Nashville Ballet
3630 Redmon Street
Nashville TN 37209-4827
Kayla Rowser, Swan Lake 2014
Mission Statement

We create, perform, teach and promote dance as an essential and inspiring element of our community.

Leadership
CEO/Executive Director Mr. Paul Vasterling
Board Chair Mr. Neil Krugman
Board Chair Company Affiliation Waller Law
History & Background
Year of Incorporation 1986
Organization's type of tax exempt status 501-C3
Financial Summary
 
 
Projected Expenses $5,300,000.00
Projected Annual Revenue $5,300,000.00 (2017)
Statements
Mission

We create, perform, teach and promote dance as an essential and inspiring element of our community.

Background

Founded in 1984, Nashville Ballet has since become the largest professional ballet company in Tennessee presenting a varied repertoire of classical ballet and contemporary works by noted choreographers, including original works by Artistic Director & CEO Paul Vasterling. Nashville Ballet presents opportunities for Middle Tennesseans to experience ballet through classical, contemporary and family-friendly performances, all inspired by poetry in motion. Nashville Ballet and the second company NB2 (the official second company of Nashville Ballet) provide arts and educational experiences to more than 75,000 audience members annually through season performances, training at School of Nashville Ballet and Community Engagement programming: The performance season brings masterworks and original new works to the community at Tennessee Performing Arts Center, performed by a company of 24 full-time, Nashville-based artists. School of Nashville Ballet provides world-class instruction in ballet and other forms of dance to students of all ages each year. Community Engagement programs deliver interactive, educational performances to schools and community centers across Middle Tennessee, Northern Alabama and Southern Kentucky that integrate dance with core academic subjects such as reading, math, science, and social studies. As stated by the recently adopted Every Child Succeeds Act, the arts are a part of a well rounded education, and these programs support the State’s efforts to ensure developmental and academic standards are being met through a complete education. 

 
Impact

Nashville Ballet is committed to providing exceptional and accessible arts programming and opportunities to a diverse community through three primary initiatives: season performances, community engagement programs, and School of Nashville Ballet. Through these initiatives, Nashville Ballet makes a deep impact on thousands of individuals across Middle Tennessee and beyond.

Accomplishments

· Through its three arms of operations, Nashville Ballet currently provides artistic and educational experiences to more than 75,000 audience members, annually.

· In 2014 Nashville’s Nutcracker claimed the title of highest-attended performing arts event in Nashville when the holiday classic broke box office records with more than 22,000 tickets held. In 2015, this record was once again shattered when the production saw upwards of 24,000 attendees over its 13-performance run.

· Received nonprofit status from IRS for Nashville Ballet Foundation in 2016, which will now house endowment assets, bringing Nashville Ballet in line with fiscal best practices to protect these assets in a fully separate legal entity.

· The newly expanded and renovated Martin Center for Nashville Ballet opened to the public on May 30, 2015. The Grand Opening celebration welcomed nearly 1,300 community members to our space for free dance class demonstrations, food and fun. This capital project, while positively affecting all aspects of Nashville Ballet's business, has the largest impact on School of Nashville Ballet as it significantly increases capacity to train students of all ages in dance and fitness. 

· Nashville Ballet has steadily increased investments in community engagement initiatives, now contributing nearly $500,000 in direct and indirect resources towards its efforts. Aimed at eliminating the geographic and financial barriers to experiencing the arts by bringing quality educational performances out into the community, these initiatives are reaching the diverse communities of Middle Tennessee with breadth and depth: audience numbers grew by 20% from FY13 to FY14, and by 16% from FY14 to FY15. Annual reach now hovers around 40,000 audience members throughout 12+ Middle Tennessee counties annually.

· Selected to perform in the remounted series "Ballet Across America" at The John F. Kennedy Center for the Performing Arts in spring 2017, marking Nashville Ballet' Kennedy Center debut, a strategic goal.

Goals for 2016-2017

· Create a global artistic brand on the foundation of classical ballet and contemporary dance innovation by mounting original and masterworks that challenge Nashville Ballet's audiences, artists and collaborators.

· Invest in and grow School of Nashville Ballet as a preeminent school of dance, noted for its development of dance artists steeped in the foundation of the ballet tradition and their own personal, human development. Two new offerings, the Studio Division (launched fall 2015), which offers flexible dance training, and the Young Men's Scholarship Program (launching fall 2016), which offers comprehensive training to boys in an all-male environment, are key drivers to this success.

