2024-06-06T15:33:44-05:00 2023-07-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2022-08-01 316050354 The Cincinnati Ballet Company Inc CINC 5137443306 1801 Gilbert Ave Cincinnati OH 45202 Joe Carolin VP of Finance/CFO 5137443306 2024-06-06 1 Joe Carolin 999009999 0 Paula Hume P00537516 5132418313 2024-06-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Scott Altman 1801 Gilbert Ave Cincinnati OH 45202 15982735 0 X www.cballet.org X 1958 OH To enrich, expand, and excel in the art of dance through world-class performance, a high-caliber academy, and impactful education and engagement from local to global communities. 37 37 203 37 139432 40339 7563760 6979359 5188246 6705016 -158432 69897 42845 173280 12636419 13927552 0 0 0 0 5880798 5828149 24000 26400 423682 6090707 7312075 11995505 13166624 640914 760928 23520636 29647347 4304543 12663931 19216093 16983416 X To enrich, expand, and excel in the art of dance through world-class performance, a high-caliber academy, and impactful education and engagement from local to global communities. 0 0 8321516 4034953 Ticketed events including main-stage, second company, and community engagement performances; ticketing sales of $3,711,517 and performance-specific donations of $5,000. 1505327 2645800 The Academy offers two regular semesters and seven summer programs. Classes are offered to ages 2 and up. The academy program also offers adult ballet & fitness classes. During the year 2,432 students participated in the academy programs. 118598 24263 Education dept. provides programs that introduce students with differing abilities and needs to the art of dance. Programs include CincyDance!, CB Moves, and Story Choreography. Maintaining of the Cincinnati Ballet Foundation for the long term management and growth of an endowment to support The Cincinnati Ballet Company, Inc. operations. 9945441 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 135 0 1 203 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X Joseph Carolin 5138735798 1802 Gilbert Ave Cincinnati OH 45202 Arreola Sergio TRUSTEE 1.00 X 0 0 0 Carlisle Fran TRUSTEE 1.00 X 0 0 0 Clay Smokey TRUSTEE 1.00 X 0 0 0 Cook David TRUSTEE 1.00 X 0 0 0 Costa Andrea TRUSTEE 1.00 X 0 0 0 Dalambakis Judy TRUSTEE 1.00 X 0 0 0 Damiano Jennifer TRUSTEE 1.00 X 0 0 0 Davis Zahki TRUSTEE 1.00 X 0 0 0 Fisbaugh Kristin TREASURER 1.00 X X 0 0 0 Fogarty Sarah Frank TRUSTEE 1.00 X 0 0 0 Frodge Paul TRUSTEE 1.00 X 0 0 0 Geiser Jodi TRUSTEE 1.00 X 0 0 0 Grant Rico TRUSTEE 1.00 X 0 0 0 Greenberg Linda TRUSTEE 1.00 X 0 0 0 Halpryn Bruce TRUSTEE 1.00 X 0 0 0 Haskett Kateri Moll TRUSTEE 1.00 X 0 0 0 Jacobs-Horton Lydia TRUSTEE 1.00 X 0 0 0 Jeffery Bruce TRUSTEE 1.00 X 0 0 0 Jurgensen Daphne TRUSTEE 1.00 X 0 0 0 Kinney Marcie TRUSTEE 1.00 X 0 0 0 Laffoon Peter TRUSTEE 1.00 X 0 0 0 McCarthy-Wolf Megan TRUSTEE 1.00 X 0 0 0 Miner Jack TRUSTEE 1.00 X 0 0 0 Mitra Shekhar TRUSTEE 1.00 X 0 0 0 Moeggenberg Katy TRUSTEE 1.00 X 0 0 0 Moser Emerson VICE CHAIR 1.00 X X 0 0 0 Ollinger Alexandra TRUSTEE 1.00 X 0 0 0 Papakirk Jim TRUSTEE 1.00 X 0 0 0 Powell Alandes TRUSTEE 1.00 X 0 0 0 Quinn Thomas TRUSTEE 1.00 X 0 0 0 Riccardi Lisa TRUSTEE 1.00 X 0 0 0 Stein Jennifer TRUSTEE 1.00 X 0 0 0 Stone Joel CHAIR 1.00 X X 0 0 0 O'neal Toilynn TRUSTEE 1.00 X 0 0 0 Whittaker Faith TRUSTEE 1.00 X 0 0 0 Zelkind Jennifer Knight Secretary 1.00 X X 0 0 0 Zenni Brenden TRUSTEE 1.00 X 0 0 0 Scott Altman President & CEO 40.00 4.00 X 283539 0 21906 Joseph Carolin VP of Finance/CFO 40.00 4.00 X 142389 0 12627 Victoria Morgan Artistic Director 40.00 X 140168 0 7613 Sara Pomeroy VP of