2016-05-13T17:45:53-05:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2014-07-01 201819852 LOS ANGELES BALLET INC LOSA 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 JULIE WHITTAKER EXECUTIVE DIRECTOR 3104888890 2016-05-13 1 ALAN HARRISON P00157337 6267933600 2016-05-13 2014 2016-08-17 19:52:53Z JULIE WHITTAKER 11755 EXPOSITION BLVD LOS ANGELES CA 90064 3728139 0 X WWW.LOSANGELESBALLET.ORG X 2004 CA TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS. 15 10 56 45 0 0 1971231 1625309 1081321 1731469 0 0 -56639 102405 2995913 3459183 0 0 0 0 992993 1399271 0 0 301312 1674268 2418736 2667261 3818007 328652 -358824 545916 312853 273962 399723 271954 -86870 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 3251319 0 1731469 THE ORGANIZATION HAD THREE PRODUCTIONS: THE NUTCRACKER, SWAN LAKE, THE SLEEPING BEAUTY AND DIRECTORS' CHOICE PRESENTED FROM JULY 2014 TO JUNE 2015. EACH PRODUCTION RECEIVES A SERIES OF PERFORMANCES IN MULTIPLE VENUES IN THE LOS ANGELES AREA. THE ORGANIZATION ALSO CONDUCTS A BI-ANNUAL CHOREOGRAPHIC WORKSHOP AND TWO OUTREACH PROGRAMS: POWER OF PERFORMANCE (POP!) AND A CHANCE TO DANCE. 3251319 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 32 0 56 1 0 0 0 0 0 1 1 0 0 0 0 X 15 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X JULIE ATHERTON 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 AAGE THORDAL CHRISTENSEN ART DIRECTOR/PRESIDENT 65.00 X X 75910 0 2936 COLLEEN NEARY ART DIRECTOR/SECRETARY 65.00 X X 75910 0 2936 JULIE WHITTAKER ATHERTON EXECUTIVE DIRECTOR 65.00 X X 80709 0 0 CATHERINE KANNER DESIGN DIRECTOR 60.00 X 46905 0 0 ROBERTA K DAHL BOARD MEMBER 2.00 X 0 0 0 GHADA IRANI BOARD MEMBER 1.00 X 0 0 0 DINA LEEDS BOARD MEMBER 1.00 X 0 0 0 DEBRA LUSTIG BOARD MEMBER 1.00 X 0 0 0 JENNIFER BELLAH MAGUIRE BOARD MEMBER 1.00 X 0 0 0 TAMAR MANOUKIAN BOARD MEMBER 0.50 X 0 0 0 BARI MILKEN BERNSTEIN BOARD MEMBER 1.00 X 0 0 0 LORI MILKEN BOARD MEMBER 2.00 X 0 0 0 DR JAMES MURRAY BOARD MEMBER 1.00 X 0 0 0 VICKI NEUMAN BOARD MEMBER 1.00 X 0 0 0 JEANETTE TREPP BOARD MEMBER 1.00 X 0 0 0 279434 0 5872 0 0 0 0 0 628474 996835 3000 1625309 PERFORMANCE REVENUE 711120 1731469 1731469 1731469 97292 0 97292 97292 97292 274069 628474 268956 5113 5113 3459183 1731469 0 102405 249545 158457 40200 50888 961194 788665 81328 91201 73827 42438 19075 12314 114705 90181 11447 13077 18918 18918 318872 308272 10600 31425 10475 10475 10475 26143 21436 2436 2271 50000 50000 865946 725654 70146 70146 38054 38054 1327 1327 39259 36231 1514 1514 103397 86377 8510 8510 PRODUCTION COSTS 729247 717122 12125 CREDIT CARD SERVICE CHA 109734 100383 9351 GUEST ARTISTS, DANCERS 77574 77574 MARKETING & FUNDRAISING 8840 8840 3818007 3251319 265376 301312 323759 36054 6202 4247 0 26500 26453 41557 29075 0 402954 202959 146927 199995 13500 4500 545916 312853 202480 314859 54738 934 0 71371 16744 12559 273962 399723 X 176409 -114865 95545 27995 271954 -86870 545916 312853 -358824 0 X 0 1 X 1 0 X 757967 1109360 1129400 1971231 1625309 6593267 757967 1109360 1129400 1971231 1625309 6593267 2135849 4457418 6388 98712 99508 101002 97292 402902 6996169 6238954 0.63710 0.64880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35663 8943 26720 280276 180916 99360 87015 13100 73915 199995 X 3550183 91000 91000 3459183 0 3459183 3909007 91000 91000 3818007 0 3818007 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. THE RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES GENERALLY THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. GALA-DINNER 826894 628474 198420 133611 12900 20211 63347 GUILD 75649 75649 38887 902543 628474 274069 133611 12900 20211 102234 268956 5113 DINA LEEDS BOARD MEMBER OPERATING CASH X 33000 33000 0 1 1 LOS ANGELES BALLET CENTER (DBA LOS ANGELES BALLET SCHOOL) ARTISTIC DIRECTORS & EXECUTIVE DIRECTOR JOINTLY OWN BALLET SCHOOL OPERATING CASH X 50000 38371 0 1 0 71371 LOS ANGELES BALLET SCHOOL LAB'S ARTISTIC AND EXECUTIVE DIRECTORS OWNS THE LOS ANGELES BALLET SCHOOL 90000 RENTAL SUBLEASE 0 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. BARI MILKEN BERNSTEIN, BOARD MEMBER AND LORI MILKEN, BOARD MEMBER - FAMILY RELATIONSHIP. MR. CHRISTENSEN, MS. NEARY AND JULIE WHITTAKER (EXECUTIVE DIRECTOR AND BOARD MEMBER) ARE CO-OWNERS OF LOS ANGELES BALLET SCHOOL. FORM 990, PART VI, SECTION B, LINE 11 A COMPLETE COPY OF THE 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING. 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 THE ORGANIZATION'S BEST INTEREST, AND WHETHER IT IS FAIR AND REASONABLE. THE DECISION WILL BE DOCUMENTED IN THE ORGANIZATION'S 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 B, LINE 15 COMPENSATION WAS APPROVED FOR CO-ARTISTIC DIRECTORS, EXECUTIVE DIRECTOR AND GRAPHIC DESIGNER (WHO IS ALSO A BOARD MEMBER) BY THE ENTIRE DISINTERESTED BOARD, ACTING AS A COMPENSATION COMMITTEE. IN-DEPTH RESEARCH WAS NOT NECESSARY IN LIGHT OF THE EXTREMELY LOW COMPENSATION LEVEL OUR BUDGET PERMITS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.