2012-03-02T13:45:27-06:00 2011-05-31 SARTAIN FISCHBEIN & CO 3010 S HARVARD AVE STE 400 TULSA OK 741146193 990 2010-06-01 730667485 TULSA BALLET THEATRE INC TULS 9187496030 1212 E 45TH PLACE TULSA OK 74105 BETTY PIRNAT 9187496030 2012-03-02 1 MIKE THORNBERRY 9187496601 2010 2016-02-24 21:20:13Z BETTY PIRNAT 1212 E 45TH PLACE TULSA OK 74105 4373878 0 X WWW.TULSABALLET.ORG X 1956 OK PRESERVE AND CREATE WORKS OF BALLET AND EDUCATE THROUGH TRAINING AND OUTREACH PROGRAMS. 46 45 87 80 0 0 3913484 2718173 1538031 1251098 28003 5671 30558 -21416 5510076 3953526 0 57450 0 0 2945152 2775412 0 0 63368 2858140 2322289 5803292 5155151 -293216 -1201625 15835786 15263815 1445291 1410191 14390495 13853624 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 3371172 913203 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. 357775 397211 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. 153332 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. 3882279 1 1 0 0 0 0 1 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 1 89 0 1 87 1 0 0 0 0 0 1 1 0 0 0 0 X 46 45 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X X KAY WULF 9183925902 1212 E 45TH PLACE TULSA OK 74105 NANCY FELDMAN 1.00 X 0 0 0 CHERYL FORREST 1.00 X 0 0 0 LEANNE HELMERICH 1.00 X 0 0 0 JACKIE KOURI 5.00 X 0 0 0 HANNAH ROBSON 1.00 X 0 0 0 GEORGIA SNOKE 1.00 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 0 0 0 ALISON ANTHONY 1.00 X 0 0 0 PATTIE BOWMAN 1.00 X 0 0 0 MARY WHEELER BROWN 1.00 X 0 0 0 RON BROWN 1.00 X 0 0 0 MARK BUTTERWORTH 1.00 X 0 0 0 LARRY CHAMBERS 1.00 X 0 0 0 PAT CHERNICKY 2.00 X 0 0 0 AARON CLARK 1.00 X 0 0 0 NINA COOPER 3.00 X X 0 0 0 JAKE DOLLARHIDE 1.00 X 0 0 0 CHARLOTTE EDMUNDSON 2.00 X X 0 0 0 JULIA FORRESTER-SELLERS 1.00 X 0 0 0 LON FOSTER 1.00 X 0 0 0 JANIE FUNK 2.00 X 0 0 0 SARAH JANE GILLETT 1.00 X 0 0 0 JACQUI HAGLUND 5.00 X X 0 0 0 SUZANNE KNEALE 1.00 X 0 0 0 JIM MCCARTHY 2.00 X X 0 0 0 NICOLE MORGAN 1.00 X 0 0 0 MICHAEL NOLAND 1.00 X 0 0 0 DONNA O'ROURKE 2.00 X 0 0 0 MARK PERKINS 1.00 X 0 0 0 BETTY PIRNAT 16.00 X X 0 0 0 CASSIE REESE 1.00 X 0 0 0 ISAAC ROCHA 2.00 X 0 0 0 BRANDON RULE 2.00 X 0 0 0 BILL SCHONACHER 3.00 X X 0 0 0 KATHLEEN KRAFT WEST 1.00 X 0 0 0 PAUL WILLIAMS 1.00 X 0 0 0 DEAN WYATT 1.00 X 0 0 0 KAREN YOUNG 1.00 X X 0 0 0 RACHEL ZEBROWSKI 1.00 X 0 0 0 ROSALIE CHILDS 1.00 X 0 0 0 HEATHER JOHNSON 1.00 X 0 0 0 JULIE SMITH 1.00 X 0 0 0 DUSTIN THAMES 1.00 X 0 0 0 MARCELLO ANGELINI 60.00 X 126944 0 9021 WILLIAM S BLACK 50.00 X 70428 0 523 197372 0 9544 1 0 0 0 THEATRICAL ACCOUNTING SERVICES PO BOX 701462 TULSA OK 74170 STAGEHANDS 301913 TULSA SYMPHONY ORCHESTRA INC 111 E 1ST ST 1 TULSA OK 74103 ORCHESTRA PERFORMANCES 266314 COMMUNITY CARE HMO INC 218 W 6TH STREET TULSA OK 74119 HEALTH INSURANCE 196393 TEXOMA PRINT SERVICES 126 N 3RD DURANT OK 74701 MARKETING 118511 GARAGE MEDIA 110 WEST ARCHER ST TULSA OK 74103 MARKETING 103970 6 635459 283928 137325 1661461 2718173 TICKET SALES 711120 773572 773572 SCHOOL INCOME 711120 397211 397211 CYGNET SOCIETY 711120 48315 48315 TOURING 711120 32000 32000 1251098 5671 5671 225358 296320 -70962 -70962 -70962 54530 283928 89406 -34876 -34876 59732 34626 25106 25106 MISCELLANEOUS 711120 60557 60557 GUILD INCOME 711120 -1241 -1241 59316 3953526 1310414 0 -75061 57450 57450 217746 145171 72575 2145183 1703585 441598 212975 165183 47792 199508 164050 35458 25158 25158 2017 2017 407804 381286 26518 73500 36520 36980 19206 19206 2866 2866 77747 68912 8835 36245 36245 558429 138328 420101 17264 17264 PRODUCTION COSTS 914445 914445 WORKERS COMPENSATION 77027 67548 9479 MISCELLANEOUS 55064 12000 6214 36850 COMPETITION EXPENSE 26113 26113 DUES & FEES EXPENSE 16866 16866 12538 1688 10850 5155151 3882279 1209504 63368 318508 200376 1057723 363344 26150 44785 89207 161576 13209118 3667979 9972850 9541139 4371348 4952595 15835786 15263815 248964 187528 304130 404741 892197 817922 1445291 1410191 X 9247860 9098913 771287 319054 4371348 4435657 14390495 13853624 15835786 15263815 X -1201625 664754 X X 0 1 1 X 0 X 7445409 7808116 3703480 4417892 3402647 26777544 1141231 1258055 1378758 1534225 1251098 6563367 8586640 9066171 5082238 5952117 4653745 33340911 3061921 2987787 349164 1292957 774520 8466349 0 3061921 2987787 349164 1292957 774520 8466349 24874562 181596 187986 359831 413303 226774 1369490 181596 187986 359831 413303 226774 1369490 441519 42604 162201 108228 119048 873600 9209755 9296761 5604270 6473648 4999567 35584001 0.69900 0.68290 0.03850 0.03750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 77000 X 0 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 2316425 8864327 774149 562322 211827 837977 789232 48745 9541139 TULSA BALLET THEATRE TRUST FUND 3931970 F ROBSON FUND 1020625 F 4952595 3953526 5155151 -1201625 25128 639626 664754 -536871 5068179 25128 31567 1059975 1116670 3951509 2017 2017 3953526 5605051 31567 420350 451917 5153134 2017 2017 5155151 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. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET INCOME FROM ENDOWMENT (TRUST) 639,624. ROUNDING 2. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 296,320. COST OF GOODS SOLD 34,626. DIRECT FUNDRAISING EXPENSES NETTED WITH FUNDRAISING INCOME 89,407. ENDOWMENT INCOME/LOSSES REPORTED ON RELATED ORGANIZATION'S SEPARATE 990 639,624. ROUNDING -2. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 296,320. COST OF GOODS SOLD 34,626. DIRECT FUNDRAISING EXPENSES NEETED WITH FUNDRAISING INCOME 89,407. ROUNDING -3. BELLA CUCINA 184915 155665 29250 43447 TOUR (KENNEDY CTR EVENT) 138868 126228 12640 43268 1 14675 2035 12640 2691 338458 283928 54530 89406 89406 -34876 1 LIVING EXPENSE STIPEND FOR STUDENTS ATTENDING TULSA BALLET II SCHOOL 11 57450 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 374986 BANK LOAN, LINE OF CREDIT, CASH MANAGEMENT FEES 0 BILL IS BOARD DIRECTOR / MARKET PRESIDENT FOR IBC BANK WHERE TULSA BALLET THEATRE, INC. HAS A $500,000 LINE OF CREDIT ($0 OUTSTANDING AS OF 5/31/2011) AND A REAL ESTATE LOAN (APPROX. $820,000 BALANCE AS OF 5/31/2011.) REAL ESTATE LOAN PAYMENTS MADE DURING THE FISCAL YEAR WERE $117,514.56, LOC PAYMENTS MADE WERE $251,528.70, AND CASH MANAGEMENT FEE PAYMENTS MADE DURING THE YEAR WERE $5,942.79. X MISC GOODS & SERVICES 14 31567 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 1. THE ARTICLE GOVERNING THE CREATION AND GOVERNANCE OF AN ANTICIPATED "BALLET BUILDING TRUST" AND RELATED SUPERMAJORITY VOTING PROVISIONS FOR THE AMENDMENT OF THAT ARTICLE WERE REMOVED BECAUSE THE TRIGGERING EVENT FOR THE TRUST NEVER OCCURRED. 2. THE BYLAWS WERE AMENDED TO CREATE PERMANENT STANDING COMMITTEES FOR COMPENSATION AND AUDIT. THE EDUCATION COMMITTEE WAS REMOVED AS A PERMANENT STANDING COMMITTEE. 3. THE TULSA BALLET THEATRE GUILD WAS REMOVED AS A PERMANENT AUXILIARY ORGANIZATION UNDER THE BYLAWS. THE ROLE OF GUILD PRESIDENT WAS ALSO DELETED FROM THE CATEGORIES OF DIRECTORS AND FROM THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE. 4. THE BYLAWS WERE AMENDED TO GRANT THE BOARD PRESIDENT THE TITLE AND ROLE OF CHAIRMAN OF THE BOARD, WHICH HAD PREVIOUSLY BELONGED TO THE IMMEDIATE PAST PRESIDENT OF THE BOARD. 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 EIGHT CATEGORIES OF DIRECTORS: FOUNDING DIRECTORS, PRESIDENT EMERITUS DIRECTORS, THOSE DIRECTORS APPOINTED BY THE PRESIDENT, ELECTED DIRECTORS, THE PRESIDENT OF TULSA BALLET THEATRE GUILD, 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 GAINS ON INVESTMENTS: 25,128. NET INCOME FROM ENDOWMENT (TRUST) 639,624. ROUNDING 2. TOTAL TO FORM 990, PART XI, LINE 5: 664,754. 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. 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 85743