2015-06-11T17:20:34-05:00 2014-07-31 946214841 ARMANINO LLP 12657 ALCOSTA BOULEVARD SUITE 500 SAN RAMON CA 945834600 990 2013-08-01 940836240 SAN FRANCISCO OPERA ASSOCIATION SANF 4155653295 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 DAVID GOCKLEY CEO 4155653295 2015-06-09 1 LYNN HENLEY P00356034 9257902600 2013 2016-02-25 16:41:14Z DAVID GOCKLEY 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 127261194 0 X WWW.SFOPERA.COM X 1932 CA THE WORLD-RENOWNED SAN FRANCISCO OPERA IS CONSIDERED ONE OF THE MOST IMPORTANT (CONTINUED ON SCHED O) 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. 78 77 1088 675 -75267 -75267 40106664 41085156 22611419 26637759 6680528 7587976 277420 497609 69676031 75808500 0 0 0 0 51051911 55368049 319461 299018 4922358 16136553 18257936 67507925 73925003 2168106 1883497 210148701 223116675 22328344 26108947 187820357 197007728 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 49919082 22674340 PRODUCTION AND ARTISTIC ACCOMPLISHMENTS - THE OPERA PRESENTED 68 MAINSTAGE PERFORMANCES OF EIGHT OPERAS OF THE HIGHEST ARTISTIC QUALITY IN ADDITION TO NUMEROUS CONCERTS, RECITALS, WORKSHOPS, AND COMMUNITY ENGAGEMENT EVENTS ATTRACTING MORE THAN 271,954 INDIVIDUALS DURING THE 2014 SEASON. HIGHLIGHTS OF THE 91ST SEASON INCLUDED A WORLD PREMIERE OF TOBIAS PICKER'S "DOLORES CLAIBORNE," NEW PRODUCTIONS OF ROSSINI'S "IL BARBIERE DI SIVIGLIA," AND WAGNER'S "THE FLYING DUTCHMAN," AS WELL AS BOITO'S "MEFISTOFELE," VERDI'S "FALSTAFF," KERN AND HAMMERSTEIN'S "SHOW BOAT," VERDI'S "LA TRAVIATA," AND PUCCINI'S "MADAMA BUTTERFLY." SPECIAL TO THE FALL SEASON AND IN HONOR OF VERDI'S BICENTENNIAL CELEBRATION, SAN FRANCISCO OPERA JOINED WITH THE RENOWNED TEATRO DI SAN CARLO OF NAPLES FOR A CONCERT OF THE COMPOSER'S "MESSA DA REQUIEM" FEATURING A 320 PERSON DOUBLE ORCHESTRA AND CHORUS. MANY OF THE WORLD'S MOST IMPORTANT SINGERS, CONDUCTORS, DIRECTORS AND CREATIVE ARTISTS WERE ASSEMBLED FOR THE SEASON INCLUDING SINGERS: AINHOA ARTETA, NICOLE CABELL, LEAH CROCETTO, ELIZABETH DESHONG, ELIZABETH FUTRAL, ISABEL LEONARD, LISE LINDSTROM, DANIELA MACK, AILYN PEREZ, PATRICIA RACETTE, HEIDI STOBER, ILDAR ABDRAZAKOV, JAVIER CAMARENA, ALESSANDRO CORBELLI, STEPHEN COSTELLO, MICHAEL FABIANO, GREER GRIMSLEY, AUDUN IVERSEN, BRIAN JAGDE, QUINN KELSEY, LUCAS MEACHEM, BRIAN MULLIGAN, MAURIZIO MURARO, SAIMIR PIRGU, MORRIS ROBINSON, ALEK SHRADER, KRISTINN SIGMUNDSSON, VLADIMIR STOYANOV, BRYN TERFEL, AND RAMON VARGAS. ON THE PODIUM LEADING THE SAN FRANCISCO OPERA ORCHESTRA AND CHORUS WAS COMPANY MUSIC DIRECTOR NICOLA LUISOTTI, PRINCIPAL GUEST CONDUCTOR PATRICK SUMMERS, COMPANY RESIDENT CONDUCTOR GIUSEPPE FINZI, JOHN DEMAIN AND GEORGE