2023-11-14T15:47:50-06:00 2022-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-01-01 131882106 BALLET THEATRE FOUNDATION INC BALL 2124773030 890 BROADWAY 3RD FLOOR NEW YORK NY 10003 SHAWN DAVIDSON CFO 2124773030 2023-11-14 1 SHAWN DAVIDSON 999009999 0 MICHAEL WALLACE P00881958 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMERICAN BALLET THEATRE SHAWN DAVIDSON 890 BROADWAY 3RD FLOOR NEW YORK NY 10003 45553433 0 X WWW.ABT.ORG X 1947 NY THE FOUNDATION'S BALLET COMPANY, AMERICAN BALLET THEATRE, DESIGNATED BY CONGRESSIONAL RESOLUTION IN 2006 AS AMERICA'S NATIONAL BALLET COMPANY, PRESENTS THE GREAT REPERTOIRE OF FULL-LENGTH BALLETS, ONE-ACT CLASSICS AND PIONEERING NEW WORKS TO AUDIENCES ACROSS THE COUNTRY AND AROUND THE WORLD. 37 34 734 59 0 0 46231788 21507207 8482351 15318907 1400720 670773 127175 64893 56242034 37561780 509823 395476 0 0 17861004 25715567 239846 373287 2756578 10882103 18867020 29492776 45351350 26749258 -7789570 91391905 75851680 15579134 12969407 75812771 62882273 X TO CREATE, TO PRESENT, TO PRESERVE, AND TO EXTEND THE GREAT REPERTOIRE OF CLASSICAL DANCING THROUGH EXCITING PERFORMANCES AND EDUCATIONAL PROGRAMMING OF THE HIGHEST QUALITY, PRESENTED TO THE WIDEST POSSIBLE AUDIENCE. AMERICAN BALLET THEATRE IS COMMITTED TO ITS TRADITION OF EXCELLENCE AND ITS LEADERSHIP ROLE AS AMERICA'S NATIONAL BALLET COMPANY. 0 0 30347068 9607257 SEASONS:IN 2022, ABT PRESENTED 7 WEEKS OF PERFORMANCES IN NEW YORK CITY AND 2 WEEKS OF PERFORMANCES IN COSTA MESA, CALIFORNIA. THE FIVE-WEEK SPRING METROPOLITAN OPERA HOUSE SEASON REPERTORY INCLUDED THE FULL-LENGTH BALLETS OF DON QUIXOTE, OF LOVE AND RAGE, SWAN LAKE, ROMEO AND JULIET, AND MIXED REPERTORY WORKS INCLUDING THEME AND VARIATIONS, ZIG-ZAG, AND SINGLE EYE. ABT PRESENTED FIVE PERFORMANCES OF WHIPPED CREAM AND SIX REPERTORY PROGRAMS FOR TWO WEEKS IN OCTOBER AT THE DAVID H. KOCH THEATER AT LINCOLN CENTER. IN DECEMBER, ABT PRESENTED THE NUTCRACKER FOR TWO WEEKS AT THE SEGERSTROM CENTER FOR THE ARTS IN COSTA MESA, CALIFORNIA. 2483953 1312500 TOURING: ABT'S TOURING BRINGS CLASSICAL BALLET TO AUDIENCES ACROSS THE COUNTRY AND AROUND THE WORLD. TOURING IN 2022 INCLUDED A REGULAR RESIDENCY AT THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS IN WASHINGTON, DC. ADDITIONAL TOURING IN 2022 INCLUDED PERFORMANCES AT THE SEGERSTROM CENTER FOR THE ARTS IN COSTA MESA, CALIFORNIA, THE MAHALIA JACKSON THEATER IN NEW ORLEANS, LOUSIANA, AND CHRYSLER HALL IN NORFOLK, VIRGINIA. 