2025-03-27T13:09:39-05:00 2024-05-31 580692043 MAULDIN & JENKINS LLC 1401 MANATEE AVE W STE 1200 BRADENTON FL 34205 990 2023-06-01 650135900 SARASOTA BALLET OF FLORIDA INC SARA 9413590099 5555 NORTH TAMIAMI TRAIL SARASOTA FL 34243 JOSEPH VOLPE EXECUTIVE DIRECTOR 9413590099 2025-03-26 1 1 BRIAN CARTER P00536712 9417474483 2025-03-26 2023 2025-03-06 01:10:19Z THE SARASOTA BALLET JOSEPH VOLPE 5555 N TAMIAMI TRAIL SARASOTA FL 34243 11731765 0 X WWW.SARASOTABALLET.ORG X 1989 FL TO ENRICH LIVES, CAPTIVATE EMOTIONS AND STRENGTHEN THE COMMUNITY THROUGH THE ART OF DANCE. 23 23 139 210 9572 0 6070253 6770941 3007367 3170341 161462 439978 -174894 -114932 9064188 10266328 95810 118854 0 0 4742123 5273723 0 0 770380 4163485 4205596 9001418 9598173 62770 668155 14887033 17117438 3202223 3872739 11684810 13244699 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 5702793 1646253 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. 545190 6840 THE SARASOTA BALLET BELIEVES DANCE IS FOR EVERYONE AND TAKES PRIDE IN MAKING DANCE ACCESSIBLE TO ALL THROUGH OURCOMMUNITY ENGAGEMENT PROGRAMS. DANCE THE NEXT GENERATION (DNG) WAS ESTABLISHED OVER 30 YEARS AGO ANDPROVIDES 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 THATSUPPORTS EDUCATION, COMMUNITY, AND ACADEMIC EXCELLENCE FOR EACH STUDENT. ADDITIONALLY, OUR OTHER COMMUNITYENGAGEMENT PROGRAMS PROVIDE ACCESS AND OPPORTUNITY FOR THOSE 5 TO 95 TO EXPLORE AND EXPERIENCE THE WORLD OFDANCE. FOCUSING ON YOUTH, ADAPTIVE, (CONTINUED AT SCHEDULE O) AND COMMUNITY, THEY OFFER COMPLIMENTARY AND LOW COST PROGRAMS SUCH AS SCHOOL PERFORMANCES AND PROGRAMS, JOYFUL MOVEMENT THROUGH PARKINSON'S, SILVER SWANS, AND COMMUNITYEXPERIENCES. 1381316 112014 1619666 THE EDUCATION DEPARTMENT PROVIDES DANCE OPPORTUNITIES FOR ALL AGES AND ABILITIES. 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 SUMMER INTENSIVE IS SPECIFICALLY DESIGNED TO DEVELOP YOUNG DANCERS TECHNIQUE ALONGSIDE ARTISTRY. STUDENTS AGES 11-21 AUDITION (CONTINUED AT SCHEDULE O) TO ATTEND UP TO FIVE WEEKS OF RIGOROUS DANCE TRAINING IN SARASOTA EACH SUMMER. 7629299 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 88 0 139 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 1 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 SANDRA DEFEO CHAIR 1.00 X X 0 0 0 PETER MILLER VICE CHAIR 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 GINGER CANNON BAILEY TRUSTEE 1.00 X 0 0 0 ISABEL BECKER TRUSTEE 1.00 X 0 0 0 WILLIAM CHAPMAN TRUSTEE 1.00 X 0 0 0 LYNDA DOERY TRUSTEE 1.00 X 0 0 0 WILLIAM FARBER TRUSTEE 1.00 X 0 0 0 PATRICIA GOLEMME TRUSTEE 1.00 X 0 0 0 JULIE HARRIS TRUSTEE 1.00 X 0 0 0 JOANN HEFFERNAN HEISEN TRUSTEE 1.00 X 0 0 0 PHIL LOMBARDO TRUSTEE 1.00 X 0 0 0 FRANK MARTUCCI 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 CHARLES WILSON TRUSTEE 1.00 X 0 0 0 JOSEPH VOLPE EXECUTIVE DIRECTOR 40.00 X 223826 0 0 IAIN WEBB DIRECTOR 40.00 X 228938 0 20000 MARGARET BARBIERI ASSISTANT DIRECTOR 40.00 X 178748 0 0 MELISSA MCCOY CHIEF STRATEGY & ADVANCEME 40.00 X 173398 0 0 KRISTIE COX FINANCE & HR DIRECTOR 40.00 X 112868 0 0 JASON ETTORE GENERAL MANAGER 40.00 X 106229 0 0 1024007 0 20000 6 0 1 0 0 67313 1036914 231189 5435525 428701 6770941 TUITION 611600 1619666 1619666 BALLET PERFORMANCES 711120 1541103 1541103 PROGRAM BOOK 541800 9572 9572 3170341 439978 439978 104850 0 104850 104850 104850 1242901 1242901 0 2454 1036914 222536 -220082 -220082 MISCELLANEOUS 711120 300 300 300 10266328 3265919 9572 219896 118854 118854 691056 460944 230112 3887783 3097683 371035 419065 318387 264871 24974 28542 376497 276665 73411 26421 77059 61646 15413 30715 30715 27133 27133 488979 464721 21963 2295 850281 787408 1111 61762 407520 103040 269834 34646 261772 261772 566691 557737 8954 153574 140847 6410 6317 226133 211291 13756 1086 84982 9076 75906 PRODUCTION COSTS 298346 298346 ROOM AND BOARD 207680 207680 LIVE MUSIC 203595 203595 CATERING 176511 36600 139911 144625 66523 27767 50335 9598173 7629299 1198494 770380 75188 761769 1249394 808437 581408 760353 408902 893251 3624916 1841027 1708591 1783889 9150282 9917862 1713268 2191877 14887033 17117438 246636 336096 1060056 1109359 1895531 2427284 3202223 3872739 X 7132828 10078955 4551982 3165744 11684810 13244699 14887033 17117438 668155 891734 0 X X 0 1 X 1 0 X 5114194 8254032 8079956 6070253 6770941 34289376 2056715 977121 2043538 2985518 3170341 11233233 7170909 9231153 10123494 9055771 9941282 45522609 941833 1054504 1062704 1852989 969280 5881310 0 941833 1054504 1062704 1852989 969280 5881310 39641299 86026 72576 108063 211898 544828 1023391 86026 72576 108063 211898 544828 1023391 32191 32191 1701 23 34111 300 36135 7290827 9303752 10231557 9301780 10486410 46614326 0.85040 0.85430 0.02200 0.01340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5553296 250000 809521 6612817 4985922 517305 50069 5553296 2821571 2553990 -389639 4985922 734309 2000000 87262 2821571 696822 40392 2905 734309 0.87490 0.09680 0.02830 1 0 361614 55808 305806 2924185 1559819 1364366 339117 225400 113717 1783889 MARKETABLE SECURITIES 9917862 F 9917862 RIGHT OF USE ASSETS 2175520 OTHER ASSETS 16357 2191877 DEFERRED COMPENSATION 115000 LEASE LIABILITY 2312284 2427284 X 11353465 891734 222536 1114270 10239195 27133 27133 10266328 9793576 222536 222536 9571040 27133 27133 9598173 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 222,536. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 222,536. GALA 978877 978877 350 23540 138099 8902 32987 DANCE FOR ALL 60491 58037 2454 2412 5823 10423 1039368 1036914 2454 350 25952 143922 8902 43410 222536 -220082 1 SUMMER PROGRAM 41 51710 MARGARET BARBIERI CONSERVATORY 14 50947 BALLET SCHOOL 7 9357 DANCE THE NEXT GENERATION 123 6840 PART I, LINE 2: MERIT-BASED SCHOLARSHIPS ARE OFFERED TO STUDENTS AGES 12-21 TO THE SARASOTA BALLET SCHOOL, THE SARASOTA BALLET'S MARGARET BARBIERI CONSERVATORY, AND THE SARASOTA BALLET'S SUMMER INTENSIVE. THESE PROGRAMS REQUIRE STUDENTS TO AUDITION AND SELECT STUDENTS RECEIVED SCHOLARSHIPS BASED ON THEIR TALENT AND POTENTIAL. 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. X X 0 0 0 0 0 0 0 0 0 IAIN WEBB DIRECTOR 228938 0 0 0 0 0 20000 0 0 0 248938 0 0 0 JOSEPH VOLPE EXECUTIVE DIRECTOR 223826 0 0 0 0 0 0 0 0 0 223826 0 0 0 MARGARET BARBIERI ASSISTANT DIRECTOR 153748 0 25000 0 0 0 0 0 0 0 178748 0 0 0 MELISSA MCCOY CHIEF STRATEGY & ADVANCEME 173398 0 0 0 0 0 0 0 0 0 173398 0 0 0 MARK FAMIGLIO HONORARY BOARD MEMBER 265478 LEASED SPACE 0 X 5 143443 FMV X PRINTING AND ADVERTISING 14 229097 X CATERING 6 39839 X GOODS & SERVICES 15 9117 X LEGAL 1 7205 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED THE BYLAWS IN NOVEMBER 2023 AND ADDED THE EXECUTIVE DIRECTOR POSITION AND RESPONSIBILITIES TO ARTICLE VI, MANAGEMENT/OPERATIONS. 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 AND BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. 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.