2018-06-12T15:09:59-05:00 2017-07-31 946214841 Armanino LLP 12657 Alcosta Blvd Ste 500 San Ramon CA 945834600 990 2016-08-01 940836240 San Francisco Opera Association SANF 4155653295 301 Van Ness Avenue San Francisco CA 94102 Matthew Shilvock CEO 4155653295 2018-06-11 1 Katy Brown P00650274 9257902600 2018-06-05 2016 2022-09-23 18:48:47Z Matthew Shilvock 301 Van Ness Avenue San Francisco CA 94102 165504651 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. 79 78 1110 588 63708 0 39734645 70653907 24844771 23866406 6305736 7560837 47573 333074 70932725 102414224 0 0 0 0 60579484 57566333 252362 257840 4782765 20519892 20002667 81351738 77826840 -10419013 24587384 224924957 258819459 25720774 25780404 199204183 233039055 X San Francisco Opera's mission is 1) to present opera performances of the highest international quality available to the widest possible audiences; 2) to perpetuate and enrich the operatic art form; 3) to be creative and innovative in all aspects of opera; and 4) to take a leadership role in training, arts education, and audience development. Current programs include community outreach, training and professional development of young artists and community education. 0 0 51694029 20793890 Production and Artistic Accomplishments The Opera presented 68 main stage performances of nine operas of the highest quality in addition to numerous concerts, recitals, workshops, and community engagement events attracting more than 265,029 individuals during the 2017 season. Highlights of the 94th season included the World Premiere of BRIGHT SHENG'S DREAM OF THE RED CHAMBER; a new production of VERDI'S AIDA; productions new to San Francisco: GIORDANO'S ANDREA CHENIER, DONIZETTI'S DON PASQUALE, and revivals of JANACEK'S THE MAKROPULOS CASE, PUCCINI'S MADAMA BUTTERFLY, VERDI'S RIGOLETTO, MOZART'S DON GIOVANNI, and PUCCINI'S LA BOHEME. The Company presented the second season of SF OPERA LAB at the DIANE B. WILSEY CENTER FOR OPERA; highlights included Ted HEARNE'S THE SOURCE, POULENC'S LA VOIX HUMAINE, a concert by the a cappella group ROOM FULL OF TEETH, and a CHAMBERWORKS concert with musicians from the SFO Orchestra. Additionally, the Company presented OUT OF THE SHADOWS, A CONCERT WITH THE SAN FRANCISCO OPERA CHORUS, SAN FRANCISCO OPERA ORCHESTRA UP CLOSE: THE STRINGS and two sold out Pop-up events. Many of the world's most important singers, conductors, directors and creative artists were assembled for the season including singers: RAYMOND ACETO, JULIE ADAMS, JULIUS AHN, ERIK ANSTINE, ANNA CATERINA ANTONACCI, J'NAI BRIDGES, LAWRENCE BROWNLEE, ARTURO CHACON-CRUZ, ANTHONY CLARK EVANS, VINCENZO COSTANZO, LEAH CROCETTO, ILDEBRANDO D'ARCANGELO, STANISLAS DE BARBEYRAC, ELLIE DEHN , GEORGE GAGNIDZE, ERIKA GRIMALDI, LIANNA HAROUTOUNIAN, AUDUN IVERSEN, BRIAN JAGDE, PUREUM JO, QUINN KELSEY, YONGHOON LEE, NINO MACHAIDZE, ANA MARIA MARTINEZ, LUCAS MEACHEM, NADJA MICHAEL, MAURIZIO MURARO, EDWARD NELSON, PENE PATI, ANNA PIROZZI, STEPHEN POWELL, IRENE ROBERTS, ERWIN SCHROTT, EKATERINA SEMENCHUK, SARAH SHAFER, YIJIE SHI, HEIDI STOBER, MICHAEL SUMUEL, ZANDA SVEDE, DALE TRAVIS, ERIN WALL, and CHARLES WORKMAN. On the podium leading the SAN FRANCISCO OPERA ORCHESTRA AND CHORUS were Company Music Director NICOLA LUISOTTI, Resident Conductor JORDI BERNACER, as well as YVES ABEL, GIUSEPPE FINZI, GEORGE MANAHAN, MARC MINKOWSKI, CARLO MONTANARO, and MIKHAIL TATARNIKOV; IAN