2023-10-17T11:03:10-05:00 2023-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2022-07-01 546049848 THE RICHMOND BALLET RICH 8043440906 407 E CANAL STREET RICHMOND VA 23219 BRETT BONDA MANAGING DIRECTOR 8043440906 2023-10-17 1 BRETT BONDA 999009999 0 OLIVIA A HUTTON CPA P00964688 5406623417 2023-10-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHMOND BALLET BRETT BONDA 407 E CANAL ST RICHMOND VA 23219 9577987 0 X WWW.RICHMONDBALLET.COM X 1968 VA RICHMOND BALLET AWAKENS, UPLIFTS, AND UNITES HUMAN SPIRITS THROUGH THE POWER OF DANCE. DEDICATED TO THE EVOLUTION OF BALLET AS A VERSATILE LANGUAGE OF MOVEMENT THAT CROSSES NATIONAL AND CULTURAL BOUNDARIES, WE SEEK TO DRAW AN EVER BROADER RANGE OF ARTISTS, STUDENTS, AND AUDIENCES TO EXPERIENCE THE MAGIC OF DANCE THROUGH INSPIRING PERFORMANCES, OUTSTANDING TRAINING, AND MEANINGFUL COMMUNITY ENGAGEMENT. 32 30 141 97 27064 5032 4646343 2772741 2894227 3678541 559723 -204416 33101 -42319 8133394 6204547 237162 280916 0 0 3841935 4081170 0 0 392544 1444141 1903851 5523238 6265937 2610156 -61390 10091737 10853342 577579 667498 9514158 10185844 X THROUGH ALL OF ITS PROGRAMS, RICHMOND BALLET STRIVES TO EXPAND ACCESS TO DANCE FOR THE BENEFIT OF THE ENTIRE COMMUNITY. AT THE HEART OF THE ORGANIZATION'S MISSION, TO AWAKEN, UPLIFT, AND UNITE HUMAN SPIRITS, IS THE CONVICTION THAT THE APPETITE AND NEED FOR ARTS EXPERIENCES IS BOTH UNIVERSAL AND ETERNAL. ENGAGEMENT WITH THE ARTS CREATES SHARED EXPERIENCES THAT UNITE PEOPLE OF DIVERSE BACKGROUNDS. RICHMOND BALLET IS COMMITTED TO IDENTIFYING AND CARVING PATHWAYS THROUGH BARRIERS IN ACCESS TO THESE EXPERIENCES FOR ALL MEMBERS OF THE COMMUNITY. 0 0 3357329 2100282 PROFESSIONAL COMPANY PERFORMANCES - RICHMOND BALLET IS ONE OF VIRGINIA'S FINEST ART AND DANCE EDUCATION INSTITUTIONS AND HAS GAINED NATIONAL AND INTERNATIONAL ACCLAIM AS A PREMIER DANCE ORGANIZATION. NEARLY 35,000 PEOPLE IN AND AROUND THE RICHMOND, VA AREA JOINED RICHMOND BALLET FOR FOUR REPERTORY PRODUCTIONS AS WELL AS FULL LENGTH PRODUCTIONS OF "THE NUTCRACKER AND "FIREBIRD" WITH "SERENADE." RICHMOND BALLET ALSO COMPLETED TOURS AND LECTURE DEMONSTRATIONS AT VARIOUS SCHOOLS AND LOCALITIES THROUGHOUT THE COMMONWEALTH OF VIRGINIA, INCLUDING VIRGINIA BEACH, REACHING NEARLY 25,000 STUDENTS AND OVER 1,000 COMMUNITY PATRONS. 1398508 280916 1442337 DANCE SCHOOL - THE SCHOOL OF RICHMOND BALLET OFFERS TRAINING IN A WIDE VARIETY OF DANCE FORMS, INCLUDING BALLET, MODERN, THEATER DANCE, AND CHARACTER. WITH NO AUDITION REQUIREMENT, ADMISSION TO THE SCHOOL IS INCLUSIVE. DANCE CLASSES ARE PROVIDED TO ALMOST 1,000 STUDENTS, AGES 4 TO ADULT, 7 DAYS A WEEK. THE SCHOOL ALSO PROVIDES ADVANCED TRAINING FOR QUALIFIED STUDENTS WHO PERFORM WITH THE BALLET'S PROFESSIONAL DANCE COMPANY. OVER $280,000 GIVEN IN FINANCIAL AID AND SCHOLARSHIPS HELPED OVER 100 STUDENTS PARTICIPATE IN DANCE CLASSES THIS YEAR. 427189 108858 MINDS IN MOTION (MIM) - MIM IS RICHMOND BALLET'S PRIMARY COMMUNITY ENGAGEMENT PROGRAM, REACHING OVER 1,000 CHILDREN FROM A RANGE OF SOCIOECONOMIC BACKGROUNDS. THIS IN-SCHOOL PROGRAM FEATURES AN ENGAGING, MOVEMENT-BASED CURRICULUM TAUGHT BY PROFESSIONAL TEACHING ARTISTS AND MUSICIANS IN SCHOOLS THROUGHOUT VIRGINIA AND ISRAEL. MIM STRIVES TO NURTURE SELF-CONFIDENCE IN STUDENTS AND ENDEAVORS TO CULTIVATE COMMUNICATION AND TEAMWORK SKILLS. TEACHING ARTISTS FOLLOW A CURRICULUM THAT GUIDES STUDENTS TOWARD MASTERY OF COMPLEX MOVEMENT, TIMING, AND CHOREOGRAPHY. THROUGH THE EXPERIENCE OF SUCCESSFUL GROUP LEARNING, STUDENTS PERCEIVE AND MODEL THE VALUE AND BENEFITS OF TEAMWORK AND RESPECTFUL COMMUNICATION. THE PROGRAM CONCLUDES WITH AN ORIGINAL PRODUCTION PRESENTED FOR A LIVE AUDIENCE, THEMED THIS YEAR AROUND CELEBRATING VOICES FROM VIRGINIA'S PAST, PRESENT, AND FUTURE. APPROXIMATELY 50% OF PARTICIPANTS ATTEND A TITLE I SCHOOL OR A TUITION-FREE INDEPENDENT SCHOOL PRIMARILY SERVING LOW-INCOME STUDENTS. SINCE ITS INCEPTION, MIM REMAINS THE ONLY PROGRAM OF ITS KIND IN THE COMMONWEALTH OF VIRGINIA. NEARLY 800 STUDENTS FROM SIXTEEN PARTICIPATING SCHOOLS IN THE RICHMOND AREA CELEBRATED THEIR DANCE ACHIEVEMENTS IN A CULMINATING PERFORMANCE WITH OVER 3,000 PEERS, FAMILIES AND COMMUNITY MEMBERS IN THE AUDIENCE. THROUGH ITS RESIDENCY PROGRAM, MIM ALSO REACHED ANOTHER 300 STUDENTS AND 1,000 COMMUNITY MEMBERS IN ISRAEL AND PORTSMOUTH, VIRGINIA. 5183026 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 49 0 1 141 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X MICHELLE MULLER 8043440906 407 E CANAL ST RICHMOND VA 23219 DAVID R BERAN PAST PRESIDENT 5.00 X X 0 0 0 MEG CLINARD PRESIDENT 5.00 X X 0 0 0 JEFF JONES VICE PRESIDENT 3.00 X X 0 0 0 TIFFANY B ARMSTRONG VICE PRESIDENT 2.00 X X 0 0 0 DAN BRYANT TREASURER & VP 2.00 X X 0 0 0 LIBBY ROBERTSON VICE PRESIDENT 2.00 X X 0 0 0 CHRISTIN KENNEDY VICE PRESIDENT 2.00 X X 0 0 0 GAYE MONTGOMERY SECRETARY 2.00 X X 0 0 0 STONER WINSLETT ARTISTIC DIRECTOR 40.00 X X 142911 0 4424 BRETT BONDA MANAGING DIRECTOR 40.00 X X 112691 0 5988 KATHLEEN MACCIO HOLMAN CHAIRMAN 5.00 X X 0 0 0 HUNTER APPLEWHITE TRUSTEE 2.00 X 0 0 0 MRS HERBERT A CLAIBORNE JR TRUSTEE 2.00 X 0 0 0 KATHERINE DUVAL TRUSTEE 2.00 X 0 0 0 MRS R FINLEY GAYLE TRUSTEE 2.00 X 0 0 0 MAGGIE GEORGIADIS TRUSTEE 2.00 X 0 0 0 RYAN GLASGOW TRUSTEE 2.00 X 0 0 0 PHILIP GOODPASTURE TRUSTEE 2.00 X 0 0 0 WILLIAM HANCOCK TRUSTEE 2.00 X 0 0 0 KATHLEEN LUKE TRUSTEE 2.00 X 0 0 0 J ROBERT MOONEY TRUSTEE 2.00 X 0 0 0 MAC MOYERS TRUSTEE 2.00 X 0 0 0 KWADWO OWUSU-AKYAW MD TRUSTEE 2.00 X 0 0 0 CAROLYN PORT MD TRUSTEE 2.00 X 0 0 0 SELINA RAINEY TRUSTEE 2.00 X 0 0 0 DONNA RANSONE TRUSTEE 2.00 X 0 0 0 DAPHNE MAXWELL REID TRUSTEE 2.00 X 0 0 0 MRS RICHARD S REYNOLDS III TRUSTEE 2.00 X 0 0 0 MRS ANDREWS G SPITZER TRUSTEE 2.00 X 0 0 0 ROBIN ROBERTSON STARR TRUSTEE 3.00 X 0 0 0 LIZ TOMS TRUSTEE 2.00 X 0 0 0 BARBARA WRIGHT TRUSTEE 2.00 X 0 0 0 SUZANNE YOUNGKIN NONVOTING HONARY TRUSTEE 0.00 X 0 0 0 MICHELLE MULLER CHIEF FINANCIAL OFFICER 40.00 X 75175 0 4130 330777 0 14542 2 0 0 0 RICHMOND SYMPHONY 612 E GRACE ST SUITE 401 RICHMOND VA 23219 LIVE ORCHESTRA 193550 1 332649 50398 122887 2266807 161549 2772741 PRODUCTION AND TOURS 711120 2127346 2100282 27064 SCHOOL TUITION 611600 1442337 1442337 MINDS IN MOTION 611600 108858 108858 3678541 147687 147687 6800 0 6800 6800 6800 2872126 3184521 39708 -312395 -39708 -352103 -352103 51125 332649 149211 -98086 -98086 MISCELLANEOUS 711120 48967 48967 48967 6204547 3651477 27064 -246735 280916 280916 473317 226178 187091 60048 3087382 2660607 193051 233724 278069 226215 35692 16162 242402 196356 29192 16854 1317 1317 21371 21371 30401 30401 65221 15156 46623 3442 175991 175991 73036 19535 47454 6047 56336 7978 44763 3595 27697 27697 354048 324520 23831 5697 110073 100251 8791 1031 187895 177542 4747 5606 26459 17780 8343 336 OTHER PRODUCTION EXPENS 514396 514396 BUSINESS LICENSES AND A 130979 128829 2150 EDUCATION EXPENSES 79883 79883 FUNDRAISING COSTS 39502 39502 9246 1879 6867 500 6265937 5183026 690367 392544 2496525 673429 672267 283088 467318 88033 19978 29716 46545 57756 136861 3737026 1893398 1621623 1843628 5308601 6920404 206395 72912 10091737 10853342 204213 191028 373366 403369 0 73101 577579 667498 X 6772883 7168499 2741275 3017345 9514158 10185844 10091737 10853342 -61390 733076 0 X X 0 1 X 1 0 X 3081356 3707531 4258475 4646343 2722342 18416047 4050448 3682183 1610706 2866342 3651477 15861156 7131804 7389714 5869181 7512685 6373819 34277203 95516 234520 170579 156760 304239 961614 0 95516 234520 170579 156760 304239 961614 33315589 161703 121720 67333 69184 154487 574427 161703 121720 67333 69184 154487 574427 2906 27064 29970 8998 33101 48969 91068 7293507 7511434 5945512 7617876 6604339 34972668 0.95260 0.95580 0.01640 0.01420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3281182 76782 311715 3669686 2916842 784000 -419660 3281182 2301816 125000 541783 5164 46593 2916842 1645977 751219 -67297 2350 25733 2301816 1220813 347263 97217 1676 17640 1645977 0.43000 0.49000 0.08000 0 0 75777 66559 9218 3661249 1826839 1834410 1843628 LEASE LIABILITIES 73101 73101 X PART X, LINE 2: ACCOUNTING FOR UNCERTAIN TAX POSITIONS: MANAGEMENT EVALUATED THE BALLET'S TAX POSITIONS AND CONCLUDED THAT THE BALLET HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE BALLET IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS ENDING BEFORE 2019 . PART V, LINE 4 THE ENDOWMENT IS CURRENTLY MADE UP OF THE STONER WINSLETT SCHOLARSHIP FUND, THE GENERAL ENDOWMENT FUND, AND THE BOARD DESIGNATED ENDOWMENT. THE SCHOLARSHIP FUND IS PERMENANTLY RESTRICTED FOR THE SUPPORT OF THE SCHOLARSHIP OF RICHMOND BALLET, "MINDS IN MOTION AND OTHER OUTREACH PROGRAMS. THE GENERAL FUND IS ALSO PERMENANTLY RESTRICTED TO AID IN THE LONG-TERM FINANCIAL WELL-BEING OF THE BALLET. THE BOARD DESIGNATED FUND IS UNRESTRICTED WITH ITS PURPOSE TO BE DETERMINED. 