2013-02-27T09:14:55-06:00 2012-05-31 730604026 SARTAIN FISCHBEIN & CO 3010 S HARVARD AVE STE 400 TULSA OK 741146193 990 2011-06-01 730667485 TULSA BALLET THEATRE INC TULS 9187496030 1212 E 45TH PLACE TULSA OK 74105 BETTY PIRNAT 9187496030 2013-02-11 1 MIKE THORNBERRY P00104728 9187496601 2011 2016-03-07 17:11:31Z BETTY PIRNAT 1212 E 45TH PLACE TULSA OK 74105 4796111 0 X WWW.TULSABALLET.ORG X 1956 OK PRESERVE AND CREATE WORKS OF BALLET AND EDUCATE THROUGH TRAINING AND OUTREACH PROGRAMS. 44 42 79 80 0 0 2718173 2620663 1251098 1453158 5671 10950 -21416 337465 3953526 4422236 57450 64370 0 0 2775412 2625373 0 0 97692 2322289 2786729 5155151 5476472 -1201625 -1054236 15263815 11962055 1410191 1700271 13853624 10261784 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 4032715 1172318 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. 372617 459588 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. 221466 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. 4626798 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 1 78 0 1 79 1 0 0 0 0 0 1 1 0 0 0 0 X 44 42 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X KAY WULF 9183925902 1212 E 45TH PLACE TULSA OK 74105 NANCY FELDMAN 1.00 X 0 0 0 CHERYL FORREST 16.70 X 0 0 0 JACKIE KOURI 4.10 X 0 0 0 HANNAH ROBSON 1.00 X 0 0 0 GEORGIA SNOKE 5.20 X 0 0 0 SKIP TEEL 1.00 X 0 0 0 MOLLIE WILLIFORD 1.00 X 0 0 0 RYAN ALDEN 1.00 X 0 0 0 AMY ANDERSON 1.00 X X 0 0 0 ALISON ANTHONY 1.00 X 0 0 0 PATTIE BOWMAN 1.00 X 0 0 0 MARY WHEELER BROWN 2.50 X 0 0 0 RON BROWN 2.00 X 0 0 0 LARRY CHAMBERS 1.00 X 0 0 0 ROSALIE CHILDS 1.20 X 0 0 0 KATHLEEN COAN 3.30 X 0 0 0 REBECCA CREAL 2.80 X 0 0 0 CHARLOTTE EDMUNDSON 3.10 X 0 0 0 JULIE FORRESTER-SELLERS 1.10 X 0 0 0 LON FOSTER 4.40 X X 0 0 0 JANIE FUNK 2.40 X 0 0 0 SARAH JANE GILLETT 2.30 X X 0 0 0 JACQUI HAGLUND 2.60 X X 0 0 0 EVELYN HATFIELD 1.00 X 0 0 0 SUZANNE KNEALE 2.10 X X 0 0 0 JIM MCCARTHY 9.20 X 0 0 0 NICOLE MORGAN 1.80 X 0 0 0 MICHAEL NOLAND 1.30 X 0 0 0 MARK PERKINS 1.00 X 0 0 0 BETTY PIRNAT 18.10 X X 0 0 0 CASSIE REESE 1.20 X 0 0 0 ISAAC ROCHA 1.00 X 0 0 0 BRANDON RULE 2.60 X 0 0 0 BILL SCHONACHER 3.90 X X 0 0 0 JULIE SMITH 1.20 X 0 0 0 BELYNDA SPITZER 1.30 X 0 0 0 BARBARA SYLVAN 1.40 X 0 0 0 KATHY WEST 6.50 X 0 0 0 PAUL WILLIAMS 1.00 X 0 0 0 DEAN WYATT 1.00 X X 0 0 0 RACHEL ZEBROWSKI 1.80 X 0 0 0 DANA BALDWIN 1.00 X 0 0 0 HEATHER JOHNSON 1.00 X 0 0 0 DUSTIN THAMES 1.00 X 0 0 0 MARCELLO ANGELINI 60.00 X 132319 0 9187 WILLIAM S BLACK 50.00 X 73493 0 533 205812 0 9720 1 0 0 0 THEATRICAL ACCOUNTING SERVICES PO BOX 701462 TULSA OK 74170 STAGEHANDS 239014 COMMUNITY CARE HMO INC 218 W 6TH STREET TULSA OK 74119 HEALTH INSURANCE 170896 TULSA SYMPHONY ORCHESTRA INC 111 E 1ST ST 1 TULSA OK 74103 ORCHESTRA PERFORMANCES 124956 TEXOMA PRINT SERVICES 126 N 3RD DURANT OK 74701 MARKETING 100049 4 588911 957531 106766 967455 2620663 TICKET SALES 711120 945565 945565 SCHOOL INCOME 711120 457923 457923 CYGNET SOCIETY 711120 49670 49670 1453158 12170 12170 208373 70918 137455 137455 137455 1220 -1220 -1220 -1220 253952 957531 265354 -11402 -11402 30205 443 29762 29762 53630 35940 17690 17690 MISCELLANEOUS 711120 163831 163831 GUILD INCOME 711120 129 129 163960 4422236 1615898 0 185675 64370 64370 223145 145770 77375 2005839 1629769 376070 161895 137370 24525 234494 180153 54341 3 3 25299 