BALLET LUBBOCK: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BALLET LUBBOCK (EIN 51-0163294)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-22
- IRS object ID
- 201200829349300835
- Schema version
- 2010v3.7
- 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 | 2012-03-22T15:44:58-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACCOUNTING & CONSULTING GROUP LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2403 82ND ST | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 794232300 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510163294 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BALLET LUBBOCK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BALL | NameControl |
| Phone | 8067853090 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5702 GENOA AVE | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79424 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NICHOLAS DRAGGA | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 8067853090 | Phone |
| Date Signed | 2012-03-19 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JIMMY D PENDERGRASS | Name |
| Phone | 8067456789 | Phone |
| Date Prepared | 2012-03-21 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NICHOLAS DRAGGA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5702 GENOA AVE | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79424 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1434348 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BALLETLUBBOCK.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1969 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE CLASSICAL BALLET TRAINING TO STUDENTS FROM AGE THREE TO ADULT, TO MAINTAIN A PRE-PROFESSIONAL PERFORMING COMPANY, AND TO MAKE CLASSICAL DANCE ACCESSIBLE TO THE ENTIRE COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 51 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 3200 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 2200 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 143482 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 127398 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 339744 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 340512 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1233 | InvestmentIncomePriorYear |
| Investment Income Current Year | 669 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 25498 | OtherRevenuePriorYear |
| Other Revenue Current Year | 32003 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 509957 | TotalRevenuePriorYear |
| Total Revenue Current Year | 500582 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 227130 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 229512 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 29097 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 331217 | OtherExpensePriorYear |
| Other Expenses Current Year | 331713 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 558347 | TotalExpensesPriorYear |
| Total Expenses Current Year | 561225 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -48390 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -60643 | RevenuesLessExpensesCY |
| Total Assets BOY | 906516 | TotalAssetsBOY |
| Total Assets EOY | 817028 | TotalAssetsEOY |
| Total Liabilities BOY | 255087 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 226242 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 651429 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 590786 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE CLASSICAL BALLET TRAINING TO STUDENTS FROM AGE THREE TO ADULT, TO MAINTAIN A PRE-PROFESSIONAL PERFORMING COMPANY, AND TO MAKE CLASSICAL DANCE ACCESSIBLE TO THE ENTIRE COMMUNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 293327 | Expense |
| Revenue | 180014 | Revenue |
