FY2008 Annual Report - New York City Ballet
Transcription
FY2008 Annual Report - New York City Ballet
Annual Report 2008 MISSION STATEMENT George Balanchine and Lincoln Kirstein formed New York City Ballet with the goal of producing and performing a new ballet repertory that would re-imagine the principles of classical dance. Under the leadership of Ballet Master in Chief Peter Martins, the Company remains dedicated to their vision as it pursues two primary objectives: 1) to preserve the ballets, dance aesthetic, and standards of excellence created and established by its founders; 2) to develop new work that draws on the creative talents of contemporary choreographers and composers, and speaks to the time in which it is made. CONTENTS ^ This mission is accompanied by a commitment to expand the Company’s audience and make ballet accessible to the widest possible public through touring, education programs, the creative use of media, and other outreach efforts. NEW YORK CITY BALLET Founders: George Balanchine and Lincoln Kirstein Founding Choreographers: George Balanchine and Jerome Robbins Ballet Master in Chief Peter Martins Ballet Mistress Rosemary Dunleavy Ballet Masters Karin von Aroldingen Jean-Pierre Frohlich Susan Hendl Lisa Jackson Russell Kaiser Sara Leland Christine Redpath Richard Tanner Kathleen Tracey Assistant to the Ballet Master in Chief Sean Lavery Teaching Associate Merrill Ashley NEW YORK CITY BALLET ORCHESTRA Music Director: Fayçal Karoui Principal Conductor: Maurice Kaplow Guest Conductor: Clotilde Otranto Conductor Emeritus: Hugo Fiorato THE COMPANY Jared Angle Charles Askegard Yvonne Borree Ashley Bouder Joaquin De Luz Albert Evans Megan Fairchild Gonzalo Garcia Stephen Hanna Nikolaj Hübbe Sterling Hyltin Darci Kistler Maria Kowroski Sébastien Marcovici Nilas Martins Benjamin Millepied Philip Neal Jenifer Ringer Jennie Somogyi Abi Stafford Jonathan Stafford Janie Taylor Daniel Ulbricht Andrew Veyette Wendy Whelan Damian Woetzel Tyler Angle† Ellen Bar Antonio Carmena Robert Fairchild Jason Fowler Tom Gold Craig Hall Adam Hendrickson Arch Higgins Rebecca Krohn Ask la Cour Savannah Lowery Sara Mearns Tiler Peck Amar Ramasar Teresa Reichlen Rachel Rutherford Ana Sophia Scheller Sean Suozzi Jennifer Tinsley-Williams Dena Abergel Devin Alberda Marika Anderson Daniel Applebaum Faye Arthurs Katie Bergstrom Saskia Beskow Likolani Brown Maya Collins Adrian Danchig-Waring Alina Dronova Sophie Flack Kyle Froman Kaitlyn Gilliland Pauline Golbin Amanda Hankes Anthony Huxley Ralph Ippolito Russell Janzen Dara Johnson Glenn Keenan Lauren King Ashley Laracey Austin Laurent Megan LeCrone Meagan Mann Jenelle Manzi Kathryn Morgan Gwyneth Muller Courtney Muscroft Ellen Ostrom Vincent Paradiso Georgina Pazcoguin Justin Peck Allen Peiffer Erica Pereira Rachel Piskin Brittany Pollack David Prottas Matthew Renko Tabitha Rinko-Gay Troy Schumacher Andrew Scordato Mary Elizabeth Sell Henry Seth Aaron Severini Briana Shepherd Gretchen Smith Christian Tworzyanski Max van der Sterre Giovanni Villalobos Elizabeth Walker Sarah-Rose Williams Stephanie Zungre Solo Pianists Elaine Chelton, Cameron Grant, Nancy McDill, Richard Moredock, Alan Moverman, Susan Walters Children’s Ballet Master: Garielle Whittle † Janice Levin Dancer Honoree for 2007–2008 As of June 29, 2008 2007-2008 NEW YORK CITY BALLET REPERTORY George Balanchine Ballets: Apollo Ballo della Regina Brahms-Schoenberg Quarte Divertimento from “Le Baiser de la Fée” The Four Temperaments George Balanchine’s Th Mozartiana Prodigal Son Raymonda Variations Robert Schumann’s “Davidsbündler The Sleeping Beauty (Garland Dance) La Sonnambula Square Dance Stars and Stripes Th Symphony in C Symphony in Three Movements Tarantella Le Tombeau de Couperin Tschaikovsky Piano Concerto No. 2 Union Jack Western Symphony Mauro Bigonzetti Ball August Bournonville Ballet: Flower Festival Pas de Deux Adam Hendrickson Ballet: Flit Peter Martins Ballets: Beethoven Romance The Chairman Dances Les Gentilhommes Gr A Life for the Tsar Purple River of Light Romeo + Juliet The Sleeping Beauty (Rose Ad Thou Swell Valse Triste Zakouski Alexei Ratmansky Ballets: Concerto DSCH* Russian Seasons Jerome Robbins Ballets: Afternoon of a Faun Andantino Antique Epigra Brandenburg The Cage Circus Polka The Concert Dances at a Gathering Dybbu Fanfare Four Bagatelles The Four Seasons Glass Pieces The Goldberg Varia In G Major In Memory of… Interplay In the Night Ives, Songs Mother Goose Moves N.Y. Export: Opus Jazz Opus 19/The Dreamer Other Dances Piano Pieces A Suite West Side Story Suite 2 & 3 Part Inventions Susan Stroman Ballet: Double Christopher Wheeldon Ballets: An American in Paris Carousel (A Dance) Liturgy Merc The Nightingale and the Rose Rococo Variations* Total Ballets: 86 Contents Mission Statement front flap et Bugaku 1 NYCB Artists, Orchestra, Directors, and Personnel he Nutcracker™ Jewels tänze” Serenade he Steadfast Tin Soldier Tschaikovsky Pas de Deux lets: In Vento Oltremare* of Fury—The Monarch* razioso* Jeu de Cartes agio, Aurora’s Wedding) Middle Duet aphs Brahms/Handel k Fancy Free ations I’m Old Fashioned Les Noces of Dances Watermill Feature Letters from the Ballet Master in Chief and Chairman 8 2007-08 Season Overview 9 Opening Night Benefit 10 Nutcracker Family Benefit 11 Rebranding NYCB 12 Winter Season World Premieres 14 Annual Luncheon 16 Jerome Robbins Celebration 19 Spring Gala 20 Dance with the Dancers 21 Spring Season World Premiere 23 Dancers’ Choice 24 Beyond NYC 25 NYCB Archive 26 Our Audiences and Community 28 New York Choreographic Institute 30 Our Dedicated Volunteers 31 Fond Farewells 32 Donor Recognition 33 2008 Financial Summary 34 NYCB Financial Statements * World Premiere CONTENTS ^ curial Manoeuvres 6 LETTER FROM THE BALLET MASTER AND CHIEF NEW YORK CITY BALLET ORCHESTRA First Violins Double Basses Trombones Arturo Delmoni, Concertmaster Ron Wasserman, Principal Richard Chamberlain, Principal Kurt Nikkanen, Concertmaster Marji Danilow, Associate Hugh Eddy, Associate Nicolas Danielson, Assistant Concertmaster Wan Hao Xu Tuba Stephen Johns Jean Ingraham, Associate Flutes Michael Roth, Associate Laura Conwesser, Associate Bira Rabushka Marie Owen, Flute and Piccolo Piano Sabina Skalar Paul Peabody Oboes Robert Chausow Timpani Randall Wolfgang, Principal Arnold Goldberg Jane Cochran, Associate Percussion James Byars James Sapporito, Associate Yevgenia Strenger Alexander Simionescu Qing Guo Second Violins Paul Dunkel, Principal Jack Katz, Principal* Clarinets Conway Kuo, Principal** Gerhardt Koch, Principal Yeojin Cho, Associate** Steven Hartman, Associate Bin Lu Min Young Song Andrew Schaw Nelly Kim Helen Strilec Sue Ellen Colgan Violas 2 Grey Fulmer Robert Biddlecome, Bass Trombone Maureen Gallagher, Principal Laurance Fader, Associate Susan Pray Brian Hysong, Clarinet and Bass Clarinet Bassoons Michael Martin Richard Hagen, Associate Arnold Goldberg Assistant to the Orchestra Manager Tom Beck Orchestra Librarian Michael Martin Paul Ingraham Fred Zlotkin, Principal Trumpets Eugene Moye, Associate Raymond Mase, Principal Robert Gardner Ruth Alsop Neil Balm, Co-Principal Peter Sanders Robert Haley David Jenkins Orchestra Manager French Horns Warren Laffredo Alessandro Benetello James Baker, Principal Donald MacCourt Barbara Baird Ann Kim Rozenblatt Cameron Grant Ethan Silverman, Associate, Bassoon and Contrabassoon H. Robert Carlisle, Principal Cellos Sara Cutler Harrison Hollingsworth, Principal Liane Marston Jeffrey Jacobi* Harp *On leave of absence ** 2008 Spring Season As of June 29, 2008 LETTER FROM THE CHAIRMAN NEW YORK CITY BALLET, INC Board of Directors Barry S. Friedberg Chairman Frederick W. Beinecke President Nina Griscom David W. Heleniak Stephen A. Schwarzman Franci Blassberg Marlene Hess Thomas Shiah Donya Bommer Marilyn Laurie Howard Solomon Jeffrey M. Peek Treasurer Daniel Brodsky Robert I. Lipp Lesley Stahl Hon. Kimba M. Wood Secretary Judy Bernstein Bunzl Carol D. Mack Ruth S. Stanton Jane Chace Carroll Clarke Murphy Bonnie Strauss Michael A. Cooper David A. Nadler John L. Vogelstein David E.R. Dangoor Marie Nugent-Head David Webb Samuel A. DiPiazza, Jr. Gordon Pattee Dr. Sue Ann Weinberg Barbara R. Evans Michael E. Patterson William H. Wright II Randal R. Craft, Jr. Counsel Advisory Board Maria Bartiromo Jonathan R. Bell Meyer Feldberg Robert W. Pittman Gregory J. Fleming Theodore C. Rogers Perry B. Granoff Denise Saul Chairmen Emeriti: Eugene P. Grisanti, Theodore C. Rogers, Howard Solomon Directors Emeriti: Gillian Attfield, Mary Sharp Cronson, Nancy Norman Lassalle, David H. Mortimer, Edward J. Toohey Members Ex-Officio: Hon. Michael R. Bloomberg, Hon. Kate D. Levin, Martin J. Oppenheimer Amy S. Butte Co-Chairman Clarke Murphy Co-Chairman Russell Reynolds Associates Michael Berkowitz Roger Bolton APCO Worldwide Patrick BousquetChavanne The Estée Lauder Companies Inc. Mary Cirillo-Goldberg Gail E. Cohen Fiduciary Trust Company International Linnea Conrad Goldman, Sachs & Co. Special Events Ambassadors Nina Griscom Chairman Scott Davis PricewaterhouseCoopers LLP Valerie S. Peltier Tishman Speyer Properties Simon Freakley Kroll Inc. Linda E. Rappaport Shearman & Sterling MaryAnne Gilmartin Forest City Ratner Companies Joshua Rubenstein Katten Muchin Rosenman, LLP Ann B. Lane Carol A. Smith ELLE Patricia Malone COACH Alison Mass Goldman, Sachs & Co. Mary Ann Tighe CB Richard Ellis Kate Betts Gillian Miniter Candace Bushnell Charlotte Moss Barbara Cirkva Schumacher Alba Clemente Eric Nederlander Alexandra Shiva Robert Couturier Xenia Krinitzky Roff Susan Tabak Fe Saracino Fendi Allison Sarofim As of June 2008 3 2007-08 SEASON STAFF General Manager: Administration Costume and Wardrobe Marketing and Online Media Kenneth Tabachnick Personal Assistant to Mr. Martins: Deborah Koolish Company Manager: Debra Bernard Executive Assistant to the General Manager: Mercedes Pina Assistant to the General Manager: Barbara Hart Administrative Assistant: Aarti Ogirala Payroll and Benefits Administrator: Ieasha Bell Office Manager: Melaura Benitez Archivist: Laura Raucher Director, New Media: Kristin Sloan Director: Marc Happel Manager, Costume Shop: Dara Faust Wardrobe Mistress: Jacqueline (Norma) Attride Wardrobe Master: John Radwick Assistant Wardrobe Mistress: Marlene Olson Assistant Wardrobe Master: Phillip