Civic Intelligence

Festival Ballet Albuquerque

990 • Fiscal year 2016 • EIN 27-1993089

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

535 Black Bear Rd NEAlbuquerque, NM 87122

(505) 440-6330

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.86x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.11x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Net Margin

32nd percentile

-4.9%

Higher net margin than 32% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$2,622

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$22,279

Down $5,923 (-21%) from 2015

Net Assets

Down

$3,051

Down $8,454 (-73%) from 2015

Liabilities

Up

$19,228

Up $2,531 (+15%) from 2015

Revenue

Up

$169,420

Up $27,792 (+20%) from 2015

Expenses

Up

$177,761

Up $24,118 (+16%) from 2015

Net Income

Up

-$8,341

Up $3,674 (+31%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2010: $6,952Net Assets 2010: $6,9522010Assets 2011: $43,391Liabilities 2011: $9,250Net Assets 2011: $34,1412011Assets 2012: $50,004Liabilities 2012: $7,299Net Assets 2012: $42,7052012Assets 2013: $44,492Liabilities 2013: $15,507Net Assets 2013: $28,9852013Assets 2014: $40,559Liabilities 2014: $17,039Net Assets 2014: $23,5202014Assets 2015: $28,202Liabilities 2015: $16,697Net Assets 2015: $11,5052015Assets 2016: $22,279Liabilities 2016: $19,228Net Assets 2016: $3,0512016Assets 2017: $26,199Liabilities 2017: $19,535Net Assets 2017: $6,6642017Assets 2018: $42,811Liabilities 2018: $15,893Net Assets 2018: $26,9182018Assets 2019: $44,132Liabilities 2019: $94Net Assets 2019: $44,0382019Assets 2020: $90,709Liabilities 2020: $5Net Assets 2020: $90,7042020Assets 2021: $30,736Liabilities 2021: $9Net Assets 2021: $30,7272021Assets 2022: $44,480Liabilities 2022: $23Net Assets 2022: $44,4572022Assets 2023: $75,030Liabilities 2023: $27Net Assets 2023: $75,0032023Assets 2024: $16,846Liabilities 2024: $28Net Assets 2024: $16,8182024Assets 2025: $38,593Liabilities 2025: $7,982Net Assets 2025: $30,6112025

Highlighted filing

2016

Assets$22,279
Liabilities$19,228
Net Assets$3,051

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $53,818Expenses 2010: $46,866Net Income 2010: $6,9522010Revenue 2011: $122,418Expenses 2011: $95,229Net Income 2011: $27,1892011Expenses 2012: $189,3312012Revenue 2013: $165,678Expenses 2013: $179,398Net Income 2013: -$13,7202013Revenue 2014: $162,228Expenses 2014: $167,693Net Income 2014: -$5,4652014Revenue 2015: $141,628Expenses 2015: $153,643Net Income 2015: -$12,0152015Revenue 2016: $169,420Expenses 2016: $177,761Net Income 2016: -$8,3412016Revenue 2017: $171,908Expenses 2017: $168,083Net Income 2017: $3,8252017Revenue 2018: $219,419Expenses 2018: $199,108Net Income 2018: $20,3112018Revenue 2019: $399,268Expenses 2019: $382,067Net Income 2019: $17,2012019Revenue 2020: $192,700Expenses 2020: $146,034Net Income 2020: $46,6662020Revenue 2021: $124,006Expenses 2021: $183,983Net Income 2021: -$59,9772021Revenue 2022: $261,402Expenses 2022: $247,672Net Income 2022: $13,7302022Revenue 2023: $346,440Expenses 2023: $315,894Net Income 2023: $30,5462023Revenue 2024: $178,872Expenses 2024: $237,057Net Income 2024: -$58,1852024Revenue 2025: $261,013Expenses 2025: $247,220Net Income 2025: $13,7932025

Highlighted filing

2016

Revenue$169,420
Expenses$177,761
Net Income-$8,341
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$170,706
Mission and Program Overview

Mission

The corporation is formed for educational and charitable purposes, within the meaning of section 501(c)(3) of the internal revenue code of 1986, to further the appreciation and advancement in the community of the art of dance, to provide performance and educational opportunities to students of dance, and to provide opportunities for this community to be enriched through the public performance of dance, and to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit of financial gain, except as permitted under the new mexico nonprofit corporation act.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,056$14,466▼ $7,590
Cash and Non-Interest-Bearing Accounts$5,003$6,833▲ $1,830
Savings and Temporary Cash Investments$893$730▼ $163
Prepaid Expenses and Deferred Charges$250$250→ $0
Total Assets$28,202$22,279▼ $5,923
Liabilities
Other Liabilities$16,697$19,228▲ $2,531
Total Liabilities$16,697$19,228▲ $2,531
Net Assets / Fund Balance
Unrestricted Net Assets$11,505$3,051▼ $8,454
Total Net Assets Fund Balance$11,505$3,051▼ $8,454
Total Liabilities and Net Assets / Fund Balance$28,202$22,279▼ $5,923

