2012-06-14T09:36:26-05:00 2011-07-31 MCGLADREY LLP 751 ARBOR WAY SUITE 200 BLUE BELL PA 19422 990 2010-08-01 231629970 THE PENNSYLVANIA BALLET ASSOCIATION PENN 2155517000 1819 JFK BOULEVARD NO 210 PHILADELPHIA PA 191035306 MICHAEL SCOLAMIERO 2155517000 2012-06-13 1 CHRISTOPHER M PEKULA 2156418600 2012-06-11 2010 2016-02-24 21:20:13Z NA JANIS GOODMAN 1819 JFK BOULEVARD NO 210 PHILADELPHIA PA 191035306 17779732 0 X HTTP://WWW.PABALLET.ORG X 1964 PA THE PENNSYLVANIA BALLET ASSOCIATION IS DEDICATED TO EXCELLENCE IN THE PROFESSIONAL PERFORMANCE AND DEVELOPMENT OF THE BALLET AND DANCE EVOLVING FROM THE CLASSICAL TRADITION. THE BALLET SERVES AUDIENCES NATIONWIDE, WITH PARTICULAR FOCUS ON AUDIENCES IN PHILADELPHIA AND THE SURROUNDING TRI-STATE AREA AND OTHER COMMUNITIES IN THE COMMONWEALTH OF PENNSYLVANIA, AND EMPLOYS APPROXIMATELY 40 DANCERS AND PRESENTS APPROXIMATELY 60 PERFORMANCES OF 6 PRODUCTIONS, BOTH CLASSICAL AND CONTEMPORARY, PER YEAR, INCLUDING THE NUTCRACKER. THE ORGANIZATIONS AWARD-WINNING OUTREACH AND EDUCATION PROGRAM INTRODUCES TRADITIONALLY UNDER-SERVED STUDENTS TO THE ART OF BALLET AND EDUCATES THE BALLET AUDIENCE OF THE FUTURE. THE PROGRAM INCLUDES WORKBOOKS, DRESS REHEARSAL PERFORMANCE ATTENDANCE, TICKET GIVEAWAYS FOR STUDENTS AND THEIR FAMILIES, SCHOOL VISITS, AND STUDIO TOURS. 44 42 207 220 0 0 4368552 11840399 4334586 4336762 245194 129277 240550 293816 9188882 16600254 0 0 0 0 5108941 5278615 56907 35752 479549 4475532 5031656 9641380 10346023 -452498 6254231 15050954 21087852 6725370 6284449 8325584 14803403 X THE ORGANIZATION'S MISSION IS TO MAINTAIN AND NURTURE A FINANCIALLY SOUND PHILADELPHIA-BASED BALLET COMPANY THAT PRESENTS THE FINEST IN ARTISTRY AND PERFORMANCE TO THE WIDEST POSSIBLE AUDIENCE; THAT EXPANDS AND DIVERSIFIES ITS CLASSICAL AND CONTEMPORARY REPERTOIRE; AND THAT PROVIDES THE HIGHEST CALIBER OF INSTRUCTION FOR ASPIRING PROFESSIONAL DANCERS. AS PART OF IT'S MISSION IT ALSO IS TO STRIVE TO ENRICH AND EXPAND THE CULTURAL LIVES OF CHILDREN AND ADULTS OF THE PHILADELPHIA REGION BY EDUCATING ITS CITIZENS ABOUT AND THROUGH THE ART OF BALLET. 0 0 8544701 4390101 THE ORGANIZATION IS ONE OF THE LARGEST PERFORMING ARTS ORGANIZATIONS IN THE PHILADELPHIA REGION. IT EMPLOYS APPROXIMATELY 40 DANCERS AND PRESENTS 60 PERFORMANCES OF 6 PRODUCTIONS EACH YEAR, INCLUDING "THE NUTCRACKER". IT'S REPERTOIRE INCLUDES BOTH CLASSIC AND CONTEMPORARY WORKS WHICH ARE PERFORMED ANNUALLY TO AN AUDIENCE OF APPROXIMATELY 100,000 PATRONS OF WHICH APPROXIMATELY 5,000 ARE SUBSCRIBERS. 171454 PENNSYLVANIA BALLET'S OUTREACH AND EDUCATION PROGRAM, ACCENT ON DANCE, IS A COMPREHENSIVE EDUCATIONAL AND CULTURAL EXPERIENCE DESIGNED TO INTRODUCE TRADITIONALLY UNDER-SERVED STUDENTS TO THE ART OF BALLET AND TO EDUCATE THE BALLET AUDIENCE OF THE FUTURE. THE BASIC PROGRAM, WHICH IS PROVIDED AT NO COST TO THE PARTICIPANTS, INCLUDES SPECIALLY DESIGNED STUDENT WORKBOOKS, ATTENDANCE AT FULLY STAGED DRESS REHEARSAL PERFORMANCES, TICKET GIVEAWAYS FOR PARTICIPATING STUDENTS AND THEIR FAMILIES, SCHOOL VISITS AND STUDIO TOURS. OVER 10,000 CHILDREN PARTICIPATE ANNUALLY. 