2024-04-23T16:49:39-05:00 2023-06-30 752393478 WHITLEY PENN LLP 640 TAYLOR STREET SUITE 2200 FT WORTH TX 76102 990 2022-07-01 841622654 TEXAS BALLET THEATER INC TEXA 8177630207 PO BOX 123290 FORT WORTH TX 761213290 LINDA BRADFORD DIRECTOR OF FINANCE AND ACCOUNTING 8177630207 2024-04-09 1 LINDA BRADFORD 999009999 1 EMILY LANDRY P01614538 8172599100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LINDA BRADFORD PO BOX 123290 FORT WORTH TX 761213290 10166747 0 X WWW.TEXASBALLETTHEATER.ORG X 2003 TX TEXAS BALLET THEATER CREATES, PRESENTS, AND TOURS WORLD CLASS BALLET, FROM CLASSICAL TO CUTTING EDGE, AND PROMOTES ITS APPRECIATION, ACCESSIBILITY, AND TECHNICAL MASTERY AMONG STUDENTS, PRE-PROFESSIONALS, AND AUDIENCES OF ALL AGES. 53 53 327 15 0 0 5583795 3317403 4827570 6345431 527 5710 263550 136371 10675442 9804915 19495 24869 0 0 4411611 5047989 0 0 466687 3397391 4024985 7828497 9097843 2846945 707072 14755979 16492505 1151742 1959195 13604237 14533310 TEXAS BALLET THEATER CREATES, PRESENTS, AND TOURS WORLD CLASS BALLET, FROM CLASSICAL TO CUTTING EDGE, AND PROMOTES ITS APPRECIATION, ACCESSIBILITY, AND TECHNICAL MASTERY AMONG STUDENTS, PRE-PROFESSIONALS, AND AUDIENCES OF ALL AGES. 0 0 5979117 4391984 TEXAS BALLET THEATER PROVIDED 52 HIGH QUALITY BALLET PERFORMANCES IN DALLAS AND FORT WORTH, TEXAS FOR 63,835 PATRONS DURING THE FISCAL YEAR ENDED JUNE 30, 2023. THE PRODUCTIONS INCLUDED A COMPANY PREMIER OF "CIRQUE DU BALLET' BY BEN STEVENSON O.B.E. AS WELL AS FAMILY FAVORITES "THE NUTCRACKER AND "ALICE IN WONDERLAND" ALSO BY BEN STEVENSON O.B.E.. 1418813 24869 2028144 TEXAS BALLET THEATER PROVIDED SUCCESSFUL TRAINING PROGRAMS FOR THE PERFORMING ARTS WITH PROFESSIONAL INSTRUCTION AND DANCE EDUCATION IN BOTH FORT WORTH AND RICHARDSON, TEXAS. APPROXIMATELY 696 STUDENTS PARTICIPATED IN THE PROGRAMS DURING THE FISCAL YEAR ENDING JUNE 30, 2023. 133357 115899 TEXAS BALLET THEATER'S CITY DANCE PROGRAM WAS CREATED TO ENRICH THE LIVES OF CHILDREN IN UNDERSERVED COMMUNITIES ACROSS NORTH TEXAS. THIS FREE AFTER-SCHOOL BALLET PROGRAM CURRICULUM IS DESIGNED TO DEVELOP ARTISTS, ART PATRONS AND LEADERS OF THE FUTURE. APPROXIMATELY 652 K-4TH GRADE STUDENTS PARTICIPATED IN 40 SCHOOLS LOCATED IN ARLINGTON, CROWLEY, EVERMAN, DALLAS, FORT WORTH, GRAND PRAIRIE, AND RICHARDSON INDEPENDENT SCHOOL DISTRICTS DURING THE FISCAL YEAR ENDED JUNE 30. 2023. 7531287 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 327 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 53 53 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LINDA BRADFORD 8177630207 1540 MALL CIRCLE FORT WORTH TX 76116 X ANNE T BASS CHAIRMAN 3.00 X X 0 0 0 CAMILLE R COMEAU TREASURER 2.00 X X 0 0 0 MARY LYNN GARRETT EXECUTIVE COMMITTEE 2.00 X 0 0 0 SHANNON M NOLAN BOARD OF GOVERNORS 1.00 X 0 0 0 RANDELL GOSS BOARD OF GOVERNORS 1.00 X 0 0 0 ROBERT M BASS BOARD OF GOVERNORS 1.00 X 0 0 0 ROBIN WORTHINGTON ARENA BOARD OF GOVERNORS 1.00 X 0 0 0 SCOTT ORR BOARD OF GOVERNORS 1.00 X 0 0 0 TOM BESSANT VICE-CHAIRMAN 1.00 X X 0 0 0 STEVEN H GENDLER BOARD OF GOVERNORS 1.00 X 0 0 0 SUSAN GLASSMOYER EXECUTIVE COMMITTEE 1.00 X 0 0 0 NOEL NOLET BOARD OF GOVERNORS 1.00 X 0 0 0 VYNESSA NEMUNAITIS BOARD OF GOVERNORS 1.00 X 0 0 0 PAULA BROCKWAY EXECUTIVE COMMITTEE 1.00 X 0 0 0 NIKKI