Rolfe Men’s Wardrobe Consultant: Leslie Copeland Make-Up, Hair, and Visual Consultant: Michael Avedon Ballet Shoe Supervisor: Angel Betancourt Managing Director: Tom Michel Director, Marketing: Karen Girty Associate Director, Ticket Services: Anne M. Vantine Manager, Publications: Dustin Brauneck Manager, Group Sales: Connie Coddington Manager, Gift and Book Shop: Julio Cruz Manager, Online Media: Richard Dryden Manager, Marketing: Jill Jefferson Manager, Ticket Services: Andrianna Smela Senior Designer: Luis Bravo Designer: Christine Navin Assistant, Marketing: Caitlin Gillette Chief Financial Officer: Brooks Parsons Finance Budget Manager: Jennifer Butler Director, Patron Information Systems: Stephen Williams Director, Donor Records: Elizabeth V. Ferris Database Editor: Resan Ocot Production and Design 4 Managing Director: Perry Silvey Resident Lighting Designer: Mark Stanley Production Stage Manager: Marquerite Mehler Lighting Director: Penny Jacobus Stage Manager: Loreen Domijan Assistant Stage Manager: Betsy Ayer Technical Assistant: Robert S. Leach Lighting Assistant: Keri Thibodeau Music Coordinator: Richard Moredock Rehearsal Pianists: Boris Poliakine, Mack Schlefer Music and Video Archivist: Serapio Walton Régisseur: Thomas A. Lemanski Piano Technician: Fred Hitchcock Health and Wellness Orthopedic Consultants: William G. Hamilton, M.D., Phillip A. Bauman, M.D. Chiropractic Consultant: Lawrence E. DeMann Jr., D.C. Director of Physical Therapy: Marika Molnar Physical Therapists: Rebecca Blanchard, Rocky Bornstein, Jemina Cassis, Marika Hartog, Liz Henry, Katy Keller, Andrew Megginson, Michelle Rodriguez, Nadia Sefcovic, Jo Smith, Andrea Zujko Nutritionist: Joy Bauer, M.S., R.D., CDN Wellness Consultant: Linda H. Hamilton, Ph.D. Communications and Special Projects Managing Director: Robert Daniels Associate Director, Communications: Siobhan Burns Manager, Press Relations: Joe Guttridge Education Manager, School Programs: Lauren Gordon Manager, Outreach Programs: Catherine Romano Coordinator: Megan Leitzinger Development and Special Events Managing Director: Diane Nixa Director, Special Events: Sheri Low Director, Guild: Faith Shaw Petrides Director, Major Gifts: Georgia Siampalioti Associate Director, Major Gifts: Julia Rosenfeld Manager, Development Operations: Jeremy Dewey Manager, Patron Relations: John McPeak Manager, Special Events: Christine van Kipnis Associate, Institutional Support: Miranda Jirik Associate, Major Gifts: Kimberly Portis Coordinator, Special Events: Jemima Attanasio Coordinator, Guild: Dana Cavooris Assistant, Guild: Emily Katz Assistant, Major Gifts: Jennifer Sult Kleinman Assistant, Special Events: Marisa Marinelli Assistant, Guild: Alta Withers Volunteer and Program Resources Managing Director: Joan Quatrano Assistant Director: Laura Picariello 2007-08 ANNUAL REPORT AFFILIATES George Balanchine Trust Director: Ellen Sorrin Managing Trustee: Barbara Horgan Coordinator: Jennifer Cheung The School of American Ballet Official School of New York City Ballet Founders: George Balanchine and Lincoln Kirstein Artistic Director and Chairman of the Faculty: Peter Martins Co-Chairman of Faculty: Kay Mazzo Executive Director: Marjorie Van Dercook New York Choreographic Institute Founder and Artistic Director: Peter Martins Associate Artistic Director: Richard Tanner Managing Director: Ellen Sorrin Gwyneth Muller with Daniel Applebaum (front) and Pauline Golbin with Allen Peiffer in George Balanchine’s Le Tombeau de Couperin As of June 29, 2008 LETTER FROM THE BALLET MASTER AND CHIEF Peter Martins, Ballet Master in Chief This past year we paid respect to two supremely important people to the history of New York City Ballet. Our Opening Night Benefit in November marked the finale of our year-long Kirstein Centennial Celebration, and featured a revival of A Life for the Tsar, which I had originally choreographed as a tribute to Lincoln in 1993. The performance of this piece featured 150 Company members and students from the School of American Ballet, joined by guests from the New York City Opera chorus. 6 In the spring we honored the 90th anniversary of the birth of Co-Founding Choreographer Jerome Robbins by presenting 10 all-Robbins programs featuring 33 of his ballets, allowing us a wonderful opportunity to celebrate the genius, humor, and insight of this greatest of American-born choreographers. In addition, as part of our ongoing commitment to the precepts laid down by our founders, George Balanchine and Lincoln Kirstein, and most especially to the creation of new work, we also introduced commissions from Mauro Bigonzetti, Alexei Ratmansky, and Christopher Wheeldon, all of which were popular and critical successes. The Company continued to blossom, as highly talented young apprentices advanced into the ranks of the Company proper, and scores of new roles were taken on by our extraordinary dancers. But there are also the bittersweet occasions when we must inevitably bid farewell to our veterans moving on to new phases in their lives. This past year, after long and successful careers, Nikolaj Hübbe and Damian Woetzel retired, leaving us with glorious memories of their distinguished careers. 2008 was a productive year for the Company with our summer Saratoga residency, a highly successful tour to London—our first in 25 years—and our annual Kennedy Center performances, in addition to 23 weeks of performances in our home theater at Lincoln Center. Our family is broad and diverse and it takes the participation of all of you to produce the amazing work we see onstage. We deeply appreciate your loyalty and your generous support, without which we would not be able to grow and succeed. It is the devotion and dedication of our entire family that enables New York City Ballet to continue in the spirit established by our brilliant founders, George Balanchine and Lincoln Kirstein. LETTER FROM THE CHAIRMAN Barry S. Friedberg, Chairman It is bittersweet for me to write this letter, my last as Chairman of the Board of New York City Ballet. During my five-year tenure we have accomplished so much, and it has been my great privilege to be part of this glorious and creative enterprise. The Concert Maria Kowroski With that in mind, I am happy to report that the Company is healthy and sound. As we enter volatile economic times, we have successfully built a foundation that should help the Company steer its way through whatever the next few years may bring. The Company’s artistic level continues to improve and our management is searching always to make sure that we avoid complacency, as well as making efforts to maintain our leading position in the classical arts and performance arena. In addition to our regular activities, we have joined with our partner in the New York State Theater, New York City Opera, in a major renovation project, adding several technological improvements to our home. As part of that effort, we have secured a $100 million gift from David H. Koch, for whom the theater will be renamed. His generous gift serves as a solid basis that will ensure our home can serve the needs of our audiences in a modern and technological fashion during the coming years. Over the past five years, I have had the great joy of working with extremely committed board members and patrons who share a great love for the Company. With their help, I am able to leave the Company stronger than when I arrived and better situated to handle the uncertainty of the foreseeable future. I am truly grateful to all of you for that support and to the artists who work day in and day out to create the beauty and grace that we all love. 7 2007-08 SEASON Dances at a Gathering Benjamin Millepied During its 60th year, New York City Ballet maintained its preeminence as a cultural institution of the highest magnitude, performing a ballet repertory unparalleled in its diversity and scope for audiences both in America and abroad. The Company’s 2007-08 Season introduced five world premieres, bid farewell to two of its great stars, surpassed its 2,000th performance of George Balanchine’s The Nutcracker™, and recognized Founding Choreographer Jerome Robbins with a celebration of his monumental artistic achievements. With over 100 stellar dancers, the acclaimed 62-piece NYCB Orchestra, and a glowing legacy passed on by Founders George Balanchine and Lincoln Kirstein, Ballet Master in Chief Peter Martins continues to lead the Company towards an innovative future for classical dance in the new millennium. 8 2007-08 Season by the Numbers Repertory ballets: 82 Full-length ballets: 4 World Premieres: 5 Major revivals: 5 Commissioned score: 1 Dancers: 100 Performances: 207 Attendance: 396,531 2007-08: WINTER SEASON Ashley Bouder, Gonzalo Garcia, Andrew Veyette, and Daniel Ulbricht in the world premiere of Peter Martins’ Grazioso Clockwise from above left: Amy Fine Collins with Event Chairmen Linda Wells and Carol Mack; Event Chairmen Candace and Frederick Beinecke; Event Chairmen Barbara and John Vogelstein with Franci Blassberg and Joe Rice Event photos by Mary Hilliard The winter season at the New York State Theater commenced on November 20, 2007, with an Opening Night Benefit titled “Dancing for Lincoln: A Centennial Celebration.” The onenight-only conclusion of the Kirstein Centennial Celebration, which began during the prior spring season and commemorated what would have been Kirstein’s 100th birthday on May 4, 2007, featured the season’s only performances of Grazioso, a world premiere by Peter Martins, and A Life for the Tsar, with over 150 performers— students from the School of American Ballet and NYCB dancers—honoring Kirstein. The evening also included Balanchine’s Garland Dance from The Sleeping Beauty, Christopher Wheeldon’s Liturgy, and an excerpt from Balanchine’s Western Symphony. As a highlight, Company Soloists Ellen Bar and Sean Suozzi introduced a special sneak preview from a film adaptation of Jerome Robbins’ N.Y. Export: Opus Jazz, which they conceived and are creating. Event chairmen were Candace and Frederick Beinecke, Carol Mack, Barbara and John Vogelstein, and Linda Wells. The festive event raised over $1.7 million for the Company. 