2014-05-15T10:11:04-05:00 2013-06-30 450250958 EIDE BAILLY LLP 5299 DTC BLVD SUITE 1000 GREENWOOD VILLAGE CO 80111 990 2012-07-01 846038137 COLORADO BALLET COMPANY COLO 3038378888 1278 LINCOLN STREET DENVER CO 80203 MARK CHASE 3038378888 2014-05-12 1 KYLE FRITCH CPA P01313374 3037705700 2014-05-12 2012 2015-11-30 17:44:51Z MARK CHASE 1278 LINCOLN STREET DENVER CO 80203 10036338 0 X WWW.COLORADOBALLET.ORG X 1961 CO PRESENTING CLASSICAL BALLET & INNOVATIVE DANCE THAT ENHANCES THE CULTURAL LIFE OF OUR COMMUNITY. 53 52 202 300 0 0 2429449 5691209 4125993 4146167 1464 1002 111743 97897 6668649 9936275 12175 67178 0 0 3236462 3167814 6376 43524 469340 3195710 3190099 6450723 6468615 217926 3467660 951804 6193955 1353207 3127698 -401403 3066257 X OUR MISSION IS TO PRESENT EXCEPTIONAL QUALITY CLASSICAL BALLET AND INNOVATIVE DANCE THROUGH PERFORMANCES, TRAINING AND EDUCATION PROGRAMS THAT ARE INTEGRAL TO THE CULTURAL LIFE OF OUR COMMUNITY. 0 0 3475383 3288307 PERFORMANCES: COLORADO BALLET REMAINS COMMITTED TO PRODUCING THE HIGHEST QUALITY DANCE. EACH SEASON FEATURES TECHNICALLY-CHALLENGING CLASSICAL BALLET WITH INNOVATIVE CONTEMPORARY PREMIERS. OUR 30 PROFESSIONAL DANCERS COME FROM ALL OVER THE WORLD, INCLUDING JAPAN, RUSSIA, ESTONIA, CUBA, CANADA, FRANCE AND THE UNITED STATES. THE BALLET COMPANY PERFORMED 47 SHOWS OF FOUR DIFFERENT PRODUCTIONS. THE 2012-2013 SEASON OPENED OCTOBER 5, 2012 AND CLOSED MARCH 31, 2013 SERVING A TOTAL AUDIENCE OF APPROXIMATELY 72,177 PEOPLE. OF THIS, 1,410 TICKETS WERE GIVEN FOR THE ARTREACH CHARITY PROGRAM, FOREGOING $113,814 IN REVENUE. THE BALLET ALSO PARTICIPATED IN THE 5 BY 5 CHARITY PROGRAM, SERVING 983 INDIVIDUALS DURING THE SEASON, FOREGOING AN AVERAGE OF $23,624 IN PERFORMANCE REVENUE. 879203 67178 926977 EDUCATION AND ACADEMY: COLORADO BALLET ENHANCES THE CULTURAL LIFE OF COLORADO THROUGH EDUCATION AND OUTREACH PROGRAMS THAT SERVE STUDENTS, TEACHERS, FAMILIES, PEOPLE WITH DISABILITIES AND LIFELONG LEARNERS OF COLORADO. THE MISSION IS "EVERY. BODY. DANCE!" THE GOAL IS TO MAKE DANCE ACCESSIBLE TO EVERYONE, TO PROMOTE DANCE AND MOVEMENT AS PART OF A HEALTHY LIFESTYLE, TO ENCOURAGE CREATIVITY AND EXPRESSION THROUGH DANCE, AND TO FOSTER AN APPRECIATION FOR BALLET. COLORADO BALLET'S EDUCATION AND OUTREACH PROGRAMS HAD MORE THAN 60,000 CONTACTS IN THE COMMUNITY DURING THE 2012-2013 SEASON AND ARE CHARITABLE IN NATURE.COLORADO BALLET ACADEMY PROVIDES TRAINING TO STUDENTS AGE THREE THROUGH ADULT, BEGINNER THROUGH PROFESSIONAL, UTILIZING THE FAMED VAGANOVA METHOD OF BALLET TRAINING. THE ACADEMY HAS HONED THE DANCE SKILLS OF THOUSANDS OF STUDENTS, AS WELL AS STARTED THE CAREERS OF MANY PROFESSIONAL DANCERS. THE ACADEMY PROVIDES THE HIGHEST QUALITY DANCE TRAINING TO ALL STUDENTS IN A PROFESSIONAL ENVIRONMENT AND OFFERS TWO LOCATIONS - THE CENTRAL ACADEMY IN DOWNTOWN DENVER AND THE SOUTH ACADEMY IN CENTENNIAL. $67,178 IN SCHOLARSHIPS WAS GRANTED DURING THE 2012-2013 SEASON. 