DANCE RING: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- DANCE RING (EIN 13-2903944)
- Tax period
- 2012-08-01 to 2013-07-31
- Filed
- 2014-06-10
- IRS object ID
- 201401619349300960
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-06-10T16:44:22-05:00 | Timestamp |
| Tax Period End Date | 2013-07-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271728945 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR DAVIES LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE | AddressLine1 |
| City | HARRISON | City |
| State | NY | State |
| ZIP Code | 105281633 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-08-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132903944 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DANCE RING INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DANC | NameControl |
| Phone | 2126790401 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 EAST 10TH STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10003 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DIANA BYER | Name |
| Title | ACTING EXECUTIVE DIRECTOR | Title |
| Phone | 2126790401 | Phone |
| Date Signed | 2014-06-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARBARA VAN BERGEN | Name |
| PTIN | P00967804 | PTIN |
| Phone | 9143818900 | Phone |
| Date Prepared | 2014-06-05 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK THEATRE BALLET | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DIANA BYER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 EAST 10TH STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1065695 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.NYTB.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1978 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | BALLET ORGANIZATION DEDICATED TO PRODUCING AND PERFORMING HIGH QUALITY BALLET THEATER AT A MODEST COST AND ON A SCALE THAT MAKES THE ART FORM HIGHLY ACCESSIBLE TO VIEWING AUDIENCES PRIMARILY IN NEW YORK CITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 36 | TotalNbrEmployees |
| Total Nbr Volunteers | 19 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 449148 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 528446 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 493423 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 499555 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 18372 | OtherRevenuePriorYear |
| Other Revenue Current Year | -5118 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 960945 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1022883 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 284593 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 461606 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 55167 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 670479 | OtherExpensePriorYear |
| Other Expenses Current Year | 746318 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 955072 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1207924 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5873 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -185041 | RevenuesLessExpensesCY |
| Total Assets BOY | 90130 | TotalAssetsBOY |
| Total Assets EOY | 67617 | TotalAssetsEOY |
| Total Liabilities BOY | 58209 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 220737 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 31921 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -153120 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | NEW YORK THEATRE BALLET'S (NYTB) MISSION IS TO INSPIRE A LOVE OF DANCE AND TO MAKE ITS PERFORMANCES ACCESSIBLE TO ALL AUDIENCES BY MAINTAINING AFFORDABLE TICKET PRICES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 880520 | Expense |
| Revenue | 504693 | Revenue |
| Description | SEE SCHEDULE O - NEW YORK THEATRE BALLETNYTB PERFORMS CHAMBER BALLET MASTERPIECES AND COMMISSIONS BOLD NEW WORKS BY EMERGING CHOREOGRAPHERS ALONG WITH INNOVATIVE 1-HOUR BALLETS FOR CHILDREN. THE MISSION IS CARRIED OUT IN THE WORK OF THE PROFESSIONAL COMPANY, ITS ASSOCIATED BALLET SCHOOL NY AND ITS LIFT COMMUNITY SERVICE PROGRAM. WORKING TOGETHER THESE DIVISIONS REACH ADULTS AND FAMILIES ACROSS THE COUNTRY BUILDING A LOVE FOR BALLET AND CREATING AUDIENCES FOR THE FUTURE.FOUNDED IN 1978, NYTB IS THE MOST WIDELY SEEN CHAMBER BALLET COMPANY IN THE UNITED STATES HAVING TOURED FROM COAST TO COAST AND INTERNATIONALLY FOR OVER 30 YEARS. IT OFTEN INTRODUCES AUDIENCES FOR THE FIRST TIME TO BALLETS CREATED BY GREAT MASTERS, AS WELL AS TO ITS WILDLY POPULAR 1-HOUR STORY BALLETS. NYTB BRINGS COMMUNITIES TOGETHER WITH MASTER CLASSES, LECTURES, TALK-BACKS AND MEET & GREETS. WHENEVER POSSIBLE, LOCAL CHILDREN ARE ASKED TO APPEAR