9 2007-08: WINTER SEASON Clockwise from top left: Dewdrop Ana Sophia Scheller signing autographs; Marc Murphy 10 with daughter, Campbell (left), and Grace Burns; Event Chairman Kristin Kennedy Clark with son, Henry; Candy Canes with Chairmen Christy Turlington Burns and Pamela Schein Murphy Event photos by Mary Hilliard The 2007 Nutcracker Family Benefit on December 8 was a splendid holiday treat for the Company’s youngest fans and their families. Following a performance of the perennial classic George Balanchine’s The Nutcracker™, benefit guests were given a backstage tour of the “Land of Sweets.” The party continued on the Promenade where the Sugarplum Fairy, Her Cavalier, and other characters from the ballet signed autographs, and Santa Claus himself made a special appearance. Benefit Chairmen were Christy Turlington Burns, Kristin Kennedy Clark, Pamela Schein Murphy, and Ann Tenenbaum. Gingerbread houses were courtesy of Cookie Magazine, and proceeds from the event, totaling more than $695,000, support NYCB’s education programs and the School of American Ballet’s Scholarship Fund. Sponsored by Little Marc Jacobs and Maybelline New York. 2007-08: WINTER SEASON Beginning in January 2008, New York City Ballet unveiled a unique, new brand identity for the institution. Working in collaboration with the world-renowned design firm Pentagram, a revitalized logo and photographic style for the Company was launched as a means for reinvigorating New York City Ballet’s visual identity and reaching new and younger audiences. Affecting all areas of the Company, the comprehensive rebranding effort was seen during the fiscal year on printed brochures and collateral, advertisements, theater and outdoor signage, stationary, online presences, and merchandise, among other materials and media. In an effort for NYCB to distinguish itself even further from other cultural institutions, the 2007-08 advertising campaigns were shot in dramatic black and white photography; however, future incarnations will incorporate striking, fullcolor imagery. 11 Rebranded materials included the 2008 Spring Season brochure (top) and outdoor signage around the New York State Theater (above) Support for New York City Ballet audience development, including the rebranding project, is provided by Denise Sobel and Norman Keller. Outdoor signage photography © Andrew Bordwin, NYC 2007-08: WINTER SEASON The 2008 Winter Season welcomed three world premieres into the Company’s repertory. The first, Grazioso, was created as a pièce d’occasion for the Opening Night Benefit, and featured four principals, three men and a woman, in a series of virtuoso dances to music by Glinka. 12 The second world premiere of the season, Mauro Bigonzetti’s Oltremare, took place on January 23 as part of the 12th annual New Combinations Evening, scheduled each year to coincide with Balanchine’s birthday. A brooding and intensely physical work depicting the journey towards a new life, Oltremare, along with all new choreography at New York City Ballet, was supported by the Company’s New Combinations Fund. Created in 1992, the New Combinations Fund has united patrons who are captivated by the creative process and inspired to support it. Since its inception, the Fund has helped commission and stage more than 100 new ballets by choreographers ranging from Co-Founding Choreographer Jerome Robbins to Twyla Tharp and Jorma Elo. Rococo Variations, Christopher Wheeldon’s final ballet as New York City Ballet’s Resident Choreographer, was the season’s third world premiere. Set to Tschaikovsky’s Variations on a Rococo Theme, the choreography was indeed rococo in its intricacy and delicacy, but also deeply Romantic in its explorations of partnering, and modern in its sensibility. Sterling Hyltin, Sara Mearns, Giovanni Grazioso Rococo Variations Music: Mikhail Glinka Choreography: Peter Martins Costumes: Holly Hynes Lighting: Mark Stanley Premiere: November 20, 2007, New York City Ballet, New York State Theater Original cast: Ashley Bouder, Gonzalo Garcia, Daniel Ulbricht, Andrew Veyette Music: Peter Ilyitch Tschaikovsky Choreography: Christopher Wheeldon Costumes: Holly Hynes Lighting: Mark Stanley Premiere: February 7, 2008, New York City Ballet, New York State Theater Original cast: Sterling Hyltin, Sara Mearns, Giovanni Villalobos, Adrian Danchig-Waring Solo cellist: Fred Zlotkin Villalobos, and Adrian Danchig-Waring in Christopher Wheeldon’s Rococo Variations Opposite: the ensemble of Mauro Bigonzetti’s Oltremare The performance and creation of Peter Martins’ Grazioso was funded in part by an endowment gift from the Solomon family, given in loving memory of Carolyn B. Solomon. Rococo Variations was made possible in part by a lead grant from the Geoffrey C. Hughes Foundation, which has supported Christopher Wheeldon’s residency since 2001. Oltremare Music: Bruno Moretti (commissioned by NYCB) Choreography: Mauro Bigonzetti Costumes: Mauro Bigonzetti and Marc Happel Lighting: Mark Stanley Premiere: January 23, 2008, New York City Ballet, New York State Theater Original cast: Maria Kowroski, Tyler Angle, Tiler Peck, Amar Ramasar, Teresa Reichlen, Ana Sophia Scheller, Maya Collins, Megan LeCrone, Georgina Pazcoguin, Jonathan Stafford, Andrew Veyette, Jason Fowler, Vincent Paradiso, Sean Suozzi Oltremare was made possible in part by a dance commissioning grant from the New York State Council on the Arts. The creation of new work at New York City Ballet is made possible by generous support from The Fan Fox and Leslie R. Samuels Foundation, The Irene Diamond Fund, Lila Acheson and DeWitt Wallace Endowment Fund, and contributors to the New Combinations and Repertory Funds. 13 2007-08: WINTER SEASON Clockwise from top left: Event Chairman Nina Griscom; Corporate Chairman Marc Hruschka and Susan Tabak; Event Chairman Caroline Dean; last year’s Janice Levin Dancer Honoree, Tiler Peck, with this year’s 14 Honoree, Tyler Angle; Rachel Hovnanian with Event Chairman Nicole Miller and Tracy Snyder; Event Chairman Katie von Strasser; the onstage panel discussion with Peter Martins, Nikolaj Hübbe, Joaquin De Luz, Sean Suozzi, Daniel Ulbricht, and Sean Lavery Panel photo © Paul Kolnik, event photos by John Calabrese The 2008 Annual Luncheon on February 13, “Ballet is Man—Too!” paid tribute to George Balanchine’s spectacular choreography for male dancers. Although the role of the male dancer at New York City Ballet often focuses on partnering, many important roles have been created for male dancers, and the men of NYCB have put their distinctive mark on these ballets. Peter Martins moderated an onstage program with panelists including Principal Dancers Joaquin De Luz, Nikolaj Hübbe, and Daniel Ulbricht, Soloist Sean Suozzi, and Assistant to the Ballet Master in Chief Sean Lavery. The program featured excerpts from Balanchine’s Agon, Apollo, Divertimento from “Le Baiser de la Fée”, The Four Temperaments, Mozartiana, Prodigal Son, and Square Dance. As part of the afternoon, Mr. Martins also announced this year’s Janice Levin Dancer Honoree. Awarded annually to a promising young member of the corps de ballet who studied at the School of American Ballet, this year’s award was bestowed upon Tyler Angle. Following the program, guests lunched on the theater’s Promenade, raising over $390,000 for the Company. Event Chairmen were Caroline Dean, Nina Griscom, Nicole Miller, and Katie von Strasser. Marc Hruschka of Chopard generously served as Corporate Chairmen. Sponsored by Chopard. 2007-08: WINTER SEASON The only reason I can bear the harsh weather of winter is because of New York City Ballet’s magnificent Nutcracker and its winter repertory season. Nothing is better than walking into the New York State Theater with frozen hands and feet and knowing that in a mere few minutes the greatest dance company in the world will be warming me up. —Jim Mattimore, —New York City Ballet Guild Member Mrs. Mertz loved New York City Ballet. Not long ago, I found a letter from George Balanchine to Mrs. Mertz thanking her for underwriting the costumes for Vienna Waltzes, saying they couldn’t have been created without her help. My fellow trustees and I felt how fitting it would be for the LuEsther T. Mertz Charitable Trust to honor her spirit with a gift to the Company for costume refurbishment. 15 Mrs. Mertz would be so pleased to know what a difference her legacy continues to make to her beloved ballet. —Larry Condon, Trustee, —LuEsther T. Mertz Charitable Trust 2008 Winter Season by the Numbers Ballets: 44 World Premieres: 3 Performances: 103 Featured role debuts: 140 Attendance: 226,679 Diamonds Maria Kowroski, Philip Neal 2007-08: SPRING SEASON The 2008 Spring Season recognized Robbins’ monumental artistic achievements and innumerable contributions to American culture on the 90th anniversary of his birth. From Broadway to ballet, Jerome Robbins was the most creative and revered choreographer this country has ever produced, and the spring repertory included 33 Robbins ballets on 10 dedicated programs exploring his choreographic inspirations and thematic fascinations. Highlights included major revivals of four works and a momentous restaging of Les Noces as Stravinsky and Robbins originally conceived and produced the ballet, with full choir and four grand pianos onstage. Guest artists from around the world and students from the School of American Ballet helped celebrate the occasion. New York City Ballet is extraordinarily grateful to The Jerome Robbins Foundation for support of the revival, refurbishment, and presentation of works by Jerome Robbins—particularly those works that have been absent from the repertory for more than four years—in preparation for the Jerome Robbins Celebration. Major support was also provided by the Joseph and Sylvia Slifka Foundation, with additional funding from the Harriet Ford Dickenson Foundation, The New York Community Trust–Mary P. Oenslager Foundation Fund, and National Endowment for the Arts. 16 2008 Spring Revivals Brahms/Handel Music by Johannes Brahms (Variations and Fugue on a Theme by Handel) Orchestrated by Edmund Rubbra Choreography by Jerome Robbins and Twyla Tharp Costumes by Oscar de la Renta Lighting by Jennifer Tipton Staged by Stacy Caddell Revival cast: Ashley Bouder, Wendy Whelan, Philip Neal, Andrew Veyette, Rebecca Krohn, Georgina Pazcoguin, Tiler Peck, Teresa Reichlen, Ana Sophia Scheller, Adrian Danchig-Waring, Jason Fowler, David Prottas, Amar Ramasar, Antique Epigraphs