SAN FRANCISCO BALLET ENDOWMENT FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- SAN FRANCISCO BALLET ENDOWMENT FOUNDATION (EIN 94-2747262)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-04-28
- IRS object ID
- 201111189349300231
- Schema version
- 2009v1.7
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-28T15:21:57-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 WEST SANTA CLARA STREET | AddressLine1 |
| City | SAN JOSE | City |
| State | CA | State |
| ZIP Code | 95113 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942747262 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | San Francisco Ballet Endowment Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SANF | NameControl |
| Phone | 4158615600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 Franklin Street | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94102 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIMBERLY O CARIM | Name |
| Title | CFO | Title |
| Phone | 4158615600 | Phone |
| Date Signed | 2011-04-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4087044000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | John Osterweis | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 Franklin St | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13457268 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1980 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | Assist in development and management of endowment funds for San Francisco Ballet Association | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1186825 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 578311 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 2368 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -6745631 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1323116 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | -5558806 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1903795 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4151092 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4118482 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 197265 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 253262 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 14020 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 10809 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 261524 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 653929 | OtherExpensePriorYear |
| Other Expenses Current Year | 314270 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5016306 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4696823 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -10575112 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2793028 | RevenuesLessExpensesCY |
| Total Assets BOY | 83715070 | TotalAssetsBOY |
| Total Assets EOY | 86901599 | TotalAssetsEOY |
| Total Liabilities BOY | 14238708 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 13975389 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 69476362 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 72926210 | NetAssetsOrFundBalancesEOY |
| Mission Description | The San Francisco Ballet Endowment Foundation was established in 1980 and in 1981 made its first distribution to the San Francisco Ballet Association (the Association), a California nonprofit public benefit corporation. Since then, strong investment returns and contributions, primarily from estates and from donors, have grown significantly and increased the importance of the endowment to the Association's revenue stream. The Foundation is incorporated as a separate nonprofit public benefit corporation for the purpose of holding and managing endowment funds for the benefit of the Association. It seeks to provide the Association with a reliable source of support while protecting its investments against inflation and wide swings in the capital markets so that the Association may continue its mission to share the joy of dance with the widest possible audience in the community and around the globe. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 44052 | Expense |
| Grants | 44052 | Grants |
| Description | Development Programs: Assist dancers and former dancers with furthering their education to achieve their post-dancing career plans. (27 dancers assisted) | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4175998 | Expense |
| Grants | 4074430 | Grants |
| Description | Management and oversight: Holding and managing endowment funds for the benefit of San Francisco Ballet Association. (4,074,430 distributed) | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4220050 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kimberly O Carim | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4158615600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 Franklin Street | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Hank Holland | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| John S Osterweis | |||||||
| President | 5.00 | X | 0 | 0 | 0 | X | |
| Thomas E Horn | |||||||
| Treasurer | 5.00 | X | 0 | 0 | 0 | X | |
| Carole Obley | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Chris Hellman | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| George B James | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| J Stuart Francis | |||||||
| Vice president | 2.00 | X | 0 | 0 | 0 | X | |
| James D Marver | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Richard C Barker | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Robert M Smelick | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Susan Briggs | |||||||
| Director | 2.00 | X | 0 | 0 | 0 | ||
| Patricia Teroller | |||||||
| Secretary | 5.00 | X | 0 | 0 | 0 | X | |
| Kimberly O Carim | |||||||
| Chief Financial Officer | 9.00 | 0 | 138250 | 8535 | X | ||
| THOMAS WILLIAM FLYNN | |||||||
| DIRECTOR OF DEVELOPMENT | 7.00 | 0 | 162319 | 8865 | X | ||
| Sarah Rhyins | |||||||
| Assoc Dir of Development | 4.00 | 0 | 100230 | 10252 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 400799 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 27652 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Related Organizations | 19407 | RelatedOrganizations |
| All Other Contributions | 558904 | AllOtherContributions |
| Total Contributions | 578311 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Donor appreciation | Description |
| Business Code | 711120 | BusinessCode |
| Total Revenue Column | 2368 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2368 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2368 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1460088 | TotalRevenueColumn |
| Exclusion | $1,460,088 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6987381 | Securities |
| Other | 4429120 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7053473 | Securities |
| Other | 4500000 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -66092 | Securities |
| Other | -70880 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -136972 | TotalRevenueColumn |
| Exclusion | -$136,972 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1903795 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2368 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,323,116 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4074430 | Total |
