2025-04-28T12:05:21+00:00 2024-06-30 135565207 KPMG LLP 301 Main Street Suite 2150 Baton Rouge LA 70801 990 2023-07-01 741394920 Houston Ballet Foundation HOUS 7135236300 601 Preston St Houston TX 77002 Jim Nelson Executive Director 7135236300 2025-04-28 true true Ryan Hooks P00746825 2253444000 2025-04-28 2023 2025-03-06 01:10:19Z Kristy Bradshaw 601 Preston St Houston TX 77002 94688159 false X WWW.HOUSTONBALLET.ORG X 1955 TX To inspire a lasting love and appreciation for dance through artistic excellence, exhilarating performances, innovative choreography, and superb educational programs. 114 114 597 317 0 0 15841320 23162361 14908055 15524628 6754802 6845024 1312238 825747 38816415 46357760 1370084 1013534 0 0 24165674 22497754 0 0 4209534 13145456 16224579 38681214 39735867 135201 6621893 169925338 181517628 8389305 8417817 161536033 173099811 TO INSPIRE A LASTING LOVE AND APPRECIATION FOR DANCE THROUGH ARTISTIC EXCELLENCE, EXHILARATING PERFORMANCES, INNOVATIVE CHOREOGRAPHY AND SUPERB EDUCATIONAL PROGRAMS. THE ORGANIZATION MAINTAINS A COMPANY OF PROFESSIONAL DANCERS AND ORCHESTRA THAT GIVE PERFORMANCES IN HOUSTON, TX ON TOUR NATIONALLY AND INTERNATIONALLY THROUGHOUT THE YEAR AND MAINTAINS AN ACADEMY THAT PROVIDES DANCE EDUCATION. false false 24906183 0 12834478 DANCE PERFORMANCES BY THE COMPANY OF PROFESSIONAL DANCERS AND ORCHESTRA IN HOUSTON, TX, ON TOUR NATIONALLY AND INTERNATIONALLY INCLUDE PRODUCTION EXPENSES SUCH AS SALARY OF PERFORMERS, COST OF COSTUMES, STAGE SETS, THEATER RENTAL, ORCHESTRA AND OTHER RELATED EXPENSES. 7640425 1013534 3937210 ACADEMY DANCE EDUCATION INCLUDES EXPENSES RELATING TO THE OPERATION OF THE BALLET ACADEMY, SCHOLARSHIPS AND TUITION FOR ACADEMY STUDENTS. 32546608 true true false false false false false false true true false false false false true false true false false false false false false true false false false true true false false false false false false false false true false false false false true false false false true 108 0 true 597 true false false false false false true true false false false false false false X 114 114 true false false false true true false true true false false true true true true true true true true false X KRISTI ROBERTS 7135236300 601 PRESTON ST HOUSTON TX 77002 Mr CHAD LIBERTUS VP - IDEA 1.5 X X 0 0 0 MR DANIEL M MCCLURE VICE PRESIDENT INVESTMENT 1.5 X X 0 0 0 MR JAMES COWAN MEMBER-AT-LARGE 1.5 X X 0 0 0 MR JESSE H JONES II VICE PRESIDENT DEVELOPMENT 1.5 X X 0 0 0 MR MARCUS A WATTS MEMBER-AT-LARGE 1.5 X X 0 0 0 MR SEAN BECKER MEMBER-AT-LARGE 1.5 X X 0 0 0 MRS ALLISON THACKER MEMBER-AT-LARGE 1.5 X X 0 0 0 MRS AMY PINCU TREASURER, VICE PRESIDENT FINANCE 1.5 X X 0 0 0 MRS CARROLL ROBERTSON RAY MEMBER-AT-LARGE 1.5 X X 0 0 0 MRS CHRISTINE M UNDERWOOD MEMBER-AT-LARGE 1.5 X X 0 0 0 MRS