MILDREN BOARD OF GOVERNORS 1.00 X 0 0 0 NIKKIA PARISH BOARD OF GOVERNORS 1.00 X 0 0 0 NIKKI WEBB EXECUTIVE COMMITTEE 1.00 X 0 0 0 LISA ROCCHIO BOARD OF GOVERNORS 1.00 X 0 0 0 NICOLE FIRESTONE BOARD OF GOVERNORS 1.00 X 0 0 0 NANCY DAMBRO BOARD OF GOVERNORS 1.00 X 0 0 0 MICHAEL DE LUCA BOARD OF GOVERNORS 1.00 X 0 0 0 MARIBETH MILLER BOARD OF GOVERNORS 1.00 X 0 0 0 MARCI KRAMER BOARD OF GOVERNORS 1.00 X 0 0 0 MADOLIN ROSENTHAL BOARD OF GOVERNORS 1.00 X 0 0 0 LOUELLA MARTIN BOARD OF GOVERNORS 1.00 X 0 0 0 LYNDSAY BALLOTTA BOARD OF GOVERNORS 1.00 X 0 0 0 WHITNEY STRAUSS SECRETARY 1.00 X X 0 0 0 AMY WALTON EXECUTIVE COMMITTEE 1.00 X 0 0 0 LAURI LAWRENCE BOARD OF GOVERNORS 1.00 X 0 0 0 EMBERLI PRIDHAM BOARD OF GOVERNORS 1.00 X 0 0 0 KATE MARIE SIGFUSSON BOARD OF GOVERNORS 1.00 X 0 0 0 JAMES MEINTJES EXECUTIVE COMMITTEE 1.00 X 0 0 0 JANET RICE BOARD OF GOVERNORS 1.00 X 0 0 0 JENNIFER WILLIAMSON BOARD OF GOVERNORS 1.00 X 0 0 0 KATY MAGRUDER BOARD OF GOVERNORS 1.00 X 0 0 0 KATHY SNEED BOARD OF GOVERNORS 1.00 X 0 0 0 GLENN ADAMS EXECUTIVE COMMITTEE 1.00 X 0 0 0 KEITH HUGHES EXECUTIVE COMMITTEE 1.00 X 0 0 0 KIM HEXT EXECUTIVE COMMITTEE 1.00 X 0 0 0 HAYLEE EDWARDS BOARD OF GOVERNORS 1.00 X 0 0 0 ERIKA MCCARTHY BOARD OF GOVERNORS 1.00 X 0 0 0 LIZ FLEISCHER BOARD OF GOVERNORS 1.00 X 0 0 0 LAUREN GORSCHE BOARD OF GOVERNORS 1.00 X 0 0 0 DANA PORTER EXECUTIVE COMMITTEE 1.00 X 0 0 0 CRAIG CARPENTER BOARD OF GOVERNORS 1.00 X 0 0 0 CLARE PRITCHETT EXECUTIVE COMMITTEE 1.00 X 0 0 0 CATA GONZALEZ BOARD OF GOVERNORS 1.00 X 0 0 0 CAPERA RYAN BOARD OF GOVERNORS 1.00 X 0 0 0 BRYAN KING BOARD OF GOVERNORS 1.00 X 0 0 0 BALDWIN BROWN BOARD OF GOVERNORS 1.00 X 0 0 0 ANNE MARIE BRATTON BOARD OF GOVERNORS 1.00 X 0 0 0 KRISTEN ROBERTS BOARD OF GOVERNORS 1.00 X 0 0 0 AMBIKA SINGHAL BOARD OF GOVERNORS 1.00 X 0 0 0 VANESSA LOGAN EXECUTIVE DIRECTOR 40.00 X 202310 0 8324 BEN STEVENSON ARTISTIC DIRECTOR LAUREATE 30.00 X 157686 0 7859 TIMOTHY O'KEEFE ACTING ARTISTIC DIRECTOR 40.00 X 107688 0 5319 467684 0 21502 3 0 1 0 SCHAEFER ADVERTISING CO LTD 1228 S ADAMS STREET FORT WORTH TX 76104 MARKETING CONSULTANT 658898 PERFORMING ARTS OF FORT WORTH 330 E 4TH STREET SUITE 300 FORT WORTH TX 76102 FORT WORTH PERFORMANCE EXPENSES 499265 AT&T PERFORMING ARTS CENTER 700 N PEARL STREET SUITE N1800 DALLAS TX 75201 DALLAS PERFORMANCE EXPENSES 143591 2 801055 2516348 3317403 ADMISSIONS & PERFORMAN 711120 4201388 4201388 SCHOOL TUITION AND REV 611600 2028144 2028144 COMMUNITY OUTREACH 611600 115899 115899 6345431 5710 5710 108250 31632 76618 76618 76618 224381 801055 278606 -54225 -54225 63370 51594 11776 11776 OTHER INCOME 524298 102202 102202 102202 9804915 6536027 0 -48515 24869 24869 620427 507244 71767 41416 3151508 2576585 364548 210375 46338 37885 5360 3093 932223 762160 107834 62229 297493 243222 34412 19859 164166 164166 1058863 1020721 38142 64018 680 62658 680 13922 5290 5151 3481 933188 904939 16617 11632 519028 370446 133724 14858 133632 133632 OTHER PRODUCTION EXPENS 681747 681747 SUMMER INTENSIVE EXPENS 175080 175080 MISCELLANEOUS 174419 113497 60922 ENTRY FEES 106922 106922 9097843 7531287 1099869 466687 7503070 8950369 325000 325000 198890 85949 18915 126897 66064 66064 2027 1575 173819 207018 10750271 4874702 6219134 5875569 0 758672 249060 