2024-01-29T09:06:45-06:00 2023-05-31 580692043 MAULDIN & JENKINS LLC 1401 MANATEE AVE W STE 1200 BRADENTON FL 34205 990 2022-06-01 650135900 SARASOTA BALLET OF FLORIDA INC SARA 9413590099 5555 NORTH TAMIAMI TRAIL SARASOTA FL 34243 JOSEPH VOLPE EXECUTIVE DIRECTOR 9413590099 2024-01-18 1 JOSEPH VOLPE 999009999 1 BRIAN CARTER P00536712 9417474483 2024-01-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE SARASOTA BALLET JOSEPH VOLPE 5555 N TAMIAMI TRAIL SARASOTA FL 34243 9323629 0 X WWW.SARASOTABALLET.ORG X 1989 FL THE MISSION OF THE SARASOTA BALLET OF FLORIDA IS TO ENRICH LIVES, CAPTIVATE EMOTIONS AND STRENGTHEN THE COMMUNITY THROUGH THE ART OF DANCE. 25 25 123 185 21849 0 8061628 6070253 2061866 3007367 111132 161462 -221235 -174894 10013391 9064188 91159 95810 0 0 3923056 4742123 0 0 767370 3406933 4163485 7421148 9001418 2592243 62770 13132949 14887033 1413029 3202223 11719920 11684810 X THE MISSION OF THE SARASOTA BALLET OF FLORIDA IS TO ENRICH LIVES, CAPTIVATE EMOTIONS AND STRENGTHEN THE COMMUNITY THROUGH THE ART OF DANCE. 0 0 5699256 1656926 THE SARASOTA BALLET'S EXPANSIVE REPERTOIRE, COUPLED WITH THE ATHLETICISM AND ARTISTRY OF THE COMPANY'S DANCERS, HAS BROUGHT THE COMPANY NATIONAL AND INTERNATIONAL ACCLAIM. THE REPERTOIRE INCLUDES WORKS BY SOME OF THE GREATEST CHOREOGRAPHERS IN THE DANCE WORLD, SUCH AS SIR FREDERICK ASHTON, GEORGE BALANCHINE, ANTONY TUDOR, SIR KENNETH MACMILLAN, PAUL TAYLOR, AND SIR DAVID BINTLEY TO NAME A FEW. IN ADDITION, THE SARASOTA BALLET HAS CONTINUED TO PUSH THE ART FORM FORWARD THROUGH COMMISSIONING NEW WORKS, FROM BOTH BUDDING CHOREOGRAPHERS WITHIN THE COMPANY AND ESTABLISHED CHOREOGRAPHERS AROUND THE GLOBE. 1162786 93060 1405878 THE SARASOTA BALLET BELIEVES DANCE IS FOR EVERYONE AND TAKES PRIDE IN MAKING DANCE ACCESSIBLE TO ALL THROUGH OUR COMMUNITY ENGAGEMENT PROGRAMS. DANCE THE NEXT GENERATION (DNG) WAS ESTABLISHED OVER 30 YEARS AGO AND PROVIDES EQUITABLE ACCESS TO QUALITY DANCE EDUCATION BY OFFERING A COMPREHENSIVE TUITION-FREE DANCE PROGRAM TO 3-12 GRADERS FROM UNDERREPRESENTED AREAS. THROUGH DIVERSIFIED DANCE OFFERINGS, PROGRESSING ENRICHMENT ACTIVITIES, AND EVER-INCREASING COMMUNITY PARTNERSHIPS, DNG STUDENTS RECEIVE A COMPLETE 10 YEAR DANCE EXPERIENCE THAT SUPPORTS EDUCATION, COMMUNITY, AND ACADEMIC EXCELLENCE FOR EACH STUDENT. ADDITIONALLY, DANCE FOR ALL PROVIDES ACCESS AND OPPORTUNITY FOR THOSE 5 TO 95 TO EXPLORE AND EXPERIENCE THE WORLD OF DANCE. FOCUSING ON YOUTH, ADAPTIVE, AND COMMUNITY, DANCE FOR ALL OFFERS COMPLIMENTARY AND LOW COST PROGRAMS SUCH AS SCHOOL PERFORMANCES AND PROGRAMS, JOYFUL MOVEMENT THROUGH PARKINSON'S, SILVER SWANS, AND COMMUNITY EXPERIENCES. 323500 2750 THE SARASOTA BALLET'S EDUCATION DEPARTMENT PROVIDES OPPORTUNITIES FOR ALL AGES AND ABILITIES TO DANCE. THE SARASOTA BALLET SCHOOL OFFERS A HIGH QUALITY DANCE EDUCATION FOR CHILDREN 3 AND ABOVE. WE FOSTER AN ENVIRONMENT THAT ENABLES CHILDREN TO LEARN BALLET CORRECTLY AND SAFELY, DEVELOP CONFIDENCE AND WE PRIDE OURSELVES ON CELEBRATING EACH STUDENT'S INDIVIDUALITY. THE MARGARET BARBIERI CONSERVATORY IS A PRE-PROFESSIONAL PROGRAM FOR STUDENTS AGES 12 AND ABOVE TO AUDITION, AND UPON ACCEPTANCE, RECEIVE THE HIGHEST QUALITY OF DANCE EDUCATION. THE CURRICULUM INCLUDES CLASSICAL TECHNIQUE, POINTE, CONTEMPORARY, VARIATIONS, REPERTOIRE, AND CONDITIONING. THE SARASOTA BALLET'S SUMMER INTENSIVE IS SPECIFICALLY DESIGNED TO DEVELOP YOUNG DANCERS TECHNIQUE ALONGSIDE ARTISTRY. STUDENTS AGES 11-21 AUDITION TO ATTEND UP TO FIVE WEEKS OF RIGOROUS DANCE TRAINING IN SARASOTA EACH SUMMER. 