2025-10-15T17:34:51-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2023-07-01 201819852 LOS ANGELES BALLET INC LOSA 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 JULIA RIVERA EXECUTIVE DIRECTOR 3104888890 2025-10-15 1 1 LISA N RYSSEL CPA P00643670 7149781300 2025-10-15 2023 2025-03-06 01:10:19Z JULIA RIVERA 11755 EXPOSITION BLVD LOS ANGELES CA 90064 5308713 0 X WWW.LOSANGELESBALLET.ORG X 2004 CA TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCE IN LOS ANGELES. 24 24 47 24 0 0 2027208 2784603 2178707 2106593 0 0 24062 -316027 4229977 4575169 0 0 0 0 1423966 1485072 0 0 513942 3417405 3119911 4841371 4604983 -611394 -29814 840463 1039060 785039 1013450 55424 25610 TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCERS IN LOS ANGELES, NATIONALLY, AND INTERNATIONALLY. TO PASSIONATELY PURSUE INNOVATION AND CREATIVITY AND PERFORMANCE. TO CHANGE LIVES THROUGH ACCESSIBLE DANCE EDUCATION PROGRAMS. 0 0 3564530 0 2182525 DURING THIS FISCAL YEAR, LAB RETURNED TO SUCCESSFUL IN-PERSON LIVE PERFORMANCES AND EVENTS. DUE TO THE COVID-19 PANDEMIC, RETURN TO LIVE PERFORMANCE REQUIRED EXTENSIVE SAFETY MEASURES, INCLUDING REGULAR DANCER TESTING AND REQUIRING AUDIENCE MEMBERS TO WEAR MASKS. LAB SUCCESSFULLY NAVIGATED THE CHALLENGES, AND IN SPITE OF SEVERAL CANCELLED PERFORMANCES DUE TO COVID-19 DISRUPTION, THE SEASON ENDED WITH STRONG TICKET SALES. FREE A CHANCE TO DANCE COMMUNITY DANCE CLASSES RETURNED TO IN-PERSON, IN ADDITION TO CONTINUED ONLINE ACCESS. TWO DAYS OF CLASSES WERE HELD AT THE BALLET CENTER EACH MONTH, SERVING 150-200 COMMUNITY MEMBERS FROM AGES 6-70. 3564530 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 104 0 1 47 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X JULIA RIVERA 3104777411 11755 EXPOSITION BLVD LOS ANGELES CA 90064 JENNIFER BELLAH MAGUIRE BOARD CHAIRMAN 3.00 X X 0 0 0 ROBERTA K DAHL SECRETARY 8.00 X X 0 0 0 ARADHNA KELSEY DIRECTOR 1.00 X 0 0 0 BARI MILKEN-BERNSTEIN DIRECTOR 1.00 X 0 0 0 CORRINE SANDS DIRECTOR 1.00 X 0 0 0 DEBRA LUSTIG DIRECTOR 1.00 X 0 0 0 DINA LEEDS DIRECTOR 1.00 X 0 0 0 ELIZABETH FOWLER DIRECTOR 1.00 X 0 0 0 ERICA MIN DIRECTOR 1.00 X 0 0 0 GHADA IRANI DIRECTOR 1.00 X 0 0 0 JAMES MURRAY DIRECTOR 1.00 X 0 0 0 JOHN PETERS DIRECTOR 1.00 X 0 0 0 JOHNESE SPISSO DIRECTOR 1.00 X 0 0 0 KIRSTEN SARKISIAN DIRECTOR 1.00 X 0 0 0 KONI RICH DIRECTOR 1.00 X 0 0 0 LORI MILKEN DIRECTOR 1.00 X 0 0 0 MARAL STEPHANIE KRADJIAN DIRECTOR 1.00 X 0 0 0 NIGEL LYTHGOE DIRECTOR 1.00 X 0 0 0 PETER GROSS DIRECTOR 1.00 X 0 0 0 RACHEL WEBER DIRECTOR 1.00 X 0 0 0 SANDRA KANENGISER DIRECTOR 1.00 X 0 0 0 SHARON DAVIS DIRECTOR 1.00 X 0 0 0 SYBIL GRIEB DIRECTOR 1.00 X 0 0 0 TAMAR MANOUKIAN DIRECTOR 1.00 X 0 0 0 BRANDON LUSSIER EXECUTIVE DIRECTOR (THRU 03/24) 40.00 X 89821 0 6857 JULIA RIVERA EXECUTIVE DIRECTOR (START 03/24) 40.00 X 0 0 0 89821 0 6857 0 0 0 0 0 1430128 79905 1274570 286363 2784603 PERFORMANCE REVENUE 711120 2106593 2106593 2106593 16423 0 16423 16423 16423 278363 1430128 686745 -408382 -408382 122731 46799 75932 75932 4575169 2182525 0 -391959 109597 65758 43839 1150005 892252 71951 185802 123200 94347 8315 20538 102270 71394 11298 19578 121517 121517 96230 43411 30182 22637 375673 312952 20016 42705 32667 10889 10889 10889 67876 30815 9018 28043 46475 46475 258846 86282 86282 86282 8985 8985 35647 24455 5596 5596 130122 89144 20489 20489 PRODUCTION AND THEATER 1861549 1861549 CC SERVICE CHARGES 55932 55932 DEVELOPMENT 27544 27544 ALL OTHER EXPENSES 848 565 283 4604983 3564530 526511 513942 314799 19955 150750 519000 48181 21310 4945 606084 517912 99880 88172 205543 406988 840463 1039060 436031 469661 146997 143301 202011 400488 785039 1013450 X -120231 -96957 175655 122567 55424 25610 840463 1039060 -29814 0 X X 0 1 X 1 0 X 1633479 1655810 3095363 2027208 2784603 11196463 1633479 1655810 3095363 2027208 2784603 11196463 669938 10526525 82157 37191 101076 88465 16423 325312 30533 83224 118270 122731 354758 11876533 6856293 0.88630 0.85650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36764 36570 194 473454 390462 82992 95866 90880 4986 88172 RENT DEPOSIT 6500 RIGHT-OF-USE ASSETS, OPERATING 400488 406988 LEASE LIABILITIES, OPERATING 400488 400488 X 5151294 171538 404587 576125 4575169 0 4575169 5181108 171538 404587 576125 4604983 0 4604983 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 404,587. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 404,587. GALA-DINNER 1499775 1430128 69647 282158 208693 38080 22011 48920 NUTCRACKER TEA 208716 208716 33992 10020 36566 6305 1708491 1430128 278363 282158 242685 48100 58577 55225 686745 -408382 JULIA RIVERA EXECUTIVE DIRECTOR 110725 CONSULTING 0 X AUCTION ITEMS DONATED TO THE 2024 GALA 53 282158 FMV X SUPPLIES 10 4205 FMV 0 0 1 0 PART I, COLUMN (B): THE FIGURES IN COLUMN (B) REPRESENT THE NUMBER OF ITEMS THAT WERE DONATED TO THE ENTITY. FORM 990, PART VI, SECTION A, LINE 2 LORI MILKEN AND BARI MILKEN-BERNSTEIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B DURING THE YEAR ENDED JUNE 30, 2024, THERE WERE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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.