Philanthropy 40.00 X 138408 0 0 Melissa Santomo Controller 40.00 X 105766 0 5577 Jodie Gates Artistic Director 40.00 X 119424 0 1984 Nicole Doll VP of Marketing/Brand Strategy 40.00 X 105267 0 6900 1034961 0 56607 7 0 1 0 0 790072 148375 702424 1757066 3581422 172277 6979359 Subscription Series 711120 3820139 3820139 Adult Education School 711120 2669548 2669548 Touring & Special Program 711120 215329 215329 6705016 85696 85696 1705924 1696629 25094 9295 -25094 -15799 -15799 101519 148375 163252 -61733 -61733 169428 170208 -780 -780 Facility Rentals 900002 139432 139432 NMTC Rental Pass through 900099 83280 83280 Miscellaneous 900099 13081 13081 235793 13927552 6705016 139432 103745 X 460461 460461 4370597 3229337 824170 317090 158283 115741 31177 11365 494239 327656 144801 21782 344569 224546 95861 24162 51357 51357 71865 71865 26400 26400 4724 4724 2117488 1704779 412709 325343 311239 14104 769608 723258 46350 269958 238868 28641 2449 92530 69631 20450 2449 487939 487939 126433 126433 98321 73741 24580 Taxes 2945 2945 Performance costs 1522595 1522595 Repairs and maintenance 533781 448376 85405 Supplies and Other 375280 106586 267792 902 461908 234716 210109 17083 13166624 9945441 2797501 423682 225984 453842 14159052 10828899 55726 49820 6416050 6416050 337660 274466 5805452 5413503 368919 391949 1758799 1502386 198446 9729935 23520636 29647347 1385614 609837 964973 969114 1600000 1375000 353956 9709980 4304543 12663931 X 3815967 3744633 15400126 13238783 19216093 16983416 23520636 29647347 X 760928 5070 707912 -3706587 X X 0 1 X 1 1 1 X 19020065 10860821 9993775 7563760 6979359 54417780 19020065 10860821 9993775 7563760 6979359 54417780 15750282 38667498 42395 37935 26641 20839 85696 213506 58082 41339 99421 160666 463296 429331 104889 103745 1261927 55992634 22484082 0.69060 0.71010 X Schedule A, Part II, Line 10, Explanation of Other Income: Misc Income - 2018 Amount: $ 160,666. 2019 Amount: $ 207,971. 2020 Amount: $ 429,331. 2021 Amount: $ 104,889. 2022 Amount: $ 103,745. Event Income - 2019 Amount: $ 224,664. Sales - 2019 Amount: $ 30,661. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5805452 5413503 391949 391949 Beneficial Interest In Trust 137426 Right of Use Assets 8865989 Interest Rate Swap Asset 601453 Inventory 122992 Security Deposit 2075 9729935 Lease Liabilities 9709980 9709980 X 14715790 5070 257424 530468 792962 13922828 4724 4724 13927552 13752784 257424 333460 590884 13161900 4724 4724 13166624 Part X, Line 2: The Ballet, The Foundation and The Holding Company are exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of Ohio law. However, The Ballet, the Foundation and The Holding Company are subject to federal income tax on any unrelated business taxable income. The Organization's tax returns are subject to review and examination by federal, state, and local authorities. The Organization believes they have appropriate support for any tax positions taken, and therefore, do not have any uncertain tax positions that are material to the financial statements. Part XI, Line 2d - Other Adjustments: Change In Beneficial Trust -50,489. Cost of Goods Sold 170,208. Change In Value of Interest Rate Swaps 247,497. Fundraising Expenses 163,252. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 170,208. Fundraising Expenses 163,252. X X X X X 1 Cain Nonprofit Solutions 6143 Lakewood Dr Cincinnati OH 45011 Grant Writer 0 0 26400 -26400 26400 -26400 Club B 154525 107500 47025 36485 13538 44606 Nutcracker Lunch 95369 40875 54494 41168 3835 23620 249894 148375 101519 77653 17373 68226 163252 -61733 X X X X 0 0 0 0 0 0 0 0 0 Scott Altman President & CEO 283539 0 0 0 0 0 6500 0 15406 0 305445 0 0 0 Joseph Carolin VP of Finance/CFO 142389 0 0 0 0 0 7127 0 5500 0 155016 0 0 0 X 14 172277 FMV 0 0 0 0 Form 990, Part VI, Section B, line 11b The 990 is provided in draft form to our BOD before filing, via email. Form 990, Part VI, Section B, line 12c Each director, principal officer, and member of a committee with governing board delegated powers signs a statement which affirms the conflict of interest policy has been received, they have read and understand the policy, they agree to comply with the policy, and they understand the organization is charitable and needs to engage primarily in activities which accomplishes one or more of its tax-exempt purposes. The Cincinnati Ballet periodic reviews include reviewing whether compensation arrangements and benefits are reasonable, based on survey information and the results of an arm's length bargaining and whether partnerships, joint ventures, and arrangements with management organizations conform purposes and do not result in inurement, impermissible private benefit or in an excess benefit. Form 990, Part VI, Section B, line 15 There shall be an Executive Committee of the Board consisting of not less than three (3) Trustees. The Chairman of the Board shall be the chairman of the committee and other members of the committee, all of whom shall be Trustees, shall be appointed by the Board after consultation with the Chairman of the Board. The Executive Committee is comprised of the Chairman of the Board, Vice Chair, Treasurer and Secretary. The Chairman of each of the Nominating, Governance and Finance Committees shall be members, ex officio, of the Executive Committee. Executive Committee shall have the power to i) negotiate the specific terms of employment of the CEO/Artistic Director and ii) on behalf of the Corporation, enter into a contract of employment between the Corporation and the CEO/Artistic Director, after consultation with the Governance Committee and approval of the general terms of such employment contract, including overall compensation, by the Board. Form 990, Part VI, Section C, line 19 The governing documents are available on the Secretary of State's website. The conflict of interest policy and financial statements are available upon request. Form 990, Part IX, line 11g Other Professional Fees: Program service expenses 1,049,769. Management and general expenses 412,709. Fundraising expenses 0. Total expenses 1,462,478. Artist Fees: Program service expenses 655,010. Management and general expenses 0. Fundraising expenses 0. Total expenses 655,010. Form 990, Part XI, line 9: Change in Beneficial Interest in Trust -50,489. Change in Value of Interest Rate Swaps 247,497. Transfer of Net Assets to Cincinnati Ballet Holdings -3,903,595. Form 990, Part XII, Line 2c: The organization did not change its oversight or selection process during the current tax year. Cincinnati Ballet Foundation Inc 1801 Gilbert Ave Cincinnati OH 45202 271485784 Supporting the Cincinnati Ballet Co. by raising and managing an endowment OH 501(c)(3) Line 12a, I Cincinnati Ballet Company Inc 0 Cincinnati Ballet Holdings Inc 1801 Gilbert Ave Cincinnati OH 45202 843927382 Support and benefit The Cincinnati Ballet Company, Inc. OH 501(c)(3) Line 12a, I Cincinnati Ballet Company Inc 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 Cincinnati Ballet Holdings Inc K 479920 FMV The Cincinnati Ballet Foundation Inc C 702424 FMV Cincinnati Ballet Holdings Inc R 43281 FMV The Cincinnati Ballet Foundation Inc R 3903595 FMV