ROBERTSON, director of the San Francisco Opera Chorus, and FABRIZIO CORONA, Associate Chorus Master. For the 43rd year, the Opera held its Opera at the Park concert at Golden Gate Park's SHARON MEADOW featuring various stars of the fall season conducted by NICOLA LUISOTTI AND GEORGE MANAHAN. SAN FRANCISCO OPERA returned to AT&T PARK for the Company's 11th Opera at the Ballpark live HD simulcast of DON GIOVANNI over the July 4th holiday weekend. Throughout the 2017 season, numerous educational performances, workshops/training programs for teachers and adults, and opera study clubs were held reaching thousands of individuals. 3241727 169610 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. Classical radio station KDFC in San Francisco broadcast the Company's full season to an audience of approximately 25,000 listeners per title, with rebroadcasts via the WFMT Radio Network to a national and international audience of nearly 7 million for the entire series. Continuing a partnership started in 2010, KQED Public Television broadcast two encore titles ATTILA AND MEFISTOFELE which were previously released as part of the Company's Grand Opera Cinema Series and presented in movie theaters and performing arts venues throughout the western United States. The eleventh live simulcast to AT&T Park MOZART'S DON GIOVANNI attracted a crowd of over 26,000 to OPERA AT THE BALLPARK, an event produced in partnership with the San Francisco Giants. Short format web videos were viewed on the Company's YouTube page over 261,000 times throughout the year, bringing the total views as of July 31, 2017 of these 700+ videos, to over one million-three hundred thousand. The Company's pioneering OperaVision, offered at select performances, gives balcony audiences a better view of the stage with screens showing real-time HD video and subtitles. 3062334 1851228 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. 1247386 1247386 57998090 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 348 0 1 1110 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 79 78 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA MA NV NY OR UT WA X Michael Simpson 4155653295 301 Van Ness Avenue San Francisco CA 941024509 Anne G McWilliams Director 1.00 X 0 0 0 Anne Popkin Director 1.00 X 0 0 0 Annette Campbell-White Director 1.00 X 0 0 0 Barbara A Wolfe Director 1.00 X 0 0 0 Barbara Ward Wonder Director 1.00 X 0 0 0 Ben Nelson Director 1.00 X 0 0 0 Bernard Osher Director 1.00 X 0 0 0 Bill Russell-Shapiro Director 1.00 X 0 0 0 Bruce W Hyman Director 1.00 X 0 0 0 CP Russell Director 1.00 X 0 0 0 Carlyn Clause Director & Merola Opera Program President 1.00 X 0 0 0 Carol Franc Buck Director 1.00 X 0 0 0 Carol Pucci Doll Director 1.00 X 0 0 0 Charles Edward Hudson III Director 1.00 X 0 0 0 Charlot D Malin Director & Guild President (8/1/16 - 3/13/17) 1.00 X 0 0 0 Dawn Yates Black Director 1.00 X 0 0 0 Doreen Woo Ho Director 1.00 X 0 0 0 Dorothy M Jeffries Director 1.00 X 0 0 0 Harriet Meyer Quarre Director (8/1/16 - 9/9/16) 1.00 X 0 0 0 Helen Meyer Director 1.00 X 0 0 0 I Craig Henderson MD Director 1.00 X 0 0 0 Ira D Dearing Director 1.00 X 0 0 0 J Boyce Nute Director 1.00 X 0 0 0 J Burgess Jamieson Director 1.00 X 0 0 0 J Patterson McBaine Director 1.00 X 0 0 0 Jack Calhoun Director 1.00 X 0 0 0 Jack Schafer Director 1.00 X 0 0 0 Jane M Hartley Director 1.00 X 0 0 0 Jane Mudge Director & Guild