| Description | HIGH CALIBER BALLET INSTRUCTION TO MEMBERS OF THE COMMUNITY AT AFFORDABLE TUITION CHARGES AND SCHOLARSHIPS SUPPLEMENTED BY GRANTS AND DONATIONS SO AS TO MAKE BALLET INSTRUCTION AVAILABLE TO A LARGE SEGMENT OF THE POPULATION. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 178899 | Expense |
| Revenue | 141439 | Revenue |
| Description | PERFORMACE OF BALLET AT AFFORDABLE ADMISSION CHARGES AND AT OUTREACH PERFORMACES SUPPLEMENTED OR PROVIDED BY GRANTS AND INTENDED TO EXPOSE BALLET TO THOSE WHO MAY NOT OTHERWISE HAVE SUCH AN OPPORTUNITY TO INCREASE APPRECIATION OF BALLET. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 472226 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | false | ScheduleORequired |
| Number Forms Transmitted With1096 | 63 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | false | ComplianceWithBackupWitholding |
| Number Of Employees | 51 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SARA PENDLEY | NamePerson |
| Telephone Number | 8067853090 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5702 GENOA | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79424 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| NICHOLAS DRAGGA | ||||||
| EXEC DIRECTO | 40.00 | X | X | 38853 | 0 | 0 |
| LAURA BERRY | ||||||
| EXEC DIRECTO | 40.00 | X | X | 19119 | 0 | 0 |
| BROOKE ALLISON | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| NATHALEE LOWRIE | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| TINA THOMPSON | ||||||
| GUILD PRESID | 1.00 | X | X | 0 | 0 | 0 |
| BRIANA INGRAM | ||||||
| DIRECTOR | 1.00 | X | X | 0 | 0 | 0 |
| TANGELA LOVERING | ||||||
| DIRECTOR | 1.00 | X | X | 0 | 0 | 0 |
| SCOTT FARIS | ||||||
| VP NOMINATIO | 1.00 | X | X | 0 | 0 | 0 |
| CHRISTIE BILLING | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SHYRLE HILL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| HELEN LIGGETT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BETH STALEY | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |
| LAURA VINSON | ||||||
| VICE PRESIDE | 1.00 | X | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 57972 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 127398 | AllOtherContributions |
| Total Contributions | 127398 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| PROGRAM EVENTS | 293506 | 293506 |
| ANNUAL FUND RAISING EVENTS | 27354 | 27354 |
| ADVERTISING | 17000 | 17000 |
| MISCELLANEOUS | 2652 | 2652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 340512 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 669 | TotalRevenueColumn |
| Exclusion | $669 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 965769 | GrossIncomeGaming |
| Gaming Direct Expenses | 933766 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32003 | TotalRevenueColumn |
| Unrelated Business Revenue | 3200 | UnrelatedBusinessRevenue |
| Exclusion | $28,803 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 500582 | TotalRevenueColumn |
| Related Or Exempt Function Income | 340512 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 3200 | UnrelatedBusinessRevenue |
| Exclusion | $29,472 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57972 | Total |
| Program Services | 49276 | ProgramServices |
| Management And General | 5797 | ManagementAndGeneral |
| Fundraising | 2899 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144880 | Total |
| Program Services | 123148 | ProgramServices |
| Management And General | 14488 | ManagementAndGeneral |
| Fundraising | 7244 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9048 | Total |
| Program Services | 7691 | ProgramServices |
| Management And General | 905 | ManagementAndGeneral |
| Fundraising | 452 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17612 | Total |