WITH THE COMPANY. ITS ROSTER INCLUDES DANCES BY FREDERICK ASHTON, AGNES DE MILLE, JOSE LIMON, ANTONY TUDOR, MERCE CUNNINGHAM, AND RICHARD ALSTON. ITS PERFORMANCES PROVIDE AN INTIMATE, LIVE BALLET EXPERIENCE FOR ALL AUDIENCES. IN FY13, NYTB PERFORMANCES REACHED AN AUDIENCE OF 32,963 INCLUDING 2,563 WHO ATTENDED FREE-OF-CHARGE. SIGNATURESTHE NATIONALLY ACCLAIMED SIGNATURES SERIES FEATURES RESTORATIONS AND REVIVALS OF MASTERWORKS WITH IMPECCABLE FIDELITY TO ORIGINAL MOVEMENTS AND GESTURES AS WELL AS TO AUTHENTIC SETS, COSTUMES AND PROPS AS DOCUMENTED BY HISTORICAL RECORDS. CELEBRATED DANCERS WHO HAVE PERFORMED THESE MASTERWORKS WITH OTHER COMPANIES ARE INVITED TO WORK WITH THE COMPANY TO ENSURE THE CONTINUITY OF THE BALLETS' INTEGRITY ON NYTB'S STAGE.AS A COUNTERPOINT TO THE PERFORMANCE OF HISTORICALLY ACCLAIMED BALLETS, EXCITING CONTEMPORARY WORKS BY EMERGING CHOREOGRAPHERS ARE SHOWCASED. WHENEVER POSSIBLE, NYTB INVITES CHOREOGRAPHERS TO CREATE NEW WORKS FOR THE COMPANY. AUDIENCES HAVE THE OPPORTUNITY TO PARTICIPATE IN Q&A'S WITH THE DANCERS AND CHOREOGRAPHERS AFTER THE PERFORMANCES. THE RESULT IS AN ILLUMINATING UNDERSTANDING OF HOW THE ART OF BALLET IS EVOLVING.ONCE UPON A BALLETNYTB IS COMMITTED TO BUILDING AN APPRECIATION OF BALLET AMONG PRESCHOOL AND GRADE SCHOOL YOUNGSTERS. IN ADDITION TO PERFORMING FOR THE GENERAL PUBLIC, THE COMPANY REACHES OUT TO CHILDREN WHO HAVE LIMITED EXPOSURE TO THE PERFORMING ARTS--AND TO DANCE IN PARTICULAR-- DUE TO SEVERE REDUCTIONS IN PUBLIC EDUCATION ARTS FUNDING. ONCE UPON A BALLET FILLS THIS SERIOUS VACUUM. IT IS A FULL SEASON OF TIME-SHORTENED MINIATURES OF CLASSIC STORY BALLETS, PERFECTLY SUITED FOR THE SHORT ATTENTION SPAN OF YOUNG VIEWERS 3-8 YEARS OF AGE. CLASSICS SUCH AS CINDERELLA AND THE NUTCRACKER CAPTURE THE IMAGINATIONS OF YOUNGSTERS FOR WHOM BALLET IS A NEW FORM OF STORY-TELLING. THIS PROGRAM AWAKENS YOUNG MINDS, NOURISHES THE SPIRIT OF AUDIENCES YOUNG AND OLD, AND SERVES TO ENCOURAGE THE LOVE OF BALLET AMONG FUTURE AUDIENCES. TO WIDEN THE REACH OF THIS IMPORTANT INITIATIVE, NYTB SOLICITS PRIVATE FUNDING TO ENSURE ATTENDANCE BY CHILDREN LIVING IN UNDER-SERVED NEIGHBORHOODS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 139406 | Expense |
| Description | SEE SCHEDULE O - LIFT PROGRAMNYTB'S UNIQUE LIFT COMMUNITY SERVICES PROGRAM PROVIDES TUITION-FREE BALLET CLASSES FOR AT-RISK AND DISADVANTAGED CHILDREN, AND HAS TRANSFORMED THE LIVES OF HUNDREDS OF CHILDREN. LIFT STUDENTS PARTICIPATE IN CLASSES WITH NON-SCHOLARSHIP STUDENTS. THE CLASSES ARE ONLY A BEGINNING. LIFT GIVES THE CHILDREN SUSTAINED ATTENTION IN A STABLE, CARING ENVIRONMENT. IT INCREASES THEIR SELF-ESTEEM AND TEACHES THEM WHAT IT TAKES TO ACHIEVE A GOAL USING THE DISCIPLINE OF BALLET AS A TOOL. IT LEADS THEM TO DISCOVER THAT WHAT REALLY MATTERS IS FOCUS, DISCIPLINE AND HOW HARD THEY WORK, NOT WHERE THEY COME FROM. LIFT ALUMNI INCLUDE A WORLD-CLASS DANCER WHO HAS PERFORMED AROUND THE GLOBE, YOUNGSTERS WHO HAVE DANCED IN BILLY ELLIOT AND SOUTH PACIFIC ON BROADWAY, AND OTHERS WHO HAVE MADE IT THROUGH HIGH SCHOOL AND COLLEGE AND ALL THE WAY TO GRADUATE SCHOOL.LIFT PROVIDED SCHOLARSHIPS TO 28 STUDENTS IN FY13. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1019926 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 24 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 36 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIANA BYER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2126790401 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 EAST 10TH STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10003 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DIANA BEYER | ||||||
| PRESIDENT | 40.00 | X | X | 42158 | 0 | 0 |
| RICHARD BERMAN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CATHERINE O'HARA | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JULIE TURAJ | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| SARAH FRANK | ||||||
| CHAIR | 5.00 | X | 0 | 0 | 0 | |
| MARTINE GUERRIER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MARY MCLARNON | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| KAS RIGAS | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| ELLEN SILLS LEVY | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| ALAN KUSINITZ | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| CATHY LONGIOTTI | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| SARAH STACKHOUSE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| SUSAN SUTHEERLAND | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JESSICA GOLDEN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 42158 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 87085 | FundraisingEvents |
