2012-06-14T15:23:01-05:00 2011-07-31 ARMANINO MCKENNA LLP 12667 ALCOSTA BLVD SUITE 500 SAN RAMON CA 94583 990 2010-08-01 940836240 SAN FRANCISCO OPERA ASSOCIATION SANF 4155653295 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 DAVID GOCKLEY 4155653295 2012-06-14 1 LYNN HENLEY 9257902600 2010 2016-02-24 21:20:13Z DAVID GOCKLEY 301 VAN NESS AVENUE SAN FRANCISCO CA 94102 101934208 0 X WWW.SFOPERA.COM X 1932 CA THE WORLD-RENOWNED SAN FRANCISCO OPERA, CONSIDERED ONE OF THE MOST IMPORTANT (CONTINUED ON SCH 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. 84 83 1062 813 13384 12384 49210837 33217702 20100847 26116102 1350633 2525951 706019 1088049 71368336 62947804 0 0 0 0 46989902 52682527 449495 335523 4234168 16884039 17764867 64323436 70782917 7044900 -7835113 205071283 211119844 28071374 26592544 176999909 184527300 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 & PROFESSIONAL DEVELOPMENT OF YOUNG ARTISTS AND COMMUNITY EDUCATION. 0 0 48738665 24633817 PRODUCTION AND ARTISTIC - THE OPERA PRESENTED 66 MAINSTAGE PERFORMANCES OF 10 OPERAS OF THE HIGHEST ARTISTIC QUALITY TO MORE THAN 191,000 AUDIENCE MEMBERS DURING THE 2011 SEASON. HIGHLIGHTS OF THE 88TH SEASON INCLUDED THE PRESENTATION OF THREE COMPLETE CYCLES OF WAGNER'S FOUR-OPERA EPIC, DER RING DES NIBELUNGEN. THE NEW PRODUCTION BY FRANCESCA ZAMBELLO AND CONDUCTED BY DEUTSCHE OPER BERLINE MUSIC DIRECTOR DONALD RUNNICLES INCLUDED A RENOWNED CAST OF ARTISTS INCLUDING NINA STEMME, MARK DELAVAN, ANJA KAMPE, JAY HUNTER MORRIS, IAN STOREY, STEFAN MARGITA AND DAVID CANGELOSI. THE SEASON FEATURED VERDI'S AIDA WITH TWO INTERNATIONAL CASTS INCLUDING THE DEBUTS OF SOPRANOS MICAELA CAROSI AND MICHELE CAPALBO; A NEW PRODUCTION OF JULES MASSENET'S WERTHER WITH RAMON VARGAS AND ALICE COOTE; THE COMPANY DEBUTS OF DANIELLE DE NIESE AND ELLIE DEHN IN MOZART'S LE NOZZE DE FIGARO; PUCCINI'S MADAMA BUTTERFLY WITH SVETLA VASSILEVA AND DANIELA DESSI IN THE HAL PRINCE PRODUCTION; THE COMPANY PREMIERE OF FRANCO ALFANO'S CYRANO DE BERGERAC FEATURING PLACIDO DOMINGO AND AINHOA ARTETA; AND A NEW CO-PRODUCTION WITH THE FINNISH NATIONAL OPERA OF LEOS JANACEK'S THE MAKROPULOS CASE STARRING KARITA MATTILA. THE FALL SEASON FEATURED COMPANY MUSIC DIRECTOR NICOLA LUISOTTI, RESIDENT CONDUCTOR GIUSEPPE FINZI WITH CHORUS DIRECTOR, IAN ROBERTSON. THE COMPANY PRESENTED "OPERA IN THE PARK" (GOLDEN GATE PARK) FOR THE 37TH YEAR. APPROXIMATELY 15,000 COMMUNITY MEMBERS ATTENDED THE FREE, FULL-LENGTH CONCERT. ADDITIONAL RECITALS AND CONCERTS WERE OFFERED DURING THE YEAR FEATURING THE ADLER FELLOWS. 