2024-05-15T16:49:30-05:00 2023-06-30 390859910 BAKER TILLY US LLP 2055 E WARNER RD SUITE 101 TEMPE AZ 85284 990 2022-07-01 237169261 ARIZONA OPERA COMPANY ARIZ 6022667464 1636 N CENTRAL AVENUE PHOENIX AZ 85004 JOSEPH SPECTER PRESIDENT AND GENERAL DIRECTOR 6022667464 2024-05-14 1 JOSEPH SPECTER 999009999 0 COLETTE KAMPS CPA P00367616 5208368201 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSEPH SPECTER 1636 N CENTRAL AVE PHOENIX AZ 85004 8931647 0 X WWW.AZOPERA.ORG X 1971 AZ ARIZONA OPERA ELEVATES THE TRANSFORMATIVE POWER OF STORYTELLING THROUGH MUSIC - CULTIVATING COMMUNITY AND STRENGTHENING A STATE AND PEOPLE AS ADVENTUROUS AND DIVERSE AS THE PLACE THEY CALL HOME. 29 29 501 159 -137475 0 10934024 4272177 1174485 1359894 37881 156651 -117110 -261304 12029280 5527418 0 0 0 0 3378510 3872381 0 0 486084 4619447 5002692 7997957 8875073 4031323 -3347655 13623494 17923049 2868478 3242453 10755016 14680596 X ARIZONA OPERA ELEVATES THE TRANSFORMATIVE POWER OF STORYTELLING THROUGH MUSIC - CULTIVATING COMMUNITY AND STRENGTHENING A STATE AND PEOPLE AS ADVENTUROUS AND DIVERSE AS THE PLACE THEY CALL HOME. 0 0 6537983 1438392 ARIZONA OPERA'S 2022/23 SEASON INCLUDED FIVE FULLY STAGED IN-THEATER PRODUCTIONS, AS WELL AS A NUMBER OF EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS THAT EXTENDED THROUGHOUT THE YEAR. THE FALL OF 2022 FEATURED TWO IN-THEATER PRODUCTIONS AS PART OF THE MCDOUGALL RED SERIES, PERFORMED AT THE HERBERGER THEATER CENTER IN PHOENIX AND THE TEMPLE OF MUSIC AND ART IN TUCSON. THE TWO RED SERIES OFFERINGS WERE REDLER AND DYE'S THE FALLING AND THE RISING, WHICH FOCUSES ON THE US MILITARY VETERAN EXPERIENCE; AND STRAUSS'S ARIADNE AUF NAXOS. FROM JANUARY THROUGH APRIL OF 2023, ARIZONA OPERA PRESENTED THREE OPERAS IN ITS MAIN STAGE SERIES, PERFORMED AT SYMPHONY HALL IN PHOENIX AND THE LINDA RONSTADT MUSIC HALL IN TUCSON. THE THREE MAIN STAGE SERIES OFFERINGS WERE PUCCINI'S TOSCA, ROGERS AND HAMMERSTEIN'S THE SOUND OF MUSIC, AND MOZART'S THE MAGIC FLUTE. IN ADDITION TO IN-THEATER PRODUCTIONS, ARIZONA OPERA'S NEXTGEN INITIATIVE CONTINUED ITS FOCUS ON DEVELOPING THE NEXT GENERATION OF OPERA ARTISTS AND AUDIENCES, INCLUDING A ROBUST SCHEDULE OF K-12 EDUCATIONAL AND COMMUNITY PROGRAMS, AND TRAINING PROGRAMS FOR EMERGING PROFESSIONALS. THESE PROGRAMS INCLUDED OUR IN-SCHOOL ARLYN M. BREWSTER OPERATUNITY TOUR THAT REACHES APPROXIMATELY 40,000 CHILDREN PER YEAR THROUGHOUT THE STATE AND OUR STUDENT PREVIEW PERFORMANCES IN THE THEATER; OUR ELITE TRAINING PROGRAMS FOR YOUNG SINGERS AND THEATER TECHNICIANS, INCLUDING THE MARION ROOSE PULLIN STUDIO AND THE PRODUCTION APPRENTICE PROGRAMS, WHICH GIVE SINGERS, PIANISTS, STAGE DIRECTORS, AND PRODUCTION TECHNICIANS THE PROFESSIONAL EXPERIENCE THEY NEED TO LAUNCH THEIR CAREERS; AND A WIDE VARIETY OF COMMUNITY ENGAGEMENT AND ADULT EDUCATION OPPORTUNITIES THAT ALLOW US TO SERVE OUR COMMUNITY IN THE MOST FULSOME WAY POSSIBLE, WHETHER ONE BRAND NEW TO OPERA, OR A LIFELONG FAN. IN THE 2022/23 SEASON, ARIZONA OPERA SERVED APPROXIMATELY 22,000 ARIZONANS THROUGH IN-THEATER PERFORMANCES; OVER 40,000 K-12 STUDENTS THROUGH OUR EDUCATION PROGRAMS; AND APPROXIMATELY 15,000 RESIDENTS THROUGH OUR COMMUNITY PROGRAMS. 6537983 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 237 0 501 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ARIZONA OPERA 6022667464 1636 N CENTRAL AVENUE PHOENIX AZ 85004 SUSAN ESCO CHANDLER DIRECTOR 2.00 X 0 0 0 JEAN S COOPER DIRECTOR 2.00 X 0 0 0 ANDREA CRANE DIRECTOR 2.00 X 0 0 0 RICHARD CREATH DIRECTOR 2.00 X 0 0 0 ROZA FERDOWSMAKAN DIRECTOR 2.00 X 0 0 0 BARRY FINGERHUT DIRECTOR 2.00 X 0 0 0 NANCY FOSTER DIRECTOR 2.00 X 0 0 0 ROSIE GARCIA DIRECTOR 2.00 X 0 0 0 GARY GREENBAUM DIRECTOR 2.00 X 0 0 0 ANN HAND DIRECTOR 2.00 X 0 0 0 DAVID HEAP DIRECTOR 2.00 X 0 0 0 GARY JACKSON DIRECTOR 2.00 X 0 0 0 KIMBERLY J KAUFFMAN DIRECTOR 2.00 X 0 0 0 MIRANDA LUMER DIRECTOR 2.00 X 0 0 0 JENNY AUGER MAW DIRECTOR 2.00 X 0 0 0 SHERRY MIDDLEMAS DIRECTOR 2.00 X 0 0 0 DR HERSCHEL ROSENZWEIG DIRECTOR 2.00 X 0 0 0 JEANNETTE JUNG SEGEL DIRECTOR 2.00 X 0 0 0 COLONEL RET KIMBERLEY SMITH DIRECTOR 2.00 X 0 0 0 LINDA STAUBITZ DIRECTOR 2.00 X 0 0 0 HEATHER STRICKLAND DIRECTOR 2.00 X 0 0 0 SHOSHANA TANCER DIRECTOR 2.00 X 0 0 0 ROMA WITTCOFF DIRECTOR 2.00 X 0 0 0 JUDITH JUDY G WOLF PHD DIRECTOR 2.00 X 0 0 0 DR STEPHEN MUNK CHAIR 2.00 X X 0 0 0 ERIK PETERSON VICE CHAIR 2.00 X X 0 0 0 SCOTT STALLARD TREASURER 2.00 X X 0 0 0 KAY MCDOUGALL SECRETARY 2.00 X X 0 0 0 SHARON LANDIS IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 JOEPH SPECTER PRESIDENT & GENERAL DIRECTOR 40.00 X 257892 0 10527 JOANN SERRA DIRECTOR OF FINANCE, ADMINISTRATION AND HUMAN RESO 40.00 X 112704 0 8865 370596 0 19392 2 0 1 0 LEWIS & ROCA LLP PO BOX 51543 LOS ANGELES CA 90051 LEGAL SERVICES/CONSULTING 238175 1 263195 1204648 2804334 6310 4272177 TICKET SALES AND HANDLING FEES 711110 1300648 1300648 OTHER PROGRAM REVENUE 711110 46942 46942 EDUCATION INCOME 711110 12304 12304 1359894 47424 47424 38355 235935 -197580 -197580 -137475 -60105 3098958 2989731 109227 109227 109227 30205 263195 172427 -142222 -142222 6934 6136 798 798 EQUIPMENT RENTAL 900099 76952 76952 OTHER 900099 748 748 77700 5527418 1438392 -137475 -45676 X 311599 311599 2834491 2332323 236243 265925 4905 4905 432137 217150 189508 25479 289249 235633 33086 20530 35380 35380 124115 124115 91598 91598 21842 21842 997778 997302 476 407129 407129 164912 11456 152309 1147 164941 68185 96756 46386 46386 329686 14119 315567 779289 712648 62686 3955 602 602 422855 380856 25010 16989 47704 47704 PRODUCTION MATERIALS 837849 837849 MISCELLANEOUS EXPENSES 205378 117035 79370 8973 RECEPTIONS AND EVENTS 143086 143086 COMMUNITY ENGAGEMENT EX 120832 120832 61330 39080 22250 8875073 6537983 1851006 486084 801288 614457 649923 4724 2344540 1022358 169340 205569 8521901 3634326 5041303 4887575 2489320 5283 2127780 3726078 0 7457005 13623494 17923049 340845 544437 451935 422989 2075698 1996250 0 278777 2868478 3242453 X 5962302 2113095 4792714 12567501 10755016 14680596 13623494 17923049 X -3347655 78410 6619759 575065 X 0 1 X 1 0 X 7462458 5293838 4724527 10934024 4272177 32687024 7462458 5293838 4724527 10934024 4272177 32687024 12742188 19944836 6781 4300 4084 30326 85779 131270 5543 5543 232 3284 100076 748 104340 32928177 4585191 0.60570 0.88090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3628682 76681 212640 -92500 -21842 4032345 2498247 1500200 -274802 76600 18363 3628682 1309058 902056 287133 2498247 1371573 -27615 34900 1309058 452296 951500 8158 40381 1371573 1.00000 1 0 4642752 781545 3861207 62241 37071 25170 3816908 2815710 1001198 4887575 INVESTMENTS HELD AT AZ COMM FOUNDATION 3726078 F 3726078 BENEFICIAL INTEREST IN TRUSTS 7194825 OPERATING LEASE RIGHT OF USE ASSETS 262180 7457005 OPERATING LEASE LIABILITY 278777 278777 X 6394988 78410 575066 653476 5741512 21842 -235937 -214095 5527417 9089167 235937 235937 8853230 21842 21842 8875072 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS CONSIST OF 6 DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES TO SUPPORT THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION RECOGNIZES UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AT JUNE 30, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST 575,066. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME -235,937. FUNDRAISING EVENT EXPENSES NETTED AGAINST INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED AGAINST INCOME RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 235,937. GALA 293400 263195 30205 5830 12417 108053 6137 39990 293400 263195 30205 5830 12417 108053 6137 39990 172427 -142222 X X X X 0 0 0 0 0 0 0 0 0 JOEPH SPECTER PRESIDENT & GENERAL DIRECTOR 257892 0 0 0 0 0 1575 0 8952 0 268419 0 0 0 PART I, LINE 3 THE PRESIDENT AND GENERAL DIRECTOR SETS THE SALARIES FOR ALL SENIOR STAFF MEMBERS. THE SALARY OF THE PRESIDENT AND GENERAL DIRECTOR OF THE ORGANIZATION IS COMPARED TO SIMILAR ORGANIZATIONS IN SIZE AS WELL AS OTHER INDEPENDENT DATA AND IS DETERMINED BY THE BOARD OF DIRECTORS. THE PRESIDENT AND GENERAL DIRECTOR AND THE ADMINISTRATION DO NOT PARTICIPATE IN THE REVIEW. THE BOARD REVIEWS COMPENSATION ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 BEFORE IT IS FILED. THE DIRECTOR OF FINANCE AND PRESIDENT REVIEW AND APPROVE A DRAFT OF THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTANTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT AND GENERAL DIRECTOR SETS THE SALARIES FOR ALL SENIOR STAFF MEMBERS. THE SALARY OF THE PRESIDENT AND GENERAL DIRECTOR OF THE ORGANIZATION IS COMPARED TO SIMILAR ORGANIZATIONS IN SIZE AS WELL AS OTHER INDEPENDENT DATA AND IS DETERMINED BY THE BOARD OF DIRECTORS. THE PRESIDENT AND GENERAL DIRECTOR AND THE ADMINISTRATION DO NOT PARTICIPATE IN THE REVIEW. THE BOARD REVIEWS COMPENSATION ON A REGULAR BASIS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AS WELL AS THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G SOLOIST/CONDUCTOR/DIRECTOR & OTHER FEES: PROGRAM SERVICE EXPENSES 919,908. MANAGEMENT AND GENERAL EXPENSES 476. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 920,384. MARKETING: PROGRAM SERVICE EXPENSES 77,394. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 77,394. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUSTS 575,065. COPPER QUEEN PRODUCTIONS LLC 1636 NORTH CENTRAL AVE PHOENIX AZ 85004 PRODUCE AND ACQUIRE INTELLECTUAL PROPERTY, FILM AZ 0 1500 ARIZONA OPERA COMPANY ARIZONA OPERA OVERTURE LLC 1636 NORTH CENTRAL AVE PHOENIX AZ 85004 ACQUIRE AND OPERATE A RENTAL PROPERTY MAINLY FOR THE BENEFIT OF ARTISTS AZ 39114 2856471 ARIZONA OPERA COMPANY