 · Create significant impact and broad engagement within our community by bringing arts education programming throughout Middle Tennessee. Strive to 1) create talent development, understanding and appreciation of the arts, and 2) mitigate the barriers of geography and socioeconomic status that prevent many from experiencing the arts first hand by delivering ballet that is accessible (free and performed in 50+ zip codes per year) 
 
 
 
 
Needs

Nashville Ballet’s $5.3 million budget is supported by ticket sales, school tuition revenue and contributions from individuals, corporate partners and government agencies. Earned revenue continues to be a stabilizing force for the company, however, maintaining a growing and diversifying source of contributed revenue is equally vital to Nashville Ballet's success and continued excellence. Thus, donor participation is critical in the following ways:

1) General Support and Membership: Donors who contribute unrestricted dollars to support Nashville Ballet's mission-critical activities are a part of our membership program. In exchange for your generosity and display of support, we provide an extensive program of membership benefits to allow donors to engage more deeply with the art and artists of Nashville Ballet.

2) Creation Fund: This Fund supports the furthering of new repertory, fulfilling a critical component of our mission. It ensures that Nashville Ballet programming will continue to be an exciting and innovative option for residents in Music City and beyond.

3) Pointe Shoe Fund: Pointe shoes are an essential tool to the art produced by Nashville Ballet. They are custom made by hand and cost an average of $75 per pair and typically last less than one week. Last season, our company dancers danced their way through 650 pairs, which cost nearly $50,000!
 
4) School of Nashville Ballet Scholarship Fund: School of Nashville Ballet offers dance training for all ages and abilities and takes seriously its role as a top-caliber educator in the community. Aiming to serve a student body that reflects the demographics of our Middle Tennessee region, need-based scholarships are awarded to provide tuition and supplies to qualifying students who demonstrate a passion for and commitment to dance. With the recent facility expansion, School of Nashville Ballet will have more physical space to accommodate a greater number of scholarship students. The value of a full academic year scholarship varies, averaging approximately $2,500 per student. Individual and Corporate gifts are gratefully accepted to help underwrite the costs associated with these scholarship enrollments. With the community's help, the school hopes to increase its scholarship student enrollment to account for 10% of the student body by 2020.

5) Sponsorship Support: Nashville Ballet relies on institutional support from locally owned and operated business and entrepreneurs throughout the business community. Sponsorships provide essential underwriting support needed to mount world-class productions on stage while offering an effective way to connect businesses to Nashville Ballet's patrons. Sponsorships also provide critical support for Community Engagement programs fund school scholarships. 

Other ways to donate, support, or volunteer Nashville Ballet graciously accepts your donations of time, talent and treasure!

-Cash donations may be made by mail, online at NashvilleBallet.com/individual-giving or by phone at phone 615.297.2966 x802.

-In-Kind donations are accepted in accordance with Nashville Ballet's Gift Acceptance Policy to generally include donated services and product. Please call 615.297.2966 x801 for more information.

-Corporate underwriting support, partnership and sponsorship opportunities are available for various programs and initiatives.  Please call 615.297.2966 x801 for more information.

-Support Nashville Ballet throughout the year and purchase a ticket package. Ticket Packages are custom-built and typically offer a 25% discount off all adult ticket purchases and up to a 50% discount on children's tickets. Call 615.297.2966 x710 or visit NashvilleBallet.com/ticket-packages for more information.

-Become a member of Nashville Ballet's premiere social and volunteer membership group, Friends of Nashville Ballet. As a Friend, you can build a relationship with staff and Company dancers through volunteer and leadership opportunities, special ticket and event discounts, and participating in signature FNB fundraising events. Call 615.297.2966 x803 or visit NashvilleBallet.com/Friends-Of-Nashville-Ballet for more information.
Service Categories
Primary Organization Category Arts,Culture & Humanities / Ballet
Secondary Organization Category Arts,Culture & Humanities / Arts Education
Tertiary Organization Category Arts,Culture & Humanities / Arts Education
Areas of Service
Areas Served
TN - Davidson
TN - Dickson
TN - Maury
TN - Rutherford
TN - Williamson
TN - Wilson
TN - Cheatham
TN - Lawrence
TN - Montgomery
TN - Sumner
TN - Bedford
TN - Franklin
KY
TN - Robertson
KY - Trigg
TN - Coffee
TN - Cumberland
TN - Houston
Nashville Ballet serves a large and diverse geographic area via performances, School of Nashville Ballet, and Community Engagement initiatives, expanding across Middle Tennessee and including areas of southern Kentucky and northern Alabama.  
Board Chair Statement

