2016-05-10T08:43:16-07:00 2015-06-30 990 2014-07-01 042312734 BOSTON BALLET INC BOST 6176956950 19 Clarendon St Boston MA 02116 James Tague Director of Finance 6174566259 2016-05-10 2014 2016-08-17 19:52:53Z Meredith Hodges 19 Clarendon Street Boston MA 02116 38634277 0 X www.bostonballet.org X 1963 MA To bring new levels of excellence to ballet - both on and off stage - through a process that is inclusive in scope, educational, and creative. 28 28 697 400 124235 0 16403851 12697905 18476671 19120249 483783 931139 474712 466597 35839017 33215890 0 0 0 0 18817679 18201615 10085 0 1816945 19659562 15574311 38487326 33775926 -2648309 -560036 30529725 28758913 11457936 10924589 19071789 17834324 Boston Ballet's mission is to bring new levels of excellence to ballet -- both on and off stage -- We will accomplish this through a process that is inclusive in scope, educational, and creative. Inherent in this mission are several tensions: taking artistic risks while not leaving our audience behind, managing for financial stability while allowing for artistic experimentation, being sensitive to the community while recognizing that ballet is not a mass art form. Meeting the challenges of these tensions has contributed to our success. Through this mission we will significantly advance ballet as an art form, enrich the cultural life of our community, and create a heightened sense of excitement and reward those who join us. 0 0 21715911 0 12147817 Ballet Programs: Led by Artistic Director Mikko Nissinen, Boston Ballet gave 105 performances at the Boston Opera House and other performing spaces in Boston, MA during the eight-month season ending in May 2015. The fiscal year 2015 season featured 13 ballets including three world premieres and two company premieres. The season began with the world premiere of Mikko Nissinen's "Swan Lake" featuring new sets and costumes by award-winning designer Robert Perdziola. The season continued with the production of Nissinen's "The Nutcracker" and Val Caniparoli's romantic drama "Lady of the Camellias." The spring season featured contemporary and neo-classical choreography from masters such as William Forsythe, Jerome Robbins, Helen Pickett, Wayne McGregor, and Company premieres of George Balanchine's "Episodes" and Hans van Manen's "Black Cake." Adding to the excitement, the Company presented world premieres by resident choreographer Jorma Elo and principal dancer Jeffrey Cirio. Boston Ballet II is the second company of Boston Ballet and represents a two-year program bridging the gap between a dancer's formal training and their professional career. BBII's focus is on developing strong, technical artists who have the skills to thrive in a world-renowned company. BBII performs extensively with the main company at the Boston Opera House in addition to their touring engagements throughout the greater Boston community. 6097346 0 6898362 Boston Ballet School (BBS): provides a comprehensive dance education with the goal of inspiring, nurturing and sustaining a life-long love of dance in every student. BBS operates three state-of-the-art dance facilities: at Boston Ballet's headquarters in the South End of Boston; in the Metro West town of Newton; and in the Salem/Marblehead area of the North Shore. During fiscal year 2015, BBS provided dance education and training to 4,966 students through four programs. The Classical Ballet Program (654 students) follows a carefully designed curriculum with nine levels of study. It also has a supplemental Summer Dance Workshop and Master Class Series (261 students) exposing students to different dance concepts and styles in a creative environment. The Children's Program (944 students) for ages 16 months to 7 years introduces children to the art of dance by promoting the exploration of creativity and expression through movement. Its corresponding summer camps, Ballet Stories and Ballet Journeys (149 students), introduce students to the wider world of dance. The Adult Dance Program (2,311 students) offers a wide range of dance classes to students of all abilities and experience levels. The Pre-Professional Program (95 students) and its Summer Dance Program (502 students) are audition-only and highly competitive programs that provide a rigorous training program preparing students for a professional career with Boston Ballet, and in the ballet industry. 