2022-05-12T20:46:29-05:00 2021-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2020-07-01 941415298 SAN FRANCISCO BALLET ASSOCIATION SANF 4158615600 455 FRANKLIN STREET SAN FRANCISCO CA 94102 ROBERT H FORE III CHIEF FINANCIAL OFFICER 4158615600 2022-05-12 1 ROBERT FORE III 999009999 DANIEL ROMANO P00504182 2125990100 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z DANIELLE M GORDON 455 FRANKLIN STREET SAN FRANCISCO CA 94102 34639168 0 X WWW.SFBALLET.ORG X 1933 CA SF BALLET'S MISSION IS TO SHARE OUR JOY OF DANCE WITH THE WIDEST POSSIBLE AUDIENCE. (SEE SCH. O) SF BALLET AIMS TO REACH AUDIENCES BOTH LOCALLY AND AROUND THE WORLD, AND TO PROVIDE THE HIGHEST CALIBER OF DANCE TRAINING IN OUR SCHOOL. WE SEEK TO ENHANCE OUR POSITION AS ONE OF THE WORLD'S FINEST DANCE COMPANIES THROUGH OUR VITALITY, INNOVATION AND DIVERSITY, AND THROUGH OUR UNCOMPROMISING COMMITMENT TO ARTISTIC EXCELLENCE BASED IN THE CLASSICAL BALLET TRADITION. 54 53 730 116 3476 10700 24632543 22551597 17787965 4909025 173194 20170 -258545 5296206 42335157 32776998 1581182 1058181 0 0 36535065 27390763 0 0 2233486 13043431 10851457 51159678 39300401 -8824521 -6523403 42362954 40889067 67864700 70772929 -25501746 -29883862 X SEE SCHEDULE O 0 0 25878215 0 1756412 UNDER THE DIRECTION OF HELGI TOMASSON FOR THREE DECADES, THE ASSOCIATION HAS ACHIEVED AN INTERNATIONAL REPUTATION AS ONE OF THE PREEMINENT BALLET COMPANIES IN THE WORLD. DURING THE FISCAL YEAR, AND AS A RESULT OF THE CLOSURE OF THE WAR MEMORIAL OPERA HOUSE DUE TO THE PRECAUTIONS AROUND THE CORONAVIRUS CRISIS, THE ASSOCIATION PRESENTED A FULLY DIGITAL SEASON TO AUDIENCES BOTH LOCALLY AND GLOBALLY. NUTCRACKER WAS OFFERED THROUGH A FULL-PRODUCTION FILM AND INTERACTIVE DIGITAL FAMILY EXPERIENCE. THE DIGITAL SEASON INCLUDED SEVEN PROGRAMS MADE UP OF WORLD PREMIERES OF THREE NEW WORKS, FILM CAPTURES OF A MIDSUMMER NIGHT'S DREAM AND SWAN LAKE AND OTHER PERFORMANCES REPRESENTING CLASSICAL, NEOCLASSICAL AND CONTEMPORARY BALLET WORKS. 4122295 609599 3099687 THE ASSOCIATION OPERATES THE SAN FRANCISCO BALLET SCHOOL AND A STUDENT RESIDENCE FOR 52 INTERMEDIATE AND ADVANCED STUDENTS FROM ACROSS THE US AND AROUND THE WORLD. THE BALLET SCHOOL CURRICULUM IS DESIGNED AND TAUGHT BY AN EMINENT FACULTY, EMPHASIZING A STRONG CLASSICAL TECHNIQUE AND A FLOW OF MOVEMENT THAT SUGGESTS A SENSE OF ENERGY, FREEDOM, AND JOY - REFLECTING THE KIND OF DANCING FAVORED BY THE BALLET. GIRLS AND BOYS AGED 8 TO 18 FOLLOW A STRUCTURED SEQUENCE OF TRAINING STAGES DESIGNED TO INCREASE THEIR TECHNICAL SKILLS, STAMINA, AND DISCIPLINE IN ACCORDANCE WITH THEIR AGE AND PHYSICAL DEVELOPMENT. THE PROGRAM INCLUDES CLASSES IN TECHNIQUE, POINTE WORK, PAS DE DEUX, MEN'S TECHNIQUE, CONDITIONING, CONTEMPORARY DANCE, DANCE HISTORY, AND MUSIC. (SEE SCH. O)SEMINARS ON NUTRITION AND RELATED ISSUES ARE OFFERED THROUGHOUT THE SCHOOL YEAR. THE STUDENT RESIDENCE IS LOCATED AT THE BOWES CENTER FOR THE PERFORMING ARTS, A MULTIPURPOSE FACILITY OWNED BY THE SAN FRANCISCO CONSERVATORY OF MUSIC (SFCM). RESIDENTIAL STUDENTS TAKE PART IN ADDITIONAL EDUCATIONAL OFFERINGS THROUGH SFCM AS WELL AS PROGRAMMING BY BALLET STAFF. THE BALLET SCHOOL PROVIDES A LIMITED NUMBER OF TUITION AND HOUSING SCHOLARSHIPS TO INTERMEDIATE AND ADVANCED LEVEL STUDENTS BASED ON THEIR FINANCIAL NEED OR POTENTIAL TO ACHIEVE A PROFESSIONAL CAREER IN BALLET. NEARLY SEVENTY PERCENT OF THE DANCERS IN THE BALLET'S PROFESSIONAL COMPANY TRAINED IN THE SCHOOL. STUDENTS HAVE ALSO GONE ON TO DANCE WITH SUCH COMPANIES AS ENGLISH NATIONAL BALLET, DUTCH NATIONAL BALLET, ROYAL NEW ZEALAND BALLET, ROYAL WINNIPEG BALLET, VIENNA OPERA BALLET, HAMBURG BALLET, NEW YORK CITY BALLET, AMERICAN BALLET THEATRE, JOFFREY BALLET, HOUSTON