2024-05-15T12:28:19-05:00 2023-06-30 340677006 MALONEY NOVOTNY LLC 4774 MUNSON STREET NW SUITE 402 CANTON OH 447183634 990 2022-07-01 346608636 CANTON BALLET CANT 3304557220 1001 MARKET AVE NORTH CANTON OH 44702 RUSS PHILLIPS III TREASURER 3304557220 2024-05-15 1 RUSS PHILLIPS III 999009999 0 MARK CRAWFORD P00438633 3309669400 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RUSS PHILLIPS III 1001 MARKET AVE N CANTON OH 44702 708781 0 X WWW.CANTONBALLET.COM X 1966 OH FOSTERING AN APPRECIATION OF THE ART OF DANCE AND PROVIDING THE HIGHEST QUALITY OF INSTRUCTION 11 11 8 143 850 0 385054 190664 380083 477906 489 3566 17296 14584 782922 686720 37741 39643 0 0 386478 399205 0 0 16629 275567 337796 699786 776644 83136 -89924 590466 488919 164302 135096 426164 353823 X CANTON BALLET IS A NON-PROFIT ORGANIZATION COMMITTED TO FOSTERING AN APPRECIATION OF THE ART OF DANCE WITHIN THE LOCAL COMMUNITY AND DEDICATED TO PROVIDING THE HIGHEST ARTISTIC QUALITY OF INSTRUCTION BY OPERATING A SCHOOL FOR ALL AGES AND SKILL LEVELS AND A PRE-PROFESSIONAL COMPANY WITH OPPORTUNITIES FOR THE SERIOUS OR CAREER-ORIENTED STUDENT AT THE ADVANCED LEVEL. 0 0 583650 39643 477056 CANTON BALLET OFFERS A PRE-PROFESSIONAL COMPANY AND SCHOOL WITH PROFESSIONAL FACULTY OPERATED YEAR-ROUND FOR OVER 250 STUDENTS AGES TODDLER THROUGH ADULT. 583650 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 8 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DEBORAH SHERROD-BARATH 3304557220 1001 MARKET AVE N CANTON OH 44702 PAMELA SHAW TRUSTEE 1.00 X 0 0 0 RYAN MCMICHAEL PRESIDENT 1.00 X X 0 0 0 CHRISTINE PETERSON TRUSTEE 1.00 X 0 0 0 ALETHA CARVER SECRETARY 1.00 X X 0 0 0 MARIA CHARIF TRUSTEE 1.00 X 0 0 0 EMILY GORDON VICE PRESIDENT 1.00 X X 0 0 0 COLE BOND VICE PRESIDENT 1.00 X X 0 0 0 STEPHANIE CARGILL TRUSTEE 1.00 X 0 0 0 KIMBERLY PHILLIPS TRUSTEE 1.00 X 0 0 0 RUSS PHILLIPS TREASURER 1.00 X X 0 0 0 ANTHONY WOLTERS TRUSTEE 1.00 X 0 0 0 MICHELE DUNN TRUSTEE 1.00 X 0 0 0 CASSANDRA CROWLEY ARTISTIC AND EXECUTIVE DIR 40.00 X 66782 0 15095 JENNIFER HAYWARD ARTISTIC DIRECTOR 40.00 X 50125 0 12463 116907 0 27558 0 0 0 0 0 72444 6901 26488 84831 190664 TUITION 611600 267330 267330 PERFORMANCE 211100 210576 209726 850 477906 3566 3566 34521 22061 12460 12460 MISCELLANEOUS 711120 2124 2124 2124 686720 477056 850 18150 X 39643 39643 147082 109704 27581 9797 192458 156508 32566 3384 5968 4816 1020 132 29587 24359 4925 303 24110 18987 4248 875 16200 16200 2822 2822 78766 26276 52490 42767 38491 2138 2138 13286 5281 8005 28328 26793 1535 39 39 16434 15448 986 9849 6964 2885 PRODUCTION & RELATED EX 70536 70536 OTHER 20915 2130 18785 SECURITY 18288 18288 THEATRE RENTAL 13251 13251 6315 6175 140 776644 583650 176365 16629 148304 155089 7257 3973 145715 3780 0 1877 500260 437527 75939 62733 213251 231399 0 30068 590466 488919 9494 7127 102208 48187 52600 49714 0 30068 164302 135096 X 297911 181218 128253 172605 426164 353823 590466 488919 -89924 17583 0 X 0 1 X 1 0 X 230021 231521 296217 385054 190664 1333477 230021 231521 296217 385054 190664 1333477 1333477 1824 359 1516 489 3566 7754 12728 7202 19930 46962 51442 23960 25304 36645 184313 1545474 2286712 0.86280 0.85740 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 2,840. 2019 AMOUNT: $ 12,997. 2020 AMOUNT: $ 19,070. 2021 AMOUNT: $ 1,818. 2022 AMOUNT: $ 2,124. GROSS REVENUE FROM FUNDRAISING EVENTS - 2018 AMOUNT: $ 44,122. 2019 AMOUNT: $ 38,445. 2020 AMOUNT: $ 4,890. 2021 AMOUNT: $ 23,486. 2022 AMOUNT: $ 34,521. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 213251 18148 231399 229191 -15940 213251 177609 51582 229191 179687 -2078 177609 177917 1770 179687 0.47092 0.19650 0.33258 1 0 93964 51058 42906 406296 386469 19827 62733 SCF POOL OF INVESTMENTS 231399 F 231399 RIGHT OF USE ASSET 30068 30068 OPERATING LEASE LIABILITY 30068 30068 X 899951 17583 198470 216053 683898 2822 2822 686720 972292 198470 198470 773822 2822 2822 776644 PART V, LINE 4: USE OF ENDOWMENT FUNDS, THE BALLET USES ITS ENDOWMENT FUNDS TO SUPPORT ITS OPERATING NEEDS. ENDOWMENT FUNDS ARE APPROPRIATED BASED ON AN APPROVAL PROCESS THROUGH THE BOARD. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE, THE BALLET IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME, WHICH IS PRIMARILY FROM ADVERTISING REVENUE AND PRODUCT SALES. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, MANAGEMENT DETERMINED THAT ANY LIABILITY FOR TAX WOULD BE IMMATERIAL. THE BALLET BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. NUTCRACKER 25466 25466 5380 ALICE IN WONDERLAND BOUTIQUE 4795 4795 15330 4 4260 4260 1351 34521 34521 22061 22061 12460 1 SCHOLARSHIPS 19 39643 BOOK PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS, THE CANTON BALLET ISSUES SCHOLARSHIPS TO ALLOW STUDENTS TO ATTEND CLASSES AT THE CANTON BALLET. OTHER SCHOLARSHIPS ARE GRANTED AS A CHECK WRITTEN DIRECTLY TO THE SCHOOL THAT THE DANCER IS ATTENDING. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS 18 YEARS OF AGE AND OLDER SHALL BE CLASSIFIED AS VOTING MEMBERS. FIRMS, CORPORATIONS, ASSOCIATIONS, PARTNERSHIPS, AND OTHER ORGANIZED GROUPS OF INDIVIDUALS SHALL BE CLASSIFIED AS NON-VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEETING OF THE MEMBERS, THE TRUSTEES SHALL BE ELECTED. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990, THE ORGANIZATION RECEIVES A COPY OF FORM 990 TO REVIEW FOR ACCURACY AND COMPLETENESS BEFORE THE RETURN IS FILED. THE RETURN IS REVIEWED BY THE FINANCE COMMITTEE. ONCE THE RETURN IS DEEMED TO BE COMPLETE AND ACCURATE, IT IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING OF CONFLICT OF INTEREST POLICY, EACH YEAR, BOARD MEMBERS ARE ASKED TO READ AND THEN SIGN THE CONFLICT OF INTEREST STATEMENT. PRIOR TO VOTES, BOARD MEMBERS ARE ASKED IF THERE IS ANY REASON THAT THEY SHOULD ABSTAIN FROM A VOTE DUE TO A CONFLICT OF INTEREST. IF THE ANSWER IS YES, IT IS RECORDED ALONG WITH THEIR REASON FOR THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION, THE BALLET'S ARTISTIC & EXECUTIVE DIRECTOR COMPLETES A SELF-EVALUATION. THE PERSONNEL COMMITTEE REVIEWS AND COMMENTS ON IT, THEN MEETS WITH THE EMPLOYEE TO DISCUSS AND CONFIRM. THIS EVALUATION IS PERFORMED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF GOVERNING DOCUMENTS, COPIES OF THE BALLET'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE BOARD OF TRUSTEES. FORM 990, PART IX, LINE 11G OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 26,276. MANAGEMENT AND GENERAL EXPENSES 52,490. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,766.