2013-05-14T16:56:17-07:00 2012-06-30 990 2011-07-01 941415298 SAN FRANCISCO BALLET ASSOCIATION SANF 4158615600 455 Franklin Street San Francisco CA 94102 Kimberly Carim 4158615600 2013-05-14 2011 2016-02-24 21:20:13Z Glenn McCoy 455 Franklin Street San Francisco CA 94112 52450789 0 X www.sfballet.org X 1933 CA To share the joy of dance and provide the highest caliber of dance training. 67 61 815 604 47893 22635 20374873 26475718 19947004 21194755 172238 11812 -256432 -247665 40237683 47434620 739615 782434 0 0 27689920 29917231 182277 177634 2205373 15321880 16485606 43933692 47362905 -3696009 71715 63784244 64259920 59039595 63515529 4744649 744391 As America's oldest professional ballet company and one of the three largest ballet companies in the United States, San Francisco Ballet Association (the Association) has enjoyed a long and rich tradition of artistic "firsts" since its founding in 1933. 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. The Ballet seeks to enhance its position as one of the world's finest dance companies through its vitality, innovation, and diversity and through its uncompromising commitment to artistic excellence based in the classical ballet tradition.Guided in its early years by American dance pioneers and brothers Lew, Willam, and Harold Christensen, San Francisco Ballet currently presents more than 100 performances annually, both locally and internationally. 0 0 36402071 18756142 Performance and Touring: Under the direction of Helgi Tomasson for more than two decades, the Association has achieved an international reputation as one of the preeminent ballet companies in the world. During the fiscal year the Company presented Don Quixote, Onegin, Nutcracker and several mixed bill programs for a total of 102 performance. In addition, the Company toured to various locations including Moscow, Hamburg and Orange County. 3626463 524599 2417561 School and Student Housing: the Association operates the San Francisco Ballet School and a student residence. The Ballet School curriculum is designed and taught by an eminent faculty. It emphasizes 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 6 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, contemporary and character dance and music. Seminars on nutrition and related issues are offered throughout the school year. 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. Approximately fifty percent of the dancers in the Ballet received all or part of their training at the Ballet School. Students have also gone on to dance with such companies as American Ballet Theatre, Ballet West, Birmingham Royal Ballet, Dutch National Ballet, English National Ballet, Frankfurt Ballet, Miami City Ballet, New York City Ballet, Pacific Northwest Ballet, Pittsburgh Ballet Theatre and Stuttgart Ballet. The Ballet School also operates summer sessions in San Francisco for professional ballet career-bound students from the U.S and abroad. During the fiscal year, the School changed the model of the summer program by splitting its upper and lower division curricula into two separate programs. During the fiscal year, the Ballet School had 727 students in the summer and regular school year. 566447 218109 21052 Outreach: The Center for Dance Education ("CDE"), a department of the Ballet, was formed in 2001 to coordinate the Ballet's community outreach and education programs. The CDE operates programs in schools and the community at large, often in coordination with other community-based organizations. Within the CDE, Dance in Schools and Communites (DISC) was created and currently provides a free interactive movement to over 3,200 students in 34 San Francisco Unified School District Elementary Schools. Additional programs include after-school programs, a summer dance camp, ten-week residency classes taught in the public schools, scholarship programs, adult education, and community matinees. (estimated 25,000 community members touched). 39727 39727 0 Artists Reserve Fund - 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. 