2025-06-10T23:15:09-05:00 2024-07-31 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-08-01 940836240 SAN FRANCISCO OPERA ASSOCIATION SANF 4155653295 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 MATTHEW SHILVOCK CEO 4155653295 2025-06-03 1 1 KATY BROWN P00650274 9257902600 2025-06-03 2023 2025-03-06 01:10:19Z MATTHEW SHILVOCK 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 183097974 0 X WWW.SFOPERA.COM X 1923 CA THE WORLD-RENOWNED SAN FRANCISCO OPERA IS CONSIDERED ONE OF THE MOST IMPORTANT OPERATIC ORGANIZATIONS IN THE UNITED STATES. GREAT SINGING, OUTSTANDING CONDUCTING AND PRODUCTIONS SENSITIVE TO THE MUSIC ARE CORE VALUES OF THE OPERA. THE OPERA PERPETUATES ITS LEGACY THROUGH THE TRAINING OF YOUNG ARTISTS, ARTS EDUCATION, AND AUDIENCE DEVELOPMENT. 68 67 971 323 -599295 0 54207581 56422826 19107753 17804744 12874205 30374594 -853845 -703897 85335694 103898267 0 0 0 0 70498850 68313696 18321 202252 5193170 27885604 24845034 98402775 93360982 -13067081 10537285 346916574 362293193 34487962 33051951 312428612 329241242 X WE BELIEVE OPERA IS A UNIQUELY COMPELLING, ENTERTAINING AND EMOTIONALLY THRILLING ART FORM. OUR MISSION IS TO BRING TOGETHER GROWING AUDIENCES TO EXPERIENCE OPERA'S TRANSFORMATIVE POWER. 0 0 66930175 15412437 PRODUCTION AND ARTISTIC ACCOMPLISHMENTS - SAN FRANCISCO OPERA'S 2023-24 SEASON BEGAN ON FRIDAY, SEPTEMBER 8, 2023, WITH THE ANNUAL OPERA BALL GALA. THIS YEAR'S EVENT FEATURED SOLOISTS ROBERTO ALAGNA AND ALEKSANDRA KURZAK IN CONCERT WITH THE SAN FRANCISCO OPERA ORCHESTRA AND CHORUS UNDER THE BATON OF MUSIC DIRECTOR EUN SUN KIM. THE COMPANY'S 101ST SEASON LAUNCHED A NEW CENTURY FOR SAN FRANCISCO OPERA WITH EIGHT OPERAS ON THE MAINSTAGE, MULTIPLE CONCERTS AND OTHER SPECIAL EVENTS. THREE OF THE OPERAS WERE PREMIERES OF REPERTORY-EXPANDING NEW WORKS THAT WERE CO-COMMISSIONED BY SAN FRANCISCO OPERA: THE (R)EVOLUTION OF STEVE JOBS BY MASON BATES AND MARK CAMPBELL, OMAR BY RHIANNON GIDDENS AND MICHAEL ABELS, AND INNOCENCE, THE FINAL OPERA BY THE LATE FINNISH COMPOSER KAIJA SAARIAHO. THE OPENING NIGHT CONCERT AND ONE PERFORMANCE OF EACH OPERA WERE LIVESTREAMED AROUND THE WORLD.THE FIRST OPERA OF THE SEASON, OPENING ON SEPTEMBER 12, WAS THE CLASSIC BY GIUSEPPE VERDI, IL TROVATORE. THE CAST FEATURED ARTURO CHACON-CRUZ, ANGEL BLUE, EKATERINA SEMENCHUK, AND GEORGE PETEAN IN DAVID MCVICAR'S PRODUCTION WITH MUSIC DIRECTOR EUN SUN KIM CONDUCTING AND CHORUS DIRECTOR JOHN KEENE PREPARING THE ARTISTS OF THE SAN FRANCISCO OPERA CHORUS. ON SEPTEMBER 22, THE FIRST OF THE CO-COMMISSIONED NEW OPERAS, THE (R)EVOLUTION OF STEVE JOBS, OPENED WITH A CAST THAT INCLUDED JOHN MOORE, SASHA COOKE, BILLIE BRULEY, AND WEI WU IN THE PRODUCTION BY KEVIN NEWBURY UNDER THE BATON OF MICHAEL CHRISTIE. WAGNER'S LOHENGRIN RETURNED TO THE COMPANY'S STAGE IN OCTOBER AND NOVEMBER IN A NEW-TO-SAN FRANCISCO OPERA PRODUCTION BY DAVID ALDEN. AS PART OF HER COMMITMENT TO LEAD WORKS BY VERDI AND WAGNER EVERY SEASON, EUN SUN KIM WAS ON THE CONDUCTOR'S PODIUM FOR THIS MASSIVE-SCALED WORK. THE CAST WAS LED BY SIMON O'NEILL, JULIE ADAMS (MAKING HER ROLE DEBUT AS ELSA), JUDIT KUTASI (IN HER COMPANY