President (1/1/17 - 7/31/17) 1.00 X 0 0 0 Jerome Dodson Director (8/1/16 - 7/31/17) 1.00 X 0 0 0 John Hendrickson Director 1.00 X 0 0 0 Joseph D Keegan PhD Director 1.00 X 0 0 0 Justin Moore Director 1.00 X 0 0 0 Karen J Kubin Director (8/1/16 - 7/31/17) 1.00 X 0 0 0 Karthik Rau Director 1.00 X 0 0 0 Kristina Johnson Flanagan Director 1.00 X 0 0 0 Lauren Groff Director & BRAVO! President (8/1/16 - 12/31/16) 1.00 X 0 0 0 Lawrence A Kern Director 1.00 X 0 0 0 Lorry I Lokey Director 1.00 X 0 0 0 Louise Gund Director 1.00 X 0 0 0 Margarita Gandia Director 1.00 X 0 0 0 Mark R Kroll Director 1.00 X 0 0 0 Mary A Powell Director 1.00 X 0 0 0 Masashi Oka Director 1.00 X 0 0 0 Melinda Yee-Franklin Director 1.00 X 0 0 0 Mrs Alfred S Dede Wilsey Director 1.00 X 0 0 0 Mrs David T Joan Traitel Director 1.00 X 0 0 0 Mrs George P Charlotte Shultz Director 1.00 X 0 0 0 Mrs Mark A Teresa Medearis Director 1.00 X 0 0 0 Mrs Peter W Jayne Davis Director 1.00 X 0 0 0 Mrs Tad Dianne Taube Director 1.00 X 0 0 0 Nancy S Mueller Director 1.00 X 0 0 0 Nicholas M Graves Director (8/1/16 - 7/31/17) 1.00 X 0 0 0 Patrick McCabe Director (11/17/16 - 7/31/17) 1.00 X 0 0 0 Peter Fenton Director 1.00 X 0 0 0 Philip M Jelley Director 1.00 X 0 0 0 Randall Reynoso Director 1.00 X 0 0 0 Richard J Rigg PhD Director 1.00 X 0 0 0 Robert A Ellis Director 1.00 X 0 0 0 Ruth A Short Director 1.00 X 0 0 0 Sally Fenton Director 1.00 X 0 0 0 S Shariq Yosufzai Director 1.00 X 0 0 0 Shannon Eliot Director & BRAVO! President (1/1/17 - 7/31/17) 1.00 X 0 0 0 Sharon Winslow Director 1.00 X 0 0 0 Soo Venkatesan Director 1.00 X 0 0 0 Stephen S Kahng Director 1.00 X 0 0 0 Sylvia R Lindsey Director 1.00 X 0 0 0 Susan Anderson-Norby Director 1.00 X 0 0 0 Susan Graham Johnston Director 1.00 X 0 0 0 Timothy Blackburn Director 1.00 X 0 0 0 Timothy F Kahn Director (8/1/16 - 7/31/17) 1.00 X 0 0 0 William M Coughran Jr Director 1.00 X 0 0 0 Paul M Crane Dorfman Officer of the Association - Executive Vice Presid 5.00 X X 0 0 0 Lisa Erdberg Officer of the Association - Vice President 5.00 X X 0 0 0 Keith B Geeslin Officer of the Association - President 5.00 X X 0 0 0 John A Gunn Officer of the Board - Chairman 5.00 X X 0 0 0 George H Hume Officer of the Board - Vice Chairman / Officer of 5.00 X X 0 0 0 Franklin P Johnson Jr Officer of the Board - Chairman Emeritus 5.00 X X 0 0 0 Thomas A Larsen Officer of the Association - Secretary 5.00 X X 0 0 0 Steven Menzies Officer of the Board - Vice Chairman 5.00 X X 0 0 0 Karl O Mills Officer of the Board - Vice Chairman 5.00 X X 0 0 0 Reid W Dennis Officer of the Board - Chairman Emeritus 5.00 X 0 0 0 Matthew Shilvock OFFICER OF THE ASSN-GEN DIRECTOR & CEO 60.00 X 374927 0 37522 Michael T W Simpson OFFICER OF THE ASSN-CFO 60.00 X 295982 0 38957 Daniel Knapp MANAGING DIRECTOR: PRODUCTION 60.00 X 222653 0 16902 Marcia Lazer DIRECTOR OF MKTING 60.00 X 186314 0 20618 Gregory Henkel MANAGING DIRECTOR: ARTISTIC 60.00 X 166390 0 16519 Judith Frankel DEPUTY DIRECTOR OF DEVELOPMENT 60.00 X 157282 0 18169 Jennifer Good MANAGING DIRECTOR: OPERATIONS 60.00 X 162579 0 18853 Nicola Luisotti MUSIC DIR & PRINCIPAL CONDUCTOR 60.00 X 549374 0 33403 David Hatch MASTER CARPENTER 60.00 X 193843 0 45802 Lori Harrison MASTER OF PROPERTIES 60.00 X 188047 0 44380 Douglas Mitchell MASTER AUDIO/VIDEO ENGINEER 60.00 X 232195 0 54976 Leon Parsons MASTER ELECTRICIAN 60.00 X 181130 0 42720 David R Gockley