LOS ANGELES OPERA COMPANY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LOS ANGELES OPERA COMPANY (EIN 95-2096402)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-15
- IRS object ID
- 201521359349306327
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-15T14:27:33-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 S Hope St Suite 1500 | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90071 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952096402 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Los Angeles Opera Company | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % FAITH RAIGUEL | InCareOfNm |
| Business Name Control | LOSA | BusinessNameControlTxt |
| Phone | 2139727219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 North Grand Avenue | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90012 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FAITH RAIGUEL | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2139727219 | PhoneNum |
| Signature | 2015-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KPMG LLP | PreparerPersonNm |
| PTIN | P01071312 | PTIN |
| Phone | 2139727219 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FAITH RAIGUEL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 N GRAND AVENUE | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900123013 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $63,824,749 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | laopera.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | THE LOS ANGELES OPERA COMPANY (LA OPERA) IS A NON-PROFIT ENTITY ORGANIZED TO PROVIDE AN OPPORTUNITY FOR ALL TO EXPERIENCE THE RICH EMOTIONAL AND CULTURAL EXPERIENCE OF OPERA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 80 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 69 | VotingMembersIndependentCnt |
| Total Employee | 909 | TotalEmployeeCnt |
| Total Volunteers | 264 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $38,789,374 | PYContributionsGrantsAmt |
| CY Contributions Grants | $47,132,944 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,954,757 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,780,948 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,291,030 | PYInvestmentIncomeAmt |
| CY Investment Income | $803,000 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$160,592 | PYOtherRevenueAmt |
| CY Other Revenue | -$192,764 | CYOtherRevenueAmt |
| PY Total Revenue | $52,874,569 | PYTotalRevenueAmt |
| CY Total Revenue | $62,524,128 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $24,136,749 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $25,558,875 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $130,022 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $140,205 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,597,639 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,429,193 | PYOtherExpensesAmt |
| CY Other Expenses | $15,618,737 | CYOtherExpensesAmt |
| PY Total Expenses | $37,695,964 | PYTotalExpensesAmt |
| CY Total Expenses | $41,317,817 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $15,178,605 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $21,206,311 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $62,626,099 | TotalAssetsBOYAmt |
| Total Assets EOY | $82,455,499 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,798,027 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $24,388,473 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $34,828,072 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,067,026 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WE ENVISION AN ENGAGED AND ENLIGHTENED COMMUNITY IN WHICH ALL MEMBERS HAVE THE OPPORTUNITY TO COLLECTIVELY ENJOY THE RICH AESTHETIC, EMOTIONAL, INTELLECTUAL AND CULTURAL EXPERIENCE OF OPERA. SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $32,321,556 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $13,957,726 | RevenueAmt |
| Desc | OPERA FROM JULY 1, 2013 THROUGH JUNE 30, 2014, THE COMPANY PRODUCED 44 PERFORMANCES OF EIGHT OPERAS FOR OVER 123,000 PEOPLE, INCLUDING 55,000 ATTENDING PRESHOW EDUCATIONAL TALKS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,136,888 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $707,299 | RevenueAmt |
| Desc | OTHER ARTISTIC PROGRAMS THE ORGANIZATION PRESENTS OPERA IN A VARIETY OF MEDIA AND AT A VARIETY OF LOCATIONS TO EXPAND AND ENGAGE THE OPERA AUDIENCE, AND PROMOTE THE ART FORM. THESE ACTIVITIES INCLUDE THE "OFF GRAND INITIATIVE" AND THE "YOUNG ARTIST PROGRAM." SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,258,965 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $115,923 | RevenueAmt |
| Desc | EDUCATION AND COMMUNITY OUTREACH OVER 30 UNIQUE EDUCATION AND COMMUNITY PROGRAMS REACHED MORE THAN 140,000 YOUNG CHILDREN, STUDENTS, FAMILIES AND SENIOR CITIZENS ACROSS THE LOS ANGELES REGION. OVER 9,000 SCHOOL STUDENTS ATTENDED PERFORMANCES BOTH AT THE DOROTHY CHANDLER PAVILION AS WELL AS OTHER LOCAL VENUES. SEE SCHEDULE O. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $35,717,409 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 155 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 909 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 80 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 69 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FAITH RAIGUEL | PersonNm |
| Phone | 2139727219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 N GRAND AVENUE | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900123013 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (92 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARC I STERN | ||||||||
| CHAIRMAN | 10.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CAROL F HENRY | ||||||||
| CHAIRMAN OF EXECUTIVE COMMITTE | 10.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BERNARD A GREENBERG | ||||||||
