2015-02-16T17:22:55-06:00 2014-06-30 954749365 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2013-07-01 201819852 LOS ANGELES BALLET INC LOSA 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 THORDAL CHRISTENSEN PRESIDENT 3104888890 2015-02-13 1 ALAN HARRISON P00157337 6267933600 2015-02-13 2013 2016-02-25 16:41:14Z JULIE WHITTAKER 11755 EXPOSITION BLVD LOS ANGELES CA 90064 3300862 0 X WWW.LOSANGELESBALLET.ORG X 2004 CA TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCE IN LOS ANGELES. 13 9 52 50 0 0 1129400 1971231 1080795 1081321 0 0 61874 -56639 2272069 2995913 0 0 0 0 778600 992993 0 0 323592 1521082 1674268 2299682 2667261 -27613 328652 305116 545916 361814 273962 -56698 271954 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 2139000 1182323 THE ORGANIZATION HAD 3 PRODUCTIONS: THE NUTRACKER, QUARTET AND LA SYLPHIDE AND SERENADE FROM JULY 1, 2013 TO JUNE 30, 2014.EACH PRODUCTION RECEIVES A SERIES OF PERFORMANCES IN MULTIPLE VENUES IN THE LOS ANGELES AREA. THE ORGANIZATION ALSO CONDUCTS A CHOREOGRAPHIC WORKSHOP BI-ANNUALLY, AND A COMMUNITY OUTREACH PROGRAM ENTITLED POWER OF PERFORMANCE OR POP!. 2139000 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 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 52 1 0 0 0 0 0 1 1 0 0 0 0 X 13 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X X JULIE ATHERTON 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 THORDAL CHRISTENSEN ART DIRECTOR/ PRESIDENT 65.00 X X 47398 0 2936 COLLEEN NEARY ART DIRECTOR/ SECRETARY 65.00 X X 47398 0 2936 JULIE WHITTAKER EXECUTIVE DIRECTOR 65.00 X X 46119 0 0 CATHERINE KANNER DESIGN DIRECTOR 60.00 X 15283 0 0 ROBERTA K DAHL BOARD MEMBER 2.00 X 0 0 0 GHADA IRANI 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 156198 0 5872 0 0 0 0 0 939705 1031526 51047 1971231 PERFORMANCE REVENUE 711120 1081321 1081321 1081321 101002 0 101002 101002 101002 147308 939705 304949 -157641 -157641 2995913 1182323 0 -157641 185798 119282 35177 31339 639878 509242 59069 71567 81521 73996 3597 3928 85796 65310 9793 10693 15062 15062 205799 205297 502 27780 9260 9260 9260 32888 27824 2821 2243 27344 27344 609383 486253 61565 61565 40034 40034 60 60 38148 36120 1014 1014 72433 57931 7251 7251 PRODUCTION COSTS 274966 252715 22251 MARKETING & FUNDRAISING 141267 43000 98267 CC SERVICE CHARGES 92508 88796 3712 GUEST ARTISTS, DANCERS 60745 60745 35851 35851 2667261 2139000 204669 323592 66013 323759 34675 6202 109344 26453 29075 315013 168086 90084 146927 5000 13500 305116 545916 240013 202480 30934 54738 78334 12533 16744 361814 273962 X -122672 176409 65974 95545 -56698 271954 305116 545916 328652 0 X X 0 1 X 1 0 X 776020 757967 1109360 1129400 1971231 5743978 776020 757967 1109360 1129400 1971231 5743978 1812018 3931960 10390 6388 98712 99508 101002 316000 6059978 4975556 0.64880 0.61910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18807 5973 12834 278106 151013 127093 18100 11100 7000 146927 X 3186026 190113 190113 2995913 0 2995913 2857374 190113 190113 2667261 0 2667261 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 1043716 939705 104011 132044 3000 157865 GUILD 43297 43297 12040 1 1087013 939705 147308 132044 3000 169905 304949 -157641 X 1 1047 FMV X WEIGHT ROOM E 1 50000 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THORDAL CHRISTENSEN, CHAIRMAN OF THE BOARD AND CO-ARTISTIC DIRECTOR IS MARRIED TO COLLEEN NEARY, SECRETARY OF THE BOARD AND CO-ARTISTIC DIRECTOR. ADDITIONALLY, 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 BECAUSE OF THE RELATIVELY SMALL SIZE OF THE BOARD, POTENTIAL CONFLICTS WOULD GENERALLY BE KNOWN. SUCH ITEMS ARE BROUGHT TO THE ATTENTION OF THE BOARD AND THE BOARD ACTS TO APPROVE, AS APPROPRIATE. THE POLICY REQUIRING ANNUAL REPRESENTATIONS HAS GENERALLY NOT BEEN ENFORCED; HOWEVER A PLAN IS IN PROCESS TO ADD TO THE BOARD AGENDA. 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. IN SOME CASES, THESE INDIVIDUALS DEFERRED TAKING THEIR COMPENSATION (BECAUSE OF CASH SHORTFALLS DURING CERTAIN MONTHS). THIS WAS DISCUSSED AFTER THE FACT WITH THE BOARD. 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 VI, SECTION B, LINES 13 AND 14: THE ORGANIZATION IS IN PROCESS OF DRAFTING AND ADOPTING A DOCUMENT RETENTION AND DESTRUCTION POLICY. 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.