| Program Services | 14970 | ProgramServices |
| Management And General | 1761 | ManagementAndGeneral |
| Fundraising | 881 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7700 | Total |
| Management And General | 7700 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22531 | Total |
| Program Services | 22531 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20844 | Total |
| Program Services | 7032 | ProgramServices |
| Management And General | 9643 | ManagementAndGeneral |
| Fundraising | 4169 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33978 | Total |
| Program Services | 26076 | ProgramServices |
| Management And General | 6204 | ManagementAndGeneral |
| Fundraising | 1698 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 528 | Total |
| Program Services | 264 | ProgramServices |
| Management And General | 264 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12723 | Total |
| Program Services | 10815 | ProgramServices |
| Management And General | 1272 | ManagementAndGeneral |
| Fundraising | 636 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20525 | Total |
| Program Services | 17446 | ProgramServices |
| Management And General | 2052 | ManagementAndGeneral |
| Fundraising | 1027 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8016 | Total |
| Program Services | 6814 | ProgramServices |
| Management And General | 801 | ManagementAndGeneral |
| Fundraising | 401 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| NUTCRACKER | 115980 | 115980 | ||
| SPRING PERFORMANCE | 25927 | 25927 | ||
| FALL PERFORMANCE | 17021 | 17021 | ||
| SUMMER WORKSHOP | 11907 | 11907 | ||
| GUILD | 11723 | 4103 | 1172 | 6448 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22310 | Total |
| Program Services | 11225 | ProgramServices |
| Management And General | 7843 | ManagementAndGeneral |
| Fundraising | 3242 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 561225 | Total |
| Program Services | 472226 | ProgramServices |
| Management And General | 59902 | ManagementAndGeneral |
| Fundraising | 29097 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5765 | BOY |
| EOY | 993 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 342058 | BOY |
| EOY | 277108 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5573 | BOY |
| EOY | 1150 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2438 | BOY |
| EOY | 7621 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 761276 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 231120 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 550682 | BOY |
| EOY | 530156 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 906516 | BOY |
| EOY | 817028 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13235 | BOY |
| EOY | 15667 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241852 | BOY |
| EOY | 210575 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255087 | BOY |
| EOY | 226242 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 651429 | BOY |
| EOY | 585786 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 5000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 651429 | BOY |
| EOY | 590786 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 906516 | BOY |
| EOY | 817028 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -60643 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | 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 | 126841 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 151115 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 151061 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 143482 | CurrentTaxYearMinus1Year |
| Current Tax Year | 121496 | CurrentTaxYear |
| Total | 693995 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 270531 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 274687 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 301511 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1094268 | CurrentTaxYearMinus1Year |