7185542 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 103 0 123 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X JOSEPH VOLPE 9413590099 5555 NORTH TAMIAMI TRAIL SARASOTA FL 34243 RICHARD JOHNSON CHAIR 1.00 X X 0 0 0 PATRICIA GOLEMME DIRECTOR 1.00 X 0 0 0 FRANK MARTUCCI PRESIDENT 1.00 X X 0 0 0 JONATHAN COLEMAN SECRETARY 1.00 X X 0 0 0 PATRICK KENNY TREASURER 1.00 X X 0 0 0 MAUREEN STEINER GOVERNANCE OFFICER 1.00 X X 0 0 0 PEGGY ABT TRUSTEE 1.00 X 0 0 0 GINGER CANNON BAILEY TRUSTEE 1.00 X 0 0 0 ISABEL BECKER TRUSTEE 1.00 X 0 0 0 PAUL CANTOR TRUSTEE 1.00 X 0 0 0 SANDRA DEFEO VICE CHAIR 1.00 X X 0 0 0 LYNDA DOERY TRUSTEE 1.00 X 0 0 0 WILLIAM FARBER TRUSTEE 1.00 X 0 0 0 JULIE HARRIS TRUSTEE 1.00 X 0 0 0 PHIL LOMBARDO TRUSTEE 1.00 X 0 0 0 PETER MILLER TRUSTEE 1.00 X 0 0 0 ROSEMARY OBERNDORF TRUSTEE 1.00 X 0 0 0 MERCEDITA OCONNOR TRUSTEE 1.00 X 0 0 0 AUDREY ROBBINS TRUSTEE 1.00 X 0 0 0 JAN SIROTA TRUSTEE 1.00 X 0 0 0 HILLARY STEELE TRUSTEE 1.00 X 0 0 0 JEAN WEILLER TRUSTEE 1.00 X 0 0 0 DAVID WELLE TRUSTEE 1.00 X 0 0 0 JOANN HEFFERNAN HEISEN DIRECTOR 1.00 X 0 0 0 CHARLES WILSON DIRECTOR 1.00 X 0 0 0 JOSEPH VOLPE EXECUTIVE DIRECTOR 40.00 X 171504 0 0 JASON ETTORE GENERAL MANAGER 40.00 X 81182 0 0 IAIN WEBB DIRECTOR 40.00 X 175245 0 15000 MARGARET BARBIERI ASSISTANT DIRECTOR 40.00 X 164730 0 0 MELISSA MCCOY CHIEF STRATEGY & ADVANCEMENT OFFICER 40.00 X 131431 0 0 724092 0 15000 4 0 1 0 0 64936 1363161 238196 4403960 113534 6070253 BALLET PERFORMANCES 711120 1579640 1579640 TUITION 611600 1405878 1405878 PROGRAM BOOK 541800 21849 21849 3007367 168723 168723 43175 0 43175 43175 43175 7261 -7261 -7261 -7261 0 1363161 252180 -252180 -252180 MISCELLANEOUS 711120 34111 34111 34111 9064188 3062804 21849 -90718 95810 95810 925838 435418 325420 165000 3161014 2695206 244525 221283 257996 199350 28714 29932 397275 309002 60665 27608 91754 72326 19428 32741 32636 105 24482 24482 575175 574251 924 509459 465789 1240 42430 415884 175976 211101 28807 292656 292656 508371 502199 6172 233476 219050 5967 8459 207380 193769 12615 996 78493 8826 69667 LIVE MUSIC 357296 357296 PRODUCTION COSTS 289765 289765 CATERING 200793 16276 184517 ROOM AND BOARD 168189 168189 177571 114388 5874 57309 9001418 7185542 1048506 767370 1501776 75188 1207536 1249394 585828 581408 1682 392141 408902 3323484 1614893 1635555 1708591 7794444 9150282 13987 1713268 13132949 14887033 231981 246636 1021956 1060056 159092 1895531 1413029 3202223 X 7372646 7132828 4347274 4551982 11719920 11684810 13132949 14887033 62770 -97880 0 X X 0 1 X 1 0 X 4165329 5114194 8254032 8079956 6070253 31683764 2458744 2056715 977121 2043538 2985518 10521636 6624073 7170909 9231153 10123494 9055771 42205400 652896 941833 1054504 1062704 1865772 5577709 0 652896 941833 1054504 1062704 1865772 5577709 36627691 97777 86026 72576 108063 211898 576340 97777 86026 72576 108063 211898 576340 22273 32191 54464 1701 23 34111 35835 6744123 7290827 9303752 10231557 9301780 42872039 0.85430 0.88060 0.01340 0.01110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4985922 517305 50069 5553296 2821571 2553990 -389639 4985922 734309 2000000 87262 2821571 696822 40392 2905 734309 821237 42742 33262 200419 696822 0.87040 0.09920 0.03040 1 0 361614 43458 318156 2740751 1359931 1380820 221119 211504 9615 1708591 MARKETABLE