4354586 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 1 37 0 1 202 1 0 0 0 0 0 1 1 0 0 0 0 X 53 52 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 CO X X MARK CHASE 3038378888 1278 LINCOLN STREET DENVER CO 802032114 MERRY LOGAN 2.00 X X 0 0 0 WILLIAM TRYON 2.00 X X 0 0 0 HOLLY BAROWAY 2.00 X X 0 0 0 JEAN ARMSTRONG 1.00 X 0 0 0 LISA LEVIN APPEL 1.00 X 0 0 0 LACEE ARTIST 1.00 X 0 0 0 BRENT BACKES 1.00 X 0 0 0 CRAIG BROWN 1.00 X 0 0 0 SARAH SEMPLE BROWN 1.00 X 0 0 0 AIMEE SPORER CAPLIS 1.00 X 0 0 0 JENNIFER E COLLINS 1.00 X 0 0 0 CASEY CORTESE 1.00 X 0 0 0 WENDEE N CROWLEY 1.00 X 0 0 0 SANDY ELLIOTT 1.00 X 0 0 0 STEPHANIE FOOTE 1.00 X 0 0 0 JAYNE FORD 1.00 X 0 0 0 ANN FRICK 1.00 X 0 0 0 ANNE M HILLARY 1.00 X 0 0 0 AUNA JORNAYVAZ 1.00 X 0 0 0 GAIL KASSAN 1.00 X 0 0 0 ELIZABETH KATKIN 1.00 X 0 0 0 EMMA KEYSER 1.00 X 0 0 0 MARY LOU BLACKLEDGE KORTZ 1.00 X 0 0 0 HENNY LASLEY 1.00 X 0 0 0 KATHY BARRETT LEE 1.00 X 0 0 0 CINDY MEANY 1.00 X 0 0 0 PAUL MUELLER 1.00 X 0 0 0 SALLY MURRAY 1.00 X 0 0 0 MARC MUSYL 1.00 X 0 0 0 MONICA OWENS 1.00 X 0 0 0 DAVE RAMSAY 1.00 X 0 0 0 BARBARA R REED MD 1.00 X 0 0 0 REBEL SAFFOLD III 1.00 X 0 0 0 DICK SAUNDERS 1.00 X 0 0 0 SUZAN SCHLATTER 1.00 X 0 0 0 BRAD SONNENBERG 1.00 X 0 0 0 HARRY M STERLING 1.00 X 0 0 0 NANCY STEVENS 1.00 X 0 0 0 TONGA R STIMPSON 1.00 X 0 0 0 JANE VIRGILIO 1.00 X 0 0 0 CINAMON WATSON 1.00 X 0 0 0 PATRICIA WILSON 1.00 X 0 0 0 RISA L WOLF-SMITH 1.00 X 0 0 0 JOANNE ZBOYAN 1.00 X 0 0 0 ANNA BATES 1.00 X 0 0 0 PAUL MESSINGER 1.00 X 0 0 0 RUTH SILVER 1.00 X 0 0 0 GLENEEN BRIENZA 2.00 X 0 0 0 CHERI RUBIN 2.00 X 0 0 0 JOANNE POSNER-MAYER 2.00 X 0 0 0 DON JAKSA 2.00 X 0 0 0 DUKE HARTMAN 2.00 X 0 0 0 JANE NETZORG 2.00 X 0 0 0 RAYDEAN ACEVEDO 2.00 X 0 0 0 CAMI COOPER 2.00 X 0 0 0 SUSAN W BAILEY 2.00 X 0 0 0 MARIE BELEW WHEATLEY 40.00 X 138616 0 6766 GIL BOGGS 40.00 X 145158 0 21561 283774 0 28327 2 0 1 0 ACCENTURE LLP PO BOX 70629 CHICAGO IL 60673 CONSULTING SERVICES 317351 CMC GROUP INC 2000 S COLORADO BLVD DENVER CO 80222 CONSTRUCTION 198602 SEMPLE BROWN DESIGN PC 1160 SANTA FE DRIVE DENVER CO 80204 ARCHITECTURE AND DESIGN 155525 3 92872 587320 5011017 112243 5691209 PERFORMANCE REVENUE 711120 3229262 3229262 ACADEMY TUITION 711120 910597 910597 6308 6308 4146167 1002 1002 22108 0 22108 22108 22108 66611 92872 37831 28780 28780 109241 62232 47009 47009 9936275 4215284 0 29782 67178 67178 304489 162803 56674 85012 2520155 2010953 326678 182524 44702 43354 1348 99059 89430 4793 4836 199409 155750 22893 20766 31768 31768 43524 43524 477876 477876 331707 331707 12671 8372 3995 304 65139 573 64566 316452 236776 79676 7735 5064 1264 1407 3959 1074 1990 895 18454 18454 54275 38549 15726 335450 297361 29318 8771 PRODUCTION EXPENSES 1171330 1050029 0 121301 OTHER MANAGEMENT & GENE 174963 0 174963 0 OTHER PROGRAM EXPENSES 172230 172230 0 0 EDUCATION EXPENSES 15090 15090 0 1000 1000 6468615 4354586 1644689 469340 337957 1008824 101036 3083668 66818 26321 22734 19448 2175 29606 3018056 1091968 321084 1926088 100000 100000 951804 6193955 419604 680145 220979 290425 400000 1910000 220446 204950 92178 42178 1353207 3127698 X -682747 791650 181344 2174607 100000 100000 -401403 3066257 951804 6193955 3467660 0 X 0 1 X 1 0 X 1687184 2123328 2000576 2429449 5691209 13931746 4975252 4353469 4272654 4313186 4322019 22236580 