2014-05-05T13:15:28-05:00 2013-06-30 954749365 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2012-07-01 201819852 LOS ANGELES BALLET INC LOSA 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 THORDAL CHRISTENSEN 3104888890 2014-04-14 1 ALAN HARRISON P00157337 6267933600 2014-04-14 2012 2015-11-30 17:44:51Z JULIE WHITTAKER 11755 EXPOSITION BLVD LOS ANGELES CA 90064 2468695 0 X WWW.LOSANGELESBALLET.ORG X 2004 CA TO PERFORM OUTSTANDING CLASSICAL AND MODERN BALLETS THAT SET THE STANDARD FOR DANCE IN LOS ANGELES. 14 10 52 50 0 0 1109360 1129400 994257 1080795 0 0 151406 61874 2255023 2272069 0 0 0 0 788950 778600 0 0 206773 1421354 1521082 2210304 2299682 44719 -27613 216299 305116 245384 361814 -29085 -56698 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 1876122 1180303 THE ORGANIZATION HAD 3 PRODUCTIONS: THE NUTRACKER, BALANCHINE FESTIVAL GOLD AND BALANCHINE FESTIVAL RED FROM JULY 1, 2012 TO JUNE 30, 2013.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!. 1876122 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 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 16 0 1 52 0 0 0 0 0 0 1 1 0 0 0 0 X 14 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X X JULIE ATHERTON 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 AAGE THORDAL CHRISTENSEN 65.00 X X 50000 0 2936 COLLEEN THORDAL - CHRISTENSEN 65.00 X X 50000 0 2936 JULIE ATHERTON 65.00 X X 45000 0 0 ROBERTA K DAHL 2.00 X 0 0 0 GHADA IRANI 1.00 X 0 0 0 JENNIFER BELLAH MAGUIRE 1.00 X 0 0 0 TAMAR MANOUKIAN 1.00 X 0 0 0 BARI MILKEN 1.00 X 0 0 0 LORI MILKEN 1.00 X 0 0 0 DR JAMES MURRAY 1.00 X 0 0 0 VICKI NEUMAN 1.00 X 0 0 0 JEANETTE TREPP 1.00 X 0 0 0 JEFF PLOURDE 1.00 X 0 0 0 CATHERINE KANNER 30.00 X 15000 0 0 160000 0 5872 0 0 0 0 0 426809 702591 5000 1129400 PERFORMANCE REVENUE 711120 1080795 1080795 1080795 99508 0 99508 99508 99508 158992 426809 196626 -37634 -37634 2272069 1180303 0 -37634 167729 116578 31635 19516 525416 422770 66004 36642 16254 16254 69201 53549 9942 5710 20306 20306 214584 193126 21458 32727 10910 10908 10909 6237 2091 2092 2054 28750 28750 557024 429675 63675 63674 32081 29854 2227 21518 15240 3139 3139 114281 100563 6859 6859 PRODUCTION (CREW, SET, 225706 225706 MARKETING & FUND RAISIN 97747 67125 30622 CREDIT CARD SERVICE CHA 93341 87151 6190 GUEST ARTISTS, OTHER DA 42780 42780 34000 34000 2299682 1876122 216787 206773 79681 66013 6191 34675 54754 109344 9000 0 220021 129937 61673 90084 5000 5000 216299 305116 221964 240013 8434 30934 3334 78334 11652 12533 245384 361814 X -100639 -122672 71554 65974 -29085 -56698 216299 305116 -27613 0 X X 0 1 X 1 0 X 539108 776020 757967 1109360 973591 4156046 539108 776020 757967 1109360 973591 4156046 1449895 2706151 10390 6388 98712 99508 214998 4371044 4408433 0.61910 0.99440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13218 4368 8850 193703 116469 77234 13100 9100 4000 90084 X 2438778 166709 166709 2272069 0 2272069 2466391 166709 166709 2299682 0 2299682 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIVES 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, RESPECTIVLY, AFTER THEY ARE FILED. GALA-DINNER 548062 426809 121253 131165 43361 10506 GUILD 37739 37739 11594 1 585801 426809 158992 131165 43361 22100 196626 -37634 BOARD MEMBERS TO PROVIDE ADDITIONAL SUPPORT FOR CASHFLOW PURPOSES. X 11000 3334 0 1 1 BOARD MEMBERS TO MANAGE A VERY LARGE STATE FUND WORKERS COMPENSATION PREMIUM DEPOSIT. X 75000 75000 0 1 1 78334 LOS ANGELES BALLET SCHOOL THE SCHOOL IS OWNED BY THE TWO ARTISTIC DIRECTORS & THE EXECUTIVE DIRECTOR. 12533 LOAN BALANCE OUTSTANDING AT 6/30/13 TO FUND CASH SHORTFALLS AND SETTLE CERTAIN SHARED FACILITY EXPENSES. 0 LOS ANGELES BALLET SCHOOL THE SCHOOL IS OWNED BY THE TWO ARTISTIC DIRECTORS & THE EXECUTIVE DIRECTOR. 90000 THE SCHOOL PAYS THE ORGANIZATION FOR RENT AT FAIR VALUE. IN ADDITION, THE SCHOOL DOES NOT BENEFIT FROM RENT DISCOUNTS PROVIDED BY THE LANDLORD. 0 X 1 5000 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 THE WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES. 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.