Form 990 for tax year 2022
Filed by CINCINNATI BALLET FOUNDATION INC.
Totals
- Total revenue
- -$364,772
- Total expenses
- $757,633
- Contributions and grants received
- $25,290
- Grants paid
- $702,424
- Program service revenue
- $0
- Investment income
- -$390,062
- Other revenue
- $0
- Total assets, end of year
- $14,996,518
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $14,996,518
- Program services expenses (Part IX)
- $702,424
- Management and general expenses
- $55,209
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $702,424
Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$25,290
-
3 · Investment income
total $399,625 · excluded $399,625
-
7a · Gross sales of assets other than inventory
securities $5,431,567
-
7b · Less cost or other basis and sales expenses
securities $6,221,254
-
7c · Gain or loss
securities -$789,687
-
7d · Net gain or loss
total -$789,687 · excluded -$789,687
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $702,424 · program services $702,424
-
11f · Fees: investment management
total $55,209 · management and general $55,209
Balance sheet
Part X, book values.
-
7 · Other notes and loans receivable
beginning of year $1,500,000 · end of year $1,375,000
-
11 · Investments: publicly traded securities
beginning of year $13,210,386 · end of year $13,621,518
-
27 · Net assets without donor restrictions
beginning of year $6,243,087 · end of year $6,392,546
-
28 · Net assets with donor restrictions
beginning of year $8,467,299 · end of year $8,603,972
Mission and programs · 2022
Mission
Supporting organization of Cincinnati Ballet Company, Inc.
-
To support the programs of the Cincinnati Ballet Company, Inc.
Expenses $702,424 · Grants $702,424
As filed on the 2022 return.
Listed in Part VII
-
Scott Altman
Director
- Total calculated
- $305,445
- From this org
- $0
- From related orgs
- $283,539
- Other
- $21,906
- Hours/week
- 2 + 42 related
Schedule J breakdown matched by us
- Base
- $0 + $283,539 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $6,500 related
- Nontaxable benefits
- $0 + $15,406 related
- Filer's total
- $0 + $305,445 related
-
Michael Bailes
Director
- Total calculated
- $0
- Hours/week
- 1
-
Debbie Brant
Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Kelly Brown
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Joe Dehner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kristin Fishbaugh
Director
- Total calculated
- $0
- Hours/week
- 1
-
Madelynn Matlock
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Robert Pitcairn
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda Sheakley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Stein
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joel Stone
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joseph Carolin
VP of Finance/CFO
- Total calculated
- $155,016
- From this org
- $0
- From related orgs
- $142,389
- Other
- $12,627
- Hours/week
- 2 + 42 related
Schedule J breakdown matched by us
- Base
- $0 + $142,389 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $7,127 related
- Nontaxable benefits
- $0 + $5,500 related
- Filer's total
- $0 + $155,016 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- Compensation is determined by related party.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$702,424
Operation Assistance
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
The Cincinnati Ballet Company Inc
501(c)(3) · Inspire hope & joy in the community through dance · OH
-
501(c)(3) · Exclusively for the support and benefit of The Cincinnati Ballet Company. · OH
Directly controlled by Cincinnati Ballet Company Inc
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 June 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421589349301217
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