2024-11-12T16:16:51-06:00 2024-05-31 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2023-06-01 616033779 KENTUCKY DANCE COUNCIL INC DBA LOUISVILLE BALLET KENT 5025833150 315 EAST MAIN STREET LOUISVILLE KY 40202 LESLIE SMART CEO 5025833150 2024-10-31 1 1 TRAVIS C FRICK P01728213 5025830248 2023 2024-10-15 13:58:12Z LESLIE SMART 315 EAST MAIN STREET LOUISVILLE KY 40202 6491315 0 X WWW.LOUISVILLEBALLET.ORG X 1950 KY LOUISVILLE BALLET MAKES MOVING ART THAT RESPECTS TRADITION, ENCOURAGES INNOVATION, AND FOSTERS LIFE-LONG LEARNING. WE INSPIRE CONNECTION, CONVERSATION AND A PROFOUND SENSE OF COMMUNITY, BY STRIVING FOR BOLD COLLABORATIONS, BY NURTURING THE NEXT GENERATION OF ARTISTS, BY CELEBRATING DIVERSITY, AND BY CREATING ACCESS FOR ALL. 27 27 96 161 0 0 3024966 3016802 1916181 3320623 3082 3517 121770 150373 5065999 6491315 0 676937 0 0 2468752 2618192 0 0 355992 2693341 2613515 5162093 5908644 -96094 582671 4228728 4613368 4715106 4478621 -486378 134747 X LOUISVILLE BALLET MAKES MOVING ART THAT RESPECTS TRADITION, ENCOURAGES INNOVATION, AND FOSTERS LIFE-LONG LEARNING. WE INSPIRE CONNECTION, CONVERSATION AND A PROFOUND SENSE OF COMMUNITY, BY STRIVING FOR BOLD COLLABORATIONS, BY NURTURING THE NEXT GENERATION OF ARTISTS, BY CELEBRATING DIVERSITY, AND BY CREATING ACCESS FOR ALL. 0 0 2944270 1561695 THE LOUISVILLE BALLET PERFORMED SIX PRODUCTIONS SERVING OVER 43,700 AUDIENCE MEMBERS AND A COMBINED 59,597 INDIVIDUALS WHEN ADDING THE COMPANY'S COMMUNITY ENGAGEMENT AND SCHOOL PROGRAMS. 2011075 676937 1881705 THE LOUISVILLE BALLET SCHOOL OFFERS A VARIETY OF CLASSES DESIGNED FOR STUDENTS OF ALL AGES AND DISCIPLINES. IN STRIVING FOR THE DEVELOPMENT OF EACH INDIVIDUAL'S FULL POTENTIAL, THE LOUISVILLE BALLET SCHOOL COMMUNITY SUPPORTS AN APPRECIATION FOR TRADITION AND A SENSE OF SHARED EXPERIENCE THAT PREPARES STUDENTS FOR FUTURES AS ARTISTS, ENGAGED CITIZENS, AUDIENCE MEMBERS, AND RESPONSIBLE YOUNG MEN AND WOMEN. LOUISVILLE BALLET COMMUNITY ENGAGEMENT PROGRAMS SERVE OVER 18,000 PEOPLE EACH YEAR THROUGH DANCE EDUCATION EXPERIENCES ACROSS KENTUCKY. PROGRAMMING INCLUDES IN-SCHOOL RESIDENCES, PERFORMANCE ASSEMBLIES, AFTER SCHOOL PROGRAMS, COMMUNITY WORKSHOPS, STUDENT MATINEES, AUDIENCE ENGAGEMENT INITIATIVES AND SPECIALIZED PARTNERSHIPS WITH LIBRARIES, HOSPITALS AND SOCIAL SERVICE AGENCIES. 4955345 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 88 0 1 96 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 KY X ACCOUNTING OFFICE 5025833150 315 EAST MAIN STREET LOUISVILLE KY 40202 ALAN KAMEI BOARD MEMBER 2.00 X 0 0 0 ALLISON O'GRADY BOARD MEMBER 2.00 X 0 0 0 BILL STRENCH BOARD MEMBER 2.00 X 0 0 0 BUCK WISEMAN BOARD MEMBER 2.00 X 0 0 0 CARL THOMAS BOARD MEMBER 2.00 X 0 0 0 CAROLLE JONES CLAY BOARD MEMBER 2.00 X 0 0 0 CHRIS HARTMAN BOARD MEMBER 2.00 X 0 0 0 DONALD G WENZEL JR BOARD MEMBER 0.00 X 0 0 0 DONALD WHITFIELD BOARD MEMBER 2.00 X 0 0 0 ELLEN SHAPIRA BOARD MEMBER 2.00 X 0 0 0 EMMA C HUTCHENS BOARD MEMBER 2.00 X 0 0 0 ERICA BACHELOR BOARD MEMBER 2.00 X 0 0 0 JAMES R VOYLES BOARD MEMBER 0.00 X 0 0 0 JANET DENUYL BOARD MEMBER 2.00 X 0 0 0 JIM HAYNES TREASURER 10.00 X X 0 0 0 JODY HOWARD BOARD MEMBER 2.00 X 0 0 0 JOHN STOUGH BOARD MEMBER 2.00 X 0 0 0 K SHAVER BOARD MEMBER 2.00 X 0 0 0 KIMBERLY BOLAND MD BOARD MEMBER 2.00 X 0 0 0 LEE DORSEY BOARD MEMBER 2.00 X 0 0 0 LISA BIDDLE-PUFFER BOARD MEMBER 2.00 X 0 0 0 MARTHA WERTZ BOARD MEMBER 2.00 X 0 0 0 MATT HAMEL SECRETARY 10.00 X X 0 0 0 MICHELLE BLACK WHITE BOARD MEMBER 0.00 X 0 0 0 PAMELA THOMPSON VICE PRESIDENT 10.00 X X 0 0 0 RALPH DE CHABERT PRESIDENT 10.00 X X 0 0 0 ROY MATTINGLY JR BOARD MEMBER 2.00 