ELIZABETH LEYKUM VP EDUCATION & COMMUNITY ENGAGEMENT 1.5 X X 0 0 0 MRS ELIZABETH R ZDEBLICK VICE PRESIDENT ACADEMY 1.5 X X 0 0 0 MRS KELLEY S LUBANKO VICE PRESIDENT TRUSTEE DEVELOPMENT 1.5 X X 0 0 0 MRS KRISTY J BRADSHAW PRESIDENT 4.0 0.1 X X 0 0 0 MRS LEIGH M SMITH CHAIRMAN 2.5 0.1 X X 0 0 0 MRS LYNN WYATT MEMBER-AT-LARGE 1.5 X X 0 0 0 MRS MARGARET ALKEK WILLIAMS MEMBER-AT-LARGE, LIFE TRUSTEE 1.5 X X 0 0 0 MRS Melza BARR MEMBER-AT-LARGE 1.5 X X 0 0 0 MRS PHOEBE TUDOR MEMBER-AT-LARGE 1.5 X X 0 0 0 MS HALLIE VANDERHIDER SECRETARY 1.5 X X 0 0 0 MS LETICIA LOYA MEMBER-AT-LARGE 1.5 X X 0 0 0 MS S SHAWN STEPHENS MEMBER-AT-LARGE 1.5 X X 0 0 0 STEPHANIE TSURU MEMBER-AT-LARGE 1.5 X X 0 0 0 BECCA CASON THRASH TRUSTEE 1.5 X 0 0 0 DANNIKA E SIMPSON TRUSTEE 1.5 X 0 0 0 DR BRIDGITTE SHEN LEE TRUSTEE 1.5 X 0 0 0 DR DUYEN HUYNH NGUYEN TRUSTEE 1.5 X 0 0 0 DR JOSHUA D HARRIS TRUSTEE 1.5 X 0 0 0 DR JULIA D ANDRIENI TRUSTEE 1.5 X 0 0 0 DR LILIANA SOLTERO TRUSTEE 1.5 X 0 0 0 HON CHARLES C FOSTER TRUSTEE 1.5 X 0 0 0 LAURA M ROBERTSON TRUSTEE 1.5 X 0 0 0 MACEY REASONER TRUSTEE 1.5 X 0 0 0 MARSHA L MONTEMAYOR TRUSTEE 1.5 X 0 0 0 MONICA RADOFF TRUSTEE 1.5 X 0 0 0 MR BILL BALDWIN TRUSTEE 1.5 X 0 0 0 MR ED KOEHLER TRUSTEE 1.5 X 0 0 0 MR ERICH CANSECO TRUSTEE 1.5 X 0 0 0 MR GARY V BEAUCHAMP TRUSTEE 1.5 X 0 0 0 MR HERSCHEL HAMNER TRUSTEE 1.5 X 0 0 0 MR JAMES M JORDAN TRUSTEE 1.5 X 0 0 0 MR JAMES PARR TRUSTEE 1.5 X 0 0 0 MR JAMES W CROWNOVER TRUSTEE 1.5 X 0 0 0 MR JOSEPH A HAFNER JR TRUSTEE 1.5 X 0 0 0 MR JOSEPH A MATULA TRUSTEE 1.5 X 0 0 0 MR KENT SCHAFFER TRUSTEE 1.5 X 0 0 0 MR MARK LOVELAND TRUSTEE 1.5 X 0 0 0 MR MICHAEL HECKMAN TRUSTEE 1.5 X 0 0 0 MR MIKE CHOU TRUSTEE 1.5 X 0 0 0 MR PHIL LANE TRUSTEE 1.5 X 0 0 0 MR RON RAND TRUSTEE 1.5 X 0 0 0 MR W CAMERON ALGUIRE TRUSTEE 1.5 X 0 0 0 MRS AKEMI SAITOH TRUSTEE 1.5 X 0 0 0 MRS ALICIA SMITH TRUSTEE 1.5 X 0 0 0 MRS ANN GRAHAM TRUSTEE 1.5 X 0 0 0 MRS ANNE S CHAO TRUSTEE 1.5 X 0 0 0 MRS CABRINA OWSLEY TRUSTEE 1.5 X 0 0 0 MRS CARTER DUGAN TRUSTEE 1.5 X 0 0 0 MRS DIANE BAZELIDES TRUSTEE 1.5 X 0 0 0 MRS DONALD M GRAUBART TRUSTEE 1.5 X 0 0 0 MRS ELISA S PYE TRUSTEE 1.5 X 0 0 0 MRS ERIKA TOUSSAINT TRUSTEE 1.5 X 0 0 0 MRS GINA BHATIA TRUSTEE 1.5 X 0 0 0 MRS HEIDI SMITH TRUSTEE 1.5 X 0 0 0 Mrs ILEANA TREVINO TRUSTEE 1.5 X 0 0 0 MRS J LUKE MCCONN III TRUSTEE 1.5 X 0 0 0 MRS JAMES SHAFFER TRUSTEE 1.5 X 0 0 0 MRS JAMES W CROWNOVER TRUSTEE 1.5 X 0 0 0 MRS JAYNE JOHNSTON TRUSTEE 1.5 X 0 0 0 MRS JEAN E MAY TRUSTEE 1.5 0.3 X 0 0 0 MRS JO FURR TRUSTEE 1.5 X 0 0 0 MRS KATE FOWLER TRUSTEE 1.5 X 0 0 0 MRS KRIS MCGEE TRUSTEE 1.5 X 0 0 0 MRS LENNI BURKE TRUSTEE 1.5 0.3 X 0 0 0 MRS LESLIE ALSTON TRUSTEE 1.5 X 0 0 0 MRS LESLIE BLANTON TRUSTEE 1.5 X 0 0 0 MRS LOUISA STUDE SAROFIM TRUSTEE 1.5 X 0 0 0 MRS MARIANNA GEAGEA TRUSTEE 1.5 X 0 0 0 MRS MARTHA FINGER