3450399 99376 ELECTRONIC MEDIA - THE OBJECTIVE OF THIS INITIATIVE IS TO REACH A NEW AUDIENCE WITH DIGITAL CONTENT VIA RADIO BROADCASTS, SIMULCASTS, WEB VIDEOS, OPERAVISION AND A CINEMA SERIES. CLASSICAL RADIO STATION, KDFC, REBROADCASTS THE OPERA'S FULL SEASON TO AN AUDIENCE OF APPROXIMATELY 25,000 LISTENERS PER TITLE. WFMT REBROADCASTS RADIO PROGRAMS TO A NATIONAL AND INTERNATIONAL AUDIENCE OF APPROXIMATELY 1.5 MILLION.THE "OPERA IN THE BALLPARK" SIMULCAST AT AT&T PARK IN PARTNERSHIP WITH THE SAN FRANCISCO GIANTS FEATURED A FREE LIVE HD SIMULCAST OF VERDI'S AIDA TO AN AUDIENCE OF APPROXIMATELY 32,000. THE GRAND OPERA CINEMA SERIES RELEASED FOUR NEW TITLES TO REGIONAL AND INTERNATIONAL MOVIE THEATERS AND PERFORMING ARTS VENUES INCLUDING PUCCINI'S LA BOHEME AND TOSCA AND DONIZETTI'S LUCIA DI LAMMERMOOR AND ELIXIR OF LOVE. IN AUGUST 2010, THE COMPANY LAUNCHED A PARTNERSHIP WITH KQED PUBLIC TELEVISION TO AIR GRAND OPERAS RECORDED LIVE IN HIGH DEFINITION AT THE OPERA HOUSE. THE KQED TELEVISION SERIES LAUNCHED WITH BROADCASTS OF PUCCINI'S MADAMA BUTTERFLY AND LA RONDINE, MOZART'S DON GIOVANNI AND SAINT-SAENS' SAMSON AND DALILAH. WEB VIDEOS ARE INCLUDED ON THE OPERA'S WEBSITE WHICH INCLUDE OPERA EXCERPTS, INTERVIEWS AND OPERA TALKS. OPERAVISION, OFFERED AT SELECT PERFORMANCES, GIVES BALCONY AUDIENCES A BETTER VIEW OF THE STAGE WITH THE USE OF SCREENS WHICH PROVIDE CLOSEUP AND MID-RANGE ENSEMBLE SHOTS IN HIGH-DEFINITION VIDEO WITH SUPERTITLES. 2130721 1222240 OPERA CENTER (TRAINING AND PROFESSIONAL DEVELOPMENT) - THE OPERA SUPPORTS AN INTERNATIONALLY RECOGNIZED TRAINING AND PROFESSIONAL DEVELOPMENT PROGRAM, THE ADLER FELLOWSHIP PROGRAM. FOUNDED IN 1977 AS THE SAN FRANCISCO AFFILIATE ARTISTS OPERA PROGRAM, ADLER FELLOWSHIPS ARE PERFORMANCE-ORIENTED, TWO-YEAR RESIDENCIES FOR YOUNG ARTISTS OF MAJOR OPERATIC POTENTIAL. ADLER FELLOWSHIPS OFFER UNIQUE OPPORTUNITIES FOR YOUNG ARTISTS TO DEVELOP THEIR SKILLS AND GAIN PERFORMANCE EXPERIENCE WITHIN A MAJOR INTERNATIONAL OPERA COMPANY. THE ADLERS' ACTIVITIES INCLUDED AN ANNUAL ADLER FELLOWS CONCERT AND FOUR SCHWABACHER DEBUT RECITALS.FORMER ADLER FELLOWS INCLUDE SOPRANOS PATRICIA RACETTE, RUTH ANN SWENSON, CAROL VANESS AND DEBORAH VOIGT; MEZZO SOPRANOS ZHENG CAO AND DOLORA ZAJICK; COUNTERTENOR BRIAN ASAWA; BARITONES EUGENE BRANCOVEANU, MARK DELAVAN, LUCAS MEACHEM AND DAVID OKERLUND; AND BASS BARITONES MONTE PEDERSON AND JOHN RELYEA. THIRD-YEAR ADLER FELLOW, LEAH CROCETTO, WAS SELECTED AS THE US REPRESENTATIVE TO THE BBC CARDIFF SINGER OF THE WORLD COMPETITION HELD IN JUNE 2011.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. SAN FRANCISCO OPERA AND THE SAN FRANCISO OPERA GUILD ANNUALLY BRING OPERA AND MUSIC EDUCATION PROGRAMS TO OVER 126,000 STUDENTS AND INDIVIDUALS THROUGHOUT NORTHERN CALIFORNIA. 