2012-05-14T14:23:26-05:00 2011-06-30 PricewaterhouseCoopers LLP 1201 Louisiana Suite 2900 Houston TX 77002 990 2010-07-01 741394920 HOUSTON BALLET FOUNDATION HOUS 7135236300 601 PRESTON ST HOUSTON TX 77002 JIM NELSON 2012-05-14 true 7133564000 2010 2016-02-24 21:20:13Z KARL STERN PRESIDENT 601 PRESTON ST HOUSTON TX 77002 38849515 false X www.houstonballet.org X 1955 TX SEE ATTACHMENT 1 122 121 382 399 0 10363490 10749643 8196840 9130753 2532342 5601504 1036564 972539 22129236 26454439 0 0 0 0 11029632 11423338 296514 279668 1322532 7588058 8586538 18914204 20289544 3215032 6164895 91290819 110675828 13602696 18622996 77688123 92052832 TO INSPIRE A LASTING LOVE AND APPRECIATION FOR DANCE THROUGH ARTISTIC EXCELLENCE, EXHILARATING PERFORMANCES, INNOVATIVE CHOREOGRAPHY AND SUPERB EDUCATIONAL PROGRAMS. THE ORGANIZATION MAINTAINS A COMPANY OF PROFESSIONAL DANCERS AND ORCHESTRA THAT GIVES PERFORMANCES IN HOUSTON, TX, TOURS NATIONALLY AND INTERNATIONALLY THROUGHOUT THE YEAR, AND MAINTAINS AN ACADEMY THAT PROVIDES DANCE EDUCATION. false false 14728490 7482360 DANCE PERFORMANCES BY THE COMPANY OF PROFESSIONAL DANCERS AND ORCHESTRA IN HOUSTON, TX, ON TOUR NATIONALLY AND INTERNATIONALLY INCLUDE PRODUCTION EXPENSES SUCH AS SALARY OF PERFORMERS, COST OF COSTUMES, STAGE SETS, THEATER RENTAL, ORCHESTRA, AND OTHER RELATED EXPENSES. 2395237 1648393 ACADEMY DANCE EDUCATION INCLUDES EXPENSES RELATED TO THE OPERATION OF THE BALLET ACADEMY AND THE SCHOLARSHIPS AND TUITION FOR ACADEMY STUDENTS. 17123727 true true false false false false false false true true false false false false true false true false false true false false true true false false false false true true false false false false false false false false true true true false false false false true false false false false true 57 0 true 382 true false false false false false true true false false false true true false false false X 122 121 true false false false true true false true true false false true true true true true true true false false X X CHERYL LYNN ZANE 7135236300 601 PRESTON ST HOUSTON TX 77002 Hafner Jr Mr Joseph 2.5 X X 0 0 0 Stern Mr Karl 4.0 X X Williams Mrs Margaret Alkek 1.0 X X Loya Ms Leticia 1.0 X X Bass Mr John 1.5 X X McClure Mr Daniel 1.5 X X Godfrey Mrs H Lee 1.0 X X Jordan Mr James 1.5 X X Tudor III Mrs Robert 1.0 X X Arnold Jr Mrs Isaac 1.0 X X Blaisdell Mr John A 1.0 X X Blakely III Mrs Robert 1.0 X X Burk Mrs J Patrick 1.0 X X Chao Mrs Albert 1.0 X X George Mr Mitchell 1.0 X X Graubart Mrs Donald 1.0 X X Jones II Mr Jesse 1.0 X X Joseph Mrs Russell 1.0 X X Kinloch Mr Leon 1.0 X X Leightman Mrs E Daniel 1.0 X X Marks Mr Bradley 1.0 X X May Jr Mrs Henry 1.0 X X Miller Mr Christopher 1.0 X X Mithoff Mrs Michael 1.0 X X Wyatt Jr Mrs Oscar 1.0 X X Anderson Jr Mrs Wm 0.1 X Arnim III Mr Cecil 0.1 X Asofsky Maida 0.1 X Bahr Mr Philip 0.1 X Bain Mrs Lorne 0.1 X Ballard Mrs AL 0.1 X Barr Mrs FT 0.1 X Bazelides Mrs Diane 0.1 X Beauchamp Mr Gary 0.1 X Bolton Mr Preston 