Saskia Beskow, Teresa Reichlen, Rebecca Krohn 2007-08: SPRING SEASON The ensemble of Jerome Robbins’ Les Noces Giovanni Villalobos, Likolani Brown, Kaitlyn Gilliland, Dara Johnson, Meagan Mann, Briana Shepherd, Sarah-Rose Williams, Stephanie Zungre, Russell Janzen, Vincent Paradiso, Justin Peck, Allen Peiffer, Matthew Renko, Troy Schumacher, Andrew Scordato Four Bagatelles Music by Ludwig van Beethoven Choreography by Jerome Robbins Costumes by Florence Klotz Lighting by Ronald Bates Revival cast: Ashley Bouder, Gonzalo Garcia Les Noces (A Dance-Cantata) Music by Igor Stravinsky Choreography by Jerome Robbins Set by Oliver Smith Scenic supervision by Rosaria Sinisi Costumes by Patricia Zipprodt Lighting by Jennifer Tipton Revival cast: Tiler Peck (The Bride), Rachel Rutherford and Stephen Hanna (Her Parents), Adam Hendrickson (The Groom), Rebecca Krohn and Jonathan Stafford (His Parents), Georgina Pazcoguin and Benjamin Millepied (Matchmakers), Faye Arthurs, Katie Bergstrom, Saskia Beskow, Amanda Hankes, Glenn Keenan, Lauren King, Meagan Mann, Gwyneth Muller, Gretchen Smith, Cameron Dieck, Kyle Froman, Austin Laurent, Vincent Paradiso, Justin Peck, David Prottas, Christian Tworzyanski, Max van der Sterre, Giovanni Villalobos Singers: Sari Gruber (Soprano), Elizabeth DeShong (Mezzo-Soprano), Bryan Griffin (Tenor), Jason Hardy (Bass) Percussionists: James Baker, Benjamin Herman, Michael Osrowitz, Joseph Passaro, Pablo Rieppi, James Sapporito 17 2007-08: SPRING SEASON Counterclockwise from above: Guest Artist Julie Kent and Damian Woetzel in Other Dances; Ashley Bouder and Gonzalo Garcia in Four Bagatelles; Nikolaj Hübbe in Watermill; Andrew Veyette, Wendy Whelan, Philip Neal, and Ashley Bouder in Brahms/Handel 18 Other Dances Music by Frédéric Chopin Choreography by Jerome Robbins Costumes by Santo Loquasto Lighting by Ronald Bates Revival cast: Julie Kent*, Damian Woetzel Pianist: Cameron Grant * Guest Artist Watermill Music by Teiji Ito Choreography by Jerome Robbins Costumes by Patricia Zipprodt Lighting by Jennifer Tipton Décor by Jerome Robbins in association with David Reppa Revival cast: Nikolaj Hübbe, Kaitlyn Gilliland, Zachary Catazaro, Matthew Renko, Adam Hendrickson, Katie Bergstrom, Saskia Beskow, Sophie Flack, Amanda Hankes, Dara Johnson, Glenn Keenan, Gwyneth Muller, Daniel Applebaum, Ralph Ippolito, Vincent Paradiso, Allen Peiffer, Justin Peck, David Prottas, Andrew Scordato, Henry Seth, Christian Tworzyanski, Max van der Sterre 2007-08: SPRING SEASON Former NYCB Principal Dancer Robert La Fosse and students from the School of American Ballet in Robbins’ Circus Polka Clockwise from above left: Corporate Chairman Richard Beckman with his wife Kristen, Lauren Bacall with Honorary Chairman Mica Ertegün, Peter Martins with Event Chairmen Charlotte Moss and Barry S. Friedberg and Veronique and Robert Pittman Event photos by Mary Hilliard The 2008 Spring Gala on April 29 officially started the Jerome Robbins Celebration, and the festive evening began with a poignant photo montage of archival images set to Chopin music famously used in Robbins’ Dances at a Gathering. Then the audience viewed a short film of Robbins preparing dancers for the premiere of his West Side Story Suite at New York City Ballet. The dancing began in earnest as the littlest of dancers took the stage in Circus Polka, followed by his glowing The Four Seasons and an ebullient performance of the now immortal West Side Story Suite. Following the program, guests gathered on the Promenade and Terrace for an elegant supper ball. Honorary Chairman Mica Ertegün and Event Chairmen Charlotte Moss and Barry S. Friedberg and Veronique and Robert Pittman joined Vice Chairman Eric Nederlander and Corporate Chairman Richard D. Beckman of Condé Nast Media Group in helping to make the evening a spectacular occasion. Honorary Artists Committee Members for the event included Jason Alexander, Lauren Bacall, Mikhail Baryshnikov, Arthur Laurents, Santo Loquasto, Patti LuPone, Rita Moreno, Bernadette Peters, Hal Prince, Chita Rivera, Stephen Sondheim, Susan Stroman, and Jennifer Tipton. With the leadership and generosity of the chairmen, committee members, and numerous others, New York City Ballet raised more than $2.2 million, the most successful fundraising event in the Company’s history. Sponsored by Condé Nast Media Group. 19 2007-08: SPRING SEASON Company members in a Roman-inspired skit Always one of the hottest tickets on the New York social calendar, the Company’s 24th annual Dance with the Dancers benefit on June 9, titled “When in Rome...,” brought true bacchanalian revelry to the New York State Theater. Dressed in chic togas and crowned with laurel wreaths, guests sipped on P.I.N.K. Lemonade before sitting down to a feast that would have made the gods proud. Between courses, Company dancers entertained guests with a ravishing performance featuring, among others, Cleopatra and Mark Antony, before opening the dance floor to attendees. 20 Clockwise from above left: Event Chairman Jennie Tarr Coyne with Dancer Chairmen Megan Fairchild, Georgina Pazcoguin, and Sean Suozzi; Event Chairmen Tatiana and Campion Platt; Event Chairman Allison Sarofim; Corporate Chairman Carol A. Smith Hosted by Dancer Chairmen Megan Fairchild, Georgina Pazcoguin, and Sean Suozzi, Event Chairmen Jennie Tarr Coyne, Tatiana and Campion Platt, and Allison Sarofim, along with Corporate Chairmen Carol A. Smith of ELLE and Vincent Ottomanelli of Salvatore Ferragamo, more than 600 guests celebrated into the morning hours, raising over $449,000. with Joe Lee and Corporate Chairman Vincent Ottomanelli with Dana Gers Event photos by Mary Hilliard Sponsored by ELLE and Salvatore Ferragamo. 2007-08: SPRING SEASON Wendy Whelan and Benjamin Millepied with the ensemble of Alexei Ratmansky’s Concerto DSCH Concerto DSCH The spring season’s first world premiere, Alexei Ratmansky’s Concerto DSCH, entered the repertory on May 29. With its thrilling Shostakovich score and dynamic texture, this new work was warmly received by enthusiastic audiences and cited by The New York Times as “the most captivating classical ballet premiere in years.” Music by Dmitri Shostakovich Choreography by Alexei Ratmansky Costumes by Holly Hynes Lighting by Mark Stanley Original cast: Ashley Bouder, Wendy Whelan, Joaquin De Luz, Gonzalo Garcia, Benjamin Millepied, Rebecca Krohn, Rachel Rutherford, Abi Stafford, Craig Hall, Amar Ramasar, Jonathan Stafford, Saskia Beskow, Lauren King, Georgina Pazcoguin, Stephanie Zungre, Antonio Carmena, Adrian Danchig-Waring, Adam Hendrickson, Sean Suozzi Solo pianist: Susan Walters Concerto DSCH was made possible in part by support from The Irene Diamond Fund, Lila Acheson and DeWitt Wallace Endowment Fund, The Fan Fox and Leslie R. Samuels Foundation, contributors to the New Combinations and Repertory Funds, and a dance commissioning grant from the New York State Council on the Arts. 21 SPRING SEASON 2008 Spring Season by the Numbers Ballets: 61 World Premieres: 2 Featured role debuts: 124 Performances: 63 Attendance: 103,571 Chairing the fund raising for Dancers’ Choice was the most satisfying project I had ever attempted: it was a joy to help ensure that the dancers have a cushion in cases of calamity. —Arlene C. Cooper, Dancers’ Choice Chair CIT is pleased that participation in the Fourth Ring discount ticket program 22 has more than tripled during the two years of our sponsorship. We are proud to support New York City Ballet as it continues to find new audiences to delight and inspire. —Jeffrey M. Peek, Chairman and Chief —Executive Officer of CIT I’m Old Fashioned Sara Mearns, Stephen Hanna 2007-08: SPRING SEASON World Premiere Flit of Fury—The Monarch Music by Aaron Severini Choreography by Adam Hendrickson Woman’s costume by Magda Berliner Men’s costumes by Adam Hendrickson Lighting by Mark Stanley Original cast: Gretchen Smith, Robert Fairchild, Allen Peiffer, David Prottas, Sean Suozzi Duo-pianists: Steven Beck, Stephen Gosling Clockwise from top left: Janie Taylor and Craig Hall in Peter Martins’ Purple; Robert Fairchild, Allen Peiffer, Sean Suozzi, and David Prottas in the world premiere of Flit of Fury—The Monarch; Savannah Lowery in Balanchine’s Union Jack On June 27, the last Friday of the Company’s spring season, New York City Ballet held a benefit performance to support the Dancers’ Emergency Fund. Originally conceived by Jerome Robbins, the fund was instituted to provide financial resources for NYCB dancers in situations of extraordinary need. Principal Dancer Jonathan Stafford was chosen by Peter Martins to organize the entire evening, which included a world premiere ballet as its centerpiece, choreographed by Soloist Adam Hendrickson to music composed by Corps de Ballet Member Aaron Severini. Other program highlights included performances of Mr. Martins’ Beethoven Romance and Purple and the pas de deux from Christopher Wheeldon’s Mercurial Manoeuvres, as well as excerpts from Balanchine’s Emeralds, Rubies, Square Dance, Stars and Stripes, Symphony in C, and Union Jack, and Robbins’ Dances at a Gathering, Glass Pieces, and Interplay. The evening also included two short films: the first was a documentary on the creation of Flit of Fury—The Monarch in which Mr. Hendrickson and Mr. Severini shared their inspirations for the piece between clips of their rehearsals; the second film, When We Were Kids, included charming interviews of current dancers spliced with footage of them dancing as children. Dancers’ Choice restored a tradition at NYCB of holding benefits for the Fund. Thanks to the leadership of Arlene C. Cooper, over $75,000 was raised for the production of Dancers’ Choice, thus allowing the Company to collect over $100,000 for the Dancers’ Emergency Fund from ticket sales, t-shirt and gift shop sales, and donations to the silent auction. Additional thanks is extended to Haerer Printing Solutions for their printing of promotional materials. New York City Ballet collaborated with Matt Sundin/ Emsfilm on video production. 