As the new President of the Board of Directors at Nashville Ballet, I am thrilled to have the opportunity to applaud Nashville Ballet’s recent accomplishments and share some very exciting things on our horizon. Serving as a member of the Board of Director since 2008, I have seen Nashville Ballet grow with sophistication, artistic integrity and effective pursuit of its mission. With consistent and strong leadership, Nashville Ballet is quickly taking not only Middle Tennessee by storm, but is rising to the occasion of being a respected and renowned company of national and international standing, as well.

Last season, we celebrated the 30th anniversary of presenting world-class dance to the greater Nashville community. During this time, we also hired Lisa French as the new Chief Operating Officer, a transition that comes when Nashville Ballet is the strongest it’s ever been. This stability combined with new leadership and vision ensures that Nashville Ballet is well-poised to take on the incredibly complex and ambitious goals set forth in the re-conceived Strategic Plan, launched in 2016.

The 2016-2017 season brings not only well-crafted and diverse programming to audiences with varied interests, but it will also bring our Kennedy Center debut! Nashville Ballet will perform at the John F. Kennedy Center for the Performing Arts in Washington, D.C. to open the Ballet Across America program in April 2017! We are especially proud to be hand-selected for this engagement by Misty Copeland, reaffirming the field’s interest in and respect for how we are making our mark as a ballet company in America.

Off the stage, Nashville Ballet is committed to serving our community, developing the talent of future artists and encouraging arts patronage in today’s youth. School of Nashville Ballet continues to grow at record rates. This year, we welcomed more than 300 students from around the country to practice their craft here in Music City, making the largest Summer Intensive in our history. Having successfully executed and completed a capital campaign in 2015, which provided the funding needed to expand and renovate our facility to accommodate growing demand for services in our school, we are already making impressive investments to optimize this new asset. The school launched the Studio Division in fall 2015 to accommodate the demand for more flexible schedules and training offerings, and in fall 2016 we launch the Young Men’s Scholarship Program, which is a tremendous testament to our commitment to diversity and accessibility, at once. Community engagement initiatives continue to permeate the diverse communities of Middle Tennessee, bringing 300+ educational ballet performances to audiences in 12+ counties, 50+ zip codes, and reaching 40,000 audience members.

The above merely scratches the surface of all that Nashville Ballet does each day to contribute to a vibrant cultural community. I confidently speak on behalf of all directors and officers when I say we are eager to govern Nashville Ballet through this exciting time of growth and expansion.

Neil Krugman, President

Nashville Ballet Board of Directors

CEO Statement
Nashville Ballet is firmly committed to the cultural well-being of Middle Tennessee. Our mission has 3 areas of focus: to create and present outstanding works of art that inspire, transform and lift the human spirit; to provide the highest standards in training with School of Nashville Ballet; and to create a love of dance and the arts in the community through innovative education and talent development.    

First and foremost, Nashville Ballet is a performing arts company whose artists, dancers and teachers reside in Nashville throughout the year. The main company presents a season repertoire of five full-scale productions, as well as narrated children’s ballets. We are committed to leveraging the incredible assets of Music Ciety by presenting programming in collaboration with some of Nashville's finest musicians, composers and designers to maintain a uniquely Nashville flair. 

 

Secondly, we strive to provide the highest level of professional and recreational dance training in the community.The elite faculty and staff of our School of Nashville Ballet provide world-class instruction for students of all ages and abilities. Programs offered include a Children’s Division, an Academy to train students who are interested in pursuing a professional dance career, as well as a Community Division offering a wide range of dance classes to adults promoting healthy, active lifestyles, regardless of skill level. The demand for these services has increased significantly and steadily since 2011. After multiple years of operating School classes at capacity with long wait lists, the Board of Directors approved a plan to renovate and expand the facility, equipping Nashville Ballet with the resources it needs to continue long-term growth. ELEVATE, Nashville Ballet’s Capital Campaign to renovate and expand our current facility, was launched in 2013 and completed in May 2015.

 

The third facet of our mission is Community Engagement programming, which brings interactive dance and arts education to 40,000 children and families in Middle Tennessee through interactive children's ballets. Stemming from the philosophy that the arts should be accessible to anyone and everyone, and responding to our nation’s continued decline of in-school arts offerings, these performances are designed to break down potential barriers to arts education and uphold the arts as a part of a well-rounded learning ecosystem.

 

Nashville Ballet perpetuates the successes of these three mission-critical aspects of our operations through sound and ambitious financial, artistic, marketing, sales, and development plans. We are proud and honored to serve Middle Tennessee with performances, dance education and outreach initiatives of the highest caliber.


Paul Vasterling, Artistic Director & CEO
Nashville Ballet

 

Programs
Description

The 2016-2017 season opens in September at TPAC with the beloved classic, Cinderella, featuring original choreography by Nashville Ballet Artistic Director & CEO Paul Vasterling. In October, Nashville Ballet presents the second iteration of the fall contemporary series with Something Wicked, a fully original concept to tell the story of Macbeth, leading the audience through a plot of murder, greed and deceit. Nashville’s Nutcracker is Nashville’s very own take on the holiday tradition, and brings this incredible story to life with more than 250 cast members and the Nashville Symphony Orchestra. Bringing the best of Nashville’s thriving arts community together to highlight some of the most unique and inspirational collaborations in Music City, this year’s winter contemporary series, Attitude, will feature the wildly successful contemporary ballet Under the Lights, set to the music of Johnny Cash, and a Nashville Ballet premiere of Sergaent Early’s Dream, set to early folk music and offering a glimpse into the origins of country music. The spring series will bring another world premiere to the stage with Seven Deadly Sins set to fully original music written and performed by the local singer-songwriter collective, Ten out of Tenn. The second program on the billing is Paul Vasterling’s Appalachian Spring, set to the iconic score by Aaron Copland. This year’s family ballet is Ferdinand the Bull, presented at The Martin Center for Nashville Ballet Complete with narration and a children’s interactive element, this performance leaves audiences of all ages delighted. After a one-year hiatus, Nashville Ballet will bring back the workshop-style series, Emergence to close the season, which showcases emerging art in an intimate setting. 


pasting
Budget 2,200,000
Category Arts, Culture & Humanities, General/Other
Population Served Adults, Children and Youth (0 - 19 years),
Description

An intrinsic part of Nashville Ballet’s mission is our commitment to the community through our Community Engagement program. These programs expose children, teens and adults to the artistry, beauty and athleticism of dance by providing unique performances that cultivate an interest in the arts. Through these far-reaching and accessible programs Nashville Ballet aims to eliminate geographic and financial barriers to arts and arts education, believing that this is how we build the arts patrons, artists and civic leaders of tomorrow, and that they are reflective of our region's rich diversity. Reaching 40,000 audience members annually, these programs take dancers, music and sets into schools, libraries and community centers throughout more than a dozen Middle Tennessee counties. Each of our school curriculum-based programs (for children pre-school all the way through high school) meet many of the developmental and academic standards set forth by the state of Tennessee and Metropolitan Nashville Public School (MNPS) system, and are interactive in nature, appealing to various learning styles and needs of all ages. Our Family and Community Programs introduce audiences to the art of dance with public performances and help us develop and cultivate educated viewers with a passion and appreciation for the arts. These programs provide a unique, intimate and educational experience for everyone in attendance. Community partners helping to deliver these programs include the Metro Nashville Public Library, Metro Parks and Recreation and Nashville Metro Public Schools. Public and private entities can learn more and book performances through our website.


pasting
Budget 500,000
Category Arts, Culture & Humanities, General/Other
Population Served Children and Youth (0 - 19 years), Adults,
Description

School of Nashville Ballet offers the highest quality dance training for students of all ages and experience levels. Qualified faculty provide a comprehensive dance education that is challenging and rewarding. Students are individually nurtured with expertise and sensitivity. With two campuses, School of Nashville Ballet provides a variety of training and recreational programs:  Children’s (ages 2-5), Academy (ages 6-18), Community (ages 13+), Professional Training (ages 16+), and Studio (8-18) Divisions. The new Young Men’s Scholarship Program (6-18) offers an emphasis on developing specific male technique and addressing the unique challenges that face young men.