TRUSTEE 1.5 X 0 0 0 MRS MARTHA ROCKS MCMURREY TRUSTEE 1.5 X 0 0 0 MRS MICHAEL MITHOFF TRUSTEE 1.5 X 0 0 0 MRS MIGNON GILL TRUSTEE 1.5 0.3 X 0 0 0 MRS NANCY FERGUSON HAYWOOD TRUSTEE 1.5 X 0 0 0 MRS PAMELA D EARTHMAN TRUSTEE 1.5 X 0 0 0 MRS PATTI MURPHY TRUSTEE 1.5 X 0 0 0 MRS REE HUMPHREY GUILD PRESIDENT 1.5 35.0 X 0 0 0 MRS RINI ZIEGLER TRUSTEE 1.5 X 0 0 0 MRS ROSANETTE S CULLEN TRUSTEE 1.5 X 0 0 0 MRS RUSSELL C JOSEPH TRUSTEE 1.5 X 0 0 0 MRS SUSAN BINNEY TRUSTEE 1.5 0.3 X 0 0 0 MRS WINELL HERRON TRUSTEE 1.5 X 0 0 0 Ms AMY LEBLANC TRUSTEE 1.5 X 0 0 0 MS ANN C BEAN TRUSTEE 1.5 X 0 0 0 MS BETH MUECKE TRUSTEE 1.5 X 0 0 0 MS DESRYE MORGAN TRUSTEE 1.5 X 0 0 0 MS JANE DIPAOLA TRUSTEE 1.5 X 0 0 0 MS JORDAN SEFF TRUSTEE 1.5 X 0 0 0 MS KAY CHEVRAY TRUSTEE 1.5 X 0 0 0 MS KIM CAGLE TRUSTEE 1.5 X 0 0 0 MS LINDSEY BROWN TRUSTEE 1.5 X 0 0 0 MS MELANIE LAWSON TRUSTEE 1.5 X 0 0 0 MS MELISSA JUNEAU TRUSTEE 1.5 X 0 0 0 MS NANCY POWELL MOORE TRUSTEE 1.5 X 0 0 0 MS SAMIRA A SALMAN TRUSTEE 1.5 0.3 X 0 0 0 MS SASHA DAVIS TRUSTEE 1.5 X 0 0 0 MS SUNDAY SHEPHERD TRUSTEE 1.5 X 0 0 0 MS VICTORIA GUTIERREZ TRUSTEE 1.5 X 0 0 0 MS ZOE CADORE TRUSTEE 1.5 X 0 0 0 NATASHA KHAN TRUSTEE 1.5 X 0 0 0 RICHARD K MCGEE TRUSTEE 1.5 X 0 0 0 RICHARD W FLOWERS TRUSTEE 1.5 X 0 0 0 SANDRA S GODFREY TRUSTEE 1.5 X 0 0 0 SHARON F ERSKINE TRUSTEE 1.5 0.3 X 0 0 0 TAMMY TRAN NGUYEN TRUSTEE 1.5 X 0 0 0 JAMES NELSON EXECUTIVE DIRECTOR 40.0 X 353891 0 78184 JULIE-BARBEE KENT ARTISTIC DIRECTOR 40.0 X 209234 0 33773 KRISTI FELBER-ROBERTS CHIEF FINANCIAL OFFICER 40.0 X 209376 0 26918 STANTON D WELCH ARTISTIC DIRECTOR 40.0 X 470714 0 51159 ANGELA LANE CHIEF DEVELOPMENT OFFICER 40.0 X 212813 0 29782 Connor L Walsh Dancer - Principal 40.0 X 128034 0 24181 ERMANNO FLORIO MUSIC DIRECTOR 40.0 X 173871 0 51317 JENNIFER SOMMERS ACADEMY DIRECTOR 40.0 X 129860 0 22432 MARYJANE C BAVARET IT DIRECTOR 40.0 X 144100 0 23144 Patsy Chapman CEO of Nutcracker Market 0.0 0.0 X 164835 0 21372 2196728 0 362262 16 true true false IATSE LOCAL 51 PO BOX 403 HOUSTON TX 770010403 UNION STAGE HANDS 1759752 STRIKE MARKETING 906 RUTLAND STREET HOUSTON TX 77008 MARKETING/AD SERVICES 1441855 CAPACITY INTERACTIVE CONSULTING LLC BOX 83447 WOBURN MA 018133447 DIGITAL MEDIA 277300 WORTHAM CENTER OPERATING CO 510 PRESTON 201 HOUSTON TX 77002 WORTHAM CREW FEES 252860 JIXAW TECHNOLOGIES 107-8828 HEATHER STREET VANCOUVER BRITISH COLUMBIA CA V6P3S8 TECHNOLOGY 232814 15 0 0 1860029 5539719 1238472 14524141 642400 23162361 PERFORMANCE INCOME 711120 11417002 11417002 TUITION 711120 3937210 3937210 COSTUME/SET RENTALS 711120 170416 170416 0 0 0 0 15524628 3961924 3961924 0 0 50514019 47630919 2883100 0 2883100 2883100 278167 1860029 699480 -421313 -421313 SOUVENIR INCOME 711120 1152413 1152413 MISCELLANEOUS 711120 94647 94647 0 0 0 0 1247060 