2024-03-27T09:02:42-00:00 2023-07-31 043383155 RHR Smith & Company 3 Old Orchard Rd Buxton ME 04093 990 2022-08-01 010372997 Portland School of Ballet PORT 2077729671 517 Forest Avenue APT Suite 2 Portland ME 04101 Tatyana Nossova Treasurer 2077729671 2024-03-27 true Tatyana Nossova 999009999 true Ronald Smith P01481996 2079294606 2024-03-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Tatyana Nossova 517 Forest Avenue Suite 2 Portland ME 04101 579343 false X www.portlandballet.org X 1980 ME It is Portland Ballets mission to enrich our community through dance, education, and performance. 9 8 5 40 0 198130 113935 348047 457321 0 1291 8087 547468 579343 0 0 290691 328824 0 7451 173417 230568 464108 559392 83360 19951 186689 175364 31583 307 155106 175057 Portland Ballet is dedicated to bringing dance to people of all ages and skill levels, while maintaining its focus on training young men and women for professional careers. Its Maines professional ballent company and leading classical training in the state. false false 268505 204720 Portland Ballet offers programs for all ages in the following groups Young, Syllabus, Corps and Adult. Its Young Dancer program is designed for dancers ages 3-7 promoting movement to music and developing dancers for the next stage. Its Syllabus is designed for dancers starting at age 7 and progresses through their teen years establishing a strong foundation in correct posture, classical placement, musicality, ballet technique, vocabulary and artistic expression. Its CORPS program is a pre-professional curriculum for high school and post-graduate students. Its three hours of intensive study in ballet, dance history, nutrition and stagecraft. Its Adult drop-in classes range from beginner to advance instruction. 179496 252601 Portland Ballets production company presents four productions per season including fan favorites like Jack the Ripper and A Victorian Nutcracker. PSBs annual production also showcases the schools dancers and their talents. 448001 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 19 0 true 5 true false false false false false false false false false false false false X 9 8 false false false false false false false true true false false true true true true true false true false false X X Clare Crane 2077729671 517 Forest Avenue Suite 2 Portland ME 04101 Nell Shipman Executive Director 040.00 X 51432 0 0 Ellen Weaver President 002.00 X X 0 0 0 Tatyana Nossova Treasurer 002.00 X X 0 0 0 Alison Bromski Vice President 002.00 X X 0 0 0 Ryan D'Wolff Munro Director 002.00 X 0 0 0 Diana Grandoni Director 002.00 X 0 0 0 Risa Oganesoff Heersche Director 002.00 X 0 0 0 Kelly Johnson Secretary 002.00 X X 0 0 0 Fairfield Bonsall Director 002.00 X 0 0 0 Warren Graver Director 002.00 X 0 0 0 Carly Kasle Director 002.00 X 0 0 0 Samantha Marinko Director 002.00 X 0 0 0 Meghan Reedy Director 002.00 X 0 0 0 51432 false false false 113935 113935 Tuition 711190 204720 204720 Performance Ticket Sales 711190 252601 252601 457321 775 775 775 775 2093 2093 5219 5219 5219 579343 463315 0 0 0 0 0 0 314534 314534 0 0 14290 14290 0 35 35 10727 10727 0 0 5800 5800 3448 3448 19515 2604 9460 7451 1650 1650 0 68723 68723 0 0 0 2765 2765 0 6332 6332 0 Performance Expense 110773 110773 EQUIPMENT 260 260 540 540 559392 448001 103940 7451 123839 118846 184826 128308 62850 56518 186689 175364 1838 307 29745 31583 307 X 154276 174227 830 830 155106 175057 186689 175364 19951 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 95670 54275 41395 89156 74033 15123 56518 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 579343 579343 579343 559392 559392 559392 X 2 The Ballet is exempt from federal income taxes under Section 501c3 of the Internal Revenue Code and applicable state law. The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Ballet may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Ballet and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50 likelihood of being realized upon ultimate settlement. Management believes that there were no potential sources of unrelated business taxable income subject to tax for the years ended July 31, 2023. Accordingly, no provision for income taxes has been made. The Ballet files its forms 990 in the U.S. federal jurisdiction and the office of the states attorney general for the State of Maine. The Ballet is generally no longer subject to examination by the Internal Revenue Service for years before 2020. true true true false true true true false false false false false false false false false false true Form 990, Part VI, Section B, Line 12c Each member submits a signed disclosure annually and any transaction that may present a conflict must be brought to the full Board for approval where the interested Board member shall abstain from participation in the approval. Form 990, Part VI, Section B, Line 11b The Board Treasurer and Finance Committee review the 990 before it is filed and the draft is made available to Board members for review and comment. Form 990, Part VI, Section B, Line 15a The compensation for the Executive Director is reviewed and approved by the Board annually. Form 990, Part VI, Section C, Line 19 Public records are available upon request and the 990 is found on the Guidestar website