25299 2025 2025 475292 408500 66792 76138 33848 42290 17141 17141 239082 237814 1268 56045 55982 63 3580 92 3488 47739 39495 8244 516370 448648 67722 9674 9674 PRODUCTION COSTS 1140039 1140039 WORKERS COMPENSATION 87897 78054 9843 MISCELLANEOUS 46986 4371 11715 30900 COMPETITION EXPENSE 19253 19253 24166 3270 20896 5476472 4626798 751982 97692 200376 105034 912285 363344 286489 44785 20473 161576 171565 13230446 4191198 9541139 9039248 4952595 101824 0 1325137 15263815 11962055 187528 204381 404741 423487 817922 1072403 1410191 1700271 X 9098913 7712310 319054 1547899 4435657 1001575 13853624 10261784 15263815 11962055 X -1054236 -2537604 X X 0 1 1 X 0 X 7808116 3703480 4417892 3402647 2620663 21952798 1258055 1378758 1534225 1251098 1454823 6876959 9066171 5082238 5952117 4653745 4075486 28829757 2987787 349164 1292957 774520 686791 6091219 0 2987787 349164 1292957 774520 686791 6091219 22738538 187986 359831 413303 226774 220542 1408436 187986 359831 413303 226774 220542 1408436 42604 162201 108228 119048 215925 648006 9296761 5604270 6473648 4999567 4511953 30886199 0.73620 0.69900 0.04560 0.03850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 77000 X 0 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 11180752 2748800 8431952 795477 634691 160786 837977 807707 30270 9039248 BENEFICIARY INTEREST IN TRUST ASSETS 1325137 1325137 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. SINATRA BALL 405901 324547 81354 102714 ICONS & IDOLS 786232 622484 163748 160430 1 19350 10500 8850 2210 1211483 957531 253952 265354 265354 -11402 30205 443 0 30205 443 443 29762 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 10 64370 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 $600-800 PER MONTH DURING THE SCHOOL SESSION TO HELP COVER LIVING EXPENSES. MONTHLY STIPENDS ARE ISSUED ONLY TO THOSE INDIVIDUALS CURRENTLY ENROLLED IN THE SCHOOL. BILL SCHONACHER CURRENT BOARD MEMBER 287588 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 $500,000 LINE OF CREDIT ($332,500 OUTSTANDING AS OF 5/31/2012) AND A REAL ESTATE LOAN (APPROX. $740,000 BALANCE AS OF 5/31/2012.) REAL ESTATE LOAN PAYMENTS MADE DURING THE FISCAL YEAR WERE $117,514.56, LOC PAYMENTS MADE WERE $119,153.77, AND CASH MANAGEMENT FEE PAYMENTS MADE DURING THE YEAR WERE $6,731.98. X MISC GOODS & SERVICES 12 101157 FMV 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BETTY PIRNAT, THE BOARD 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 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 5: NET UNREALIZED LOSSES ON INVESTMENTS: -15,047. PRIOR PERIOD ADJUSTMENT: BENEFICIAL INTEREST IN IRREVOCABLE TRUSTS 1,257,850. PRIOR PERIOD ADJUSTMENT: TULSA BALLET THEATRE TRUST FUND BEGINNING ASSETS -3,931,970. EQUITY TRANSFER FROM TULSA BALLET THEATRE TRUST FUND 151,565. ROUNDING -2. TOTAL TO FORM 990, PART XI, LINE 5: -2,537,604. 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. IN PREVIOUS YEARS THE ENDOWMENT FUND ASSETS OF TULSA BALLET THEATRE TRUST FUND (TRUST FUND), A RELATED EXEMPT ORGANIZATION, WERE BEING REPORTED ON TULSA BALLET THEATRE, INC'S BALANCE SHEET. SINCE THE TRUST FUND'S ASSETS ARE REPORTED ON A SEPARATE FORM 990, A PRIOR YEAR ADJUSTMENT OF $3,931,970 HAS BEEN MADE TO REMOVE THESE ASSETS. 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 TULSA BALLET THEATRE TRUST FUND R 151565