46357760 16771688 0 6423711 1013534 1013534 1957759 1021466 676816 259477 15415722 13022826 712341 1680555 677971 500785 138561 38625 3026944 2591499 131128 304317 1419358 1204782 69077 145499 10000 10000 1625 1625 77640 77640 228022 228022 3924126 2982298 194944 746884 2234730 2187665 3524 43541 2581609 1966178 156006 459425 791061 486503 181944 122614 421399 421399 1592916 1395077 106163 91676 465147 389382 19878 55887 187750 118884 37159 31707 1670206 1336166 167019 167021 623897 499285 62306 62306 OTHER EXPENSES 900581 895009 5572 SOUVENIR EXPENSE 513870 513870 0 0 0 0 39735867 32546608 2979725 4209534 15542080 13258588 7343654 7686843 135958 61203 0 0 0 0 0 663123 1271458 885383 69997358 31443629 39260867 38553729 105612805 119896744 0 0 758516 512015 169925338 181517628 2110619 2761167 5448988 5097181 0 0 829698 559469 0 0 8389305 8417817 115521949 119146106 46014084 53953705 161536033 173099811 169925338 181517628 6621893 4941885 0 X false true X true false X 14834329 7994388 13184691 15826320 23162361 75002089 0 0 14834329 7994388 13184691 15826320 23162361 75002089 12422561 62579529 2201018 1480267 1348019 2586720 3961924 11577948 0 1085348 66657 1193314 1780009 1247060 5372388 91952425 0 0.6806 0.7028 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - 1085348.0, COLUMN B - 66657.0, COLUMN C - 1193314.0, COLUMN D - 1780009.0, COLUMN E - 1247060.0, COLUMN F - 5372388.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104447712 5130798 9923040 2444400 117057150 96379430 1217356 8353594 1502668 104447712 103394771 8014515 -13604434 1190999 234423 96379430 80123432 200 24790968 1331340 188489 103394771 80557968 55658 2816183 3053687 252690 80123432 0.5851 0.4149 0.0 false false 9689178 9689178 42708208 15094740 27613468 4512579 3261496 1251083 13087393 13087393 0 38553729 0 X Schedule D, Part V, Line 4 Intended uses of endowment funds HOUSTON BALLET FOUNDATION USES ENDOWMENT FUNDS TO GUARANTEE FUTURE FINANCIAL SECURITY OF THE FOUNDATION. ENDOWMENT FUNDS ARE INVESTED TO PROVIDE THE FOUNDATION WITH LONG-TERM GROWTH CONSISTENT WITH THE PRESERVATION OF CAPITAL AND THE ANNUAL BUDGET REQUIREMENT WITHIN WITHDRAWAL LIMITATION ESTABLISHED BY THE BOARD OF TRUSTEES OF THE FOUNDATION. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote FIN 48 FOOTNOTE FROM THE COMBINED FINANCIAL STATEMENTS OF HOUSTON BALLET FOUNDATION AND HOUSTON BALLET GUILD, INC: HOUSTON BALLET FOUNDATION ("FOUNDATION") AND THE HOUSTON BALLET GUILD, INC. ARE BOTH NONPROFIT ORGANIZATIONS WHICH HAVE BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND NEITHER ARE PRIVATE FOUNDATIONS. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS CURRENT GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD AN INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND APPLIES TO ALL INCOME TAX POSITIONS. EACH INCOME TAX POSITION IS ASSESSED USING A TWO-STEP PROCESS. A DETERMINATION IS FIRST MADE AS TO WHETHER IT IS MORE LIKELY THAN NOT THAT THE INCOME TAX POSITION WILL BE SUSTAINED, BASED ON TECHNICAL MERITS, UPON EXAMINATION BY THE TAXING AUTHORITIES. IF THE INCOME TAX POSITION IS EXPECTED TO MEET THE MORE LIKELY THAN NOT CRITERIA, THE BENEFIT RECORDED IN THE FINANCIAL STATEMENTS EQUALS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON ITS ULTIMATE SETTLEMENT. THE FOUNDATION DID NOT RECOGNIZE ANY UNCERTAIN TAX POSITIONS UPON ADOPTION OF THE GUIDANCE AND HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. THE INCOME TAX POSITION TAKEN BY THE FOUNDATION, FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS, IS THAT THE FOUNDATION CONTINUES TO BE EXEMPT FROM INCOME TAXES BY VIRTUE OF BEING A NONPROFIT ORGANIZATION. MANAGEMENT BELIEVES THIS TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT THRESHOLD AND, ACCORDINGLY, THE TAX BENEFIT OF THIS INCOME TAX POSITION (NO INCOME TAX LIABILITY) HAS BEEN RECOGNIZED FOR THE YEARS ENDED ON OR BEFORE JUNE 30, 2024. THE FOUNDATION WILL RECORD INCOME TAX RELATED INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF THE PROVISION FOR INCOME TAX EXPENSE. HOWEVER, THERE WERE NO AMOUNTS RECOGNIZED RELATING TO INTEREST AND PENALTIES IN THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2024. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS TAX RETURNS (FORM 990) FOR 2020 AND LATER ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. Ballet Ball 1765497 1535420 230077 192682 2538 124367 41500 249345 Onstage Dinner 259369 236929 22440 44486 16537 1 113330 87680 25650 16359 11666 2138196 1860029 278167 192682 2538 185212 41500 277548 699480 -421313 true STUDENT SCHOLARSHIPS 271 0 1013534 FMV TUITION REVENUE REDUCTION Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. HOUSTON BALLET ACADEMY OFFERS SCHOLARSHIPS BASED ON MERIT, FINANCIAL NEED, OR A COMBINATION OF BOTH. THROUGH THE CHANCE TO DANCE PROGRAM, ALL FAMILIES MAY APPLY FOR FINANCIAL ASSISTANCE IN THE FORM OF TUITION ABATEMENT. EACH YEAR, HOUSTON BALLET COLLABORATES WITH NINE AREA ELEMENTARY SCHOOLS WITH AT LEAST 75% OF THE STUDENTS IDENTIFIED AS ECONOMICALLY DISADVANTAGED BY THE TEXAS EDUCATION AGENCY. AFTER THE 8-WEEK PROGRAM, PARTICIPANTS ARE EVALUATED FOR FULL SCHOLARSHIPS TO HOUSTON BALLET ACADEMY BASED ON CRITERIA SUCH AS STRENGTH, FLEXIBILITY, MUSICALITY, RHYTHM, COORDINATION, AND PERSONAL MOTIVATION. ADDITIONALLY, HOUSTON BALLET FACULTY ANNUALLY AWARDS MERIT-BASED SCHOLARSHIPS FOR SUMMER PROGRAMMING TO STUDENTS WHO DEMONSTRATE SIGNIFICANT GROWTH AS DANCERS AND CONTRIBUTORS TO THE ACADEMY COMMUNITY. THESE INCLUDE BOTH ENDOWED AND NAMED SCHOLARSHIPS WITH SPECIFIC ELIGIBILITY REQUIREMENTS. FACULTY NOMINATIONS FOR THESE SCHOLARSHIPS ARE BASED ON STUDENT'S PERFORMANCE IN CLASSES, REHEARSALS, AND ONSTAGE. FAMILIES SEEKING NEED-BASED SCHOLARSHIPS APPLY THROUGH TADS, A THIRD-PARTY SYSTEM. HOUSTON BALLET TRACKS ALL SCHOLARSHIPS USING CLASSE365 AND PRODUCES MONTHLY AND ANNUAL REPORTS ON SCHOLARSHIP ALLOCATIONS. X X X X X false true false false false false false false false STANTON D WELCH ARTISTIC DIRECTOR 420478 0 0 0 50236 0 35246 0 15913 0 521873 0 17036 0 JAMES NELSON EXECUTIVE DIRECTOR 331391 0 0 0 22500 0 62271 0 15913 0 432075 0 0 0 KRISTI FELBER-ROBERTS CHIEF FINANCIAL OFFICER 209376 0 0 0 0 0 10519 0 16399 0 236294 0 0 0 JULIE-BARBEE KENT ARTISTIC DIRECTOR 209234 0 0 0 0 0 9615 0 24158 0 243007 0 0 0 Patsy Chapman CEO of Nutcracker Market 164835 0 0 0 0 0 5755 0 15617 0 186207 0 0 0 ANGELA LANE CHIEF DEVELOPMENT OFFICER 203313 0 0 0 9500 0 10819 0 18963 0 242595 0 0 0 ERMANNO FLORIO MUSIC DIRECTOR 173871 0 0 0 0 0 9990 0 41327 0 225188 0 0 0 MARYJANE C BAVARET IT DIRECTOR 144100 0 0 0 0 0 7231 0 15913 0 167244 0 0 0 JENNIFER SOMMERS ACADEMY DIRECTOR 129860 0 0 0 0 0 6519 0 15913 0 152292 0 0 0 Connor L Walsh Dancer - Principal 128034 0 0 0 0 0 8956 0 15225 0 152215 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan STANTON WELCH RECEIVED A PAYMENT OF $17,036 IN THE CURRENT YEAR. X 7 12290 Market value X 139292 Market value X 9 127342 Market value X 8 47410 Market value X GIFT CARDS 6 1850 Market value X JEWELRY 4 59650 Market value X VACATION HOMES 6 46550 Market value X DECOR 1 154809 Market value false true false Schedule M, Part I COLUMN (B): THE AMOUNT LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Line 2 THE FOLLOWING TRUSTEES OR OFFICERS HAVE A RELATIONSHIP WITH ANOTHER TRUSTEE OR OFFICER OF THE HOUSTON BALLET FOUNDATION: MR. JAMES CROWNOVER/MRS. JAMES CROWNOVER - FAMILY RELATIONSHIP MR. JAMES JORDAN/MRS. S. SHAWN STEPHENS- FAMILY RELATIONSHIP MRS. KRIS MCGEE/MR. RICHARD MCGEE - FAMILY RELATIONSHIP Form 990, Part VI, Line 1a Delegate broad authority to a committee THE BOARD OF TRUSTEES DELEGATES ITS AUTHORITY TO ACT ON ITS BEHALF TO THE ELECTIVE COMMITTEE. THE ELECETIVE COMMITTEE CONSISTS OF 25 PEOPLE (CHAIRMAN, PRESIDENT, SECRETARY, VICE PRESIDENT-ACADEMY, VICE PRESIDENT-FINANCE, VICE PRESIDENT-DEVELOPMENT, VICE PRESIDENT-INSTITUTIONAL GIVING, VICE PRESIDENT-INVESTMENTS, VICE PRESIDENT-SPECIAL EVENTS, VICE PRESIDENT-TRUSTEE DEVELOPMENT AND 15 MEMBER-AT-LARGE, INCLUDING THE HOUSTON BALLET GUILD PRESIDENT) ALL OF WHOM ARE MEMBERS OF THE BOARD OF TRUSTEES. Form 990, Part VI, Line 6 Classes of members or stockholders THE HOUSTON BALLET FOUNDATION IS AN ORGANIZATION WITH MEMBERS WHO MEET ANNUALLY AND VOTE TO ELECT THE BOARD OF TRUSTEES. THE MEMBERS DO NOT EXERCISE ANY MANAGEMENT AUTHORITY AND DO NOT RECEIVE ANY SHARE OF THE ORGANIZATION'S