2014-01-13T11:00:26-06:00 2013-05-31 730604026 SARTAIN FISCHBEIN & CO 3010 S HARVARD AVE STE 400 TULSA OK 741146193 990 2012-06-01 730667485 TULSA BALLET THEATRE INC TULS 9187496030 1212 E 45TH PLACE TULSA OK 74105 WILLIAM P SCHONACHER 9187496030 2014-01-06 1 MIKE THORNBERRY P00104728 9187496601 2012 2015-11-30 17:44:51Z WILLIAM P SCHONACHER 1212 E 45TH PLACE TULSA OK 74105 4655255 0 X WWW.TULSABALLET.ORG X 1956 OK PRESERVE AND CREATE WORKS OF BALLET AND EDUCATE THROUGH TRAINING AND OUTREACH PROGRAMS. 45 43 77 80 0 0 2620663 2457021 1453158 1524188 10950 7999 337465 344726 4422236 4333934 64370 50200 0 0 2625373 2693456 0 0 112396 2786729 2571095 5476472 5314751 -1054236 -980817 11962055 11727343 1700271 2079924 10261784 9647419 X TULSA BALLET THEATRE, INC. IS A PROFESSIONAL BALLET COMPANY WHOSE MISSION IS TO SERVE AS AN ESSENTIAL ASSET OF ITS EXTENDED COMMUNITY THROUGH INTERNATIONALLY-ACCLAIMED ARTISTIC EXCELLENCE AND EXEMPLARY EDUCATION AND OUTREACH. (SEE SCHEDULE O FOR CONTINUATION)THE BALLET COMMITS TO PRESERVE THE TRADITION OF CLASSICAL BALLET, PROMOTE THE APPRECIATION OF CONTEMPORARY DANCE, CREATE WORKS OF SUPERIOR AND ENDURING QUALITY, AND EDUCATE THROUGH EXCEPTIONAL DANCE TRAINING, PERFORMANCES AND OUTREACH PROGRAMS. 0 0 3856220 1184103 TULSA BALLET ANNUALLY REACHES MORE THAN 40,000 INDIVIDUALS ACROSS OKLAHOMA AND SERVES AS AN OFFICIAL CULTURAL AMBASSADOR FOR THE STATE, LOCALLY, NATIONALLY AND INTERNATIONALLY. IN ADDITION TO BRINGING THE FINEST WORKS IN CLASSICAL AND CONTEMPORARY DANCE TO THE OKLAHOMA STAGE, AND TOURING NATIONALLY AND INTERNATIONALLY, TULSA BALLET HAS A DEDICATION TO THE CREATION OF NEW WORKS AND PRESENTS WORLD-PREMIERES BY RENOWNED CONTEMPORARY ARTISTS EACH YEAR. 362503 50200 479823 THE TULSA BALLET CENTER FOR DANCE EDUCATION (CDE) OFFERS DANCE TRAINING OF UNCOMPROMISING QUALITY. THE CURRICULUM EMPHASIZES CLASSICAL BALLET TECHNIQUE BASED ON THE RUSSIAN TRADITION OF TRAINING. THE CDE IS LED BY A FULL-TIME FACULTY OF PROFESSIONAL DANCERS AND LEADERS IN THE FIELD OF BALLET PEDAGOGY. THE PRE-PROFESSIONAL DIVISION OFFERS CLASSES FOR STUDENTS 8 TO 18. ADDITIONAL CLASSES ARE OFFERED FOR CHILDREN 3-5 (CREATIVE MOVEMENT), 6-9 (PREPARATORY BALLET) AND ADULTS WISHING TO BEGIN OR CONTINUE THEIR TRAINING. 212947 0 TULSA BALLET PROVIDES A VARIETY OF EDUCATIONAL OUTREACH PROGRAMS FOR THE EXTENDED COMMUNITY. THESE IMPORTANT PROGRAMS GIVE STUDENTS THE OPPORTUNITY TO EXPERIENCE THE ARTS AND TO SEE WORLD-CLASS DANCE. THE LEAPS AHEAD PROGRAM OFFERS AN IN-STUDIO BALLET CLASS FOR CHILDREN FROM LOCAL AT-RISK SCHOOLS AND LEAPS IN MOTION TAKES THE PROGRAM OUT INTO THE SCHOOLS. JOURNEY THROUGH DANCE, STUDENT MATINEES, PARTNERS IN ART AND HOPE FOR THE HOLIDAYS ARE PERFORMANCE BASED PROGRAMS THAT REACH THOUSANDS OF STUDENTS, FAMILIES AND ADULTS WHO ARE TYPICALLY UNDERSERVED BY ARTS PROGRAMMING. 