AND ROLE DEBUTS AS ORTRUD), BRIAN MULLIGAN, AND KRISTINN SIGMUNDSSON. ON NOVEMBER 5, OMAR HAD ITS COMPANY PREMIERE IN THE PRODUCTION BY KANEZA SCHAAL AND STARRING JAMEZ MCCORKLE, BRITTANY RENEE, TAYLOR RAVEN, AND DANIEL OKULITCH WITH JOHN KENNEDY CONDUCTING. DONIZETTI'S THE ELIXIR OF LOVE OPENED IN A NEW CO-PRODUCTION BY DANIEL SLATER ON NOVEMBER 19 WITH RAMON TEBAR CONDUCTING PENE PATI, JONAH HOSKINS, SLAVKA ZAMECNIKOVA, DAVID BIZIC, RENATO GIROLAMI, AND PATRICK CARFIZZI.THE 2024 SUMMER SEASON OPENED ON MAY 30 WITH THE ACCLAIMED AND WELL-TRAVELED PRODUCTION OF MOZART'S THE MAGIC FLUTE BY BARRIE KOSKY AND SUZANNE ANDRADE WHICH INCLUDES SCENIC EFFECTS INSPIRED BY SILENT FILMS AND WEIMAR GERMANY. EUN SUN KIM CONDUCTED THE CAST OF AMITAI PATI, CHRISTINA GANSCH, LAURI VASAR, KWANGCHUL YOUN, AND ANNA SIMINSKA. THE AMERICAN PREMIERE OF INNOCENCE OCCURRED ON JUNE 1 IN SIMON STONE'S PRODUCTION, CONDUCTED BY CLEMENT MAO-TAKACS WITH A CAST OF SINGERS AND ACTORS THAT INCLUDED RUXANDRA DONOSE, CLAIRE DE SEVIGNE, ROD GILFRY, MILES MYKKANEN, KRISTINN SIGMUNDSON, LUCY SHELTON, AND VILMA JAA. THE FINAL OPERA OF THE SUMMER SEASON WAS HANDEL'S DELIGHTFUL 1730 COMEDY, PARTENOPE, WHICH RETURNED IN CHRISTOPHER ALDEN'S AWARD-WINNING STAGING. CHRISTOPHER MOULDS CONDUCTED THE CAST OF JULIE FUCHS, DANIELA MACK, CARLO VISTOLI, NICHOLAS TAMAGNA, ALEK SHRADER, AND HADLEIGH ADAMS.ALONG WITH ITS MAINSTAGE OPERA, THE COMPANY CELEBRATED THE OPENING WEEKEND OF THE 2023-24 SEASON ON SEPTEMBER 10 WITH ITS ANNUAL, FREE OPERA IN THE PARK CONCERT FEATURING ARTISTS FROM THE FALL SEASON WITH EUN SUN KIM CONDUCTING THE SAN FRANCISCO OPERA ORCHESTRA. CHORUS DIRECTOR JOHN KEENE LED THE SAN FRANCISCO OPERA CHORUS IN CONCERT AT THE ATRIUM THEATER ON DECEMBER 2. THE COMPANY'S RESIDENT ARTISTS, THE ADLER FELLOWS, WERE FEATURED IN THE FUTURE IS NOW, THEIR YEAR-END CONCERT AT HERBST THEATER. THE DECEMBER 8 CONCERT WAS CONDUCTED BY RAMON TEBAR WHO LED THE ADLERS AND SAN FRANCISCO OPERA ORCHESTRA. THE POPULAR ENCOUNTER EVENT, AN EVENING THAT IS PART OPERA AND PART PARTY, RETURNED DECEMBER 1 WITH THE ELIXIR OF LOVE ENCOUNTER, BRINGING AUDIENCE MEMBERS INTO THE OPERA HOUSE FOR AN IMMERSIVE AND FESTIVE OPERATIC EXPERIENCE.THE COMPANY'S BOHEME OUT OF THE BOX A SHIPPING CONTAINER TURNED INTO A MOBILE STAGE PRODUCTION OF PUCCINI'S LA BOHEME RETURNED FOR A SERIES OF PERFORMANCES AROUND THE BAY AREA IN APRIL AND JUNE. WITH CASTS FEATURING THE ADLER FELLOWS AND OTHER INVITED ARTISTS, THE FREE PERFORMANCES OF THE OPERA AND AN ADLER FELLOWS CONCERT WERE GIVEN AT OPEN-AIR VENUES IN BURLINGAME, ALAMEDA, ALBANY AND UNION CITY. THE STORYTELLING WORKSHOPS, THE OPERA IN YOU, WHICH BEGAN IN 2022, RETURNED THIS SEASON AND CULMINATED IN A PUBLIC SHOWCASE EVENT AT THE SAN FRANCISCO PUBLIC LIBRARY'S KORET AUDITORIUM ON JUNE 15. ADDITIONAL PUBLIC ENGAGEMENT ACTIVITIES INCLUDED PRE-OPERA TALKS IN THE AUDITORIUM BEFORE EACH PERFORMANCE, POST-PERFORMANCE TALKBACKS WITH CAST AND COMPANY MEMBERS AT SELECT PERFORMANCES, AND A DAY-LONG COLLOQUIUM, BEYOND INNOCENCE, PRESENTED IN CONNECTION WITH THE AMERICAN PREMIERE OF SAARIAHO'S INNOCENCE. GUESTS AND PANELISTS FOR BEYOND INNOCENCE INCLUDED PASTOR MIKE MCBRIDE (LIVE FREE USA), MIKE MCLIVELY (GIFFORDS), MINA KIM (KQED FORUM), W. KAMAU BELL (TV HOST, AUTHOR, ACTIVIST), VILMA JAA (INNOCENCE CAST MEMBER), AMONG MANY OTHERS.SAN FRANCSICO OPERA'S 2023-24 SEASON WITNESSED MYRIAD PERFORMANCES AT THE WAR MEMORIAL OPERA HOUSE, ATRIUM THEATER, HERBST THEATRE, GOLDEN GATE PARK, AND PUBLIC SPACES AROUND THE BAY AREA IN BURLINGAME, ALAMEDA, ALBANY, AND UNION CITY, THE SAN FRANCISCO PUBLIC LIBRARY AND ONLINE VIEWINGS OF THE LIVESTREAMS EXTENDED THE COMPANY'S PRESENTATIONS TO MUSIC LOVERS AROUND THE WORLD. 3561528 1927595 OPERA CENTER (TRAINING AND PROFESSIONAL DEVELOPMENT) - THE OPERA SUPPORTS AN INTERNATIONALLY RECOGNIZED TRAINING AND PROFESSIONAL DEVELOPMENT PROGRAM, THE ADLER FELLOWSHIP PROGRAM. THE ADLER FELLOWSHIP PROGRAM IS A PERFORMANCE-ORIENTED RESIDENCY OF TWO YEARS OFFERING ADVANCED YOUNG ARTISTS INTENSIVE INDIVIDUAL TRAINING, COACHING, PROFESSIONAL SEMINARS, AND A WIDE RANGE OF PERFORMANCE OPPORTUNITIES. ADLER FELLOWS GAIN VALUABLE PROFESSIONAL EXPERIENCE BY PERFORMING ROLES OF INCREASING IMPORTANCE IN THE OPERA'S MAIN-STAGE SEASON. IN ADDITION TO PERFORMANCES ON THE MAIN STAGE, SELECTED ADLER FELLOWS ARE FEATURED IN THE SCHWABACHER RECITAL SERIES. THE ADLER SEASON CULMINATES IN AN ADLER FELLOWS CONCERT. ALUMNI FROM THE ADLER PROGRAM INCLUDE: SOPRANOS LEAH CROCETTO, NANCY GUSTAFSON, PATRICIA RACETTE, NADINE SIERRA, RUTH ANN SWENSON, ELZA VAN DEN HEEVER, AND DEBORAH VOIGT; MEZZO-SOPRANOS ZHENG CAO AND DOLORA ZAJICK; TENORS BRIAN JAGDE, SEAN PANIKKAR, AND NOAH STEWART; COUNTERTENOR BRIAN ASAWA; BARITONES MARK DELAVAN AND LUCAS MEACHEM; AND BASS-BARITONES MONTE PEDERSON AND JOHN RELYEA. THE SAN FRANCISCO OPERA ALSO SUPPORTS THE MEROLA OPERA PROGRAM FOR ASPIRING PROFESSIONALS, OFFERING UP-AND-COMING SINGERS, COACH-ACCOMPANISTS AND STAGE DIRECTORS THE OPPORTUNITY OF INTENSE STUDY AND PERFORMANCE DURING AN ELEVEN-WEEK SUMMER PROGRAM.THE OPERA'S COMMITMENT TO PROVIDING MUSIC EDUCATION AND ENRICHMENT OPPORTUNITIES TO STUDENTS, TEACHERS, YOUNG AUDIENCES, AND ADULTS CONTINUED IN A MYRIAD OF SCHOOL AND FAMILY PROGRAMS AND ONLINE RESOURCES. THE SAN FRANCISCO OPERA AND OPERA GUILD BRING OPERA AND MUSIC EDUCATION TO STUDENTS AND INDIVIDUALS THROUGHOUT NORTHERN CALIFORNIA. 1100516 17001 ELECTRONIC MEDIA - THE OBJECTIVE OF THIS INITIATIVE IS TO EXTEND THE COMPANY'S AUDIENCE THROUGH TELEVISION AND RADIO BROADCASTS, HOME VIDEO PRODUCTS, LOCAL SIMULCASTS, CINEMA PRESENTATIONS, WEB VIDEOS, AND IN-HOUSE HD COVERAGE. THE COMPANY'S PIONEERING LOBBYVISION PROVIDES AUDIENCES A VIEW OF THE STAGE FROM VARIOUS LOCATIONS IN FRONT OF HOUSE WITH SCREENS SHOWING REAL-TIME HD VIDEO AND SUBTITLES. 