND VIDEO 153743 102628 41606 9509 PRODUCTION 115158 115154 4 142477 62785 52309 27383 19332971 13199998 4501903 1631070 8785268 9558050 7172173 9236035 37687 29129 77862 171873 217248 20901392 4839211 14551738 16062181 1579336 1510359 137970 1406260 32436045 38097124 1819326 420014 1593631 1910824 4472261 3033890 0 1218698 7885218 6583426 X 3453294 7253300 21097533 24260398 24550827 31513698 32436045 38097124 6883442 79429 0 X X 0 1 X 1 0 X 8776203 18157333 7845959 14585110 18761546 68126151 4509212 1075278 4611350 6658697 7022758 23877295 13285415 19232611 12457309 21243807 25784304 92003446 3493344 4260159 1421884 2287451 3477177 14940015 0 3493344 4260159 1421884 2287451 3477177 14940015 77063431 34860 17302 24830 121128 282444 480564 34860 17302 24830 121128 282444 480564 66002 8440 38494 211652 354046 678634 13386277 19258353 12520633 21576587 26420794 93162644 0.82720 0.81580 0.00520 0.00350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 65000 0 0 65000 0 PART II-B, LINE 1: MAINTAIN STRONG AND REGULAR COMMUNICATIONS WITH PENNSYLVANIA STATE DELEGATIONS AND PERTINENT AGENCIES. DEVELOP STRONG PARTNERS WITHIN DELEGATION, AGENCIES AND THEIR STAFF MEMBERS. SET UP MEETING WITH PA BALLET EXECUTIVE DIRECTOR WITH PERTINENT STATE LEGISLATORS, AGENCIES FOR INTRODUCTIONS, DISCUSSION OF KEY ISSUES AT HAND, INCLUDING THREATS TO STATE FUNDING. MEET MONTHLY WITH KEY MEMBERS OF DELEGATION, OR AS NEEDED AND MORE FREQUENTLY WHEN URGENT ISSUES ARISE. FILE WRITTEN REPORTS OF ALL MEETINGS WITH PA BALLET EXECUTIVE DIRECTOR. FOLLOW UP, AS NECESSARY AND APPROPRIATE, ON ALL MEETINGS, POINTS FOR ADVOCACY ON ALL ISSUES, ONGOING AND URGENT, WITH APPROPRIATE INSTRUCTIONS FOR IDENTIFYING KEY PARTNERS, TARGET. 2425518 49700 117823 111000 2482041 2538308 200000 30254 343044 2425518 2721565 200000 -283257 100000 2538308 3265362 345044 306317 1195158 2721565 3258274 25000 158943 176855 3265362 0 0 6082710 6082710 10941741 1984966 8956775 3876941 2854245 1022696 16062181 LEASE LIABILITY 1218698 1218698 X 26422270 79429 126428 205857 26216413 0 26216413 19459399 126428 126428 19332971 0 19332971 PART V, LINE 4: USES INCLUDE EDUCATION & OUTREACH, PRINCIPAL DANCER COMPENSATION, BALLET MASTER/MISTRESS COMPENSATION, ARTISTIC DIRECTOR COMPENSATION AND UNRESTRICTED PURPOSES. PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ASC TOPIC 740, INCOME TAXES, ADDRESSES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND ESTABLISHES FOR ALL ENTITIES, INCLUDING NOT-FOR-PROFIT ENTITIES SUCH AS THE ASSOCIATION, A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN FILING TAX RETURNS (INCLUDING WHETHER AN ENTITY IS TAXABLE IN A PARTICULAR JURISDICTION). THE ASSOCIATION RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING THE ASSOCIATION'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS RECORDED AS OF JULY 31, 2024 OR 2023. RED ROSE FARM 277870 230570 47300 175189 GALA 149626 94301 55325 132250 1 31884 31884 22506 459380 356755 102625 329945 329945 -227320 X X X X X 0 0 0 0 0 0 0 0 0 ANGEL CORELLA ARTISTIC DIRECTOR 317717 0 0 0 0 0 0 0 8772 0 326489 0 0 0 SHELLY POWER EXECUTIVE DIRECTOR 316251 0 0 0 0 0 0 0 9164 0 325415 0 0 0 DAVID CHAMBERS CHIEF ADVANCEMENT OFFICER 213276 0 0 0 0 0 0 0 10916 0 224192 0 0 0 X 13 4310688 STOCK MARKET VALUE X COSTUMES & MISC ITEMS 2 638300 COST X SILENT AUCTION ITEMS 1 17064 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED UPON INFORMATION PROVIDED BY THE ORGANIZATIONS DIRECTOR OF FINANCE AND ACCOUNTING MANAGER. IT IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICE OF THE EXECUTIVE DIRECTOR IN CONJUNCTION WITH THE NOMINATIONS COMMITTEE OF THE BOARD ANNUALLY DISTRIBUTES CONFLICT OF INTEREST INFORMATION AND QUESTIONNAIRES TO THE BOARD OF TRUSTEES. THE RETURN OF THE QUESTIONNAIRES AND TRUSTEE COMPLIANCE IS MONITORED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE AND ARTISTIC DIRECTORS (BOTH OFFICERS OF THE CORPORATION PER THE BYLAWS) IS DETERMINED BY AN ADHOC COMMITTEE OF THE BOARD. THE EXECUTIVE DIRECTOR IS UNDER A 3-YEAR CONTRACT, WHILE THE ARTISTIC DIRECTOR IS UNDER A 6-YEAR CONTRACT, AND THE VARIOUS METHODOLOGIES ARE USED IN THE DETERMINATION OF THEIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, ON WEBSITE, AND THROUGH OUR OFFICE. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR