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    <Timestamp>2012-05-14T05:48:57-07:00</Timestamp>
    <TaxPeriodEndDate>2011-08-31</TaxPeriodEndDate>
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        <BusinessNameLine1>AARONSON LAVOIE STREITFELD DIAZ &amp; CO PC</BusinessNameLine1>
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        <AddressLine1>1604 BROAD ST</AddressLine1>
        <City>CRANSTON</City>
        <State>RI</State>
        <ZIPCode>029054130</ZIPCode>
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        <BusinessNameLine1>FESTIVAL BALLET</BusinessNameLine1>
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      <Phone>4013531129</Phone>
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        <AddressLine1>825 HOPE STREET</AddressLine1>
        <City>PROVIDENCE</City>
        <State>RI</State>
        <ZIPCode>02906</ZIPCode>
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      <DateSigned>2012-04-13</DateSigned>
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      <Name>RICHARD M STREITFELD</Name>
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      <MissionDescription>Educating, Fostering and Encouraging the Art of Dance.</MissionDescription>
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      <Description>AFTER AUDITIONING OVER 80 DANCERS FROM AROUND THE GLOBE FOR POSITIONS WITH THE COMPANY, THE ARTISTIC DIRECTOR, MIHAILO DJURIC, OFFERED CONTRACTS TO OVER 20 DANCERS FOR THE 33RD SEASON. THE 33RD SEASON INCLUDED PERFORMANCES OF CINDERELLA, THE NUTCRACKER AND WIDOWS BROOM. THE UP CLOSE TO HOPE RETURNED TO FESTIVAL BALLET PROVIDENCE FOR ITS 9TH SEASON, PERFORMING PETER &amp; THE WOLF, LEGACY OF LOSS AND PIPI. THE EDUCATION OUTREACH PROGRAM PERFORMED PETER &amp; THE WOLF AND THE COMMUNITY PERFORMANCES FLAMES OF HOPE/ WATERFIRE AT THE STATE HOUSE. ALSO, A SCHOOL CULMINATION PERFORMANCE AT RHODE ISLAND COLLEGE UNDER THE DIRECTION OF THE SCHOOL DIRECTOR MARY ANN MAYER. WITH SOLD OUT PERFORMANCES THIS POPULAR PROGRAM CONTINUED TO BUILD THE GROWING AWARENESS AND APPERCIATION FOR BALLET THAT CAN BE GAINED IN THIS SMALL VENUE. THROUGHOUT THE SEASON, 40,000 INDIVIDUALS WATCHED THE COMPANY PERFORM.</Description>
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        <Description>THE ACADEMIC SCHOOL-YEAR AND SUMMER DANCE PROGRAMS CONTINUED TO OFFER AN ARRAY OF PROGRAMS FOR STUDENTS AGES 3-18 AS WELL AS RECREATIONAL CLASSES FOR ADULTS. THE CENTER FOR DANCE EDUCATION CONTINUES TO AWARD SCHOLARSHIPS TO DESERVING YOUNG BALLET STUDENTS; THESE AWARDS ARE BASED ON MERIT NEED AND ENABLE THE ORGANIZATION TO ATTRACT A DIVERSE STUDENT BODY. FUNDS FOR SCHOLARSHIPS ARE RAISED FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS.</Description>
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      <Occupancy>
        <Total>51293</Total>
        <ProgramServices>35905</ProgramServices>
        <ManagementAndGeneral>10259</ManagementAndGeneral>
        <Fundraising>5129</Fundraising>
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      <Travel>
        <Total>22650</Total>
        <ProgramServices>15855</ProgramServices>
        <ManagementAndGeneral>4530</ManagementAndGeneral>
        <Fundraising>2265</Fundraising>
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      <Interest>
        <Total>42433</Total>
        <ProgramServices>29703</ProgramServices>
        <ManagementAndGeneral>8487</ManagementAndGeneral>
        <Fundraising>4243</Fundraising>
      </Interest>
      <DepreciationDepletion>
        <Total>80000</Total>
        <ProgramServices>56000</ProgramServices>
        <ManagementAndGeneral>24000</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>37071</Total>
        <ProgramServices>25950</ProgramServices>
        <ManagementAndGeneral>7414</ManagementAndGeneral>
        <Fundraising>3707</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>Production Expense</Description>
        <Total>187876</Total>
        <ProgramServices>187876</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Printing &amp; Postage</Description>
        <Total>25339</Total>
        <ProgramServices>17737</ProgramServices>
        <ManagementAndGeneral>5068</ManagementAndGeneral>
        <Fundraising>2534</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Dance Studio Expense</Description>
        <Total>10253</Total>
        <ProgramServices>10253</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Telephone</Description>
        <Total>8470</Total>
        <ProgramServices>5929</ProgramServices>
        <ManagementAndGeneral>1694</ManagementAndGeneral>
        <Fundraising>847</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Utilites</Description>
        <Total>23237</Total>
        <ProgramServices>16266</ProgramServices>
        <ManagementAndGeneral>4647</ManagementAndGeneral>
        <Fundraising>2324</Fundraising>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>52355</Total>
        <ProgramServices>30506</ProgramServices>
        <ManagementAndGeneral>20126</ManagementAndGeneral>
        <Fundraising>1723</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>1616055</Total>
        <ProgramServices>985479</ProgramServices>
        <ManagementAndGeneral>531956</ManagementAndGeneral>
        <Fundraising>98620</Fundraising>
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      <CashNonInterestBearing>
        <BOY>20900</BOY>
        <EOY>28265</EOY>
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        <EOY>15195</EOY>
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      <PrepaidExpensesDeferredCharges>
        <BOY>17697</BOY>
        <EOY>21002</EOY>
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      <LandBuildingsEquipmentBasis>1213422</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>668728</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>648730</BOY>
        <EOY>544694</EOY>
      </LandBuildingsEquipmentBasisNet>
      <IntangibleAssets>
        <BOY>16666</BOY>
        <EOY>24583</EOY>
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      <OtherAssetsTotal>
        <BOY>2425</BOY>
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      <TotalAssets>
        <BOY>712560</BOY>
        <EOY>633739</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>257380</BOY>
        <EOY>305927</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>117390</BOY>
        <EOY>15174</EOY>
      </DeferredRevenue>
      <LoansFromOfficersDirectors>
        <BOY>137065</BOY>
        <EOY>129065</EOY>
      </LoansFromOfficersDirectors>
      <MortNotesPyblSecuredInvestProp>
        <BOY>558846</BOY>
        <EOY>529760</EOY>
      </MortNotesPyblSecuredInvestProp>
      <UnsecuredNotesLoansPayable>
        <BOY>111854</BOY>
        <EOY>48025</EOY>
      </UnsecuredNotesLoansPayable>
      <TotalLiabilities>
        <BOY>1182535</BOY>
        <EOY>1027951</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>-469975</BOY>
        <EOY>-394212</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>-469975</BOY>