6662436 6476797 6273230 6742635 10013228 36168326 216102 923420 593031 466862 3387840 5587255 0 216102 923420 593031 466862 3387840 5587255 30581071 2783 1911 1849 9908 23110 39561 2783 1911 1849 9908 23110 39561 36040 12190 48230 6665219 6514748 6287269 6752543 10036338 36256117 0.84350 0.90800 0.00110 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 318 318 100000 182437 758 83195 100000 181277 1160 182437 180308 1479 510 181277 180308 180308 1.00000 0 0 417450 417450 62641 62641 0 300108 257137 42971 2237857 772190 1465667 1926088 X 9930066 60969 60969 9869097 67178 67178 9936275 6462406 60969 60969 6401437 67178 67178 6468615 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO PROVIDE EDUCATIONAL, OUTREACH, SCHOLARSHIP, AND OPERATIONAL FUNDING. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE BALLET IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION (501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE BALLET IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE BALLET IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO OUR EXEMPT PURPOSE. WE HAVE DETERMINED WE ARE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. WE BELIEVE THAT WE HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AFFECTING IT ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE BALLET WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 4B - OTHER ADJUSTMENTS: $67,178 - TUITION ASSISTANCE NETTED WITH INCOME ON THE FINANCIAL STATEMENTS PART XII, LINE 4B - OTHER ADJUSTMENTS: $67,178 - TUITION ASSISTANCE NETTED WITH INCOME ON THE FINANCIAL STATEMENTS X X X X X X X 1 ALLIE COPPEAK 5200 S ULSTER STREET STE 1411 GREENWOOD VILLAGE CO 80111 FUNDRAISING CONSULTING FOR MAJOR DONORS AND APPRECIATION EVE 0 130224 24000 106224 THE KELLOGG ORGANIZATION 825 E SPEER BLVD STE 100D DENVER CO 80218 FUNDRAISING CONSULTING FOR CAPITAL CAMPAIGN 0 0 13500 -13500 130224 37500 92724 CO BALLETO DI GALA 159483 92872 66611 25838 7657 4336 159483 92872 66611 25838 7657 4336 37831 28780 1 TUITION ASSISTANCE 61 67178 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE AVAILABLE TO ACCEPTED STUDENTS IN THE BALLET PROGRAMS AT COLORADO BALLET ACADEMY. SCHOLARSHIP AWARDS ARE AT THE SOLE DISCRETION OF COLORADO BALLET AND ARE AWARDED FOR THE ENTIRE ACADEMY YEAR AS WELL AS SINGLE SESSIONS. SCHOLARSHIPS ARE GOOD TOWARDS TUITION AND MAY OR MAY NOT INCLUDE REGISTRATION FEES, BUT DO NOT INCLUDE PRODUCTION, COSTUME, OR AUDITION FEES. AWARDS ARE BASED ON THE OVERALL ACADEMY BUDGET FOR ANY YEAR AND CAN RANGE FROM PARTIAL OR FULL TUITION AWARDS. GRANTEES MUST COMPLETE AN APPLICATION, WHICH IS REVIEWED BY THE COLORADO BALLET ACADEMY. RECIPIENTS ARE NOTIFIED OF AWARDS BY EMAIL OR BY LETTER. GRANT FUNDS ARE APPLIED DIRECTLY TO THE STUDENTS' TUITION ACCOUNTS. THERE IS NO OPPORTUNITY FOR GRANT FUNDS TO BE USED FOR OTHER PURPOSES. SCHOLARSHIP RECIPIENTS ARE EXPECTED TO ABIDE BY ALL ACADEMY POLICIES SET FORTH IN THE STUDENT POLICIES. NON-COMPLIANCE CAN RESULT IN REVOCATION OF THE SCHOLARSHIP. X X 0 0 0 0 0 0 0 0 0 GIL BOGGS 145158 0 0 0 0 0 1795 0 19766 0 166719 0 0 0 RAYDEAN ACEVEDO GENERAL OPERATIONS X 500000 