2025-12-12T14:03:27-06:00 2024-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2023-07-01 474599656 THE CHILDREN'S BALLET INC CHIL 3172100347 51 S TENNESSEE ST DANVILLE IN 46122 HANNAH SCHOENING PRESIDENT 3172100347 2025-12-12 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2025-12-12 2023 2025-03-06 01:10:19Z HANNAH SCHOENING 51 S TENNESSEE ST DANVILLE IN 46122 203411 0 X THECHILDRENSBALLET.COM X 2015 IN TO PROVIDE HIGH-QUALITY DANCE INSTRUCTION WHILE INSTILLING IN STUDENTS SELF-DISCIPLINE, DEDICATION, POSITIVE SELF-ESTEEM, AND AN APPRECIATION FOR THE ART OF DANCE. 12 12 5 34 0 0 21328 10730 164154 192681 0 0 0 0 185482 203411 0 250 0 0 63491 64152 0 0 2328 118455 126438 181946 190840 3536 12571 111064 116583 123985 117790 -12921 -1207 X TO PROVIDE HIGH-QUALITY DANCE INSTRUCTION WHILE INSTILLING IN STUDENTS SELF-DISCIPLINE, DEDICATION, POSITIVE SELF-ESTEEM, AND AN APPRECIATION FOR THE ART OF DANCE. 0 0 120519 250 192681 AS A NONPROFIT SCHOOL, WE EMPHASIZE ACCESSIBLE DANCE EDUCATION, WELCOMING STUDENTS OF ALL AGES AND BACKGROUNDS. OUR STAFF IS COMMITTED TO EDUCATING, ENRICHING, AND INSPIRING EACH STUDENT'S UNIQUE GIFTS OF TALENT AND CREATIVITY IN A SAFE STUDIO ENVIRONMENT.ALL OUR STUDENTS, INCLUDING VERY YOUNG STUDENTS, RECEIVE A CLASSICAL BALLET EDUCATION, LEARNING ABOUT CLASSICAL MUSIC, COMPOSERS, FRENCH BALLET TERMINOLOGY, AND HOW DANCE CAN TELL A STORY WITHOUT WORDS. SOME OF OUR OLDER STUDENTS GRADUATE TO COLLEGE AND PROFESSIONAL DANCE PROGRAMS.EVERY STUDENT IS GIVEN AN OPPORTUNITY TO PERFORM BEFORE THEIR FAMILIES AND THEIR PEERS WITH PRIDE AND EXCITEMENT. EACH YEAR, THE SCHOOL PRODUCES ITS HALLMARK ORIGINAL FULL-LENGTH BALLETS, WRITTEN AND CHOREOGRAPHED ESPECIALLY FOR EACH SEASON'S DANCERS. 120519 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 1 0 IN X THE ORGANIZATION 3172100347 51 S TENNESSEE ST DANVILLE IN 46122 HANNAH SCHOENING BOARD PRESIDENT 20.00 X X 0 0 0 KELLI BOWMAN VICE PRESIDENT 20.00 X X 0 0 0 IAN HAYS TREASURER 20.00 X X 0 0 0 ABBY GRECI SECRETARY 20.00 X 0 0 0 JULIE WILMOT BOARD DIRECTOR 10.00 X 0 0 0 TIERNEY DININGER BOARD DIRECTOR 10.00 X 0 0 0 ANGIE MONTGOMERY BOARD DIRECTOR 10.00 X 0 0 0 CARRIE MILLER BOARD DIRECTOR 10.00 X 0 0 0 JULIA WILSON BOARD DIRECTOR 10.00 X 0 0 0 EMILY MISER ARTISTIC DIRECTOR 30.00 X 24865 0 0 VANESSA HAYS CREATIVE DIRECTOR 30.00 X 13352 0 0 38217 0 0 0 0 0 0 0 10730 10730 TUITION 711120 157960 157960 PERFORMANCES 711120 34721 34721 192681 203411 192681 0 0 250 250 40000 24000 16000 19210 11526 7684 4942 2965 1977 5813 5813 11926 10342 522 1062 6332 1900 3166 1266 11262 4439 6823 52002 41602 10400 340 136 204 7561 7561 3520 3520 3623 3623 PERFORMANCE EXPENSES 24059 23359 700 190840 120519 67993 2328 2789 3282 147332 44952 105900 102380 2375 10921 111064 116583 59497 53094 50000 50000 14488 14696 123985 117790 X -12921 -1207 -12921 -1207 111064 116583 12571 -857 0 X 0 0 0 X 26868 30927 11206 21238 10730 100969 105699 93064 108251 