23 Company class onstage at the London Coliseum Photo by Kyle Froman Washington, D.C. Saratoga Springs, New York While New York City Ballet spends most of its performance calendar in New York City, the Company is fortunate to share its wealth of repertory and magnificent dancers with audiences outside of the city. NYCB journeyed upstate in July 2007 for its 42nd residency at the Saratoga Performing Arts Center. Fulllength ballets are always a special treat in the open-aired amphitheater, and the season included four performances of Mr. Martins’ new Romeo + Juliet. A special gala performance on July 14 featured Christopher Wheeldon’s Carousel (A Dance), Alexei Ratmansky’s Middle Duet, Balanchine’s Tarantella, and Aurora’s Wedding from Peter Martins’ full-length The Sleeping Beauty. 24 We participated in the Company’s patron trip to London and were so very impressed with our dancers, especially watching them perform in a different setting for audiences who don’t have the opportunity to see them as often as we do! —Ahmet and Noriko Cakmak, —New York City Ballet Patrons Three days after the Company concluded its 2008 Winter Season in NYC, it was back onstage for 7 performances (February 27 through March 2) at the John F. Kennedy Center for Performing Arts. Sarah Kaufman of The Washington Times, praised the dancers: “What strikes you foremost is the dancers’ sweep, their ability to simply get moving, and to do it with speed. A powerful propulsion was at the core of each work.” This was NYCB’s fifth trip to Washington, D.C., since 2004. London, England After 25 years’ absence, New York City Ballet returned to London in March 2008 for 14 performances at the London Coliseum, opening the momentous occasion with a program to match: Balanchine’s Serenade, Agon, and Symphony in C. Mark Monahan of The Daily Telegraph called the all-Balanchine program “a tremendous evening of exceptionally confident dancing.” The repertory also included an all-Robbins program, an all-American program including Thou Swell, Tarantella, Western Symphony, and West Side Story Suite, as well as a program with works by Mauro Bigonzetti, Martins, Wheeldon, and Ratmansky. New York City Ballet’s touring activity is made possible in part by endowment grants from the Harriet Ford Dickenson Foundation and The Andrew W. Mellon Foundation, with additional support provided by the Lila Acheson and DeWitt Wallace Endowment Fund. 2007-2008 Notable Artifacts Donor: Time Life 8 boxes of news clippings from the 1940s and 1950s on NYCB and related artists Donor: Barbara Weisberger, Founder of Pennsylvania Ballet and the first child student enrolled at The School of American Ballet in 1934 The Metropolitan Opera in a performance of 2 photo scans of George Balanchine’s Aida for the Metropolitan Opera Aida choreographed by Balanchine Donor: NYCB Costume Shop The NYCB Archive continues to expand its accumulation of resources and reach of support, fielding questions from researchers and members of the press as well as serving the Company’s own needs. During April of 2008, the Archive relocated from its former home at 111th Street and Broadway to its new location at 1 Chase Manhattan Plaza. In addition to tripling its space to approximately 3,000 square feet, the Archive’s facilities now include climate control, UV filters on the lights, air purifier units, and custodial support—significant improvements over its previous space. The relocation required numerous hours of preparation in order to schedule the transfer in such a way that the boxes were handled as few times as possible. Each carton was numbered and its dimensions noted in a spreadsheet, so appropriate shelving could be ordered and assembled prior to the move. Fragile items were repackaged to avoid damage in transit, and each box was given a specific location to permit overall growth within the various collections. Clancy-Cullen Moving & Storage, Co. facilitated the weeklong relocation, handling the Company’s many treasures with the greatest of care. Special thanks to JPMorgan Chase for housing the New York City Ballet Archive. Original Rubies costume worn by Karin von Aroldingen, made in Karinska’s shop, and Balanchine’s honorary doctoral gown from Columbia University At the close of the year, the Archive’s 28,756 records were housed in the following collections: Nancy Norman Lasalle Ballet Society Collection: 6,679 entries New York City Ballet Collection: 17,266 entries The School of American Ballet Collection: 3,529 entries Tanaquil Le Clercq Collection: 997 entries John Taras Collection: 285 entries 2007-08 SEASON 2007-08 Public Programs Ballet Among the Blooms 2-hour presentation at NY Botanical Garden Ballet for Young People 1-hour onstage programs: 1 Winter, 1 Spring Children’s Workshops 45-minute pre-performance workshops: 3 Winter, 3 Spring NYCB Seminars Above: Savannah Lowery 90-minute onstage panel discussions: 3 Winter, 1 Spring performs the Arabian variation from George Balanchine’s The Nutcracker TM at a Ballet Studio Talks for Young People presentation; right, NYCB’s 45-minute pre-performance programs: 4 Winter, 4 Spring youngest fans participating in a Children’s Workshop 26 Public Programs at NYCB Throughout the performance season, NYCB helped bring audience members closer to the artists onstage by presenting public programs and exhibitions to broaden their understanding of the accomplishments achieved through the hard work of its thrilling dancers and the numerous staff members behind the scenes. Chief among these programs are the Company’s Close-Up events offering opportunities to learn from and interact with members of the Company. Public programs during the 2008 fiscal year included NYCB Seminars onstage at the New York State Theater and informal Studio Talks with dancers, musicians, choreographers, designers, and ballet masters, as well as opportunities for first-time ballet-goers to explore the world of dance at An Evening with Friends at the Ballet and First Position Discussions. Families with children had the chance to get their bodies moving at Children’s Workshops, where their imaginations were inspired by lively, interactive movement activities. Ballet for Young People, a child-friendly one-hour adventure into the world of choreography, is always a popular choice among the Company’s youngest fans. Exhibitions Since the Company’s 50th anniversary celebration during the 1998-1999 Season, NYCB has exhibited photo galleries in the New York State Theater during its performance seasons. This year photo exhibits included The Nutcracker Project Student Art and Poetry Exhibit, showcasing public school students’ creative works, and a new exhibit in the spring, Jerome Robbins: A Celebration in Photographs, that celebrated the life of Jerome Robbins with 100 panels illustrating his upbringing and career, including historical documents and archival images of his works. 2007-08 SEASON NYCB Educational Programs by the Numbers Backstage at the Ballet 1-hour tours, Preschool–2nd Grade Total Participants: 720 Working Day with NYCB 1-hour tours, 3rd–College Total Participants: 727 Ballet Fanfare Lecture Demonstrations Total Participants: 1,418 Nutcracker Project Clockwise from top: Curricular academic program, 3rd–4th Grade Total Participants: 1,274 participants on a Backstage at the Ballet tour, public school students in a Ballet Bridges choreographic Ballet Bridges Elementary exploration, NYCB dancer Ralph Ippolito demon- Curricular movement program, 3rd–5th Grade Total Participants: 1,321 strates correct posture for Physical Therapist Katy Keller during NYCB’s Wellness Weekend, a young student holding Ballet Bridges Middle School a pointe shoe for the first time Outreach in NYC and the Greater Metropolitan Area New York City Ballet continues inspiring thousands of people outside of the theater, informing them of the cultural and physical importance of ballet through outreach programs for schools and the general public. The Company strives to give back to the greater metropolitan community through its school programs and this year reached over 6,500 students in all five of New York City’s boroughs in addition to three counties outside of New York. Support for New York City Ballet’s education and outreach programming in 2007-2008 was provided by Citi Foundation, Sue and Michael Steinberg, The Tiger Baron Foundation, The Dreitzer Foundation, Rose M. Badgeley Residuary Charitable Trust, Edith Everett, Macy’s Foundation, Murray L. Nathan, Naomi O. Seligman, and other generous contributors to the Mentors Circle and Education Funds. Curricular movement program, 6th–8th Grade Total Participants: 255 NYCB Workout High School Physical education and master classes Total Participants: 629 NYCB Internships Total Participants: 4 Wellness Workshops Total Participants: 197 in 6 cities Wellness Weekend Total Participants: 172 2007-08 SEASON 2007-2008 Fellowship Initiative Grants Ballet Met Artistic Director: Gerard Charles Choreographer/Fellow: Adam Hundt Carolina Ballet Artistic Director: Robert Weiss Choreographer/Fellow: Attila Bongar Milwaukee Ballet Artistic Director: Michael Pink Choreographer/Fellow: Petr Zaradnicek North Carolina Dance Theatre Artistic Director: Jean-Pierre Bonnefoux Choreographer/Fellow: Madeline Guerdat 28 An affiliate of NYCB, the New York Choreographic Institute was founded by Peter Martins and Irene Diamond in the spring of 2000 with a gift of $5.5 million from the Irene Diamond Fund to encourage aspiring and established choreographers alike in their artistic development. The Institute’s primary activity is to provide choreographers with the opportunity to develop their craft in a nurturing environment, free of the pressures associated with public performances. This is achieved during two working sessions in New York at NYCB’s rehearsal studios each year. The choreographers’ work in the studio is supplemented by attending performances and exhibitions throughout the city with the intent of helping to inform their choreographic decisions by broadening an understanding of performance and fine art. In addition to its New York choreographic sessions, the Institute established a Fellowship Initiative program in 2005. Designed to give other classical dance companies the means to replicate, on a smaller scale, the opportunities that the Institute provides to choreographers, the Institute annually awards as many as five fellowships of up to $15,000 to recipient companies to create programs that encourage the development of classical choreographers. The fellowships are granted to both national and international classical dance companies that are willing to supply choreographers with the dancers, musicians, and studio time necessary to explore their craft. As the Institute’s interest is in the process of choreography itself, the fellowships do not involve costumes, scenery, or lighting designs, but do culminate in an informal showing of the work created. 