2026-05-14T12:31:18-05:00 2025-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2024-07-01 042469627 BOSTON LYRIC OPERA COMPANY BOST 6175424912 15 CHANNEL CENTER STREET 106 BOSTON MA 02210 JARRELL PERKINS CHIEF FINANCIAL OFFICER 6175424912 2026-05-14 1 1 AMBER BICHUN P01718349 4014214800 2026-05-14 2024 2025-03-06 01:10:19Z JARRELL PERKINS 15 CHANNEL CENTER STREET 106 BOSTON MA 02210 18483570 0 X WWW.BLO.ORG X 1970 MA BOSTON LYRIC OPERA INSPIRES, ENTERTAINS, AND CONNECTS COMMUNITIES THROUGH COMPELLING OPERA PERFORMANCES, PROGRAMS, AND GATHERINGS. 28 28 355 70 0 0 8553258 12176507 908540 1191427 539875 1036565 129184 66972 10130857 14471471 0 0 0 0 4639780 5749744 0 0 1350531 8718804 6593171 13358584 12342915 -3227727 2128556 35514671 38216654 17296324 17421946 18218347 20794708 X BOSTON LYRIC OPERA INSPIRES, ENTERTAINS, AND CONNECTS COMMUNITIES THROUGH COMPELLING OPERA PERFORMANCES, PROGRAMS, AND GATHERINGS. 0 0 7609343 1191427 PRODUCTIONS:THE 2024/25 SEASON WELCOMED MORE THAN 22,200 AUDIENCE MEMBERS THE COMPANY'S HIGHEST ATTENDANCE IN MORE THAN A DECADE. THE PRODUCTION LINE-UP INCLUDED THE RARELY PERFORMED MITRIDATE, MOZART'S FIRST PUBLISHED OPERA; VERDI'S AIDA, BRINGING TOGETHER NEARLY 200 ARTISTS, INCLUDING 100 CHORISTERS AND A FULL ORCHESTRA; THE SEASONS, A WORLD-PREMIERE OPERA INSPIRED BY VIVALDI AND CLIMATE CHANGE WITH A LIBRETTO BY AMERICAN PLAYWRIGHT SARAH RUHL; AND RODGERS AND HAMMERSTEIN'S CAROUSEL, MARKING THE 80TH ANNIVERSARY OF THE PRODUCTION AND RETURNING THE SHOW TO THE HOME OF ITS 1940S PRE-BROADWAY TRYOUT. 383170 COMMUNITY & EDUCATION:MORE THAN 8,200 PEOPLE PARTICIPATED IN BLO'S FREE COMMUNITY AND EDUCATION PROGRAMS THIS SEASON. PROGRAMMING INCLUDED THE STREET STAGE OUTDOOR CONCERT SERIES, A MOBILE MUSIC VENUE THAT ACTIVATED NEIGHBORHOODS ACROSS GREATER BOSTON AND CULMINATED IN A BOSTON CITY COUNCIL RESOLUTION RECOGNIZING BLO'S CULTURAL LEADERSHIP. YOUTH ENGAGEMENT PROGRAMING INCLUDED BLO'S ANNUAL OPERA STORIES TOUR TO MORE THAN 20 SCHOOLS AND LIBRARIES AND THE COMPANY'S CREATE YOUR OWN OPERA" SCHOOL PARTNERSHIP PROGRAM SUPPORTING K-12 STUDENTS AS THEY WRITE, COMPOSE, REHEARSE, AND PREMIERE ORIGINAL OPERAS.THIS YEAR, BLO LAUNCHED A NEW COMMUNITY INITIATIVE, "RISING WATERS / RISING VOICES" TO ENGAGE IN PUBLIC CONVERSATIONS ABOUT THE CHALLENGES POSED BY CLIMATE CHANGE, WITH PARTNERS INCLUDING THE BOSTON PUBLIC LIBRARY, MUSEUM OF SCIENCE, GROUNDWATER ARTS, STONE LIVING LAB, AND THE MIT MEDIA LAB. A HIGHLIGHT OF THE INITIATIVE WAS A PERFORMANCE OF NOAH'S FLOOD, BLO'S FIRST FREE, PARTICIPATORY COMMUNITY OPERA, FEATURING 400 YOUTH AND COMMUNITY PERFORMERS AND PARTNERING BLO WITH A DOZEN COMMUNITY AND YOUTH-FOCUSED ORGANIZATIONS, WITH SPECIAL REMARKS BY MAYOR MICHELLE WU AND MASSACHUSETTS CULTURAL COUNCIL EXECUTIVE DIRECTOR MICHAEL BOBBITT. 4380 SPACE:THIS SEASON MARKED THE FULL ACTIVATION OF BLO'S OPERA + COMMUNITY STUDIOS, A 14,000+ SQUARE FOOT ART-MAKING AND CIVIC SPACE IN BOSTON'S FORT POINT NEIGHBORHOOD. IN 2024/25, THE STUDIOS HOSTED MORE THAN 100 PROGRAMS, REHEARSALS, EXHIBITIONS, COMMUNITY DIALOGUES, AND RENTALS; BECAME THE NEW HOME FOR ALL BLO STAGING, DESIGN, ORCHESTRA, CHORUS, AND MASTERCLASS REHEARSALS; AND HAS STRENGTHENED RELATIONSHIPS WITH NEIGHBORS, CIVIC PARTNERS, AND ARTISTS ACROSS THE REGION. 0 7996893 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 110 0 1 355 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X JARRELL PERKINS CHIEF FINANCIAL OFFICER 6175424912 15 CHANNEL CENTER STREET BOSTON MA 02210 WAYNE DAVIS PRESIDENT 1.00 X X 0 0 0 ANDREW EISENBERG VICE-PRESIDENT 1.00 X X 0 0 0 ALICIA COONEY CHAIR 1.00 X X 0 0 0 MIGUEL DE BRAGANCA VICE CHAIR 1.00 X X 0 0 0 SUSAN W JACOBS TREASURER 1.00 X X 0 0 0 DR IRVING H PLOTKIN CLERK 1.00 X X 0 0 0 MICHAEL PUZO IMMEDIATE PAST BOARD CHAIR 1.00 X 0 0 0 LINDA CABOT BLACK DIRECTOR 1.00 X 0 0 0 WILLIAM BODMAN DIRECTOR 1.00 X 0 0 0 TIMOTHY FULHAM DIRECTOR 1.00 X 0 0 0 CHRISTINE GOERKE DIRECTOR 1.00 X 0 0 0 JACK GORMAN DIRECTOR 1.00 X 0 0 0 LISA HILLENBRAND DIRECTOR 1.00 X 0 0 0 AMELIA WELT KATZEN DIRECTOR 1.00 X 0 0 0 SALLY KORNBLUTH DIRECTOR 1.00 X 0 0 0 MARIA J KROKIDAS DIRECTOR 1.00 X 0 0 0 JOHN LODER DIRECTOR 1.00 X 0 0 0 ABIGAIL B MASON DIRECTOR 1.00 X 0 0 0 JO FRANCES MEYER DIRECTOR 1.00 X 0 0 0 ANNE M MORGAN DIRECTOR 1.00 X 0 0 0 A NEIL PAPPALARDO DIRECTOR 1.00 X 0 0 0 MARIA PARK DIRECTOR 1.00 X 0 0 0 WINFIELD PERRY DIRECTOR 1.00 X 0 0 0 JENNIFER RITVO HUGHES DIRECTOR 1.00 X 0 0 0 SUSAN RODGERSON DIRECTOR 1.00 X 0 0 0 VINCENT D ROUGEAU DIRECTOR 1.00 X 0 0 0 ALEX SENCHAK DIRECTOR 1.00 X 0 0 0 RAY STATA DIRECTOR 1.00 X 0 0 0 PETER WENDER DIRECTOR 1.00 X 0 0 0 GEORGE YIP DIRECTOR 1.00 X 0 0 0 BRADLEY A VERNATTER GENERAL DIRECTOR AND CEO 40.00 X 350976 0 9498 ISHAN JOHNSON CHIEF PHILANTHROPY OFFICER 40.00 X 188534 0 10048 JARREL PERKINS CHIEF FINANCIAL OFFICER 40.00 X 163383 0 26250 DAVID A TOMPKINS CHIEF OPERATING OFFICER 40.00 X 165015 0 525 JULIA PROPP SENIOR MARKETING MANAGER 40.00 X 136505 0 861 LIZABETH MALANGA SENIOR ADMINSTRATOR 40.00 X 127354 0 1753 SARA C O'BRIEN COMMUNITY RELATION DIRECTOR 40.00 X 116328 0 302 NINA NELSEN ARTISTIC DIRECTOR 40.00 X 112658 0 13347 CATERINA PINA HUMAN RESOURCES DIRECTOR 40.00 X 100741 0 870 1461494 0 63454 9 0 1 0 RESILIENT PHILANTHROPY PO BOX 1919 WINTER PARK FL 32790 PHILANTHROPY CONSULTANT 506006 FLANSBURGH ASSOCIATES INC 77 NORTH WASHINGTON STREET BOSTON MA 02114 DESIGN DEVELOPMENT/CONSTRUCTION 282219 4WALL 7 MANLEY STREET WEST BRIDGEWATER MA 02379 VENUE/THEATER INFRASTRUCTURE 222717 CATERED AFFAIR PO BOX 432 HINGHAM MA 02043 CATERING 158463 THRIVE OPERATIONS 25 FORBES BOULEVARD SUITE 3 FOXBOROUGH MA 02035 IT SERVICE 144876 5 608118 