MANAHAN; IAN ROBERTSON, DIRECTOR OF THE SAN FRANCISCO OPERA CHORUS, AND FABRIZIO CORONA, ASSOCIATE CHORUS MASTER. OTHER MUSICAL HIGHLIGHTS OF THE SEASON INCLUDED POPULAR AND FREE OUTDOOR CONCERTS AT THE STERN GROVE FESTIVAL, FEATURING GUEST SINGERS AILYN PEREZ AND STEPHEN COSTELLO, LED BY MAESTRO MANAHAN. FOR THE 40TH YEAR IN A ROW, THE OPERA HELD ITS ANNUAL OPERA IN THE PARK AT GOLDEN GATE PARK'S SHARON MEADOW WITH VARIOUS STARS OF THE FALL SEASON CONDUCTED BY NICOLA LUISOTTI. THE SAN FRANCISCO OPERA RETURNED TO AT&T PARK FOR THE COMPANY'S ANNUAL OPERA IN THE BALLPARK LIVE HD SIMULCAST OF "LA TRAVIATA" OVER THE JULY 4 HOLIDAY WEEKEND. THE OPERA ALSO PUT ON WORKSHOPS AND SPECIAL PRESENTATIONS FOR BAY AREA STUDENTS, TEACHERS, FAMILIES, AND ADULTS. IN ADDITION, THE OPERA HELD A FREE COMMUNITY OPEN HOUSE IN THE FALL OF 2013 OFFERING A CLOSE LOOK AT BEHIND-THE-SCENES ACTIVITIES, A WORKING ORCHESTRA AND CHORUS REHEARSAL, COSTUME EXHIBITION, AND MUSICAL EXCERPTS PERFORMED LIVE BY THE ADLER FELLOWS. 3635906 228705 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. SAN FRANCISCO OPERA RETURNED TO PBS FOR THE FIRST TIME SINCE 2002 AS JAKE HEGGIE'S "MOBY-DICK" AIRED ON GREAT PERFORMANCES. THE COMPANY ALSO PRODUCED ITS FIRST TITLES FOR HOME VIDEO IN OVER TWO DECADES, RELEASING "MOBY-DICK," "LUCREZIA BORGIA," AND "PORGY AND BESS" ON DVD AND BLU-RAY IN PARTNERSHIP WITH EUROARTS MUSIC INTERNATIONAL AND NAXOS OF AMERICA, AND AIRING THESE TITLES INTERNATIONALLY IN OVER A DOZEN COUNTRIES. CLASSICAL RADIO STATION KDFC IN SAN FRANCISCO BROADCASTS THE COMPANY'S FULL SEASON TO AN AUDIENCE OF APPROXIMATELY 25,000 LISTENERS PER TITLE, WITH REBROADCASTS IN HONG KONG, SHANGHAI, AND VIA THE WFMT RADIO NETWORK TO A NATIONAL AND INTERNATIONAL AUDIENCE OF UP TO 1.5 MILLION. CONTINUING A PARTNERSHIP STARTED IN 2010, KQED PUBLIC TELEVISION BROADCAST A SERIES OF FOUR TITLES: "PORGY AND BESS," "AIDA," "BORIS GODUNOV," AND "LUCREZIA BORGIA." THESE TITLES WERE ALSO RELEASED AS THE COMPANY'S FOURTH GRAND OPERA CINEMA SERIES AND PRESENTED IN MOVIE THEATERS AND PERFORMING ARTS VENUES THROUGHOUT THE WESTERN UNITED STATES. SAN FRANCISCO OPERA TRANSMITTED TWO LIVE SIMULCASTS: VERDI'S "LA TRAVIATA" TO AN AUDIENCE OF APPROXIMATELY 26,000 AT AT&T PARK IN PARTNERSHIP WITH THE SAN FRANCISCO GIANTS, AND VERDI'S "FALSTAFF" TO STANFORD UNIVERSITY'S FROST AMPHITHEATER. ADDITIONALLY THE COMPANY PRESENTED ITS FIRST EVER LIVE CINEMA TRANSMISSION, STREAMING BOITO'S "MEFISTOFELE" TO MORE THAN 100 THEATRES IN 15 EUROPEAN COUNTRIES. SHORT FORMAT WEB VIDEOS WERE VIEWED ON THE COMPANY'S YOUTUBE PAGE OVER 130,000 TIMES DURING THE LAST YEAR ALONE, BRINGING THE TOTAL VIEWS AS OF JULY 31, 2014 TO OVER 650,000. 