PROFITS OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MEMBERS OF THE HOUSTON BALLET FOUNDATION MEET ANNUALLY AND VOTE TO ELECT THE TRUSTEES BOARD. Form 990, Part VI, Line 11b Review of form 990 by governing body THE TRUSTEES ON THE EXECUTIVE AND AUDIT COMMITTEES WERE PROVIDED ELECTRONIC COPIES OF THE PREPARED FORM 990 BEFORE ITS FILING WITH THE IRS. THE AUDIT COMMITTEE REVIEWED THE PREPARED FORM 990 DURING THEIR REGULAR MEETINGS. Form 990, Part VI, Line 12c Conflict of interest policy ALL TRUSTEES AND OFFICERS OF THE BOARD ARE SENT A QUESTIONNAIRE ANNUALLY TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. DISCLOSURES SHOULD BE UPDATED IF A CONFLICT OR THE APPEARANCE OF A CONFLICT ARISES BEFORE THE NEXT REPORTING PERIOD. DISCLOSURES (AND SUBSEQUENT DISCLOSURES) ARE REVIEWED. IF POTENTIAL CONFLICTS ARE PRESENT, THE INTERESTED PARTY SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE A DETERMINATION OF THE CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. Form 990, Part VI, Line 15a Process to establish compensation of top management official OFFICER COMPENSATION: BEFORE HIRING OR EXTENDING THE WRITTEN EMPLOYMENT CONTRACTS OF EITHER THE EXECUTIVE DIRECTOR OR THE ARTISTIC DIRECTORS, THE EXECUTIVE COMMITTEE OR A SPECIALLY-FORMED INDEPENDENT COMMITTEE REVIEWS HOUSTON BALLET FOUNDATION DATA INCLUDING, BUT NOT LIMITED TO, FORM 990 OF OTHER ORGANIZATIONS, COMPENATION SURVEYS, AND EMPLOYMENT CONTRACTS. THE EXECUTIVE COMMITTEE APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE ARTISTIC DIRECTORS. THE DELIBERATION AND THE DECISION ARE DOCUMENTED. EMPLOYEE COMPENSATION: WITHIN BUDGETARY CONSTRAINTS APPROVED BY THE EXECUTIVE COMMITTEE AND AFTER REVIEWING FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS AND EMPLOYMENT CONTRACTS, THE EXECUTIVE DIRECTOR AND/OR THE ARTISTIC DIRECTORS APPROVE THE COMPENSATION FOR THE OFFICERS OR KEY EMPLOYEES OF THE HOUSTON BALLET FOUNDATION. Form 990, Part VI, Line 19 Required documents available to the public THE 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND THROUGH GUIDESTAR ONLINE. A LINK TO GUIDESTAR IS ON THE ORGANIZATION'S WEBSITE. ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ETC. ARE ALSO AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2a THE HOUSTON BALLET FOUNDATION'S FINANCIAL STATEMENTS ARE AUDITED AS PART OF A COMBINED ANNUAL AUDIT WITH THE HOUSTON BALLET GUILD, INC. THE FOUNDATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. HOUSTON BALLET GUILD INC 601 PRESTION ST HOUSTON TX 77002 742129272 SUPPORT HBF TX 501(c)(3) Type II NA false WORTHAM CENTER OPERATING CO INC 510 PRESTION ST HOUSTON TX 77002 760205663 SUPPORT HBF TX 501(c)(3) Type III-FI NA false false false true false false false false false false false false false true true true true true false false