0.1 X Boom Dr Marc 0.1 X Botkin Mrs Mary 0.1 X Breen Mrs Daniel 0.1 X Brown Mr Ira 0.1 X Brown Mrs Ira 0.1 X Brunger Mr William 0.1 X Burleson Mr Richard 0.1 X Carter Mr Winn 0.1 X Casscells III Mr S Ward 0.1 X Coy Ms Janet 0.1 X Crownover Mr James 0.1 X Crownover Mrs James 0.1 X Cullen Mrs Harry 0.1 X Cullen Jr Mrs Harry 0.1 X DeLape Mrs Frank 0.1 X deZeeuw Mr Bastiaan 0.1 X Dodson III Mr Samuel 0.1 X Earthman Mrs Pamela 0.1 X Erskine Mrs Donald 0.1 X Fant Mrs Richard 0.1 X Farb Mrs Diane Lokey 0.1 X Fein Dr Kelli Cohen 0.1 X Finger Linda 0.1 X Finger Mrs Richard 0.1 X Foster Hon Charles 0.1 X Frazier Mrs Michael 0.1 X Furr Mrs James 0.1 X Galt Mrs Barry 0.1 X Gauthier Dr Jerry 0.1 X Hamman Mrs Henry 0.1 X Hartnett Ms Karen 0.1 X Haywood Mrs Theodore 0.1 X Hill Mr William 0.1 X Hughes Mr Brian 0.1 X Jackson Ms Dodie Otey 0.1 X Kilroy Mrs William 0.1 X Krach Jr Mr Michael 0.1 X Lawson Ms Melanie 0.1 X Lee Jr Mrs Ronald 0.1 X Leightman Mr E Daniel 0.1 X Loveland Mr Eugene 0.1 X Mach Mrs Harry 0.1 X Mach Mrs Steven 0.1 X Maines Mrs Teresa Lazzeri 0.1 X Mann Mrs Michael 0.1 X Margolis Mrs Melanie 0.1 X McConn III Mrs J Luke 0.1 X McCord Mrs Joseph 0.1 X McGee Mr Richard 0.1 X Mitchell Mr George 0.1 X Mithoff Mrs Richard 0.1 X Moore Ms Nancy Powell 0.1 X Muecke Mrs Bryan 0.1 X Murphy Mrs Donald 0.1 X Nicandros Ms Tassie 0.1 X Nicklos Mr James 0.1 X Ondrias Ms Dana 0.1 X Osborne Mrs Dee 0.1 X Oshman Mr Gene 0.1 X Oshman Mrs Marilyn 0.1 X Owsley Mrs Cabrina 0.1 X Parker Ms Hattie 0.1 X Parmet Mr Michael 0.1 X Parr Mrs James 0.1 X Payne Mrs Melvin 0.1 X Perry Mr Timothy 0.1 X Pincus Mr David 0.1 X Plaeger II Mr Frederick 0.1 X Plourde Mr Jeffrey 0.1 X Preiss Ms Lori 0.1 X Pye Elisa Stude 0.1 X Ray Mrs Carroll Robertson 0.1 X Reasoner Mrs Harry 0.1 X Rocks Ms Martha 0.1 X Sarofim Ms Louisa Stude 0.1 X Schiller Jr Mrs John 0.1 X Scott Mrs Thomas 0.1 X Shanks Mrs Kirby 0.1 X Smith Mrs Lance 0.1 X Spalding Mrs John 0.1 X Sprague Mrs J Abbott 0.1 X Stephens Ms S Shawn 0.1 X Swyka Mr Nicholas 0.1 X Thrash Mrs Becca Cason 0.1 X Trammell Ms Ann 0.1 X Watts Mr Marcus 0.1 X Williams Ms Randa Duncan 0.1 X Conner Jr Cecil C 45.0 X X 164475 15150 Welch Stanton 45.0 X X 211350 38206 Zane Cheryl Lynn 45.0 X 90500 11451 Florio Ermanno 20.0 X 101493 12001 567818 0 76808 3 false true false W S BELLOWS CONSTRUCTION CORP P O BOX 2132 HOUSTON TX 772522132 CONSTRUCTION SERVICE 24637660 IATSE LOCAL 51 P O BOX 403 HOUSTON TX 77001 UNION STAGE HANDS 881393 DCM 45 MAIN ST STE 816 BROOKLYN NY 11201 FUNDRAISING 465764 LD SYSTEMS LP P O BOX 10620 HOUSTON TX 772060620 LIGHTING AND DESIGN 761809 AMERICAN HARLEQUIN CORP 1531 GLEN AVE MOORESTOWN NJ 08057 DANCE FLOOR DESIGN 409443 11 291250 643488 3530695 501691 5782519 545847 10749643 PERFORMANCE INCOME 711120 7482360 7482360 TUITION 711120 1648393 1648393 9130753 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-2726104 -2726104 26454439 23454125 438477 438477 23015648 -2726104 -2726104 20289544 LIABILITY