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. 2856511 1770071 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 WERE FEATURED IN THE SCHWABACHER RECITAL DEBUT SERIES. THE ADLER SEASON CULMINATES IN AN ADLER FELLOWS CONCERT. ALUMNI FROM THE ADLER PROGRAM INCLUDE; SOPRANOS LAURA CLAYCOMB, NICOLLE FOLAND, NANCY GUSTAFSON, MARY MILLS, PATRICIA RACETTE, RUTH ANN SWENSON, AND DEBORAH VOIGT; MEZZO-SOPRANOS ZHENG CAO AND DOLORA ZAJICK; COUNTERTENOR BRIAN ASAWA; BARITONES MARK DELAVAN AND DAVID OKERLUND; 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. 56411499 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 375 0 1 1088 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 78 77 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA MA NY OR UT WA X MICHAEL SIMPSON 4155653295 301 VAN NESS AVENUE SAN FRANCISCO CA 941024509 GREER M ARTHUR DIRECTOR (8/1/13-3/1/14) 1.00 X 0 0 0 ANDREW J BALL DIRECTOR (8/1/13-5/1/14) 1.00 X 0 0 0 DAWN YATES BLACK DIRECTOR 1.00 X 0 0 0 DONNA L BLACKER DIRECTOR & MEROLA OPERA PROGRAM PRESIDENT 1.00 X 0 0 0 TIMOTHY BLACKBURN DIRECTOR 1.00 X 0 0 0 CAROL FRANC BUCK DIRECTOR 1.00 X 0 0 0 JACK CALHOUN DIRECTOR 1.00 X 0 0 0 ANNETTE CAMPBELL-WHITE DIRECTOR 1.00 X 0 0 0 RONALD E CAPE PHD DIRECTOR 1.00 X 0 0 0 JANET CHAPMAN DIRECTOR 1.00 X 0 0 0 ROBERT D CORY DIRECTOR 1.00 X 0 0 0 WILLIAM M COUGHRAN JR DIRECTOR 1.00 X 0 0 0 JOHN CULLISON DIRECTOR 1.00 X 0 0 0 MRS PETER W JAYNE DAVIS DIRECTOR 1.00 X 0 0 0 IRA D DEARING DIRECTOR 1.00 X 0 0 0 RAY DOLBY DIRECTOR (8/1/13-9/12/13) 1.00 X 0 0 0 CAROL PUCCI DOLL DIRECTOR 1.00 X 0 0 0 ROBERT A ELLIS DIRECTOR 1.00 X 0 0 0 CONCEPCION FEDERMAN DIRECTOR 1.00 X 0 0 0 PETER FENTON DIRECTOR 1.00 X 0 0 0 KRISTINA JOHNSON FLANAGAN DIRECTOR 1.00 X 0 0 0 LISA STEVENS GALLO DIRECTOR 1.00 X 0 0 0 LAUREN GROFF DIRECTOR & BRAVO! PRESIDENT 1.00 X 0 0 0 LOUISE GUND DIRECTOR 1.00 X 0 0 0 JANE M HARTLEY DIRECTOR 1.00 X 0 0 0 I CRAIG HENDERSON MD DIRECTOR 1.00 X 0 0 0 JOHN HENDRICKSON DIRECTOR 1.00 X 0 0 0 DORREEN WOO HO DIRECTOR 1.00 X 0 0 0 BRUCE W HYMAN DIRECTOR 1.00 X 0 0 0 J BURGESS JAMIESON DIRECTOR 1.00 X 0 0 0 DOROTHY M JEFFRIES DIRECTOR 1.00 X 0 0 0 PHILIP M JELLEY DIRECTOR 1.00 X 0 0 0 STEPHEN KAHNG DIRECTOR 1.00 X 0 0 0 JOSEPH D KEEGAN PHD DIRECTOR 1.00 X 0 0 0 LAWRENCE A KERN DIRECTOR 1.00 X 0 0 0 MARK R KROLL DIRECTOR 1.00 X 0 0 0 KAREN J KUBIN DIRECTOR & GUILD PRESIDENT 1.00 X 0 0 0 PHIL LIBIN DIRECTOR 1.00 X 0 0 0 SYLVIA R LINDSEY DIRECTOR 1.00 X 0 0 0 LORRY I LOKEY DIRECTOR 1.00 X 0 0 0 J PATTERSON MCBAINE DIRECTOR 1.00 X 0 0 0 ANNE G MCWILLIAMS DIRECTOR 1.00 X 0 0 0 MRS MARK A TERESA MEDEARIS DIRECTOR 1.00 X 0 0 0 NANCY