BALLET, PACIFIC NORTHWEST BALLET, BOSTON BALLET, OREGON BALLET THEATRE, WASHINGTON BALLET, MIAMI CITY BALLET, PITTSBURGH BALLET THEATER, PENNSYLVANIA BALLET, AND ATLANTA BALLET, AMONG OTHERS. THE BALLET SCHOOL ALSO OPERATES SUMMER SESSIONS IN SAN FRANCISCO FOR PROFESSIONAL BALLET CAREER-BOUND STUDENTS FROM THE U.S. AND ABROAD. SF BALLET SCHOOL OFFERS SCHOLARSHIPS TO TALENTED YOUNGSTERS RECRUITED FROM SF PUBLIC SCHOOLS THROUGH THE COMMUNITY SCHOLARSHIP PROGRAM. ADDITIONAL PROGRAMMING INCLUDES PRE-BALLET CLASSES FOR CHILDREN AGES 4-7, ADULT OPEN BALLET CLASSES, MASTER CLASSES, AND SPECIALLY- DESIGNED DANCE CLASSES FOR SENIORS AND ADULTS WITH PARKINSON'S DISEASE. 700141 369952 52926 THE ASSOCIATION PROVIDES DANCE EDUCATION PROGRAMS IN K-12 SCHOOLS AND THE COMMUNITY AT LARGE, SOMETIMES IN COORDINATION WITH OTHER COMMUNITY-BASED ORGANIZATIONS, AND THEY ARE GEARED TO CHILDREN, YOUTH, FAMILIES, AND ADULTS. THE DANCE IN SCHOOLS AND COMMUNITIES (DISC) PROGRAM IS THE LARGEST OFFERING TARGETING YOUTH, AND IT PROVIDES FREE INTERACTIVE DANCE EDUCATION TO APPROXIMATELY 3,000 STUDENTS IN 40 SAN FRANCISCO UNIFIED SCHOOL DISTRICT (SFUSD) EARLY-EDUCATION AND ELEMENTARY SCHOOLS THROUGH A 9-WEEK RESIDENCY EACH YEAR. (SEE SCH. O)ADDITIONAL PROGRAMS INCLUDE PROFESSIONAL DEVELOPMENT FOR CLASSROOM TEACHERS, WORKSHOPS FOR THE SPECIAL NEEDS COMMUNITY AND FAMILIES, AFTER-SCHOOL DANCE CLASSES, A SUMMER DANCE CAMP, ADULT EDUCATION PROGRAMS FOR LEARNERS AT ALL LEVELS, AND STUDENT MATINEES GEARED TO SCHOOL GROUPS WHO WISH TO SEE A LIVE PERFORMANCE OF SAN FRANCISCO BALLET. IN 2021, EDUCATION PROGRAMS MOVED TO A VARIETY OF DIGITAL PLATFORMS DUE TO COVID-19 SHELTER-IN-PLACE MANDADES. SF BALLET PARTNERED WITH SFUSD AND KTVU PLUS, A LOCAL TV STATION, TO CREATE "SF LOVES LEARNING," AN EDUCATIONAL TELEVISION PROGRAM DESIGNED SPECIFICALLY FOR PRE-K THORUGH 2ND GRADE STUDENTS AND THEIR FAMILIES. THE TELEVISION PROGRAM AIRED WEEKDAYS FROM SEPTEMBER 2020-JUNE 2021 WITH MUSIC AND DANCE SEGMENTS FEATURING SF BALLET'S TEACHING ARTISTS. ESTIMATED 30,000 COMMUNITY MEMBERS ARE ENGAGED IN THE ASSOCIATION'S EDUCATION PROGRAMS ANNUALLY. 78657 78630 THE ARTISTS RESERVE FUND IS ESTABLISHED BY A COLLECTIVE BARGAINING AGREEMENT BETWEEN THE BALLET AND THE AMERICAN GUILD OF MUSICAL ARTISTS (AGMA), THE DANCERS AND STAGE MANAGERS UNION. EACH YEAR, A COMMITTEE OF BALLET REPRESENTATIVES, ARTISTS, AND A UNION REPRESENTATIVE MEET TO GRANT MONEY FROM THE ARTISTS' RESERVE FUND TO ELIGIBLE ARTISTS TO ASSIST WITH FUNDING FOR THEIR CAREER TRANSITION ACTIVITIES. 78657 78630 30779308 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 108 0 1 730 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 54 53 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X ROBERT H FORE III 4158615600 455 FRANKLIN STREET SAN FRANCISCO CA 94102 X HELGI TOMASSON ARTISTIC DIR & PRIN. CHOREOGRAPHER 50.00 0.00 X 618566 0 -19695 SONIA H EVERS CO-CHAIR OF THE BOARD 10.00 0.00 X X 0 0 0 ROBERT G SHAW CO-CHAIR OF THE BOARD 10.00 0.00 X X 0 0 0 CARL F PASCARELLA PRESIDENT & IMMEDIATE PAST CHAIR 10.00 0.00 X X 0 0 0 JAMES H HERBERT II VICE CHAIR 5.00 0.00 X X 0 0 0 LUCY JEWETT VICE CHAIR 5.00 0.00 X X 0 0 0 DIANE B WILSEY VICE CHAIR 5.00 0.00 X X 0 0 0 NANCY KUKACKA TREASURER 5.00 5.00 X X 0 0 0 JENNIFER J MCCALL SECRETARY 5.00 0.00 X X 0 0 0 SUSAN S BRIGGS ASSISTANT SECRETARY 5.00 2.00 X X 0 0 0 JOLA ANDERSON TRUSTEE 2.00 0.00 X 0 0 0 KRISTEN A AVANSINO TRUSTEE 2.00 0.00 X 0 0 0 RICHARD C BARKER TRUSTEE 2.00 2.00 X 0 0 0 KAREN S BERGMAN TRUSTEE 2.00 0.00 X 0 0 0 LYDIA BERGMAN TRUSTEE 2.00 0.00 X 0 0 0 GARY BRIDGE TRUSTEE 2.00 0.00 X 0 0 0 CHRISTINE LEONG CONNORS TRUSTEE 2.00 0.00 X 0 0 0 DAVID C COX TRUSTEE 2.00 0.00 X 0 0 0 LISA DANIELS TRUSTEE 2.00 0.00 X 0 0 0 SUSAN P DIEKMAN TRUSTEE 2.00 0.00 X 0 0 0 SHELBY M GANS TRUSTEE 2.00 0.00 X 0 0 0 DR RICHARD GIBBS TRUSTEE 2.00 0.00 X 0 0 0 BETH GROSSMAN TRUSTEE 2.00 0.00 X 0 0 0 MONICA L GROSSMAN TRUSTEE (AS OF 05/21) 2.00 0.00 X 0 0 0 THOMAS E HORN TRUSTEE 2.00 2.00 X 0 0 0 HIRO IWANAGA TRUSTEE 2.00 0.00 X 0 0 0 DR THOMAS M JACKSON TRUSTEE 2.00 0.00 X 0 0 0 JAYSON JOHNSON TRUSTEE (AS OF 05/21) 2.00 0.00 X 0 0 0 JAMES C KATZMAN TRUSTEE 2.00 0.00 X 0 0 0 YASUNOBU KYOGOKU TRUSTEE 2.00 0.00 X 0 0 0 KELSEY LAMOND TRUSTEE 2.00 0.00 X 0 0 0 ROBERTO LEE-RUIZ TRUSTEE (AS OF 05/21) 2.00 0.00 X 0 0 0 BRENDA LEFF TRUSTEE 2.00 0.00 X 0 0 0 MARIE O'GARA LIPMAN TRUSTEE 2.00 0.00 X 0 0 0 ALISON MAUZE TRUSTEE 2.00 0.00 X 0 0 0 MARISSA MAYER TRUSTEE 2.00 0.00 X 0 0 0 JEFF MINICK TRUSTEE 2.00 0.00 X 0 0 0 JOHN S OSTERWEIS TRUSTEE 10.00 2.00 X 0 0 0 JOHN T PALMER TRUSTEE 2.00 0.00 X 0 0 0 YURIE PASCARELLA TRUSTEE (AS OF 05/21) 2.00 0.00 X 0 0 0 FRITZ QUATTLEBAUM TRUSTEE 2.00 0.00 X 0 0 0 CHRISTINE RUSSELL TRUSTEE 2.00 0.00 X 0 0 0 RANDEE SEIGER TRUSTEE 2.00 0.00 X 0 0 0 CHRISTINE E SHERRY TRUSTEE 2.00 0.00 X 0 0 0 CHARLOTTE MAILLIARD SHULTZ TRUSTEE 2.00 0.00 X 0 0 0 CATHERINE SLAVONIA TRUSTEE 2.00 0.00 X 0 0 0 DAVID HOOKER SPENCER TRUSTEE 2.00 0.00 X 0 0 0 FRAN A STREETS TRUSTEE 2.00 0.00 X 0 0 0 JUDY C SWANSON TRUSTEE 2.00 0.00 X 0 0 0 RICHARD J THALHEIMER TRUSTEE 2.00 0.00 X 0 0 0 JENNIFER WALSKE TRUSTEE 2.00 0.00 X 0 0 0 TIMOTHY C WU TRUSTEE 2.00 0.00 X 0 0 0 ZHENYA YODER TRUSTEE 2.00 0.00 X 0 0 0 JANICE HANSEN ZAKIN TRUSTEE 5.00 0.00 X 0 0 0 KELLY TWEEDDALE EXECUTIVE DIRECTOR (THRU 06/21) 50.00 0.00 X 363292 0 14779 DANIELLE M GORDON CHIEF DEV. OFF/EXEC. DIR (AS OF 6/21) 28.00 22.00 X 304576 0 15605 ROBERT H FORE III CHIEF FINANCIAL OFFICER 40.00 10.00 X 76072 19018 17176 MARTIN WEST MUSIC DIRECTOR & PRIN. CONDUCTOR 50.00 0.00 X 213981 0 27439 JULIE BUTT DIR MARKETING & COMM (THRU 02/21) 50.00 0.00 X 209944 0 27302 DEBRA ANN BERNARD GENERAL MANAGER 50.00 0.00 X 177649 0 13543 ANDREA YANNONE DIR EDUCATION & TRNG (THRU 12/20) 50.00 0.00 X 162037 0 12393 CORDULA MERKS ORCHESTRA MUSICIAN 35.00 0.00 X 197951 0 46468 MURRAY BOGNOVITZ DIRECTOR OF INFORMATION TECHNOLOGY 40.00 0.00 X 189851 0 8163 KRISTIN M KLINGVALL CONTROLLER 40.00 0.00 X 164005 0 13025 PATRICK ARMAND DIR OF SAN FRANCISCO BALLET SCH. 40.00 0.00 X 162807 0 12943 CHRISTOPHER L DENNIS PRODUCTION DIRECTOR 40.00 0.00 X 147359 0 13294 2988090 19018 202435 43 0 1 0 BEVILACQUA & SONS INC 451 VICTORY AVE SUITE 5 SOUTH SAN FRANCISCO CA 94080 CONSTRUCTION PROJECT 374205 GRANT THORNTON PO BOX 51552 LOS ANGELES CA 90051 TAX AND AUDIT SERVICES 189092 CLEAN-A-RAMA MAINTENANCE SERVICES LLC 526 COLUMBUS AVE SAN FRANCISCO CA 94133 CLEANING SERVICES 155680 ALMADEN PRESS INC 2549 SCOTT BLVD SANTA CLARA CA 95050 PRINTED MATERIAL SERVICES 136290 MOGO MARKETING AND MEDIA INC 900 LARKSPUR LANDING CIR LARKSPUR CA 94939 ADVERTISING AND MARKETING 122994 6 X 83532 15594701 1494020 4954344 425000 1505729 22551597 SCHOOL AND STUDENT HOUSING 900099 3099687 3099687 PERFORMANCE AND TOURING 711120 1756412 1756412 OUTREACH 900099 52926 52926 4909025 27164 27164 4570 4570 108794 15064 93730 93730 12950 80780 1456242 1463236 -6994 -6994 -6994 121549 1494020 256264 -134715 -134715 66308 127606 -61298 -9474 -51824 EMPLOYEE RETENTION TAX CREDIT 900099 4218964 4218964 FACILITY FEE 900099 1173933 1173933 1022 1022 5393919 32776998 4909025 3476 5312900 1058181 1058181 2139944 1442204 525802 171938 94000 94000 19273583 15808857 2088192 1376534 1473155 1438332 20700 14123 2748854 2429755 190902 128197 1661227 1378867 164536 117824 223412 118722 104690 112689 112689 7281 7281 1224174 363451 853747 6976 448245 