| VICE CHAIRMAN | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| WARNER W HENRY | ||||||||
| VICE CHAIRMAN | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SEBASTIAN PAUL MUSCO | ||||||||
| VICE CHAIRMAN | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MILAN PANIC | ||||||||
| VICE CHAIRMAN | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARILYN ZIERING | ||||||||
| VICE CHAIRMAN | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROBERT RONUS | ||||||||
| TREASURER | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARVIN S SHAPIRO | ||||||||
| SECRETARY | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| AMBASSADOR FRANK E BAXTER | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ALEX K BOUZARI | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| LESLIE A DORMAN | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MARY HAYLEY | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| LAWRENCE A KERN | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| HAROLD B RAY | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| BARRY A SANDERS | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| R CARLTON SEAVER | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| EUGENE P STEIN | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| PAUL D TOSETTI | ||||||||
| MANAGING DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| GERALDINE ALDEN PHD | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MARVIN ANTONOWSKY | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| JAMES R ASPERGER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| HAIG S BAGERDJIAN | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| JILL C BALDAUF | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MOSHE BARKAT | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DAVID N BARRY | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DR GERALD BERKE | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ADELE H BINDER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| PAUL BLOCH | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| SIOBHAN MCBREEN BURKE | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| JOYCE CHERNICK | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| WALTER J CONN | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT T COOK | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| KATHY CRANDALL | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MARK H DALZELL | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MARI L DANIHEL | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| GEOFF EMERY | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DON ERIK FRANZEN | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ALEXANDER FURLOTTI | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| CRAIG GARNER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| RUTH R GOLD | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| BRINDELL ROBERTS GOTTLIEB | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS GOTTSCHALK | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DIANE GRAY | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MONICA GUTIERREZ-ROPER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| HANY HADDAD | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE H HELM | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| JUDGE JUDITH HOLLINGER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MRS JOHN F HOTCHKIS | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| TIM C JOHNSON | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD JONES | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DR HAROLD L KARPMAN | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS F KRANZ | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT KUPPENHEIMER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD A LANDRY | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| CLAUDE MANN | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE MARCUS | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| BRYAN MOELLER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| CARLOS A MOLLURA | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DR STEVEN NAGELBERG | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DR LESLIE A PAM PHD | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ARMIN M SADOFF MD | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| FRED C SANDS | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| E RANDOL SCHOENBERG | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| LISA SEE | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| JOAN SEIDEL | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DR CHESTER SEMEL | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MARILYN SHAPIRO | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ERIC L SMALL | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| JAMES THURMOND SMITHGALL | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MRS DOROTHY B STRAUS | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| DR JAMES H STRAUSS | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA AUGUSTA TEICHERT | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| SANDRA W TERNER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| BRIGITTA B TROY | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ALYCE WILLIAMSON | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| ELLEN ZETCHER | ||||||||
| DIRECTOR | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| PLACIDO DOMINGO | ||||||||
| DIRECTOR, GEN DIR, PERFORMER | 20.0 | Yes (X) | $943,168 | $0 | $0 | |||
| JAMES CONLON | ||||||||
| EX.OFFICIO DIR,MUSIC DIR,PRFMR | 20.0 | Yes (X) | $784,212 | $0 | $78,160 | |||
| CHRISTOPHER KOELSCH | ||||||||
| EX.OFFICIO DIR, PRES & CEO | 40.0 | Yes (X) | Yes (X) | $350,000 | $0 | $10,166 | ||
| JOYCE BLACK | ||||||||
| DIRECTOR (THRU 10/6/13) | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD CLARK | ||||||||
| DIRECTOR (THRU 10/1/13) | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| KELLY DAY | ||||||||
| DIRECTOR (THRU 12/31/13) | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| MILTON OKUN | ||||||||
| DIRECTOR (THRU 8/31/13) | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| FAITH RAIGUEL | ||||||||
| VICE PRESIDENT, CFO | 40.0 | Yes (X) | $250,000 | $0 | $15,385 | |||
| JOHN NUCKOLS | ||||||||
| VICE PRESIDENT, ADVANCEMENT | 40.0 | $250,000 | $0 | $5,343 | Yes (X) | |||
| DIANE RHODES BERGMAN | ||||||||
| VICE PRESIDENT, MKTG & COMM | 40.0 | $160,000 | $0 | $17,659 | Yes (X) | |||
| RUPERT HEMMINGS | ||||||||
| SENIOR DIRECTOR, PRODUCTION | 40.0 | $176,803 | $0 | $16,488 | Yes (X) | |||
| HAROLD E CONROY | ||||||||
| STAGEHAND | 40.0 | $163,546 | $0 | $35,558 | Yes (X) | |||
| GRANT GERSHON | ||||||||
| RESIDENT CONDUCTOR | 25.0 | $158,000 | $0 | $2,400 | Yes (X) | |||
| PATRICIA MCLEOD | ||||||||
| SENIOR DIRECTOR, DEVELOPMENT | 40.0 | $155,000 | $0 | $17,024 | Yes (X) | |||
| JEFF KLEEMAN | ||||||||
| TECHNICAL DIRECTOR | 40.0 | $146,255 | $0 | $16,849 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,536,984 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $215,032 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 24 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KPMG LLP | |||||
| 550 S HOPE ST SUITE 1500 | LOS ANGELES | CA | 90071 | AUDIT & TAX PREP FEE | $148,908 |
| LEVI ESTATES LLC | |||||
| 5777 W PICO BLVD | LOS ANGELES | CA | 90019 | PROPERTY RENTAL FEES | $127,609 |
| RONNITA MILLER | |||||
| 6464 30TH ST S | ST PETERSBURG | FL | 33712 | ARTIST FEES | $117,900 |
| SPECIAL OCCASIONS EVENT PLANNING | |||||
| 357 S ROBERTSON BLVD | BEVERLY HILLS | CA | 90211 | EVENT PLANNING | $105,643 |
| STUDIO SERENO | |||||
| 5015 ALHAMBRA AVE | LOS ANGELES | CA | 90032 | PROD. DESIGN BUILD | $102,690 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $1,402,121 | FundraisingAmt |
| Government Grants | $1,969,340 | GovernmentGrantsAmt |
| All Other Contributions | $43,761,483 | AllOtherContributionsAmt |
| Noncash Contributions | $712,533 | NoncashContributionsAmt |
| Total Contributions | $47,132,944 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TICKET SALES AND FEES | 711190 | $13,957,726 | $13,957,726 |
| CO-PRODUCTION & PRODUCTION RENTAL | 711190 | $256,999 | $256,999 |
| OUTREACH INCOME | 611710 | $115,923 | $115,923 |
| OFF-GRAND INITIATIVE | 711190 | $186,186 | $186,186 |
| RECITALS | 711190 | $264,114 | $264,114 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,780,948 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $805,793 | TotalRevenueColumnAmt |
| Exclusion | $805,793 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,373 | TotalRevenueColumnAmt |
| Exclusion | $54,373 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $708,941 | SecuritiesAmt |
| Other | $800 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $712,534 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$3,593 | SecuritiesAmt |
| Other | $800 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,793 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$2,793 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $157,999 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,402,121 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $588,087 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$430,088 | TotalRevenueColumnAmt |
| Exclusion | -$430,088 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER INCOME | 900099 | $104,472 | $104,472 |
| WORKERS COMPENSATION REBATE | 900099 | $55,571 | $55,571 |
| YOUNG ARTIST APPLICATION FEES | 900099 | $15,431 | $15,431 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,477 | TotalRevenueColumnAmt |
| Exclusion | $7,477 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $182,951 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,524,128 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,780,948 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $610,236 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,864,094 | TotalAmt |
| Program Services | $2,343,366 | ProgramServicesAmt |
| Management And General | $265,385 | ManagementAndGeneralAmt |
| Fundraising | $255,343 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,702,424 | TotalAmt |
| Program Services | $15,635,316 | ProgramServicesAmt |
| Management And General | $890,386 | ManagementAndGeneralAmt |
| Fundraising | $1,176,722 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,930 | TotalAmt |
| Program Services | $190,594 | ProgramServicesAmt |
| Management And General | $10,762 | ManagementAndGeneralAmt |
| Fundraising | $17,574 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,012,643 | TotalAmt |
| Program Services | $2,858,561 | ProgramServicesAmt |
| Management And General | $65,028 | ManagementAndGeneralAmt |
| Fundraising | $89,054 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,760,784 | TotalAmt |
| Program Services | $1,569,687 | ProgramServicesAmt |
| Management And General | $84,135 | ManagementAndGeneralAmt |
| Fundraising | $106,962 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,051 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $5,051 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,566 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $121,566 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,205 | TotalAmt |
| Fundraising | $140,205 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,564 | TotalAmt |
| Management And General | $36,564 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,922,000 | TotalAmt |
| Program Services | $3,922,000 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,579,958 | TotalAmt |
| Program Services | $1,502,071 | ProgramServicesAmt |
| Management And General | $3,370 | ManagementAndGeneralAmt |
| Fundraising | $74,517 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $501,124 | TotalAmt |
| Program Services | $319,780 | ProgramServicesAmt |
| Management And General | $93,553 | ManagementAndGeneralAmt |
| Fundraising | $87,791 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,054 | TotalAmt |
| Program Services | $16,307 | ProgramServicesAmt |
| Management And General | $115,819 | ManagementAndGeneralAmt |
| Fundraising | $928 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $498,834 | TotalAmt |
| Program Services | $498,834 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,711,662 | TotalAmt |
| Program Services | $1,485,683 | ProgramServicesAmt |
| Management And General | $222,693 | ManagementAndGeneralAmt |
| Fundraising | $3,286 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $936,145 | TotalAmt |
| Program Services | $776,229 | ProgramServicesAmt |
| Management And General | $115,207 | ManagementAndGeneralAmt |
| Fundraising | $44,709 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,712 | TotalAmt |
| Program Services | $13,467 | ProgramServicesAmt |
| Management And General | $3,120 | ManagementAndGeneralAmt |
| Fundraising | $5,125 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,100 | TotalAmt |
| Management And General | $313,100 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,971 | TotalAmt |
| Program Services | $272,044 | ProgramServicesAmt |
| Management And General | $66,927 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,274 | TotalAmt |
| Management And General | $212,274 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PHYSICAL PRODUCTION COSTS | $2,940,194 | $2,940,194 | $0 | $0 |
| CONSULTING FEES | $699,307 | $446,556 | $166,579 | $86,172 |
| SPECIAL PROGRAMS | $644,064 | $183,807 | $26,749 | $433,508 |
| CREDIT CARD DISCOUNTS | $477,887 | $408,115 | $2,250 | $67,522 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $525,270 | TotalAmt |
| Program Services | $334,798 | ProgramServicesAmt |
| Management And General | $187,302 | ManagementAndGeneralAmt |
| Fundraising | $3,170 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,317,817 | TotalAmt |
| Program Services | $35,717,409 | ProgramServicesAmt |
| Management And General | $3,002,769 | ManagementAndGeneralAmt |
| Fundraising | $2,597,639 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $725,319 | BOYAmt |
| EOY | $995,752 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,120 | BOYAmt |
| EOY | $10,149 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,884,752 | BOYAmt |
| EOY | $54,127,533 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,558 | BOYAmt |
| EOY | $94,214 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,949,088 | BOYAmt |
| EOY | $1,290,782 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,883,144 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,402,229 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $696,808 | BOYAmt |
| EOY | $480,915 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $491 | BOYAmt |
| EOY | $491 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,216,859 | BOYAmt |
| EOY | $13,496,165 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,909,104 | BOYAmt |
| EOY | $11,959,498 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,626,099 | BOYAmt |
| EOY | $82,455,499 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,290,058 | BOYAmt |
| EOY | $5,028,186 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,819,271 | BOYAmt |
| EOY | $6,943,589 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,188,698 | BOYAmt |
| EOY | $7,166,698 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,500,000 | BOYAmt |
| EOY | $4,250,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000,000 | BOYAmt |
| EOY | $1,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,798,027 | BOYAmt |
| EOY | $24,388,473 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$20,333,469 | BOYAmt |
| EOY | -$19,356,813 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,030,431 | BOYAmt |
| EOY | $42,920,045 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,131,110 | BOYAmt |
| EOY | $34,503,794 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,828,072 | BOYAmt |
| EOY | $58,067,026 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,626,099 | BOYAmt |
| EOY | $82,455,499 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $21,206,311 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $998,905 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,033,738 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $41,170,929 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,582,773 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,377,871 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $38,789,374 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,132,944 | CurrentTaxYearAmt |
| Total | $179,053,891 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,624,194 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,690,095 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,066,497 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,954,757 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,780,948 | CurrentTaxYearAmt |
| Total | $63,116,491 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,795,123 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,272,868 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,444,368 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $51,744,131 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $61,913,892 | CurrentTaxYearAmt |
| Total | $242,170,382 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,700,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,831,267 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,419,819 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $31,809,698 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,424,381 | CurrentTaxYearAmt |
