2026-05-15T15:00:24-05:00 2025-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2024-07-01 846038137 COLORADO BALLET COLO 3038378888 1075 SANTA FE DRIVE DENVER CO 80204 SAMEED AFGHANI EXECUTIVE DIRECTOR 3038378888 2026-05-15 1 1 KYLE FRITCH CPA P01313374 9702238825 2026-05-15 2024 2025-03-06 01:10:19Z SAMEED AFGHANI 1075 SANTA FE DRIVE DENVER CO 80204 18031886 0 X WWW.COLORADOBALLET.ORG X 1961 CO PRESENTING CLASSICAL BALLET & INNOVATIVE DANCE THAT ENHANCES THE CULTURAL LIFE OF OUR COMMUNITY. 30 30 343 169 2197 7101 3796700 6481377 9753258 10365223 387228 587157 155818 161935 14093004 17595692 1889583 2641332 0 0 7673818 8208428 0 0 696514 6104446 6525284 15667847 17375044 -1574843 220648 18331057 19500154 2305101 2724575 16025956 16775579 X COLORADO BALLET'S MISSION IS TO PRESENT EXCEPTIONAL CLASSICAL BALLET AND CONTEMPORARY DANCE THROUGH PERFORMANCES, TRAINING, EDUCATION AND COMMUNITY ENGAGEMENT WHILE INSPIRING AND GROWING AN INCREASINGLY DIVERSE AUDIENCE BASE. 0 0 10909051 2305000 7391636 PERFORMANCES:UNDER THE LEADERSHIP OF ARTISTIC DIRECTOR GIL BOGGS AND HIS ARTISTIC TEAM, COLORADO BALLET COMPANY REMAINS COMMITTED TO PRODUCING THE HIGHEST QUALITY DANCE. EACH SEASON, THE COMPANY PERFORMS TECHNICALLY CHALLENGING CLASSICAL BALLET AS WELL AS INNOVATIVE CONTEMPORARY PREMIERES. THE COMPANY'S 40 PROFESSIONAL DANCERS COME FROM ALL OVER THE WORLD, INCLUDING JAPAN, CANADA, FRANCE, COLOMBIA, AND THE UNITED STATES. ADDITIONALLY, THE STUDIO COMPANY PROVIDES BETWEEN 20 AND 25 YOUNG DANCERS WITH TRAINING AND PERFORMANCE OPPORTUNITIES AS A START TO A PROFESSIONAL CAREER IN BALLET. 2660701 336332 3220966 EDUCATION AND ACADEMY:COLORADO BALLET ENHANCES THE CULTURAL LIFE OF COLORADO THROUGH EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS. OUR TEAM OFFERS DANCE EDUCATION VIA AFTER-SCHOOL PROGRAMS, IN-SCHOOL ASSEMBLIES, STUDENT MATINEES, LIVE STREAM PERFORMANCES, DANCE TECHNIQUE, ARTS INTEGRATION, STEAM WORKSHOPS, ACCESSIBILITY PROGRAMS, ADULT EDUCATION, AND EDUCATOR PROFESSIONAL DEVELOPMENT. OUR MISSION IS SIMPLE - EVERY. BODY. DANCE! PROGRAMS ARE OFFERED TO STUDENTS AND COMMUNITY MEMBERS LEAST LIKELY TO ACCESS DANCE INDEPENDENTLY AND FOR WHOM IT COULD HAVE THE GREATEST IMPACT, WITH THE INTENTION TO BRING DIVERSE COMMUNITIES TOGETHER TO OVERCOME REAL AND PERCEIVED BARRIERS. (CONTINUED ON SCHEDULE O)COLORADO BALLET'S EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS MADE APPROXIMATELY 69,000 COMMUNITY CONTACTS DURING THE 2024-2025 SEASON AND 3,000 SCHOOLS AND ORGANIZATIONS WERE REACHED NATIONWIDE. WE AWARDED $133,000 IN NEED-BASED SCHOLARSHIPS. AS THE PREMIER BALLET TRAINING INSTITUTION IN THE STATE, THE RAYDEAN ACEVEDO COLORADO BALLET ACADEMY (CBA) PROVIDES PROFESSIONAL CLASSICAL BALLET TRAINING AND MENTORSHIP. THROUGHOUT THE YEAR, CBA ALSO OFFERS