SECURITIES 9150282 F 9150282 RIGHT OF USE ASSETS 1697041 OTHER ASSETS 16227 1713268 DEFERRED COMPENSATION 95000 LEASE LIABILITY 1800531 1895531 X 9194006 -97880 252180 154300 9039706 24482 24482 9064188 9229116 252180 252180 8976936 24482 24482 9001418 PART V, LINE 4: THE CORPUS OF THE ENDOWMENT FUND IS TO BE KEPT IN PERPETUITY WITH THE INCOME CONTRIBUTING TO MEETING THE OPERATIONAL AND PROGRAM NEEDS OF THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION IS A NON-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. IT IS THE ORGANIZATION'S POLICY TO ACCOUNT FOR ANY UNCERTAINTIES IN INCOME TAX LAW IN ACCORDANCE WITH FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND REQUIRES THAT THE ORGANIZATION RECOGNIZE THE IMPACT OF SUCH A TAX POSITION IN ITS FINANCIAL STATEMENTS IF, UPON ULTIMATE SETTLEMENT, THAT POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED. THE ORGANIZATION FILES A 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND A 990-T EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN TO THE U.S. FEDERAL GOVERNMENT AND AN F-1120 FLORIDA CORPORATE INCOME/FRANCHISE TAX RETURN TO THE STATE OF FLORIDA. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 252,180. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 252,180. GALA 1305729 1305729 12117 24835 150297 20267 35688 DANCE FOR ALL 57432 57432 5579 3397 1363161 1363161 12117 24835 150297 25846 39085 252180 -252180 1 DNG SCHOLARSHIPS 123 95810 PART I, LINE 2: DANCE - THE NEXT GENERATION (ALSO KNOWN AS DNG) IS THE SARASOTA BALLET'S ORIGINAL COMMUNITY ENGAGEMENT PROGRAM FOCUSING ON COMMUNITY ENGAGEMENT AND PROVIDING A TUITION-FREE DANCE EDUCATION TO UNDERSERVED CHILDREN IN SARASOTA AND MANATEE COUNTIES. OPERATING AFTER SCHOOL, STUDENTS IN GRADES 3-12 ARE IMMERSED IN AN INCLUSIVE, DIVERSE, AND WELL-ROUNDED DANCE PROGRAM INCLUDING ACADEMIC SUPPORT, MENTORING, AND ENRICHMENT OPPORTUNITIES. DNG IS MORE THAN A DANCE PROGRAM, IT IS A PROGRAM TO NURTURE, ENRICH, AND SUPPORT THE ENTIRE CHILD. BY BREAKING DOWN FINANCIAL BARRIERS AND PROVIDING A SUPPORTIVE ENVRIONMENT FOR CHILDREN TO THRIVE, DNG IS MAKING A MEANINGFUL IMPACT TO THOSE OFTEN UNDERREPRESENTED IN CLASSICAL DANCE. THE SARASOTA BALLET'S COMMITMENT TO THE HOLISTIC WELL-BEING OF EACH DNG STUDENT CONTRIBUTES TO CREATING A POSITIVE AND TRANSFORMATIVE EXPERIENCE FOR ALL. 0 0 0 0 0 0 0 0 0 IAIN WEBB DIRECTOR 175245 0 0 0 0 0 15000 0 0 0 190245 0 0 0 JOSEPH VOLPE EXECUTIVE DIRECTOR 171504 0 0 0 0 0 0 0 0 0 171504 0 0 0 MARGARET BARBIERI ASSISTANT DIRECTOR 142730 0 22000 0 0 0 0 0 0 0 164730 0 0 0 MARK FAMIGLIO HONORARY BOARD MEMBER 185233 LEASED SPACE 0 PHIL LOMBARDO BOARD MEMBER 13300 IN-KIND ADVERTISING 0 X ADVERTISING 3 55575 X GOODS & SERVICES 12 35613 X CATERING 4 17074 X PRINTING 1 4031 X LEGAL 1 1241 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR, AUDIT COMMITTEE AND TREASURER/CHAIR OF THE FINANCE COMMITTEE. THE EXECUTIVE DIRECTOR SIGNS AND FILES THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISCUSSED WITH THE BOARD MEMEBERS AT REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS BASED UPON MARKET VALUES IN THE COMMUNITY AS WELL AS VALUES SET NATIONWIDE FOR A COMPARABLE SIZED ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S EXECUTIVE DIRECTOR, AUDIT COMMITTEE AND TREASURER/CHAIR OF THE FINANCE COMMITTEE REVIEW THE FINANCIAL STATEMENTS PRIOR TO THEIR ISSUANCE. THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR.