2010-2011 ANNUAL REPORT Table of Contents

Letter from the CEO 1

Cincinnati Ballet Dancers 2

Marketing Report 3

Development Report 6

Education & Outreach Report 8

Cincinnati Ballet Otto M. Budig Academy Report 10

Finance Report 12

Cincinnati Ballet 2010-2011 Board of Trustees 14

Donor Honor Roll 14

Cincinnati Ballet Staff 16 DEAR CINCINNATI BALLET LOVERS, Cincinnati Ballet concludes another fiscally and artistically successful year in its Our Strategic Plan focuses on the creation of world 2010—2011 Season. We have established a consistent and successful structure premieres. This is essential so Cincinnati Ballet for our Season offerings – a balance of world premieres, classic favorites, and can develop a style that uniquely defines us and proven successes. Beginning with The Kaplan New Works Series in September, makes the company a worthy organization for we presented local choreographers and composers, working together to create touring. Touring would add more dancer weeks of brand new dance and composition. The result was a breadth of ideas from employment and lift our dancers to greater heights. the wonderful, haunting work of Peter Adams with Heather Britt to Ka-Ron We attained that goal with the world premiere of The Brown Lehman’s fantastical fairytale with impressionistic music from Michael Firebird, brought to life by the dynamic artistic team, Chertok. Internationally celebrated Jessica Lang offered For Always, Forever in Adam Hougland, Marion Williams, and Trad A Burns. honor of the 25th wedding anniversary of Julie and Steve Shifman with music To prove we also had our classical chops, we paired by Shostakovich. There was Sergey Sergiev’s contemporary and mechanized The Firebird with one of Balanchine’s most technically rendition of Art of Noise, and a masked Janessa Touchet, danced to the difficult neo-classical ballets,Theme and Variations – rhythmical music of Daniel Joseph Dorff. We also got a sneak preview of the sexy a varied and brilliant evening of dance! and joyful work for our last series of the season by Missy Lay Zimmer and Andrew Hubbard. The end of the season experimental success was our collaboration with Over the Rhine, Infamous The Sleeping Beauty, choreographed after Marius Petipa by Associate Artistic Love Songs. Three very different world premieres Director Devon Carney was the perfect fairytale hit. Classic tutus, outrageous – by three very different types of choreographers – characters, lavish costumes, with music by Tchaikovsky, played by our Cincinnati breathed life onto the stage lifted by the live sounds Symphony Orchestra (thanks to the tremendous support of the Louise Dieterle of Karin Bergquist’s voice and the music that has Nippert Musical Arts Fund) – a triumph! The Sleeping Beauty brought Cincinnati made Over the Rhine an internationally beloved Ballet back to Cincinnati’s beloved Music Hall for the first time in five years. band. Devon Carney, Donald Byrd and Missy Lay Zimmer with Andrew Hubbard each found ways We said goodbye to our ten-year-old Frisch’s Presents The Nutcracker and began of revealing the words, mood, rhythm and shape the preparation and celebration for a brand new world premiere Nutcracker for of every song, filling our dancers’ bodies with new December 2011! expressions and sensuality. Roaring standing ovations closed our season. As I watched, I thought, this is A Midsummer Night’s Dream included the theatrical skills of Brian Isaac Phillips the manifestation of what we were meant to be. Our and two fantastic actors from Cincinnati Shakespeare Company, which clarified house is full, our sponsors are many and our dancers and made the danced narrative humorous and accessible – great fun! are hot. It doesn’t get much better than that!

Victoria Morgan, Artistic Director & CEO 1 Principal dancers

CERVILIO Oğulcan SARAH Anthony JANESSA MIGUEL Borova HAIRSTON Krutzkamp TOUCHET AMADOR Dancers

Senior sOLOIST SOLOISTS Corps de ballet ZACK Gema Liang FU DAWN DANIELLE JOSHUA GRUBBS Diaz KELLY BAUSINGER BODDEN

Courtney SELAHATTIN Courtney Stephen Jill MAIZYALET Connor ERKAN Hellebuyck Jacobsen Marlow VELÀZQUEZ

New Dancers APPRENTICES Kelly James jacqueline Kayleigh Samuel Abigail Yankle Cunningham damico Gorham Jones Maruna Morwood

CB II Kevin Erin Travis Sara Grace Thomas Terry Crall Guerin Hays Reeves Caleb Roberts

Trainees

Nicole Samantha Brianna Tony Voris DeBenedictis Habel Lee Sewer 2010–2011 Season Photography: Peter Mueller

2 Marketing report Marketing brought Cincinnati Ballet all over the region to meet current and future audiences face to face, wherever they gather. The Nutcracker alone visited more than 20 holiday events, including Krohn Conservatory, Frisch’s locations in Northern Kentucky and Eastgate, Fountain Square, IKEA in West Chester, Cincinnati Museum Center, Cincinnati Art Museum and many more. Outstanding social media practices and in-your- neighborhood appearances connected audiences with the brand and the dancers.

Cincinnati Ballet’s image was everywhere in 2010–2011, with broad visibility on billboards, airwaves and in newspapers, community appearances and buzz all throughout Cincinnati’s social media. Television appearances increased by 57% over last year; print stories increased by 15%; total impressions (based on circulation figures) grew by 98%; Twitter followers leapt from 900 to 2,600 and Facebook “Likes” quadrupled. Marketing launched a strong social media-fueled “whisper” campaign, promising a surprise on December 26, which was the announcement of a brand new Nutcracker in 2011. Cincinnati Enquirer broke the exclusive story. With a dedicated mini-site, direct mail and social media blitz, Cincinnati Ballet launched the individual campaign, a unique marketing-development partnership where a contribution gave customers the ability to pre-purchase tickets.