School of Nashville Ballet also offers a nationally recognized Summer Intensive program. This 7-week training camp provides extensive instruction for serious dancers from all over the world and prepares students for a career in dance. Through an ongoing partnership with Belmont University, most students participating in the Summer Intensive stay in the Belmont residence halls while living in and exploring Nashville.

Nashville Ballet's commitment to accessibility extends beyond the Community Engagement programs: School of Nashville Ballet offers a limited number of need-based scholarships to students who have a passion for dance and a desire to study. Meeting income-qualifying standards and demonstrating an affinity for the art form, students selected for this program receive the opportunity to study through the entire curriculum at School of Nashville Ballet at no cost. Often, these students are recruited through the Community Engagement’s Residency program or through the Boys and Girls Club partnership, Project Plie.

Budget 1,300,000
Category Arts, Culture & Humanities, General/Other
Population Served Adults, Children and Youth (0 - 19 years),
CEO Comments

Nashville Ballet's artistic reputation has grown significantly in recent years, both nationally and internationally. This evolution has made us better poised to attract top-tier talent and diversify our repertoire with recent groundbreaking accomplishments such as: embarking on a dancer wage study to ensure competitive pay and working weeks, revamping the Strategic Plan to best address our changing artistic needs and goals and garnering approval to perform masterworks from the catalogues of Balanchine and Kylian. We are challenged to maintain a diverse and sophisticated performance season where the audience embraces our curatorial choices.

School of Nashville Ballet continues to experience a growth in demand for dance instruction for students of all ages. ELEVATE, Nashville Ballet's Capital Campaign to renovate and expand our current facility, was completed in May 2015. Providing us with much of the resources we needed to meet growing demand (namely space), we are now able to turn our attention to the further investment and management of ensuring we fill our seven dance studios with the best faculty, most accommodating classes and maintain The Martin Center for Nashville Ballet as a safe and nurturing place to dance.

Nashville Ballet maintains a commitment to serving our community in important ways, and has steadily increased its impact over recent years through the important work of our Community Engagement initiatives. Thanks to funding from corporate and private citizens to help underwrite the costs of bringing arts education to the many communities of our region, Nashville Ballet has been able to continue its investment in this arm of operations: we have grown the scope of these initiatives significantly in recent years, growing an average of 18% per year from FY13 to FY15 in audience reach, and now hold steady at impacting about 40,000 members of the community each year with innovative education programming, thanks to new grant funding. We are now challenged to maintain this service and grow in sophistication of our programs, as well as our ability to evaluate program effectiveness. Additional staffing will be required to support the many aspects of increased programming, such as managing bookings, training dancers with an increased repertory of ballets, measuring impact, moderating performances and adequately managing and caring for costumes and sets.