799297 799297 71592219 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 363 0 1 971 1 1 1 1 CJ 0 0 0 1 1 0 0 0 1 0 0 0 X 68 67 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X MICHAEL SIMPSON 4155653295 301 VAN NESS AVENUE SAN FRANCISCO CA 941024509 MATTHEW SHILVOCK CEO/GENERAL DIRECTOR 60.00 X X 717377 0 42463 JOHN A GUNN OFFICER OF THE BOARD-CHAIRMAN 5.00 X X 0 0 0 FRANKLIN PITCH JOHNSON JR OFFICER OF THE BOARD-CHAIR EMERITUS 5.00 X X 0 0 0 KEITH B GEESLIN OFFICER OF THE BOARD-VICE CHAIR 5.00 X X 0 0 0 JACK CALHOUN OFFICER OF THE ASSN-PRESIDENT 5.00 X X 0 0 0 GEORGE H HUME OFFICER OF THE ASSN-TREASURER 5.00 X X 0 0 0 KAREN J KUBIN OFFICER OF THE ASSN-SECRETARY 5.00 X X 0 0 0 SUSAN ANDERSON-NORBY DIRECTOR 1.00 X 0 0 0 CLAIRE WRENN BOBROW DIRECTOR 1.00 X 0 0 0 ROMANA BRACCO DIRECTOR 1.00 X 0 0 0 NANIETTE COLEMAN DIRECTOR 1.00 X 0 0 0 DR WILLIAM M COUGHRAN JR DIRECTOR 1.00 X 0 0 0 VALERIE CRANE DORFMAN DIRECTOR 1.00 X 0 0 0 JAMES CROSS DIRECTOR/MEROLA OPERA PROG. PRESIDENT 1.00 X 0 0 0 ARIF DAMJI DIRECTOR 1.00 X 0 0 0 JAYNE C DAVIS DIRECTOR 1.00 X 0 0 0 JEROME DODSON DIRECTOR 1.00 X 0 0 0 CAROL PUCCI DOLL DIRECTOR 1.00 X 0 0 0 DIXON DOLL DIRECTOR 1.00 X 0 0 0 ROBERT A ELLIS DIRECTOR 1.00 X 0 0 0 LISA ERDBERG DIRECTOR 1.00 X 0 0 0 PETER FENTON DIRECTOR 1.00 X 0 0 0 SARAH FENTON DIRECTOR 1.00 X 0 0 0 ANNA FIELER DIRECTOR 1.00 X 0 0 0 MARGARITA GANDIA DIRECTOR 1.00 X 0 0 0 SUSAN GRAHAM JOHNSTON DIRECTOR 1.00 X 0 0 0 LOUISE GUND DIRECTOR 1.00 X 0 0 0 OMAR GUO DIRECTOR/BRAVO! COUNCIL CHAIR 1.00 X 0 0 0 GRETCHEN WOLFE HANSEN DIRECTOR 1.00 X 0 0 0 JANE M HARTLEY DIRECTOR 1.00 X 0 0 0 JOHN HENDRICKSON DIRECTOR 1.00 X 0 0 0 DOREEN WOO HO DIRECTOR 1.00 X 0 0 0 CHARLES EDWARD HUDSON III DIRECTOR 1.00 X 0 0 0 SYLVIA HUGHES DIRECTOR 1.00 X 0 0 0 J BURGESS JAMIESON DIRECTOR (THRU 11/23) 1.00 X 0 0 0 TIMOTHY F KAHN DIRECTOR 1.00 X 0 0 0 CHOONGJIA MARIA KAHNG DIRECTOR 1.00 X 0 0 0 LAWRENCE A KERN DIRECTOR 1.00 X 0 0 0 MARK R KROLL DIRECTOR 1.00 X 0 0 0 COURTNEY LABE DIRECTOR/GUILD BOARD PRESIDENT 1.00 X 0 0 0 SYLVIA R LINDSEY DIRECTOR 1.00 X 0 0 0 MRS CYNTHIA SNORF LIVERMORE DIRECTOR 1.00 X 0 0 0 HON RICHARD C LIVERMORE DIRECTOR 1.00 X 0 0 0 SUSAN MARINEAU DIRECTOR 1.00 X 0 0 0 J PATTERSON MCBAINE DIRECTOR 1.00 X 0 0 0 PATRICK MCCABE DIRECTOR 1.00 X 0 0 0 ANNE G MCWILLIAMS DIRECTOR (THRU 02/24) 1.00 X 0 0 0 HELEN MEYER DIRECTOR 1.00 X 0 0 0 KARL O MILLS DIRECTOR 1.00 X 0 0 0 JUSTIN MOORE DIRECTOR 1.00 X 0 0 0 MARYAM MUDUROGLU DIRECTOR 1.00 X 0 0 0 NANCY S MUELLER DIRECTOR 1.00 X 0 0 0 JANET NAPOLITANO DIRECTOR 1.00 X 0 0 0 BEN NELSON DIRECTOR 1.00 X 0 0 0 J BOYCE NUTE DIRECTOR 1.00 X 0 0 0 BERNARD OSHER DIRECTOR 1.00 X 0 0 0 JASON PHILLIPS DIRECTOR 1.00 X 0 0 0 ANNE BRANDEIS POPKIN DIRECTOR 1.00 X 0 0 0 RICHARD J RIGG PHD DIRECTOR 1.00 X 0 0 0 CP RUSSELL DIRECTOR 1.00 X 0 0 0 BILL RUSSELL-SHAPIRO DIRECTOR 1.00 X 0 0 0 JACK SCHAFER DIRECTOR 1.00 X 0 0 0 RUTH A SHORT DIRECTOR 1.00 X 0 0 0 MRS DIANNE MARIE TAUBE DIRECTOR 1.00 X 0 0 0 SOO VENKATESAN DIRECTOR 1.00 X 0 0 0 MS BARBARA MOLLER WARD DIRECTOR 1.00 X 0 0 0 MRS DIANE B WILSEY DIRECTOR 1.00 X 0 0 0 BARBARA A WOLFE DIRECTOR 1.00 X 0 0 0 MELINDA YEE FRANKLIN DIRECTOR 1.00 X 0 0 0 S SHARIQ YOSUFZAI DIRECTOR 1.00 X 0 0 0 MICHAEL SIMPSON MANAGING DIRECTOR: ADMIN/CFO 60.00 X 355748 0 40404 REID W DENNIS OFFICER OF THE BOARD-CHAIR EMERITUS 5.00 X 0 0 0 LISA BURY CHIEF PHILANTHROPY OFFICER 60.00 X 288983 0 9498 JENNIFER GOOD MANAGING DIRECTOR: PRODUCTION 60.00 X 294832 0 35539 GREGORY HENKEL MANAGING DIRECTOR: ARTISTIC 60.00 X 296617 0 26616 THERESA VON KLUG CHIEF OPERATING OFFICER 