FORMER OFFICER OF THE ASSN- GENERAL DIRECTOR EMERI 60.00 X 870892 0 128275 3781608 0 517096 94 1 1 0 Palisades Media Group Inc 1620 26th Street 2050N Santa Monica CA 90404 Marketing 965124 DCM Telemarketing 45 Main Street Ste 816 Brooklyn NY 11201 Professional Services 581601 First Class Plus 1750 Cesar Chavez Unit E San Francisco CA 94124 Mailing Center 513520 CURTIN THEATRICAL MOVING INC 353 BEL MARIN KEYS BLVD SUITE 14 NOVATO CA 94949 MOVING AND STORAGE 467027 SMYTHE AND SON 900 CHESTNUT STREET 406 SAN FRANCISCO CA 94109 PROFESSIONAL SERVICES/PRINTING 399513 22 2127047 503071 767049 67256740 32162035 70653907 Ticket Sales 900099 20793890 20793890 SF Opera Center 900099 1851228 1851228 Other Program Revenue 900099 1051678 1051678 Media 900099 169610 169610 23866406 2557807 2557807 67650 198091 0 2383 67650 195708 263358 195708 67650 67676315 62673285 5003030 5003030 5003030 63569 2127047 266151 -202582 -202582 242580 148608 93972 93972 Parking Fees 812930 114618 114618 UBI gain from partners 900099 63708 63708 178326 102414224 24062114 63708 7634495 2040896 895984 852164 292748 42086523 36356890 3476483 2253150 2755149 2472764 192127 90258 7631764 6700711 608170 322883 3052001 2572953 314419 164629 196798 56479 127144 13175 220000 220000 25841 25841 257840 257840 406837 406837 1934122 797681 1024710 111731 2046890 52669 1994221 1706107 362229 1122428 221450 497309 497309 123876 123876 2226665 981414 1066607 178644 1745905 1638988 29101 77816 65713 1245 64468 48754 48754 3265909 1356196 1909713 526840 39711 487129 PRODUCTION MATERIALS 2256372 2191791 64581 MARKETING/PROMOTION 1482468 316487 407199 758782 STORAGE & MOVING 621856 618647 3209 other expenses 553431 461375 86655 5401 50974 16716 34258 77826840 57998090 15045985 4782765 2691511 141476 5859979 10745468 15425860 23890499 750650 1487838 119103 134354 306206 646591 52195514 26222999 28527565 25972515 131860405 169212976 29814303 16486098 9569375 10101644 224924957 258819459 5517994 5534442 12391000 12508715 7811780 7737247 25720774 25780404 X 3210188 660022 45941176 51281752 150052819 181097281 199204183 233039055 224924957 258819459 X 24587384 9766349 -518861 X X 0 1 X 1 0 X 40106664 41085156 46845775 39734645 70653907 238426147 40106664 41085156 46845775 39734645 70653907 238426147 60543909 177882238 2565907 3326590 2772750 2510729 2823548 13999524 63708 63708 333940 308424 350126 454696 420767 1867953 254357332 125215299 0.69930 0.71090 X Schedule A, Part II, Line 10, Explanation of Other Income: OTHER INCOME - 2012 Amount: $ 333,940. 2013 Amount: $ 308,424. 2014 Amount: $ 350,126. 2015 Amount: $ 454,696. 2016 Amount: $ 420,767. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 0 1 1 25841 25841 0 Part II-B, Line 1: Legislative activity was in support of "Yes on S, San Franciscans for the Arts & Ending Family Homelessness," a San Francisco City Ballot Measure Committee, for the allocation of hotel tax funds in support of the arts and ending family homelessness. 