2007-08 SEASON 2007-2008 New York Choreographic Institute Participants 2007 Fall Session Jiri Bubenicek— Dresden Semperoper Ballet, principal dancer; choreographer Top to bottom: students from the School of Douglas Lee— Stuttgart Ballet, principal dancer; choreographer American Ballet in Michael Tucker’s spring session choreographic work; NYCB’s Megan LeCrone, Zachary Annabelle Lopez Ochoa— choreographer Catazaro, and Mary Elizabeth Sell performing Douglas Lee’s choreo- Richard Siegel— The Bakery, artistic director; choreographer graphy; the 2008 Spring Session choreographers (left to right): Alejandro Cerrudo, Daniela Cardim, Massimiliano Volpini— Teatro alla Scala Ballet, corps de ballet member; choreographer Kiyon Gaines, Matthew Renko, Darius Barnes, and Michael Tucker Opposite: SAB student Shelby Elsbree and NYCB dancer Anthony Huxley 2008 Spring Session performing choreography Darius Barnes— New York City Ballet, apprentice by Jiri Bubenicek Middle photo this page and photo on opposite page by Daniela Cardim— Het Nationale Ballet, coryphée; choreographer Rosalie O’Connor With the conclusion of the Fall 2007 and Spring 2008 choreographic sessions, a total of 58 choreographers from more than ten different countries have participated in the Intitute’s 15 sessions during its seven years of existence. In addition to leadership gifts from The Irene Diamond Fund, major funding for the Institute’s endowment has been contributed by Bob and Martha Lipp, Harriet Ford Dickenson Foundation, Agnes Gund and Daniel Shapiro, and Barry S. Friedberg and Charlotte Moss, with additional generous support from Marie Nugent-Head and James C. Marlas, The Hochberg Foundation Trust, Annie and Art Sandler, David and Susan Viniar, and The Horace W. Goldsmith Foundation. Alejandro Cerrudo— Hubbard Street Dance Chicago Kiyon Gaines— Pacific Northwest Ballet, corps de ballet member; choreographer Matthew Renko— New York City Ballet, apprentice Michael Tucker— The School of American Ballet, student 29 2007-08 SEASON Rebecca Krohn, Sean Suozzi, and Ellen Bar in George Balanchine’s Agon 30 Since 1985, NYCB’s loyal volunteers have provided services to all areas of the Company as well as actively supporting and promoting the Company among friends and family. Over 250 in number, and ranging in age from 16 to 90, volunteers maintain an enthusiastic and helpful presence while staffing Green Room receptions, providing patron assistance at information tables, and selling mementos at the Gift Shop. Volunteers also help research and write repertory notes for world and Company premieres as well as biographical information for the composers and choreographers. These notes are in turn distributed to subscribers and made available in weekly editions at information tables during performances, where information on the New York State Theater, costuming, and pointe shoes is also provided for audience members. Each year, volunteers contribute valuable assistance, staffing special performances and events at the theater. This includes meeting and greeting audience members at open dress rehearsals and educational events, giving more than 30 docent talks per season for first-time ballet-goers, and coordinating rehearsal visits for members of the NYCB Guild. Additionally, volunteers assist the Company’s administrative offices at both the theater and the Rose Building, saving the Company and its staff innumerable hours and money. We are grateful for the unwavering dedication of all our volunteers. The Company extends its appreciation to Mr. Babbington Caterers and Whole Foods for their generosity and support of NYCB’s volunteers. 2007-08 SEASON Nikolaj Hübbe (above) and Damian Woetzel taking their final bows with New York City Ballet On a very emotional Sunday afternoon, Nikolaj Hübbe gave his final performance as a New York City Ballet principal dancer. The program on February 10 showed the range of his astonishing talents—from classical to folk-tinged and streetsmart to comedic, including excerpts from Balanchine’s Apollo and Western Symphony, Robbins’ West Side Story Suite, and Martins’ Zakouski. Along with dancing these four ballets, Mr. Hübbe also staged Bournonville’s Flower Festival pas de deux for two young dancers from the corps de ballet, Kathryn Morgan and David Prottas, showing off his skills as a ballet master. These skills will come in handy in the next phase of his life as Artistic Director of the Royal Danish Ballet, the company where he started his career. On June 18, the company celebrated the career of one of its most charismatic principal dancers. Damian Woetzel’s powerful and passionate performances captivated the hearts of innumerable audiences, and he marked his retirement with a unique one-evening-only performance. The farewell program featured Mr. Woetzel in Robbins’ Fancy Free and Balanchine’s Rubies and Prodigal Son, with three casts of principals sharing the responsibility of dancing Rubies alongside Mr. Woetzel. 31 The ensemble of Jerome Robbins’ Glass Pieces 32 New York City Ballet’s 2007-2008 Season was made possible by generous grants from the Joseph and Sylvia Slifka Foundation, Harriet Ford Dickenson Foundation, Richard Haven Lasdon, The Jerome Robbins Foundation, Denise Sobel and Norman Keller, The Fan Fox and Leslie R. Samuels Foundation, The Irene Diamond Fund, The Shubert Foundation, The Ambrose Monell Foundation, The Florence Gould Foundation, Geoffrey C. Hughes Foundation, LuEsther T. Mertz Charitable Trust, The New York Community Trust–Mary P. Oenslager Foundation Fund, New York State Music Fund, Kent Simons, The Starr Foundation, Sue and Michael Steinberg, and public funds from the New York State Council on the Arts, New York City Department of Cultural Affairs, and the National Endowment for the Arts. New York City Ballet also extends thanks to the many other donors who generously support the Company. Special thanks is extended to CIT, who for the second year running has sponsored $20 tickets in the Fourth Ring for New York City Ballet performances at the New York State Theater. CIT also graciously supported two open dress rehearsals, one each in the winter and spring repertory seasons, opening doors to audiences that might not normally have the opportunity to come to the ballet. We are fortunate to be able to support New York City Ballet, and we have enjoyed seeing the Company grow and develop over the years. —Denise Sobel and Norman Keller, —New York City Ballet Patrons 2007-08 ANNUAL REPORT2007-08 SEASON Revenues Other Income 2% Investment Income 45% Performance Ticket Sales and Tour Fees 70% Ballet Production Costs 16% Public Support 37% Expenses Production Management Expenses 7% Facility Expenses Support Services 8% 15% Public Support Government 37% 8% Corporations Foundations 8% Individuals (including Guild memberships) 11% Estates & Trusts 13% 23% Special Events New York City Ballet’s gross operating revenues from all sources were $59,672,000, which was an increase of 3% over the prior fiscal year. Ticket sales and tour fees of $26,831,000 increased $54,000 from 2007. Contributions designated for operations totaled $22,088,000 or 37% of total revenues, a 1% increase from 2007. Investment income from endowment of $9,330,000 was an 11% increase from 2007. Endowment investments totaled $142,411,000, down from $171,296,000 on June 30, 2007. Operating expenses in 2008 were $60,828,000, a 3% increase from 2007. The excess of expenses over revenues resulted in a $1,156,000 operating deficit. For a complete set of financial statements, please go to nycballet.com/company/ reports.html or call 212-870-7784. 33 NEW YORK CITY BALLET, INC. FINANCIAL STATEMENTS Statements of Financial Position at June 30, (in thousands) 2008 2007 $ 26,124 $ 12,069 142,411 9,489 285 157 990 1,797 171,296 11,858 359 181 1,127 603 5,944 6,403 $ 187,197 $ 203,896 $ 3,553 $ 3,419 – 898 7,056 59 734 5,619 11,507 9,831 (6,881) 4,283 64,135 61,537 (2,803) 4,635 77,909 79,741 289 5,118 632 6,039 360 5,983 505 6,848 57,750 20,844 29,520 108,114 57,750 20,626 29,100 107,476 175,690 194,065 $ 187,197 $ 203,896 Assets Cash and cash equivalents Investments Pledges receivable Accounts receivable Inventory Deferred production costs Due from CCMD Leasehold in Rose Building and other property and equipment, less accumulated depreciation of $7,953 in 2008 and $7,299 in 2007 Total assets Liabilities and net assets Liabilities: Accounts payable and accrued expenses Advance ticket sales and other deferred revenue Payroll-related liabilities due to CCMD Payroll-related and other liabilities Total liabilities Net assets Unrestricted: Undesignated Investment in Rose Building Board-designated (see note 7) 34 Temporarily restricted: Future productions Time and other restrictions Dancers’ emergency Permanently restricted: Wallace endowment Unrestricted endowments Restricted endowments (see note 7) Total net assets Total liabilities and net assets The accompanying notes are an integral part of these financial statements Statements of Activities for the year ended June 30 (in thousands) 2008 2007 $ 26,831 $ 26,777 9,330 1,423 8,400 983 37,584 36,160 42,663 4,738 4,048 51,449 40,647 4,260 4,031 48,938 4,581 4,798 9,379 4,442 5,608 10,050 60,828 58,988 (23,244) (22,828) Changes in unrestricted net assets Operating revenues: Performance ticket sales and tour fees Investment income not to exceed spending policy Other revenues Total operating revenues Operating expenses: Program services: Ballet production costs Facility expenses Production management expenses Supporting services: Administration Public support expense Total operating expenses Loss from operations before public support Public support including utilization of temporarily restricted net assets: Appropriation from the City of New York Other governmental agencies Special events Guild memberships and activities Foundations Corporations Individuals Estates and trusts Total public support Operating deficit Pension plan and post employment