420041 27550 654 748461 481309 114012 153140 494579 18332 471635 4612 171817 171817 1418678 1068816 349862 137554 132532 187 4835 1552482 1552482 1515156 1191085 264627 59444 401527 1050 400477 DANCE MEDICINE 989251 989251 EQUIPMENT EXPENSE 439308 363268 75900 140 COSTUME SETS AND PROPS 422937 422937 SCHOOL MEAL PLANS 174754 174754 369152 1211747 -1037664 195069 39300401 30779308 6287607 2233486 X 8531084 6089870 41598 50268 2167167 1798522 185719 3337504 131495 151649 1227444 1260460 65880144 46752733 19213985 19127411 624484 624861 10239978 8448522 42362954 40889067 7038991 6998125 5357194 7426060 37091622 35185254 0 2975000 18376893 18188490 67864700 70772929 X -26576402 -30937657 1074656 1053795 -25501746 -29883862 42362954 40889067 X -6523403 -22087 2163374 X 0 1 X 1 0 X 23438818 27972227 26104832 24632543 22551597 124700017 23438818 27972227 26104832 24632543 22551597 124700017 3427012 121273005 111012 221983 269621 249953 112514 965083 27648 8392 5477 0 0 41517 1541208 1470973 1621063 1426727 1296504 7356475 133063092 104355771 0.91140 0.90870 X SCHEDULE A, PART II, LINE 10: OTHER INCOME INCLUDES RECOGNIZED GROSS INCOME FROM FUNDRAISING OF $121,549, FACILITIES FEES OF $1,173,933 AND OTHER INCOME OF $1,022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 113923812 2740493 29074149 0 8281520 137456934 124452193 499569 457454 0 9340468 2144936 113923812 125015507 2516119 6070692 0 8334967 815158 124452193 119047942 7701230 6198570 0 7932235 0 125015507 100219009 14084234 11847575 0 7102876 0 119047942 0.30610 0.57090 0.12300 0 1 1 4519388 4519388 35179336 22552773 12626563 220022 10891 209131 8419761 8419761 0 17541637 15769308 1772329 19127411 RESTRICTED CASH 6007191 DUE FROM SAN FRANCISCO BALLET ENDOWMENT FOUNDATION 1429647 DEFINED CONTRIBUTION PLAN ASSET 684476 BOND ISSUANCE COSTS 315479 SCHOOL SUSPENSE 11729 8448522 PPP LOAN 9321200 INTEREST RATE SWAP LIABILITY 6749297 POST-RETIREMENT BENEFIT OBLIGATION 1403882 DEFINED CONTRIBUTION PLAN LIABILITY 685861 CAPITAL LEASE OBLIGATION 28250 18188490 X PART X, LINE 2: ASC 740 (FIN 48) FOOTNOTE THE ASSOCIATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ASSOCIATION IS ALSO EXEMPT FROM CALIFORNIA FRANCHISE TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701D ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE BALLET HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THERE WERE NO TAX PENALTIES OR INTEREST CLASSIFIED AS TAX EXPENSE FOR THE YEAR ENDED JUNE 30, 2021. SCHEDULE D, PART V, LINE 1A: THE ENDOWMENT FUNDS BALANCE IS COMPRISED OF BOTH THE ASSOCIATION'S QUASI-ENDOWMENT BALANCE COMBINED WITH THE ENDOWMENT FOUNDATION FUND'S BALANCE. SCHEDULE D, PART V, LINE 4: INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS RESERVE LIQUIDITY FOR PURPOSES INCLUDING, BUT NOT LIMITED TO, MEETING COLLATERAL POSTING REQUIREMENTS ON THE ASSOCIATION'S INTEREST RATE SWAP AGREEMENT. SCHEDULE D, PART X, LINE 1: PPP LOAN ON APRIL 15, 2020, THE BALLET RECEIVED A SMALL BUSINESS ADMINISTRATION LOAN THROUGH THE PAYCHECK PROTECTION PROGRAM IN THE AMOUNT OF $7,321,200, WHICH WAS USED PRIMARILY FOR PAYROLL BUT ALSO COVERED MORTGAGE INTEREST, RENT, AND UTILITY COSTS INCURRED AND PAID DURING THE COVERED PERIOD THROUGH AUGUST 13, 2020. THIS SBA LOAN CARRIES A FIXED INTEREST RATE OF 1% AND BOTH PRINCIPAL AND INTEREST MUST BE PAID IN 18 EQUAL INSTALLMENTS BEGINNING NOVEMBER 15, 2020. ON JUNE 8, 2021, THE BALLET RECEIVED ANOTHER LOAN THROUGH THE PAYCHECK PROTECTION PROGRAM IN THE AMOUNT OF $2,000,000. THE BALLET HAS CURRENTLY RECEIVED LOAN FORGIVENESS IN THE AMOUNT OF $6,703,156 AND IS AWAITING LOAN FORGIVENESS APPLICATION APPROVAL FOR THE REMAINDER. OPENING NIGHT GALA 841312 780503 60809 0 0 0 70914 0 63493 SCHOOL FESTIVAL 617128 568966 48162 0 0 7419 29255 0 47695 4 157129 144551 12578 0 0 0 9428 14758 13302 1615569 1494020 121549 7419 109597 14758 124490 256264 -134715 1 TUITION SCHOLARSHIPS 222 652727 0 HOUSING SCHOLARSHIPS 26 264847 0 ARTISTS RESERVE FUND 33 78657 0 STUDENT STIPENDS 13 61950 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE BALLET SCHOOL PROVIDES A LIMITED NUMBER OF SCHOLARSHIPS TO INTERMEDIATE AND ADVANCED LEVEL STUDENTS BASED ON THEIR FINANCIAL NEED OR POTENTIAL TO ACHIEVE A PROFESSIONAL CAREER IN BALLET. STUDENT STIPENDS ARE GIVEN TO THOSE SELECTED FOR THE TRAINEE PROGRAM TO HELP COVER VARIOUS EXPENSES. STUDENTS' PROGRESS AND ENROLLMENT IS MONITORED AS A ROUTINE PART OF THEIR BALLET SCHOOL STUDIO WORK. X X 1 1 X X X 0 0 0 0 0 0 0 0 1 1 HELGI TOMASSON ARTISTIC DIR & PRIN. CHOREOGRAPHER 618566 0 0 0 0 0 -57541 0 37846 0 598871 0 0 0 KELLY TWEEDDALE EXECUTIVE DIRECTOR (THRU 06/21) 363292 0 0 0 0 0 0 0 14779 0 378071 0 0 0 DANIELLE M GORDON CHIEF DEV. OFF/EXEC. DIR (AS OF 6/21 304576 0 0 0 0 0 8062 0 7543 0 320181 0 0 0 CORDULA MERKS ORCHESTRA MUSICIAN 197951 0 0 0 0 0 26144 0 20324 0 244419 0 0 0 MARTIN WEST MUSIC DIRECTOR & PRIN. CONDUCTOR 213981 0 0 0 0 0 6816 0 20623 0 241420 0 0 0 JULIE BUTT DIR MARKETING & COMM (THRU 02/21) 209944 0 0 0 0 0 6679 0 20623 0 237246 0 0 0 MURRAY BOGNOVITZ DIRECTOR OF INFORMATION TECHNOLOGY 189851 0 0 0 0 0 0 0 8163 0 198014 0 0 0 DEBRA ANN BERNARD GENERAL MANAGER 177649 0 0 0 0 0 5435 0 8108 0 191192 0 0 0 KRISTIN M KLINGVALL CONTROLLER 164005 0 0 0 0 0 4967 0 8058 0 177030 0 0 0 PATRICK ARMAND DIR OF SAN FRANCISCO BALLET SCH. 162807 0 0 0 0 0 4884 0 8059 0 175750 0 0 0 ANDREA YANNONE DIR EDUCATION & TRNG (THRU 12/20) 162037 0 0 0 0 0 4884 0 7509 0 174430 0 0 0 CHRISTOPHER L DENNIS PRODUCTION DIRECTOR 147359 0 0 0 0 0 4501 0 8793 0 160653 0 0 0 PART I, LINE 1A FIRST CLASS/CHARTER TRAVEL & TRAVEL FOR COMPANIONS SAN FRANCISCO BALLET ASSOCIATION REQUIRES THE ARTISTIC DIRECTOR TO MAINTAIN CONTACT WITH AND KNOWLEDGE OF ARTISTIC DEVELOPMENTS IN THE FIELD OF MODERN DANCE AND BALLET, AS WELL AS OTHER RELATED ART FORMS. IN FULFILLMENT OF THIS RESPONSIBILITY, IT IS IN THE ASSOCIATION'S INTEREST AND THE ASSOCIATION REQUESTS THAT THE ARTISTIC DIRECTOR MAKE TRIPS TO NATIONAL DANCE CENTERS SUCH AS NEW YORK OR OTHER PLACES AS DEEMED APPROPRIATE, AND AT LEAST ONE TRIP TO EUROPE EACH YEAR. FIRST CLASS AIR TRAVEL IS APPROVED FOR THESE BUSINESS-RELATED TRAVELS BY THE EXECUTIVE DIRECTOR OR THE GENERAL MANAGER. NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. FIRST CLASS AIR TRAVEL FOR THE ARTISTIC DIRECTOR'S SPOUSE IS PROVIDED AS THE ARTISTIC DIRECTOR'S SPOUSE IS AN INTEGRAL PART OF THE ARTISTIC DIRECTOR'S ARTISTIC KNOWLEDGE GATHERING PROCESS AND HAS SERVED AS HIS CONFIDANTE AND ADVISOR IN THE DIRECTION AND DEVELOPMENT OF THE SAN FRANCISCO BALLET FOR THREE DECADES. THE ARTISTIC DIRECTOR'S SPOUSE HAS RECEIVED THE DISTINGUISHED LEW CHRISTENSEN MEDAL OF HONOR WHICH HONORS THOSE INDIVIDUALS WHO HAVE LEFT AN INDELIBLE MARK ON THE HISTORY OF THE SAN FRANCISCO BALLET. NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. PART I, LINE 8 SAN FRANCISCO BALLET ASSOCIATION HAS ENTERED INTO AN INITIAL CONTRACT WITH KELLY TWEEDDALE IN HER ROLE AS EXECUTIVE DIRECTOR. THE CONTRACT WAS REVIEWED AND APPROVED WITH CONTEMPORANEOUS DOCUMENTATION BY THE BOARD ON MAY 22, 2019. PART II: POST-RETIREMENT ARRANGEMENT ONE OF THE INDIVIDUALS HAS A POST-RETIREMENT ARRANGEMENT AS PART OF THEIR EMPLOYMENT AGREEMENT WHICH PROVIDES FOR SALARY CONTINUANCE FOR A FIXED PERIOD OF TIME DEPENDENT ON THE NUMBER OF YEARS SERVED UNDER THE AGREEMENT AND IN THE ABSENCE OF CERTAIN TYPES OF POST-RETIREMENT EMPLOYMENT AND BENEFITS