Board Chair
Board Chair Mr. Neil Krugman
Company Affiliation Waller Law
Term June 2016 to May 2018
Email neil.krugman@wallerlaw.com
Board Members
NameAffiliationStatus
Mrs. Meera Ballal Community VolunteerVoting
Mr. Lance Bloom CBREVoting
Dr. Kerri Cavanaugh Vanderbilt UniversityVoting
Ms. Monica Cintado-Scokin Community VolunteerVoting
Mrs. Lisa Cole Lewis, King, Krieg & WaldropVoting
Mrs. Laura Cooper Community VolunteerVoting
Mrs. Allison Cotton FordHarrisonExofficio
Mrs. Laura Currie Community VolunteerVoting
Mrs. Emmely Duncan Community VolunteerVoting
Mrs. Patricia Eastwood Caterpillar, Senior Corporate CounselVoting
Mrs. Lisa Ellis Siloam Family Health CenterVoting
Ms. Laurie Gold Eskind Community VolunteerVoting
Mr. Brian Fitzpatrick Vanderbilt Law SchoolVoting
Mr. Michael J. Fluck Bridgestone Americas TireVoting
Mrs. Catherine Gemmato-Smith Community VolunteerVoting
Mrs. MJ Graves Community VolunteerVoting
Mrs. Elizabeth Greer Community VolunteerVoting
Mr. Bill Haralson RetiredVoting
Mr. Gerard M. Hayden Jr.Health Stream, Inc.Voting
Mrs. Kay Heller Community VolunteerVoting
Mrs. Ashley Henry Community VolunteerVoting
Mrs. Kindy Hensler Parks in the Gulch RealtyVoting
Mr. B. Hunter Hill SunTrust RobinsonVoting
Mr. Mark Humphreys Humphreys & Partners ArchitectsVoting
Mrs. Martha Ivester Creative Artists AgencyVoting
Ms. Charlyn Jarrells Community VolunteerVoting
Mr. Jay Joyner Joyner & Hogan Printing CompanyVoting
Mrs. Mary Morgan Ketchel Community VolunteerVoting
Mr. Neil Krugman Dickinson & WrightVoting
Mr. Sylvain Lapointe Royal Alliance Associates, Inc.Voting
Mrs. Sandra Lipman Community VolunteerVoting
Mrs. Dionne Lucas Tantus ManufacturingVoting
Mrs. Lindsey Lundy NFIBNonVoting
Mrs. Melissa Mahanes Community VolunteerExofficio
Mrs. Adrienne McRae Community VolunteerVoting
Mr. Don Moody Waller LawVoting
Mr. Roger Moore Vanderbilt UniversityVoting
Mr. James F. Munro Community VolunteerVoting
Mrs. Anissa Nelson-Carlisle DeloitteVoting
Mr. Stephen Peluso Regions BankVoting
Mrs. Jennifer Puryear Community VolunteerVoting
Mrs. Sarah Reisner Manier & HerodVoting
Mrs. Sharon Sandahl Community VolunteerVoting
Mrs. Vee Vee Scott Community VolunteerVoting
Mrs. Mary Jo Shankle Community VolunteerVoting
Ms. Susan Short Jones HCA Inc.Voting
Mr. Dan Slipkovich Capella HealthcareVoting
Mr. Joe A. Sowell IIIHCAVoting
Mrs. Mary Spalding Community VolunteerVoting
Mrs. Julie Stadler Dance NetworkVoting
Ms. Angie M. Swinford CapStar BankVoting
Mrs. Heather Thorne Community VolunteerVoting
Mrs. Barbara Turner Community VolunteerVoting
Mrs. Johnna Benedict Watson Benefits, Inc.Voting
Mr. Bradley D. Wensel CPM HealthgradesVoting
Mrs. Dallas Wilt Community VolunteerVoting
Mrs. Rachel Zamata Rachel Odom LawVoting
Board Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 1
Caucasian 53
Hispanic/Latino 1
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 19
Female 36
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 77%
Does the organization have written Board Selection Criteria? Yes
Does the organization have a written Conflict of Interest Policy? Yes
Percentage of Board Members making Monetary Contributions 100%
Percentage of Board Members making In-Kind Contributions 4%
Does the Board include Client Representation? Yes
Number of Full Board Meetings Annually 5
Standing Committees
Advisory Board
Executive
Finance
Nominating
Building
Community Outreach / Community Relations
Marketing
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Human Resources / Personnel
Investment
Risk Management Provisions
Automobile Insurance
Commercial General Liability & D and O & Umbrella or Excess & Automobile & Professional
Computer Equipment & Software
Additional Board Members
NameAffiliation
Mrs. Clare Armistead Community Volunteer
Mrs. Lucie Carroll Community Volunteer
Mrs. Nancy Cheadle Community Volunteer
Mr Gary Crigger Community Volunteer
Mrs. Linda Dale Community Volunteer
Mrs. Suann Davis Community Volunteer
Mr. Pat Emery Retired
Mr. Patrick G. Emery Spectrum Emery Properties
Dr. Morel Enoch Harvey Retired
Mrs. Annette S. Eskind Community Volunteer
Mrs. Karyn Frist Community Volunteer
Mrs. Joan Gallivan Community Volunteer
Mr. Don Greene Association Marketing Group
Mr. Lynn Greer Greer Investment Company
Mrs. Martha Ingram Ingram Industries
Mrs. Amy Joyner Bank of Nashville
Mr. Eugene Lotochinski Community Volunteer
Mrs. Ellen Martin Community Volunteer
Mrs. Cathy C. McLure Community Volunteer
Mr. Lannie Neal Community Volunteer
Mrs. Elizabeth Nichols Insite Property Company
Mrs. Emily Noel Community Volunteer
Mrs. Linda Reeve Community Volunteer
Mrs. Nora Rich Community Volunteer
Mr. Dudley Richter Richter's
Mrs. Anne Sheperd Community Volunteer
Mrs. Lucy Smith Fridrich & Clark Realty LLC
Mrs. Leah Sohr Vision Designs
Mr. Jim Todd Jim Todd Law
Mrs. Claire W. Tucker CapStar Bank