adjustments Investment income over spending policy (Decrease) increase in unrestricted net assets (continued) 1,340 346 5,148 2,847 2,537 1,687 5,394 2,789 1,246 300 5,033 2,663 2,938 2,123 7,027 518 22,088 21,848 (1,156) (980) (606) (16,442) (1,632) 17,352 $ (18,204) $ 14,740 35 Statements of Activities for the year ended June 30 (continued) (in thousands) 2008 2007 Changes in temporarily restricted net assets Investment revenue $ (11) Public support: City support Other government Guild memberships Foundations Corporations Individuals Estates and trusts Utilization of temporarily restricted net assets Change in value of split-interest arrangements – 115 – 646 1,115 2,021 – (4,704) 9 (Decrease) increase in temporarily restricted net assets (809) $ 1,387 3 90 – 1,681 1,083 3,024 11 (6,430) 68 917 Changes in permanently restricted net assets Public support: Foundations Corporations Individuals Increase in permanently restricted net assets 114 11 513 4,612 – 162 638 4,774 Change in total net assets (18,375) Net assets: Beginning of year 194,065 173,634 End of year $ 175,690 $ 194,065 36 The accompanying notes are an integral part of these financial statements 20,4311 Statements of Cash Flows for the year ended June 30 (in thousands) 2008 2007 Cash flows from operating activities Change in net assets: Unrestricted Temporarily restricted Permanently restricted Adjustments to reconcile change in net assets to net cash used in operating activities: Depreciation Contributions restricted for long-term activities Net losses/(gains) on investments (Increases) decreases in assets: Pledges receivable Accounts receivable Inventory Deferred production costs Due from CCMD (Increases) decreases in liabilities: Accounts payable and accrued expenses Advance ticket sales and other deferred revenue Payroll-related liabilities due to CCMD Payroll-related and other liabilities Net cash used in operating activities $ (18,204) $ 14,740 (809) 638 917 4,774 (18,375) 20,431 672 (400) 9,160 592 (1,026) (25,196) 2,369 74 24 137 (1,194) (1,222) 160 23 70 196 134 (59) 164 1,437 2,000 (223) 45 100 (5,857) (4,050) 56,485 (36,760) (213) 19,512 52,304 (53,296) (79) (1,071) 400 400 1,026 1,026 14,055 (4,095) Cash flows from investing activities Proceeds from sales of investments Purchases of investments Purchases of property and equipment Net cash provided by (used in) investing activities Cash flows from financing activities Endowment contributions Net cash provided by financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents Beginning of year End of year The accompanying notes are an integral part of these financial statements 12,069 16,164 $ 26,124 $ 12,069 37 1. Summary of Financial Statement Presentation and Significant Accounting Policies The New York City Ballet, Inc. (City Ballet) is a not-for-profit organization and a constituent of City Center of Music and Drama, Inc. (CCMD). City Ballet operates as an entity independent of CCMD that provides certain services as described further below. CCMD is the sole member of City Ballet. City Ballet is a tax-exempt organization and, accordingly, is not subject to income tax in accordance with §501(c)(3) of the Internal Revenue Code (the “Code”) and has been classified as a publicly supported organization as defined in §509(a)(2) of the Code. Contributions to City Ballet are tax deductible to contributors as provided by law. The following is a summary of significant accounting policies consistently followed by City Ballet in the preparation of its financial statements. Financial statement presentation The accounts of City Ballet are maintained in accordance with the principles of fund accounting. This procedure classifies resources for accounting purposes into funds established to reflect the activities and objectives specified by donors and/or City Ballet’s Board of Directors. The financial statements are presented in accordance with accounting principles generally accepted in the United States of America, which require that a not-for-profit organization’s statement of financial position report the amounts for each of three classes of net assets— permanently restricted, temporarily restricted, and unrestricted—based upon the existence or absence of donor-imposed restrictions. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make assumptions and estimates that affect the amounts reported. Reclassifications Certain prior-year balances have been reclassified for comparative purposes. 38 Cash and cash equivalents Cash and cash equivalents consist of highly liquid investments with an original maturity of three months or less. Property and equipment City Ballet does not own any land or buildings. Purchases of furniture and equipment that are not material are charged to current operations. Significant additions are capitalized and are depreciated using the straight-line method over the estimated useful lives of the assets. Investments The investments in the accompanying financial statements consist of marketable debt and equity securities, several money-market accounts and certain “alternative,” limited-partnership investments. The debt, equity and money-market investments are reported at their fair values, which are bases on quoted market prices. The alternative investments are adjusted to fair values annually, at City Ballet’s fiscal year-end, based on the valuations of the underlying assets as provided by the respective investment managers. Management reviews the calendar year-end audited values provided by the investment managers and believes the reported amounts of these investments at City Ballet’s fiscal year-end to be reasonable estimates of fair value. Board-designated funds Board-designated funds have been established by City Ballet as part of unrestricted net assets for purposes similar to those with donor-imposed restrictions. In June 1991 the Board adopted a policy permitting management to budget and expend a percentage (5.0% for fiscal-years 2008 and 2007) of a moving average of quarterly market values of its investment portfolio. The difference between this calculated amount and actual investment income is shown as “Investment income not to exceed spending policy” in the accompanying statements of activities and added to “Boarddesignated net assets.” Endowments, NEA and working capital reserve Endowments, including certain National Endowment for the Arts (NEA) challenge grant funds, are subject to the donor- imposed restriction requiring that the gift be maintained in perpetuity with only the income being utilized. All such funds are included as part of permanently restricted net assets. Amounts may be withdrawn from these funds during the year to finance current operations, with the condition that all withdrawals are fully repaid in cash prior to that fiscal year-end. Investment income from these funds is available for operations. Public support, grants, and contributions City Ballet reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit the use of the donation. When a donor restriction expires, that is, when a stipulated time restriction ends or a purpose restriction is accomplished, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statements of activities as part of public support including utilization of temporarily restricted net assets. Choreographic Institute Endowment The New York Choreographic Institute has a restricted endowment that supports its activities. At the close of fiscal-year 2008, $776,000 remained unutilized at year-end and is included in temporarily restricted net assets for the Choreographic Institute. Production costs City Ballet charges costume, scenery, and other production costs for current productions to expense as incurred. Costs relating to future productions are deferred until the year in which the productions are first presented. Allocation of expenses, income and support CCMD provides services to City Ballet in connection with its operation and management of the New York State Theater and other administrative and accounting services under a management and services agreement. CCMD’s New York State Theater facility expenses, facility income, and New York City facility support are allocated among the constituents based upon the number of scheduled performance weeks in the theater during the year. Allocation of expenses, income and support (continued) Administrative revenue and expense are allocated equally among the constituents except for contributions and grants restricted for theater improvements and depreciation of donated equipment and facilities. Allocated expenses result in intercompany receivables and payables that are periodically liquidated through cash transfers. Functional allocation of expenses Expenses are classified according to the programs for which they were incurred and are summarized on a functional basis in the accompanying statements of activities. Accordingly, certain costs have been allocated among programs and supporting services in reasonable ratios by management. New accounting pronouncements The Financial Accounting Standards Board has released Statement of Financial Accounting Standards (SFAS) No. 157, “Fair Value Measurement,” which defines fair value, establishes a framework for the measurement of the fair value of an organization’s assets and liabilities in various circumstances, and enhances disclosures about fair-value measurements. The City Ballet is required to adopt SFAS No. 157 for fiscalyear 2009. In August 2008, the FASB released a Staff Position document (FSP), FAS No. 117-1, “Endowments of Not-for-Profit Organizations: Net Asset Classification of Funds Subject to an Enacted Version of the Uniform Prudent Management of Institutional Funds Act, and Enhanced Disclosures for All Endowment Funds.” The FSP requires expanded disclosures about the activities in an organization’s endowment funds (both donorrestricted and board-designated) and is effective for City Ballet in fiscal-year 2009. 2. Investments The following is a summary of the quoted market value of investments and cash equivalents as of June 30th (in thousands): Equities Corporate bonds Government bonds Diversified hedge funds Cash equivalents 2008 2007 $ 44,791 $ 93,666 2,697 31,534 63,388 27,187 1,324 21,947 54,359 12,277 $ 169,597 $ 183,573 Total (loss)/income from investments amounted to $(7,122,000) and $27,139,000 in fiscal-years 2008 and 2007, respectively. These amounts are inclusive of utilized interest of $587,000 and $316,000 in 2008 and 2007, respectively. Year-to-year variation is due to market fluctuations and the performance of the portfolio managers. 