DANCE CLASSES IN OTHER STYLES, WORKSHOPS, AUDITIONS, AND SUMMER PROGRAMS FOR ALL LEVELS. UNDER THE GUIDANCE OF ACADEMY DIRECTOR ERICA FISCHBACH, CBA ACTIVELY FOSTERS A POSITIVE LEARNING ENVIRONMENT THAT EMPOWERS APPROXIMATELY 1,500 STUDENTS ANNUALLY TO FREELY AND CREATIVELY EXPRESS THEMSELVES WHILE CULTIVATING THEIR TECHNIQUE AND MUSICALITY. THE CURRICULUM IS GROUNDED IN CLASSICAL BALLET TRAINING WITH ELEMENTS OF THE RUSSIAN, FRENCH AND ITALIAN SCHOOLS. THE RESULT OF THIS TRAINING IS SEASONED DANCERS WHO THRIVE PROFESSIONALLY UNDER THE DIVERSE CHOREOGRAPHIC DEMANDS OF DANCERS TODAY. CBA STUDENTS COME FROM A VARIETY OF BACKGROUNDS, AGES, AND LEVELS WITH UNIQUE GOALS AND ASPIRATIONS. TO LOWER THE BARRIER TO ACCESS TRAINING AT CBA, SCHOLARSHIPS ARE AWARDED TO DESERVING AND TALENTED STUDENTS WHO WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO PURSUE A DANCE EDUCATION. ACADEMY STUDENTS COMPETE EACH YEAR AT THE YOUTH AMERICA GRAND PRIX (YAGP), AN INTERNATIONAL BALLET COMPETITION. LAST SEASON, 15 ACADEMY STUDENTS WENT ON TO THE INTERNATIONAL FINALS, AND AN ACADEMY ENSEMBLE PLACED THIRD. THE ACADEMY AWARDED $204,000 IN SCHOLARSHIPS TO DESERVING STUDENTS DURING THE 2024-2025 SEASON. 13569752 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 1 0 0 1 77 0 1 343 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 CO X X JANINA FALIK 3033391625 1075 SANTA FE DRIVE DENVER CO 80204 GLENN BOGGS ARTISTIC DIRECTOR 40.00 0.00 X 313939 0 28961 SAMEED AFGHANI EXECUTIVE DIRECTOR 40.00 0.25 X 208998 0 2380 KAREN SUMNER THRU DEC '24 CHIEF ADVANCEMENT OFFICER 40.00 0.25 X 173303 0 5582 RACHEL PEREZ DIRECTOR OF MARKETING & COMMUNICATIONS 40.00 0.00 X 116711 0 10382 ERICA FISCHBACH DIRECTOR OF ACADEMY 44.28 0.00 X 109465 0 13482 JANINA FALIK DIRECTOR OF ACCOUNTING 41.19 0.00 X 105963 0 7101 MICHELLE MOORMAN APPLEGATE BOARD CO-CHAIR 2.00 0.25 X X 0 0 0 BRENT BACKES FINANCE CO-CHAIR 2.00 0.25 X X 0 0 0 CURT HOCKEMEIER FINANCE CO-CHAIR 2.00 0.25 X X 0 0 0 GEOFF LONG BOARD CO-CHAIR 2.00 0.25 X X 0 0 0 JOANNE ZBOYAN- EDUCATION COMMUNITY ENGAGEMENT CO-CHAIR/TRUSTEE 2.00 0.00 X 0 0 0 MERRY LOGAN EMERITUS LIAISON/TRUSTEE 2.00 0.00 X 0 0 0 ALYSON GRAVES ADVANCEMENT CO-CHAIR/TRUST 2.00 0.00 X 0 0 0 DOUGLAS RICHARDS ADVANCEMENT CO-CHAIR/TRUST 2.00 0.00 X 0 0 0 CHRISTINA RAYA LONG RANGE PLANNING CO-CHAIR/TRUSTEE 2.00 0.25 X 0 0 0 RAYDEAN ACEVEDO ACADEMY CO-CHAIR/TRUSTEE 2.00 0.00 X 0 0 0 HOLLY BAROWAY ACADEMY CO-CHAIR/TRUSTEE 2.00 0.00 X 0 0 0 RICHARD KYLBERG MARKETING CO-CHAIR/TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM HARTMAN MARKETING CO-CHAIR/TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL KORENBLAT BOARD GOVERNANCE CO-CHAIR/TRUSTEE 2.00 0.00 X 0 0 0 BERNEE STROM BOARD GOVERNANCE CO-CHAIR/TRUSTEE 2.00 0.25 X 0 0 0 ELIZABETH KATKIN LONG-RANGE PLANNING