11568389 1883015 12176507 TICKET SALES 711110 1191427 1191427 1191427 332093 332093 4430525 3726053 704472 704472 704472 1000 608118 286046 -285046 -285046 352018 352018 352018 14471471 1191427 0 1103537 X 815201 612524 152482 50195 4019693 3049484 728300 241909 31574 20507 8505 2562 508817 330478 137059 41280 374459 261738 69333 43388 139087 139087 47052 47052 77488 77488 1565596 1390164 127269 48163 91653 91526 127 175183 141090 22608 11485 239147 151770 84442 2935 28787 28561 226 1222216 989848 118767 113601 584425 471572 90731 22122 9982 1757 8176 49 151755 151755 97897 81967 15930 86764 86764 CAMPAIGN EXPENSES 1902718 212181 929743 760794 173421 161726 11695 12342915 7996893 2995491 1350531 178284 324477 1498169 3248316 5193761 4992482 147529 322194 87468 193478 1396567 645567 66150 751000 15508078 16133104 12835232 12251603 35514671 38216654 2585873 1878685 605216 243986 79257 75379 14025978 15223896 17296324 17421946 X -3414957 -424515 21633304 21219223 18218347 20794708 35514671 38216654 2128556 447805 0 X 0 0 0 X 5782089 4804379 9337471 8553258 12176507 40653704 5782089 4804379 9337471 8553258 12176507 40653704 8699309 31954395 334295 316564 413773 344451 332093 1741176 129184 352018 481202 42876082 4026728 0.74530 0.72480 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 129,184. 2024 AMOUNT: $ 352,018. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16538204 250000 1506182 792450 17501936 16263398 1575400 1300594 16538204 16102796 1058191 897589 16263398 18884128 300000 -1600070 1481262 16102796 15616855 3367273 100000 18884128 0.88240 0.11760 0 0 36270 17146 19124 1175050 476022 699028 185247 152399 32848 751000 OPERATING RIGHT-OF-USE ASSETS 12229436 DEPOSITS 22167 12251603 OPERATING LEASE LIABILITIES 12819433 LINE OF CREDIT 2381061 PPP LOAN PAYABLE 23402 15223896 X PART V, LINE 4: BLO HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR RESTRICTED FUNDS THAT BLO MUST HOLD IN PERPETUITY. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE PRIMARY LONG-TERM FINANCIAL OBJECTIVE IS TO PRESERVE THE REAL (I.E. INFLATION ADJUSTED) VALUE OF THE ENDOWMENT FUND PORTFOLIO. THIS OBJECTIVE IS MEASURED ON AN INTERMEDIATE AND LONG-TERM BASIS (THREE, FIVE AND TEN YEARS). THE SECONDARY FINANCIAL OBJECTIVES ARE TO PROVIDE WITHIN THE PARAMETERS OF MODERATE RISK; 1) ANNUAL INCOME, DEFINED AS TOTAL RETURN FROM INTEREST, DIVIDENDS AND APPRECIATION IN EXCESS OF INFLATION AND; 2) LONG-TERM GROWTH OF THE ASSETS. TO SATISFY ITS OBJECTIVES, BLO RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED GAINS) AND CURRENT YIELD (INTEREST AND DIVIDENDS). BLO TARGETS A DIVERSIIFED ASSET ALLOCATION THAT INCLUDES EQUITIES AND FIXED INCOME INVESTMENTS WITHIN PRUDENT RISK CONSTRAINTS. THE INVESTING AND SPENDING POLICIES ADOPTED INCORPORATE THE TRANSFER OF A PORTION OF THE VALUE OF ENDOWMENT ASSETS