3. Pledges Receivable Pledges have been recorded at their present value, net of applicable discounts, of $513,000 and $755,000 in fiscal-years 2008 and 2007, respec- tively. No provision for uncollectible pledges has been made. Pledges specifically for City Ballet’s endowment, net of applicable discounts, totaled $5,430,000 and $6,972,000 in fiscal-years 2008 and 2007, respectively. Pledges are expected to be collected as follows (in thousands): Less than one year One to five years 2008 2007 $ 4,513 $ 6,785 4,976 5,073 4. Pension Plans City Ballet participates in a noncontributory, defined-benefit pension plan (the “Plan”) for nonunion, salaried employees of CCMD and its constituents. Pension benefits are based on years of service and final average compensation, as defined in the Plan. Plan benefit obligations and assets are combined for all participants of the Plan. The policy is to fund annually the required contribution necessary to comply with the Employee Retirement Income Security Act of 1974. Unrestricted net assets decreased by $79,000 and $1,632,000 in fiscal-years 2008 and 2007, respectively, resulting from minimum pension liability adjustments required to increase the accrued pension benefit liability to the amount of the unfunded projected benefit obligation at each June 30. These amounts were inclusive of City Ballet’s share of CCMD’s costs. The fiscal-year 2007 adjustment is due primarily to changes in measuring the benefit obligation in accordance with the adoption of Financial Accounting Standards Board Statement No. 158, “Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans,” which requires the use of the pension plan’s projected benefit obligation instead of its accumulated benefit obligation for determination of the pension liability. Amounts are allocated to City Ballet based on an actuarial determination of City Ballet’s participation in the Plan. Separate information regarding the components of pension cost, the fair value of plan assets, and accumulated and projected benefit obligations is not available for City Ballet. Such information, along with the key actuarial assumptions, is contained in the financial statements of CCMD. City Ballet’s allocated portion of net periodic pension cost for fiscal-years 2008 and 2007 was $586,000 and $673,000, respectively. Partially as a result of these factors, City Ballet’s allocated portion of accrued pension benefit/liability at June 30, 2008 and 2007 was $3,090,000 and $2,969,000, respectively. City Ballet also contributes to union pension plans directly and through CCMD, based upon a percentage of those employees’ salaries. Pension costs associated with plans paid directly by City Ballet amounted to approximately $2,483,000 and $2,490,000 in fiscal-years 2008 and 2007, respectively. 39 5. Commitments Samuel B. and David Rose Building (Rose Building): During fiscal-year 1985, City Ballet entered into an agreement whereby it contributed, based on space usage, a pro rata share of the costs of the Rose Building. Under the agreement, City Ballet received a 99-year lease for its space. Construction costs were capitalized and are being amortized over the anticipated useful life of the building. Depreciation began in fiscal-year 1992 when the space was put into service, and amounted to $352,000 for fiscal-years 2008 and 2007. Also under the terms of the lease, in addition to its own operating costs, City Ballet is committed to pay its share of common area costs. Warehouse and telemarketing office: During fiscal-years 2008 and 2007, City Ballet leased space for two warehouses and a telemarketing office. Rent expense including these spaces for fiscal-years 2008 and 2007 was $408,000 and $209,000, respectively. Future minimum lease payments under these leases at June 30, 2008 are $109,000 for fiscal-year 2009 and $17,000 for fiscal-year 2010. 6. Postretirement and Postemployment Benefits Other than Pensions 40 In 1978, CCMD adopted the policy of providing the option to certain employees with 20 years of service and who were 65 years of age upon their retirement from City Ballet or CCMD, to continue in the group medical and life insurance plan, at no cost to the employee. The CCMD Board of Governors ended this policy in April 1995 for employees who had not vested in this benefit. In 1997 the CCMD Board of Governors reinstituted this benefit for all active employees who had, at that date, already achieved the requisite 20 years of service. In addition, City Ballet contracts with various unions include provisions for severance payments to members after they reach a predetermined length of service. City Ballet funds both of these obligations using the pay-as-you-go method. Subsequent to the adoption of FASB Statement No. 158 (see Note 4), the unrestricted net assets of City Ballet were decreased by $457,000 to record the adjustments required to increase the accrued postretirement benefit liability to the amount of the unfunded projected benefit obligation as of June 30, 2008. These amounts were inclusive of City Ballet’s share of CCMD’s costs. Such amounts are reflected as adjustments to net assets in the accompanying statements of activities. The following tables set forth basic information relating to the accrued benefit liability (in thousands): Postretirement Benefit Obligation at the end of year Accumulated Obligation Unrecognized Amounts 2008 2007 $ 1,157 $ 1,154 700 659 $ 457 $ 495 Postretirement Benefit Obligation at the end of year Actives not fully eligible to retire Actives fully eligible to retire Retirees End of year 2008 2007 $ 105 $ 95 199 853 186 873 $ 1,157 $ 1,154 The following items are the components of the net periodic postretirement benefit cost and corresponding changes to the accumulated obligation for each fiscal year (in thousands): Net periodic postretirement benefit cost: Service Interest Amortization of prior years’ service cost Amortization of accumulated loss Net periodic postretirement benefit cost Actual payments Net change Accumulated obligation: Beginning of year End of year 2008 2007 $ 3 $ 6 76 48 – 6 38 20 117 (76) 41 80 (62) 18 659 641 $ 700 $ 659 Estimated Benefit payments are as follows: Year Beginning July 1st Estimated Employer Benefit Payment 2008 $ 97 2009 98 2010 98 2011 98 2012 98 2013 98 2014–2018 499 The accumulated postretirement benefit obligation was actuarially determined as of June 30, 2008, using assumed discount rates of 6.75%. The assumed rate of future increases in health care was 10% in the first year, declining to 4% by the year 2018. Had the health-care cost-trend rate assumption been increased by 1%, the accumulated postretirement benefit obligation would have increased by 14%. The effect of this change on the sum of the service and interest cost components of net periodic postretirement benefit cost would have been an increase of 11%. The postretirement balance is reflected as part of payroll-related liabilities. 7. Net Asset Designations and Restrictions City Ballet’s Board of Trustees has designated some of its unrestricted net assets for certain purposes as follows (in thousands): 2008 2007 Cash/investment reserves $ 14,303 Functioning as endowment 44,990 1,606 Touring Repertory 3,236 $ 11,636 $ 64,135 $ 77,909 61,431 1,606 3,236 City Ballet’s donors have restricted the income from some of their endowment contributions for certain purposes as follows (in thousands): Touring Martins repertory fund Levin dancer Education Scenic design maintenance Robbins repertory fund Choreographic institute Nureyev emerging choreographers Dance on Balanchine repertory Musical leadership Kirstein apprentice and loan funds 2008 2007 $ 2,975 $ 2,975 3,000 1,000 905 250 67 15,642 3,000 1,000 905 250 67 15,457 675 481 2,310 2,000 457 464 2,310 2,000 215 215 $ 29,520 $ 29,100 8. Schedule of Functional Expenses Salaries Benefits Salaries and related benefits Occupancy Depreciation Printing Transportation Scenery, music, and costumes Professional fees Data processing, telephone and office expenses Miscellaneous expenses CCMD shared services allocation Ballet Production Costs Facility Expenses Production Mgmt. Expenses Total Program Services Admin. Public Support Expenses 2008 Total 2007 Total $ 24,082 $ 63 $ 3,226 8,041 19 750 $ 27,371 $ 1,453 $ 1,368 $ 30,192 $ 29,521 8,810 452 494 9,756 9,353 32,123 82 3,976 36,181 1,905 1,862 39,948 38,874 231 200 3,757 1,722 2,553 636 353 – – – – – – – – 867 553 3,757 1,722 2,553 2 50 32 39 – 6 51 178 112 – 875 654 3,967 1,873 2,553 764 592 4,329 1,534 2,614 1,446 392 – – 51 – 1,497 392 558 105 2,418 171 4,473 668 4,595 496 239 – – 3,667 21 – 260 3,667 349 1,541 – – 609 5,208 619 4,571 $ 42,663 $ 4,738 $ 4,048 $ 51,449 $ 4,581 $ 4,798 $ 60,828 $ 58,988 41 INDEPENDENT AUDITORS’ REPORT Eisner LLP Accountants and Advisors To the Board of Directors of New York City Ballet, Inc. We have audited the accompanying statements of financial position of the New York City Ballet, Inc. (“City Ballet”) as of June 30, 2008 and 2007, and the related statements of activities and cash flows for the years then ended. These financial statements are the responsibility of City Ballet’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements enumerated above present fairly, in all material respects, the financial position of the New York City Ballet, Inc. as of June 30, 2008 and 2007, and the changes in its net assets and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America. 42 New York, New York November 19, 2008 CREDITS ^ David H. Koch Theater, 20 Lincoln Center, New York, NY 10023 CREDITS ^ Cover: Abi Stafford and Albert Evans in George Balanchine’s Symphony in Three Movements Studio photography by Nick Heavican All other photography ©Paul Kolnik unless otherwise indicated Design: Design per se, Inc, New York The photographs in this book depict choreography copyrighted by the individual choreographers. Receipt of this book does not convey the right to reproduce the choreography, sets, or costumes depicted herein. ©New York City Ballet, Inc. The Cage Wendy Whelan, Craig Hall