2012-04-20T12:48:18-05:00 2011-09-30 KARLSSON & LANE AN ACCOUNTANCY CORP 4725 FIRST ST STE 226 PLEASANTON CA 94566 990 2010-10-01 946084831 MEROLA OPERA PROGRAM MERO 4155656427 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 DONNA L BLACKER 4155656427 2012-04-17 1 PENNY L LANE CPA 9252715519 2010 2016-02-24 21:20:13Z DONNA L BLACKER 301 VAN NESS AVE SAN FRANCISCO CA 94102 6134659 0 X WWW.MEROLA.ORG X 1957 CA THE MISSION OF THE MEROLA OPERA PROGRAM IS THE CONTINUING EDUCATION AND PROFESSIONAL TRAINING OF THE FINEST YOUNG OPERATIC TALENT AND THE DEVELOPMENT OF THIS TALENT INTO PROFESSIONAL OPERA SINGERS, COACHES, CONDUCTORS AND DIRECTORS OF THE HIGHEST ARTISTIC CALIBER. 39 39 5 40 0 0 1282009 4694611 119260 145727 962698 1104542 80123 123726 2444090 6068606 96475 94372 0 0 366619 368246 0 0 220883 1424488 1721985 1887582 2184603 556508 3884003 19513581 22027074 40302 21683 19473279 22005391 X THE MISSION OF THE MEROLA OPERA PROGRAM IS THE CONTINUING EDUCATION AND PROFESSIONAL TRAINING OF THE FINEST YOUNG OPERATIC TALENT AND THE DEVELOPMENT OF THIS TALENT INTO PROFESSIONAL OPERA SINGERS, COACHES, CONDUCTORS AND DIRECTORS OF THE HIGHEST ARTISTIC CALIBER. 0 0 1559696 EACH YEAR, MORE THAN 800 ARTISTS BETWEEN THE AGES OF 20 AND 34 AUDITION AT SITES ACROSS THE COUNTRY AND FEWER THAN 30 ARE CHOSEN, MAKING IT AN HONOR TO BE ACCEPTED INTO THE MEROLA OPERA PROGRAM. MEROLA PARTICIPANTS RECEIVE INTENSIVE TRAINING FOR 10-WEEKS.RECENTLY ADDED TO THE PROGRAM, A FIFTH APPRENTICE COACH JOINED THE ROSTER AND ALL FIVE OF THE COACHES HAVE BEEN INVITED TO SAN FRANCISCO EARLY FOR AN ELEVENTH WEEK OF TRAINING DESIGNED TO ENRICH THEIR MEROLA EXPERIENCE.THE PROGRAM INCLUDES: MUSICAL STYLE AND INTERPRETATION STAGE TECHNIQUE ENSEMBLE WORK MOVEMENT ACCOMPANIMENT MAKEUP ACTING FENCING CONDUCTING ROLE COACHING PROMPTING LANGUAGES AND DICTIONA TRUE HIGHLIGHT OF THE PROGRAM IS THE OFFERING OF MASTER CLASSES, WHERE SOME OF OPERA'S MOST EXCITING LEGENDS TRANSFER THEIR KNOWLEDGE TO THE NEXT GENERATION OF OPERA ARTISTS. PARTICIPANTS HAVE SEVERAL CHANCES TO DEMONSTRATE THEIR ARTISTIC GROWTH AS THEY PERFORM TWO FULLY-STAGED OPERAS DURING THE SUMMER, A SCENES CONCERT AT THE YERBA BUENA GARDENS (FREE), AND THE HERBST THEATER (TICKETED), AND THE FAMED MEROLA GRAND FINALE AT THE WAR MEMORIAL OPERA HOUSE. THE PROGRAM IS OFFERED FREE OF FINANCIAL BURDEN TO THE ARTISTS, INCLUDING THEIR TRANSPORTATION, HOUSING, ALL TRAINING, AND A WEEKLY STIPEND. TO ACCOMPLISH THIS GOAL, THE PROGRAM RELIES ON THE SUPPORT OF COUNTLESS INDIVIDUALS, FOUNDATIONS AND OTHER GRANTING ENTITIES. MEROLA ARTISTS COMPLETE THE PROGRAM WITH A CLEAR IDEA OF WHAT THEIR NEXT STEPS WILL BE MUSICALLY, ARTISTICALLY AND TECHNICALLY AS THEY PURSUE THEIR CAREERS IN OPERA. SOME STUDENTS PARTICIPATE IN THE PROGRAM FOR A SECOND SUMMER AND A SELECT FEW GO ON TO BECOME ADLER FELLOWS WITH THE SAN FRANCISCO OPERA. 