4% OF THE BALANCE AVERAGED OVER A 3 YEAR PERIOD IS DISTRIBUTED ANNUALLY FOR SCHOLARSHIPS AND GENERAL OPERATING (PROVIDED CUMULATIVE EARNINGS EXCEED THE 4%). GALA 383774 332649 51125 0 27582 6360 52042 0 63227 383774 332649 51125 27582 6360 52042 63227 149211 -98086 1 SCHOLARSHIP/FINANCIAL AID TO DANCE STUDENTS 118 280916 PART I, LINE 2: PARENTS OF STUDENTS SUBMIT FINANCIAL AID APPLICATIONS INCLUDING TAX RETURNS TO THE BUSINESS MANAGER FOR THE SCHOOL OF RICHMOND BALLET. THE BUSINESS MANAGER CONSULTS WITH THE SCHOOL DIRECTOR AND AID IS GRANTED BASED ON FUNDS AVAILABLE AND FINANCIAL NEED OF THE APPLICANT. MERIT SCHOLARSHIPS ARE AWARDED TO TALENTED STUDENTS AT THE DISCRETION OF THE SCHOOL DIRECTOR. AWARDS ARE NOT PAID DIRECTLY TO PARTICIPANTS BUT ARE DEDUCTED FROM TUITION OWED. X 14 80151 FAIR VALUE X GALA AUCTION ITEMS 106 66648 SALES COMPARABLE PRO X SET PRODUCTION 1 14750 FAIR VALUE PROVIDED 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING, THE 990 IS CIRCULATED VIA EMAIL TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW. PAPER COPIES ARE ALSO AVAILABLE UPON REQUEST. THE FINANCE COMMITTEE OF THE BOARD, INCLUDING EIGHT TRUSTEES IS RESPONSIBLE FOR THE FINAL REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BALLET DISTRIBUTES A CONFLICT OF INTEREST FORM TO ALL MEMBERS OF THE BOARD OF TRUSTEES AT THEIR ANNUAL MEETING IN MAY OF EACH YEAR. THE FORM IS COMPLETED BY EACH TRUSTEE STATING ANY CONFLICTS AND RETURNED TO THE BALLET IN A TIMELY MANNER. FOR EACH INTEREST DISCLOSED TO THE PRESIDENT, HE/SHE WILL DETERMINE WHETHER TO: 1) TAKE NO ACTION 2) ASSURE FULL DISCLOSURE TO THE BOARD OF TRUSTEES AND OTHER INDIVIDUALS COVERED BY THE POLICY 3) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION OR 4) ASK THE PERSON TO RESIGN HIS/HER POSITION OR, IF THE PERSON REFUSES TO RESIGN, THEY ARE SUBJECT TO REMOVAL. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF HUMAN RESOURCES FORWARDS ALL APPROPRIATE DOCUMENTATION TO THE PRESIDENT OF THE BOARD OF TRUSTEES TO REVIEW ANY INCREASES IN COMPENSATION FOR THE ARTISTIC DIRECTOR AND THE MANAGING DIRECTOR. IN TURN, THE ARTISTIC DIRECTOR AND MANAGING DIRECTOR ARE RESPONSIBLE FOR APPROVING ALL OTHER KEY EMPLOYEES' SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. RICHMOND BALLET BUILDING CORPORATION 407 E CANAL STREET RICHMOND VA 23219 263887749 HOLDS PROPERTY VA 501(C)2 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 RICHMOND BALLET BUILDING CORPORATION C 50398 FAIR VALUE RICHMOND BALLET BUILDING CORPORATION N VALUE NOT DETERMINED