39727 39727 0 40634708 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 144 0 1 815 1 1 1 0 0 0 0 1 1 0 0 0 0 X 67 61 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Kimberly Carim 4158615600 455 Franklin Street San Francisco CA 94102 Helgi Tomasson 50 X X 624665 0 27943 John S Osterweis 10 X X 0 0 0 Chris Hellman 2 X 0 0 0 Richard C Barker 2 X 0 0 0 J Stuart Francis 5 X X 0 0 0 Margaret G Gill 5 X X 0 0 0 James H Herbert II 5 X X 0 0 0 Lucy Jewett 5 X X 0 0 0 James D Marver 5 X X 0 0 0 Carl F Pascarella 5 X X 0 0 0 Robert M Smelick 5 X X 0 0 0 Diane B Wilsey 5 X X 0 0 0 Jennifer J McCall 5 X X 0 0 0 Susan S Briggs 2 X X 0 0 0 Michael Abramson 2 X 0 0 0 Jola Anderson 2 X 0 0 0 Kristen A Avansino 2 X 0 0 0 Rosemary B Baker 2 X 0 0 0 Karen S Bergman 2 X 0 0 0 Deborah Bocci 2 X 0 0 0 Amy Burnett 2 X 0 0 0 David C Cox 2 X 0 0 0 Mary B Cranston 2 X 0 0 0 Timothy D Dattels 2 X 0 0 0 Susan P Diekman 2 X 0 0 0 Suzy Kellems Dominik 2 X 0 0 0 Stephanie Ejabat 2 X 0 0 0 Peter E Engel 2 X 0 0 0 Jacqueline L Erdman 2 X 0 0 0 Sonia H Evers 2 X 0 0 0 Irwin Federman 2 X 0 0 0 Jason M Fish 2 X 0 0 0 Shelby M Gans 2 X 0 0 0 Alicia Carew Hammarskjold 2 X 0 0 0 Libby Heimark 2 X 0 0 0 Hank J Holland 2 X 0 0 0 Thomas E Horn 2 X 0 0 0 Donald F Houghton 2 X 0 0 0 Christopher P Johns 2 X 0 0 0 James C Katzman 2 X 0 0 0 Nancy Kukacka 2 X 0 0 0 Kelsey Lammond 2 X 0 0 0 Irv Lichtenwald 2 X 0 0 0 Marie O'Gara Lipman 2 X 0 0 0 Alison Mauze 2 X 0 0 0 Marissa Mayer 2 X 0 0 0 Ken McNeely 2 X 0 0 0 Alexander R Mehran 2 X 0 0 0 Debra M Messemer 2 X 0 0 0 James E Milligan 2 X 0 0 0 Kurt C Mobley 2 X 0 0 0 Thong Nguyen 2 X 0 0 0 John F Powers 2 X 0 0 0 Christine Russell 2 X 0 0 0 O J Shansby 2 X 0 0 0 Christine E Sherry 2 X 0 0 0 Charlotte Mailliard Shultz 2 X 0 0 0 Karen Sonneborn 2 X 0 0 0 Fran A Streets 2 X 0 0 0 Judy C Swanson 2 X 0 0 0 Patricia A TeRoller 2 X 0 0 0 Richard J Thalheimer 2 X 0 0 0 Susan A Van Wagner 2 X 0 0 0 Dr Jennifer M Walske 2 X 0 0 0 Timothy C Wu 2 X 0 0 0 Janice Hansen Zakin 2 X 0 0 0 Rhonda I Zygocki 2 X 0 0 0 Glenn McCoy 50 X 392725 0 15706 Kimberly Carim 50 X 162921 0 8236 Thomas Flynn 50 X 203584 0 9441 Yuan Yuan Tan 40 X 157810 0 7060 Debra Ann Bernard 50 X 155200 0 12859 Martin West 50 X 150461 0 10242 Murray Bognovitz 50 X 142444 0 7807 Pascal Molat 40 X 143243 0 6970 2133053 0 106264 35 0 1 0 Lenat & Partners Inc 1633 Bayshore Highway 220 Burlingame CA 94010 Advertising 707805 Parsons Mears Ltd 519 Eighth Avenue 11th Floor New York NY 10018 Costume Construction 427584 SD&A Teleservices Inc 5757 West Century Blvd Suite 300 Los Angeles CA 90045 Telefunding and Telemarketing 255862 i-de-as The Special Events Co Inc 761 Montague Street San Leandro CA 94577 Event Services 254808 Bernhard Fleischer Moving Images LLC 9595 Wilshire Blvd Suite 305 Beverly Hills CA 90212 TV Production 245155 21 5104 19217396 2134906 4607711 499281 11320 1990334 26475718 Performance and Touring 711120 18756142 18756142 0 0 School and Student Housing 711120 2417561 2417561 0 0 Outreach 711120 21052 21052 0 0 0 0 0 0 21194755 32217 0 0 32217 8 0 0 8 33005 0 0 33005 5770 41595 0 0 5770 41595 47365 47365 0 0 1987984 1047671 1995251 1060817 -7267 -13146 -20413 -13146 0 -7267 758138 2134906 1380170 -622032 0 -622032 19800 0 19800 0 0 19800 800592 579931 220661 172768 47893 0 Expense Reimbursement 711120 53536 0 0 53536 0 0 0 0 53536 47434620 21401742 47893 -490733 0 0 782434 782434 0 0 0 0 1764859 924779 603551 236529 20491480 18181271 1513159 797050 1849455 1791840 38305 19310 3983282 3481200 362812 139270 1828155 1602604 145237 80314 0 0 0 0 102675 72835 29840 0 100225 0 100225 0 0 0 0 0 177634 177634 5602 4863 739 0 1130988 256339 852013 22636 2457210 2443336 13874 0 1150018 751160 263497 135361 387735 0 387735 0 799104 799104 0 0 998303 593474 368326 36503 840482 677439 146414 16629 0 0 0 0 0 0 0 0 2210871 1944982 221687 44202 0 0 0 0 3642653 3241224 347549 53880 338744 4829 333915 0 Costumes/Sets/Props 986350 986350 0 0 Dance Medicine 311045 311045 0 0 Catering 288412 0 16776 271636 Facilities Allocation -6750 1200500 -1289186 81936 741939 583100 66356 92483 47362905 40634708 4522824 2205373 5571919 4603253 1163302 217689 3319820 6253210 87251 319913 0 0 0 0 0 0 216731 287746 1469233 1364292 60007274 26825506 33363824 33181768 492865 530163 0 0 0 18099299 17501886 63784244 64259920 8547203 12605383 0 0 4451788 5467053 45270000 44610000 0 0 0 0 0 0 0 0 770604 833093 59039595 63515529 X -3459060 -11856111 8203709 12600502 0 0 4744649 744391 63784244 64259920 X 71715 -4071973 X 0 1 1 X 0 X 29782531 24691526 19471848 20374872 26458103 120778880 29782531 24691526 