S MUELLER DIRECTOR 1.00 X 0 0 0 BEN NELSON DIRECTOR 1.00 X 0 0 0 J BOYCE NUTE DIRECTOR 1.00 X 0 0 0 MASASHI OKA DIRECTOR 1.00 X 0 0 0 HIROMITSU OGAWA DIRECTOR 1.00 X 0 0 0 BERNARD OSHER DIRECTOR 1.00 X 0 0 0 GIL PENCHINA DIRECTOR 1.00 X 0 0 0 MARY A POWELL DIRECTOR 1.00 X 0 0 0 HARRIET MEYER QUARRE DIRECTOR 1.00 X 0 0 0 KARTHIK RAU DIRECTOR 1.00 X 0 0 0 RANDALL REYNOSO DIRECTOR 1.00 X 0 0 0 KAREN RICHARDSON DIRECTOR 1.00 X 0 0 0 RICHARD J RIGG PHD DIRECTOR 1.00 X 0 0 0 BARCLAY ROGERS DIRECTOR (8/1/13-12/1/13) 1.00 X 0 0 0 CP RUSSELL DIRECTOR 1.00 X 0 0 0 BILL RUSSELL-SHAPIRO DIRECTOR 1.00 X 0 0 0 JACK SCHAFER DIRECTOR 1.00 X 0 0 0 RUTH A SHORT DIRECTOR 1.00 X 0 0 0 MRS GEORGE P CHARLOTTE SCHULTZ DIRECTOR 1.00 X 0 0 0 VIVIAN M STEPHENSON DIRECTOR 1.00 X 0 0 0 MRS TAD DIANNE TAUBE DIRECTOR 1.00 X 0 0 0 MRS DAVID T JOAN TRAITEL DIRECTOR 1.00 X 0 0 0 SOO VENKATESAN DIRECTOR 1.00 X 0 0 0 MRS ALFRED S DIANNE WILSEY DIRECTOR 1.00 X 0 0 0 SHARON WINSLOW 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 MELINDA YEE-FRANKLIN DIRECTOR 1.00 X 0 0 0 S SHARIQ YOSUFZAI DIRECTOR 1.00 X 0 0 0 JOHN A GUNN OFFICER OF THE BOARD-CHAIR 5.00 X X 0 0 0 FRANKLIN P JOHNSON JR OFFICER OF THE BOARD-CHAIRMAN EMERITUS 5.00 X X 0 0 0 GEORGE H HUME 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 KEITH B GEESLIN OFFICER OF THE ASSN-PRESIDENT 5.00 X X 0 0 0 PAUL M CRANE DORFMAN OFFICER OF THE ASSN-EX VP 5.00 X X 0 0 0 LISA ERDBERG OFFICER OF THE ASSN-VICE PRESIDENT 5.00 X X 0 0 0 THOMAS A LARSEN OFFICER OF THE ASSN-SECRETARY 5.00 X X 0 0 0 STEVEN MENZIES OFFICER OF THE ASSN-TREASURER 5.00 X X 0 0 0 GOCKLEY DAVID R OFFICER OF THE ASSN-GEN DIR & CEO 60.00 X X 768224 0 187027 SIMPSON MICHAEL T W OFFICER OF THE ASSN-CFO 60.00 X 230890 0 23369 REID W DENNIS OFFICER OF THE ASSN-CHAIRMAN EMERITUS 5.00 X 0 0 0 LYNCH JENNIFER DIRECTOR OF DEVELOPMENT 60.00 X 271312 0 15920 SHILVOCK MATTHEW ASST GENERAL DIRECTOR 60.00 X 225114 0 29587 WEBER GREGORY P DIRECTOR OF PRODUCTION 60.00 X 224317 0 26198 LAZER MARCIA DIRECTOR OF MARKETING 60.00 X 170410 0 18187 LUISOTTI NICOLA MUSIC DIRECTOR & PRINCIPAL CONDUCTOR 60.00 X 542096 0 25903 HARRISON LORI MASTER OF PROPERTIES 60.00 X 192549 0 45162 MITCHELL DOUGLAS R MASTER AUDIO/VIDEO ENGINEER 60.00 X 221854 0 52351 URBAN MARK A MASTER CARPENTER 60.00 X 191466 0 45057 PARSONS LEON MASTER ELECTRICIAN 60.00 X 188956 0 44456 3227188 0 513217 67 0 1 0 MARK CAVAGNERO ASSOCIATES 1045 SANSOME STREET SUITE 200 SAN FRANCISCO CA 94111 CONSULTING 561540 PALISADES MEDIA GROUP INC 1620 26TH STREET 2050N SANTA MONICA CA 90404 MARKETING 530973 FIRST CLASS PLUS 1750 CESAR CHAVEZ STREET UNIT E SAN FRANCISCO CA 94124 MAILING CENTER 440045 DCM TELEMARKETING 45 MAIN STREET STE 816 BROOKLYN NY 11201 PROFESSIONAL SERVICES 433514 SERVICE WEST INC PO BOX 740156 LOS ANGELES CA 90074 MOVING & STORAGE 310785 16 26183 703714 746542 39608717 14767395 41085156 TICKET SALES 900099 22674340 22674340 OTHER PROGRAM SERVICE REVENUE 900099 1964643 1964643 SF OPERA CENTER 900099 1770071 1770071 MEDIA 900099 228705 228705 26637759 2682950 2682950 54889 585951 0 178018 54889 407933 462822 407933 54889 55981332 51076306 4905026 4905026 4905026 17600 26183 80312 -62712 -62712 200002 118058 81944 81944 PARKING FEES 812930 90822 90822 UBI LOSS FROM PARTNERS 900099 -75267 -75267 15555 75808500 27045692 -75267 7752919 1840595 647090 852771 340734 40249450 35047654 3031729 2170067 3159552 2886920 155391 117241 7196375 6590206 370002 236167 2922077 2451588 288346 182143 189277 130371 49151 9755 196704 196704 299018 299018 535184 535184 1574646 618501 855728 100417 1865195 36022 1829173 1804165 240593 1333044 230528 256838 256838 439837 439837 2090017 805400 1121918 162699 1556306 1472731 20996 62579 24267 781 23486 5788 5788 1827303 1207500 619803 474471 34841 439630 PRODUCTION MATERIALS 2567498 2490232 77266 MARKETING/PROMOTION 1151636 88826 387454 675356 STORAGE & MOVING 522407 510939 11468 BAD DEBT EXPENSE 230788 1035 229753 945609 711467 128241 105901 73925003 56411499 12591146 4922358 1256676 -471648 32486614 30745082 31181324 18125957 769099 579826 100513 118686 195665 294774 30584532 21216018 9915246 9368514 85696999 122848842 37610860 29544993 10935705 11961649 210148701 223116675 4281418 5207916 12892893 14392425 5154033 6508606 22328344 26108947 X -1623559 135385 48710996 53788862 140732920 143083481 187820357 197007728 210148701 223116675 X 1883497 7537750 -233876 X X 0 1 X 1 0 X 49210837 33217702 38038251 40106664 41085156 201658610 49210837 33217702 38038251 40106664 41085156 201658610 50008567 151650043 2296619 2630415 2180296 2565907 3326590 12999827 12384 12384 214670821 122689860 0.70640 0.70580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 161395094 3021645 14066571 9779279 168704031 154305171 6095205 13332310 12337592 161395094 157226551 5227508 -1153699 6995189 154305171 153328440 5020982 17145190 18268061 157226551 141105620 6085756 11942099 5805035 153328440 0.04040 0.84810 0.11150 1 0 2114665 2114665 6271865 5377105 894760 20350055 14729465 5620590 1847947 1109448 738499 9368514 LIMITED PS - EQUITIES 17749296 F LIMITED PS - REAL ESTATE 4630396 F LIMITED PS - INFLATION HEDGE 1577098 F LIMITED PS - PRIVATE EQUITY 5176559 F LIMITED PS - HEDGE FUNDS 4588 F 250 POST STREET 407056 C 29544993 DEFERRED PRODUCTION COSTS 5391693 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 