CO-CHAIR/TRUSTEE 2.00 0.00 X 0 0 0 DENISE SANDERSON ADVANCEMENT CO-CHAIR/TRUST 2.00 0.25 X 0 0 0 SUSAN BAILEY TRUSTEE 0.25 0.00 X 0 0 0 HEATHER BEISER TRUSTEE 0.25 0.00 X 0 0 0 ANN FRICK TRUSTEE 0.25 0.00 X 0 0 0 KAYE FERRY TRUSTEE 0.25 0.00 X 0 0 0 ANNE M HILLARY TRUSTEE 0.25 0.00 X 0 0 0 JANE NETZORG TRUSTEE 0.25 0.00 X 0 0 0 EMILY GARNETT TRUSTEE 0.25 0.00 X 0 0 0 VICTORIA PHARES TRUSTEE 0.25 0.00 X 0 0 0 CHERI RUBIN TRUSTEE 0.25 0.00 X 0 0 0 RICHARD SAUNDERS TRUSTEE 0.25 0.00 X 0 0 0 SUZAN SCHLATTER TRUSTEE 0.25 0.00 X 0 0 0 BRAD SONNENBERG TRUSTEE 0.25 0.00 X 0 0 0 NANCY STEVENS TRUSTEE 0.25 0.00 X 0 0 0 1028379 0 67888 6 0 1 0 AMERICAN HARLEQUIN CORPORATION 1531 GLEN AVENUE MOORESTOWN NJ 08057 FLOORING AND INSTALLATION 327981 THE ABER GROUP INC 120 EGLINTON AVE EAST SUITE 608 TORONTO CA MARKETING AGENCY 210671 MERIPLEX SOLUTIONS LLC LP 10111 RICHMOND AVENUE STE 500 HOUSTON TX 77042 IT SUPPORT 114561 3 474425 1451673 4555279 83927 6481377 PERFORMANCE REVENUE 711120 7165820 7165820 ACADEMY TUITION & FEES 711120 3197650 3197650 1753 1753 10365223 581991 581991 23316 0 23316 23316 23316 12260 7094 5166 5166 5166 185059 474425 272700 -87641 -87641 342726 156400 186326 184129 2197 GAIN FROM INVESTMENT IN OZ BALLET 900099 39934 39934 39934 17595692 10612602 2197 499516 2305000 2305000 336332 336332 645362 333457 221357 90548 89460 89460 6528322 5334098 891177 303047 217295 188870 21728 6697 210469 178239 31340 890 517520 409819 78556 29145 22626 22626 55768 55768 1683415 1416171 181350 85894 692548 692548 241642 30873 202257 8512 237717 100172 131024 6521 727599 690907 34869 1823 198762 183864 13171 1727 21884 13637 6410 1837 336202 87920 224687 23595 311029 108671 202358 739466 646980 72114 20372 STUDENT ACTIVITIES & PE 341073 341073 PRODUCTION EXPENSE 297603 297603 SETS AND EQUIPMENT 248126 232986 15140 LICENSING AND ROYALTIES 128273 126823 0 1450 241551 116797 10298 114456 17375044 13569752 3108778 696514 11115068 11794179 143315 412987 102463 48706 46176 56504 115749 180575 10098112 3325538 6728525 6772574 20256 60189 59505 174440 18331057 19500154 803419 1075320 1501682 1649255 2305101 2724575 X 15906165 16295503 119791 480076 16025956 16775579 18331057 19500154 X 220648 546563 -17588 X 0 1 X 1 0 X 5828092 8433042 4405973 3796700 6481377 28945184 1046791 7274030 9532242 10048242 10716488 38617793 6874883 15707072 13938215 13844942 17197865 67562977 544635 492086 577105 519158 538536 2671520 0 544635 492086 577105 519158 538536 2671520 64891457 9294 41036 325165 409803 605307 1390605 9294 41036 325165 409803 605307 1390605 1904 3002 3581 2197 10684 6884177 15750012 14266382 14258326 17805369 68964266 0.94090 0.94280 0.02020 0.01440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8357536 2305200 1078829 11741565 5891199 1593441 872896 8357536 5550343 