5649606 395476 4389375 EDUCATIONAL TRAINING AND OUTREACH: IN 2022, AMERICAN BALLET THEATRE'S DEPARTMENT OF EDUCATION AND TRAINING REACHED OVER 40,000 INDIVIDUALS THROUGH ITS PROGRAMS. ABT'S PRIMARY OUTREACH PROGRAM IS ABT AT SCHOOL: SERVING 20 NYC SCHOOLS ENGAGING OVER 2,500 STUDENTS. ABT'S STUDENT TRAINING PROGRAMS INCLUDE THE JACQUELINE KENNEDY ONASSIS SCHOOL (346 STUDENTS); SUMMER INTENSIVES HELD IN-PERSON (436 STUDENTS) AND ABT STUDIO COMPANY (12 STUDENTS), A PRE-PROFESSIONAL PROGRAM. ABT'S TEACHER TRAINING PROGRAM (ABT NATIONAL TRAINING CURRICULUM) HAD 167 NEWLY CERTIFIED TEACHERS ENROLLED IN ITS 2022 COURSES. TO DATE, THE PROGRAM HAS CERTIFIED OVER 3,000 TEACHERS IN 49 STATES AND 46 COUNTRIES. 38480627 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 198 0 1 734 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 37 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY CA CT FL NJ OH IL PA VA X X SHAWN DAVIDSON 2124773030 890 BROADWAY NEW YORK NY 10003 ANDREW F BARTH CHAIRMAN 5.00 X X 0 0 0 SHARON PATRICK VICE CHAIRMAN 5.00 X X 0 0 0 SARAH ARISON PRESIDENT 5.00 X X 0 0 0 MELISSA A SMITH SECRETARY 5.00 X X 0 0 0 STEWART SMITH TREASURER 5.00 X X 0 0 0 FRANCESCA MACARTNEY BEALE TRUSTEE 1.00 X 0 0 0 ALISON BERNSTEIN TRUSTEE 1.00 X 0 0 0 HAMISH BOWLES TRUSTEE 1.00 X 0 0 0 VALENTINO D CARLOTTI TRUSTEE 1.00 X 0 0 0 SUSAN FALES-HILL TRUSTEE 1.00 X 0 0 0 PAMELA FORD TRUSTEE 1.00 X 0 0 0 GWENDOLYN M FRAGOMEN TRUSTEE 1.00 X 0 0 0 JAMES HEXTER TRUSTEE 1.00 X 0 0 0 ANGELA H HO TRUSTEE 1.00 X 0 0 0 YONGSOO HUH TRUSTEE 1.00 X 0 0 0 WENDY EVANS JOSEPH TRUSTEE 1.00 X 0 0 0 SHELLY LONDON TRUSTEE 1.00 X 0 0 0 ALISSA HSU LYNCH TRUSTEE 1.00 X 0 0 0 PAULA MAHONEY TRUSTEE 1.00 X 0 0 0 NANCY MCCORMICK TRUSTEE 1.00 X 0 0 0 KARA MOORE TRUSTEE 1.00 X 0 0 0 PATRICIA R MORTON TRUSTEE 1.00 X 0 0 0 MICHAEL PAULL TRUSTEE 1.00 X 0 0 0 RICHARD PEPPERMAN TRUSTEE 1.00 X 0 0 0 DMITRI POTISHKO TRUSTEE 1.00 X 0 0 0 JANINE RACANELLI TRUSTEE 1.00 X 0 0 0 JENNA SEGAL TRUSTEE 1.00 X 0 0 0 SHARI SIADAT TRUSTEE 1.00 X 0 0 0 BETH CHARTOFF SPECTOR TRUSTEE 1.00 X 0 0 0 SUTTON STRACKE TRUSTEE 1.00 X 0 0 0 RUTGER VON POST TRUSTEE 1.00 X 0 0 0 DOUGLAS TABISH TRUSTEE 1.00 X 0 0 0 JOHN L WARDEN TRUSTEE 1.00 X 0 0 0 DOUGLAS C WURTH TRUSTEE 1.00 X 0 0 0 JANET ROLLE CEO / EXECUTIVE DIRECTOR 40.00 X X 482484 0 35027 SUSAN JAFFE ARTISTIC DIRECTOR AS OF 12/1/22 40.00 X X 73796 0 0 KEVIN MCKENZIE ARTISTIC DIRECTOR THROUGH 12/1/22 40.00 X X 464547 0 15877 SHAWN DAVIDSON CHIEF FINANCIAL OFFICER 40.00 X 234163 0 31656 STACY MARGOLIS CHIEF DEVELOPMENT OFFICER 40.00 X 179481 0 288 DAVID LANSKY GENERAL MANAGER 40.00 X 225736 0 11887 KYLE RIDAUGHT HEAD OF BUSINESS OPERATIONS 40.00 X 230731 0 15877 CHERYL KOHN SENIOR DIRECTOR, DEVELOPMENT 40.00 X 209520 0 15877 GODWIN FARRUGIA SENIOR DIRECTOR OF FINANCE 40.00 X 179890 0 13231 LOURDES LIZ CHIEF MARKETING DIRECTOR 40.00 X 224281 0 15877 2504629 0 155597 35 0 1 0 BILLUPS INC PO BOX 22012 NEW YORK NY 100872012 ADVERTISING 1084240 ROYAL OPERA HOUSE CONVENT GARDEN LONDON ENGLAND WC2E LONDON UK THEATRICAL PRODUCTIONS 442829 CLARK TRANSFER INC 800A PAXTON STREET HARRISBURG PA 171041647 SHIPPING 414235 CAPACITY INTERACTIVE CONSULTING LLC 1239 BROADWAY SUITE 1103 NEW YORK NY 10001 TRANSPORTATION 397900 UNDERHILL PRODUCTIONS LLC 20 GRAND AVE UNIT 302 BROOKLYN NY 11205 PRODUCTION SERVICE 366693 31 1517092 2221000 17769115 1095207 21507207 PERFORMANCE RECEIPTS 711120 10919757 10919757 TUITION INCOME 611710 3635121 3635121 PROGRAM FEES - EDUCATION 611710 564636 564636 HOUSING INCOME 711120 158844 158844 COSTUME RENTAL 711120 40549 40549 15318907 859182 859182 4587 4587 6936250 7124659 -188409 -188409 -188409 786318 1517092 786318 0 57527 80676 -23149 -23149 83455 13374 70081 83455 37561780 15309132 0 745441 299893 299893 95583 95583 1517319 554220 783330 179769 17684261 15357999 1348642 977620 793581 793581 3947956 3659483 137411 151062 1772450 1626292 50385 95773 163008 68834 64974 29200 71777 71777 373287 373287 120262 120262 1754483 530585 1115939 107959 2602243 2602243 262225 149520 34159 78546 102634 53074 32705 16855 353989 353989 1439252 1333319 49753 56180 1709115 1645626 38152 25337 368000 224689 44160 99151 1746919 1709249 14673 22997 172109 104987 20652 46470 VENUE LABOR & RENTAL 4727109 4698492 28617 PRODUCTION 941342 941342 CREDIT CARD & BANK FEES 806233 668272 28107 109854 SHOES AND TIGHTS 422153 422153 1104167 587202 130447 386518 45351350 38480627 4114145 2756578 34611791 23023127 123374 108705 15084054 17185105 676547 875438 76813 9064 1860816 2662138 25348007 20732403 5288141 4615604 30666792 24368922 3003577 3003577 91391905 75851680 4353533 3650564 1237508 1330750 7988093 7988093 2000000 15579134 12969407 X 17198752 14406667 58614019 48475606 75812771 62882273 91391905 75851680 -7789570 -5140928 0 X 0 0 0 X 24282900 22278176 22067546 46231788 21507207 136367617 24282900 22278176 22067546 46231788 21507207 136367617 13302790 123064827 800994 803770 637908 858403 863769 3964844 244726 159690 1054687 53477 83455 1596035 141928496 80210823 0.86710 0.86580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30866792 -4584872 1750000 120262 24411658 26365262 700000 3937345 135815 30866792 24202403 602476 2797829 1120000 117446 26365262 21449565 4229566 1360000 116728 24202403 22113012 1750000 -1611229 685000 117218 21449565 0.27220 0.46400 0.26380 0 0 1238635 1238635 0 4361136 2790557 1570579 1993212 1379696 613516 17755024 15323515 2431509 4615604 PART V, LINE 4: THE ENDOWMENT FUNDS' USES INCLUDE SUPPORT FOR NATIONAL RESIDENCY; CLASSICAL WORKS; NEW WORKS AND TRAINING SCHOLARSHIPS. THE ENDOWMENT FUNDS ALSO SUPPORT OPERATING EXPENSES. 1 EAST ASIA AND THE PACIFIC 0 10 PROGRAM SERVICES GRANT 53620 EUROPE 0 6 PROGRAM SERVICES GRANT 23513 NORTH AMERICA 0 2 PROGRAM SERVICES GRANT 12150 SOUTH AMERICA 0 1 PROGRAM SERVICES GRANT 6300 NORTH AMERICA 0 1 PROGRAM SERVICES TEACHER 13890 EUROPE 0 1 PROGRAM SERVICES TEACHER 4723 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES TEACHER 2856 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES OTHER ARTISTIC SERVICES 1120 NORTH AMERICA 0 2 PROGRAM SERVICES OTHER ARTISTIC SERVICES 50289 EUROPE 0 2 PROGRAM SERVICES OTHER ARTISTIC SERVICES 3812 EUROPE 0 8 PROGRAM SERVICES ROYALTIES 69776 NORTH AMERICA 0 1 PROGRAM SERVICES ROYALTIES 26268 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES ROYALTIES 1750 EUROPE 0 1 PROGRAM SERVICES SET DESIGN 35249 0 23 0 15 0 38 118172 187144 305316 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 5 22150 TUITION ASSISTANCE BOOK VALUE SCHOLARSHIPS EUROPE 5 19263 TUITION ASSISTANCE BOOK VALUE SCHOLARSHIPS NORTH AMERICA 1 12150 TUITION ASSISTANCE BOOK VALUE STIPENDS EAST ASIA AND THE PACIFIC 6 31470 CHECK STIPENDS EUROPE 1 4250 CHECK STIPENDS SOUTH AMERICA 1 6300 CHECK 0 0 0 0 0 0 PART I, LINE 2: ABT PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO BALLET STUDENTS. MERIT SCHOLARSHIP STUDENTS ARE SELECTED FROM THE JKO SCHOOL, AT JKO SCHOOL AUDITIONS AND DURING THE SUMMER INTENSIVES. PART III ACCOUNTING METHOD: X X X X X X X 1 BUCKLEY HALL EVENTS 17-19 MARBLE AVE PLEASANTVILLE NY 10570 FALL GALA EVENT PLANNER 0 2300230 171635 2128595 SD&A TELESERVICES 5757 WEST CENTURY BLVD 300 LOS ANGELES CA 90045 TELEFUNDRAISING TO CURRENT AND FORMER DONORS 0 220114 201652 18462 2520344 373287 2147057 NY CA CT FL NJ OH IL PA VA FALL GALA 918750 603994 314756 314756 SPRING GALA 1381570 910008 471562 471562 1 3090 3090 2303410 1517092 786318 786318 786318 0 1 SCHOLARSHIPS 75 109203 190690 BOOK VALUE TUITION ASSISTANCE PART I, LINE 2: ABT PROVIDES SCHOLARSHIPS TO BALLET STUDENTS. MERIT