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,466$58,302$72,768
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia Dickinson WellsDirector/choreographerPT$2,622$2,622

Board Members and Trustees

NameTitle
Edward K MerewetherExecutive President/director
Eva Rios OrnelasDirector
Louis GianniniDirector
Noelle WallaceSecretary
Linda M SedilloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,607
Program Service Revenue
$100,741
Investment Income
$0
Other Revenue
$9,072
All Other Contributions
$24,832
Change in Net Assets
$-8,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,040
Salaries, Compensation, and Employee Benefits$4,721
Total Fundraising Expense$1,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$108,901--$108,901
Occupancy$22,174$3,900-$26,074
Office Expenses$16,219$1,106-$17,325
Advertising$6,741-$1,355$8,096
Depreciation Depletion$7,590--$7,590
Other Salaries and Wages-$4,360-$4,360
Insurance$2,034--$2,034
Fees for Services Accounting-$1,507-$1,507
Interest$1,035--$1,035
Travel$468--$468
Payroll Taxes-$361-$361
Fees for Services Legal-$10-$10
Total Functional Expenses$165,162$11,244$1,355$177,761
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,358
Fundraising Direct Expenses$1,286
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Due$11,204
Line of Credit$6,475
Bank of the West Credit Card$1,083
Payroll Taxes$466
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Election of members and their rights subject to the authority of the board of directors to designate and appoint one or more committees as provided in these bylaws, all corporate powers shall be exercised by or under autority of, and the affairs and property of fba shall be controlled by its board of directors, which shall consist of not less that three (3) and not more that ten (10) directors (not including any es officio directiors). The number of directors may be increased or decreased form time to time by a majority vote of the board of directors; but in no event shall the board of directors consist of less than three (3) directors. In the event the number of directors is increased, the vacancies so created will be filled in the manner specified in sect 5.4 of the articles. There shall be no special qualifications for eligibility for membership on the board of directors; and a person need not be resident of the state of new mexico to be eligible for election or appointment as director. Ex officio directors shall be non-voting members of the board of directors, and shall not be counted in the determination of a quorum.

Form 990, Part VI, Section A, Line 7B

Decisions subject to approval of members the power to adopt, amend or repeal the bylaws or adopt new bylaws shall be vested in the board of directors. Such adoption, amendment or repeal requires a vote of at least two-thirds (2/3) of those directors present at a meeting in which such vote is taken, provide that a quorum has been attained at such meeting.

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990 a copy of the form 990 is provided to the president of the board. The president reviews the return, signs and submits the efile authorization form to the tax preparer upon approval of the information contained within the return. The return is then electronically filed with the irs.

Form 990, Part VI, Section C, Line 19

Governing documents are made available upon request. Available in hard copy at the offices of the registered agent.

Filing and Contact Details

Filer

Filer Name
Festival Ballet Albuquerque
EIN
27-1993089
Phone
5054406330
Address
535 BLACK BEAR RD NE, ALBUQUERQUE, NM 87122

Signing Officer

Name
Edward Merewether
Title
President
Phone
5054406330
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Merewether
Formed
2009
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
2

Preparer

Firm
Cliftonlarsonallen Llp
Address
6501 AMERICAS PARKWAY NE SUITE 500, ALBUQUERQUE, NM 87110
Preparer
Linda M Sedillo Ea
Phone
5058428290
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To further the appreciation and advancement in the community of the art of dance, to provide performance and educational opportunities to students of dance, and to provide opportunities for the community to be enriched through the public performance of dance.

Form 990, Part I, Line 6

All board members volunteer their time to the organization for an estimated total of 669 hours. List of in-kind services included business consulting, marketing and board of director duties valuated at $10,546; accounting services valued at $3,900; and administrative and managerial operations valued at $20,000.

Form 990, Part III, Line 1

The corporation is formed for educational and charitable purposes, within the meaning of section 501(c)(3)of the internal revenue code of 1986, to further the appreciation and advancement in the community of the art of dance, to provide performance and educational opportunities to students of dance, and to provide opportunities for the community to be enriched through the public performance of dance, and to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit of financial gain, except as permitted under the new mexico nonprofit corporation act.