340856 5891199 0.41580 0.44370 0.14050 0 1 1 417450 417450 6565000 1719000 4846000 8564 5441 3123 3107098 1601097 1506001 6772574 X 17885765 546563 13991 65851 626405 17259360 336332 336332 17595692 17136142 13991 13991 17122151 252893 252893 17375044 PART V, LINE 4: THE ENDOWMENT REPORTED IS HELD BY A SUPPORTING RELATED ORGANIZATION, COLORADO BALLET FOUNDATION. THE ENDOWMENT WAS ESTABLISHED TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR OPERATIONS OF COLORADO BALLET, WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSET. PART X, LINE 2: THE ORGANIZATION BELIEVES THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING THE BALLET'S ANNUAL FILING REQUIREMENTS, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. THE BALLET'S FORMS 990, 990-T AND OTHER INCOME TAX FILINGS REQUIRED BY STATE, LOCAL, OR NON-U.S. TAX AUTHORITIES ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE WITH EXPENSE ON FINANCIALS 65,851. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED WITH INCOME ON FINANCIALS 336,332. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED WITH INCOME ON FINANCIALS 336,332. FUNDRAISING EVENT EXPENSE WITH EXPENSE ON FINANCIALS -65,851. LOSS ON UNCOLLECTIBLE PROMISES -17,588. THE ONE GALA 606369 474425 131944 2179 76980 9023 114420 SP BALL 37860 37860 5659 44008 9200 11231 1 14985 14985 659214 474425 184789 7838 120988 18223 125651 272700 -87911 1 COLORADO BALLET FOUNDATION 1075 SANTA FE DR DENVER CO 80204 880544157 501(C)(3) 2305000 0 BOARD DESIGNATIONS TO GROW ENDOWMENT HELD TO SUPPORT CO BALLET 1 0 TUITION ASSISTANCE 247 336332 PART I, LINE 2: SCHOLARSHIPS ARE AVAILABLE TO ACCEPTED STUDENTS IN THE BALLET PROGRAMS AT COLORADO BALLET ACADEMY. SCHOLARSHIP AWARDS ARE AT THE SOLE DISCRETION OF COLORADO BALLET AND ARE AWARDED FOR THE ENTIRE ACADEMY YEAR AS WELL AS SINGLE SESSIONS. SCHOLARSHIPS ARE GOOD TOWARDS TUITION AND MAY OR MAY NOT INCLUDE REGISTRATION FEES, BUT DO NOT INCLUDE PRODUCTION, COSTUME, OR AUDITION FEES. AWARDS ARE BASED ON THE OVERALL ACADEMY BUDGET FOR ANY YEAR AND CAN RANGE FROM PARTIAL OR FULL TUITION AWARDS. GRANTEES MUST COMPLETE AN APPLICATION, WHICH IS REVIEWED BY THE COLORADO BALLET ACADEMY. X X 0 0 0 0 0 0 0 0 0 GLENN BOGGS ARTISTIC DIRECTOR 313939 0 0 0 0 0 6409 0 22652 0 343000 0 0 0 SAMEED AFGHANI EXECUTIVE DIRECTOR 208998 0 0 0 0 0 0 0 2480 0 211478 0 0 0 KAREN SUMNER THRU DEC '24 CHIEF ADVANCEMENT OFFICER 173303 0 0 0 0 0 0 0 5682 0 178985 0 0 0 SANDRA BROWN FAMILY MEMBER OF AN OFFICER 89460 EMPLOYMENT 0 X 15745 SALES RECEIPTS X 7 68182 SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION IS MANAGED BY AN EXECUTIVE COMMITTEE COMPRISED OF THE CHAIRMAN, SECRETARY, TREASURER, COMMITTEE CHAIRS, AND SUCH OTHER TRUSTEES AS MAY BE APPOINTED BY THE CHAIRMAN. THE CHAIRMAN SHALL APPOINT THE OTHER MEMBERS