200000 0 1 1 RAYDEAN ACEVEDO GENERAL OPERATIONS X 70000 70000 0 1 1 DUKE HARTMAN GENERAL OPERATIONS X 100000 50000 0 1 1 MARIE WHEATLEY GENERAL OPERATIONS X 100000 90000 0 1 1 JOANNE POSNER-MAYER GENERAL OPERATIONS X 1500000 1500000 0 1 1 1910000 SANDRA BROWN FAMILY MEMBER OF AN OFFICER 46273 EMPLOYMENT 0 X 8 8600 COST/SELLING PRICE X 5 63211 COST OR SELLING PRICE X TRIPS AND TRAVEL 17 16900 COST/SELLING PRICE X TICKETS AND GIFTS CERTIFICATES 89 23532 COST/SELLING PRICE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION IS MANAGED BY AN EXECUTIVE COMMITTEE COMPRISED OF THE CHAIRMAN, VICE CHAIRMAN, SECRETARY, TREASURER, COMMITTEE CHAIRS, AND SUCH OTHER TRUSTEES AS MAY BE APPOINTED BY THE CHAIRMAN. THE CHAIRMAN SHALL APPOINT THE OTHER MEMBERS OF THE EXECUTIVE COMMITTEE SUBJECT TO APPROVAL BY RESOLUTION ADOPTED BY THE BOARD OF TRUSTEES. EACH MEMBER OF THE EXECUTIVE COMMITTEE SHALL BE A TRUSTEE OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE, WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF TRUSTEES EXCEPT TO THE EXTENT, IF ANY, THAT SUCH AUTHORITY SHALL BE LIMITED BY THE RESOLUTION APPOINTING THE EXECUTIVE COMMITTEE AND EXCEPT ALSO THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO AMEND THE ARTICLES OF INCORPORATION, ADOPT A PLAN OF MERGER OR CONSOLIDATION, CONDUCT THE SALE, LEASE, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ORGANIZATION, CAUSE A VOLUNTARY DISSOLUTION OF THE ORGANIZATION OR A REVOCATION THEREOF, OR AMENDING BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE PERFORMS A DETAILED REVIEW OF THE FORM 990. UPON COMPLETION OF THE FINANCE COMMITTEE'S REVIEW, A FINAL DRAFT IS E-MAILED TO THE ENTIRE GOVERNING BODY FOR FINAL APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS/TRUSTEES, PRINCIPAL OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS. EACH DIRECTOR/TRUSTEE, PRINCIPAL OFFICER, AND MEMBER OF COMMITTEES WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. THE EXECUTIVE COMMITTEE SHALL REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY BY REVIEWING ANNUAL STATEMENTS AND TAKING SUCH OTHER ACTIONS AS ARE NECESSARY FOR EFFECTIVE OVERSIGHT. THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS REVIEWED BY THE BOARD OF TRUSTEES AND/OR EXECUTIVE COMMITTEE. IF CONFLICTS ARE DETERMINED, THE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE MEETING/DECISIONS AND WILL REFRAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ARTISTIC DIRECTOR IS CONDUCTED ANNUALLY BY THE BOARD OF TRUSTEES. COMPENSATION LEVELS ARE DETERMINED BASED ON REVIEW OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN SIMILARLY SITUATED ORGANIZATIONS AS WELL AS THE INDIVIDUAL'S PERFORMANCE. OTHER EMPLOYEES' COMPENSATION AMOUNTS ARE DETERMINED AT THE DISCRETION OF EITHER THE ARTISTIC DIRECTOR OR THE EXECUTIVE DIRECTORS, OR BOTH IN CONSULTATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO, THE ORGANIZATION'S STATEMENT OF ACTIVITIES CAN BE FOUND IN THE ANNUAL REPORT ON THE COMPANY'S WEBSITE. 1075 SANTA FE DRIVE LLC 1075 SANTA FE DRIVE DENVER CO 80204 461871934 OWN AND OPERATE COLORADO BALLET FACILITY CO 1644773 COLORADO BALLET