Mrs. Patsy Weigel Community Volunteer
CEO Comments In order to effectively serve its mission, it is of utmost importance to Nashville Ballet leaders that the organization conscientiously strives for a governing body that is reflective of the community it serves. In that aim, Nashville Ballet's board nomination process has been intentionally revised in recent years. Board selection is a considerable task, lead by the Nominating Committee with one of many goals to achieve diversity in all respects: race, socioeconomic, business and trade, age, and others. The scope of responsibilities for board members are comprehensive, clearly articulated and taken very seriously to accomplish goals and properly govern all aspects of the organization.
Executive Director/CEO
Executive Director Mr. Paul Vasterling
Term Start June 2010
Email pvasterling@nashvilleballet.com
Experience Paul Vasterling became Artistic Director of Nashville Ballet in 1998, ten years after he began his association with the company as a dancer and, later, a choreographer. In the spring of 2010, the Board appointed Vasterling CEO of Nashville Ballet. A choreographer with a deep affinity for music, Vasterling has created more than 40 works, ranging from classical, full-length story ballets to more contemporary one-acts set to the music of local artists. Vasterling's penchant and particular gift is for storytelling, which he has done vividly in such ballets as Dracula and Romeo and Juliet. A Magna Cum Laude graduate of Loyola University, Vasterling also received a Fulbright Scholarship (2004), enabling him to work with three companies in Argentina, paving the way for a subsequent tour there for Nashville Ballet. Under his leadership, the company's resources have grown by close to 300 percent and Nashville Ballet became the first local performing arts organization to purchase its own building. He has transformed a group of 12 professional dancers into a company of 23, and established a pre-professional second company of 25 dancers. Vasterling has shaped Nashville Ballet into a company high on artistry, as well as commanding technical ability and virtuosity.
Former CEOs
NameTerm
Ms. Andrea Dillenburg June 2006 - May 2010
Mr. Paul Kaine Jan 2002 - Apr 2006
Staff
Full Time Staff 49
Part Time Staff 84
Volunteers 200
Contractors 40
Retention Rate 82%
Plans & Policies
Does the organization have a documented Fundraising Plan? Yes
Does the organization have an approved Strategic Plan? Yes
Number of years Strategic Plan Considers 4
When was Strategic Plan adopted? May 2008
In case of a change in leadership, is a Management Succession plan in place? Yes
Does the organization have a Policies and Procedures Plan? Yes
Does the organization have a Nondiscrimination Policy? Yes
Affiliations
AffiliationYear
AFP (Association of Fundraising Professionals)2002
ANE (Association of Nonprofit Executives)2002
Center for Nonprofit Management Excellence Network2000
National Endowment for the Arts1998
Nashville Arts Coalition2004
Tennesseans for the Arts2000
Tennessee Association of Dance1998
Americans for the Arts1998
Tennessee Literacy Coalition2005
Metro Arts Commission1998
Tennessee Arts Commission1998
Chamber of Commerce1994
National Dance Education Organization2006
Dance USA2006
Awards
Award/RecognitionOrganizationYear
Best Dance StudioNashville Parent Magazine2012
Best Performing Arts Organization; Ballet Revival - Cinderella; Best Modern Dance Collaboration - Nashville Ballet & ALIAS Chamber Ensemble; Best Dance SchoolNashville Scene2012
Company dancer, Kayla Rowser, featured in the "25 to Watch" list; Company dancer Sadie Bo Harris personal essay; Paul Vasterling profileDance Magazine2012
Martha Aus, Finalist for the Nashville Business Journal Chief Finance Officer AwardNashville Business Journal2012
Top Performing Arts group (based on number of performances, including outreach)Nashville Business Journal2012
Cover feature following Ballet Ball 2013 with Ben FoldsnFocus Magazine2013
Best Performing Arts OrganizationNashville Scene2014
Best Late PartynFocus2013
Hottest Party, Ballet BallnFocus2014
CFO Award Finalist, Martha AusNashville Business Journal2014
Best Performing Arts GroupNashville Scene2015
Best Ballet Series, EmergenceNashville Scene2015
Best Place to Dance, School of Nashville BalletNashville Scene2015
Best Place to Exercise and Also Feel Fancy, School of Nashville Ballet Community DivisionNashville Scene2015
Best Choreographer, Gina PattersonNashville Scene2015
Senior Staff
Title Director of Artistic Operations
Experience/Biography
Title Director of Sales & Marketing
Experience/Biography
Title Director of Finance & Administration
Experience/Biography
Title Director of Production
Experience/Biography
Title Director of Development
Experience/Biography
Title School Director
Experience/Biography
Title Chief Operating Officer
Experience/Biography
 