OF THE EXECUTIVE COMMITTEE SUBJECT TO APPROVAL BY RESOLUTION ADOPTED BY THE BOARD OF TRUSTEES. EACH MEMBER OF THE EXECUTIVE COMMITTEE SHALL BE A TRUSTEE OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE, WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF TRUSTEES EXCEPT TO THE EXTENT, IF ANY, THAT SUCH AUTHORITY SHALL BE LIMITED BY THE RESOLUTION APPOINTING THE EXECUTIVE COMMITTEE AND EXCEPT ALSO THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO AMEND THE ARTICLES OF INCORPORATION, ADOPT A PLAN OF MERGER OR CONSOLIDATION, CONDUCT THE SALE, LEASE, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ORGANIZATION, CAUSE A VOLUNTARY DISSOLUTION OF THE ORGANIZATION OR A REVOCATION THEREOF, OR AMENDING BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE DIRECTOR OF ACCOUNTING AND THE EXECUTIVE DIRECTOR HAVE BOTH REVIEWED THE FORM 990, THE FINANCE COMMITTEE PERFORMS A DETAILED REVIEW. UPON COMPLETION OF THE FINANCE COMMITTEE'S REVIEW, THEY ARE ASKED TO PROVIDE ANY COMMENTS OR QUESTIONS IN TIME FOR FILING. IF NONE ARE RECEIVED, IT IS ASSUMED THAT THE COMMITTEE SUPPORTS THE FORM, AND IT IS TO BE FILED, AS PRESENTED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS/TRUSTEES, PRINCIPAL OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS. EACH DIRECTOR/TRUSTEE, PRINCIPAL OFFICER, AND MEMBER OF COMMITTEES WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. THE EXECUTIVE COMMITTEE SHALL REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY BY REVIEWING ANNUAL STATEMENTS AND TAKING SUCH OTHER ACTIONS AS ARE NECESSARY FOR EFFECTIVE OVERSIGHT. THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS REVIEWED BY THE BOARD OF TRUSTEES AND/OR EXECUTIVE COMMITTEE. IF CONFLICTS ARE DETERMINED, THE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE MEETING/DECISIONS AND WILL REFRAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE ARTISTIC DIRECTOR, EXECUTIVE DIRECTOR, AND CHIEF ADVANCEMENT OFFICER IS CONDUCTED ANNUALLY BY THE COLORADO BALLET BOARD OF TRUSTEES. COMPENSATION LEVELS ARE DETERMINED BASED ON REVIEW OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN SIMILARLY SITUATED ORGANIZATIONS AS WELL AS THE INDIVIDUAL'S PERFORMANCE. OTHER EMPLOYEES' COMPENSATION AMOUNTS ARE DETERMINED AT THE DISCRETION OF EITHER THE ARTISTIC DIRECTOR OR THE EXECUTIVE DIRECTOR, OR BOTH IN CONSULTATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PROMISES TO GIVE -17,588. 1075 SANTA FE DRIVE LLC 1075 SANTA FE DRIVE DENVER CO 80204 461871934 OWN AND OPERATE COLORADO BALLET FACILITY CO 0 5266572 COLORADO BALLET COLORADO BALLET FOUNDATION 1075 SANTA FE DRIVE DENVER CO 80204 880511457 SUPPORT COLORADO BALLET CO 501(C)(3) LINE 12A, I COLORADO BALLET 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 COLORADO BALLET FOUNDATION B 2305000 COST