In pricing, average ticket price increased by $2.85, an increase of 7%, compared with Consumer Price Index rise of 2.7% over the previous year, indicating that consumers attach strong value to tickets. Marketing achieved this not by raising prices, but by offering fewer discounted tickets. Marketing’s strategic mandate is to “fill every seat”. Although the focus on raising average ticket price brought an annual ticket sale revenue increase ($80,000), the number of paid seats declined by 2%. Next season’s challenge is to increase audience numbers as well as average ticket price, with a focus on two important types of limited discounts: subscription sales and group sales. Applying pricing knowledge gathered in 2010–2011, Marketing is launching a new policy of demand pricing to increase revenue in 2011–2012 and appropriately price and fill the house.

Top Right: Sarah Hairston, Top Left: Janessa Touchet, Bottom: Cincinnati Ballet Dancers • Photography: Peter Mueller

3 The Kaplan New Works Series Frisch’s Presents The Nutcracker [6 World Premieres] December 16–26, 2010 • Aronoff Center for the Arts September 9–19, 2010 “Since 1974, Cincinnati Ballet’s presentation of Frisch’s Mickey Jarson Kaplan Performance Studio Presents The Nutcracker has delighted thousands with “New Works means many things to me: It is the sheer its moments of magic, opulent celebrations and faraway adventure of new ideas. It is the chance to see art in journeys.” Victoria Morgan creation, and to foster the creativity of established and “The depth of talent in the Cincinnati Ballet has grown emerging artists. It is the opportunity to challenge the enormously in recent seasons.” David Lyman minds and bodies of our extraordinary dancers.” Victoria Morgan, Artistic Director and CEO Subscription sales $12,720.25 91% of goal Single ticket sales $654,694.62 107% of goal “For die-hard arts lovers, it rarely gets more exhilarating than this.” David Lyman, Cincinnati Enquirer Group sales $145,370.00 110% of goal Subscription sales $39,103.30 109% of goal Seats sold 18,088 98% of goal Single ticket sales $39,262.50 115% of goal Student matinee 2,498 seats Group sales $6,627.50 121% of goal Average ticket price $43.94 (list price $30-80) Seats sold 2,147 109% of goal Average ticket price $39.36 (list price $45-50) A Midsummer Night’s Dream February 11–13, 2011 • Aronoff Center for the Arts “A Midsummer Night’s Dream is – without a doubt – The Sleeping Beauty [World Premiere] Shakespeare’s best comedy. The work is so profoundly October 22–24, 2010 • Music Hall universal that it works in any artistic discipline, whether “The Sleeping Beauty was first performed in 1890 (with it’s visual art, opera, ballet, on the theater stage or in film.” choreography by Marius Petipa). Stylistically, I wanted Brian Isaac Phillips, Dramaturg to preserve the artistic feel of the original. But dancers move differently from how they did 120 years ago. Legs “And when it’s done – especially the first act – you’re left go higher. Turns last longer. Dancers of today are more longing for more. What a wonderful feeling.” David Lyman technically proficient. They display more movement, Subscription sales $95,747.30 106% of goal more buoyancy, more freedom. Dancers are more Single ticket sales $115,101.50 96% of goal exuberant.” Devon Carney, Choreographer Group sales $29,745.50 112% of goal “The story is familiar and fanciful, a combination sure to please audiences. The Tchaikovsky score is lush and Seats sold 5,482 100% of goal extraordinarily melodic. And it is packed with small Student matinee 1,126 seats but delicious character roles that showcase company Average ticket price $42.11 (list price $30-80) dancers...A performance worthy of Tchaikovsky’s sumptuous score.” David Lyman, Cincinnati Enquirer Subscription sales $94,070 102% of goal Single ticket sales $132,454.50 88% of goal Group sales $27,886 85% of goal Seats sold 5,434 115% of goal Student Matinee 980 seats Top: Cervilio Miguel Amador, Middle: Janessa Touchet, Bottom: Dawn Kelly Photography: Peter Mueller Average ticket price $45.30 (list price $30-80) 4 The Firebird [World Premiere] Infamous Love Songs [World Premiere] March 18–19, 2011 • Aronoff Center for the Arts April 29–30, 2011 • Aronoff Center for the Art “The two pieces of this program encompass everything “We are completely comfortable with and inspired to see magnificent and innovative about this art form. For the results of the choreographers’ interpretations. Singing Cincinnati Ballet, it’s mission critical for us to preserve the and dancing are both some of the most intense emotional great works by ballet’s most important choreographers human expressions available to us, so the combination, to while continuing to bring new, provocative and us, is wonderful and very moving. We love finding new entrepreneurial ideas to the dance stage.” ways of presenting our music, and this is one of the most Victoria Morgan exciting collaborations of our 20-year career.” “It’s like a science project. You give yourself some Linford Detweiler, Over the Rhine rules and parameters and then you experiment until “Don’t think of it as a ballet. Try ‘spectacle’ instead. something reacts. That’s what’s exciting about creating Or ‘extravaganza.’ Or some word expansive enough the movement on the dancers, rather than coming in with to describe the delicious audacity of the Cincinnati something that’s already made and super-imposing it onto Ballet’s closing performance series at the Aronoff. It’s them. You don’t get that sort of spontaneous, by-chance, called Infamous Love Songs. And while there is plenty of exciting thing when you hand someone a list of steps dancing – three separate pieces, actually – this is a radical and say, ‘you’re going to do this now.’ But when you’re departure from your run-of-the-mill evening at the ballet.” creating on-the-spot, that’s when the most interesting, David Lyman fortunate, serendipitous, wonderful moments occur.” Adam Hougland, Choreographer Subscription sales $91,527.80 105% of goal Single ticket sales $83,879.00 140% of goal Subscription sales $90,806.50 104% of goal Group sales $9,643 129% of goal Single ticket sales $63,454.50 120% of goal Seats sold 4,150 116% of goal Group sales $7,628.50 139% of goal Seats sold 3,529 104% of goal Average ticket price $44.82 (list price $30-80) Average ticket price $45.79 (list price $30-80)

FINAL MARKETING REPORT Revenue By Production The Kaplan Infamous New Works Series, 5% Subscription sales $430,201.00 105% of goal Love Songs, 11% Single ticket sales $1,088,846.62 106% of goal Group sales $227,238.05 108% of goal Seats sold (including 43,434 (last year was 39,597) student matinees) The Sleeping The Firebird, 9% Beauty, 15% Average ticket price $43.88

A Midsummer Total ticket sales $1,953,416 Night’s Dream, 14% (including handling and facility fees) Frisch’s Presents The Nutcracker, 46% Merchandise revenue $96,640.27

Top: Janessa Touchet & Cervilio Miguel Amador, Middle: Cervilio Miguel Amador, Bottom: Anthony Krutzkamp & Jill Marlow • Photography: Peter Mueller 5 Development Report Cincinnati Ballet continues to cultivate patrons and donors by maintaining high quality programming, flexible ticket buying options and engaging outreach events.

Despite continued downward trends in charitable giving, Cincinnati Ballet’s contributions remain strong, thanks to the dedication and hard work of a dedicated staff, board committees and volunteers and to the generosity of individuals, foundations and corporations. Development Challenges in 2010–2011 We experienced areas of challenge in this difficult economy, but overall, despite an aggressive New Nutcracker capital campaign, Cincinnati Ballet managed to increase total contributions by 1% as compared to the previous season. There continue to be cuts in local and national government funding, as well as corporate and foundation support, so we are very proud to report the following achievements for fiscal year 2011. Development Achievements in 2010–2011 • National Endowment for the Arts awarded Cincinnati Ballet’s production of The Firebird one of our largest gifts to date. • The New Nutcracker capital campaign received tremendous community, corporate, foundation and individual support. As of 07/31/2011 the campaign had raised $1.82M and went on to raise a grand total of $2.058M for the December 2011 world premiere.

Total Giving for 2010–2011

Foundations/ Government $1,243,923.00 Individuals 42% $1,477,709.92 51%

Corporations Top Left: Dawn Kelly, Top Right: Cervilio Miguel Amador, Middle Left: Janessa Touchet & Cervilio Miguel Amador, Middle Right: $213,887.97 Dawn Kelly & Cervilio Miguel Amador, Bottom: Cincinnati Ballet Dancers • Photography: Peter Mueller 7% 6 • The Dancer Fellowship program increased by nearly In September of 2009, Cincinnati Ballet successfully 90%, effectively doubling contributions to this eliminated its line of credit, and has been continuously campaign, beating ambitious projected goals by 9% operating in the black while simultaneously raising $1.82 and increasing this line item by $75,379, a 105% million in capital for our New Nutcracker campaign. In increase over the previous fiscal year. 2011-2012, we look forward to shifting full focus toward • We redesigned the 2010 fall annual appeal with new building our endowment and are already planning messaging about our dancers’ most important piece endowment campaigns related to maintaining Nutcracker of equipment: pointe shoes. Thanks to the vision and and celebrating our 50th Anniversary in 2013–2014. hard work of staff and volunteers, the “Annual Pointe Shoe Fund” raised 103% of our total $40,000 annual BRAVO! appeal goal in just four weeks. In the 2010-2011 Season, the volunteer arm of Cincinnati Ballet was reinstated to help raise money through several Contributed Revenue Snapshot special events. This committee, known as BRAVO!, was Initiative FY09/10 FY10/11 chaired by Kathryn Harsh and Susan Shelton. These Annual Fund $59,710 $52,226 volunteers challenged the definition of BRAVO! to create Major Gifts $97,417 $135,397 a new identity focused more on cultivation and the concept of attracting a younger group of enthusiasts. Trustees $148,764 $106,883 Live Music $89,280 $50,496 • BRAVO! increased revenue for our Children’s Dancer Fellowship $70,800 $142,179 Nutcracker Luncheon by doubling the capacity of the Education $182,700 $177,089 venue. This venture was a huge success, increasing Performance Sponsor $554,430 $583,633 participation by 76% from 330 individuals to 580 and Government Grants $65,561 $72,269 increasing contributed income by 71% in one year, Major Benefactors $600,000 $608,732 which added $17,012 to our bottom line. Tea parties were held for The Sleeping Beauty and ArtsWave $899,475 $894,254 • A Midsummer Night’s Dream, giving families an opportunity to experience ballet in a child-friendly SEASON TOTAL $2,768,137 $2,822,754 way. Guests had lunch and saw a short performance before each matinee. The young guests also got the Near the end of the 2010-2011 fiscal year, Cincinnati opportunity to meet some of the dancers. Ballet actively pursued matching grants to motivate Club B brought a new group of audience members to final contributions for Trustee and Major Gifts initiatives. • Cincinnati Ballet. The event was a fun-filled evening With these final campaign matches, Board support and in which guests and Cincinnati Ballet dancers mingled individual donations combined secured an additional and danced the night away in the Hilton Netherland $115,000. Plaza’s Pavilion Room. This final push toward meeting our contributed income While BRAVO! came in under budget on expenses, it goal hinged on Board participation and commitment to also finished the year under in revenue. However, the secure these matching funds. We thank our board and our goal of attaining a new group of eager volunteers was anonymous matching grant donor for opening doors to accomplished. new support that closed the funding gap by 4%. FY09/10 FY10/11 Goal $260,00 $215,650 Actual $265,882 $137,337

Top: Zack Grubbs & Sarah Hairston, Middle: Janessa Touchet, Bottom: Gema Diaz • Photography: Peter Mueller 7 Education & Outreach report Cincinnati Ballet’s Education Department brought dance to more people in more places in 2010-11 than ever before. The creation of CBII, Cincinnati Ballet’s second company, allowed education to expand its reach with more dancers available for community appearances. In addition to its regular programming, education partnered with other departments and collaborated in the community to achieve the crucial pillar of the strategic plan: “Teach them to dance.” CincyDance! Cincinnati Ballet’s flagship CincyDance! (presented by Cincinnati Bell) brings six weeks of ballet class to elementary schools. At the end of the six weeks, we invite students showing potential to attend a 20-week Ballet Foundations class at Cincinnati Ballet Otto M. Budig Academy. In its 15th year, CincyDance! increased the number of schools in the program from 16 to 19, adding Carnegie Visual and Performing Arts Center in Covington, Kentucky, Ockerman Elementary in Florence, Kentucky, Roberts Paidea Academy in the West End and Rothenberg Preparatory Academy in Over-the-Rhine. The program reached more students overall, increasing from 615 to 753. Retention is up too; more of the students who win lifelong scholarships are choosing to stay with Cincinnati Ballet Academy: 42 students compared to 32 last year. This season, Cincinnati Ballet offered eight new scholarships-for-life, and 14 CincyDance! students auditioned for The New Nutcracker and 11 students got parts.

Cincinnati Bell’s sponsorship of CincyDance! brought greatly expanded recognition for the program, helping to increase the number of schools, gather media attention from Fox 19 and sponsoring the World Plié Record on Fountain Square, where 180 community members gathered to plié together at the barre. Creative Movement Residencies Twelve Creative Movement Residencies and Workshops reached 667 participants, continuing partnerships with CincyAfterschool, Boys and Girls Club of America and FamiliesFORWARD.

Peter & The Wolf Cincinnati Ballet created a traveling education show, Peter and the Wolf, building new portable sets, choreography and costumes for this 30-minute mini-production. Cincinnati Ballet collaborated with the Cincinnati Symphony Orchestra, performing a Lollipop Concert for 3,000 children and adults at Music Hall. Cincinnati Ballet performed Peter and the Wolf five times for more than 3,500 people in its premiere season.

Top: Cincinnati Ballet Trainees, Middle Left: Nicole Voris, Middle Right: Janessa Touchet & Cincinnati Ballet Otto M. Budig Students, Bottom: Cincinnati Ballet Trainees & CBIIs • Photography: Jeff Corcoran 8 In-Step This summer, Cincinnati Ballet taught dance at Project Cincinnati Ballet’s most popular program, the In-Step, is a Connect Camp for Cincinnati Public School students 50-minute educational demonstration featuring company experiencing homelessness, the YWCA’s Girls Inc. dancers. Demonstrations of classical variations follow an Camp, a battered woman’s shelter and the Court Clinic introduction to the history and technique of ballet. We rehabilitation center. travel to schools, retirement communities, businesses and arts centers to present this program. More than 25 Other Education initiatives included ArtsWave campaign programs reached 4,581 people in 2010-11. In 2009-10, endeavors at Procter & Gamble, GE, Cintas, The Christ we presented 20 programs reaching 3,665. Hospital, Cincinnati-Northern Kentucky International Airport and the Paint the Street event, reaching 1,512 Behind-the-Scenes audience members. CBIIs and Trainees performed at Tours allow small groups to watch rehearsal and Children’s Hospital, read stories to students in Hebron tour Cincinnati Ballet studios, offices and wardrobe. Kentucky and participated in career fairs at two high Elementary and middle school students visited 16 times, schools. With GCAAE, Cincinnati Ballet led three teacher bringing 582 visitors. trainings on Arts Integration, introducing teachers to arts-rich lesson plans. Girl Scout Workshops brought 270 Collaborations young girls to the studio up from 60 the previous year. The Cultures of Dance program was a collaboration with Education continued the Strive pilot program into year aim cincinnati, Nalanda Dance, Krucial Hip Hop and the two, partnering with Hartwell Elementary and Roselawn Chinese Cultural Dance Center. We worked with these Condon Elementary, culminating in an experience at SCPA dance and movement organizations to demonstrate with all other participating arts organizations. different styles and forms of dancer, conducting the program seven times and reaching around 1000 students. The 2011–12 Season goals include continuing to expand This partnership resulted in four additional performances and improve current programming, collaborating with with 1118 audience members. Playhouse in the Park, adding Ballet for Seniors and five new CincyDance! schools mostly from the Catholic Inner- CBIIs and Trainees brought The New Nutcracker Dragon City Schools Education Foundation. to Zoofari and the Art Museum, reaching several hundred people.

Education collaborated with Cincinnati Shakespeare Company to present A Midsummer Night’s Dream In-Step at the Kenton County Library in Northern Kentucky.

Education also collaborated with Marketing and ArtsWave, bringing dancers to surprise and delight the community with performances at ArtsWave’s Paint the Street event, the Cincinnati/Northern Kentucky International Airport, IKEA and a special preview mini- performance at the College of Mount St. Joseph.

Top: Tony Lee Sewer, • Photography: Jeff Corcoran, Bottom: Cincinnati Ballet Ottom M. Budig Academy Students • Photography: Deogracias Lerma 9 Cincinnati Ballet Otto M. Budig Academy Report Catherine Batcheller became the new dean of Cincinnati Ballet Otto M. Budig Academy in September 2010. She set to work immediately to raise the national profile of Cincinnati Ballet Academy as well as to improve the quality of instruction by becoming directly involved in teaching upper level classes and observing and evaluating teachers and students of all levels. The result of her first season is a superior dance institution that has grown both in enrollment and distinction. Overall, 2010–2011 tuition, ticket and merchandise revenue is 103% of goal. The Academy faces a delightful problem: demand is high and growing.

The Summer Intensive Program saw vast growth this season with a total 125 students enrolled in the summer of 2011 as compared to 60 students in 2010. By expanding the audition tour to 11 new locations, 17 total, offering greater flexibility of the program and inviting Sara Knight, Alla Nikitina, Sabir Yapparov, Jay Goodlet, Victoria Morgan and Devon Carney, as guest artists, our enrollment has increased by 111%. Total number of students in requiring housing accommodations increased from 19 students in 2010 to 64 students in 2011 for an increase of 142%. We had two international students; one from Japan and one from Sweden. Total revenue from all summer programs increased by 55% over the previous year. Lectures included Shelia Cohen on Dance History and Allie Wagner on Nutrition and Pilates classes taught by Jacqui Hass.

• Main Division has reached 107% of revenue goal and the student base grew from 239 in 2010 to 252 in 2011. The Main Division students have had more performing opportunities this year with addition of outreach performances at places such as the Education and Enrichment Fair, Blue Ash Recreation Center, Joseph Beth Bookseller, the Cincinnati Museum Center, and Barnes and Noble. The students also performed at the Company’s Tea Parties and the annual Nutcracker Luncheon. • Children’s Division tested new classes this year including Petite Pas De Deux, Young Boys Class and Teeny Tap. To handle high demand and increase the available market for more lucrative Main Division classes, we are adding four Children’s Division Bal- let Classes and continuing with our new classes for 2011–2012. • Adult Classes have grown in numbers as well as enrollment. We added three new adult ballet classes and one new modern class and have continued with adult hip hop class with a new exciting teacher. Revenue for adult classes (excluding Rhythm & Motion) is up 39% from 2009–2010 fiscal year. • Rhythm and Motion attendance increased by 6% over last year, serving 15,892 new and returning students during the course of the year in 12 classes a week. Looking to the new year, we are in the process of training new teachers and look for avail- ability to add additional classes while preserving Rhythm & Motion’s unique style Top and Right: Cincinnati Ballet Otto M. Budig Academy Students • Photography: Peter Mueller, Middle and Bottom Left: Cincinnati Ballet Otto M. Budig Academy Students • Photography: Jorja Vornheder and class atmosphere. 10 In addition to its regular programs, Cincinnati Ballet Acad- emy grew its reputation with expanded participation both in the community and in the greater dance world.

• The Academy hosted its annual “Dancing With Our Stars” Fundraising event in February. Dedicated par- ent volunteers led for the second year in a row by Kelly Enwright and Lauren LaCerda, and the stars of the evening, our Cincinnati Ballet Company Danc- ers and Music Director Carmon DeLeone made the evening a tremendous success. The program returned $5,406 in net revenue. • Two of our Level 7 students, Samantha Pille and David Donnelly, competed in the prestigious Youth America Grand Prix. They placed second in the ensemble category in Chicago, Illinois and went on to the finals in New York City. • Master Classes were taught by Shusheng Tong, Assis- tant Artistic Director for the Guangzhou Ballet, Adam Houghland, Principle Choreographer for Cincinnati Ballet and The Louisville Ballet, and Sabir Yapparov, Director of the pre-professional C.O.R.P.S. program at Portland Ballet in Maine. • In alignment with our strategic vision for the acad- emy, our goal of attaining right-size growth is allow- ing for gradual expansion of the types of classes we offer. For the Adult Ballet students we are reaching the absolute beginner to the more advanced student. We are reaching our youngest of dancers dancing alongside their parent in Petitie Pas De Deux class. This is the growth we want to continue promoting our mantra that “everybody dances”. • We will continue our Academy expansion into the 2011–2012 Season by opening up a new once a week Teen Ballet and Lyrical class. Our goal is to promote our academy to a new audience to give both the young and young at heart a positive outlet of expres- sion and join us in the passion for dance.

Top Left, Left and Bottom Right: Cincinnati Ballet Otto M. Budig Academy Students • Photography: Peter Mueller, Top Right: Cincinnati Ballet Otto M. Budig Academy Student • Photography: Jorja Vornheder, Middle Right: Cincinnati Ballet Otto M. Budig Academy Student • Photography: Jorja Vornheder 11 CINCINNATI BALLET Finance Report STATEMENT OF FINANCIAL POSITION In the 2010–2011 Season we continued to show strong JULY 31, 2011 financial results, as in our previous two seasons, despite With Comparative Totals for 2010 the loss of major benefactor gifts and shortfalls in trustee giving, revenue projections show us at $5.88M vs. a ASSETS 2011 2010 budget of $5.82M. We exceeded goals through strong Cash and cash equivalents $ 654,099 513,351 ticket sales, which finished at 112%. We challenged our Accounts receivable, trade 7,916 6,173 department heads to monitor and stay well within their Grants receivable: budgets and control expenses, allowing us to stay favor- able to our budgeted operating expenses by $80,000. Artswave* 952,974 968,612 Because of these efforts, we operated this season with a Other 72,269 55,561 positive cash flow without the need to utilize our line of Pledges receivable, net 450,315 455,333 credit after paying it off early in the 2009–2010 Season. Prepaid expense 175,888 99,794 These results also allow us to set aside reserve funds for the future. Deposits 3,575 3,575 Investments 2,235,184 1,939,555 For the coming 2011–2012 Season we built into the Beneficial interests in assets held by others: budget an allowance for contingencies and a focus on continued control of expenses. Our 2011–2012 budgeted Children’s Education Endowment Fund 99,085 90,130 revenue is $6.15M, planning to continue our aggres- Other 56,294 54,861 siveness in ticket and other program revenue. We also Property, equipment, costumes and sets 9,012,634 8,129,390 anticipate an increase in expenses based on our produc- Accumulated depreciation (6,794,427) (6,499,717) tions and the hire of an additional dancer, one additional administrative staff member and associated benefits. A major project for the Finance Department this year will TOTAL ASSETS $ 6,925,806 5,816,618 be the implementation of a new accounting system to replace the current one, which is no longer being sup- LIABILITIES 2011 2010 ported by the manufacturer Paciolan. This will require the Accounts payable $ 177,421 $ 90,212 assistance of all departments as we develop and refine the systems and chart of accounts that will allow us to Accrued expense 106,345 49,169 provide detailed analysis and financial reporting to help us Deferred revenue 764,517 389,784 better manage the Ballet and Academy. TOTAL LIABILITIES $ 1,048,283 529,165

NET ASSETS Unrestricted 3,204,600 2,678,209 Temporarily restricted 2,573,838 2,519,114 *The difference between the audit and development Permanently restricted 99,085 90,130 report in ArtsWave contribution amounts is related TOTAL NET ASSETS 5,877,523 5,287,453 to fiscal year reporting procedures. ArtsWave makes their monthly contributions from July until June, while Cincinnati Ballet’s fiscal year runs July to August. TOTAL LIABILITIES & NET ASSETS $ 6,925,806 5,816,618

12 CINCINNATI BALLET STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JULY 31, 2011 With Comparative Totals for 2010

TEMPORARILY PERMANENTLY TOTAL UNRESTRICTED RESTRICTED RESTRICTED 2011 2010 PUBLIC SUPPORT Arts Wave $ 12,944 $ 871,594 $ 884,538 893,232 Contributions $ 1,954,152 356,148 2,310,300 2,655,065 Government grants 72,269 72,269 108,721 Bravo (net of fundraising expenses of $78,074) 73,213 73,213 198,756 TOTAL PUBLIC SUPPORT 2,112,578 1,227,742 3,340,320 3,855,774

REVENUE, GAINS (LOSSES) AND OTHER SUPPORT Subscription series 1,886,820 1,886,820 1,800,275 School 851,393 851,393 685,221 Touring and special projects 39,091 39,091 188,426 Costume and set rentals 58,371 58,371 37,388 Merchandise sales (net of cost of merchandise of $35,305) 61,336 61,336 31,422 Program advertising 3,588 3,588 5,420 Other revenue 125,862 125,862 137,199 Investment income, net 52,046 52,046 16,202 Realized and unrealized gains (losses) on investments, net 54,811 71,392 126,203 75,903 Change in value of beneficial interests in assets held by others 1,433 $ 8,955 10,388 6,946 Net assets released from restrictions 1,245,843 (1,245,843) - - TOTAL REVENUE, GAINS (LOSSES) & OTHER SUPPORT 4,379,161 (1,173,018) 8,955 3,215,098 2,984,402 TOTAL PUBLIC SUPPORT, REVENUE, GAINS (LOSSES) & OTHER SUPPORT 6,491,739 54,724 8,955 6,555,418 6,840,176 EXPENSES Program services 4,504,355 4,504,355 4,392,862 Supporting activities: Administrative services 1,197,793 1,197,793 1,093,997 Fundraising 263,200 263,200 279,292 TOTAL EXPENSES 5,965,348 5,965,348 5,766,151 CHANGE IN NET ASSETS 526,391 54,724 8,955 590,070 1,074,025 NET ASSETS, August 1 2,678,209 2,519,114 90,130 5,287,453 4,213,428

NET ASSETS, July 31 $ 3,204,600 $ 2,573,838 $ 99,085 $ 5,877,523 $ 5,287,453 Top: Cervilio Miguel Amador, Bottom: Sarah Hairston & Zack Grubbs • Photography: Peter Mueller 13 Cincinnati ballet 2010–2011 Donor Honor Roll * Denotes a fund of the Greater Cincinnati Foundationc Denotes a donation for Live Music INDIVIDUALS Mr. & Mrs. John A. Bentley Board of Trustees $20,000 or More Mr. & Mrs. John Boorn Anonymous Peggy & Jim Bridgeland Cabinet Laura Homan Shelly Sherman Greene The Estate of Thomas F. Buck Tim & Kelly Brown Dr. Edmond Hooker Peg Kahn The Otto M. Budig Co-Chairman of the Trish & Rick Bryan Craig A. Jackson Lorrence T. Kellar Family Foundation Board Bernie & Mary Kay Calongec Douglas Jenkins Charles Mcdonell Sue & Bill Friedlander*c Rhonda Sheakley Mr. Marc Campbell Margaret Johnson The late Blanche Maier Mr. Oliver M. Gale* Nancy R. Clagettc Lauren LaCerda Richardson McKinney Dr. Stanley & Mickey Kaplan Co-Chairman of the Loretta & David Cook Beth Levy Tom Neyer Foundation Board Dr. Sandra Eisele Madelynn Matlock Louise Nippert Mr. & Mrs. Lorrence T. Kellar* Russell Shelton Brian & Lynn Good Larry J. McGruder Paul Ose Mr. Leon Loewenstine II Paul Green Skip Merten Melody Sawyer Richardson Mrs. Roberta L. Schlachter*c Board Vice Chair Mr. Christopher Hassall & David A. Millett Michael Rozow Rosemary & Mark Rosemary Schlachter Mr. Brett Stover Cordelia Millikin James Sammarco schlachter*c Eddie & Theresa Hookerc Charlotte Moore Linda Smith Rhonda & Larry A. Sheakley Board Secretary William S. & Martha Phyllis Dawn Mullican Family Foundation Judy Dalambakis Rowe Trust Fund by Phillip Cathy Nwankwo Honorary Trustees $10,000-$19,999 C. Long*c Carol Duane Olson Board Treasurer The late Dr. Stanley Kaplan Ms. Dorothy O’Brien & Mr. Madelynn & Raymond J. Phenise Poole Pamela Schmitt Craig Maier Richard Antoine Matlock David Pooley Rhoda Mayerson Donald Beck & Lawrence E. Mr. & Mrs. Larry McGruder Mary E. Ray Trustees Eynon M.D. Cordelia & Dan Millikin Kimberly J. Schaefer Ex-Officio Bob, Cindy & Katie Conway c Victoria Bauer Charlotte & Bill Moore Ted Schwartz Dianne Dunkelman Debbie Bittle Victoria Morgan Debra & Rich Oliver Evelyn Sears Dr. & Mrs. Henry J. Heimlich* c Kelly Brown Mr. & Mrs. Jack Osborn* Kathy Selker David C Herriman* c Trish Bryan Mr. & Mrs. Bradford E. Phillips Dr. William Selnick Mr. & Mrs. Chip Homan Bernie Calonge David & Debra Pooley Julie Shifman Dotty & Chuck Levinson*c Donald L. Calvin Dianne & J. David Rosenberg Beth Snyder The Manuel D. & Rhoda Marc J. Campbell Moe & Jack Rouse* Christina Sprecher Mayerson Foundation Nancy Clagett Ms. Kim Schaefer Lisa Stephenson James A. & Mary Miller David Cook Mr. & Mrs. James Schwab Serena Tsuang David & Martha Millett T. Patrick Donnelly Theodore L. Schwartz & M. Catherine Vernon Ms. Victoria Morgan & Mr. Susan Dorward Minette Hoffheimer Gary West Mark G. Jonesc Dr. Sandra Eisele Kathy & Mike Selker Ronna Willis Carol & Robert Olson Louis Fender Dr. & Mrs. William B. Selnick Norma Petersenc Dr. Jessica N. Mr. & Mrs. Russell Paxton Trustees Emeritus Mary E. Ray guarnaschelli shelton Martha Berger Gary & Diane Westc Franklin Hall Julie & Steven Shifman Edward Betz Barbara Weyandc Rick Hardy Christina M. Sprecher Laura Brunner c Kathryn Harsh $5,000-$9,999 Dr. & Mrs. Mark Tsuang Otto M. Budig, Jr. Christopher Hassall Anonymous Mr. & Mrs. Michael D. Herman Burgett c David C Herriman Anonymous Valentine William Cordes Bridget C. Hoffman Jim & Fran Allen* Catherine & David Vernon Ronald Felder Dr. & Mrs. James B. Willis

14 $2,500-$4,999 Rev. Dr. Robert & Dr. Ms. Lisa Stephenson & Elizabeth & Ken Kuresman First Financial Bank Ohio National Financial Shannon Bolon Beverly Croskery Mr. Bill Powell c Dr. & Mrs. Bradley Lembergc The Greater Cincinnati services Jennifer & Robert Conklin Mr. & Mrs. Christopher Tony & Katie Strike Mr. David G. Leonard Foundation Pampers Julnes Dehner Fund of A. Dalambakis Mr. & Mrs. John L. Tranter Irwin Lightc Peter T. Joseph Foundation Scripps Howard Foundation The Greater Cincinnati Mr. & Mrs. David B. Dillon Wendy Turner Mr. & Mrs. Robert D. Lindner, Jr. The H.B., E.W. & F.R. Luther Scripps Networks Interactive Foundation* John Doellmanc Heather Theders Ronald & Bonnie Loftspring Charitable Foundation, Thompson Hine LLP Mona S. Foad, MD & Mr. Mr. & Mrs. T. Patrick Donnelly Mr. Leonard A. Weakley, Jr. Mr. & Mrs. Walter McBeath Fifth Third Bank and Vorys, Sater, Seymour and Ali Kerr, Cincinnati Susan L. Dorward George & Kathy Wilkinson Mr. Steven I. Monderc Narley L. Haley, Co-Trustees Pease LLP Molly, Katie, Maggie Dermatology Center The James E. McCarthy & Kathy O’Brien $10,000-$19,999 $3,000-$4,999 & Kylee Ellis* Dr. Jack & Barbara Hahn William Wolf Foundation Mr. & Mrs. Thomas H. Anonymous Crosset Family Fund* Mr. & Mrs. Louis A. Fender Dr. Kendall Hansen Mr. & Mrs. Anthony ottenjohn Dinsmore & Shohl LLP James M. Ewell Foundation c Jim & Jan Fergusonc Dr. Robert & Suzanne Hasl Woodward Melody Sawyer Richardson Duke Energy Powers Agency Mr. & Mrs. Douglas S. Hynden Vere & Susan Gaynor $500-$999 Diane & Bill Rumpke, Jr. Jeff Thomas Catering RiverPoint Capital c Dr. & Mrs. Richard Levy Friend of the Cincinnati Ballet Anonymous Ms. Carolee Schwartz Macy’s Management, Inc. Peggy Ann Markstein Bruce M. Halpryn & Romola N. Allen Mrs. Elizabeth Stone & National Endowment for the William Albers Foundation Dr. & Mrs. G. James Chas W. Riebe Mr. Pete Geier*c Aileen Beatty Arts $500-$2,999 sammarco The Keith & Kathryn Charles Bender & Ellen Sallie R. Wadsworth Ohio Casualty Foundation c Chemed Foundation Robert & Dell Ann Sathe / harsh Family skaggsc Mr. John M. Yacher Ruth J. and Robert A. Conway MCF Advisors, LLC David & Debra Hausrath c Cincinnati Art Galleries, LLC David & Angelia Betscherc Mr. & Mrs. Thomas J. Yankle Foundation, Inc. Pamela F. Schmitt Ms. Maureen Heekin Cohen, Todd, Kite & Stanford, George & Elena Blair CORPORATE, GRANTS The Shubert Foundation Dee Shafferc Mary & Paul Hemmer, Jr. LLC Mr. Robert G. Boremski & GOVERNMENT Jack J. Smith, Jr. Charitable Dr. Lori Shutter & Mr. Mike Frank & Jackie Iden Golden Corral Ms. Karen Bowmanc Trust, PNC Bank, N.A. and Abney Mr. & Mrs. Doug Jenkins $65,000 or more Grant Thornton, LLP Mr. Peter Brester James S. Wachs, Co-Trustees Andy & Linda Smith Mr. & Mrs. Gary Johns Fine Arts Fund Johnson Investment Counsel Stanley M. Chesley & The Stillson Foundation, Fifth Ms. Elizabeth A. Snyder The LaMacchia Family Eleanora C. U. Alms Trust, The Klosterman Family hon. Susan J. Dlott Third Bank, Trustee Ms. Barbara Sporck-Stegmaier Foundation Fifth Third Bank Trustee The Links, Inc. Mr. & Mrs. Thomas Crain The Sutphin Family Jake & Jeanne Sweeney Dr. Lynn & Dr. Daniel Frisch’s Restaurants, Inc. LPK Carmon & Kathy DeLeone Foundation c c The Louise Dieterle Nippert Taft Stettinius & Hollister Foundation Langmeyer Wellington Orthopeadic & Ms. Christine Duque & Musical Arts Fundc Toyota Motor Engineering & Mr. & Mrs. Carl H. Lindner, Jr. Mr. Michael Kubiak sports Medicine $1,000-$2,499 PNC Bank Robert H. Reakirt Manufacturing North Jane & Terry Lynch Joyce Elkus The Wohlgemuth Herschede Anonymous (2) Foundation America, Inc. Ken & Lois Allen Mary Magner & Joseph Preston Mrs. Tina Ellis Foundation c Western & Southern c Hatsuki Miyata & Tony Fischer $40,000-$64,999 Lisa Allgood Dr. Agostino Fede $5,000-$9,999 Financial Fund Robert H. Moreland Carol Ann and Ralph V. Haile, Jr. Mrs. Carl G. Berger Arna & Bobby Fisher William P. Anderson YMCA Mr. Edward Betzc Mr. John H. Morgan Judith Bowers Francis u.S. Bank Foundation c Foundation c Mr. & Mrs. Svet Nankovitch John C. Griswold Foundation David & Elaine Billmire Mr. & Mrs. Roger Fry Charmin Randy & Marianne Olsonc in memory of Mr. Ms. Debbie Bittle Mr. & Mrs. James J. Gardner Cincinnati International Mr. & Mrs. Paul Ose Alexander Moore Patricia Bloomfield Mr. & Mrs. Howard E. Wine Festival Joseph A. & Susan E. Pichler Ohio Arts Council Gordon & Nadine Brunner hamilton Charles H. Dater Foundation Fund* Procter & Gamble Fund Anthony Albano & K. Ann Jane Henney M.D. & Diana’s Dancewear Ellen Rieveschlc The Louise Taft Semple Choe-Albano Bob Graham M.D. Ernst & Young LLP Philip & Sheila Cohen Fund*c Rachel & Luke Robinson Ron Houck, Jr. Foundation The Roselle Foundation Jeff Ruby’s Steakhouse Frances & Stanley Cohenc Dr. John S. Hutton & Ms. Bruce Ryan/Ryan’s All Glass $20,000-$39,999 Keefe, Bruyette & Woods Mr. & Mrs. William H. Cordes c sandra L. Grossc Dr. & Mrs. Raymond Schultzc Cincinnati Bell The Kroger Company Dr. Robin Cotton & Ms Mr. Daniel B. Jones c The Coca-Cola Company Foundation Cynthia Fitton Ms. Evelyn Sears Danya M. Karram Ms. Elizabeth Shaughnessy The Thomas J. Emery Megen Construction Susan & Scott Crabtree Kevin & Kathleen Kirsch Memorial Northlich & Mr. James Stapleton Mr. & Mrs. Edward M. Krech