| Government Grants | 78615 | GovernmentGrants |
| All Other Contributions | 362746 | AllOtherContributions |
| Noncash Contributions | 5000 | NoncashContributions |
| Total Contributions | 528446 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PERFORMANCE ADMISSIONS | 611600 | 310525 | 310525 |
| PERFORMANCE CONTRACT | 611600 | 113750 | 113750 |
| TUITION | 611600 | 60395 | 60395 |
| BALLET SCHOOL SERVICE | 900099 | 14885 | 14885 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 499555 | TotalProgramServiceRevenue |
| Gross Income Fundraising Events | 28150 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 87085 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 42812 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -14662 | TotalRevenueColumn |
| Exclusion | -$14,662 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 5138 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5138 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5138 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 4406 | TotalRevenueColumn |
| Exclusion | $4,406 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4406 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1022883 | TotalRevenueColumn |
| Related Or Exempt Function Income | 504693 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$10,256 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47327 | Total |
| Program Services | 35495 | ProgramServices |
| Management And General | 7099 | ManagementAndGeneral |
| Fundraising | 4733 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337673 | Total |
| Program Services | 302057 | ProgramServices |
| Management And General | 26539 | ManagementAndGeneral |
| Fundraising | 9077 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2070 | Total |
| Program Services | 1801 | ProgramServices |
| Management And General | 191 | ManagementAndGeneral |
| Fundraising | 78 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74536 | Total |
| Program Services | 64841 | ProgramServices |
| Management And General | 6873 | ManagementAndGeneral |
| Fundraising | 2822 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7500 | Total |
| Management And General | 7500 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79933 | Total |
| Program Services | 50572 | ProgramServices |
| Management And General | 9075 | ManagementAndGeneral |
| Fundraising | 20286 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104006 | Total |
| Program Services | 104006 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58322 | Total |
| Program Services | 1500 | ProgramServices |
| Management And General | 56822 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24790 | Total |
| Program Services | 24790 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141006 | Total |
| Program Services | 141006 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24762 | Total |
| Program Services | 24762 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4344 | Total |
| Management And General | 4344 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13729 | Total |
| Program Services | 13458 | ProgramServices |
| Management And General | 271 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9218 | Total |
| Program Services | 9218 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| COMPLIMENTARY TICKETS | 92155 | 92155 |
| PRODUCTION FEES | 81061 | 81061 |
| TUITION | 50304 | 50304 |
| COMMISSIONS | 19450 | 19450 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35738 | Total |
| Program Services | 3450 | ProgramServices |
| Management And General | 14117 | ManagementAndGeneral |
| Fundraising | 18171 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1207924 | Total |
| Program Services | 1019926 | ProgramServices |
| Management And General | 132831 | ManagementAndGeneral |
| Fundraising | 55167 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5848 | BOY |
| EOY | 25998 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6733 | BOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11504 | BOY |
| EOY | 8979 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2318 | BOY |
| EOY | 1712 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22785 | BOY |
| EOY | 3830 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 486644 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 459546 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40827 | BOY |
| EOY | 27098 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90130 | BOY |
| EOY | 67617 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38501 | BOY |
| EOY | 162339 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9250 | BOY |
| EOY | 46940 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10458 | BOY |
