Sierra Nevada Ballet

“Description: miscellaneous income. Amount: 2,538. Description: interest income. Amount: 33. Total to form 990-ez, line 8: 2,571.”

“Description: depreciation. Amount: 1,771. Description: other expenses. Amount: 23,046. Total to form 990-ez, line 14: 24,817.”

“Description: advertising. Amount: 5,073. Description: accounting software. Amount: 359. Description: video and audio production. Amount: 2,119. Description: reimbursed expenses. Amount: 7,960. Description: marketing. Amount: 3,260. Description: licenses and permits. Amount: 300. Description: equipment rental. Amount: 180. Description: insurance. Amount: 1,387. Description: costume alterations. Amount: 4,288. Description: miscellaneous. Amount: 1,397. Description: dues and subscriptions. Amount: 459. Description: web site. Amount: 1,000. Description: bank fees. Amount: 82. Description: dance workshop. Amount: 100. Description: education. Amount: 586. Description: flowers. Amount: 92. Description: travel and ent. Amount: 14,577. Description: donation. Amount: 151. Description: supplies. Amount: 535. Description: office/ gen admin. Amount: 1,076. Description: arts organizations. Amount: 175. Description: performance expense. Amount: 363. Description: program expense. Amount: 85. Description: photography. Amount: 1,562. Description: interest expense. Amount: 57. Total to form 990-ez, line 16: 47,223.”

“Description: other depreciable assets. Beg. Of year amount: 3,658. End of year amount: 6,965.”

“Reason for amended return: part 1 contributions increased by $14,000 as these were inadvertantly recorded as a loan. Professional fees increased by $4,500 as it included contract labor that was inadvertently reflected as a loan payment. Occupancy, rent, utilities, etc. Was reduced by $1,779, this was attributable to a reduction in rent expense of $1,000 due to a voided check and a reduction of depreciation expense of $778.52 by suppressing bonus depreciation on the new asset reported during this tax period. Other expenses increased by $57 due to interest expense on the loan transactions listed above. Overall the net deficit was reduced by $11,222. Part ii cash, savings and investments increased by $3,000 as a result of reporting voided checks in the appropriate fiscal year. Other assets increased by $779 due to the change in depreciation expense reported above. Total liabilities decreased by $7,443 as there were loan transactions inadvertently reported which were reclassified to contributions and payments mentioned in part i. Overall the net assets increased by $11,222. Schedule o was updated to reflect the changes reported to occupancy, rent, utilities, etc and other expenses as reported in part i above.”