AVAILABLE TO THE EMPLOYEE AND FOR EMPLOYEE AND SPOUSAL HEALTH BENEFITS. PART II, COLUMN (C): THE AMOUNT FOR HELGI TOMASSON IN COLUMN (C) FOR RETIREMENT AND OTHER DEFERRED COMPENSATION INCLUDES A LOSS IN VALUE OF DEFERRED COMPENSATION THAT OCCURED DURING THE YEAR. A CA INFRASTRUCTURE AND ECON DEVELOPMENT BANK 630304653 2013-06-06 44309705 2013 A, B, C, D REFUNDING OF SERIES 2010 & 2008 BONDS & COVER ISSUANCE COSTS 0 0 0 A 9324785 44309705 286256 44020449 2009 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 1 JP MORGAN CHASE 25.000000000000 0 0 0 0 1 A 1 ERIK TOMASSON SEE PART V 94000 SEE PART V 0 SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ERIK TOMASSON(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:FATHER IS TRUSTEE/ARTISTIC DIRECTOR(D) DESCRIPTION OF TRANSACTION: PAYMENT FOR CONTRACT SERVICESSCHEDULE L, PART IV:ERIK TOMASSON'S RELATIONSHIP TO HIS FATHER HAS NO BEARING ON HIS CONTRACT WITH THE ASSOCIATION, AND HIS COMPENSATION IS REVIEWED AND DETERMINED TO BE FAIR AND REASONABLE FOR THE SERVICES HE PERFORMS. X 90 1463236 FAIR MARKET VALUE X EVNT DONATION 4 42493 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): FOR CONTRIBUTIONS OF SECURITIES, SUCH AS PUBLICLY TRADED STOCK, THE ASSOCIATION TREATS EACH SEPARATE GIFT AS AN ITEM FOR THIS PURPOSE. FORM 990, PART III, LINE 1 SAN FRANCISCO BALLET, LONG RECOGNIZED FOR PUSHING BOUNDARIES IN DANCE, HAS A HISTORY OF MAKING HISTORY. FOUNDED IN 1933, WE STAGED THE FIRST FULL-LENGTH AMERICAN PRODUCTIONS OF COPPLIA (1938) AND SWAN LAKE (1940) AND IN 1944, WE LAUNCHED AN ANNUAL HOLIDAY TRADITION WHEN WE PRODUCED THE FIRST FULL-LENGTH PRODUCTION OF NUTCRACKER IN THE US. SAN FRANCISCO BALLET IS AMERICA'S OLDEST PROFESSIONAL BALLET COMPANY AND ONE OF THE THREE LARGEST BALLET COMPANIES IN THE UNITED STATES. THE MISSION OF THE BALLET IS TO SHARE THE JOY OF DANCE WITH ITS COMMUNITY AND AROUND THE GLOBE AND TO PROVIDE THE HIGHEST CALIBER OF DANCE TRAINING IN ITS SCHOOL. LED BY ARTISTIC DIRECTOR AND PRINCIPAL CHOREOGRAPHER, HELGI TOMASSON, SF BALLET IS ACCOMPANIED BY ITS OWN ORCHESTRA AND OPERATES ONE OF THE COUNTRY'S MOST PRESTIGIOUS SCHOOLS OF BALLET. TODAY WE BUILD ON OUR HERITAGE OF COMMISSIONING GROUNDBREAKING DANCE FROM TODAY'S TOP CHOREOGRAPHERS, BY UNCOVERING NEW CHOREOGRAPHIC TALENT, AND BY STAGING MODERN CLASSICS AND THE WORKS THAT MAKE UP THE CANON OF CLASSIC BALLET. OUR APPROACH DEFINES BALLET IN THE 21ST CENTURY AND IT MAKES SAN FRANCISCO BALLET THE ESSENTIAL PLACE TO SEE THE MOST ADVENTUROUS DANCE IN AMERICA. GUIDED IN ITS EARLY YEARS BY AMERICAN DANCE PIONEERS THE BROTHERS LEW, WILLAM, AND HAROLD CHRISTENSEN, SAN FRANCISCO BALLET HISTORICALLY PRESENTS MORE THAN 100 PERFORMANCES ANNUALLY, BOTH LOCALLY AND INTERNATIONALLY. FORM 990, PART VI, SECTION A, LINE 2 CARL PASCARELLA AND YURIE PASCARELLA - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS ANY NATURAL PERSON SHALL BE ELIGIBLE TO BE A MEMBER OF THE ASSOCIATION (A "MEMBER") BUT NO LEGAL PERSON WHICH IS NOT A NATURAL PERSON, SUCH AS A FOUNDATION, TRUST, CORPORATION OR PARTNERSHIP, SHALL BE ELIGIBLE TO BE A MEMBER. A NATURAL PERSON MAY BECOME A MEMBER BY MAKING A MINIMUM CONTRIBUTION TO THE ASSOCIATION, THE AMOUNT OF SUCH MINIMUM CONTRIBUTION TO BE DETERMINED FROM TIME TO TIME BY RESOLUTION OF THE BOARD. IN THE CASE OF A CONTRIBUTION IN PROPERTY, THE DETERMINATION OF THE BOARD OR A COMMITTEE OF THE BOARD, SUBCOMMITTEE, ADVISORY COMMITTEE OR OTHER PERSON TO WHOM THIS RESPONSIBILITY IS DELEGATED BY THE BOARD, AS TO THE VALUE OF THE PROPERTY FOR MEMBERSHIP PURPOSES SHALL BE CONCLUSIVE. THE BOARD MAY IN ITS DISCRETION WAIVE THE MINIMUM CONTRIBUTION IN THE CASE OF A PERSON WHO HAS MADE INTANGIBLE CONTRIBUTIONS TO