FOR UNCERTAIN TAX POSITIONS PART X, LINE 2 The income tax position taken by the Foundation, for any years open under the various statutes of limitations, is that the Foundation continues to be exempt from income taxes by virtue of being a nonprofit organization. Management believes this tax position meets the more-likely-than-not threshold and, accordingly, the tax benefit of this income tax position (no income tax liability) has been recognized for the years ended on or before June 30, 2011. As part of the adoption of this guidance, the Foundation will record income tax related interest and penalties, if applicable, as a component of the provision for income tax expense. However, there were no amounts recognized relating to interest and penalties in the statement of activities for the year ended June 30, 2011. The Foundation's federal exempt organization business tax returns (Form 990) for 2007 and later are subject to examination by the IRS. RECONCILIATION OF INCOME PART XII, LINE 4B & PART XIII, LINE 4B EXPENSES OF CONSOLIDATED ENTITY (HOUSTON BALLET GUILD, INC.) IN THE AMOUNT OF ($2,717,620) ARE NET WITH CONTRIBUTED INCOME FOR TAX RETURN PRESENTATION, FUNDRAISING EVENT DIRECT EXPENSES OF ($162,471) ARE SHOWN NET WITH EVENT REVENUE FOR TAX RETURN PRESENTATION, AND SOUVENIR EXPENSES OF $153,987 ARE NOT SHOWN AS NET WITH OTHER MISCELLANEOUS REVENUE FOR TAX RETURN PRESENTATION. TOTAL OTHER AMOUNTS INCLUDED ON SCHEDULE D, PART XII, LINE 4B, AND SCHEDULE D, PART XIII, LINE 4B, BUT NOT ON LINE 1 IS ($2,726,104). USE OF ENDOWMENT FUNDS PART V, LINE 4 HOUSTON BALLET FOUNDATION USES ENDOWMENT FUNDS TO GUARANTEE FUTURE FINANCIAL SECURITY OF THE FOUNDATION. ENDOWMENT FUNDS ARE INVESTED TO PROVIDE THE FOUNDATION WITH LONG-TERM GROWTH CONSISTENT WITH THE PRESERVATION OF CAPITAL AND THE ANNUAL BUDGET REQUIREMENT WITHIN WITHDRAWAL LIMITATIONS ESTABLISHED BY THE BOARD OF TRUSTEES OF THE FOUNDATION. Central America and the Caribbean 0 0 Program Services TOUR PERFORMANCE 7372 0 0 0 0 7372 7372 false false false false false false ACCOUNTING METHOD PART I, LINE 3, COLUMN (F) ACCRUAL X X X X X X X true DCM TELEFUNDING false 423258 225668 197590 ALEXANDER HAAS CAMPAIGN false 635868 54000 581868 1059126 279668 779458 TX DANCING 1 274585 241735 32850 3844 22439 41038 DANCING 2 422903 374853 48050 5624 24745 54409 1 44961 26900 18061 9952 420 742449 643488 98961 19420 47184 95867 162471 -63510 AMOUNT PAID TO FUNDRAISER LISTED IN COL (I) PART I, LINE 2B, COLUMN (V) HOUSTON BALLET FOUNDATION ALSO REIMBURSED DIRECT TRAVEL EXPENSES OF $1,154 INCURRED IN CONNECTION WITH ITS FUNDRAISING AGREEMENT WITH ALEXANDER HAAS. X X X X false false false false false false false false false Conner Jr Cecil C 164475 0 15150 179625 179770 Welch Stanton 205600 5750 21000 17206 249556 224517 SANGER CULTURAL EDUCATION FACILITIES FINANCE CORP 263736640 2010-07-22 20000000 CONSTRUCT AND EQUIPMENT FACILITY false false false 20000000 147993 95000 19483591 273416 2011 false