| Current Tax Year | 340512 | CurrentTaxYear |
| Total | 2281509 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 501781 | CurrentTaxYearMinus1Year |
| Current Tax Year | 396140 | CurrentTaxYear |
| Total | 897921 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 397372 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 425802 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 452572 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1739531 | CurrentTaxYearMinus1Year |
| Current Tax Year | 858148 | CurrentTaxYear |
| Total | 3873425 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 3873425 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4293 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2533 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 211 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1233 | CurrentTaxYearMinus1Year |
| Current Tax Year | 669 | CurrentTaxYear |
| Total | 8939 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4293 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2533 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 211 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1233 | CurrentTaxYearMinus1Year |
| Current Tax Year | 669 | CurrentTaxYear |
| Total | 8939 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 2200 | CurrentTaxYear |
| Total | 2200 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 401665 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 428335 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 452783 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1740764 | CurrentTaxYearMinus1Year |
| Current Tax Year | 861017 | CurrentTaxYear |
| Total | 3884564 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99710 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99650 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.01000 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 79061 | OtherCostOrOtherBasis |
| Book Value | 79061 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 537700 | OtherCostOrOtherBasis |
| Depreciation | 102698 | Depreciation |
| Book Value | 435002 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49649 | OtherCostOrOtherBasis |
| Depreciation | 49649 | Depreciation |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41146 | OtherCostOrOtherBasis |
| Depreciation | 32832 | Depreciation |
| Book Value | 8314 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 53720 | OtherCostOrOtherBasis |
| Depreciation | 45941 | Depreciation |
| Book Value | 7779 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 530156 | TotalOfBookValueLandBuildings |
| Total Revenue | 500582 | TotalRevenue |
| Total Expenses | 561225 | TotalExpenses |
| Excess Or Deficit For Year | -60643 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -60643 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 500582 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 500582 | RevenueSubtotal |
| Total Revenue Per Form990 | 500582 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 561225 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 561225 | ExpensesSubtotal |
| Total Expenses Per Form990 | 561225 | TotalExpensesPerForm990 |
Schedule G IRS990ScheduleG
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Bingo | 396140 | GrossRevenueBingo |
| Cash Prizes Bingo | 265000 | CashPrizesBingo |
| Rent Facility Costs Bingo | 31336 | RentFacilityCostsBingo |
| Other Direct Expenses Bingo | 71001 | OtherDirectExpensesBingo |
| Volunteer Labor Bingo | false | VolunteerLaborBingo |
| Gross Revenue Pull Tabs | 569629 | GrossRevenuePullTabs |
| Cash Prizes Pull Tabs | 421170 | CashPrizesPullTabs |