174830510 31390183 16968396 14915635 208273454 182447725 3924736 3055950 14597901 174830510 168704031 21621932 1841456 9719694 182447725 161395094 3021645 14066571 9779279 168704031 154305171 6095205 13332310 12337592 161395094 0.09010 0.86950 0.04040 1 0 25065613 6280133 18785480 26811706 19633625 7178081 318195 309241 8954 25972515 Limited PS - Equities 7466439 F Limited PS - Real Estate 389413 F Limited PS - Inflation Hedge 1291936 F Limited PS - Private Equity 6930918 F Limited PS - Hedge Funds 336 F 250 Post Street 407056 C 16486098 Capital Lease Obligations - ST 103350 DefeRred Revenue - Pooled Income Funds 218346 DEFERRED Short Term Compensation and Other 516621 DEFERRED Long Term Compensation and Other 6898930 7737247 X 112751418 9766349 755959 -195420 10326888 102424530 406837 -417143 -10306 102414224 78916546 755959 936004 1691963 77224583 406837 195420 602257 77826840 Part V, Line 4: THE ENDOWMENT IS COMPRISED OF SEVERAL FUNDS SET ASIDE FOR DONOR DIRECTED PURPOSES INCLUDING OPERATIONS, OPERA HOUSE MAINTENANCE, TICKETS FOR THE UNDERPRIVILEGED, NEW PRODUCTIONS, STUDENT SUBSCRIPTIONS, PRINCIPAL ARTISTS, EDUCATION, AND OTHER PROGRAMS. Part X, Line 2: THE ASSOCIATION IS A NOT-FOR-PROFIT 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 PURPOSE. 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 THE 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 LITIGATION 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 THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. Part XI, Line 2d - Other Adjustments: PRIOR YEAR'S RETIREMENT EXPENSES GROUPED IN NON-OPERATING INCOME -195,420. Part XI, Line 4b - Other Adjustments: Special Events Expenses -266,152. Inventory Sales, Returns, Allowances & Costs -148,608. Rental Expenses -2,383. Part XII, Line 2d - Other Adjustments: Special Events Expenses 266,152. Inventory Sales, Returns, Allowances & Costs 148,608. Donated Property - expensed over useful life 518,861. Rental Expenses 2,383. Part XII, Line 4b - Other Adjustments: PRIOR YEAR'S RETIREMENT EXPENSES GROUPED IN NON-OPERATING INCOME 195,420. Cayman Islands 0 0 Passive Investment 57324 0 0 0 0 0 0 57324 0 57324 1 0 1 1 1 0 X X X X X X X 1 DCM Telemarketing 330 West 38th St Ste 207 NY NY 10018 Annual Giving 0 618673 249646 369027 Gregory Lassonde PO Box 27427 Oakland CA 94602 Planned Giving 0 0 7000 -7000 618673 256646 362027 AZ CA MA NV NY OR UT WA RED CHAMBER 2138557 2104238 34319 5749 107465 250 50330 BRAVO GALA 52059 22809 29250 4832 22228 2955 72342 2190616 2127047 63569 10581 129693 3205 122672 266151 -202582 X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Matthew Shilvock OFFICER OF THE ASSN-GEN DIRECTOR & C 331927 0 25000 0 18000 0 13279 0 24243 0 412449 0 0 0 Michael T W Simpson OFFICER OF THE ASSN-CFO 270982 0 25000 0 0 0 18550 0 20407 0 334939 0 0 0 Daniel Knapp MANAGING DIRECTOR: PRODUCTION 212881 0 0 0 9772 0 10147 0 6755 0 239555 0 0 0 Marcia Lazer DIRECTOR OF MKTING 162314 0 0 0 24000 0 13335 0 7283 0 206932 0 0 0 Gregory Henkel MANAGING DIRECTOR: ARTISTIC 166390 0 0 0 0 0 9764 0 6755 0 182909 0 0 0 Judith Frankel DEPUTY DIRECTOR OF DEVELOPMENT 133282 0 0 0 24000 0 11303 0 6866 0 175451 0 0 0 Jennifer Good MANAGING DIRECTOR: OPERATIONS 148224 0 0 0 14355 0 10032 0 8821 0 181432 0 0 0 Nicola Luisotti MUSIC DIR & PRINCIPAL CONDUCTOR 547598 0 0 0 1776 0 11100 0 22303 0 582777 0 0 0 David Hatch MASTER CARPENTER 193843 0 0 0 0 0 18130 0 27672 0 239645 0 0 0 Lori Harrison MASTER OF PROPERTIES 188047 0 0 0 0 0 17567 0 26813 0 232427 0 0 0 Douglas Mitchell MASTER AUDIO/VIDEO ENGINEER 214195 0 0 0 18000 0 21761 0 33215 0 287171 0 0 0 Leon Parsons MASTER ELECTRICIAN 157130 0 0 0 24000 0 16910 0 25810 0 223850 0 0 0 David R Gockley FORMER OFFICER OF THE ASSN- GENERAL 307412 0 541574 0 21906 0 123550 0 4725 0 999167 0 420750 0 Part I, Line 1a David