 
Fiscal Year
Fiscal Year Start June 01 2016
Fiscal Year End May 31 2017
Projected Revenue $5,300,000.00
Projected Expenses $5,300,000.00
Endowment Spending Policy Income Only
Endowment Spending Percentage (if selected) 4%
Detailed Financials
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201520142013
Total Revenue$5,611,352$7,169,600$4,945,767
Total Expenses$5,288,959$4,757,230$4,126,782
Revenue Less Expenses$322,393$2,412,370$818,985
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$355,639$1,351,382$0
Government Contributions$0$243,500$253,250
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$0$243,500$253,250
Individual Contributions$1,748,745$2,529,236$2,163,992
$0$0$0
$2,690,289$2,429,777$2,209,219
Investment Income, Net of Losses$16,272$50,648$17,908
Membership Dues$0$0$0
Special Events$452,127$371,491$277,952
Revenue In-Kind$287,471$120,332$17,178
Other$60,809$73,234$6,268
Expense Allocation
Fiscal Year201520142013
Program Expense$4,403,413$3,973,894$3,571,126
Administration Expense$202,124$162,592$138,167
Fundraising Expense$683,422$620,794$417,489
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.061.511.20
Program Expense/Total Expenses83%84%87%
Fundraising Expense/Contributed Revenue27%14%15%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$12,671,957$6,166,889$6,166,889
Current Assets$3,117,485$2,117,400$1,552,284
Long-Term Liabilities$5,078,539$1,714,844$1,714,844
Current Liabilities$1,054,175$647,515$647,515
Total Net Assets$6,539,243$3,804,530$3,804,530
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities2.963.272.40
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets40%28%28%
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountProgram Revenue $2,690,289Contributions and Gifts $2,529,236Program Service Revenue (Earned) $2,209,219
Second Highest Funding Source & Dollar AmountContributions, Gifts, and Grants $1,748,745Program Service Revenue (Earned) $2,429,777Contributions, Gifts, and Grants $2,163,992
Third Highest Funding Source & Dollar AmountFundraising Events $452,127Foundations and Corporations $1,351,382Fundraising Events $277,952
IRS Letter of Exemption
Capital Campaign
Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? Yes
Campaign Purpose Nashville Ballet publicly launched ELEVATE, the campaign to build the future of Nashville Ballet in August 2014. The newly expanded and renovated home of Nashville Ballet at The Martin Center opened to the public in May 2015, and fundraising efforts successfully continue towards the $8.2 million project. This campaign makes possible the addition of 3 dance studios, and provides customers with a better experience through expanded lobby areas and increased restrooms. The campaign also supported the creation of sets, props, and costumes for Peter Pan, a world-premiere Paul Vasterling ballet in 2013.
Capital Campaign Goal $5,500,000.00
Campaign Start and End Dates Jan 2013 to May 2016
Capital Campaign Raised-to-Date Amount $5,500,000.00 as of July 2015
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitations Permit
TN Charitable Solicitations Registration Yes - Expires Nov 2016
Solicitations Permit
Nashville Ballet 2016 Permit
Organization Comments

Nashville Ballet's recent Capital Campaign has impacted contributions and expense items reported on the prior two years' financial statements and tax returns.  We have attempted to delineate an approximation of this impact on our most recent Federal Form 990, Schedule O, in an effort to show the continued financial strength of the organization independent of the capital campaign.  Furthermore, expected contributions and expenses for the current year are not included in the operational budget but will be reported on year-end audited financial statements and tax returns.

GivingMatters.com Financial Comments
Financial figures taken from audit.
Financial documents prepared by Kraft CPAs PLLC.
Comments provided by Kathryn Bennett 2/2/16.
Nonprofit Nashville Ballet
Address 3630 Redmon Street
Nashville, TN 37209 4827
Primary Phone (615) 297-2966
Contact Email info@nashvilleballet.com
CEO/Executive Director Mr. Paul Vasterling
Board Chair Mr. Neil Krugman
Board Chair Company Affiliation Waller Law
Year of Incorporation 1986