4431670 1 1 0 1 0 0 0 1 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 1 95 0 1 77 1 0 0 0 0 0 1 1 0 0 0 0 X 45 43 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 OK X KAY WULF 9183925902 1212 E 45TH PLACE TULSA OK 74105 NANCY FELDMAN 1.00 0.00 X 0 0 0 CHERYL FORREST 6.00 0.00 X 0 0 0 JACKIE KOURI 6.80 0.00 X X 0 0 0 BETTY PIRNAT 9.50 0.00 X X 0 0 0 HANNAH ROBSON 2.90 0.00 X 0 0 0 GEORGIA SNOKE 3.50 0.00 X 0 0 0 SKIP TEEL 3.30 0.50 X 0 0 0 MOLLIE WILLIFORD 1.00 0.00 X 0 0 0 AMY ANDERSON 1.00 0.00 X 0 0 0 ALISON ANTHONY 1.00 0.00 X 0 0 0 BILLIE BARNETT 1.00 0.00 X X 0 0 0 GARY BLACK 1.00 0.00 X 0 0 0 ELISE BRENNAN 1.00 0.00 X 0 0 0 MARY WHEELER BROWN 3.00 0.00 X 0 0 0 DENNIS CAMERON 1.00 0.00 X 0 0 0 LARRY CHAMBERS 2.40 0.00 X 0 0 0 ROSALIE CHILDS 1.40 0.00 X 0 0 0 KATHLEEN COAN 1.00 0.00 X 0 0 0 REBECCA CREAL 1.30 0.00 X 0 0 0 JULIE FORRESTER-SELLERS 1.00 0.00 X 0 0 0 LON FOSTER 3.60 0.00 X X 0 0 0 JANIE FUNK 3.80 0.00 X 0 0 0 SARAH JANE GILLETT 3.60 0.00 X X 0 0 0 JACQUI HAGLUND 5.60 0.00 X X 0 0 0 EVELYN HATFIELD 1.00 0.00 X 0 0 0 ANDY KINSLOW 1.80 0.00 X 0 0 0 BONNIE KLEIN 1.00 0.00 X 0 0 0 SUZANNE KNEALE 1.10 0.50 X X 0 0 0 NICOLE MORGAN 2.60 0.00 X 0 0 0 MICHAEL NOLAND 3.40 1.00 X X 0 0 0 DONNA O'ROURKE 5.80 0.00 X X 0 0 0 CASSI REESE 2.00 0.00 X 0 0 0 BRANDON RULE 4.10 0.00 X 0 0 0 BILL SCHONACHER 11.00 0.50 X X 0 0 0 JULIE SMITH 1.30 0.50 X 0 0 0 WILL SMITH 1.00 0.00 X 0 0 0 BELYNDA SPITZER 1.50 0.00 X 0 0 0 BARBARA SYLVAN 2.90 0.00 X 0 0 0 PAUL WILLIAMS 1.00 0.00 X 0 0 0 MONICA WILLIFORD 1.00 0.00 X 0 0 0 MILT WOLFF 1.60 0.00 X 0 0 0 DEAN WYATT 1.00 0.00 X X 0 0 0 RACHEL ZEBROWSKI 1.00 0.00 X 0 0 0 JULIA HARPER 1.00 0.00 X 0 0 0 SOOHYUN JIN 1.40 0.00 X 0 0 0 MARCELLO ANGELINI 60.00 0.00 X 142405 0 9136 WILLIAM S BLACK 49.50 0.50 X 79010 0 564 221415 0 9700 1 0 1 0 THEATRICAL ACCOUNTING SERVICES PO BOX 701462 TULSA OK 74170 STAGEHANDS 270701 TULSA SYMPHONY ORCHESTRA INC 111 E 1ST ST 1 TULSA OK 74103 ORCHESTRA PERFORMANCES 124978 3 574917 951352 103740 827012 2457021 TICKET SALES 711120 1036365 1036365 SCHOOL INCOME 711120 479823 479823 CYGNET SOCIETY 711120 8000 8000 1524188 7999 7999 205921 68355 137566 137566 137566 235916 951352 222548 13368 13368 25950 350 25600 25600 58522 30068 28454 28454 MISCELLANEOUS 711120 139722 139722 GUILD INCOME 711120 16 16 139738 4333934 1663926 0 212987 50200 50200 251638 166492 85146 2034000 1667095 366905 160349 139486 20863 247469 193978 53491 29 29 27759 27759 2061 2061 438363 394458 43905 74890 33648 41242 22765 22765 233008 227494 5514 55277 55174 103 12429 10223 2206 58518 50214 8304 512271 438295 73976 15629 15629 PRODUCTION COSTS 905027 905027 WORKERS COMPENSATION 97161 86334 10827 