Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $16,103,226

• 1c · Fundraising events

  $3,381,566

• 1d · Related organizations

  $10,813,438

• 1e · Government grants (contributions)

  $2,546,100

• 1g · Noncash contributions included above

  $4,362,614

• 2a · Program service revenue: PERFORMANCE & TOURING

  total $21,366,369 · related or exempt $21,366,369

• 2b · Program service revenue: SCHOOL & STUDENT HOUSING

  total $5,312,941 · related or exempt $5,312,941

• 2c · Program service revenue: OUTREACH

  total $56,680 · related or exempt $56,680

• 3 · Investment income

  total $229,386 · excluded $229,386

• 5 · Royalties

  total $2,194 · excluded $2,194

• 6a · Gross rents

  real property $444,737 · personal property $125,090

• 6b · Less rental expenses

  real property $203,701 · personal property $0

• 6c · Rental income or loss

  real property $241,036 · personal property $125,090

• 6d · Net rental income or loss

  total $366,126 · related or exempt $125,090 · unrelated business $148,176 · excluded $92,860

• 7a · Gross sales of assets other than inventory

  securities $4,027,345

• 7b · Less cost or other basis and sales expenses

  securities $4,018,910

• 7c · Gain or loss

  securities $8,435

• 7d · Net gain or loss

  total $8,435 · excluded $8,435

• 8a · Fundraising events: gross income

  $1,051,562

• 8a · Fundraising events: contributions included on line 1c

  $3,381,566

• 8b · Fundraising events: direct expenses

  $1,910,427

• 8c · Net income from fundraising events

  total -$858,865 · excluded -$858,865

• 10a · Gross sales of inventory

  $606,103

• 10b · Cost of goods sold

  $457,233

• 10c · Net income from sales of inventory

  total $148,870 · unrelated business $18,927 · excluded $129,943

• 11a · Other revenue: FACILITY FEE

  total $209,013 · excluded $209,013

• 11b · Other revenue: ORCHESTRA RECORDINGS

  total $44,455 · excluded $44,455

• 11d · All other revenue

  total $22,654 · excluded $22,654

• 11e · Other revenue, total

  $276,122

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,583,765 · program services $1,583,765

• 5 · Compensation of officers, directors and key employees

  total $2,147,856 · program services $905,812 · management and general $1,242,044

• 7 · Other salaries and wages

  total $30,063,985 · program services $26,683,368 · management and general $2,137,938 · fundraising $1,242,679

• 8 · Pension plan contributions

  total $2,729,990 · program services $2,660,764 · management and general $43,176 · fundraising $26,050

• 9 · Other employee benefits

  total $4,663,142 · program services $4,261,116 · management and general $275,035 · fundraising $126,991

• 10 · Payroll taxes

  total $2,628,883 · program services $2,283,835 · management and general $244,200 · fundraising $100,848

• 11b · Fees: legal

  total $340,308 · program services $116,343 · management and general $223,965

• 11c · Fees: accounting

  total $117,864 · management and general $117,864

• 11f · Fees: investment management

  total $3,711 · management and general $3,711

• 11g · Fees: other

  total $1,153,109 · program services $242,732 · management and general $891,440 · fundraising $18,937

• 12 · Advertising and promotion

  total $2,397,589 · program services $2,395,347 · management and general $454 · fundraising $1,788

• 13 · Office expenses

  total $1,645,415 · program services $1,371,972 · management and general $141,299 · fundraising $132,144

• 14 · Information technology

  total $706,558 · program services $9,232 · management and general $672,054 · fundraising $25,272

• 15 · Royalties

  total $733,559 · program services $733,559

• 16 · Occupancy

  total $2,042,308 · program services $1,495,013 · management and general $536,888 · fundraising $10,407

• 17 · Travel

  total $702,438 · program services $653,634 · management and general $34,131 · fundraising $14,673

• 20 · Interest

  total $2,507,749 · management and general $2,507,749

• 22 · Depreciation, depletion and amortization

  total $1,312,122 · program services $1,082,394 · management and general $179,945 · fundraising $49,783

• 23 · Insurance

  total $542,505 · program services $2,142 · management and general $540,363

• 24a · Other expenses: COSTUME SETS AND PROPS

  total $1,165,844 · program services $1,165,844

• 24b · Other expenses: DANCE MEDICINE

  total $335,752 · program services $335,752

• 24c · Other expenses: EQUIPMENT EXPENSE

  total $182,420 · program services $128,801 · management and general $53,619

• 24d · Other expenses: UBI TAXES

  total $65,029 · program services $56,470 · management and general $8,559

• 24e · All other expenses

  total $982,532 · program services $2,287,266 · management and general -$1,616,213 · fundraising $311,479

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,850,001 · end of year $3,396,082

• 2 · Savings and temporary cash investments

  beginning of year $289,601 · end of year $3,507,249

• 3 · Pledges and grants receivable

  beginning of year $2,388,194 · end of year $2,064,245

• 4 · Accounts receivable

  beginning of year $182,871 · end of year $91,821

• 8 · Inventories for sale or use

  beginning of year $53,733 · end of year $59,983

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,491,283 · end of year $4,648,678

• 10a · Land, buildings and equipment: cost or other basis

  $63,459,703

• 10b · Land, buildings and equipment: accumulated depreciation

  $48,058,370

• 10c · Land, buildings and equipment, net

  beginning of year $18,930,684 · end of year $15,401,333

• 11 · Investments: publicly traded securities

  beginning of year $626,349 · end of year $617,527

• 15 · Other assets

  beginning of year $6,274,036 · end of year $8,649,463

• 17 · Accounts payable and accrued expenses

  beginning of year $6,122,215 · end of year $6,097,544

• 19 · Deferred revenue

  beginning of year $6,160,198 · end of year $6,880,631

• 20 · Tax-exempt bond liabilities

  beginning of year $29,363,001 · end of year $24,829,559

• 23 · Secured mortgages and notes payable

  beginning of year $3,900,000 · end of year $3,900,000

• 25 · Other liabilities

  beginning of year $8,094,788 · end of year $12,228,831

• 27 · Net assets without donor restrictions

  beginning of year -$19,488,033 · end of year -$20,446,432

• 28 · Net assets with donor restrictions

  beginning of year $2,934,583 · end of year $4,946,248

The filer's explanations (Part III)

PART I, LINE 1A

FIRST CLASS/CHARTER TRAVEL 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 PERIODICALLY REQUESTS THAT THE ARTISTIC DIRECTOR MAKE TRIPS TO NATIONAL DANCE CENTERS SUCH AS NEW YORK OR OTHER PLACES AS DEEMED APPROPRIATE, AND COULD MAKE AT LEAST ONE TRIP TO EUROPE EACH YEAR. GENERALLY, FOR ALL BUSINESS TRIPS, SHOULD THE DURATION OF ANY FLIGHT BE TWO HOURS OR GREATER, SUCH TRAVEL SHALL BE BUSINESS CLASS, EXCEPT IT MAY BE FIRST CLASS IF NO CARRIER HAS BUSINESS CLASS AVAILABLE. NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION.

PART I, LINE 4A

THE FOLLOWING FORMER OFFICER RECEIVED A SEVERANCE PAYMENT. THE SEVERANCE PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION: KELLEY TWEEDDALE $204,875

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.