        <EOY>-394212</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>712560</BOY>
        <EOY>633739</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>96729</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-20966</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>false</FSAudited>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="10000104">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>762587</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>556657</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>593418</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>536229</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>613599</CurrentTaxYear>
        <Total>3062490</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>1047070</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1114538</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1058396</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1132673</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>1145692</CurrentTaxYear>
        <Total>5498369</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>1809657</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1671195</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1651814</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1668902</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>1759291</CurrentTaxYear>
        <Total>8560859</Total>
      </Total509>
      <AmtsRecdFromDisqualPersons>
        <CurrentTaxYearMinus4Years>107641</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>119407</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>234449</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>127090</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>55000</CurrentTaxYear>
        <Total>643587</Total>
      </AmtsRecdFromDisqualPersons>
      <AmtsFromSubstContributors>
        <CurrentTaxYearMinus4Years>309657</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>54855</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>54278</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>88642</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>35819</CurrentTaxYear>
        <Total>543251</Total>
      </AmtsFromSubstContributors>
      <SupportFromDQPsEtc>
        <CurrentTaxYearMinus4Years>417298</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>174262</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>288727</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>215732</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>90819</CurrentTaxYear>
        <Total>1186838</Total>
      </SupportFromDQPsEtc>
      <PublicSupportTotal509>7374021</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>1354</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>257</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus1Year>1314</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>1593</CurrentTaxYear>
        <Total>4518</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>1354</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>257</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus1Year>1314</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>1593</CurrentTaxYear>
        <Total>4518</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <Total>8565377</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.86090</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.85400</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00050</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.00050</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="00000003">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="00000004" softwareId="10000104">
      <Land>
        <InvestmentCostOrOtherBasis>39548</InvestmentCostOrOtherBasis>
        <BookValue>39548</BookValue>
      </Land>
      <Buildings>
        <InvestmentCostOrOtherBasis>376526</InvestmentCostOrOtherBasis>
        <Depreciation>162120</Depreciation>
        <BookValue>214406</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <InvestmentCostOrOtherBasis>442874</InvestmentCostOrOtherBasis>
        <Depreciation>182182</Depreciation>
        <BookValue>260692</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <InvestmentCostOrOtherBasis>82205</InvestmentCostOrOtherBasis>
        <Depreciation>66873</Depreciation>
        <BookValue>15332</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>272269</InvestmentCostOrOtherBasis>
        <Depreciation>257553</Depreciation>
        <BookValue>14716</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>544694</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE</Description>
      </OtherLiabilities>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="00000005" />
    <IRS990ScheduleL documentId="00000006" softwareId="10000104">
      <LoanTable>
        <NamePerson>EDGAIL FOGARTY</NamePerson>
        <PurposeOfLoan>Operating Support</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>82000</OriginalPrincipalAmount>
        <BalanceDue>37000</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>LINDA KUSHNER</NamePerson>
        <PurposeOfLoan>Operating Support</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>70000</OriginalPrincipalAmount>
        <BalanceDue>15000</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>MARY LOVEJOY</NamePerson>
        <PurposeOfLoan>Mary Lovejoy</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>86565</OriginalPrincipalAmount>
        <BalanceDue>22065</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>DEMING SHERMAN</NamePerson>
        <PurposeOfLoan>Operating Support</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>75000</OriginalPrincipalAmount>
        <BalanceDue>55000</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <TotalBalanceDue>129065</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="00000007" softwareId="10000104">
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 11a</Identifier>
        <Explanation>Reviewed by President and Treasurer</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 15</Identifier>
        <Explanation>All salaries are reviewed annually by the Board of Directors</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>Married couple on the board is Edward &amp; Gail Fogarty.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-C, Line 19</Identifier>
        <Explanation>990 is available to the pubilc.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt XI</Identifier>
        <Explanation>Audit adjustments made after the fiscal 2010 990 was filed.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>Informally at board meetings.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>BANK CHARGES 13265. 0. 13265. 0. BAD DEBT EXPENSE 2726. 2726. REPAIRS &amp; MAINTENANCE 12670. 8869. 2534. 1267. LICENSES 1071. 750. 214. 107. SCHOLARSHIP AWARDS 2550. 2550. 0. 0. OFFICE SUPPLIES 3487. 2441. 697. 349. MISCELLANEOUS EXPENSE 690. 690. SCHOLARSHIP EXPENSE 15896. 15896.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>