60.00 X 223341 0 28430 TABITHA ROWELL DIRECTOR OF DEVELOPMENT 60.00 X 189318 0 20007 TROY SMITH DIRECTOR OF MARKETING 60.00 X 186625 0 65843 EUN SUN KIM CAROLINE H. HUME MUSIC DIRECTOR 60.00 X 545938 0 26476 DOUGLAS MITCHELL HEAD OF AUDIO/VISUAL 60.00 X 278409 0 72708 KAY STERN ORCHESTRA MEMBER CONCERTMASTER 60.00 X 277076 0 57971 DAVID HATCH HEAD OF CARPENTRY 60.00 X 249320 0 65028 LORI HARRISON HEAD OF PROPERTIES 60.00 X 253579 0 66153 LEE HELMS DIRECTOR OF INNOVATION PROGRAMS 60.00 X 185524 0 18041 4342687 0 575177 162 1 1 0 ABILITY ADVERTISING LLC 985 MORAGA ROAD SUITE 200 LAFAYETTE CA 94549 MARKETING 1303525 CURTIN THEATRICAL MOVING INC 359 BEL MARIN KEYS BLVD STE 5 NOVATO CA 94949 MOVING COMPANY 530529 IDEAS THE SPECIAL EVENTS CO INC J RICCARDO BENAVIDES 1055 CALIFORN SAN FRANCISCO CA 94108 DESIGN SERVICES 410373 EVENTS MANAGEMENT INC 1798 BRYANT STREET SAN FRANCISCO CA 94110 CATERING 395821 GLOBAL GOURMET CATERING 1033 ILLINOIS STREET SAN FRANCISCO CA 94107 CATERING 375786 27 1888931 42500 593456 53897939 8328306 56422826 TICKET SALES 900099 15412437 15412437 SF OPERA CENTER 900099 1927595 1927595 MEDIA 900099 17001 17001 447711 447711 17804744 8658721 8658721 56100 627866 0 276280 56100 351586 407686 351586 56100 99589024 77873151 21715873 21715873 21715873 246600 1888931 959630 -713030 -713030 153894 90646 63248 63248 PARKING FEES 812930 137494 137494 UBTI FROM PARTNERSHIPS 900099 -599295 -599295 -461801 103898267 18156330 -599295 29918406 2718139 874063 1464096 379980 48478736 42768035 3151638 2559063 4402273 4124890 206244 71139 9164205 8345277 549497 269431 3550343 3045964 338407 165972 368813 46343 322470 281890 281890 202252 202252 895912 895912 2429630 1037372 1195115 197143 1049580 26550 1023030 2181942 894438 1084768 202736 1415071 148928 1263743 2400 453896 453896 3500748 1942367 1296403 261978 2169096 2077492 21149 70455 36401 33537 2864 7918 7918 2861921 1207295 1654626 603046 50103 552943 PRODUCTION MATERIALS 2868497 2796134 72363 MARKETING/PROMOTION 1874853 118778 1188223 567852 STORAGE & MOVING 785580 783286 2294 BAD DEBT EXPENSE 214439 214439 845801 817471 28330 93360982 71592219 16575593 5193170 7756411 871771 2727173 13854472 12894145 19189702 1334354 878649 44859 52416 110267 4000 57781791 39589580 19185538 18192211 250802762 257097716 31722435 32685061 20338630 19467195 346916574 362293193 6030247 5763580 9363391 8362172 19094324 18926199 34487962 33051951 X 26340044 61956432 286088568 267284810 312428612 329241242 346916574 362293193 X 10537285 6478363 20000 -223018 X X 0 1 X 1 0 X 69004896 58855768 64281159 54207581 56422826 302772230 69004896 58855768 64281159 54207581 56422826 302772230 53946438 248825792 5748395 5843970 7955661 8391534 8708703 36648263 31306 31306 205390 67838 195252 317903 291388 1077771 340529570 62742047 0.73070 0.70050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARKING FEES - 2019 AMOUNT: $ 102,709. 2020 AMOUNT: $ 56,013. 2021 AMOUNT: $ 107,880. 2022 AMOUNT: $ 147,113. 2023 AMOUNT: $ 137,494. INVENTORY PROCEEDS - 2019 AMOUNT: $ 102,681. 2020 AMOUNT: $ 11,825. 2021 AMOUNT: $ 87,372. 2022 AMOUNT: $ 170,790. 2023 AMOUNT: $ 153,894. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 288269516 3464410 34582802 16919098 309397630 281244062 897056 24950536 18822138 288269516 312055778 14757534 -31259409 14309841 281244062 244771266 22229840 56336530 11281858 312055778 224747644 26192509 8899667 15068554 244771266 0.21338 0.70602 0.08060 1 0 25431657 12213008 13218649 32315102 27341540 4973562 35032 35032 0 18192211 LIMITED PARTNERSHIP - REAL ESTATE 13420 F LIMITED PARTNERSHIP - INFLATION HEDGE 433602 F LIMITED PARTNERSHIP - PRIVATE EQUITY 31830983 F LIMITED PARTNERSHIP - REAL ESTATE (250 POST STREET) 407056 C 32685061 OPERATING RIGHT OF USE ASSETS 10366521 DEFERRED PRODUCTION COST 4779516 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 3579817 ASSETS OF POOLED INCOME FUNDS 621443 CONSTRUCTION IN PROGRESS 76965 RENTAL DEPOSITS 42933 19467195 OPERATING LEASE LIABILITIES - LONG TERM 9336975 DEFERRED COMPENSATION AND OTHER - LONG TERM 7726961 OPERATING LEASE LIABILITIES - SHORT TERM 1106073 DEFERRED COMPENSATION AND OTHER - SHORT TERM 481691 DEFERRED REVENUE - POOLED INCOME FUNDS 274499 18926199 X 111042380 6478363 130660 70630 6679653 104362727 895912 -1360372 -464460 103898267 94229750 110660 1583390 1694050 92535700 895912 -70630 825282 93360982 PART V, LINE 4: THE ENDOWMENT IS COMPRISED OF SEVERAL FUNDS SET ASIDE FOR DONOR DIRECTED PURPOSES INCLUDING OPERATIONS, OPERA HOUSE MAINTENANCE, WATTIS TICKETS FUND, NEW PRODUCTIONS, STUDENT SUBSCRIPTIONS, PRINCIPAL ARTISTS, EDUCATION, AND OTHER PROGRAMS. PART X, LINE 2: THE ASSOCIATION IS A NONPROFIT ARTS ORGANIZATION PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA EQUIVALENT LEGISLATION AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS TAX EXEMPT PURPOSES. ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES PRESCRIBES THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON THE RECOGNITION OF INCOME TAX ASSETS AND LIABILITIES, CLASSIFICATION OF CURRENT AND DEFERRED INCOME TAX ASSETS AND LIABILITIES, ACCOUNTING FOR INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS, ACCOUNTING FOR INCOME TAXES IN INTERIM PERIODS, AND INCOME TAX DISCLOSURES. THIS STANDARD ALSO REQUIRES ADDITIONAL DISCLOSURE OF THE BEGINNING AND ENDING UNRECOGNIZED TAX BENEFITS AND DETAILS REGARDING THE UNCERTAINTIES THAT MAY CAUSE THE UNRECOGNIZED BENEFITS TO INCREASE OR DECREASE WITHIN A TWELVE MONTH PERIOD. THE ASSOCIATION'S POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS A TWO-STEP PROCESS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES THAT IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATIONS PROCESSES, IF ANY. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT OR LIABILITY AS THE LARGEST AMOUNT THAT IS MORE THAN 50% LIKELY TO BE REALIZED OR INCURRED UPON SETTLEMENT. BASED ON AN ANALYSIS PREPARED BY THE ASSOCIATION, IT WAS DETERMINED THAT THERE IS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, THE ASSOCIATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRIOR YEAR RETIREMENT EXPENSES CREDIT GROUPED IN NON-OPERATING INCOME 70,630. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -276,279. INVENTORY SALES, RETURNS, ALLOWANCES & COSTS -124,463. FUNDRAISING EVENT EXPENSES -959,630. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVENTORY SALES, RETURNS, ALLOWANCES & COSTS 124,463. DONATED PROPERTY - EXPENSED OVER USEFUL LIFE 223,018. RENTAL EXPENSES 276,279. FUNDRAISING EVENT EXPENSES 959,630. PART XII, LINE 4B - OTHER ADJUSTMENTS: PRIOR YEAR RETIREMENT EXPENSES CREDIT GROUPED IN NON-OPERATING INCOME -70,630. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PASSIVE INVESTMENTS 1230964 0 0 0 0 0 0 1230964 0 1230964 1 0 1 1 1 0 X X X X X X X 1 THEATER DIRECT INC 6855 ATOLL AVENUE NORTH HOLLYWOOD CA 91605 ANNUAL GIVING 0 403077 166546 236531 CAPACITY INTERACTIVE CONSULTING LLC PO BOX 50019 NEWARK NJ 07101 ANNUAL GIVING 0 0 9100 -9100 403077 175646 227431 AL AK AZ AR CA CO CT DC DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY OPENING NIGHT 2135531 1888931 246600 540470 312602 18280 88278 2135531 1888931 246600 540470 312602 18280 88278 959630 -713030 X X X X X 1 0 0 0 0 0 0 0 0 MATTHEW SHILVOCK CEO/GENERAL DIRECTOR 717377 0 0 0 0 0 19800 0 22663 0 759840 0 0 0 EUN SUN KIM CAROLINE H. HUME MUSIC DIRECTOR 545546 0 0 0 392 0 10338 0 16138 0 572414 0 0 0 MICHAEL SIMPSON MANAGING DIRECTOR: ADMIN/CFO 355748 0 0 0 0 0 23100 0 17304 0 396152 0 0 0 DOUGLAS MITCHELL HEAD OF AUDIO/VISUAL 278409 0 0 0 0 0 28643 0 44065 0 351117 0 0 0 KAY STERN ORCHESTRA MEMBER CONCERTMASTER 250329 0 25000 0 1747 0 31086 0 26885 0 335047 0 0 0 JENNIFER GOOD MANAGING DIRECTOR: PRODUCTION 294832 0 0 0 0 0 18235 0 17304 0 330371 0 0 0 GREGORY HENKEL MANAGING DIRECTOR: ARTISTIC 296221 0 0 0 396 0 18079 0 8537 0 323233 0 0 0 LORI HARRISON HEAD OF PROPERTIES 253579 0 0 0 0 0 26060 0 40093 0 319732 0 0 0 DAVID HATCH HEAD OF CARPENTRY 249320 0 0 0 0 0 25617 0 39411 0 314348 0 0 0 LISA BURY CHIEF PHILANTHROPY OFFICER 82193 0 0 0 206790 0 5924 0 3574 0 298481 0 0 0 TROY SMITH DIRECTOR OF MARKETING 186625 0 0 0 0 0 14740 0 51103 0 252468 0 0 0 THERESA VON KLUG CHIEF OPERATING OFFICER 223274 0 0 0 67 0 12173 0 16257 0 251771 0 0 0 TABITHA ROWELL DIRECTOR OF DEVELOPMENT 188381 0 0 0 937 0 11470 0 8537 0 209325 0 0 0 LEE HELMS DIRECTOR OF INNOVATION PROGRAMS 184336 0 0 0 1188 0 9504 0 8537 0 203565 0 0 0 PART I, LINE 1A CELL PHONES PROVIDED TO EMPLOYEES PRIMARILY FOR BUSINESS PURPOSES ARE A WORKING CONDITION FRINGE AND NOT REPORTABLE AS COMPENSATION. PART I, LINE 4A LISA BURY RECEIVED A SEVERANCE PAYMENT OF $180,250 REPORTED ON SCHEDULE J, PART II, COLUMN B(III). X 1 2113 COMPARABLE SALES X 86 8151812 PUBLICLY TRADED EXCHANGE X FOOD & BEVERAGES 6 90939 COMPARABLE SALES X PRINTS 1 41930 COMPARABLE SALES X PRODUCTION SUPPLIES 5 23375 COMPARABLE SALES X MISCELLANEOUS 3 20250 COMPARABLE SALES 0 0 1 1 PART I, COLUMN (B): ALL CONTRIBUTIONS REPORTED REPRESENT THE NUMBER OF CONTRIBUTIONS AND NOT THE NUMBER OF ITEMS RECEIVED. SCHEDULE M, LINE 9: STOCK CONTRIBUTIONS REPRESENTED THE NUMBER OF CONTRIBUTIONS AND NOT INDIVIDUAL SHARES OF STOCK. DURING THE COURSE OF SOLICITATION, (SEE SCHEDULE G), SECURITIES MAY BE DONATED IN LIEU OF CASH CONTRIBUTIONS. PART I, LINE 32B: THE ORGANIZATION CONTRACTS WITH A COMMERCIAL FUNDRAISER FOR A VEHICLE DONATION