15 Cincinnati Ballet Company Staff 2010–2011 Victoria Morgan Marketing Education & Artistic Director & CEO Stacey Recht outreach Director of Marketing Julie Sunderland ARTISTIC Dena D’Andrea Education & Outreach Manager Frederic Franklin CBE Box Office Manager Joseph Cox Artistic Director Emeritus Heather Kitchen CBII Manager/ Academy Coach Carmon DeLeone Marketing Assistant Music Director Terry Honebrink Nick Ciafardini In-Step & Logistics Devon Carney Group Relations /Transport Manager Associate Artistic Director Coordinator Johanna Bernstein Wilt Erica Nyberg Principal Ballet Mistress Graphic Designer Production Staff Adam Hougland Emily Sydnor Robert Eubanks Resident Choreographer Marketing Intern Director of Production Melissa Stormer Susan Jacob Assistant to AD/CEO Finance & Production Stage/Company Mgr Operations Hannah Holthaus Stage Management Intern ADMINISTRATIVE David Bickel Director of Finance Diana Vandergriff-Adams Missie Santomo Wardrobe Mistress Managing Director Angela Santarpio Finance Assistant Laura Hofmann Allie Schroeder Assistant Wardrobe Mistress Assistant to Mng Director Noah Mehl IT Coordinator Trad A Burns Alison Wenstrup Resident Lighting Designer Special Events Manager Barbara Sorensen Receptionist Art Berkley Monisha Ringler Master Carpenter Merchandise Buyer Cincinnati Ballet Bill Roberson Otto M. Budig Master Electrician Development Academy Michael Meuché Jay B. Kalagayan Catherine Batcheller Assistant Electrician Director of Development Academy Dean Kim Campbell Kate Eubanks Nicole Hess Property Master Individual Giving Manager Academy Operations Manager Jeff Corcoran Liz Taylor Borntrager Wendy Mains Photographic Historian Development Coordinator Customer Relations Specialist Daniel Joseph Dorff Melissa R. Scott Monisha Ringler Youngwon Park French Database Manager Academy Accounts Manager Della Enns Meghan E. Fischer Pianists Katelyn DeHoff Helene Herbert Academy Intern Mason W. Kelly Development Interns Top: Cincinnati Ballet Dancers, Bottom: Janessa Touchet • Photography: Peter Mueller

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