54319785 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 0 1 250 0 1 1062 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 84 83 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AZ CA MA NY OR WA X MICHAEL SIMPSON 4155653295 301 VAN NESS AVENUE SAN FRANCISCO CA 941024509 GREER M ARTHUR 1.00 X 0 0 0 DAVID BALABANIAN 1.00 X 0 0 0 ANDREW J BALL 1.00 X 0 0 0 DAWN YATES BLACK 1.00 X 0 0 0 ATHENA TROXEL BLACKBURN 1.00 X 0 0 0 ROBERT BLANDING 1.00 X 0 0 0 JOHN M BRYAN 1.00 X 0 0 0 CAROL FRANC BUCK 1.00 X 0 0 0 JACK CALHOUN 1.00 X 0 0 0 ANNETTE CAMPBELL-WHITE 1.00 X 0 0 0 RONALD E CAPE PHD 1.00 X 0 0 0 PETER F CARPENTER 1.00 X 0 0 0 MARIE T CARR 1.00 X 0 0 0 DAVID M CHAMBERLAIN 1.00 X 0 0 0 ROBERT D CORY 1.00 X 0 0 0 JOHN CULLISON 1.00 X 0 0 0 MRS PETER W JAYNE DAVIS 1.00 X 0 0 0 MS IRA D DEARING 1.00 X 0 0 0 RAY DOLBY 1.00 X 0 0 0 CAROL PUCCI DOLL 1.00 X 0 0 0 ROBERT A ELLIS 1.00 X 0 0 0 CONCEPCION FEDERMAN 1.00 X 0 0 0 KRISTINA J FLANAGAN 1.00 X 0 0 0 LISA STEVENS GALLO 1.00 X 0 0 0 KEITH B GEESLIN 1.00 X 0 0 0 ANN O GIRARD 1.00 X 0 0 0 NICHOLAS M GRAVES 1.00 X 0 0 0 MICHAEL A HARRISON 1.00 X 0 0 0 JANE M HARTLEY 1.00 X 0 0 0 I CRAIG HENDERSON MD 1.00 X 0 0 0 JOHN HENDRICKSON 1.00 X 0 0 0 DOREEN WOO HO 1.00 X 0 0 0 BRUCE W HYMAN 1.00 X 0 0 0 J BURGESS JAMIESON 1.00 X 0 0 0 DOROTHY M JEFFRIES 1.00 X 0 0 0 PHILIP M JELLEY 1.00 X 0 0 0 MRS CHARLES B ANN JOHNSON 1.00 X 0 0 0 PETER R JOHNSON 1.00 X 0 0 0 LAWRENCE A KERN 1.00 X 0 0 0 MRS GORHAM B DIANA KNOWLES 1.00 X 0 0 0 NOELLE LECA 1.00 X 0 0 0 SYLVIA R LINDSEY 1.00 X 0 0 0 LORRY I LOKEY 1.00 X 0 0 0 WILLIAM J LOWENBERG 1.00 X 0 0 0 ANGUS A MACNAUGHTON 1.00 X 0 0 0 J PATTERSON MCBAINE 1.00 X 0 0 0 ANNE G MCWILLIAMS 1.00 X 0 0 0 TERESA MEDEARIS 1.00 X 0 0 0 ROSEMARY MOORE 1.00 X 0 0 0 NANCY S MUELLER 1.00 X 0 0 0 BEN NELSON 1.00 X 0 0 0 CAROL P NIE 1.00 X 0 0 0 J BOYCE NUTE 1.00 X 0 0 0 HIROMITSU OGAWA 1.00 X 0 0 0 BERNARD OSHER 1.00 X 0 0 0 HAROLD PARICHAN 1.00 X 0 0 0 GARY PINKUS 1.00 X 0 0 0 JOHN R PITCAIRN 1.00 X 0 0 0 MARY A POWELL 1.00 X 0 0 0 HARRIET MEYER QUARRE 1.00 X 0 0 0 RICHARD J RIGG 1.00 X 0 0 0 DIANE M RUBIN 1.00 X 0 0 0 CP RUSSELL 1.00 X 0 0 0 JACK SCHAFER 1.00 X 0 0 0 BILL RUSSELL-SHAPIRO 1.00 X 0 0 0 RUTH A SHORT 1.00 X 0 0 0 MRS GEORGE P CHARLOTTE SCHULTZ 1.00 X 0 0 0 LIP-BU TAN 1.00 X 0 0 0 MRS TAD DIANNE TAUBE 1.00 X 0 0 0 MRS DAVID T JOAN TRAITEL 1.00 X 0 0 0 SOO VENKATESAN 1.00 X 0 0 0 MRS MARSHALL I LONNA WAIS 1.00 X 0 0 0 PATRICK WILKEN 1.00 X 0 0 0 MRS ALFRED S DIANNE WILSEY 1.00 X 0 0 0 BARBARA A WOLFE 1.00 X 0 0 0 MRS ROY L BARBARA WARD WONDER 1.00 X 0 0 0 S SHARIQ YOSUFZAI 1.00 X 0 0 0 REID W DENNIS 5.00 X X 0 0 0 PAUL CRANE DORFMAN 5.00 X X 0 0 0 LISA ERDBERG 5.00 X X 0 0 0 JOHN A GUNN 5.00 X X 0 0 0 GEORGE H HUME 5.00 X X 0 0 0 FRANKLIN P JOHNSON JR 5.00 X X 0 0 0 THOMAS A LARSEN 5.00 X X 0 0 0 KEVIN MCCABE 5.00 X X 0 0 0 STEVEN MENZIES 5.00 X X 0 0 0 KARL O MILLS 5.00 X X 0 0 0 VIVIAN M STEPHENSON 5.00 X X 0 0 0 DAVID GOCKLEY 60.00 X X 438161 0 21142 MICHAEL SIMPSON 60.00 X 197275 0 12143 DREW LANDMESSER 60.00 X 276256 0 16171 MARCIA LAZER 60.00 X 157073 0 10378 MARY A POWELL 60.00 X 215237 0 21257 JENNIFER LYNCH 60.00 X 168203 0 4556 MATTHEW SHILVOCK 60.00 X 162947 0 13659 NICOLA LUISOTTI 60.00 X 503395 0 18097 JONATHAN PETERSON 60.00 X 186423 0 9350 MARK URBAN 60.00 X 165797 0 35177 LORI HARRISON 60.00 X 162871 0 36125 KAY STERN 60.00 X 161623 0 55186 2795261 0 253241 52 0 1 0 DCM TELEMARKETING 45 MAIN STREET STE 816 BROOKLYN NY 11201 TELEMKT/TELEFUNDER 674230 MARK CAVAGNERO ASSOC 1045 SANSOME ST SUITE 200 SAN FRANCISCO CA 94111 ARCHITECTS 507225 FIRST CLASS PLUS 1750 CESAR CHAVEZ STREET UNIT E SAN FRANCISCO CA 94124 MAILING CENTER 500376 SMYTHE & SON 900 CHESTNUT ST 406 SAN FRANCISCO CA 94109 PRINTING 404637 SERVICE WEST INC 9201 SAN LEANDRO STREET OAKLAND CA 94603 MOVING & STORAGE 387753 16 69027 677453 749114 31722108 7932221 33217702 TICKET SALES 900099 24633817 24633817 SF OPERA CENTER 900099 1222240 1222240 OTHER PROGRAM REVENUE 900099 160669 160669 MEDIA 900099 99376 99376 26116102 1665240 13384 1651856 47045 918130 27438 47045 890692 937737 890692 47045 39509567 38648856 860711 860711 860711 48075 69027 136892 -88817 -88817 271911 173218 98693 98693 PARKING FEES 812930 140436 140436 140436 62947804 27006794 13384 2709924 1831916 600609 784734 446573 38251187 33497744 2977127 1776316 2907343 2647850 172296 87197 6940440 6372485 375952 192003 2751641 2320961 277917 152763 269633 207420 41838 20375 210888 210888 335523 335523 599692 599692 1511907 164945 1268558 78404 1172405 35344 1137061 1897730 138055 1437974 321701 209410 209410 433913 433913 2012129 803454 1063131 145544 1577150 1456083 45292 75775 27659 210 27449 27742 27742 2379852 1856835 523017 406998 32066 374932 PRODUCTION MATERIALS 2848936 2772170 76766 MARKETING/PROMOTION 1049065 41931 439258 567876 OTHER 575415 392272 149025 34118 STORAGE & MOVING 554343 545438 8905 70782917 54319785 12228964 4234168 1139882 1037222 26868133 19535782 40070630 39876486 432099 339202 96401 104294 156278 161540 27714489 15460536 10594719 12253953 60487500 65794108 52286220 61886174 12939421 10131083 205071283 211119844 6100717 6193621 15131437 15404570 6839220 4994353 28071374 26592544 X -12532126 -3698667 47128582 47362667 142403453 140863300 176999909 184527300 205071283 211119844 X -7835113 15362504 X X 0 1 1 X 0 X 71392470 59086793 44650262 49210837 33217702 257558064 71392470 59086793 44650262 49210837 33217702 257558064 73138462 184419602 3406768 3518140 3321534 2296619 2630415 15173476 11526 29933 41763 -9200 12384 86406 272817946 124116526 0.67600 0.70170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 153328440 5020982 17145190 18268061 157226551 141105620 6085756 11942099 5805035 153328440 154781602 10111492 -16999580 6787894 141105620 0.00480 0.99520 1 0 2114665 2114665 6066281 4364114 1702167 17658029 10381875 7276154 1875514 714547 1160967 12253953 LIMITED PARTNERSHIPS-EQUITIES 26387035 F LIMITED PARTNERSHIPS-BONDS 21571736 F LIMITED PARTNERSHIPS-REAL ESTATE 4339135 F LIMITED PARTNERSHIPS-INFLATION HEDGE 586884 F LIMITED PARTNERSHIPS-PRIVATE EQUITY 2611956 F LIMITED PARTNERSHIP-HEDGE FUNDS 5982372 F 250 POST STREET 407056 C 61886174 CAPITAL LEASE OBLIGATIONS - ST 56244 CAPITAL LEASE OBLIGATIONS - LT 82185 DEFERRED REVENUE - POOLED INCOME FUNDS 104999 SHORT TERM COMPENSATION AND OTHER 357732 LONG TERM COMPENSATION AND OTHER 3393193 REFUNDABLE ADVANCES 1000000 4994353 62947804 70782917 -7835113 15523175 -160671 15362504 7527391 78736220 15523175 455999 15979174 62757046 599692 -408934 190758 62947804 71208829 455999 569605 1025604 70183225 599692 599692 70782917 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT IS COMPRISED 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION PURSUANT TO THE 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 EXEMPT PURPOSE. FASB 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 8 - OTHER ADJUSTMENTS: DONATED PROPERTY-EXPENSED OVER USEFUL LIFE -160671. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -136892. INVENTORY SALES RETURNS, ALLOWANCE & COST -244604. RENTAL EXPENSE -27438. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 136892. RENTAL INCOME EXPENSE 27438. INVENTORY SALES RETURN, ALLOWANCE & COST 244604. DONATED PROPERTY-EXPENSED OVER USEFUL LIFE 160671. CAYMAN ISLANDS 0 0 PASSIVE INVESTMENT 14330884 0 0 0 0 0 0 14330884 0 14330884 1 0 1 1 0 0 X X X X X X X 1 SD&A 5757 WEST CENTURY BLVD STE 300 LOS ANGELES CA 90045 ANNUAL GIVING 0 693111 266203 426908 DCM INC 45 MAIN ST STE 816 BROOKLYN NY 11201 ANNUAL GIVING 0 154701 23476 131225 MISSION MINDED 145 MAYWOOD WAY SAN RAFAEL CA 94901 ANNUAL GIVING, ENDOWMENT 0 0 20124 -20124 CD VIDEO 50 WESTMINSTER AVE SANTA ANA CA 92706 ANNUAL GIVING 0 0 12081 -12081 GREG LASSONDE PO BOX 27427 OAKLAND CA 94602 PLANNED GIVING 0 0 8000 -8000 847812 329884 517928 AZ CA MA NY OR WA BRAVO GALA 117102 69027 48075 20834 57676 995 57387 117102 69027 48075 20834 57676 995 57387 136892 -88817 X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 DAVID GOCKLEY 342071 0 72000 0 24090 0 11083 0 10059 0 459303 0 0 0 MICHAEL SIMPSON 185501 0 5000 0 6774 0 5253 0 6890 0 209418 0 0 0 DREW LANDMESSER 245380 0 0 0 30876 0 7805 0 8366 0 292427 0 0 0 MARCIA LAZER 140573 0 0 0 16500 0 4829 0 5549 0 167451 0 0 0 MARY A POWELL 168507 0 0 0 46730 0 6251 0 15006 0 236494 0 0 0 JENNIFER LYNCH 151703 0 0 0 16500 0 4002 0 554 0 172759 0 0 0 MATTHEW SHILVOCK 149694 0 0 0 13253 0 4167 0 9492 0 176606 0 0 0 NICOLA LUISOTTI 503395 0 0 0 0 0 3000 0 15097 0 521492 0 0 0 JONATHAN PETERSON 113360 0 0 0 73063 0 1970 0 7380 0 195773 0 0 0 MARK URBAN 165797 0 0 0 0 0 11562 0 23615 0 200974 0 0 0 LORI HARRISON 162871 0 0 0 0 0 12087 0 24038 0 198996 0 0 0 KAY STERN 145782 0 0 0 15841 0 16215 0 38971 0 216809 0 0 0 SUPPLEMENTAL INFORMATION PART III JONATHAN PETERSON, FORMER DEPUTY DIRECTOR OF DEVELOPMENT, RECEIVED SEVERANCE OF $55,561. DAVID GOCKLEY, EXECUTIVE DIRECTOR AND CEO, RECEIVES COMPENSATION FOR A HEALTH AND SOCIAL MEMBERSHIP AT AN ANNUAL COST OF $2090. NICOLA LUISOTTI, MUSIC DIRECTOR AND PRINCIPAL CONDUCTOR, RECEIVES REIMBURSEMENT FOR TWO SPOUSAL TRANSATLANTIC AIR FARES PER YEAR. DURING 2010, THE COST OF THE TWO AIR FARES WAS $9,293. MARY POWELL KEY EMPLOYEE 31683 MARY POWELL HAS A FAMILY RELATIONSHIP WITH A COMPANY THAT PROVIDES FLORAL SERVICES TO THE OPERA. 0 X 159 7771550 FMV AT DATE OF GIFT X FOOD/BEVERAGES 14 75953 FMV AT DATE OF GIFT X COSTUME SUPP 34 30099 FMV AT DATE OF GIFT X TRANSIT DISPLA 3 15575 FMV AT DATE OF GIFT X MISC 2 39044 FMV AT DATE OF GIFT 0 1 1 THIRD PARTY USE: PART I, LINE 32B: DURING THE COURSE OF SOLICITATION (SEE SCHEDULE G), SECURITIES MAY BE DONATED RATHER THAN CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 THOMAS A. LARSEN, DIRECTOR, HAS A BUSINESS RELATIONSHIP WITH GEORGE HUME, DIRECTOR AND OFFICER. THOMAS A. LARSEN, DIRECTOR, HAS A BUSINESS RELATIONSHIP WITH JOHN GUNN, DIRECTOR AND CHAIRMAN. BILL RUSSELL-SHAPIRO, DIRECTOR, HAS A FAMILY RELATIONSHIP WITH C.P. RUSSELL, DIRECTOR. FRANKLIN P. JOHNSON, JR., DIRECTOR AND OFFICER, HAS A BUSINESS RELATIONSHIP WITH BILL RUSSELL-SHAPIRO, DIRECTOR. KARL MILLS HAS A BUSINESS RELATIONSHIP WITH VARIOUS DIRECTORS VIA INVESTMENT ADVISORY FIRM. FORM 990, PART VI, SECTION B, LINE 11 AS PART OF THE OPERA'S INTERNAL REVIEW PROCESS, THE FILING VERSION OF FORM 990 IS PRESENTED TO THE OPERA'S AUDIT COMMITTEE FOR DISCUSSION AND COMMENT. PRIOR TO FILING, THE PUBLIC DISCLOSURE VERSION OF FORM 990 IS SENT TO ALL BOARD 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 OF ENTIRELY INDEPENDENT INDIVIDUALS 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 THE GUIDESTAR, IRS WEBSITE, AND OPERA'S WEBSITE WHICH IS WWW.SFOPERA.COM. THEY ARE ALSO AVAILABLE UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED GAINS AND IN-KIND EXPENSES 15362504. TOTAL TO FORM 990, PART XI, LINE 5: 15362504. THE ROLE OF THE AUDIT COMMITTEE FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS SET UP TO OVERSEE THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANTS. THE COMMITTEE HELD QUARTERLY MEETINGS WITH THE BOARD MEMBERS, OFFICERS OF THE OPERA AND THE INDEPENDENT AUDITORS. FORM 990, PART I, LINE 6: VOLUNTEERS THE VOLUNTEERS INCLUDE 609 USHERS, 155 GUILD VOLUNTEERS AND 49 LIGHTWALKERS.