EQUIPMENT RENTAL & MAIN 18081 7897 10184 DUES & FEES EXPENSE 8436 8436 89391 5655 15245 68491 5314751 4431670 770685 112396 105034 200148 912285 906575 286489 302183 20473 16530 171565 190018 13288176 4715317 9039248 8572859 101824 125014 1325137 1414016 11962055 11727343 204381 231797 423487 433276 1072403 1414851 1700271 2079924 X 7712310 6997945 1547899 1647899 1001575 1001575 10261784 9647419 11962055 11727343 X -980817 23190 200000 143262 X X 0 1 X 1 0 X 3703480 4417892 3402647 2620663 2457021 16601703 1378758 1534225 1251098 1454823 1524189 7143093 5082238 5952117 4653745 4075486 3981210 23744796 349164 1292957 774520 686791 870105 3973537 0 349164 1292957 774520 686791 870105 3973537 19771259 359831 413303 226774 220542 213920 1434370 359831 413303 226774 220542 213920 1434370 162201 108228 119048 215925 198260 803662 5604270 6473648 4999567 4511953 4393390 25982828 0.76090 0.73620 0.05520 0.04560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 0 0 0 0 0 0 0 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: BOARD MEMBERS AND STAFF WROTE LETTERS AND E-MAILS TO THE OKLAHOMA STATE LEGISLATORS LOBBYING FOR FUNDS FOR THE ARTS. NO EXPENSE REIMBURSEMENTS WERE MADE. 0 77000 X 0 4722226 26176 738448 176085 32474 5278291 4952595 -78804 151565 4722226 4371348 666990 85743 4952595 2968668 1143325 403442 144087 4371348 3965215 -861647 134900 2968668 0.00000 1.00000 0.00000 0 1 1 416240 416240 11180751 3181359 7999392 835652 702209 133443 855533 831749 23784 8572859 BENEFICIARY INTEREST IN TRUST ASSETS 1414016 1414016 X PART III, LINE 4: ARTWORK-BRONZE SCULPTURE-ROMEO & JULIET 09/05 52,000 ARTWORK-PORTRAIT-BALLET SLIPPERS 06/06 15,000 ARTWORK-PRINCE MONYO OF ROMANIA 09/06 10,000 ARTWORK RELATING TO BALLET FOR DISPLAY IN THEATRE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE PERMANENTLY RESTRICTED BY DONOR STIPULATION FOR THE PURPOSE OF SUPPORTING THE OPERATIONS OF THE BALLET. THE ENDOWMENT MAY DISTRIBUTE 4.5% OF THE AVERAGE MARKET VALUE OF THE PORTFOLIO FOR THE IMMEDIATELY PRECEDING THREE YEARS IN ORDER TO FUND BALLET OPERATIONS. FIN 48 (ASC 740) FOOTNOTE: ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES REQUIRES AN ENTITY TO RECOGNIZE A LIABILITY FOR TAX POSITIONS WHEN THERE IS A 50% OR GREATER LIKELIHOOD THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ENTITY IS LIABLE FOR TAXES TO THE EXTENT OF ANY UNRELATED BUSINESS INCOME AS DEFINED BY IRS REGULATIONS. THE BALLET BELIEVES THAT IT HAS NOT ENGAGED IN ANY UNRELATED BUSINESS INCOME AS DEFINED BY IRS REGULATIONS AND THAT IT IS MORE LIKELY THAN NOT THAT THIS POSITION WOULD BE SUSTAINED UPON EXAMINATION. AS SUCH, THERE WERE NO LIABILITIES RECORDED FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2013 AND 2012. THE LAST DANCE 67235 39485 27750 