| Rent Facility Costs Pull Tabs | 43569 | RentFacilityCostsPullTabs |
| Other Direct Expenses Pull Tabs | 101690 | OtherDirectExpensesPullTabs |
| Volunteer Labor Pull Tabs | false | VolunteerLaborPullTabs |
| Volunteer Labor Other Gaming | false | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 965769 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 686170 | CashPrizesTotalGaming |
| Rent Facility Costs Total Gaming | 74905 | RentFacilityCostsTotalGaming |
| Other Direct Expenses Total Gaming | 172691 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 933766 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 32003 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | TX | StatesWhereGamingConducted |
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | true | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Percentage Of Gaming Othr Facility | 1.00000 | PercentageOfGamingOthrFacility |
| Name Of Gaming Rec Keeper Person | DONNA PIERCE | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 N LOOP 289 | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79415 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | LYDIA HOCKENBERRY | GamingManagerNamePerson |
| Gaming Manager Services Provided | MANAGE GAMES, HIRE PERSONNEL, OCC REPORT | GamingManagerServicesProvided |
| Gaming Manager Is Director Officer | X | GamingManagerIsDirectorOfficer |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | true | CharitableDistribRequired |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS | FORM 990, PAGE 6, PART VI, LINE 4 | BYLAWS OF BALLET LUBBOCK, INC. ORIGINALLY WRITTEN IN MARCH 1969 LAST REVISION APRIL 13, 2011 ARTICLE I:NAME THE NAME OF THE ORGANIZATION SHALL BE BALLET LUBBOCK, AS INCORPORATED UNDER THE LAWS OF THE STATE OF TEXAS AND EFFECTIVE AS OF THIS DATE, MARCH 7, 1969. ARTICLE II:ARTICLES OF ORGANIZATION THE ARTICLES OF ORGANIZATION OF BALLET LUBBOCK, INC. INCLUDE (A) THE BYLAWS OF SUCH ORGANIZATION AND (B) THE CERTIFICATE OF INCORPORATION OR ARTICLES OF INCORPORATION OF SUCH ORGANIZATION. ARTICLE III:PURPOSE THE ARTICLES OF ORGANIZATION OF BALLET LUBBOCK SHALL BE TO PROMOTE, SUPPORT AND MAINTAIN A REGIONAL BALLET COMPANY FOR THE CITY OF LUBBOCK AND THE SURROUNDING AREA. THIS WILL INCLUDE ENCOURAGEMENT AND SUPPORT OF YOUNG PEOPLE INTERESTED IN EDUCATION AND TRAINING FOR THE DANCE. BALLET LUBBOCK WILL MAKE EVERY EFFORT TO ENCOURAGE APPRECIATION AND UNDERSTANDING OF ALL FORMS OF DANCE. THE ORGANIZATION IS EXCLUSIVELY FOR EDUCATIONAL AND PERFORMING PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. ARTICLE IV:BASIC POLICIES THE FOLLOWING ARE BASIC POLICIES OF BALLET LUBBOCK, INC.: A.THE ORGANIZATION SHALL BE NON-COMMERCIAL, NONSECTARIAN AND NONPARTISAN. B.THE ORGANIZATION SHALL WORK TO QUALIFY DANCE EDUCATION FOR ALL CHILDREN AND YOUTH. C.NO PART OF THE NET EARNINGS OF THE ORGANIZATION SHALL INURE TO THE BENEFIT OF, OR BE DISTRIBUTED TO ITS DIRECTORS, TRUSTEES, OFFICERS, OR OTHER PRIVATE PERSONS EXCEPT THAT THE ORGANIZATION SHALL BE AUTHORIZED AND EMPOWERED TO PAY REASONABLE COMPENSATION TO ITS EMPLOYEES AND FOR SERVICES RENDERED. D.NOT WITH STANDING ANY OTHER PROVISIONS OF THESE ARTICLES, THE ORGANIZATION SHALL NOT CARRY ON ANY OTHER ACTIVITIES NOT PERMITTED TO BE CARRIED ON (A) BY AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR (B) BY AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170 (C)(2) OF THE INTERNAL REVENUE CODE. E.UPON THE DISSOLUTION OF THIS ORGANIZATION, AFTER PAYING OR ADEQUATELY PROVIDING FOR DEBTS AND OBLIGATIONS OF THE ORGANIZATION, THE REMAINING ASSETS SHALL BE DISTRIBUTED TO ONE OR MORE NON-PROFIT FUNDS, FOUNDATIONS OR ORGANIZATIONS WHICH HAVE ESTABLISHED THEIR TAX EXEMPTED STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, WHICH WILL BE DECIDED BY THE