PROGRAM. FORM 990, PART VI, SECTION A, LINE 2 CAROL PUCCI DOLL, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH DIXON DOLL, DIRECTOR. BILL RUSSELL-SHAPIRO, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH C.P. RUSSELL, DIRECTOR. BILL RUSSELL-SHAPIRO, DIRECTOR, HAS A BUSINESS RELATIONSHIP WITH FRANKLIN "PITCH" JOHNSON, JR., OFFICER AND CHAIRMAN EMERITUS. KARL O. MILLS, DIRECTOR, HAS A BUSINESS RELATIONSHIP WITH VARIOUS DIRECTORS, VIA AN INVESTMENT ADVISORY FIRM. DR. WILLIAM M. COUGHRAN, JR., OFFICER, HAS A BUSINESS RELATIONSHIP WITH KEITH B. GEESLIN, OFFICER AND VICE CHAIRMAN. SARAH FENTON, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH PETER FENTON, DIRECTOR. HON. RICHARD C. LIVERMORE, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH MRS. CYNTHIA SNORF LIVERMORE, DIRECTOR. BARBARA A. WOLFE, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH GRETCHEN WOLFE HANSEN, DIRECTOR. KEITH B. GEESLIN, OFFICER AND VICE CHAIRMAN, HAS A BUSINESS RELATIONSHIP WITH FRANCISCO PARTNERS, A PRIVATE EQUITY INVESTMENT FIRM, OF WHICH THE OPERA'S ENDOWMENT IS AN INVESTOR. MR. GEESLIN RECUSED HIMSELF FROM VOTING ON THE DECISION TO INVEST IN THE FUND AND FROM VOTING ON FUTURE DECISIONS THAT AFFECT THE FUND. FORM 990, PART VI, SECTION B, LINE 11B AS PART OF THE OPERA'S INTERNAL REVIEW PROCESS, THE FILING VERSION OF THE FORM 990 IS PRESENTED TO THE OPERA'S AUDIT COMMITTEE FOR DISCUSSION AND COMMENT. PRIOR TO FILING, THE PUBLIC DISCLOSURE VERSION OF FORM 990 IS SENT TO ALL BOARD OF DIRECTORS FOR THEIR REVIEW. ANY COMMENTS ARE REVIEWED BY MANAGEMENT. BUT FOR THE REDACTED CONTRIBUTOR NAMES AND ADDRESSES, THE ANSWER TO QUESTION 11A WOULD BE, "YES." FORM 990, PART VI, SECTION B, LINE 12C THE OPERA HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES MUST COMPLY WITH THE POLICY AND ARE SENT THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY REPORTED CONFLICTS ARE REVIEWED AND RESOLVED PROMPTLY. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS BY THE COMPENSATION COMMITTEE. THE COMMITTEE IS COMPOSED ENTIRELY OF BOARD MEMBERS WHO ARE INDEPENDENT INDIVIDUALS AND COMPARABLE DATA IS USED TO EVALUATE THE APPROPRIATENESS OF THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY, CODE OF CONDUCT, AND THREE YEARS OF AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE SAN FRANCISCO OPERA WEBSITE (WWW.SFOPERA.COM). A COPY OF THE 990 IS AVAILABLE BY REQUEST OR ON THE GUIDESTAR WEBSITE (WWW.GUIDESTAR.ORG). FORM 990, PART XI, LINE 9: DONATED PROPERTY EXPENSED OVER USEFUL LIFE -223,018. FORM 990, PART XII, LINE 2C: AUDIT COMMITTEE ROLE THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION AND RECOMMENDATION TO THE BOARD TO THE INDEPENDENT ACCOUNTING FIRM. THE COMMITTEE HELD THREE MEETINGS WITH BOARD MEMBERS, OFFICERS OF THE OPERA, AND INDEPENDENT AUDITORS. CHARITABLE REMAINDER TRUSTS (8) 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 TRUST CA T 0 POOLED INCOME FUNDS (3) 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 TRUST CA T 0 CHARITABLE GIFT ANNUITIES (13) 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 TRUST CA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0