2023-04-17T19:22:59-05:00 2022-05-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2021-06-01 990197758 HAWAII OPERA THEATRE HAWA 8085967372 848 SOUTH BERETANIA STREET 301 HONOLULU HI 96813 ANDREW MORGAN GENERAL DIRECTOR 8085967372 2023-04-17 1 ANDREW MORGAN 999009999 MELANIE A KING P00220997 8085311040 2023-04-17 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANDREW MORGAN 848 SOUTH BERETANIA STREET 301 HONOLULU HI 96813 3506692 0 X WWW.HAWAIIOPERA.ORG X 1980 HI PRESENT OPERA PERFORMANCES AND EDUCATION PROGRAMS THAT IMPROVE LIVES THROUGH OPERA. 33 33 38 160 0 0 1411460 2069742 31207 436388 120904 96792 275162 336954 1838733 2939876 0 0 0 0 1079725 1227154 0 0 304945 1107689 1668828 2187414 2895982 -348681 43894 8772899 9881133 2674680 4029520 6098219 5851613 X TO USE SOUND BUSINESS PRACTICE TO PRESENT A BROAD SPECTRUM OF WORLD-CLASS OPERA AND MUSIC-THEATRE, AS WELL AS A WIDE RANGE OF EDUCATIONAL AND ARTISTIC OPPORTUNITIES, TO THE WHOLE STATE OF HAWAII. 0 0 1935021 431783 OPERA PERFORMANCES: HOT'S 2021-2022 SEASON WAS IMPACTED BY THE CONTINUED EFFECTS OF THE COVID-19 PANDEMIC, INCLUDING RESCHEDULING ACTIVITIES PLANNED FOR FALL 2021 AND A SLOW RETURN OF AUDIENCES. BUT THROUGH RESILIENCE AND RESOURCEFULNESS THAT INCLUDED INSTITUTING RIGOROUS SAFETY PROTOCOLS, HOT WAS ABLE TO SUCCESSFULLY RETURN TO LIVE PERFORMANCES FOR THREE MAINSTAGE PRODUCTIONS AT THE BLAISDELL CONCERT HALL AND A SERIES OF SMALLER PROGRAMS IN THE NEWLY LAUNCHED "STUDIO 101" SPACE IN THE COMPANY'S HAWAII OPERA PLAZA BUILDING. THE THREE MAINSTAGE PRODUCTIONS IN THE SPRING 2022 SEASON WERE "THE TRAGEDY OF CARMEN", A REIMAGINING OF BIZET'S OPERA "CARMEN" BY FILM AND THEATRE DIRECTOR PETER BROOKS; "RE-EMERGING: HOT LIVE IN CONCERT", A SEMI-STAGED PROGRAM OFFERING SELECTIONS FROM OPERA AND MUSICAL THEATRE; AND PUCCINI'S "MADAME BUTTERFLY". STUDIO 101 PROGRAMMING FEATURED "I'LL BE SEEING YOU: 1940'S RADIO HOUR LIVE", A MUSICAL TRIBUTE COMMEMORATING THE 80TH ANNIVERSARY OF THE ATTACK ON PEARL HARBOR. HOT'S 2020-2021 SEASON WAS COMPLETELY VIRTUAL, DUE TO THE PANDEMIC, AND OFFERED OVER 30 HOURS OF ORIGINAL DIGITAL CONTENT INCLUDING THE DIGITAL WORLD PREMIERE OF "HOMETOWN TO THE WORLD." 372686 11740 EDUCATION PROGRAM:HOT'S EDUCATION DEPARTMENT WAS ALSO ABLE TO RETURN TO IN-PERSON ACTIVITIES AT MOST SCHOOLS DURING THE 2021-2022 FISCAL YEAR, REACHING OVER 15,000 STUDENTS, TEACHERS, AND PARENTS ACROSS THE STATE OF HAWAII. PROGRAMMING INCLUDED THE RETURN OF HOT'S OPERA EXPRESS TOURING SHOW, A FAMILY-FRIENDLY PRODUCTION OF VERDI'S "AIDA", THAT TRAVELLED ACROSS OAHU AND KAUAI. OPERA FOR EVERYONE ALSO RETURNED, WITH OVER 200 STUDENTS ATTENDING THE FINAL DRESS REHEARSAL FOR "MADAME BUTTERFLY" AT THE BLAISDELL CONCERT HALL. IN A COLLABORATION WITH HAWAII YOUTH OPERA CHORUS (HYOC), HOT'S EDUCATION TEAM PRODUCED "ULU TREE" BY COMPOSER HERB MAHELONA, AN OPERA FOR YOUNG VOICES THAT WEAVES TOGETHER HAWAIIAN, CHINESE, JAPANESE, AND KOREAN FOLKTALES FROM