BOARD OF DIRECTORS. F.ALL PERSONNEL POLICIES SHALL BE FOUND IN THE PERSONNEL POLICIES HANDBOOK EFFECTIVE OCTOBER 9, 1996 AND TO BE AMENDED AS NEEDED. G.THE ORGANIZATION OF THE BALLET LUBBOCK GUILD WILL ADHERE TO THE BALLET LUBBOCK, INC. ARTICLES OF INCORPORATION AND THE 501(C)(3) INTERNAL REVENUE TAX CODE AND SHALL SERVE AS A SUPPORT ORGANIZATION TO BALLET LUBBOCK, INC. ARTICLE V:BOARD OF DIRECTORS 1.THE BOARD OF DIRECTORS SHALL CONSIST OF NOT MORE THAN TWENTY-FIVE (25) AND NOT LESS THAN TEN (10) ELECTED MEMBERS AND CERTAIN ADVISORY DIRECTORS, AS DESCRIBED IN PARAGRAPH 2B BELOW. 2.TERMS OF OFFICE A.THE TERM OF OFFICE FOR EACH MEMBER OF THE BOARD OF DIRECTORS SHALL COMMENCE THE FIRST DAY OF JULY AND CONTINUE UNTIL THE 30TH DAY OF JUNE, THREE (3) YEARS THEREAFTER. EACH BOARD MEMBER MAY SERVE TWO TERMS CONSECUTIVELY, AT THE END OF THE SECOND TERM THEY MUST NOT SERVE AS A BOARD MEMBER FOR AT LEAST A PERIOD OF 365 DAYS UNLESS OTHERWISE APPROVED BY THE BOARD OF DIRECTORS. B.IN ADDITION TO THE ELECTED MEMBERS OF THE BOARD, NON-VOTING ADVISORY DIRECTORS MAY BE SELECTED TO ASSIST THE BOARD'S ACTIVITIES. C.THE PRESIDENT'S TERM OF TWO (3) YEARS EXPIRES AT THE END OF THE OFFICER'S YEAR AS PRESIDENT, AND IF THAT INDIVIDUAL IS NOT ELIGIBLE TO SERVE, OR CHOOSES NOT TO SERVE ANOTHER TERM ON THE BOARD, HE/SHE MAY, AS IMMEDIATE PAST PRESIDENT SERVE AS AN EX-OFFICIO MEMBER OF THE EXECUTIVE COUNCIL AND AN EX-OFFICIO MEMBER OF THE BOARD OF DIRECTORS FOR THE YEAR IMMEDIATELY FOLLOWING HIS/HER TERM. 3.NOMINATIONS AND ELECTIONS OF BOARD MEMBERS A.THERE SHALL BE A NOMINATING COMMITTEE COMPOSED OF THREE (3) MEMBERS AND TWO (2) ALTERNATES WHO SHALL BE APPOINTED BY THE PRESIDENT. THE VICE PRESIDENT OF NOMINATIONS SHALL BE THE CHAIRMAN OF THIS COMMITTEE. THE PRESIDENT MAY NOT SERVE ON THIS COMMITTEE IN ANY CAPACITY. B.THE NOMINATING COMMITTEE SHALL SUBMIT A SLATE OF NOMINEES AT THE MAY MEETING. NOMINATIONS MAY BE OFFERED FROM THE FLOOR. SHOULD SUCH NOMINATIONS BE MADE, THE PRESIDENT SHALL HOLD THE ELECTION BY PLACE WITH SEPARATE VOTES FOR EACH OF THE VACANCIES TO BE FILLED. NO NAME SHALL BE PLACED IN NOMINATION UNLESS THE PERSON HAS CONSENTED TO SERVE AND HAS BEEN INFORMED THAT BOARD SERVICE REQUIRES A TIME COMMITMENT. TO PROVIDE FOR OVERLAPPING TERMS OF OFFICE, ONE THIRD OF THE BOARD OF DIRECTORS SHALL BE ELECTED EACH YEAR. 4.VACANCIES A.ANY VACANCY OCCURRING ON THE BOARD SHALL BE FILLED BY THE REMAINING MEMBERS OF THE BOARD AS SOON AS IS PRACTICAL AFTER THE VACANCY ARISES. THE NOMINATING COMMITTEE SHALL RECOMMEND TO THE BOARD OF DIRECTORS A PERSON TO FILL THE VACANCY. B.ABSENCE FROM A BOARD MEETING WITHOUT PREVIOUS NOTIFICATION TO THE BALLET LUBBOCK OFFICE SHALL CONSTITUTE AN UNEXCUSED ABSENCE. EXCESSIVE ABSENCES SHALL BE DEALT WITH AT THE DISCRETION OF THE BOARD. C.IN CASE A VACANCY OCCURS IN THE OFFICE OF PRESIDENT, THE VICE PRESIDENT OF NOMINATIONS SHALL SERVE UNTIL A NEW PRESIDENT IS ELECTED. D.BY TWO-THIRDS VOTE OF THE BOARD OF DIRECTORS, PRESENT AND VOTING, AN OFFICER OR DIRECTOR MAY BE REMOVED FROM OFFICE FOR FAILURE TO PERFORM HIS/HER DUTIES. 5.MEETINGS A.THE BOARD OF DIRECTORS SHALL HOLD REGULAR MONTHLY BUSINESS MEETINGS. THE PRESIDENT SHALL SELECT THE TIME, PLACE, AND DATE FOR THE REGULAR MEETING. B.SPECIAL MEETINGS OF THE BOARD SHALL BE HELD AT THE CALL OF THE PRESIDENT OR BY A PETITION SIGNED BE FIVE (5) ELECTED MEMBERS OF THE BOARD, PRESENTED TO THE PRESIDENT, WHO SHALL THEN CALL A MEETING BY NOTICE, NOT LESS THAN THREE (3) NOR MORE THAN TEN (10) DAYS AFTER RECEIPT OF SAID PETITION. C.THE ELECTION MEETING SHALL BE HELD EACH JUNE AT THE ANNUAL BOARD MEETING. D.THE ANNUAL MEETING SHALL BE HELD IN JUNE OF EACH YEAR. AT THE ANNUAL MEETING AN ENDING YEAR REPORT WILL BE GIVEN BY EACH COMMITTEE AND AN END OF YEAR FINANCIAL REPORT WILL BE GIVEN BY THE TREASURER. E.ALL BUSINESS CONDUCTED AT ANY MEETING MUST BE APPROVED BY A MAJORITY OF THE BOARD, PRESENT AND VOTING. IF A QUORUM IS NOT PRESENT, ANY BUSINESS WILL BE TABLED UNTIL SUCH TIME AS A QUORUM IS PRESENT. F.THE SECRETARY SHALL GIVE NOTICE TO ALL MEMBERS OF THE BOARD OF THE TIME, PLACE, AND DATE OF MEETINGS OF THE BOARD. G.THE FINANCE COMMITTEE SHALL GIVE A REVIEW OF ALL FINANCIAL MATTERS AT THE REGULAR BUSINESS MEETINGS IN THE MONTHS OF NOVEMBER, MARCH AND JULY. THE FINANCE COMMITTEE REVIEW SHALL BE SUBMITTED TO THE BOARD OF DIRECTORS FOR ADOPTION. 