false true true false false false false false 0.00000 0.00000 0.00000 true false false false false false true MR JAMES FURR SPOUSE OF MRS JAMES FURR 398744 ARCHITECTURAL SERVICES false X 34358 SELLING PRICE X 23 437148 MARKET VALUE X 4 15730 SELLING PRICE X 13 43183 SELLING PRICE X ENTERTAINMENT 13 13508 COMPARABLE ITEM SALE X PARTY GOODS RENTAL 2 1920 COMPARABLE ITEM SALE 0 false true false GOVERNING BODY PART VI, SECTION A, LINE 1A The Board of Trustees delegates its authority to act on its behalf to the Executive Committee, which has broad authority to act on behalf of the Board of Trustees. The Executive Committee consists of 25 people (Chairman, President, Secretary, Vice President-Academy, Vice President-Finance, Vice President-Investments, Vice President-Institutional Giving, Vice President-Marketing, Vice President-Special Events, and 16 Members-at-Large, including the Houston Ballet Guild President) all of which are members of the Board of Trustees. OFFICER & TRUSTEE RELATIONS PART VI, SECTION A, LINE 2 The following trustees or officers have a relationship with a trustee or officer of the Houston Ballet Foundation: Mr. Ira Brown/Mrs. Ira Brown-family relationship Mr. James Crownover/Mrs. James Crownover-family relationship Mrs. Harry Cullen/Mrs. Harry Cullen, Jr.-family relationship Mrs. Harry Cullen/Mrs. Joseph McCord-family relationship Mrs. Harry Cullen, Jr./Mrs. Joseph McCord-family relationship Mrs. Harry Cullen, Jr./Mrs. Pamela Earthman-family relationship Linda K. Finger/Mrs. Richard Finger-family relationship Mrs. E. Daniel Leightman/Mr. E. Daniel Leightman-family relationship Mrs. Harry Mach/Mrs. Steve Mach-family relationship Mrs. Richard Mithoff/Mrs. Michael Mithoff-family relationship Mrs. Margaret Alkek Williams/Ms. Randa Duncan Williams-family relationship The following Houston Ballet Guild trustees or officers have a relationship with a trustee or officer of the Houston Ballet Foundation, respectively: Mrs. Katrina Arnim/Mr. Cecil Arnim, III-family relationship Mrs. E. Daniel Leightman/Mr. E. Daniel Leightman-family relationship Mrs. Richard Mithoff/Mrs. Michael Mithoff-family relationship Mrs. Mary Alice Parmet/Mr. Michael Parmet-family relationship Mrs. Shawn Stephens/Mr. James Jordan-family relationship The following trustees or officers have a business relationship with Houston Ballet Foundation and Houston Ballet Guild, Inc. (EIN 74-2129272): Mr. Joseph Hafner, Jr. Mr. Karl Stern Mrs. E. Daniel Leightman Mrs. James Parr MEMBERS AND STOCKHOLDERS PART VI, SECTION A, LINE 6: THE HOUSTON BALLET FOUNDATION IS AN ORGANIZATION WITH MEMBERS WHO MEET ANNUALLY AND VOTE TO ELECT THE BOARD OF TRUSTEES. THE MEMBERS DO NOT EXERCISE ANY MANAGEMENT AUTHORITY AND DO NOT RECEIVE ANY SHARE OF THE ORGANIZATION'S PROFITS OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. TRUSTEE ELECTION PART VI, SECTION A, LINE 7A THE MEMBERS OF HOUSTON BALLET FOUNDATION MEET ANNUALLY AND VOTE TO ELECT THE BOARD OF TRUSTEES. 990 REVIEW PROCESS PART VI, SECTION B, LINE 11B THE TRUSTEES OF THE BOARD WERE PROVIDED ELECTRONIC COPIES OF THE PREPARED FORM 990 PRIOR TO ITS FILING. THE AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE REVIEWED THE PREPARED FORM 990 DURING THE COURSE OF THEIR MEETINGS IN APRIL AND MAY. CONFLICTS OF INTEREST POLICY PART VI, SECTION B, LINE 12C ALL TRUSTEES OF THE BOARD ARE SENT A QUESTIONAIRE ANNUALLY THAT INCLUDES THE NAME, TITLE, DATE, AND SIGNATURE OF EACH PERSON REPORTING TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. OFFICER COMPENSATION PART VI, SECTION B, LINE 15A BEFORE HIRING OR EXTENDING THE WRITTEN EMPLOYMENT CONTRACTS OF EITHER THE MANAGING DIRECTOR OR THE ARTISTIC DIRECTOR, THE EXECUTIVE COMMITTEE OR A SPECIALLY-FORMED COMMITTEE REVIEWS DATA INCLUDING, BUT NOT LIMITED TO, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS, AND EMPLOYMENT CONTRACTS. THE EXECUTIVE COMMITTEE APPROVES THE COMPENSATION OF BOTH THE MANAGING DIRECTOR AND THE ARTISTIC DIRECTOR. EMPLOYEE COMPENSATION PART VI, SECTION B, LINE 15B WITHIN BUDGETARY CONSTRAINTS APPROVED BY THE EXECUTIVE COMMITTEE AND AFTER REVIEWING FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS AND EMPLOYMENT CONTRACTS, THE MANAGING DIRECTOR AND/OR ARTISTIC DIRECTOR APPROVE THE COMPENSATION FOR OFFICERS OR KEY EMPLOYEES OF THE HOUSTON BALLET FOUNDATION. AVAILABILITY TO THE PUBLIC PART VI, SECTION C, LINE 18 AND 19 THE 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND THROUGH GUIDESTAR ONLINE AND A LINK TO GUIDESTAR IS ON THE HBF WEBSITE. ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ETC. ARE AVAILABLE UPON REQUEST. AVERAGE HOURS PART VII, SECTION A, COLUMN B Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors: Trustees not serving on the Executive Committee may attend meetings for the Full Board of Trustees or meetings of other Committees, but the average weekly hours is less than .10 per week and are listed with .10 in Column B as a result. AVERAGE HOURS PART VII, SECTION A Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors: No estimate of hours per week to related organizations was made as no compensation is reported in Column E and F from any related organization. OTHER CHANGES IN NET ASSETS OR FUND BALANCES PART XI, QUESTION 5 UNREALIZED GAIN OF $8,199,814 COMMITTEE ASSUMING RESPONSIBILITY FOR OVERSIGHT OF FINANCIAL STATEMENTS PART XII, QUESTION 2C HOUSTON BALLET FOUNDATION AND HOUSTON BALLET GUILD, INC. HAVE A COMBINED AUDIT REPORT. HOUSTON BALLET FOUNDATION HAS AN AUDIT COMMITTEE CHARGED WITH RESPONSIBILITY FOR THE OVERSIGHT OF THE COMBINED FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. HOUSTON BALLET GUILD INC 601 PRESTON ST HOUSTON TX 77002 742129272 SUPPORT HBF TX 501(C)(3) 11B-TYPE II NA WORTHAM CENTER OPERATING CO INC 510 PRESTON ST STE 201 HOUSTON TX 77002 760205663 SUPPORT HBF TX 501(C)(3) 11C-III-F NA false false true false false false false false false false false true true true false true false false