| Total | $110,185,215 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,700,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,831,267 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,419,819 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $31,809,698 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,424,381 | CurrentTaxYearAmt |
| Total | $110,185,215 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $131,985,167 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $104,453 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $340,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $616,451 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,277,472 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $860,166 | CurrentTaxYearAmt |
| Total | $3,199,042 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $104,453 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $340,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $616,451 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,277,472 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $860,166 | CurrentTaxYearAmt |
| Total | $3,199,042 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $321,408 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $153,055 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $186,996 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $313,036 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $340,950 | CurrentTaxYearAmt |
| Total | $1,315,445 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,220,984 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,766,423 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $34,247,815 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $53,334,639 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $63,115,008 | CurrentTaxYearAmt |
| Total | $246,684,869 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.53504 | PublicSupportCY509Pct |
| Public Support PY509 | 0.59378 | PublicSupportPY509Pct |
| Investment Income CY | 0.01297 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00994 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,216,859 | BeginningYearBalanceAmt |
| Contributions | $697,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,666,737 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $584,431 | OtherExpendituresAmt |
| End Year Balance | $13,996,165 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,363,352 | BeginningYearBalanceAmt |
| Contributions | $197,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,154,124 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $497,617 | OtherExpendituresAmt |
| End Year Balance | $12,216,859 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,488,289 | BeginningYearBalanceAmt |
| Contributions | $65,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$668,431 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $521,506 | OtherExpendituresAmt |
| End Year Balance | $11,363,352 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,110,558 | BeginningYearBalanceAmt |
| Contributions | $17,500 | ContributionsAmt |
| Investment Earnings Or Losses | $1,941,477 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $581,246 | OtherExpendituresAmt |
| End Year Balance | $12,488,289 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,418,993 | BeginningYearBalanceAmt |
| Contributions | $15,900 | ContributionsAmt |
| Investment Earnings Or Losses | $1,265,929 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $590,264 | OtherExpendituresAmt |
| End Year Balance | $11,110,558 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.92644 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.07356 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $967,297 | OtherCostOrOtherBasisAmt |
| Depreciation | $967,297 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,524,385 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,043,470 | DepreciationAmt |
| Book Value | $480,915 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $391,463 | OtherCostOrOtherBasisAmt |
| Depreciation | $391,463 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $480,915 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MUSIC CTR FDTN UNITIZED INV PL | Desc |
| Book Value | $13,496,165 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $13,496,165 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INTEREST IN TRUST | $11,884,494 |
| DEPOSITS | $67,000 |
| FABRIC INVENTORY | $8,004 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,959,498 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $65,652,638 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $998,905 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $998,575 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $1,167,594 | OtherRevenueAmt |
| Revenue Not Reported | $3,165,074 | RevenueNotReportedAmt |
| Revenue Subtotal | $62,487,564 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $36,564 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $36,564 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $62,524,128 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $42,413,684 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $998,575 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $133,856 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,132,431 | ExpensesNotReportedAmt |