8716155 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 62 0 1 207 1 0 0 0 0 0 0 0 0 0 0 0 0 X 44 42 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 PA NJ X JULIE SEELY 2155517000 1819 JFK BOULEVARD SUITE 210 PHILADELPHIA PA 191035306 KATHY Z ANDERSON 2.00 X 0 0 0 NEAL E BOZENTKA DMD 2.00 X 0 0 0 KAREN DOUGHERTY BUCHHOLZ 2.00 X X 0 0 0 BRUCE M ECKERT 2.00 X 0 0 0 PENNY FOX 2.00 X X 0 0 0 MARGARET LINETTE GALLAGHER 2.00 X 0 0 0 JOHN S GATTUSO 2.00 X X 0 0 0 LISA GLASSNER 2.00 X 0 0 0 JANIS LYNN GOODMAN 2.00 X X 0 0 0 DR JAMES L GOODWILL III 2.00 X 0 0 0 MARY BERT GUTMAN 2.00 X X 0 0 0 ANTHONY B HALLER ESQ 2.00 X X 0 0 0 HONORABLE JOYCE S KEAN 2.00 X X 0 0 0 ANDREW KRESS 2.00 X 0 0 0 CARY LEVINSON ESQ 2.00 X X 0 0 0 LINDA ROSANIO 2.00 X X 0 0 0 STEVEN H SANTINI 2.00 X 0 0 0 CALVIN W SCHMIDT 2.00 X 0 0 0 CHRISTA BADGER SCHMIDT 2.00 X 0 0 0 MOLLY ROUSE TERLEVICH 2.00 X X 0 0 0 BARBARA A AUSTELL 2.00 X X 0 0 0 MICHELLE BROOKS CPA 2.00 X 0 0 0 JAY L GOLDBERG ESQ 2.00 X 0 0 0 LESLIE ANNE MILLER ESQ 2.00 X X 0 0 0 LOUISE H REED 2.00 X 0 0 0 ELIZABETH A CORRIGAN 2.00 X X 0 0 0 CAREY MALOUMIAN 2.00 X 0 0 0 SHERRY A VARRELMAN 2.00 X X 0 0 0 MARGARET ANNE NOLEN 2.00 X 0 0 0 ELIZABETH LUENING LONG ESQ 2.00 X 0 0 0 GEORGIANA W NOLL 2.00 X 0 0 0 KEVIN A FEELEY 2.00 X 0 0 0 ROBIN PINDER HERNDON ESQ 2.00 X 0 0 0 DEBORAH GILL HILZINGER 2.00 X 0 0 0 KAREN A SMITH ESQ 2.00 X 0 0 0 JON WEINSTEIN 2.00 X 0 0 0 JANET S AVERILL 2.00 X 0 0 0 STACEY BARISH ESQ 2.00 X 0 0 0 PEG FITZPATRICK 2.00 X 0 0 0 DAVID HOFFMAN 2.00 X 0 0 0 EMILY E KUHN 2.00 X 0 0 0 MARIA J TRAFTON 2.00 X 0 0 0 TRACY ANNE WENZINGER 2.00 X 0 0 0 JOHN WOLAK 2.00 X 0 0 0 MICHAEL SCOLAMIERO 40.00 X 150911 0 7996 ROY KAISER 40.00 X 143518 0 5504 MARYLYN JEFFERS 30.00 X 65025 0 5834 359454 0 19334 2 0 1 0 DCM 45 MAIN STREET SUITE 816 BROOKLYN NY 11201 TELEMARKETING/TELEFUNDING 176944 ERDY MCHENRY ARCHITECTURE 915 N ORIANNA ST PHILADELPHIA PA 19123 ARCHITECTURAL SERVICES 141843 2 20640 297332 11522427 994824 11840399 SUBSCRIPTION AND SINGL 711110 2194044 2194044 NUTCRACKER TICKET SALE 711110 2142718 2142718 4336762 112637 112637 11430 11430 11430 11430 1039898 1023258 16640 16640 16640 396697 20640 156220 240477 240477 BOUTIQUE 711110 41688 41688 MISCELLANEOUS 711110 221 221 41909 16600254 4336762 0 423093 353520 175526 177994 3705912 3170963 281714 253235 129529 129529 663816 608572 40381 14863 425838 366390 36675 22773 34442 34442 33404 33404 35752 35752 573192 469654 40657 62881 1384616 1373722 10894 74453 4238 70215 114176 44910 65000 4266 80308 80308 716499 622089 94410 97726 87523 9949 254 775 410 365 149313 149313 254740 223193 31547 54765 21649 33116 PRODUCTION & ARTISTIC 1274344 1274344 FUNDRAISING EXPENSE 67805 67805 MISCELLANEOUS EXPENSE 57963 51137 6826 EDUCATION & OUTREACH 55802 55802 PUBLIC RELATIONS/MRKTG 7333 7333 10346023 8716155 1150319 479549 65125 1943870 3189927 7187562 357757 162136 538291 493519 9666879 1946322 7861193 7720557 2907655 3452285 131006 127923 15050954 21087852 806349 629209 1087774 1086714 14808 4805488 4538208 25759 15510 6725370 6284449 X 9809 341862 4722380 10839442 3593395 3622099 8325584 14803403 15050954 21087852 X 6254231 223588 X X 0 1 1 X 0 X 7916958 8018279 4757768 4368552 11840399 36901956 4528216 4961324 4392011 4334586 4336762 22552899 12445174 12979603 9149779 8703138 16177161 59454855 5636130 2424520 1545000 1145000 7741075 18491725 0 5636130 2424520 1545000 1145000 7741075 18491725 40963130 182402 179415 156437 107058 124067 749379 182402 179415 156437 107058 124067 749379 285336 281292 187805 391370 438606 1584409 12912912 13440310 9494021 9201566 16739834 61788643 0.66300 0.87680 0.01210 0.00550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3574337 28704 357408 148086 3812363 3335830 32740 414643 208876 3574337 3926335 37867 -419609 208763 3335830 0.04990 0.95010 0.00000 0 0 6024316 6024316 240975 188785 52190 373115 201673 171442 3028473 1555864 1472609 7720557 OTHER LIABILITIES 2450 CAPITAL LEASE OBLIGATION 13060 15510 16600254 10346023 6254231 223588 223588 6477819 16980062 223588 223588 16756474 -156220 -156220 16600254 10502243 156220 156220 10346023 0 10346023 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: USES INCLUDE EDUCATION & OUTREACH, PRINCIPAL DANCER COMPENSATION, BALLET MASTER/MISTRESS COMPENSATION, ARTISTIC DIRECTOR COMPENSATION AND UNRESTRICTED PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: INCOME TAXES: THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ASSOCIATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ASSOCIATION HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JULY 31, 2011 AND 2010. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEAR ENDED JULY 31, 2011 AND 2010. THE ASSOCIATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2007. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES -156,220. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 156,220. X X X 1 DCM 45 MAIN STREET SUITE 816 BROOKLYN NY 11201 TELEFUNDING 0 68881 35752 33129 68881 35752 33129 PA NJ DINNER 141599 6350 135249 32790 DINNER 136748 11240 125508 59648 1 138990 3050 135940 63782 417337 20640 396697 156220 156220 240477 X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL SCOLAMIERO 150911 0 0 0 0 0 0 0 7996 0 158907 0 0 0 MICHAEL SCOLAMIERO X 15000 14808 0 1 1 14808 X 14 759170 SELLING PRICE X HEALTH & FITNESS CLUB MEMBERSHIPS 1 59784 SELLING PRICE OF MEMBERSHIPS X AIR TRANSPORTATION SERVICES 1 22220 SELLING PRICE OF SERVICES X RADIO & TV ADVERTISING 1 6090 SELLING PRICE OF ADVERTISING X STUDENT WORKBOOKS 1 26687 COST OF DONATED WORKBOOKS X HOTEL/LODGING 1 11339 COST OF ROOMS X PRINT ADVERTISING 4 102133 SELLING PRICE OF ADVERTISING X OUTDOOR ADVERTISING 1 1050 SELLING PRICE OF ADVERTISING X SHOES 1 6351 COST OF DONATED SHOES 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 CALVIN W. SCHMIDT, BOARD MEMBER, AND CHRISTA BADGER SCHMIDT, BOARD MEMBER - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT NATIONAL FIRM BASED UPON INFORMATION PROVIDED BY THE ORGANIZATIONS DIRECTOR OF FINANCE AND ACCOUNTING MANAGER. IT IS REVIEWED BY THE DIRECTOR OF FINANCE BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICE OF THE EXECUTIVE DIRECTOR IN CONJUNCTION WITH THE NOMINATIONS COMMITTEE OF THE BOARD ANNUALLY DISTRIBUTES CONFLICT OF INTEREST INFORMATION AND QUESTIONNAIRES TO THE BOARD OF TRUSTEES. THE RETURN OF THE QUESTIONNAIRES AND TRUSTEE COMPLIANCE IS MONITORED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE AND ARTISTIC DIRECTORS (BOTH OFFICERS OF THE CORPORATION PER THE BYLAWS) IS DETERMINED BY AN ADHOC COMMITTEE OF THE BOARD. BOTH ARE UNDER 3-YEAR CONTRACTS AND THE VARIOUS METHODOLOGIES ARE USED IN THE DETERMINATION OF THEIR COMPENSATION. 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 THROUGH OUR OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 223,588. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.