| EOY | 10458 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58209 | BOY |
| EOY | 220737 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11921 | BOY |
| EOY | -208120 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20000 | BOY |
| EOY | 55000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31921 | BOY |
| EOY | -153120 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90130 | BOY |
| EOY | 67617 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -185041 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 344585 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 270721 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 361205 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 449148 | CurrentTaxYearMinus1Year |
| Current Tax Year | 528446 | CurrentTaxYear |
| Total | 1954105 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 531737 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 575715 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 538402 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 499896 | CurrentTaxYearMinus1Year |
| Current Tax Year | 532843 | CurrentTaxYear |
| Total | 2678593 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 876322 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 846436 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 899607 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 949044 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1061289 | CurrentTaxYear |
| Total | 4632698 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 55995 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 37000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 40608 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 41078 | CurrentTaxYearMinus1Year |
| Current Tax Year | 64524 | CurrentTaxYear |
| Total | 239205 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 55995 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 37000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 40608 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 41078 | CurrentTaxYearMinus1Year |
| Current Tax Year | 64524 | CurrentTaxYear |
| Total | 239205 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 4393493 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 2 | CurrentTaxYearMinus1Year |
| Total | 2 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 2 | CurrentTaxYearMinus1Year |
| Total | 2 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 20535 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 266 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11899 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4406 | CurrentTaxYear |
| Total | 37106 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 876322 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 866971 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 899873 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 960945 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1065695 | CurrentTaxYear |
| Total | 4669806 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.94080 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.93540 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2009 AMOUNT: $ 20,535. 2010 AMOUNT: $ 266. 2011 AMOUNT: $ 11,899. 2012 AMOUNT: $ 4,406. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 486644 | OtherCostOrOtherBasis |
| Depreciation | 459546 | Depreciation |
| Book Value | 27098 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 27098 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO BALLET SCHOOL OF NY | Description |
| Amount | $10,458 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 10458 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 1043883 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 21000 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 21000 | RevenueNotRptdF990 |
| Revenue Subtotal | 1022883 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1022883 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1228924 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 21000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 21000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1207924 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1207924 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE ORGANIZATION RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2010. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BALL IN THE PARK | NameOfEvent1 |
| Gross Receipts Event1 | 95305 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 71505 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 23800 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 16451 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 12695 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 550 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 8791 | OtherDirectExpensesEvent1 |
| Name Of Event2 | MAY DINNER | NameOfEvent2 |
| Gross Receipts Event2 | 19930 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 15580 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 4350 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 4325 | FoodAndBeverageEvent2 |
| Gross Receipts Total | 115235 | GrossReceiptsTotal |
| Charitable Contributions Total | 87085 | CharitableContributionsTotal |
| Gross Revenue Total Events | 28150 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 16451 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 17020 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 550 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 8791 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 42812 | DirectExpenseSummaryEvents |
| Net Income Summary | -14662 | NetIncomeSummary |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Relationship With OrganizationRelationshipWithOrganization | Purpose Of LoanPurposeOfLoan | Loan To OrganizationLoanToOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement | Loan From OrganizationLoanFromOrganization |
|---|---|---|---|---|---|---|---|---|
| DIANA BYER | ||||||||
| PRESIDENT OF THE ORGANIZATION | WORKING CAPITAL | X | $9,250 | 46940 | 0 | 0 | 0 | |
| DIANA BYER | ||||||||
| PRESIDENT OF THE ORGANIZATION | EMPLOYEE ADVANCE | $2,318 | 1712 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 48652 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED WITH THE EXECUTIVE DIRECTOR AND BOARD CHAIR. ONCE IT IS READY FOR FILING ALL BOARD MEMBERS ARE PROVIDED AN ELECTRONIC COPY OF THE FORM 990 FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ("INSIDERS"). EACH INSIDER SHALL DISCLOSE TO THE BOARD ALL MATERIAL FACTS REGARDING HIS OR HER INTEREST IN THE TRANSACTION, PROMPTLY UPON LEARNING OF THE PROPOSED TRANSACTION. WITH REGARD TO AN INSIDER, THE BOARD SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE INSIDER(S) AND ANY OTHER INTERESTED PERSON(S) INVOLVED WITH THE TRANSACTION SHALL NOT BE PRESENT DURING THE BOARD'S DISCUSSION OR DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS. THE BOARD MAY ASK QUESTIONS OF AND RECEIVE PRESENTATION(S) FROM THE INSIDER(S) AND ANY OTHER INTERESTED PERSON(S), BUT SHALL DELIBERATE AND VOTE ON THE TRANSACTION IN THEIR ABSENCE. THE BOARD SHALL ASCERTAIN THAT ALL MATERIAL FACTS REGARDING THE TRANSACTION AND THE INSIDER'S CONFLICT OF INTEREST HAVE BEEN DISCLOSED TO THE BOARD AND SHALL COMPILE APPROPRIATE DATA, SUCH AS COMPARABILITY STUDIES, TO DETERMINE FAIR MARKET VALUE FOR THE TRANSACTION. AFTER EXERCISING DUE DILIGENCE, WHICH MAY INCLUDE INVESTIGATING ALTERNATIVES THAT PRESENT NO CONFLICT, THE BOARD SHALL DETERMINE WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE TO THE ORGANIZATION; THE MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD THEN IN OFFICE MAY APPROVE THE TRANSACTION. THE MINUTES OF ANY MEETING OF THE BOARD PURSUANT TO THIS POLICY SHALL CONTAIN THE NAME OF EACH INSIDER WHO DISCLOSED OR WAS OTHERWISE DETERMINED TO HAVE AN INTEREST IN A TRANSACTION; THE NATURE OF THE INTEREST AND WHETHER IT WAS DETERMINED TO CONSTITUTE A CONFLICT OF INTEREST; ANY ALTERNATIVE TRANSACTIONS CONSIDERED; THE MEMBERS OF THE BOARD WHO WERE PRESENT DURING THE DELIBERATIONS ON THE TRANSACTION, THOSE WHO VOTED ON IT, AND TO WHAT EXTENT INTERESTED PERSONS WERE EXCLUDED FROM THE DELIBERATIONS; ANY COMPARABILITY DATA OR OTHER INFORMATION OBTAINED AND RELIED UPON BY THE BOARD AND HOW THE INFORMATION WAS OBTAINED; AND THE RESULT OF THE VOTE, INCLUDING, IF APPLICABLE, THE TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE DATE IT WAS APPROVED. EACH DIRECTOR, CORPORATE OFFICER, TOP MANAGEMENT OFFICIAL, TOP FINANCIAL OFFICIAL, AND KEY EMPLOYEE OF THE ORGANIZATION, SHALL ANNUALLY SIGN A STATEMENT ON THE FORM ATTACHED, THAT: AFFIRMS THAT THE PERSON HAS RECEIVED A COPY OF THIS CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY; AND DISCLOSES THE PERSON'S FINANCIAL INTERESTS AND FAMILY RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. TO ENSURE THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, THE BOARD SHALL AUTHORIZE AND OVERSEE AN ANNUAL REVIEW OF THE ADMINISTRATION OF THIS CONFLICT OF INTEREST POLICY. THE REVIEW MAY BE WRITTEN OR ORAL. THE REVIEW SHALL CONSIDER THE LEVEL OF COMPLIANCE WITH THE POLICY, THE CONTINUING SUITABILITY OF THE POLICY, AND WHETHER THE POLICY SHOULD BE MODIFIED AND IMPROVED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. |
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