TO THE OPERATING BUDGET SUBJECT TO VARIOUS FACTORS. THE SPENDING POLICY IS CALCULATED AS FOLLOWS: BLO MAY, UNDER THE ADVISEMENT OF THE FINANCE COMMITTEE, TRANSFER TO THE OPERATING BUDGET ON A QUARTERLY BASIS AS DETERMINED BY THE CALCULATION FOR THE QUARTER, AN AMOUNT EQUAL TO A PERCENTAGE ESTABLISHED BY THE BOARD EACH FISCAL YEAR USING A 12-QUARTER ROLLING AVERAGE. PART X, LINE 2: BLO IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ASC TOPIC 740 ADDRESSES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND ESTABLISHES FOR ALL ENTITIES, INCLUDING NOT-FOR-PROFIT ENTITIES SUCH AS BLO, A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN FILING TAX RETURNS (INCLUDING WHETHER AN ENTITY IS TAXABLE IN A PARTICULAR JURISDICTION). BLO RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING BLO'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS RECORDED AS OF JUNE 30, 2025 OR 2024. BLO FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN THE STATE OF MASSACHUSETTS. GALA 609118 608118 1000 500 156431 20502 108613 609118 608118 1000 500 156431 20502 108613 286046 -285046 X X X X X 0 0 0 0 0 0 0 0 0 BRADLEY A VERNATTER GENERAL DIRECTOR AND CEO 350976 0 0 0 0 0 0 0 9498 0 360474 0 0 0 ISHAN JOHNSON CHIEF PHILANTHROPY OFFICER 188534 0 0 0 0 0 615 0 9433 0 198582 0 0 0 JARREL PERKINS CHIEF FINANCIAL OFFICER 163383 0 0 0 0 0 1238 0 25012 0 189633 0 0 0 DAVID A TOMPKINS CHIEF OPERATING OFFICER 165015 0 0 0 0 0 525 0 0 0 165540 0 0 0 X 14 1883015 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ARE BASED ON THE NUMBER OF TIMES CONTRIBUTIONS WERE RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B FINAL APPROVAL OF THE ANNUAL AUDITED FINANCIAL STATEMENTS AND CORPORATE TAX RETURNS IS VESTED WITH THE BOARD OF DIRECTORS UPON RECOMMENDATION OF THE EXECUTIVE, AUDIT, AND FINANCE COMMITTEES. A BOARD COMMENT PERIOD IS PROVIDED. FORM 990, PART VI, SECTION B, LINE 12C BLO COLLECTS DISCLOSURE STATEMENTS ANNUALLY FROM ALL BOARD MEMBERS AND FROM STAFF MEMBERS WITH SIGNIFICANT DECISION-MAKING AUTHORITY. POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD AND/OR GENERAL DIRECTOR OF BLO FOR CONSIDERATION BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A BLO USES SEVERAL INFORMATION SOURCES TO ESTABLISH COMPENSATION. THESE SOURCES INCLUDE SURVEY OF SALARY INFORMATION FOR POSITION EQUIVALENTS IN SELECTED MASSACHUSETTS CULTURAL INSTITUTIONS, OPERA AMERICA DATA ON SALARIES FROM ITS MOST RECENT SALARY AND BENEFITS SURVEY AND INDEPENDENT RESEARCH. FORM 990, PART VI, SECTION C, LINE 19 BLO DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON BLO'S WEBSITE, CHARITY NAVIGATOR, GUIDESTAR AND THROUGH THE CULTURAL DATA PROJECT (CDP). FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,390,164. MANAGEMENT AND GENERAL EXPENSES 127,269. FUNDRAISING EXPENSES 48,163. TOTAL EXPENSES 1,565,596.