SCHOLARSHIP STUDENTS ARE SELECTED FROM THE JKO SCHOOL, AT JKO SCHOOL AUDITIONS AND DURING THE SUMMER INTENSIVES. THE JKO SCHOOL RECRUITS DANCERS FROM ACROSS THE COUNTRY AND AROUND THE WORLD. STUDENTS ARE FORMALLY EVALUATED ON A SEMI-ANNUAL BASIS AND MUST REAPPLY ANNUALLY. SCHOLARSHIPS AND STIPENDS ARE GRANTED BASED ON MERIT. ABT ALSO ASSISTS PROMISING YOUNG DANCERS ACROSS THE COUNTRY WITH SCHOLARSHIPS SENT DIRECTLY TO THEIR LOCAL BALLET SCHOOL TO ASSIST WITH TUITION. ABT REQUIRES VERIFICATION FROM EACH STUDENT TO ENSURE THAT THE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X 0 0 0 0 0 0 0 0 0 JANET ROLLE CEO / EXECUTIVE DIRECTOR 482484 0 0 0 0 0 0 0 35027 0 517511 0 0 0 KEVIN MCKENZIE ARTISTIC DIRECTOR THROUGH 12/1/22 464547 0 0 0 0 0 0 0 15877 0 480424 0 0 0 SHAWN DAVIDSON CHIEF FINANCIAL OFFICER 234163 0 0 0 0 0 0 0 31656 0 265819 0 0 0 STACY MARGOLIS CHIEF DEVELOPMENT OFFICER 179481 0 0 0 0 0 0 0 288 0 179769 0 0 0 DAVID LANSKY GENERAL MANAGER 225736 0 0 0 0 0 0 0 11887 0 237623 0 0 0 KYLE RIDAUGHT HEAD OF BUSINESS OPERATIONS 230731 0 0 0 0 0 0 0 15877 0 246608 0 0 0 CHERYL KOHN SENIOR DIRECTOR, DEVELOPMENT 209520 0 0 0 0 0 0 0 15877 0 225397 0 0 0 GODWIN FARRUGIA SENIOR DIRECTOR OF FINANCE 179890 0 0 0 0 0 0 0 13231 0 193121 0 0 0 LOURDES LIZ CHIEF MARKETING DIRECTOR 224281 0 0 0 0 0 0 0 15877 0 240158 0 0 0 X 17 1093367 FMV X AIR TICKETS 1 1840 AA VALUE TICKETS 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B ABT'S FORM 990 WAS PREPARED BY ITS INDEPENDENT AUDITOR, LUTZ & CARR, AND REVIEWED BY MANAGEMENT, INCLUDING THE ARTISTIC DIRECTOR, CFO AND CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12C AFTER THE ANNUAL BOARD ELECTIONS AND AS TRUSTEES ARE ELECTED THROUGH THE YEAR, EACH TRUSTEE COMPLETES A CONFLICT OF INTEREST DOCUMENT. SENIOR MANAGEMENT ALSO COMPLETES THIS DOCUMENT. A CONFLICT EXISTS IF A TRUSTEE OR EMPLOYEE IS A DIRECTOR, TRUSTEE OR KEY EMPLOYEE OF A COMPETING ENTITY OR AN ENTITY WITH WHICH ABT DOES BUSINESS. THE AUDIT COMMITTEE REVIEWS CONFLICT OF INTEREST DOCUMENTS AND, AT ITS DISCRETION, MAY INVESTIGATE FURTHER AND IMPOSE RESTRICTIONS ON THE TRUSTEES' INVOLVEMENT IN MATTERS WHERE A CONFLICT MAY EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR AND PRESIDENT OF THE BOARD REVIEW THE COMPENSATION OF THE ARTISTIC DIRECTOR AND THE CEO / EXECUTIVE DIRECTOR IN COMPARISON TO INDUSTRY STATISTICS FOR SIMILARLY SIZED AND STRUCTURED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ABT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.