THE ASSOCIATION IN THE PAST. THE TERM FOR EACH MEMBER AS A MEMBER SHALL COMMENCE WHEN THE PERSON MAKES THE REQUISITE CONTRIBUTION TO THE ASSOCIATION (OR THE CONTRIBUTION IS WAIVED) AND SHALL CONTINUE FOR A PERIOD OF 12 MONTHS THEREAFTER, AT THE EXPIRATION OF WHICH PERIOD IT SHALL EXPIRE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS STOCKHOLDERS WHO MAY ELECT TRUSTEES OF THE ASSOCIATION ARE ELECTED BY THE MEMBERS FOR A TERM OF THREE YEARS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS RIGHT TO VOTE MEMBERS SHALL HAVE, IN ADDITION TO ANY OTHER RIGHTS WHICH MAY BE GRANTED TO THEM UNDER THE BY-LAWS OR BY LAW, THE RIGHT TO VOTE (1) FOR THE ELECTION OF TRUSTEES, (2) ON A DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSOCIATION'S ASSETS, (3) ON A MERGER OF THE ASSOCIATION WITH ANOTHER CORPORATION, (4) ON A DISSOLUTION OF THE ASSOCIATION, (5) ON AN AMENDMENT OF THE ARTICLES OF INCORPORATION AND, (6) ON AN AMENDMENT OF THE BY-LAWS (UNLESS THE BY LAW AMENDMENT IS APPROVED BY THE BOARD ALONE IN ACCORDANCE WITH THE TERMS OF THE BY-LAWS). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 WAS PREPARED BASED ON AUDITED FINANCIAL STATEMENTS BY AN INDEPENDENT ACCOUNTING FIRM, WHICH WAS THEN REVIEWED BY FINANCE MANAGEMENT. THE ASSOCIATION PROVIDED A COMPLETE COPY OF THIS FORM TO ALL MEMBERS OF ITS GOVERNING BODY WITH A REDACTION OF DONOR NAMES AND ADDRESSES FROM FORM 990, SCHEDULE B, AT THE REQUEST OF THE DONOR. THE FORM 990 WAS REVIEWED AND APPROVED AT A MEETING OF THE AUDIT COMMITTEE. SUBSEQUENT TO THAT REVIEW, THE FORM 990 WAS POSTED TO THE ASSOCIATION'S TRUSTEE INTRANET WEBSITE AND TRUSTEES WERE NOTIFIED IN WRITING OF THE AVAILABILITY OF THE FORM 990 FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST POLICY QUESTIONNAIRES ARE ISSUED ANNUALLY TO ALL EMPLOYEES, TRUSTEES AND OTHERS WHO HAVE AN ANNUAL REPORTING REQUIREMENT UNDER THE POLICY. RESPONSES ARE MONITORED AND OUTSTANDING FORMS ARE FOLLOWED UP ON UNTIL RECEIVED. UPON RECEIPT, THE FORM IS REVIEWED BY THE HR MANAGER (FOR EMPLOYEES) AND THE BOARD RELATIONS MANAGER (FOR TRUSTEES) FOR ANY KNOWN ISSUES OR RELATIONSHIPS THAT NEED TO BE HIGHLIGHTED. FORMS ARE FURTHER REVIEWED BY THE CFO. MATTERS REQUIRING ATTENTION ARE REPORTED TO THE EXECUTIVE DIRECTOR WHO MAY FURTHER REPORT THE MATTER TO THE BOARD CHAIR. PERSONS WITH A CONFLICT ARE RECUSED FROM DISCUSSIONS AND DO NOT VOTE ON RESOLUTIONS THAT PERTAIN DIRECTLY TO THEIR CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION COMPENSATION AND BENEFITS FOR THE ASSOCIATION'S EXECUTIVE DIRECTOR AND CFO ARE NEGOTIATED WITH THE ASSOCIATION'S ASSESSMENT COMMITTEE ON AN ANNUAL BASIS. PERFORMANCE IS REVIEWED ON AN ANNUAL BASIS BY THE ASSESSMENT COMMITTEE AND DOCUMENTED VIA MEETING MINUTES BY THE BOARD ASSISTANT SECRETARY WITH RECOMMENDATIONS GIVEN TO THE BOARD. REVIEWS OCCUR (1) INITIALLY UPON THE HIRING, (2) WHENEVER THE TERM OF EMPLOYMENT, IF ANY, OF SUCH OFFICER IS RENEWED OR EXTENDED, AND (3) WHENEVER SUCH OFFICER'S COMPENSATION IS MODIFIED; PROVIDED, HOWEVER, THAT SEPARATE REVIEW AND APPROVAL PURSUANT TO CLAUSE (3) SHALL NOT BE REQUIRED IF A MODIFICATION OF COMPENSATION EXTENDS TO SUBSTANTIALLY ALL EMPLOYEES OF THE ASSOCIATION. WHEN REVIEWING COMPENSATION, THE ASSESSMENT COMMITTEE ALSO USES EXTERNAL COMPARISONS FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS OF SIMILAR SIZE THAT ARE AVAILABLE ONLINE. COMPENSATION AND BENEFITS FOR KEY EMPLOYEES ARE DETERMINED LARGELY ON WHETHER THEY ARE UNION OR NON-UNION EMPLOYEES. FOR UNION EMPLOYEES, COMPENSATION AND BENEFITS ARE BASED ON THE COLLECTIVE BARGAINING AGREEMENTS WHICH ARE REGULARLY RENEGOTIATED EVERY THREE TO FIVE YEARS (DEPENDING ON THE UNION). FOR NON-UNION EMPLOYEES, COMPENSATION AND BENEFITS ARE NEGOTIATED ON AN INDIVIDUAL BASIS UPON INITIAL HIRE WITH ANNUAL PERFORMANCE REVIEWS THEREAFTER DOCUMENTED WITH THE EMPLOYEE'S DIRECT SUPERVISOR USING THE ORGANIZATION'S STANDARD FORMS ON AN ANNUAL/REGULAR BASIS. COMPENSATION FOR NON-UNION EMPLOYEES ARE REVIEWED USING EXTERNAL COMPARISONS FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS OF SIMILAR SIZE THAT ARE AVAILABLE ONLINE. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION MADE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC DUE TO THE AGE OF THE ORGANIZATION, FORM 1023 IS CURRENTLY UNAVAILABLE FOR THE GENERAL PUBLIC AND THE ORGANIZATION IS EXEMPT FROM THE REQUIREMENT TO PROVIDE FORM 1023, AS IT WAS FILED PRIOR TO THE JULY 15, 1987 REQUIREMENT DATE. THE ORGANIZATION CURRENTLY MAKES ITS AUDITED FINANCIAL STATEMENTS FOR THE MOST RECENT TEN YEARS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. FORM 990, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII: THE ARTISTIC DIRECTOR, HELGI TOMASSON, SERVES AS A MEMBER OF THE BOARD OF TRUSTEES OF THE ORGANIZATION. IN ADDITION TO THE ROLE AS TRUSTEE, THE ARTISTIC DIRECTOR IS ALSO A KEY EMPLOYEE, AND COMPENSATION INCLUDED ON PART VII RELATES SOLELY TO EMPLOYMENT WITH THE ORGANIZATION. FORM 990, PART VIII, LINE 2A - 2E: ON MARCH 6, 2020, BY ORDER OF SAN FRANCISCO MAYOR LONDON N. BREED, TO PREVENT THE SPREAD OF COVID-19, ALL PUBLIC PERFORMANCES, EVENTS, AND GATHERINGS AT THE SAN FRANCISCO WAR MEMORIAL AND PERFORMING ARTS CENTER WERE CANCELED. THIS ORDER WAS FOLLOWED BY AN ANNOUNCEMENT FROM THE WORLD HEALTH ORGANIZATION ON MARCH 11 WHERE THE WHO DECLARED THE NOVEL STRAIN OF COVID-19 A GLOBAL PANDEMIC AND RECOMMENDED CONTAINMENT AND MITIGATION MEASURES WORLDWIDE. THE PANDEMIC HAS CAUSED WORLDWIDE DISRUPTION TO BUSINESSES AND ECONOMIC ACTIVITY AND HAS RESULTED IN A SIGNIFICANT DROP IN OPERATING REVENUE FOR THE BALLET. IN COMPLIANCE WITH LOCAL HEALTH MANDATES, THE SAN FRANCISCO BALLET HAS REMAINED CLOSED SINCE MARCH 16, 2020, AND HAS NOT RECEIVED REVENUE FROM ADMISSIONS OR ONSITE EVENTS SINCE THE CLOSURE OF THE WAR MEMORIAL ON MARCH 6. THE BALLET HAS BEEN OPERATING ON A REDUCED EXPENSE BUDGET BUT HAS INCREASED ITS DIGITAL OFFERINGS AND OUTREACH TO ENGAGE COMMUNITY MEMBERS AND DONORS. THE BALLET CONTINUES TO RECEIVE ANNUAL FUNDING FROM INDIVIDUAL AND INSTITUTIONAL DONORS AND HAS BEEN THE RECIPIENT OF NEW LEVELS OF SUPPORT FROM INDIVIDUALS AND INSTITUTIONS WHO HAVE PROVIDED EMERGENCY FUNDS FOR OPERATIONS DURING THE PANDEMIC-RELATED CLOSURE. THE FULL EXTENT OF THE ADVERSE IMPACT ON THE BALLET CANNOT BE PREDICTED AT THIS TIME. FORM 990, PART X, LINE 27: A PRIOR PERIOD ADJUSTMENT BETWEEN NET ASSETS WITHOUT DONOR RESTRICTIONS AND NET ASSETS WITH DONOR RESTRICTIONS WAS RECORDED DURING THE FISCAL YEAR IN THE AMOUNT OF $1,869,945. THE ADJUSTMENT WAS THE CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING FOR FIXED ASSETS ACQUIRED WITH DONOR RESTRICTED FUNDS IN ACCORDANCE WITH ASU 2016-14. FORM 990, PART XI, LINE 9: REVERSALS OF PRIOR YEAR GRANTS -143,020. UNREALIZED GAIN ON INTEREST RATE SWAP 2,174,538. CHANGE IN POST-RETIREMENT BENEFIT OBLIGATION 74,494. CHANGE IN DISCOUNT 57,362. SAN FRANCISCO BALLET ENDOWMENT FOUNDATION 455 FRANKLIN STREET SAN FRANCISCO CA 94102 942747262 INVESTMENT OF ENDOWMENT FUNDS CA 501(C)(3) LINE 12A, I SAN FRANCISCO BALLET 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 1 0 0 SAN FRANCISCO ENDOWMENT FOUNDATION E 35185254 ACTUAL LOAN GUARANTEE BALANCE SAN FRANCISCO ENDOWMENT FOUNDATION C 4954344 ACTUAL OPERATING TRANSFER SAN FRANCISCO ENDOWMENT FOUNDATION O 416610 ACTUAL SALARY, BENEFITS & TAXES SAN FRANCISCO ENDOWMENT FOUNDATION Q 206138 ACTUAL EXPENSE REIMBURSEMENT