Form 990, Part III, Line 4A

In march, "petite performance" to raise funds for regional dance america southwest trip to baton rouge, la. In april, fba traveled to baton rouge, la as the only performing member dance company from new mexico in the regional dance america southwest festival. In may, fba performed at national hispanic cultural center with all new choreography including midsummer nights dream. Fba also performed peter and the wolf in collaboration with the new mexico philharmonic for six shows for over 6000 school children including one performance specifically dedicated for people of all ages with autism. In august, fba held auditions for the 2016-2017 season with over 100 in attendance. In october, fba produced "dracula, a love story" at national hispanic cultural center. In november, fba performed two onsite aps elementary school shows as part of the urban enhancement trust fund city of albuquerque grant. In addition, fba produced the music and dance annual benefit. In december, fba performed excerpts of the nutcracker in the land of enchantment at rio rancho senior citizen community. Fba also produced nutcracker in the land of enchantment in collaboration with national hispanic cultural center for 4 performances including over 125 professional musicians, dancers, designers and stage crew. Furthermore, fba provided a free full final dress rehearsal performance of nutcracker in the land of enchantment to over 500 clients of area health and human resource organizations including those serving the homeless, domestically abused women and children, physically and mentally challenged individuals, families of incarcerated men and women, clients of educational initiative programs, title 1 students, many current clients of halfway houses, and children involved in grief counseling. Last but not least, fba provided a school time performance of excerpts of nutcracker in the land of enchantment for over 400 children from title 1 schools at greatly reduced fee.

Form 990, Part IX, Line 11G

Artistic/choreographers/musicn: program service expenses 49,661. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,661. Graphic design: program service expenses 338. Management and general expenses 0. Fundraising expenses 0. Total expenses 338. Lighting: program service expenses 7,095. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,095. Stage crew: program service expenses 14,229. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,229. Technical crew: program service expenses 9,937. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,937. Video/ dvd production: program service expenses 2,963. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,963. Performance supplies: program service expenses 5,871. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,871. Props/costume/cartage rental: program service expenses 5,989. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,989. Regional dance america fees: program service expenses 10,630. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,630. Program/ ticket printing: program service expenses 2,188. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,188.

FORM 990, PART XI, LINE 9:

Non deductible penalties -113.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt425
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt056437
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01000
IRS990/PYOtherExpensesAmt0148287
IRS990/PYOtherRevenueAmt06895
IRS990/PYProgramServiceRevenueAmt077296
IRS990/PYRevenuesLessExpensesAmt0-12015
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IRS990/PYTotalExpensesAmt0153643
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0141628
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-8341
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0100741
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0893
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0730
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt01415
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt059607
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt056437
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt051384
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt071393
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt079002
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0317823
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0100741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt077296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0115201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt096864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0126363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0516465
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt010358
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt010543
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt020901
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct00.99830
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt01415
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01415
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0170706
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0144276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0166585
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0168257
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0205365
IRS990ScheduleA/Total509Grp/TotalAmt0855189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0170706
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0144276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0166585
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0168257
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0205365
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0855189
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014466
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058302
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2466
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt311204
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BANK OF THE WEST CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LOAN DUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014466
IRS990ScheduleD/TotalLiabilityAmt019228
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO FURTHER THE APPRECIATION AND ADVANCEMENT IN THE COMMUNITY OF THE ART OF DANCE, TO PROVIDE PERFORMANCE AND EDUCATIONAL OPPORTUNITIES TO STUDENTS OF DANCE, AND TO PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO BE ENRICHED THROUGH THE PUBLIC PERFORMANCE OF DANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS VOLUNTEER THEIR TIME TO THE ORGANIZATION FOR AN ESTIMATED TOTAL OF 669 HOURS. LIST OF IN-KIND SERVICES INCLUDED BUSINESS CONSULTING, MARKETING AND BOARD OF DIRECTOR DUTIES VALUATED AT $10,546; ACCOUNTING SERVICES VALUED AT $3,900; AND ADMINISTRATIVE AND MANAGERIAL OPERATIONS VALUED AT $20,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION IS FORMED FOR EDUCATIONAL AND CHARITABLE PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE OF 1986, TO FURTHER THE APPRECIATION AND ADVANCEMENT IN THE COMMUNITY OF THE ART OF DANCE, TO PROVIDE PERFORMANCE AND EDUCATIONAL OPPORTUNITIES TO STUDENTS OF DANCE, AND TO PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO BE ENRICHED THROUGH THE PUBLIC PERFORMANCE OF DANCE, AND TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OF FINANCIAL GAIN, EXCEPT AS PERMITTED UNDER THE NEW MEXICO NONPROFIT CORPORATION ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN MARCH, "PETITE PERFORMANCE" TO RAISE FUNDS FOR REGIONAL DANCE AMERICA SOUTHWEST TRIP TO BATON ROUGE, LA. IN APRIL, FBA TRAVELED TO BATON ROUGE, LA AS THE ONLY PERFORMING MEMBER DANCE COMPANY FROM NEW MEXICO IN THE REGIONAL DANCE AMERICA SOUTHWEST FESTIVAL. IN MAY, FBA PERFORMED AT NATIONAL HISPANIC CULTURAL CENTER WITH ALL NEW CHOREOGRAPHY INCLUDING MIDSUMMER NIGHTS DREAM. FBA ALSO PERFORMED PETER AND THE WOLF IN COLLABORATION WITH THE NEW MEXICO PHILHARMONIC FOR SIX SHOWS FOR OVER 6000 SCHOOL CHILDREN INCLUDING ONE PERFORMANCE SPECIFICALLY DEDICATED FOR PEOPLE OF ALL AGES WITH AUTISM. IN AUGUST, FBA HELD AUDITIONS FOR THE 2016-2017 SEASON WITH OVER 100 IN ATTENDANCE. IN OCTOBER, FBA PRODUCED "DRACULA, A LOVE STORY" AT NATIONAL HISPANIC CULTURAL CENTER. IN NOVEMBER, FBA PERFORMED TWO ONSITE APS ELEMENTARY SCHOOL SHOWS AS PART OF THE URBAN ENHANCEMENT TRUST FUND CITY OF ALBUQUERQUE GRANT. IN ADDITION, FBA PRODUCED THE MUSIC AND DANCE ANNUAL BENEFIT. IN DECEMBER, FBA PERFORMED EXCERPTS OF THE NUTCRACKER IN THE LAND OF ENCHANTMENT AT RIO RANCHO SENIOR CITIZEN COMMUNITY. FBA ALSO PRODUCED NUTCRACKER IN THE LAND OF ENCHANTMENT IN COLLABORATION WITH NATIONAL HISPANIC CULTURAL CENTER FOR 4 PERFORMANCES INCLUDING OVER 125 PROFESSIONAL MUSICIANS, DANCERS, DESIGNERS AND STAGE CREW. FURTHERMORE, FBA PROVIDED A FREE FULL FINAL DRESS REHEARSAL PERFORMANCE OF NUTCRACKER IN THE LAND OF ENCHANTMENT TO OVER 500 CLIENTS OF AREA HEALTH AND HUMAN RESOURCE ORGANIZATIONS INCLUDING THOSE SERVING THE HOMELESS, DOMESTICALLY ABUSED WOMEN AND CHILDREN, PHYSICALLY AND MENTALLY CHALLENGED INDIVIDUALS, FAMILIES OF INCARCERATED MEN AND WOMEN, CLIENTS OF EDUCATIONAL INITIATIVE PROGRAMS, TITLE 1 STUDENTS, MANY CURRENT CLIENTS OF HALFWAY HOUSES, AND CHILDREN INVOLVED IN GRIEF COUNSELING. LAST BUT NOT LEAST, FBA PROVIDED A SCHOOL TIME PERFORMANCE OF EXCERPTS OF NUTCRACKER IN THE LAND