| Expenses Subtotal | $41,281,253 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $36,564 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $36,564 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,317,817 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, SCHEDULE D, PART V, LINE 4 | THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. TO SATISFY THE LONG-TERM RATE-OF-RETURN OBJECTIVES, THE OPERA RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). IN ORDER TO SUPPORT THE LONG-TERM GROWTH OF THE OPERA, THE FINANCE COMMITTEE HAS ESTABLISHED A SPENDING RATE POLICY WHERE THE ENDOWMENT SHALL ANNUALLY DISTRIBUTE A PERCENTAGE OF THE 12-QUARTER ROLLING AVERAGE FAIR VALUE ENDING ON MARCH 30 OF THE PRIOR FISCAL YEAR. IN 2013, THE PERCENTAGE RATE USED WAS 5%. FOR FUNDS WITH DONOR-IMPOSED ASSET ALLOCATIONS OR DISTRIBUTIONS, THE DISTRIBUTIONS CONFORM TO THE DONOR'S EXPRESSED WISHES. THIS SPENDING RATE POLICY IS CONSISTENT WITH THE OPERA'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NET GIFTS AND INVESTMENT RETURN. |
| FIN 48 (ASC 740) FOOTNOTE | THE OPERA FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) SUBTOPIC 740-10, INCOME-TAXES - OVERALL, RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INTERPRETATION REQUIRES THAT THE ENTITY ACCOUNT FOR AND DISCLOSE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. AS OF JUNE 30, 2014 AND 2013, THE OPERA HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL OR DISCLOSURE. |
| FORM 990, SCHEDULE D, PART XI, LINE 2D | CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST $ 558,889 PLEDGE DISCOUNT ADJUSTMENT $ 608,705 ------------ $1,167,594 RECONCILIATION OF EXPENSE FORM 990, SCHEDULE D, PART XII, LINE 2D ADJUSTMENT FOR uncollectible pledges on receivables $ 133,856 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SDA Teleservices Inc | PersonNm |
| Activity | Telefunding | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $301,833 | GrossReceiptsAmt |
| Retained By Contractor | $140,205 | RetainedByContractorAmt |
| Net To Organization | $161,628 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $301,833 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $140,205 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $161,628 | TotalNetToOrganizationAmt |
| Licensed States | CA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | OPEN NIGHT GALA | NameOfEvent1Amt |
| Gross Receipts Event1 | $708,542 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $630,782 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $77,760 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $600 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $119,560 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $16,700 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $382,060 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | DOMINGO AWARDS | NameOfEvent2Amt |
| Gross Receipts Event2 | $168,146 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $150,600 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $17,546 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $32,480 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $1,000 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $35,687 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $683,432 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $620,739 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $62,693 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $1,560,120 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,402,121 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $157,999 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $600 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $152,040 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $17,700 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $417,747 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $588,087 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$430,088 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | ADDRESS OF FUNDRAISER | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE G, PART I, LINE 2B SD&A TELESERVICES, INC. 5757 WEST CENTURY BLVD., STE 300 LOS ANGELES, CA 90045 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PLACIDO DOMINGO | ||||||||||||||
| DIRECTOR, GEN DIR, PERFORMER | $943,168 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $943,168 | $0 | $0 | $0 |
| JAMES CONLON | ||||||||||||||
| EX.OFFICIO DIR,MUSIC DIR,PRFMR | $781,667 | $0 | $0 | $0 | $2,545 | $0 | $0 | $0 | $78,160 | $0 | $862,372 | $0 | $0 | $0 |
| CHRISTOPHER KOELSCH | ||||||||||||||
| EX.OFFICIO DIR, PRES & CEO | $350,000 | $0 | $0 | $0 | $0 | $0 | $4,000 | $0 | $6,166 | $0 | $360,166 | $0 | $0 | $0 |
| JOHN NUCKOLS | ||||||||||||||
| VICE PRESIDENT, ADVANCEMENT | $250,000 | $0 | $0 | $0 | $0 | $0 | $4,000 | $0 | $1,343 | $0 | $255,343 | $0 | $0 | $0 |
| FAITH RAIGUEL | ||||||||||||||
| VICE PRESIDENT, CFO | $250,000 | $0 | $0 | $0 | $0 | $0 | $4,000 | $0 | $11,385 | $0 | $265,385 | $0 | $0 | $0 |
| DIANE RHODES BERGMAN | ||||||||||||||
| VICE PRESIDENT, MKTG & COMM | $160,000 | $0 | $0 | $0 | $0 | $0 | $3,200 | $0 | $14,459 | $0 | $177,659 | $0 | $0 | $0 |
| RUPERT HEMMINGS | ||||||||||||||
| SENIOR DIRECTOR, PRODUCTION | $176,803 | $0 | $0 | $0 | $0 | $0 | $3,536 | $0 | $12,952 | $0 | $193,291 | $0 | $0 | $0 |
| HAROLD E CONROY | ||||||||||||||
| STAGEHAND | $163,546 | $0 | $0 | $0 | $0 | $0 | $18,490 | $0 | $17,068 | $0 | $199,104 | $0 | $0 | $0 |
| GRANT GERSHON | ||||||||||||||
| RESIDENT CONDUCTOR | $158,000 | $0 | $0 | $0 | $0 | $0 | $2,400 | $0 | $0 | $0 | $160,400 | $0 | $0 | $0 |
| PATRICIA MCLEOD | ||||||||||||||
| SENIOR DIRECTOR, DEVELOPMENT | $155,000 | $0 | $0 | $0 | $0 | $0 | $3,100 | $0 | $13,924 | $0 | $172,024 | $0 | $0 | $0 |
| JEFF KLEEMAN | ||||||||||||||