HAWAII'S PLANTATION ERA. THIS PRODUCTION WAS THE CULMINATION OF "OPERATUNITIES," A SUMMER PROGRAM CREATED BY HYOC WITH HOT TO TEACH THEATRE SKILLS TO A NEW GENERATION OF PERFORMERS.AUDITIONS, CLASSES AND ONE-ON-ONE COACHING SESSIONS FOR THE MAE Z. ORVIS OPERA STUDIO PROGRAM WERE HELD BOTH VIRTUALLY AND IN PERSON, LED BY HOT STAFF AND FOUR DIFFERENT GUEST CLINICIANS: MARK MORASH, HEAD OF MUSIC & CHORUS DIRECTOR FOR CALGARY OPERA, TIM SHAINDLIN OF THE YALE SCHOOL OF MUSIC, TAMARA SANIKIDZE, DIRECTOR OF BUTLER OPERA CENTER, AND INTERNATIONALLY KNOWN CONDUCTOR AND PIANIST BEN MAKINO. THE CENTERPIECE FOR THE ORVIS OPERA STUDIO SEASON WAS AN ORIGINAL PROGRAM, CREATED AND DIRECTED BY HOT'S ARTISTIC PROGRAM OFFICER JAMIE OFFENBACH, TITLED I'LL BE SEEING YOU: 1940'S RADIO HOUR LIVE, A MUSICAL TRIBUTE HONORING THE 80TH ANNIVERSARY OF THE ATTACK ON PEARL HARBOR. THE PRODUCTION, FULLY STAGED WITH COSTUMES AND MAKEUP, WAS PRESENTED AS IF AUDIENCES WERE ATTENDING A LIVE RADIO BROADCAST. THE ORVIS YOUNG VOICES PROGRAM, FOR HIGH-SCHOOL AGED SINGERS, HELD MONTHLY SESSIONS FROM AUGUST THROUGH FEBRUARY. GUEST CLINICIANS INCLUDED JONATHAN SYPERT, TONY PISCULI, MARK MORASH, AND TAMARA SANIKIDZE. THE SEASON CULMINATED IN A FINAL RECITAL LED BY MS. SANIKIDZE.HOT'S RESIDENCY PROGRAM BRINGS EDUCATION AND PRODUCTION STAFF INTO ELEMENTARY SCHOOLS TO COMPOSE AND CREATE OPERA PRODUCTIONS WITH STUDENTS AND TEACHERS CENTERED ON CURRICULUM COMPONENTS. SCHOOLS FOR 2021-2022 WERE HE'EIA, BLANCHE POPE, WAIKELE, AND PALOLO ELEMENTARY SCHOOLS. STORIES SELECTED AND WRITTEN BY THE STUDENTS FOCUSED ON THE HISTORY OF THE AREA IN WHICH THEIR SCHOOL IS LOCATED, AS WELL AS MARSH BIRDS, AND AN OPERA TITLED "SUPERHEROES OF THE SOUTH PACIFIC." ALL PROJECTS CULMINATED IN A PERFORMANCE FOR THEIR PEERS, TEACHERS, PARENTS AND THE COMMUNITY TWO WERE PRESENTED IN-PERSON AND TWO INVOLVED THE CREATION OF VIDEOS THAT WERE SHARED VIRTUALLY. 2307707 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 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 31 0 38 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X X X ANDREW MORGAN 8085967372 848 SOUTH BERETANIA STREET SUITE HONOLULU HI 96813 STEVEN PRIETO PRESIDENT 10.00 X X 0 0 0 JAMES H MCCOY PRESIDENT EMERITUS 1.00 X X 0 0 0 ALISON BHATTACHARYYA VICE PRESIDENT 1.00 X X 0 0 0 SUZANNE B ENGEL VICE PRESIDENT 1.00 X X 0 0 0 KEITH KALWAY VICE PRESIDENT 1.00 X X 0 0 0 EVELYN B LANCE VICE PRESIDENT 1.00 X X 0 0 0 LUANNA MCKENNEY VICE PRESIDENT 1.00 X X 0 0 0 SARAH RICHARDS VICE PRESIDENT 1.00 X X 0 0 0 JEAN ROLLES VICE PRESIDENT 1.00 X X 0 0 0 MARRIE SCHAEFER VICE PRESIDENT 1.00 X X 0 0 0 STEVE H TURNER VICE PRESIDENT 1.00 X X 0 0 0 ADRIENNE WING VICE PRESIDENT 1.00 X X 0 0 0 LEIGHTON YUEN VICE PRESIDENT 1.00 X X 0 0 0 ANDREA ZANNONI VICE PRESIDENT 1.00 X X 0 0 0 LINN M ALBER SECRETARY 3.00 X X 0 0 0 LINDA C NELSON TREASURER 3.00 X X 0 0 0 ROBERT B BUNN CO-COUNSEL 3.00 X X 0 0 0 JOHN L KNOREK CO-COUNSEL 3.00 X X 0 0 0 CAROLYN A BERRY WILSON DIRECTOR 1.00 X 0 0 0 PATSY B BUNN DIRECTOR 1.00 X 0 0 0 PAMELA ANDELIN CAMERON DIRECTOR 1.00 X 0 0 0 JULIA FROHLICH CHERRY DIRECTOR 1.00 X 0 0 0 MARILYN LYN B CLARKIN DIRECTOR 1.00 X 0 0 0 DAVID FRANKLIN DIRECTOR 1.00 X 0 0 0 DAVID A KELIIKULI DIRECTOR 1.00 X 0 0 0 RALPH KIESSLING DIRECTOR 1.00 X 0 0 0 FLORIA LORI KOMER DIRECTOR 1.00 X 0 0 0 JAMES T LEAVITT DIRECTOR 1.00 X 0 0 0 DORETTE PS LUKE DIRECTOR 1.00 X 0 0 0 PHILIP MCNAMEE DIRECTOR 1.00 X 0 0 0 AARON SALA DIRECTOR 1.00 X 0 0 0 DAVID Y TAKAGI DIRECTOR 1.00 X 0 0 0 MAGGIE S WALKER DIRECTOR 1.00 X 0 0 0 ANDREW MORGAN GENERAL DIRECTOR 60.00 X 177000 0 7794 177000 0 7794 1 0 1 0 0 313717 256534 1499491 2069742 TICKET SALES 711110 424648 424648 EDUCATIONAL PROGRAMS 611600 11740 11740 436388 98636 98636 616577 5199 357373 0 259204 5199 264403 264403 61476 63320 -1844 -1844 -1844 211539 313717 146123 65416 65416 REIMBURSEMENTS 900099 4858 4858 OTHER REVENUE 900099 2277 2277 7135 2939876 443523 0 426611 174624 77610 29104 67910 834768 684382 97148 53238 26740 20365 3321 3054 97522 76726 11782 9014 93500 75520 11033 6947 1175 1170 5 20428 20428 38250 38250 36876 12093 22096 2687 38905 38905 57154 24605 7945 24604 52270 26135 26135 401556 364134 3788 33634 25694 23402 2292 84514 63625 12176 8713 21232 13726 1167 6339 25552 12899 4704 7949 PRODUCTION EXPENSE 727357 708750 15506 3101 EDUCATION PROGRAMS 65522 65522 FUNDRAISING 33481 33481 MISCELLANEOUS EXPENSES 28141 13313 1515 13313 10721 4825 1070 4826 2895982 2307707 283330 304945 660654 1502912 97467 151429 314937 327722 67511 100017 2661474 1639638 1065750 1021836 6566580 6777217 0 0 8772899 9881133 207143 197574 150742 408744 2130000 3423202 186795 0 2674680 4029520 X -3266763 -3266372 9364982 9117985 6098219 5851613 8772899 9881133 43894 -290500 0 X X 0 1 X 1 0 X 1411649 2349632 1724983 1411460 1657305 8555029 1411649 2349632 1724983 1411460 1657305 8555029 852825 7702204 570836 542884 1021900 731762 720412 3587794 -143 -2461 -2604 3120 7663 7135 17918 12158137 3052101 0.63350 0.65360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 3,120. 2020 AMOUNT: $ 7,663. 2021 AMOUNT: $ 2,277. REIMBURSEMENTS - 2021 AMOUNT: $ 4,858. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: BEQUEST DATE: 05/27/22 AMOUNT: 106477. DESCRIPTION: BEQUEST DATE: 10/31/21 AMOUNT: 305960. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7131498 -7000 7138498 7129679 1819 7131498 7121951 7728 7129679 7146451 -24500 7121951 7253175 -106724 7146451 1.00000 0 0 461000 461000 1764758 1239493 525265 435716 400145 35571 1021836 X 3158217 -290500 61747 62918 -165835 3324052 38250 -422426 -384176 2939876 3344621 61747 425142 486889 2857732 38250 38250 2895982 PART V, LINE 4: THE THEATRE HAS A SPENDING POLICY ALLOWING FOR THE APPROPRIATION OF 3% (BEGINNING IN THE YEAR ENDED MAY 31, 2020) OF THE ROLLING 12 QUARTERS' AVERAGE BALANCE OF THE ENDOWMENT, OR SUCH OTHER AMOUNT AS CONSIDERED NECESSARY BY THE BOARD OF DIRECTORS. NET RENTAL INCOME EARNED FROM THE HAWAII OPERA PLAZA ENDOWMENT IS EXPENDED CURRENTLY IN SUPPORT OF OPERATIONS. PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT EVALUATED HOT'S AND THE LLC'S TAX POSITIONS AS OF MAY 31, 2022 AND 2021 AND FOR THE YEARS THEN ENDED, AND DETERMINED THAT HOT AND THE LLC HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. HOT AND THE LLC ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTERFUND INTEREST INCOME 62,918. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -4,851. RENTAL OPERATIONS EXPENSES -357,373. INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS -246,997. PPP LOAN FORGIVENESS 186,795. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 4,851. RENTAL OPERATIONS EXPENSES 357,373. INTERFUND INTEREST EXPENSES 62,918. OPERA BALL & SILENT AUCTION 448902 313717 135185 74225 8821 57726 ACT II 76354 76354 5351 525256 313717 211539 74225 8821 63077 146123 65416 X X X X X 0 0 0 0 0 0 0 0 0 ANDREW MORGAN GENERAL DIRECTOR 152000 0 25000 0 0 0 0 0 7794 0 184794 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT B. BUNN, CO-COUNSEL AND DIRECTOR, AND PATSY B. BUNN, DIRECTOR, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHICH ELECT NEW BOARD DIRECTORS AT THE ANNUAL MEETING VIA PERSONAL ATTENDANCE. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS EXPLAIN THE PROCESS BY WHICH MEMBERS CAN ELECT OR REMOVE BOARD DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 HAS BEEN PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM, BOTH MANAGEMENT AND THE BOARD TREASURER REVIEWED THIS FORM 990. IT THEN WAS SENT TO THE BOARD OF DIRECTORS FOR ITS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS, DIRECTORS, AND EMPLOYEES. SUCH PERSONS ARE REQUIRED TO INFORM THE CHAIRMAN OF THE BOARD OF DIRECTORS OF ANY POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS IDENTIFIED AS SUCH. ANY SUCH PERSON WILL THEN BE EXCUSED FROM TAKING ANY FURTHER ACTION RELATED TO THE POTENTIAL CONFLICT UNLESS THE BOARD OF DIRECTORS, AFTER FULL DISCLOSURE, FINDS THAT THERE IS NO MATERIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE GENERAL DIRECTOR IS REVIEWED BY THE EXECUTIVE EVALUATION COMMITTEE USING COMPARABILITY DATA FROM OTHER OPERA AND PERFORMING ARTS COMPANIES SIMILAR IN SIZE AND COMPLEXITY. THIS PROCESS IS DOCUMENTED IN THE PERSONNEL FILE AND/OR MEETING MINUTES. THIS EVALUATION PROCESS IS DONE ANNUALLY, AND THE COMMITTEE RECOMMENDATIONS ARE PRESENTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE HOT WEBSITE AT HAWAIIOPERA.ORG. THE FORM 990 IS ALSO AVAILABLE ON THE WEBSITES OF THE STATE OF HAWAII TAX & CHARITIES DIVISION, GUIDESTAR AND CHARITY NAVIGATOR. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE ALSO AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGE IN PROCESS FROM PRIOR YEAR. HAWAI'I OPERA PLAZA LLC 848 S BERETANIA ST SUITE 301 HONOLULU HI 96813 990197758 COMMERICAL RENTAL PROPERTY HI 616577 1220914 HAWAII OPERA THEATRE