95392 14755979 16492505 318844 317496 832898 940184 0 701515 1151742 1959195 X 12363046 13692506 1241191 840804 13604237 14533310 14755979 16492505 707072 222001 0 X X 0 1 X 1 0 X 5138455 8457028 5848328 5583795 3317403 28345009 5138455 8457028 5848328 5583795 3317403 28345009 7621806 20723203 1893 1881 274 527 5710 10285 102202 102202 28457496 0.72820 0.72520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 330219 5710 335929 329692 527 330219 329418 274 329692 327537 1881 329418 325644 1893 327537 0.00000 0.96747 0.03253 0 0 2835000 2835000 1679889 160989 1518900 2371993 1219140 1152853 3087112 2851975 235137 776277 642598 133679 5875569 LONG-TERM LEASE LIABILITY 701515 701515 X 10085273 222001 83226 305227 9780046 24869 24869 9804915 9156200 83226 83226 9072974 24869 24869 9097843 PART X, LINE 2: THE BALLET IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. GAAP PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT BELIEVES THAT IT HAS NOT TAKEN A POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE BALLET'S FINANCIAL STATEMENTS. THE BALLET FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 51,594. RENTAL EXPENSES 31,632. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES NETTED AGAINST TUITION REVENUE 24,869. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 51,594. RENTAL EXPENSES 31,632. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES NETTED AGAINST TUITION REVENUE 24,869. FASHION SHOW 769096 636562 132534 22281 42959 90108 DINNER 202520 149160 53360 5386 27593 44395 1 53820 15333 38487 29009 16875 1025436 801055 224381 56676 70552 151378 278606 -54225 0 SCHOLARSHIPS 29 24869 X X X 0 0 0 0 0 0 0 0 0 VANESSA LOGAN EXECUTIVE DIRECTOR 190310 0 0 0 12000 0 8092 0 232 0 210634 0 0 0 BEN STEVENSON ARTISTIC DIRECTOR LAUREATE 151225 0 0 0 6461 0 6939 0 920 0 165545 0 0 0 SCHEDULE J, PART II THE BALLET PROVIDES A CAR ALLOWANCE OF $1,000 PER MONTH TO VANESSA LOGAN AND REPORTS THOSE AMOUNTS TO THEM ON HER FORM W-2. THE BALLET PROVIDED A CAR ALLOWANCE IN JULY 2023 OF $1,000 TO BEN STEVENSON AND REPORTED THAT AMOUNT TO HIM ON HIS FORM W-2. BEN STEVENSON ARTISTIC DIRECTOR LAUREATE DOWN PAYMENT TO PURCHASE HOME X 41442 66064 0 1 1 66064 FORM 990, PART VI, SECTION A, LINE 2 ANNE T. AND ROBERT BASS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. THE FINANCE COMMITTEE RECOMMENDS THE APPROVED FORM 990 TO THE EXECUTIVE BOARD WHO VOTES FOR APPROVAL OF THE FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AT THE CORPORATE OFFICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ON A YEARLY BASIS. THE DOCUMENTS ARE SUBMITTED TO AND REVIEWED BY THE EXECUTIVE ASSISTANT AND THE CHAIRMAN OF THE GOVERNANCE COMMITTEE. ANY CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE FOR DISCUSSION WHICH LEADS TO APPROPRIATE ACTION BASED UPON THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD MANAGEMENT COMMITTEE ESTABLISHES THE SALARY FOR THE EXECUTIVE DIRECTOR BASED ON A SALARY COMPARISON TO OTHER SIMILAR ORGANIZATIONS. THE BOARD MANAGEMENT COMMITTEE THEN ESTABLISHES THE SALARIES FOR THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES BASED ON SALARY COMPARISONS TO OTHER SIMILAR ORGANIZATIONS ALONG WITH INPUT FROM THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.