1559696 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 62 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 X 39 39 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X CHRISTINE FRANK 4155653242 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 X JAYNE DAVIS 15.00 X X 0 0 0 PATRICK WILKEN 20.00 X X 0 0 0 DAVID S HUGLE 20.00 X X 0 0 0 TRACY GRANT 2.00 X 0 0 0 BLANCHE GERMAIN STREETER 5.00 X X 0 0 0 DONNA L BLACKER 5.00 X X 0 0 0 MARY SUE BIZZARRI 2.00 X 0 0 0 BARBARA BRUSER CLARK 2.00 X 0 0 0 CARLYN CLAUSE 5.00 X X 0 0 0 THE HON MARIE COLLINS 5.00 X X 0 0 0 DR LISA DANZIG 2.00 X 0 0 0 ROBERT L DUNN 2.00 X 0 0 0 EDWARD N ESCHBACH 2.00 X 0 0 0 SUSAN HONE 2.00 X 0 0 0 DANA TURKINGTON HORNER 2.00 X 0 0 0 DR JOHN LAVORGNA 2.00 X 0 0 0 SYLVIA R LINDSEY 2.00 X 0 0 0 JOHN W LINDSTROM 2.00 X 0 0 0 LINDSAY MACDERMID 2.00 X 0 0 0 DR MYRON MARX 2.00 X 0 0 0 STANLEY MICHAEL III 2.00 X 0 0 0 ROBERT B MISON 2.00 X 0 0 0 ANNA B POPE 2.00 X 0 0 0 DR PAMELA ZELL RIGG 2.00 X 0 0 0 MARY STEVENS RILEY 0.00 X 0 0 0 DALE ROBARDS 2.00 X 0 0 0 JULIETTE ROBBINS 2.00 X 0 0 0 NATALIE O SHUTTLEWORTH 2.00 X 0 0 0 DR DAVID D STEIN 2.00 X 0 0 0 DR CONRAD W SWEETING 2.00 X 0 0 0 ANITA WEISSBERG 2.00 X 0 0 0 LONNY DARWIN 0.00 X 0 0 0 PEGGY DENNIS 0.00 X 0 0 0 A BARLOW FERGUSON 0.00 X 0 0 0 HARRIET MEYER QUARRE 0.00 X 0 0 0 GERALD B ROSENSTEIN 0.00 X 0 0 0 DR JOAN B KELLY 2.00 X 0 0 0 THOMAS MORTON 2.00 X 0 0 0 RUSTY ROLLAND 2.00 X 0 0 0 ROBERT B JACOBY 2.00 X 0 0 0 JANE BURKHARD 2.00 X 0 0 0 MICHAEL COLBRUNO 2.00 X 0 0 0 HUGH COUGHLIN 2.00 X 0 0 0 DG MITCHELL 2.00 X 0 0 0 JAMES A NOE III 2.00 X 0 0 0 0 0 0 0 0 0 0 SAN FRANCISCO OPERA ASSOCIATION 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 OPERA ARTIST TRAINING&PERFORMANCE 1151683 1 4750 20000 4669861 241591 4694611 PERFORMANCE REVENUES 711190 145727 145727 145727 580890 580890 523652 523652 523652 523652 189779 4750 66053 123726 123726 6068606 669379 0 704616 82354 82354 12018 12018 300902 83681 101795 115426 17028 4735 5761 6532 23857 6633 8078 9146 26459 7358 8951 10150 18545 18545 130735 130735 44090 41220 2870 17580 731 16849 11884 11884 15548 4920 10628 2636 2636 CONTRACTED ARTIST DEVEL 1290198 1290198 CONTRACTED OVERHEAD 44500 44500 PERFORMANCES AND PRODUC 37264 37264 CONTRACTED AUDITIONING 28567 28567 HOSPITALITY 25016 1322 23694 55422 6888 22946 25588 2184603 1559696 404024 220883 3866 6688 1575459 1512345 41614 3519617 24341 22411 10382 12138 41432 34921 9147 6511 17544515 16650919 304257 296445 19513581 22027074 40302 21683 40302 21683 X 8427586 7983579 816446 2936216 10229247 11085596 19473279 22005391 19513581 22027074 X 3884003 -1351891 X 0 1 1 X 0 X 1416355 1585841 1900617 1282009 4694611 10879433 1416355 1585841 1900617 1282009 4694611 10879433 10879433 625527 678558 675278 613391 580890 3173644 230583 230583 14283660 1779432 0.76170 0.70650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17873234 3506165 -155910 94312 675649 20453528 15578613 34463 3043544 92701 690685 17873234 15680854 11400 689057 75254 727444 15578613 0.32000 0.54000 0.14000 0 0 41432 34921 6511 6511 0 6068606 2184603 3884003 -1344079 -7812 -1351891 2532112 4652033 -1344079 -72494 -1416573 6068606 0 6068606 2119921 -64682 -64682 2184603 0 2184603 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: DONOR DESIGNATED FUNDS ARE USED ACCORDING TO THE DONORS' DESIGNATED PURPOSES. THESE AND BOARD DESIGNATED FUNDS ARE USED FOR PURPOSES SUCH AS SPONSORSHIP OF PRODUCTIONS AND ARTISTS AND SUPPORT OF CAREER GRANT PROGRAM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE PROGRAM HAS ADOPTED THE ACCOUNTING GUIDANCE RELATED TO UNCERTAIN TAX POSITIONS, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2007 THROUGH 2010 INFORMATION RETURNS ARE OPEN AND SUBJECT TO EXAMINATION. IN MANAGEMENT'S JUDGMENT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ASSETS HELD IN REMAINDER TRUSTS -7,812. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 66,053. CHANGE IN VALUE OF ASSETS HELD IN REMAINDER TRUSTS -7,812. INVESTMENT FEES -130,735. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 66,053. INVESTMENT FEES -130,735. 1 EAST ASIA & THE PACIFIC 0 0 CAREER GRANTS 3819 EUROPE 0 0 CAREER GRANTS 7649 NORTH AMERICA 0 0 CAREER GRANTS 550 0 0 0 12018 0 12018 CAREER GRANTS EAST ASIA & THE PACIFIC 2 3819 CHECKS CAREER GRANTS EUROPE 4 7649 CHECKS CAREER GRANTS NORTH AMERICA 1 550 CHECKS 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE ORGANIZATION AWARDS CAREER GRANTS TO FURTHER THE OPERA CAREERS OF ALUMNI WHO APPLY WITHIN FIVE YEARS OF THEIR PARTICIPATION IN THE PROGRAM. IN ORDER TO REMAIN ELIGIBLE, GRANTEES MUST TIMELY RETURN A CAREER GRANT USAGE REPORT ALONG WITH APPLICABLE EXPENSE RECEIPTS/INVOICES. THOSE FAILING TO FOLLOW THIS PROCEDURE ARE NO LONGER ELIGIBLE FOR ADDITIONAL GRANTS. X X X X X X X 0 ANNUAL BENEFIT GALA 182931 4750 178181 66053 11598 11598 194529 4750 189779 66053 66053 123726 1 CAREER GRANT 47 82354 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION AWARDS CAREER GRANTS TO FURTHER THE OPERA CAREERS OF ALUMNI WHO APPLY WITHIN FIVE YEARS OF THEIR PARTICIPATION IN THE PROGRAM. IN ORDER TO REMAIN ELIGIBLE, GRANTEES MUST TIMELY RETURN A CAREER GRANT USAGE REPORT ALONG WITH APPLICABLE EXPENSE RECEIPTS/INVOICES. THOSE FAILING TO FOLLOW THIS PROCEDURE ARE NO LONGER ELIGIBLE FOR ADDITIONAL GRANTS. JAYNE DAVIS CHAIRMAN JAYNE DAVIS IS A BOARD MEMBER OF SAN FRANCISCO OPERA ASSOCIATION (SFOA). SFOA PROVIDED CONTRACTED SERVICES OF $1,151,683 TO THE ORGANIZATION DURING THE YEAR ENDED SEPTEMBER 30, 2011. 0 SYLVIA R LINDSEY BOARD MEMBER SYLVIA R LINDSEY IS A BOARD MEMBER OF SAN FRANCISCO OPERA ASSOCIATION (SFOA). SFOA PROVIDED CONTRACTED SERVICES OF $1,151,683 TO THE ORGANIZATION DURING THE YEAR ENDED SEPTEMBER 30, 2011. 0 PATRICK C WILKEN PRESIDENT PATRICK C WILKEN IS AN EX-OFFICIO BOARD MEMBER OF SAN FRANCISCO OPERA ASSOCIATION (SFOA). SFOA PROVIDED CONTRACTED SERVICES OF $1,151,683 TO THE ORGANIZATION DURING THE YEAR ENDED SEPTEMBER 30, 2011. 0 BARBARA BRUSER BOARD MEMBER BARBARA BRUSER IS A CURRENTLY EMPLOYED BY FIRST REPUBLIC INVESTMENT MANAGEMENT, A SUBSIDIARY OF FIRST REPUBLIC BANK. THE ORGANIZATION HAS DEPOSITORY ACCOUNTS WITH FIRST REPUBLIC BANK. 0 PAMELA Z RIGG BOARD MEMBER PAMELA Z RIGG'S HUSBAND RICHARD RIGG IS A BOARD MEMBER OF SAN FRANCISCO OPERA ASSOCIATION (SFOA). SFOA PROVIDED CONTRACTED SERVICES OF $1,151,683 TO THE ORGANIZATION DURING THE YEAR ENDED SEPTEMBER 30, 2011. 0 X 8 21351 FAIR MARKET VALUE X WINE & OTHERS 6 8658 FAIR MARKET VALUE X PRODUCTION COSTS 17 211582 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS VOTING MEMBERS, THOSE THAT CONTRIBUTE IN EXCESS OF A CERTAIN LEVEL. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS APPROVES THE NOMINATION OF THE NEW BOARD OF DIRECTORS. THE VOTING MEMBERS APPROVE THE ELECTION OF THE NEW BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE VOTING MEMBERS APPROVE CERTAIN CHANGES TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTING FIRM, ALONG WITH THE FINANCIAL ADMINISTRATOR OF MEROLA. IT IS REVIEWED BY THE BOARD LEADERSHIP. FOLLOWING ANY REQUIRED ADJUSTMENTS, THE FORM 990 IS THEN SUBMITTED TO THE AUDIT COMMITTEE FOR ITS REVIEW AND APPROVAL. THE BOARD IS THEN NOTIFIED THAT THE FORM 990 IS AVAILABLE FOR ANY BOARD MEMBER TO OBTAIN A COPY FROM THE FINANCIAL ADMINISTRATOR. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, EMPLOYEES AND ANY BOARD COMMITTEE MEMBERS. DETERMINATIONS OF WHETHER A CONFLICT EXISTS ARE MADE BY THE BOARD OR BOARD COMMITTEE BASED ON DISCUSSION WITH THE INTERESTED PERSON AND OUTSIDE THE PRESENCE OF SUCH PERSON. ACTUAL CONFLICTS ARE ALSO REVIEWED BY THE BOARD OR BOARD COMMITTEE OUTSIDE THE PRESENCE OF SUCH PERSON. FORM 990, PART VI, SECTION B, LINE 15A AN EXECUTIVE DIRECTOR WAS HIRED EFFECTIVE 10/1/11. THE EXECUTIVE DIRECTOR'S COMPENSATION MEETS THE IRS'S DEFINITION OF "FAIR AND REASONABLE" IN THAT IT IS IN PROPORTION TO SIMILAR NONPROFITS FOR THE SAME POSITION AND DUTIES. COMPARISONS WERE MADE WITH THE POOL OF E.D. CANDIDATE'S CURRENT SALARY LEVELS, AS WELL AS COMPARED WITH THE SAN FRANCISCO BAY AREA COMPENSATION LEVELS OF EXECUTIVE DIRECTORS FOR THREE SIMILARLY SIZED NON-PROFIT MUSICAL ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST (EXCEPT FOR INFORMATION WHICH IS CONFIDENTIAL BY LAW). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND BY WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,344,079. CHANGE IN VALUE OF ASSETS HELD IN REMAINDER TRUSTS -7,812. TOTAL TO FORM 990, PART XI, LINE 5: -1,351,891.