19471848 20374872 26458103 120778880 7799962 112978918 706765 133449 36714 191374 112595 1180897 12445 21644 9512 18770 22635 85006 25602 35567 62381 83063 82439 289052 122333835 120778881 0.92353 0.94867 X 10a Net rental income 10b Sales of assets other than inventory 10d Settlement proceeds, reimbursements RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1035814 0 15692 0 1050593 739 174 2318646 652262 77524 0 2000258 12360 1035814 2245530 40000 33116 0 0 0 2318646 0 2245530 0 0 0 0 2245530 1 0 0 0 1 1 0 4519388 4519388 0 33599546 12947390 20652156 0 0 0 0 0 7285817 4404735 2881082 0 14602523 9473381 5129142 33181768 Restricted Cash - Swap Collateral Posted 6391686 Bond Issuance Costs 1049194 Due from San Francisco Ballet Endowment Foundation 10017347 Defined Contribution Plan Asset 43659 17501886 0 Post Retirement Benefit Obligation 785102 Defined Contribution Plan Obligation 43659 Capital Lease Obligation - Current 4332 833093 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Reserve liquidity for purposes including, but not limited to, meeting collateral posting requirements on the Association's interest rate swap agreement. An amount of $1,050,593 was expended for this purpose in FY12 and is expected to be returned to the quasi-endowment when collateral posting requirements cease. SchD_P10_S00_L02 Schedule D, Part X, Line 2 Income Tax Status - The Association has been classified as a publicly supported, tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, and are exempt from California franchise taxes under Revenue and Taxation Code Section 23701(d). Ballet management believes that no liabilities are required to accrue for uncertain tax positions as of June 30, 2012. Europe (including Iceland and Greenland) 0 0 Program Services Ballet Performances 584939 Russia and the newly independent States 0 0 Program Services Ballet Performances 55974 0 0 640913 0 0 1 0 0 0 X X X X X X X 1 SD&A Teleservices Inc 5757 West Century Blvd Suite 300 Los Angeles CA 90045 Telefunding and telemarketing 0 352082 177634 174448 352082 177634 174448 CA Opening Night Gala 2384540 1900480 484060 0 0 61692 213224 14560 735589 Fashion Show 429095 337608 91487 0 0 0 62172 0 135074 3 439154 256563 182591 0 0 24862 65294 0 67703 3252789 2494651 758138 0 0 86554 340690 14560 938366 1380170 -622032 0 0 0 0 0 0 0 0 0 0 19800 0 0 0 0 1 1 19800 0 0 0 0 0 19800 CA 1 0 1 0 0 1 Kimberly Carim 455 Franklin Street San Francisco CA 94102 0 0 0 SchG_P03_S00_L01 Schedule G, Part III, Lines 1-8 The Organization holds a raffle during its annual Fashion Show. The raffle is conducted by volunteers at an off-site location. 1 Tuition scholarships 335 619253 0 Housing scholarships 44 123454 0 Artists' Reserve Fund Scholarships 25 39727 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 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. Students' progress and enrollment is monitored as a routine part of their Ballet School studio work. In addition, Artist Reserve Fund has been established by collective bargaining agreement for the purpose of enhancing the efforts of the San Francisco Ballet to assist San Francisco Ballet dancers with career transition activities. San Francisco Ballet Grantees are required to submit documentation of approximate expenses for reimbursement with grant funds awarded. The organization reviews the documentation prior to reimbursement. X 1 1 X 0 1 0 0 0 0 0 0 0 Helgi Tomasson 624665 0 0 0 14750 0 113045 0 27943 0 780403 0 56052 0 Glenn McCoy 392725 0 25000 0 0 0 0 0 15706 0 433431 0 0 0 Thomas Flynn 203584 0 0 0 0 0 0 0 9441 0 213025 0 0 0 Kimberly Carim 162921 0 0 0 0 0 0 0 8236 0 171157 0 0 0 Yuan Yuan Tan 157810 0 0 0 0 0 0 0 7060 0 164870 0 0 0 Debra Ann Bernard 155200 0 0 0 0 0 0 0 12859 0 168059 0 0 0 Murray Bognovitz 144184 0 0 0 0 0 0 0 7807 0 151991 0 0 0 Pascal Molat 143243 0 0 0 0 0 0 0 6970 0 150213 0 0 0 Martin West 150461 0 0 0 0 0 0 0 10242 0 160703 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a First class air travel for business-related travel for Artistic Director. One listed person received the benefit. None of the benefit was treated as taxable compensation. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Contributions to the 457(b) plan during the fiscal year consisted of the following: Helgi Tomasson, Artistic Director, $25,000; Thomas Flynn, Development Director, $8,528; M. Glenn McCoy, Executive Director, $4,200. CA Infrastructure and Econ Development Bank 630304653 13033W6V0 2010-12-30 15600000 Refund Series 2008 Bonds 0 0 0 CA Infrastructure and Econ Development Bank 630304653 13033W6Y4 2010-12-30 25000000 Refunding of Series 2008 bonds 0 0 0 CA Infrastructure and Econ Development Bank 630304653 13033W6Y4 2010-12-30 5000000 Refunding of Series 2008 Bonds 0 0 0 0 15600000 15600000 0 0 0 0 0 0 0 0 0 2009 1 0 1 1 0 24416667 24837500 0 0 0 420833 0 0 0 0 0 2009 1 0 1 1 0 4883333 4967500 0 0 0 84167 0 0 0 0 0 2009 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 JPMorgan 26 0 0 0 0 0 0 0 0 0 0 0 0 1 1 JPMorgan 26 0 0 0 0 0 First Republic Bank Board of Trustees Vice-Chair is CEO of First Republic Bank 5805421 Unused letters of credit at First Republic Bank 0 First Republic Bank Board of Trustees Vice-Chair is CEP of First Republic Bank 4693000 Letter of credit on Series 2008 bonds 0 First Republic Bank Board of Trustees Vice-Chair is CEO of First Republic Bank 15800022 Private placement of Series 2010 bonds 0 First Republic Bank Board of Trustees Vice-Chair is CEP of First Republic Bank 141364 Cash payment of draw, line and letter of credit fees 0 JPMorgan Chase Trustee is Vice Chairman & Head of Investment Banking, Wester US JPMorgan 827009 Payment of interest on swap transaction 0 JPMorgan Chase Trustee is Vice Chairman & Head of Investment Banking, Wester US JPMorgan 4140406 Cash collateral posted by SFBA on swap transaction 0 Pacific Gas & Electric Trustee is President of PG&E 176528 Payment of utilities 0 AT&T Trustee is President of AT&T 166530 Payment of utilities 0 X 56 1990334 Fair Market Value X Misc Services 83 0 Opinions of experts 0 0 1 0 SchM_P01_S00_L25 Schedule M, Part I, Lines 25-28 Catering - $127,600; Advertising - $1,168,150; Legal - $112,563; Travel - $107,454; Other - $311,588 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 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 of 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. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a Trustees of the Association are elected by the Members for a term of three years. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b Members shall have, in addition to any other rights which may be granted to them under these 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 these By Laws (unless the By Law amendment is approved by the Board alone in accordance with the terms of the By-Laws). F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 was reviewed and approved at a meeting of the Audit Committee. Subsequent to that review, the Form 990 was posted on the Association's Trustee intranet website and Trustees were notified in writing of the availability of the Form 990 for their review. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Questionnaires are issued annually to 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 directly 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. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Association's process for determining the compensation of the Artistic Director, the Executive Director, and the CFO involved analysis of the compensation by the Compensation Committee. The Artistic Director and Executive Director have written employment contracts, the terms of which are approved by the Compensation Committee. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 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 six years available to the public via its website. Form 990, governing documents and conflict of interest policy is also available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains, net of $(3,945,066), receivable write-offs of $(109,292) and change in discount of $(17,615). San Francisco Ballet Endowment Foundation 455 Franklin Street San Francisco CA 94102 942747262 Investment of endowment funds CA 501(c)(3) Type I: 509(a)(3) N/A 1 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 1 0 1 San Francisco Ballet Endowment Foundation c 4607711 Income transfer. San Francisco Ballet Endowment Foundation e 44610000 Loan guarantee. San Francisco Ballet Endowment Foundation n 556424 Employees' salaries, taxes and benefits. San Francisco Ballet Endowment Foundation p 1274891 Expense reimbursements.