504903 0 74070 Division for Education and Community Initiatives (ECI): reaches over 6,000 individuals in Boston, the North Shore and the surrounding communities. ECI programs include: Citydance, established in 1991, provides third-grade students from over 110 Boston and North Shore public schools with a tuition-free introduction to dance education; ECI On Location, inclusive of Taking Steps and Boys in Motion, serve students from 4th grade to 8th grade, offering multiple styles of dance that reflect our diverse community; and Adaptive Dance, established in 2002, provides creative movement instruction to individuals with disabilities from ages 2 to adult. ECI also engages participants beyond programming by providing special opportunities that can include attending Boston Ballet performances and special events/activities, mentoring and teaching, and performing in showcases or community performances. In April 2015, and for the sixth year in a row, ECI hosted 1,165 fourth and fifth graders from Boston Public Schools to performances at the Strand Theatre featuring dancers from Boston Ballet, Boston Ballet II, Boston Ballet School and young adults enrolled in ECI's Adaptive Dance program. 0 0 0 28318160 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 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 1 106 0 1 697 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CT MA ME NH NY RI X X Finance Department 6174566259 19 Clarendon Street Boston MA 02116 Jack R Meyer Chair 1 0 X 0 0 0 Alison A Quirk Vice Chair 1 0 X 0 0 0 Lisa A Blumenthal Trustee 1.00 0 X 0 0 0 Stephanie L Brown Trustee 1 0 X 0 0 0 Charles S Carignan Trustee 1 0 X 0 0 0 Francis X Claro Trustee 1 0 X 0 0 0 James D Clubb Trustee 1 0 X 0 0 0 Ralph de la Torre Trustee 1 0 X 0 0 0 Donna L Egan Trustee 1 0 X 0 0 0 Leigh R Fraser Trustee 1 0 X 0 0 0 Susan V Fried Trustee 1 0 X 0 0 0 Susan Y Friedman Trustee 1 0 X 0 0 0 Carol T Friscia Trustee 1 0 X 0 0 0 Andrea W Hoff Trustee 1 0 X 0 0 0 Tito Jackson Trustee 1 0 X 0 0 0 Nicholas W Lazares Trustee 1 0 X 0 0 0 Lisa H Lerner Trustee 1 0 X 0 0 0 Ruth Littlechild Trustee 1 0 X 0 0 0 Joseph C McNay Trustee 1 0 X 0 0 0 Nick Nanda Trustee 1 0 X 0 0 0 James L J Nuzzo Trustee 1 0 X 0 0 0 Eleanor Y Pao Trustee 1 0 X 0 0 0 Eve S Rounds Trustee 1 0 X 0 0 0 Marie L Schwartz Trustee 1 0 X 0 0 0 Laura J Sen Trustee 1 0 X 0 0 0 Ruth E Shefer Trustee 1 0 X 0 0 0 Henri A Termeer Trustee 1 0 X 0 0 0 Janet T Tobin Trustee 1 0 X 0 0 0 Mikko P Nissinen Artistic Director & Co-CEO 40 0 X X 505888 0 1264 Meredith L Hodges Executive Director & Co-CEO 40 0 X X 93046 0 532 James Tague Director of Finance 40 0 X 148287 0 6906 Jennifer Weissman Chief Marketing Officer 40 0 X 206641 0 7056 Jonathan McPhee Music Director 40 0 X 201933 0 6971 Richard Armstrong Director of Institutional Relations 40 0 X 151177 0 0 Russell Kaiser Assistant Artistic Director 40 0 X 146931 0 0 Margaret Tracey Director of Boston Ballet School 40 0 X 145838 0 6971 1599741 0 29700 16 0 1 0 Troiani & Sons 24 Langlois Pine Lakeville MA 02347 Artistic Trucking 179249 Nutter McClennen & Fish LLP 155 Seaport Blvd Boston MA 02210 Legal 127994 2 0 0 1629568 0 189000 10879337 241411 12697905 Ticket Sales 711120 12147817 12147817 0 0 Tuition and Fees 711120 6898362 6898362 0 0 Community Initiatives 711120 74070 74070 0 0 0 0 0 0 19120249 320353 0 0 320353 0 0 0 0 0 0 0 0 0 0 5099026 0 4488240 0 610786 0 610786 0 0 610786 453295 1629568 679317 -226022 0 -226022 516017 250830 265187 140952 124235 0 Costume & Scenery Rental 711120 220179 220179 0 0 207253 207253 0 0 427432 33215890 19688633 124235 705117 946098 547577 398521 14087871 12520179 633664 934028 525093 508764 16329 1207000 923093 205028 78879 1435553 1275806 64570 95177 7259 7259 72220 44357 27863 63000 63000 0 21481 2476 19005 482607 278672 148606 55329 2897066 2751417 145649 94593 55541 29934 9118 247549 21979 225570 343806 343806 2186095 1535414 650681 257319 244434 6590 6295 18730 18201 529 111220 111220 1658178 969697 688481 546854 432305 95719 18830 Artistic Production Expenses 4487174 4487174 0 0 Ballet School Programmatic 801446 801446 0 0 Credit Card Fees 500586 484850 0 15736 Special Event Expenses 183467 0 0 183467 593661 70972 248252 274437 33775926 28318160 3640821 1816945 1484783 1149886 1641096 1641395 835701 94709 586512 317452 152853 129655 920036 869800 26400187 14071012 12567372 12329175 11698177 9596720 2102066 350953 243669 292242 