| TECHNICAL DIRECTOR | $146,255 | $0 | $0 | $0 | $0 | $0 | $2,925 | $0 | $13,924 | $0 | $163,104 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | COMPENSATION INFORMATION | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE J, PART I, LINE 1A FIRST CLASS TRAVEL IS SOMETIMES PROVIDED TO PLACIDO DOMINGO AND JAMES CONLON. THIS TRAVEL IS CONDUCTED FOR BUSINESS PURPOSES AND IS NOT TREATED AS TAXABLE COMPENSATION TO DOMINGO OR CONLON AS IT IS A BUSINESS EXPENSE OF THE ORGANIZATION. LIMITED TRAVEL IS PROVIDED TO MEMBERS OF CONLON'S FAMILY SUBJECT TO RESTRICTIONS. TRAVEL FOR CONLON'S FAMILY IS INCLUDED IN HIS 1099 REPORTABLE COMPENSATION. HOUSING PROVIDED TO CONLON IN LOS ANGELES IS NOT TREATED AS TAXABLE COMPENSATION BECAUSE IT IS NOT HIS PRIMARY RESIDENCE BUT IS A REQUIREMENT OF HIS EMPLOYMENT WITH THE ORGANIZATION. FORM 990, SCHEDULE J, PART II TOTAL COMPENSATION FOR PLACIDO DOMINGO INCLUDES GENERAL DIRECTOR FEES OF $641,688, AND PERFORMANCE FEES OF $301,500. IN ADDITION, $133,334 IN GENERAL DIRECTOR FEES WERE DEFERRED TO CALENDAR YEAR 2014. TOTAL COMPENSATION FOR JAMES CONLON INCLUDES MUSIC DIRECTOR FEES OF $301,667, CONDUCTING FEES OF $480,000 AND OTHER REPORTABLE COMPENSATION WAS $2,545. IN ADDITION, $158,333 IN MUSIC DIRECTOR FEES WERE DEFERRED TO CALENDAR YEAR 2014. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (8 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| MARC STERN | |||||||
| BOARD MEMBER | Temp Finance of Ops | Yes (X) | $4,028,000 | $2,611,142 | false | false | Yes (true) |
| ROBERT RONUS | |||||||
| BOARD MEMBER | Temp Finance of Ops | Yes (X) | $2,950,000 | $2,422,222 | false | false | Yes (true) |
| MARILYN ZIERING | |||||||
| BOARD MEMBER | TEMP FINANCE OF OPS | Yes (X) | $1,500,000 | $1,044,444 | false | false | Yes (true) |
| PETER GRAY | |||||||
| BOARD MEMBER | TEMP FINANCE OF OPS | Yes (X) | $500,000 | $500,000 | false | false | Yes (true) |
| FRED SANDS | |||||||
| BOARD MEMBER | TEMP FINANCE OF OPS | Yes (X) | $500,000 | $500,000 | false | false | Yes (true) |
| SELIM ZIKHA | |||||||
| BOARD MEMBER | TEMP FINANCE OF OPS | Yes (X) | $100,000 | $44,444 | false | false | Yes (true) |
| FRANK BAXTER | |||||||
| BOARD MEMBER | TEMP FINANCE OF OPS | Yes (X) | $50,000 | $22,222 | false | false | Yes (true) |
| BERNARD GREENBERG | |||||||
| BOARD MEMBER | TEMP FINANCE OF OPS | Yes (X) | $50,000 | $22,222 | false | false | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $7,166,696 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule L, Part II, Column (f) | FormAndLineReferenceDesc |
| Explanation | Loans from donors or board members do not require Finance Committee or full Board approval. The Board Chair approves all such transactions as well as the President and Chief Executive Officer and Chief Financial Officer. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 16 | ContributionCnt |
| Noncash Contributions Rpt F990 | $712,533 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | See Part II | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, SCHEDULE M, PART I, COLUMN B | This equals the number of contributions received. |
| FORM 990, SCHEDULE M, PART I, COLUMN D | NONCASH CONTRIBUTIONS ARE RECORDED AS INCOME AT THE FAIR VALUE OF THE CONTRIBUTIONS ON THE DATE OF DONATION. THE FAIR VALUE OF PUBLICLY TRADED SECURITIES IS BASED ON QUOTED MARKET PRICES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| ORGANIZATION'S MISSION, CONTINUED | FORM 990, PART III, LINE I LA OPERA WILL ACHIEVE ITS MISSION BY PRODUCING WORLD-CLASS OPERA THAT PRESERVES, PROMOTES AND ADVANCES THE ART FORM WHILE EMBODYING THE DIVERSITY, PIONEERING SPIRIT AND ARTISTIC SENSIBILITY UNIQUE TO LOS ANGELES. PROGRAM SERVICE, CONTINUED FORM 990, PART III, LINE 4B OFF GRAND THE LA OPERA "OFF GRAND" INITIATIVE IS DESIGNED TO BRING PERFORMANCES TO A BROADER GEOGRAPHIC AREA, INCREASE THE DIVERSITY OF THE COMPANY'S AUDIENCE AND EXPAND THE RANGE OF EXPERIENCES AVAILABLE TO EXISTING AUDIENCES. THE COMPANY ALSO PARTNERS WITH OTHER LOCAL ARTS ORGANIZATIONS TO PRESENT CONCERT PERFORMANCES OF CURRENT SEASON OPERAS AS WELL AS CO-PRODUCE OPERA AT VARIOUS PERFORMANCE VENUES. DOMINGO-COLBURN-STEIN YOUNG ARTIST PROGRAM CREATED BY PLACIDO DOMINGO, THE YOUNG ARTIST PROGRAM SEEKS TO SUPPORT AND DEVELOP THE CAREERS OF PROMISING SINGERS AND PIANISTS. THIS RESIDENCY PROGRAM PROVIDES EXTENSIVE TRAINING AND PERFORMANCE EXPERIENCE THROUGH MAIN-STAGE ROLES, COVER ROLES, CONCERTS AND OTHER PRODUCTIONS. DURING THE YEAR, TEN ARTISTS WERE GIVEN 46 MAIN-STAGE ASSIGNMENTS (ROLES, COVERS) AND PERFORMED IN MORE THAN 15 RECITALS THROUGHOUT THE COMMUNITY. CATHEDRAL PROJECT DURING THE YEAR THE COMPANY PRESENTED TWO WORLD PREMIERE PERFORMANCES OF "JONAH & THE WHALE" AT THE CATHEDRAL OF OUR LADY OF THE ANGELS. A TOTAL OF 382 COMMUNITY MEMBERS OF ALL AGES WERE ENGAGED AS SINGERS AND MUSICIANS ALONG WITH PROFESSIONALS. THREE PERFORMANCES WERE PRESENTED FREE OF CHARGE TO APPROXIMATELY 6,000 ATTENDEES. RADIO BROADCASTS "LA OPERA ON AIR" FEATURED ALL SIX MAINSTAGE PRODUCTIONS VIA KUSC REGIONALLY AND THE WFMT NETWORK NATIONALLY. THESE PRODUCTIONS INCLUDED "CARMEN," "FALSTAFF," "THE MAGIC FLUTE," "BILLY BUDD," "LUCIA DI LAMMERMOOR" AND "THAIS," STARRING PLACIDO DOMINGO. "LA OPERA ON AIR" WAS BROADCAST TO 343 STATIONS IN 203 MARKETS IN 37 STATES, AND TOTAL LISTENERSHIP WAS OVER 4.5 MILLION. PROGRAM SERVICE, CONTINUED FORM 990, PART III, LINE 4C THE LA OPERA TEACHING ARTISTS PERFORMED AT FOUR SCHOOLS IN THE "SING OUT LOUD PROGRAM," WHICH REACHED 1,100 STUDENTS. "IN SCHOOL OPERA" BROUGHT WEEKLY WORKSHOPS TO 20 ELEMENTARY AND SECONDARY SCHOOLS, WHERE OVER 1,200 STUDENTS LEARNED TO PERFORM IN AND PRODUCE OPERA, AND THEN PERFORMED THE OPERA AT THEIR SCHOOL ALONGSIDE PROFESSIONAL ARTISTS FOR FELLOW STUDENTS AND THEIR FAMILIES. "VOICES FOR TOLERANCE," A YEAR LONG PROGRAM FOR MORE THAN 300 STUDENTS, PROVIDED WEEKLY SESSIONS THAT TEACH CHORAL MUSIC AND PERFORMANCE, AS WELL AS DISCUSS DIVERSITY AND TOLERANCE. MORE THAN 2,000 STUDENTS, TEACHERS AND FAMILY WATCHED THE FINAL PERFORMANCES. MORE THAN 2,300 STUDENTS AND TEACHERS ATTENDED REHEARSALS AT THE DOROTHY CHANDLER PAVILION, WHICH INCLUDED WORKSHOPS BY MUSICIANS AND PRODUCTION STAFF. OPERA 101 AND OPERA FOR EDUCATORS OFFERED OVER 180 TEACHERS THE OPPORTUNITY TO LEARN A BROAD FOUNDATION IN OPERA. LA OPERA'S COMMUNITY ENGAGEMENT PROGRAMS BROUGHT UNDERSERVED COMMUNITY GROUPS TO MAIN STAGE PERFORMANCES AT LITTLE OR NO COST. THE TOTAL ENGAGED IN THESE PROGRAMS EXCEEDED 110,000 COMMUNITY MEMBERS. |