2178 500 11011 4847 ICONS & IDOLS 1098432 899366 199066 61796 52044 30466 54260 1 21601 12501 9100 482 2496 2145 323 1187268 951352 235916 64456 55040 43622 59430 222548 13368 25950 350 0 25950 350 350 25600 OK 0 OKLAHOMA DOES NOT HAVE A CENTRAL LICENSING PROCESS FOR GAMING VENDORS. THE GAMING ACTIVITIES ARE ANNUAL RAFFLE EVENTS, NOT REGULARLY CARRIED ON ACTIVITIES, OF TULSA BALLET THEATRE, INC. 0 0 0 0 0 1 LIVING EXPENSE STIPEND FOR STUDENTS ATTENDING TULSA BALLET II SCHOOL 8 50200 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL STUDENTS ATTENDING THE TULSA BALLET II SCHOOL ARE GIVEN A STIPEND OF $600-1,000 PER MONTH DURING THE SCHOOL SESSION TO HELP COVER LIVING EXPENSES. MONTHLY STIPENDS ARE ISSUED ONLY TO THOSE INDIVIDUALS CURRENTLY ENROLLED IN THE SCHOOL. X X X X 0 0 0 0 0 0 0 0 0 MARCELLO ANGELINI 139405 0 0 0 3000 0 0 0 9136 0 151541 0 0 0 BILL SCHONACHER CURRENT BOARD MEMBER 642505 BANK LOAN, LINE OF CREDIT, CASH MANAGEMENT FEES, CC PROCESSING FEES 0 BILL IS BOARD DIRECTOR / MARKET PRESIDENT FOR IBC BANK WHERE TULSA BALLET THEATRE, INC. HAS A $700,000 LINE OF CREDIT ($300,000 OUTSTANDING AS OF 5/31/2013) AND A REAL ESTATE LOAN (APPROX. $1,114,900 BALANCE AS OF 5/31/2013.) REAL ESTATE LOAN PAYMENTS MADE DURING THE FISCAL YEAR WERE $112,892.30, LOC PAYMENTS MADE WERE $480,520.17, AND CASH MANAGEMENT FEE PAYMENTS MADE DURING THE YEAR WERE $11,005.16. X 2 47480 PROCEEDS 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BETTY PIRNAT, TULSA BALLET IMMEDIATE PAST PRESIDENT, IS EMPLOYED AT AN EXEMPT ORGANIZATION OF WHICH HANNAH ROBSON, ANOTHER BOARD MEMBER, IS ASSOCIATED AS A BOARD DIRECTOR OF THAT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF TULSA BALLET THEATRE, INC. CONSIST OF ALL INDIVIDUALS, CORPORATIONS, LIMITED LIABILITY COMPANIES, PARTNERSHIPS, LIMITED PARTNERSHIPS, SOLE PROPRIETORSHIPS AND ANY OTHER LEGAL ENTITIES WHICH CONTRIBUTE FIVE HUNDRED DOLLARS OR MORE IN CASH OR CASH EQUIVALENTS (EXCLUDING THE SUBSCRIPTION AND PURCHASE OF TICKETS FOR PERFORMANCES OF THE BALLET COMPANY) TO THE TULSA BALLET UP TO AND INCLUDING THE LAST DAY (MAY 31) OF THAT CURRENT FISCAL YEAR. EACH MEMBER SHALL HAVE ONE VOTE IN MATTERS SUBMITTED TO A VOTE OF MEMBERS AND SHALL BE ENTITLED TO VOTE AT THE ANNUAL MEETING OF THE MEMBERS FOLLOWING ANY FISCAL YEAR DURING WHICH SUCH MEMBER IS QUALIFIED. FORM 990, PART VI, SECTION A, LINE 7A THE TULSA BALLET BOARD OF DIRECTORS IS MADE UP OF SEVEN CATEGORIES OF DIRECTORS: FOUNDING DIRECTORS, PRESIDENT EMERITUS DIRECTORS, THOSE DIRECTORS APPOINTED BY THE PRESIDENT, ELECTED DIRECTORS, EX-OFFICIO DIRECTORS, ADVISORY DIRECTORS AND HONORARY DIRECTORS. ELECTED DIRECTORS ARE ELECTED BY THE MEMBERS OF THE CORPORATION AT THE ANNUAL MEETING OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS HAS DELEGATED THE AUTHORITY TO REVIEW AND APPROVE THE FORM 990 TO THE EXECUTIVE COMMITTEE BEFORE FILING WITH THE IRS. ONCE THE EXECUTIVE COMMITTEE HAS APPROVED, THE CURRENT YEARS FORM 990 CONTAINING ALL SCHEDULES EXCEPT FOR SCHEDULE B IS ALSO PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ASKED TO REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE INTERESTS THAT COULD RESULT IN CONFLICTS AT THE BEGINNING OF EACH FISCAL YEAR. FURTHER, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CHANGES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR DETERMINING THE ARTISTIC DIRECTORS COMPENSATION CONSIDERING THE SIZE AND COMPLEXITY OF THE ORGANIZATION, THE MISSION, GEOGRAPHIC LOCATION AND FINANCIAL CONDITION OF THE ORGANIZATION, QUALIFICATIONS REQUIRED FOR THE JOB, ASSESSMENT OF PERFORMANCE USING PRE-DETERMINED GOALS, COMPENSATION LEVELS AT COMPARABLE ORGANIZATIONS, ORGANIZATION BUDGET AND COMPENSATION INCREASE PARAMETERS AS SET FORTH IN THE ARTISTIC DIRECTOR CONTRACT. THE COMPENSATION COMMITTEE WORKS IN CONJUNCTION WITH ARTISTIC DIRECTOR AND MANAGING DIRECTOR TO REVIEW AND APPROVE RECOMMENDED COMPENSATION LEVELS FOR MANAGING DIRECTOR, ARTISTIC AND ADMINISTRATIVE STAFFS WHICH ARE ALSO BASED ON THE VARIABLES LISTED ABOVE, AS APPROPRIATE. THE RATIONALE AND DATA USED FOR ALL DECISIONS ARE DOCUMENTED BY THE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS MADE AVAILABLE TO THE PUBLIC VIA THE WWW.GUIDESTAR.COM WEBSITE AND UPON REQUEST. THE ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: NET EQUITY TRANSFER FROM TULSA BALLET THEATRE TRUST FUND 143,262. THE CONSOLIDATED FINANCIAL STATEMENTS OF TULSA BALLET THEATRE, INC. AND TULSA BALLET THEATRE TRUST FUND(SEPARATE FORM 990) WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. SEE SCHEDULE R. THE AUDIT COMMITTEE SHALL CONSIST OF AT LEAST THREE BOARD MEMBERS, NONE OF WHOM CAN BE THE CURRENT TULSA BALLET TREASURER. THE BOARD MAY ALSO APPOINT UP TO TWO NON-BOARD MEMBERS WITH SPECIAL FINANCIAL EXPERTISE WHO SHALL SERVE AS VOTING MEMBERS OF THE COMMITTEE. TO ENSURE THAT THE COMMITTEE IS INDEPENDENT, NONE OF THE COMMITTEE MEMBERS MAY BE BALLET STAFF. THE PRIMARY DUTIES AND RESPONSIBILITY OF THE AUDIT COMMITTEE ARE TO RECOMMEND TO THE BOARD OF DIRECTORS, ON AN ANNUAL BASIS, A FIRM OF CERTIFIED PUBLIC ACCOUNTANTS TO CONDUCT A FINANCIAL AUDIT OF THE CORPORATION; AND TO PROVIDE OVERSIGHT OF THE CORPORATION'S INTERNAL FINANCIAL AND ACCOUNTING CONTROLS ON BEHALF OF THE BOARD OF DIRECTORS. TULSA BALLET THEATRE TRUST FUND 1212 E 45TH PLACE TULSA OK 74105 731165420 SUPPORT ORGANIZATION OF TULSA BALLET OK 501(C)(3) LINE 11 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 TULSA BALLET THEATRE TRUST FUND S 164438 CASH TULSA BALLET THEATRE TRUST FUND R 21176 CASH