3071637 ASSETS OF POOLED INCOME FUNDS 949093 RENTAL DEPOSITS 57480 CONSTRUCTION IN PROGRESS 2491746 11961649 CAPITAL LEASE OBLIGATIONS - ST 102376 CAPITAL LEASE OBLIGATIONS - LT 26014 DEFFERED REVENUE - POOLED INCOME FUNDS 221352 SHORT TERM COMPENSATION AND OTHER 548786 LONG TERM COMPENSATION AND OTHER 3984978 REFUNDABLE ADVANCES 1625100 6508606 X 83427666 7537750 189461 7727211 75700455 535185 -427140 108045 75808500 74240295 189461 661016 850477 73389818 535185 535185 73925003 PART V, LINE 4: THE ENDOWMENT IS COMPOSED OF SEVERAL FUNDS SET ASIDE FOR DONOR DIRECTED PURPOSES INCLUDING OPERATIONS, OPERA HOUSE MAINTENANCE, TICKETS FOR 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 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 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -80,312. INVENTORY SALES RETURNS, ALLOWANCES & COSTS -168,810. RENTAL EXPENSES -178,018. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 80,312. RENTAL EXPENSES 178,018. INVENTORY SALES RETURNS, ALLOWANCES & COSTS 168,810. DONATED PROPERTY--EXPENSED OVER USEFUL LIFE 233,876. CAYMAN ISLANDS 0 0 PASSIVE INVESTMENT 4504634 0 0 0 0 0 0 4504634 0 4504634 1 0 1 0 1 0 X X X X X X X 1 SD&A TELESERVICES 5757 WEST CENTURY BLVD STE 300 LOS ANGELES CA 90045 ANNUAL GIVING 0 593800 247535 346265 DCM TELEMARKETING 330 WEST 38TH STREET STE 207 NEW YORK NY 10018 ANNUAL GIVING 0 116827 29705 87122 GREGORY LASSONDE PO BOX 27427 OAKLAND CA 94602 PLANNED GIVING 0 0 15000 -15000 710627 292240 418387 AZ CA MA NY OR UT WA BRAVO GALA 43783 26183 17600 338 45443 2000 32531 43783 26183 17600 338 45443 2000 32531 80312 -62712 X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 GOCKLEY DAVID R OFFICER OF THE ASSN-GEN DIR & CEO 409002 0 332850 0 26372 0 174600 0 12427 0 955251 0 207750 0 SIMPSON MICHAEL T W OFFICER OF THE ASSN-CFO 192890 0 15000 0 23000 0 13273 0 10096 0 254259 0 0 0 LYNCH JENNIFER DIRECTOR OF DEVELOPMENT 243812 0 10000 0 17500 0 15083 0 837 0 287232 0 0 0 SHILVOCK MATTHEW ASST GENERAL DIRECTOR 182614 0 25000 0 17500 0 10530 0 19057 0 254701 0 0 0 WEBER GREGORY P DIRECTOR OF PRODUCTION 191817 0 15000 0 17500 0 12636 0 13562 0 250515 0 0 0 LAZER MARCIA DIRECTOR OF MARKETING 147410 0 0 0 23000 0 12204 0 5983 0 188597 0 0 0 LUISOTTI NICOLA MUSIC DIRECTOR & PRINCIPAL CONDUCTOR 541714 0 0 0 382 0 10025 0 15878 0 567999 0 0 0 HARRISON LORI MASTER OF PROPERTIES 192549 0 0 0 0 0 17877 0 27285 0 237711 0 0 0 MITCHELL DOUGLAS R MASTER AUDIO/VIDEO ENGINEER 211895 0 0 0 9959 0 20722 0 31629 0 274205 0 0 0 URBAN MARK A MASTER CARPENTER 173966 0 0 0 17500 0 17835 0 27222 0 236523 0 0 0 PARSONS LEON MASTER ELECTRICIAN 171456 0 0 0 17500 0 