Gockley, Officer and General Director, received compensation for a health and social membership at an annual cost of $1,379. Nicola Luisotti, Music Director and Principal Conductor, received reimbursement for two spousal transatlantic air fares per year. During 2016, two fares were required at a cost of $10,045. Cell phones provided to employees primarily for business purposes are a working condition fringe and not reportable as compensation. Part I, Line 4b The Opera maintained a deferred compensation plan for General Director, David Gockley, in the amount of $105,000. Mary Powell Director 44981 Floral services 0 Steven Menzies Director 304173 Insurance services 0 Charles Edward Hudson III Director 29763 transportation services 0 Justin Moore Director 20897 Disaster Recovery and backup services 0 WILLIAM RUSSELL-SHAPIRO DIRECTOR 2276 Food services 0 Helen Meyer Director 36943 Sound equipment provider 0 X 148 31390740 FMV at Date of Gift X Food/Beverage 21 588222 FMV at Date of Gift X TRANSPORTATION 6 146506 FMV at Date of Gift X COSTUME SUPPLIES 5 20900 FMV at Date of Gift X MISC 5 15667 FMV at Date of Gift 0 1 1 Part I, Column (b): LINE 9: ALL CONTRIBUTIONS REPORTED REPRESENT THE NUMBER OF CONTRIBUTIONS AND NOT THE NUMBER OF ITEMS RECEIVED. STOCK CONTRIBUTIONS REPRESENTED THE NUMBER OF CONTRIBUTIONS AND NOT INDIVIDUAL SHARES OF STOCK. LINE 9: 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 Thomas A. Larsen, Officer and Secretary, has a business relationship with George Hume, Officer and Vice-Chair. Thomas A. Larsen, Officer and Secretary, has a business relationship with John Gunn, Director and Chairman. Bill Russell-Shapiro, Director, has a family relationship with C.P. Russell, Director. Bill Russell-Shapiro, Director, has a business relationship with Franklin P. Johnson, Jr., Officer and Chairman Emeritus. WILLIAM M. COUGHRAN, JR., Director, has a business relationship with KEITH GEESLIN, Officer and President. SARAH FENTON, Director, has a family relationship with PETER FENTON, Director. Karl Mills, Officer and Vice-Chair, has a business relationship with various directors, via an investment advisory firm and one director is a shareholder. Form 990, Part VI, Section A, line 4 The by-laws of the San Francisco Opera Association were amended on April 5, 2017 to include the following changes: Section 5.03 Updated approval requirement to a super majority for the investment committee to make investment decisions. 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 The Opera has a written compensation policy. There is an annual review of compensation for Officers and Key Employees by the Compensation Committee. The Committee is composed entirely of independent individuals and comparable data is used to evaluate the appropriateness of the compensation. Form 990, Part VI, Section C, line 19 Governing Documents the conflict of interest policy, and current annual financial statements are available on the San Francisco Opera Website (www.sfopera.com). A copy of the 990 is available on the Guidestar website (www.guidestar.com). Form 990, Part XI, line 9: Donated Property -Expensed Over Useful Life -518,861. Form 990, Part XII, Line 2c: Audit Committee Role The Audit Committee is set up to oversee the audit and selection of the independent accounting firm. The committee held three meetings with board members, officers of the opera, and independent auditors.