City Ballet Inc.

“A copy of the organization's 990 is given to each Board member for review prior to a board meeting. At the next board meeting, the President of the Board goes over the return and asks if any further explanation is needed.”

“Before a board member is voted to serve on the board, he or she is questioned regarding and possible conflict of interest.”

“Compensation is determined by the Board of Directors for Key Employee and CEO annually when the budget is approved. The Key Employee and CEO is Jo Anne Emery.”

“Governing documents and conflict of interest policy are in the organization's by laws. Financial statements are made available upon request and a copy of the organizations' 990 is posted on the website of Guidestar.”

“We received a letter dated June 9, 2022 that said our return filed on Nov 13, 2021 had our EIN listed incorrectly. We were asked to correct and to file electronically.”

“Due to COVID-19 pandemic and the Health Department restrictions, City Ballet was unable to present its normal season productions in theaters with a live audience in attendance, instead, City Ballet presented its season's productions and conducted its education programs virtually.”

“This amount includes fees paid directly to theaters for stagehands employed while City Ballet filmed productions for release online. It also included fees paid to the Theatrical Payroll Services for wages, workman's compensation insurance, payroll taxes, pension and vacation pay for stagehands' Union #122 for the production filmed at Spreckels Theatre and for the live performances that were part of the 'Concerts in Your Car' series.”

“Intangible Assets - This amount represents the live auction revenue that was not included in the prior year's return by mistake.”

“Physical Assets: productions, costumes, and equipment.”