6.DUTIES A.THE BOARD SHALL MANAGE THE BUSINESS OF THE CORPORATION, SUBJECT TO RESTRICTIONS IMPOSED BY THE LAW AND BY THE ARTICLES OF INCORPORATION, AND IN ACCORDANCE WITH THESE BYLAWS. B.THE BOARD SHALL BE RESPONSIBLE FOR THE SELECTION AND EMPLOYMENT OF THE STAFF, BOTH PERMANENT AND TEMPORARY, AS REQUIRED FOR THE OPERATION OF BALLET LUBBOCK. THE BOARD HOLDS THE RIGHT TO TERMINATE ANY EMPLOYEE, PERMANENT OR TEMPORARY, FOR ANY REASON. C.THE BOARD OF DIRECTORS SHALL NOT HIRE THE PARENT, SIBLING, SPOUSE OR CHILD OF A CURRENT EMPLOYEE. D.THE BOARD OF DIRECTORS SHALL HAVE A WRITTEN CONTRACT WITH EACH EMPLOYEE STATING THE TERMS OF HIS OR HER EMPLOYMENT. E.THE BOARD SHALL DETERMINE POLICIES AND PROCEDURES OF BALLET LUBBOCK AND AFFECT THEIR IMPLEMENTATION. F.THE BOARD SHALL KEEP PERMANENT BOOKS OF ACCOUNT AND RECORDS SHALL BE SUFFICIENT TO ESTABLISH THE ITEMS OF GROSS INCOME, RECEIPTS AND DISBURSEMENTS OF ORGANIZATION. SUCH BOOKS OF ACCOUNTS AND RECORDS SHALL AT ALL REASONABLE TIMES BE OPEN TO INSPECTION BY THE PUBLIC. 7.FINANCIAL RESPONSIBILITIES A.THE BOARD SHALL APPROVE AN ANNUAL BUDGET. B.THE PRESIDENT, TREASURER AND ONE OTHER OFFICER SHALL BE RESPONSIBLE FOR OPENING BANK ACCOUNTS AND SHALL BE AUTHORIZED TO SIGN ON ALL BANK ACCOUNTS. ALL CHECKS SHALL BE SIGNED BY TWO (2) OFFICERS OR ONE OFFICER AND THE EXECUTIVE DIRECTOR, EXCEPT IN INSTANCES WHERE CHECKS ARE MADE PAYABLE TO THE EXECUTIVE DIRECTOR, WHEREUPON THE SIGNATURE OF TWO (2) OFFICERS IS REQUIRED. C.A MAJORITY OF THE BOARD, PRESENT AND VOTING, SHALL APPROVE ANY LOAN APPLICATIONS, LINES OF CREDIT OR OTHER FINANCIAL OBLIGATIONS. THE PRESIDENT, TREASURER AND ONE (1) OTHER OFFICER SHALL BE RESPONSIBLE FOR OBTAINING SUCH LOAN APPLICATIONS, LINES OF CREDIT OR OTHER FINANCIAL OBLIGATIONS. ARTICLE VI:OFFICERS 1.IN MAY EVERY YEAR, THE NOMINATING COMMITTEE SHALL PRESENT A SLATE OF OFFICERS TO BE ELECTED AT THE BOARD'S JUNE MEETING FOR A TERM OF TWO (2) YEARS COMMENCING ON JULY 1ST. THE BOARD SHALL ELECT FROM ITS MEMBERSHIP THE FOLLOWING OFFICERS: A PRESIDENT, A 1ST VICE PRESIDENT, A 2ND VICE PRESIDENT, A 3RD VICE PRESIDENT, A TREASURER, A SECRETARY AND IN THE YEAR PRECEDING THE EXPIRATION OF THE PRESIDENT'S TERM, A PRESIDENT ELECT. THESE OFFICERS SHALL BE ELECTED AS FOLLOWS: IN EVEN NUMB |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | NO REVIEW WAS OR WILL BE CONDUCTED. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | ON AN ANNUAL BASIS, THE BOARD PRESIDENT AND VICE PRESIDENT OF NOMINATIONS LEAD INDIVIDUAL ORIENTATIONS WITH EACH BOARD MEMBER, COVERING BOTH, A BOARD AGREEMENT FORM AND THE CONFLICT OF INTEREST POLICY. THIS YEARLY PROCESS IS MEANT TO ENSURE THAT EACH BOARD MEMBER HAS AN EXPLICIT UNDERSTANDING OF THE EXPECTATIONS AND OBLIGATIONS THEY ASSUME AS BOARD MEMBERS, AND TO FULLY DISCLOSE ANY POTENTIAL CONFLICTS THEY MAY HAVE. ALL MEMBERS OF THE BALLET LUBBOCK BOARD, WHETHER THEY ARE NEW OR CONTINUING WITH THE TERM, MUST PARTICIPATE IN AN INDIVIDUAL ORIENTATION AT WHICH THE CONFLICT OF INTEREST POLICY IS COVERED AND SIGNED. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | BALLET LUBBOCK MAKES AVAILABLE ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS UPON REQUEST. |
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