164154 192681 663849 132567 123991 119457 185392 203411 764818 0 0 0 764818 132567 123991 119457 185392 203411 764818 1.00000 1.00000 0.00000 X 19384 19384 85038 7673 77365 42910 37279 5631 102380 DUE FROM ANNE 7700 ESCROW BALANCE MORTGAGE 846 SECURITY DEPOSIT 2375 10921 FFB LINE OF CREDIT 14696 14696 FORM 990, PART VI, SECTION A, LINE 2 THE CREATIVE DIRECTOR IS MARRIED TO THE TREASURER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION'S CONFLICT-OF-INTEREST POLICY COVERS ALL DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF COMMITTEES WITH GOVERNING-BOARDDELEGATED POWERS, WHO MUST ANNUALLY AFFIRM THE POLICY AND DISCLOSE ANY DIRECT OR INDIRECT FINANCIAL INTERESTS. THE GOVERNING BOARD (OR A DISINTERESTED BOARD COMMITTEE) DETERMINES WHETHER A CONFLICT EXISTS AND ALSO REVIEWS ANY ACTUAL CONFLICTS, EXERCISING DUE DILIGENCE TO CONSIDER ALTERNATIVES AND APPROVE ONLY IF A TRANSACTION IS IN THE CORPORATION'S BEST INTEREST, FOR ITS BENEFIT, AND FAIR AND REASONABLE; ALL DISCLOSURES, DELIBERATIONS, AND VOTES ARE DOCUMENTED IN THE MINUTES. MONITORING AND ENFORCEMENT INCLUDE ANNUAL DISCLOSURE STATEMENTS, PERIODIC REVIEWS (E.G., OF COMPENSATION AND THIRD-PARTY ARRANGEMENTS), AND CORRECTIVE OR DISCIPLINARY ACTION FOR VIOLATIONS. INDIVIDUALS WITH A CONFLICT MAY PRESENT FACTS BUT MUST NOT PARTICIPATE IN DELIBERATIONS OR VOTING ON THE MATTER; IN ADDITION, ANY VOTING MEMBER WHO RECEIVES COMPENSATION FROM THE CORPORATION IS PRECLUDED FROM VOTING ON THEIR OWN COMPENSATION. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL PERFORMANCE REVIEW FOLLOWED BY BOARD DELIBERATION ON THE COMPENSATION ADJUSTMENTS TO MAKE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. THE CHILDREN'S BALLET, INC. (EIN 47-4599656), RESPECTFULLY REQUESTS ABATEMENT OF PENALTIES FOR THE LATE FILING OF ITS FORM 990 FOR THE YEAR ENDED JUNE 30, 2024. IN MARCH 2024, THE EXECUTIVE DIRECTOR RESIGNED, LEAVING BEHIND INCOMPLETE AND INACCURATE BOOKS AND RECORDS. THE VOLUNTEER TREASURER AND BOARD ATTEMPTED TO RECONSTRUCT THE FINANCIALS, BUT NECESSARY INFORMATION WAS DIFFICULT TO OBTAIN. THE ORGANIZATION THEN ENGAGED A CPA FIRM TO CORRECT THE RECORDS AND PREPARE AN ACCURATE FORM 990. DURING THIS PROCESS, THE TREASURER ALSO LEFT, AND A NEW PRESIDENT ASSUMED RESPONSIBILITY FOR GATHERING INFORMATION, CATCHING UP THE BOOKS, AND COMPLETING A FULL FORM 990 (RATHER THAN THE FORM 990-EZ FILED IN PRIOR YEARS). THE LATE FILING RESULTED FROM THESE UNEXPECTED PERSONNEL CHANGES AND THE NEED TO CORRECT MATERIALLY INACCURATE RECORDS, NOT FROM WILLFUL NEGLECT. THE ORGANIZATION HAS A HISTORY OF TIMELY FILED FORMS 990-EZ AND TAKES ITS COMPLIANCE OBLIGATIONS SERIOUSLY. TO PREVENT RECURRENCE, THE ORGANIZATION HAS NOW ENGAGED THE CPA FIRM ON AN ONGOING BASIS TO MAINTAIN ACCURATE RECORDS AND ENSURE TIMELY FUTURE FILINGS. FOR THESE REASONS, WE RESPECTFULLY REQUEST ABATEMENT OF ALL PENALTIES RELATED TO THE LATE FORM 990 FILING FOR THE YEAR ENDED JUNE 30, 2024.