| Program Services | 4074430 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44052 | Total |
| Program Services | 44052 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35627 | Total |
| Management And General | 35627 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170512 | Total |
| Management And General | 42609 | ManagementAndGeneral |
| Fundraising | 127903 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31809 | Total |
| Management And General | 11749 | ManagementAndGeneral |
| Fundraising | 20060 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15314 | Total |
| Management And General | 5888 | ManagementAndGeneral |
| Fundraising | 9426 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5112 | Total |
| Fundraising | 5112 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39777 | Total |
| Management And General | 38040 | ManagementAndGeneral |
| Fundraising | 1737 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10809 | Total |
| Fundraising | 10809 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97132 | Total |
| Program Services | 97132 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9993 | Total |
| Program Services | 4368 | ProgramServices |
| Management And General | 5625 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11284 | Total |
| Fundraising | 11284 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21231 | Total |
| Management And General | 250 | ManagementAndGeneral |
| Fundraising | 20981 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10260 | Total |
| Management And General | 5325 | ManagementAndGeneral |
| Fundraising | 4935 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650 | Total |
| Fundraising | 650 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2021 | Total |
| Management And General | 24 | ManagementAndGeneral |
| Fundraising | 1997 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35277 | Total |
| Fundraising | 35277 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising | Program ServicesProgramServices |
|---|---|---|---|---|
| Receivable Write-off | 70112 | 70112 | ||
| CREDIT CARD FEES | 4487 | 4487 | ||
| Asset Management | 38 | 38 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6896 | Total |
| Program Services | 30 | ProgramServices |
| Fundraising | 6866 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4696823 | Total |
| Program Services | 4220050 | ProgramServices |
| Management And General | 215249 | ManagementAndGeneral |
| Fundraising | 261524 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -244396 | BOY |
| EOY | 219041 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4101257 | BOY |
| EOY | 1164258 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3938930 | BOY |
| EOY | 2574415 | EOY |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41038414 | BOY |
| EOY | 50884482 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28865961 | BOY |
| EOY | 25884642 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6014904 | BOY |
| EOY | 6174761 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83715070 | BOY |
| EOY | 86901599 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18309 | BOY |
| EOY | 17562 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14220399 | BOY |
| EOY | 13957827 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14238708 | BOY |
| EOY | 13975389 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12501934 | BOY |
| EOY | 15462090 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7047143 | BOY |
| EOY | 6646905 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49927285 | BOY |
| EOY | 50817215 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69476362 | BOY |
| EOY | 72926210 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83715070 | BOY |
| EOY | 86901599 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SF BALLET | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 941415298 | EIN |
| Type Of Organization | 501(C)(3) | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $4,074,430 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 4074430 | SumOfAmounts |
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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 74005632 | BeginningOfYearBalance |
| Contributions | 1755909 | Contributions |
| Investment Earnings Or Losses | 7570539 | InvestmentEarningsOrLosses |
| Other Expenditures | 4074430 | OtherExpenditures |
| Administrative Expenses | 1324266 | AdministrativeExpenses |
| End Of Year Balance | 77933384 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 87451612 | BeginningOfYearBalance |
| Contributions | 4422933 | Contributions |
| Investment Earnings Or Losses | -12646393 | InvestmentEarningsOrLosses |
| Other Expenditures | 4094480 | OtherExpenditures |
| Administrative Expenses | 1128040 | AdministrativeExpenses |
| End Of Year Balance | 74005632 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.38000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.56000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CANYON VALUE REALIZATION FUND | 4338339 | F |
| WATERSHED CAPITAL INSTITUTIONAL PARTNERS LP | 3773733 | F |
| DAEDALUS PARTNERS LP | 13929788 | F |
| AURELIUS CAPITAL INTERNATIONAL, LTD | 3842782 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 25884642 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DIVIDENDS RECEIVABLE | 31858 |
| SPLIT INTEREST AGREEMENTS | 5417917 |
| POOLED INCOME FUND | 266967 |
| CHARITABLE GIFT ANNUITIES | 458019 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6174761 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CHARITABLE GIFT ANNUITY PAYMENT LIABILITY | $308,225 |
| DUE TO SAN FRANCISCO BALLET ASSOCIATION | $13,649,602 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 13957827 | TotalOfAmounts |
| Total Revenue | 1903795 | TotalRevenue |
| Total Expenses | 4696823 | TotalExpenses |
| Excess Or Deficit For Year | -2793028 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 6265963 | NetUnrealizedGLOnInvestments |
| Other | -$4,460,898 | OtherAmount |
| Total Adjustments | 1805065 | TotalAdjustments |
| Excess Or Deficit Per FS | -987963 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 47294432 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 6265963 | NetUnrealizedGainsInvestments |
| Other Revenues | 39123469 | OtherRevenues |
| Revenue Not Rptd F990 | 45389432 | RevenueNotRptdF990 |
| Revenue Subtotal | 1905000 | RevenueSubtotal |
| Other Revenues Not Included | -1205 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1205 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1903795 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 48282395 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 43600961 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 43600961 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4681434 | ExpensesSubtotal |
| Other Expenses Not Included | 15389 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 15389 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4696823 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | To develop and advance the art of ballet in all its forms, and particularly, to assist in the development and management (by acting as trustee of charitable trusts or otherwise) of endowment funds for San Francisco Ballet Association, a California nonprofit public benefit corporation within the meaning of section 501(c)(3) of the IRS code, as amended. |
| Part XII, Line 2d - Other Adjustments: | Other: 660509. SAN FRANCISCO BALLET ASSOCIATION: 38462960. | |
| Part XII, Line 4b - Other Adjustments: | Stock Liquidation Expense: -1205. | |
| Part XIII, Line 2d - Other Adjustments: | OTHER: 2019926. SAN FRANCISCO BALLET ASSOCIATION: 41581035. | |
| Part XIII, Line 4b - Other Adjustments: | OTHER: 15389. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | San Francisco Ballet Association | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 Franklin Street | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 941415298 | EINOfRecipient |
| IRC Section | 501(c)(3) | IRCSection |
| Amount Of Cash Grant | 4074430 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
| Purpose Of Grant | Endowment operating transfers are approved and budgeted in accordance with the organization's spending policy. Use of grant funds is monitored by the organization's CFO through review and audit of financial statementsEndowment operating transfers are approved and budgeted in accordance with the organization's spending policy. Use of grant funds is monitored by the organization's CFO through review and audit of financial statements. | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Artist Reserve Scholarship Fund | TypeOfGrant |
| Number Of Recipients | 27 | NumberOfRecipients |
| Amount Of Cash Grant | 44052 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Other Information: | Identifier |
| Return Reference | Part IV: | ReturnReference |
| Explanation | Part III, Column A - The Artists' reserve fund has been established by collective bargaining agreement for the purposes of enhancing the efforts of the San Francisco Ballet to assist San Francisco Ballet dancers. San Francisco Ballet grantees are required to submit documentation of appropriate expenses for reimbursement with grant funds awarded. The Organization reviews the documentation prior to reimbursement. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS WILLIAM FLYNN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 162319 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 8865 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 171184 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 171201 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Daedalus Partners LLP | |||
| The president of the organization is a general partner of Daedalus. | 500000 | The organization has a non-marketable limited partnership investment in Daedalus Partners, LLP. The Ballet requested a $500,000 withdrawal from the limited partnership investment and received the funds on October 1, 2009. withdrawal from this limited partnership investment as of September 30, 2009, which was received on October 1, 2009. | 0 |
| Osterweis Strategic Income Fund (OSTIX) | |||
| Investment management entity owned by John Osterweis, President | 4389750 | Market value of investment in OSTIX at 6/30/10 | 0 |
| (no name) | |||
| 0 | |||
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | In-kind service | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Non Reporting of Revenue: | Identifier |
| Return Reference | Part I, Line 33: | ReturnReference |
| Explanation | The 4 stock gifts were received in payment of pledges receivable in existence prior to the beginning of the fiscal year. The other noncash contribution was in-kind service revenue which was not included in Form 990 revenue. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 6 | The members of the foundation shall be those persons, and only those persons, who are from time to time members of the San Francisco Ballet Association's Board of Trustees, and each such person upon election or appointment to said Board of Trustees shall automatically become a member of the foundation and upon ceasing to be a member of said board of trustes shall automatically cease to be a member of the foundation. |
| Form 990, Part VI, Section A, line 7a | Members shall have, in addition to any other rights which may be granted to them under the By-Laws or by law, the right to vote (1) for the election of Directors, (2) on a disposition of all or substantially all of the Foundation's assets, (3) on a merger of the Foundation with another corporation, (4) on a dissolution of the Foundation, (5) on an amendment of the Articles of Incorporation and (6) on an amendment of the By-Laws (unless the By-Law amendment is approved by the Board alone in accordance with the terms of the By-Laws). |
| Form 990, Part VI, Section B, line 11 | The form 990 is reviewed by the organization's audit committee and is provided to the San Francisco Ballet Endowment Foundation board members before filing. |
| Form 990, Part VI, Section B, line 12c | The organization distributes the policy and a related questionnaire to Board members at the beginning of each Board year. Return of the questionnaire is monitored and enforced by the Board Relations Manager. Returned questionnaires are reviewed by the CFO for any potential issues or required disclosures. |
| Form 990, Part VI, Section B, line 15 | The only compensated Officer of the Organization is compensated by a related party, San Francisco Ballet Association. The Association's process for determining the compensation of the Chief Financial Officer involved analysis of the compensation by the compensation committee. |
| Form 990, Part VI, Section C, line 18 | Due to the age of the Organizaiton, Form 1023 is currently unavailable for the general public and the Organization is exempt from the requirement to provide Form 1023, as it was filed prior to the July 15, 1987 requirement date. |
| Form 990, Part VI, Section C, line 19 | The organization makes its audited financial statements for the most recent three years available to the public via its website. Form 990, governing documents and conflict of interest policy are also available upon request. |
| FORM 990, PART XI, LINE 2a & b : | The organization is required by GAAP to be consolidated with the results of the San Francisco Ballet Association. The consolidated entities were audited by an independent accountant; However, the organization itself was not audited on a stand alone basis. The San Francisco Ballet Association's and the Organization's Audit committee have joint responsibility for oversight of the audit of the consolidated financial statements. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAN FRANCISCO BALLET ASSOCIATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 FRANKLIN STREET | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 941415298 | EIN |
| Primary Activities | BALLET | PrimaryActivities |
| Legal Domicile State | CA | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | Line 11, Type I: 509 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| San Francisco Ballet Association | |
| B | 4074430 |
| San Francisco Ballet Association | |
| D | 44900000 |
| san Francisco Ballet Association | |
| N | 253262 |
| san Francisco Ballet Association | |
| O | 927850 |
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