17597 0 26859 0 233412 0 0 0 SCHEDULE J, PART I DAVID GOCKLEY, EXECUTIVE DIRECTOR AND CEO, RECEIVES COMPENSATION FOR A HEALTH AND SOCIAL MEMBERSHIP AT AN ANNUAL COST OF $2,364. NICOLA LUISOTTI, MUSIC DIRECTOR AND PRINCIPAL CONDUCTOR, RECEIVES REIMBURSEMENT FOR TWO SPOUSAL TRANSATLANTIC AIR FARES PER YEAR. DURING 2013, TWO FARES WERE REQUIRED AT A COST OF $9,560. CELL PHONES PROVIDED TO EMPLOYEES PRIMARILY FOR BUSINESS PURPOSES ARE A WORKING CONDITION FRINGE AND NOT REPORTABLE AS COMPENSATION. MARY POWELL DIRECTOR 35969 MARY POWELL HAS A FAMILY RELATIONSHIP WITH A COMPANY THAT PROVIDES FLORAL SERVICES TO THE OPERA. 0 STEVEN MENZIES DIRECTOR 983555 STEVEN MENZIES IS A PRINCIPAL, OFFICER, AND DIRECTOR OF APPLIED UNDERWRITERS, INC. OF WHICH THE OPERA OBTAINS WORKERS' COMPENSATION INSURANCE. MR. MENZIES RECUSES HIMSELF FROM THE OPERA'S DECISION TO ENGAGE APPLIED UNDERWRITERS, INC. AND RECUSES HIMSELF FROM THE UNDERWRITING OF THE OPERA AT APPLIED UNDERWRITERS, INC. 0 X 150 13965991 FMV AT DATE OF GIFT X 4 551986 FMV AT DATE OF GIFT X FOOD/BEVERAGE 12 154616 FMV AT DATE OF GIFT X MISC 9 92302 FMV AT DATE OF GIFT X MEDIA 1 2500 FMV AT DATE OF GIFT 0 1 1 PART I, LINE 32B: SCHEDULE M, PART I, COLUMN (B) 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. SCHEDULE M, LINE 32(B): DURING THE COURSE OF SOLICITATION, (SEE SCHEDULE G), SECURITIES MAY BE DONATED IN LIEU OF CASH CONTRIBUTIONS. 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 BUSINESS RELATIONSHIP WITH THOMAS A. LARSEN, OFFICER AND SECRETARY. 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. KARL MILLS, OFFICER AND VICE-CHAIR, HAS A BUSINESS RELATIONSHIP WITH VARIOUS DIRECTORS, VIA AN INVESTMENT ADVISORY FIRM AND ONE DIRECTOR IS A SHAREHOLDER. WILLIAM M. COUGHRAN, JR., DIRECTOR, HAS A BUSINESS RELATIONSHIP WITH KEITH GEESLIN, OFFICER AND PRESIDENT. KAREN RICHARDSON, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH KARL MILLS, OFFICER AND VICE-CHAIR. FORM 990, PART VI, SECTION B, LINE 11 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 THE FORM 990 IS SENT TO ALL BOARD 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 ANNUALLY THE CONFLICT OF INTEREST POLICY. 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 THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY THE COMPENSATION COMMITTEE. THE COMMITTEE IS COMPOSED ENTIRELY OF INDEPENDENT INDIVUDUALS, AND COMPARABILITY 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 GUIDESTAR AND THE OPERA'S WEBSITE WHICH IS WWW.SFOPERA.COM. THEY ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: DONATED PROPERTY -EXPENSED OVER USEFUL LIFE -233,876. 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.