OF ENCHANTMENT FOR OVER 400 CHILDREN FROM TITLE 1 SCHOOLS AT GREATLY REDUCED FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELECTION OF MEMBERS AND THEIR RIGHTS SUBJECT TO THE AUTHORITY OF THE BOARD OF DIRECTORS TO DESIGNATE AND APPOINT ONE OR MORE COMMITTEES AS PROVIDED IN THESE BYLAWS, ALL CORPORATE POWERS SHALL BE EXERCISED BY OR UNDER AUTORITY OF, AND THE AFFAIRS AND PROPERTY OF FBA SHALL BE CONTROLLED BY ITS BOARD OF DIRECTORS, WHICH SHALL CONSIST OF NOT LESS THAT THREE (3) AND NOT MORE THAT TEN (10) DIRECTORS (NOT INCLUDING ANY ES OFFICIO DIRECTIORS). THE NUMBER OF DIRECTORS MAY BE INCREASED OR DECREASED FORM TIME TO TIME BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS; BUT IN NO EVENT SHALL THE BOARD OF DIRECTORS CONSIST OF LESS THAN THREE (3) DIRECTORS. IN THE EVENT THE NUMBER OF DIRECTORS IS INCREASED, THE VACANCIES SO CREATED WILL BE FILLED IN THE MANNER SPECIFIED IN SECT 5.4 OF THE ARTICLES. THERE SHALL BE NO SPECIAL QUALIFICATIONS FOR ELIGIBILITY FOR MEMBERSHIP ON THE BOARD OF DIRECTORS; AND A PERSON NEED NOT BE RESIDENT OF THE STATE OF NEW MEXICO TO BE ELIGIBLE FOR ELECTION OR APPOINTMENT AS DIRECTOR. EX OFFICIO DIRECTORS SHALL BE NON-VOTING MEMBERS OF THE BOARD OF DIRECTORS, AND SHALL NOT BE COUNTED IN THE DETERMINATION OF A QUORUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DECISIONS SUBJECT TO APPROVAL OF MEMBERS THE POWER TO ADOPT, AMEND OR REPEAL THE BYLAWS OR ADOPT NEW BYLAWS SHALL BE VESTED IN THE BOARD OF DIRECTORS. SUCH ADOPTION, AMENDMENT OR REPEAL REQUIRES A VOTE OF AT LEAST TWO-THIRDS (2/3) OF THOSE DIRECTORS PRESENT AT A MEETING IN WHICH SUCH VOTE IS TAKEN, PROVIDE THAT A QUORUM HAS BEEN ATTAINED AT SUCH MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COPY OF THE FORM 990 IS PROVIDED TO THE PRESIDENT OF THE BOARD. THE PRESIDENT REVIEWS THE RETURN, SIGNS AND SUBMITS THE EFILE AUTHORIZATION FORM TO THE TAX PREPARER UPON APPROVAL OF THE INFORMATION CONTAINED WITHIN THE RETURN. THE RETURN IS THEN ELECTRONICALLY FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. AVAILABLE IN HARD COPY AT THE OFFICES OF THE REGISTERED AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ARTISTIC/CHOREOGRAPHERS/MUSICN: PROGRAM SERVICE EXPENSES 49,661. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,661. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 338. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 338. LIGHTING: PROGRAM SERVICE EXPENSES 7,095. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,095. STAGE CREW: PROGRAM SERVICE EXPENSES 14,229. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,229. TECHNICAL CREW: PROGRAM SERVICE EXPENSES 9,937. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,937. VIDEO/ DVD PRODUCTION: PROGRAM SERVICE EXPENSES 2,963. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,963. PERFORMANCE SUPPLIES: PROGRAM SERVICE EXPENSES 5,871. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,871. PROPS/COSTUME/CARTAGE RENTAL: PROGRAM SERVICE EXPENSES 5,989. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,989. REGIONAL DANCE AMERICA FEES: PROGRAM SERVICE EXPENSES 10,630. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,630. PROGRAM/ TICKET PRINTING: PROGRAM SERVICE EXPENSES 2,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,188.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NON DEDUCTIBLE PENALTIES -113.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt028202
IRS990/TotalAssetsEOYAmt022279
IRS990/TotalAssetsGrp/BOYAmt028202
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IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt059607
IRS990/TotalEmployeeCnt02
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011244
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0165162
IRS990/TotalFunctionalExpensesGrp/TotalAmt0177761
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt019228
IRS990/TotalLiabilitiesGrp/BOYAmt016697
IRS990/TotalLiabilitiesGrp/EOYAmt019228
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011505
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03051
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0165162
IRS990/TotalProgramServiceRevenueAmt0100741
IRS990/TotalReportableCompFromOrgAmt02622
IRS990/TotalRevenueGrp/ExclusionAmt09072
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0100741
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0169420
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028202
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0468
IRS990/TravelGrp/TotalAmt0468
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt011505
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IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087122
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0FESTIVALBALLETABQ.ORG
IRS990/WhistleblowerPolicyInd00
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-11
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MD
ReturnHeader/FilingSecurityInformation/IPTm011:10:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
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ReturnHeader/PreparerPersonGrp/PhoneNum05058428290

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.39$0.08$0.31$2.61$2.47$0.14
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$1.79$2.37$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.75$3.46$3.16$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$2.61$2.48$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.31$1.24$1.84$0.60
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$1.93$1.46$0.47
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$3.99$3.82$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.16$0.27$2.19$1.99$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.20$0.07$1.72$1.68$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.19$0.03$1.69$1.78$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.17$0.12$1.42$1.54$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.17$0.24$1.62$1.68$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.16$0.29$1.66$1.79$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.07$0.43$1.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.09$0.34$1.22$0.95$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.54$0.47$0.07