284386 30529725 28758913 2653948 1499969 5048478 5810304 3500000 3500000 255510 114316 0 11457936 10924589 X 5130317 5038696 4323464 2937251 9618008 9858377 19071789 17834324 30529725 28758913 -560036 -677429 0 0 0 0 X 0 1 X 1 0 X 12906440 16896241 15419429 16403851 13151200 74777161 15632737 16964056 17536518 18052845 19636266 87822422 0 0 0 103238 427432 530670 0 0 0 0 0 0 0 0 0 0 0 0 28539177 33860297 32955947 34559934 33214898 163130253 5915452 8384451 11262193 11980933 7033919 44576948 0 0 0 0 0 0 5915452 8384451 11262193 11980933 7033919 44576948 118553305 267362 270693 228582 339243 320353 1426233 0 0 0 0 0 0 267362 270693 228582 339243 320353 1426233 0 0 0 0 0 0 0 0 0 0 0 0 28806539 34130990 33184529 34899177 33535251 164556486 0.72044 0.7031 0.00867 0.0081 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11698177 240369 184370 0 410282 19005 11693629 8587106 2002021 1506547 0 368975 28522 11698177 8334970 6451 678925 0 389258 43982 8587106 8242884 11000 365766 0 220455 64225 8334970 7466882 11000 1025177 0 195032 65143 8242884 0.00 0.8431 0.1569 1 0 0 0 0 0 7953096 5071835 2881261 0 5940421 2466363 3474058 0 3647072 2458890 1188182 0 8859598 4073924 4785674 12329175 Alternative Investments 2102066 F 2102066 Federal income taxes 0 0 X 32538461 -677429 0 0 0 -677429 33215890 0 0 0 33215890 33775926 0 0 0 0 0 33775926 0 0 0 33775926 Schedule D, Part V, Line 3a(i) The Ballet received annual income distributions from the E. Virginia Williams Fund ("The Fund"). The Fund assets of $2,050,000 are held in trust and managed by The Boston Foundation. The Fund was established in the early 1980's for the exclusive benefit of the Ballet in perpetuity on the condition the Ballet continues to operate as a 501(c)(3) Ballet Company. Schedule D, Part V, Line 4 The Ballet's Endowment consists of approximately fourteen individual funds established to support artistic productions, scholarships to Boston Ballet School, and education & community programmatic activities. Schedule D, Part X, Line 2 The Ballet accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The Ballet has identified its tax status as a tax-exempt entity as a tax position; however, the Ballet has determined that such tax position does not result in an uncertainty requiring recognition. The Ballet is not currently under examination by any taxing jurisdiction. Its federal and state income tax returns are generally open for examination by any taxing jurisdiction for three years after the date of filing the related return. Spring Ball 1536363 1187028 349335 0 104100 102865 150846 122502 118527 Nutcracker Event 546500 442540 103960 0 0 10000 58022 3140 9315 0 2082863 1629568 453295 0 104100 112865 208868 125642 127842 679317 -226022 X X X 0 0 0 0 0 0 0 0 0 Mikko P Nissinen Artistic Director & Co-CEO 480253 0 0 0 0 0 25635 0 1264 0 507152 0 0 0 Meredith L Hodges Executive Director & Co-CEO 84853 0 0 0 0 0 8193 0 532 0 93578 0 0 0 James Tague Director of Finance 148287 0 0 0 0 0 0 0 6906 0 155193 0 0 0 Jennifer Weissman Chief Marketing Officer 206641 0 0 0 0 0 0 0 7056 0 213697 0 0 0 Jonathan McPhee Music Director 201933 0 0 0 0 0 0 0 6971 0 208904 0 0 0 Richard Armstrong Director of Institutional Relations 151177 0 0 0 0 0 0 0 0 0 151177 0 0 0 X 25 229248 Fair Value X Donated Auction Items 8 104099 Fair Value X Events Facilities/Services 7 103385 Fair Value X Misc In Kind 4 33927 Fair Value 0 0 0 Form 990, Part VI, Section A, Line 8b Meeting materials for the Executive Committee are archived and all decisions are reported to the Board of Trustees at the subsequent Board meeting. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the Finance Department under the direct supervision of the Director of Finance. Once completed it is reviewed in detail by the Audit Committee. The final draft of the Form 990 is distributed to the entire Board of Trustees before filing with the Internal Revenue Service. Form 990, Part VI, Section B, Line 12c The organization regularly monitors and enforces compliance with the Conflict of Interest Policy through annual renewal of disclosures. Form 990, Part VI, Section B, Line 15 Compensation for the Executive Director and Artistic Director are reviewed and approved by the Executive Committee and the Board of Trustees. Form 990, Part VI, Section C, Line 19 The Ballet's governing documents and Conflict of Interest policy are available upon request.