| VOTING MEMBERS OF THE GOVERNING BODY | FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS EMPOWERED TO EXERCISE ALL THE DUTIES OF THE BOARD BETWEEN MEETINGS OF THE BOARD AND WHEN THE BOARD IS NOT IN SESSION, EXCEPT THOSE MATTERS PRECLUDED UNDER SECTION 5212 OF THE CALIFORNIA NONPROFIT CORPORATION LAW. FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 2 THERE IS ONE MARRIED COUPLE ON THE BOARD: WARNER & CAROL HENRY. REVIEW OF THE FORM 990 FORM 990, PART VI, SECTION B, LINE 11A THE FINAL DRAFT OF THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE LA OPERA, AND EDITED IF REQUIRED. PRIOR TO PRESENTATION TO THE AUDIT COMMITTEE, THE CHAIR OF THE BOARD REVIEWS THE DRAFT AND PROPOSES EDITS, IF REQUIRED. IT IS THE PRACTICE OF THE LA OPERA TO CIRCULATE THE PUBLIC INSPECTION COPY WITHOUT SCHEDULE B, CONFIDENTIAL DONOR LIST, TO THE AUDIT COMMITTEE FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING. FURTHER, THE PUBLIC INSPECTION COPY WITHOUT SCHEDULE B IS MADE AVAILABLE TO THE FULL BOARD SUBSEQUENT TO FILING BY ELECTRONIC OR OTHER MEANS. |
| MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST | FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD FOR BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. ANY BUSINESS RELATIONSHIP THAT IS, OR MAY BE PERCEIVED TO BE, A CONFLICT OF INTEREST WITH A BOARD MEMBER IS DISCUSSED AND APPROVED BY THE BOARD. A CONFLICT OF INTEREST WITH A STAFF MEMBER IS REVIEWED AND APPROVED BY THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. ALSO, A PERSONALIZED LETTER TO EACH BOARD MEMBER, SIGNED BY THE CHAIRMAN OF THE BOARD, WAS CIRCULATED SPECIFICALLY REQUESTING REVIEW OF THE POLICY WHICH WAS ATTACHED, AS WELL AS REQUESTING RESPONSE TO A QUESTIONNAIRE. EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE SENDS A COMPLETED QUESTIONNAIRE TO THE CHIEF FINANCIAL OFFICER. QUESTIONNAIRES NOT RESPONDED TO ARE FOLLOWED UP WITH A PHONE CALL. ANY DISCLOSED CONFLICT WAS DISCUSSED WITH THE CHAIRMAN OF THE BOARD AND THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE CFO AND BOARD SECRETARY DETERMINE WHETHER THERE IS A CONFLICT. IF A CONFLICT DOES EXIST, THE BOARD CHAIR AND FULL BOARD REVIEW AND TAKE ACTION. THE INDIVIDUAL WITH THE CONFLICT ABSTAINS FROM DELIBERATION AND ANY ACTION. |
| PROCESS FOR DETERMINING COMPENSATION | FORM 990, PART VI, SECTION B, LINE 15A AND 15B THE COMPENSATION COMMITTEE OF THE BOARD MEETS TO REVIEW AND APPROVE THE COMPENSATION, OR CHANGE IN COMPENSATION, OF THE FOLLOWING POSITIONS, AND OTHER KEY EMPLOYEES (DEFINITION BELOW): " GENERAL DIRECTOR " MUSIC DIRECTOR " PRESIDENT AND CHIEF EXECUTIVE OFFICER " CHIEF FINANCIAL OFFICER " VICE PRESIDENTS THE COMPENSATION COMMITTEE IS COMPOSED OF BOARD MEMBERS INDEPENDENT WITH REGARD TO THE COMPENSATION ARRANGEMENT. IN ITS EFFORTS TO COMPENSATE EMPLOYEES FAIRLY FOR THEIR SERVICES, THE COMMITTEE UTILIZES THE FOLLOWING IN DETERMINING APPROPRIATE LEVELS OF COMPENSATION: " INDEPENDENT COMPENSATION CONSULTANT " COMPENSATION SURVEYS OR STUDIES OF COMPARABLE ORGANIZATIONS " INDUSTRY GROUP SURVEYS (OPERA AMERICA) " FORM 990 OF COMPARABLE ORGANIZATIONS COMPENSATION AGREEMENTS ARE APPROVED BY THE COMMITTEE AND THE BOARD OF DIRECTORS. DOCUMENTATION INCLUDES THE TERMS OF THE AGREEMENTS AND THE DATE APPROVED, MEMBERS PRESENT DURING DEBATE AND THOSE WHO VOTED ON IT, THE COMPARABILITY DATA RELIED UPON AND HOW IT WAS OBTAINED, AND ANY VOTING MEMBER WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A TRANSACTION ISN'T PERMITTED TO VOTE OR INFLUENCE THE VOTE WITH RESPECT TO THAT TRANSACTION AND SUCH DECISION IS DOCUMENTED ACCORDINGLY IN THE MEETING MINUTES. WHILE NO COMPENSATION COMMITTEE MEETING WAS HELD DURING THE FISCAL YEAR 2013-2014, ANY AGREEMENTS WHICH EXPIRED IN 2013-2014 WERE ADDRESSED RETROACTIVELY AT A MEETING ON SEPTEMBER 4, 2014. |
| JOINT VENTURE POLICY | FORM 990, PART VI, SECTION C, LINE 16A AND 16B ANY PROPOSED JOINT VENTURE MUST BE SUBMITTED FOR APPROVAL BY A MEMBER OF THE LEGAL COMMITTEE IN ACCORDANCE WITH THE POLICY STATEMENT REGARDING CONTRACT SIGNING AUTHORIZATION ADOPTED BY THE BOARD OF DIRECTORS ON JANUARY 7, 2008. THE JOINT VENTURE SHALL ALSO COMPLY WITH ALL OTHER REQUIREMENTS OF THE POLICY STATEMENT. IT IS THE POLICY OF THE LA OPERA TO ENTER INTO A JOINT VENTURE ARRANGEMENT ONLY IF IT IS CONSISTENT WITH THE MISSION OF THE ORGANIZATION; AND IT DOES NOT JEOPARDIZE THE TAX EXEMPT STATUS OF THE ORGANIZATION; AND SPECIFICALLY THE OPERATION OF THE JOINT VENTURE MUST NOT RESULT IN ANY PROHIBITED PRIVATE BENEFIT. IF A JOINT VENTURE IS CONTEMPLATED, IT IS DISCLOSED TO THE FINANCE COMMITTEE FOR ACTION IN ACCORDANCE WITH THIS POLICY, AND, IF DEEMED APPROPRIATE, ADVICE OF LEGAL COUNSEL OR TAX ADVISORS IS SECURED BEFORE ENTERING INTO THE JOINT VENTURE OR OTHER ARRANGEMENT. SAMPLE JOINT VENTURES INCLUDE TELEVISION BROADCASTS, DVDS & CDS. BEFORE MAKING ANY DECISION TO PARTICIPATE IN A JOINT VENTURE, LA OPERA WILL ENSURE THAT THE JOINT VENTURE FURTHERS LA OPERA'S EXEMPT PURPOSES AND WILL NEGOTIATE AT ARM'S LENGTH CONTRACTUAL AND OTHER TERMS OF PARTICIPATION THAT SAFEGUARD LA OPERA'S EXEMPTION FROM FEDERAL AND STATE INCOME TAX. |
| PROCESS FOR DISCLOSING GOVERNING DOCUMENTS | FORM 990, PART VI, SECTION C, LINE 19 THE LA OPERA MAKES ITS GOVERNING DOCUMENTS, TAX EXEMPTION LETTER, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| RECONCILIATION OF NET ASSETS | FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST $ 558,889 UNCOLLECTIBLE PLEDGES RECEIVABLE $(133,856) PLEDGE DISCOUNT ADJUSTMENT* $ 608,705 -------------- TOTAL $ 1,033,738 *DISCOUNT TO PRESENT PLEDGES RECEIVABLE AT PRESENT VALUE, UNDER GAAP. |