2013-05-14T13:06:30-05:00 2012-06-30 954749365 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2011-07-01 201819852 LOS ANGELES BALLET INC LOSA 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 THORDAL CHRISTENSEN 3104888890 2013-05-14 1 ALAN HARRISON P00157337 6267933600 2013-05-14 2011 2016-02-24 21:20:13Z JULIE WHITTAKER 11755 EXPOSITION BLVD LOS ANGELES CA 90064 2332345 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 49 46 0 0 303415 1109360 221978 994257 0 0 306907 151406 832300 2255023 0 0 0 0 367229 788950 0 0 203465 632518 1421354 999747 2210304 -167447 44719 120766 216299 194570 245384 -73804 -29085 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 1774866 1092969 THE ORGANIZATION HAD 3 PRODUCTIONS: THE NUTRACKER, SWAN LAKE AND NEXT WAVE LA FROM JULY 1, 2011 TO JUNE 30, 2012.EACH PRODUCTION RECEIVED A SERIES OF PERFORMANCES IN MULTIPLE VENUES IN THE LOS ANGELES AREA. THE NUTRACKER PERFORMED IN 3 VENUES, SWAN LAKE PERFORMED IN 5 VENUES AND NEXT WAVE LA PERFORMED IN 3 VENUES. 1774866 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 20 0 1 49 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 WHITTAKER 3104888890 11755 EXPOSITION BLVD LOS ANGELES CA 90064 THORDAL CHRISTENSEN 65.00 X X 39375 0 0 COLLEEN NEARY 65.00 X X 39375 0 0 JULIE WHITTAKER 65.00 X X 39375 0 0 ROBERTA K DAHL 4.00 X 0 0 0 GHADA IRANI 1.00 X 0 0 0 JENNIFER BELLAH MAGUIRE 3.00 X 0 0 0 TAMAR MANOUKIAN 1.00 X 0 0 0 BARI MILKEN 3.00 X 0 0 0 LORI MILKEN 3.00 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 20.00 X 13125 0 0 131250 0 0 0 0 0 0 0 225700 883660 1109360 PERFORMANCE REVENUE 711120 994257 994257 994257 98712 0 98712 98712 98712 130016 225700 77322 52694 52694 2255023 1092969 0 52694 137500 82500 27500 27500 560720 434320 85620 40780 18058 18058 72672 53791 11774 7107 32238 32238 192731 154185 38546 36174 12058 12058 12058 7780 3890 1945 1945 27125 27125 533101 433907 49597 49597 28334 26350 1984 15658 14116 771 771 117077 104545 6266 6266 PRODUCTION EXPENSE 302848 302848 CREDIT CARD SERVICE CHA 64721 59149 5572 MUSIC & ORCHESTRA EXPEN 22813 22813 MARKETING & FUND RAISIN 22204 6661 2220 13323 18550 18550 2210304 1774866 231973 203465 39114 79681 4317 6191 450 54754 9000 170092 108419 71885 61673 5000 5000 120766 216299 143667 221964 934 8434 3334 49969 11652 194570 245384 X -278304 -100639 204500 71554 -73804 -29085 120766 216299 44719 0 X X 0 1 1 X 0 X 545469 539108 776020 757967 1109360 3727924 545469 539108 776020 757967 1109360 3727924 1176512 2551412 193 10390 6388 98712 115683 3843607 3992074 0.66380 0.99440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13218 3545 9673 148774 97707 51067 8100 7167 933 61673 2255023 2210304 44719 44719 2443373 188350 188350 2255023 0 2255023 2398654 188350 188350 2210304 0 2210304 GALA-DINNER 309948 225700 84248 20574 33984 4800 4817 GUILD 45768 45768 13147 1 355716 225700 130016 20574 33984 4800 17964 77322 52694 BOARD MEMBERS TO PROVIDE ADDITIONAL SUPPORT FOR CASHFLOW PURPOSES. X 11000 3334 0 1 1 3334 LOS ANGELES BALLET SCHOOL THE SCHOOL IS OWNED BY THE TWO ARTISTIC DIRECTORS & THE EXECUTIVE DIRECTOR. 11652 LOAN BALANCE OUTSTANDING AT 6/30/12 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 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 BOTH 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.