X 0 0 0 SHARON POTTER BOARD MEMBER 2.00 X 0 0 0 SHERRY FELDPAUSCH BOARD MEMBER 2.00 X 0 0 0 STEVE POE BOARD MEMBER 2.00 X 0 0 0 TANYA BOWMAN BOARD MEMBER 2.00 X 0 0 0 TIFFANY BRIDGEWATER BOARD MEMBER 2.00 X 0 0 0 TONI CLEM BOARD MEMBER 2.00 X 0 0 0 HAROLD U KERN ARTISTIC DIRECTOR 40.00 X 55017 0 5399 LESLIE SMART CEO 40.00 X 91941 0 0 MIKELLE FILLEBROWN ARTISTIC DIRECTOR 40.00 X 44089 0 15657 JOHN P KOESTER FORMER EXECUTIVE DIRECTOR 40.00 X 106315 0 0 ROBERT CURRAN FORMER ARTISTIC DIRECTOR 40.00 X 147352 0 0 444714 0 21056 2 1 0 0 0 164258 2852544 275299 3016802 SCHOOL TUITION 611610 1683124 1683124 TICKET SALES 711120 1438918 1438918 COMMUNITY ENGAGEMENT 711120 198581 198581 3320623 3517 3517 27596 0 27596 27596 27596 MISCELLANEOUS REVENUE 711120 122777 122777 122777 6491315 3443400 0 31113 676937 676937 191046 171941 19105 2090007 1654438 323658 111911 84609 52457 25383 6769 252530 156569 75759 20202 374799 342185 22056 10558 267458 199538 67920 15466 13390 1441 635 203053 193503 6013 3537 96058 69162 16330 10566 71670 59055 7659 4956 50504 36363 8586 5555 THEATER STAGE EXPENSE 529915 529915 SCHOOL 324239 324239 COSTUMES/SCENERY/ROYALT 265235 265235 REPAIRS AND MAINTENANCE 102859 30181 68984 3694 312259 180237 41438 90584 5908644 4955345 597307 355992 822977 1129830 280740 500377 15000 16483 59019 3426395 1946558 1519684 1479837 176383 207269 1397461 1237036 4228728 4613368 708574 255991 709752 1176897 1636041 1799096 1660739 1246637 4715106 4478621 X -1004351 -235654 517973 370401 -486378 134747 4228728 4613368 582671 38454 0 X X 0 1 X 1 0 X 2504627 2397346 2946617 3017554 2741503 13607647 2504627 2397346 2946617 3017554 2741503 13607647 1670800 11936847 126691 10228 19810 30834 31113 218676 120458 120458 3935 35357 39292 13986073 0.85350 0.84380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1266 -38453 -37187 0 0 366824 366824 1191604 262299 929305 73660 19029 54631 1794307 1665230 129077 1479837 OPERATING LEASE RIGHT-OF-USE ASSET 1237036 1237036 OPERATING LEASE LIABILITY 1246637 1246637 X 6529769 38454 38454 6491315 0 6491315 5908644 0 5908644 0 5908644 PART X, LINE 2: THE BALLETS ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE BALLET HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. 0 SCHOLARSHIPS 676937 X 0 0 0 0 0 0 0 0 0 ROBERT CURRAN FORMER ARTISTIC DIRECTOR 147352 0 0 0 0 0 0 0 0 0 147352 0 0 0 JOHN P KOESTER FORMER EXECUTIVE DIRECTOR 106315 0 0 0 0 0 0 0 0 0 106315 0 0 0 ROBERT CURRAN STAFF X 20000 0 1 1 X IN-KIND DONATIONS 13 275299 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C IN THE CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTES WITH BOARD DELEGATED POWERS SHALL CONTAIN: THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. A VOTING MEMBER OF THE GOVERNING BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATIONH FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. NO VOTING MEMBER OF THE GOVERNING BOARD OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORORATION, EITHER INDIVIDUALLY OR COLLECTIVELY, IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT COMPANIES CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. WHEN CONDUCTING THE PERIODIC REVIEWS, THE CORPORATION MAY, BUT NEED NOT,USE OUTSIDE ADVISORS. IF OUTSIDE EXPERTS ARE USED, THEIR USE SHALL NOT RELIEVE THE GOVERNING BOARD OF ITS RESPONSIBILTIY FOR ENSURING PERIODIC REVIEWS ARE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR AND ARTISTIC DIRECTOR'S SALARIES ARE REVIEWED ANNUALLY BY THE BOARD'S EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC 990 PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR