2023-05-15T11:38:23-07:00 2022-06-30 990 2021-09-01 750945915 FORT WORTH OPERA ASSOCIATION INC FORT 8177310833 505 Pecan Street Suite 100 Fort Worth TX 76102 Angela Turner Wilson General and Artistic Director 8173003626 2023-11-15 1 11 1 AAL2 X 2021 2023-04-26 12:10:37Z Angela Turner Wilson 505 Pecan Street Suite 100 Fort Worth TX 76102 2083359 0 X www.fwopera.org X 1987 TX The mission of Fort Worth Opera is to enrich people's lives with performances and programs that educate, entertain, inspire, and expand the horizons of current and future audiences. 21 21 22 32 0 0 1878860 1762806 39916 319952 63 601 0 0 1918839 2083359 0 0 0 0 689558 904687 0 0 325991 801231 1221570 1490789 2126257 428050 -42898 971408 520999 857428 451119 113980 69880 The mission of Fort Worth Opera is to enrich people's lives with performances and programs that educate, entertain, inspire, and expand the horizons of current and future audiences. 0 0 893897 0 0 Prior to COVID-19 pandemic, Fort Worth Opera produced an annual Fort Worth Opera Festival in April-May during which two operas are performed as main stage performances and one opera is performed at an alternative venue. Due to the COVID 19 Pandemic, FY20 was completely shuttered. For FY21, there were still no live performances. However, we took to the virtual world and showcased two new productions: A Night of Black Excellence and Bernadette's Cozy Book Nook, as well as a few smaller offerings. FY22, we were able to produce a live La Traviata as a main stage production to the delight of our North Texas Opera fans. 110280 0 0 The Fort Worth Opera Studio, founded in 2002, includes three young Lesley Artists chosen each year from national auditions to be in residence with Fort Worth Opera in order to continue their training as they prepare for professional careers. They perform in the FWO children's Opera Theater in addition to roles in our main productions. Additionally, these young artists receive lessons and coaching, language and movement classes as well as classes on Opera as a business. 341630 0 0 Children's Opera Theatre, in existence for over thirty years, reaches over 30,0000 students each year in the Dallas-Fort Worth Metroplex. Additionally, this department expanded and repositioned itself to include Civic Impact and Engagement performances. This allows us to not only reach children in area schools, but also at events both adults and children are gathered. 0 0 0 1345807 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 52 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X X Angela Turner Wilson 8177310833 505 Pecan Street Suite 100 Fort Worth TX 76102 X Ms Afton Battle General Director 40 0 X X 94878 0 11324 Ms Mary Goosens CFO Consultant 20 0 X 36000 0 0 Mrs Jill Fischer Chairman Emeritus 1 0 X 0 0 0 Keon Anderson Trustee 1 0 X 0 0 0 Mr David Bucher Trustee 1 0 X 0 0 0 Dr Nelson E Claytor Trustee 1 0 X 0 0 0 John Forestner Trustee-Resigned 2-4-2022 1 0 X 0 0 0 Judy Bennet Garner Trustee-Added 11-16-2021 1 0 X 0 0 0 Mrs Jennifer Goldberg Trustee 1 0 X 0 0 0 Mr Robert L Jameson Trustee 1 0 X 0 0 0 Ashley Lacamp Trustee 1 0 X 0 0 0 Mr Joseph Lesley Trustee 1 0 X 0 0 0 Mr Bond Malone Trustee 1.00 0.00 X 0 0 0 Mr Guy Manning Trustee 1 0 X 0 0 0 Mr Michael Martinez Trustee 1 0 X 0 0 0 Susie Olmos-Soto Trustee-Added 3-22-2022 1 0 X 0 0 0 Mary Pencis Trustee 1 0 X 0 0 0 Katherine Polenz Trustee 1 0 X 0 0 0 Vernon Rew Trustee 1 0 X 0 0 0 Ebony Rose Trustee 1 0 X 0 0 0 Ed Schollmaier Trustee-Deceased 9-16-21 1 0 X 0 0 0 Dr Ryan Krause President/Chairman 2 0 X 0 0 0 Hayne Shumate Vice Chair 2 0 X 0 0 0 Barbara Jordan Treasurer 2 0 X 0 0 0 Nicole Duvall Secretary 2 0 X 0 0 0 130878 0 11324 0 0 0 0 0 0 0 0 0 502939 1259867 0 1762806 Tickets 711110 269049 269049 0 0 Performance Fees 711110 50903 50903 0 0 0 0 0 0 319952 601 601 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2083359 320553 0 0 X 102835 20567 41134 41134 652245 380064 187348 84833 74108 45743 24087 4278 75499 41202 26080 8217 4778 4778 55611 55611 486085 349479 39603 97003 81634 81634 23122 10630 9430 3062 39426 20008 15534 3884 131614 92219 31516 7879 58102 53834 2022 2246 5398 5398 16850 16712 138 14600 7300 5840 1460 Education Program Expenses 26713 26713 0 0 Development Related Expenses 71995 0 0 71995 Production Related - Costumes, Scenery, Lighting 199702 199702 0 0 5940 5940 2126257 1345807 454459 325991 822761 383940 89201 101944 25277 17796 506067 488748 34169 17319 971408 520999 103136 111109 277885 28503 476407 311507 857428 451119 X -2657 69880 116637 0 113980 69880 971408 520999 -42898 0 0 0 -1202 0 X X 0 0 0 X 2050555 2223619 1412274 1468950 1209017 8364415 405601 624200 79281 39916 455801 1604799 2456156 2847819 1491555 1508866 1664818 9969214 934336 999752 407825 1079827 855803 4277543 34929 0 0 34929 969265 999752 407825 1079827 855803 4312472 5656742 9956 4719 130 109 14914 9956 4719 0 130 109 14914 35120 39840 0 74960 2501232 2892378 1491555 1508996 1664927 10059088 0.56235 0.60269 0.00148 0.00208 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 120818 2076 -9931 0 0 0 112963 109196 0 11622 0 0 0 120818 99338 0 9858 0 0 0 109196 600750 234107 39913 775432 0 0 99338 645008 24701 48541 117500 0 0 600750 0.32 0.68 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 506067 488748 17319 0 0 0 0 17319 0 Loan Received from FWO Endowment 311507 311507 Schedule D, Part V, Line 4 Intended use of fund is to support the Fort Worth Opera Association's long term operating goals. Form 990, Part VI, Section B, Line 11b Process to review the 990: The Form 990 is provided to all board members for a review via sending it to their personal email account, with a solicitation for any questions to be emailed to GD, CFO, and Board Treasurer before the Form 990 is submitted to the IRS. Answers to those questions are answered via email to the entire board. At the next board meeting, we then ensure all are understanding of the questions and answers raised. Form 990, Part VI, Section B, Line 12c Process for monitoring compliance with the Conflict of Interest Policy: Every board member and officer signs a conflict of interest policy each year and it is kept on file with the records of the board. As the organization makes business decisions, it consciously makes sure that no compromising relationships are created. If a conflict is found to exist, the matter is discussed, and the member abstains from voting. Form 990, Part VI, Section B, Line 14 Document Retention Policy: The organization is in the process of creating a written document retention / destruction policy. Accounting department currently follows IRS rules regarding financial document retention. Form 990, Part VI, Section B, Line 15 In 2020, the initial year of hiring the General Director reflected in this return, the Board conducted a competitive salary review using data provided by Opera America as well as comparably sized companies in the geographic area. Once she was hired, she then reviewed the salary of the other employees. Other employees are evaluated annually on industry comparable salaries and other companies in this geographic area. Form 990, Part VI, Section C, Line 18 Availability of Governing Documents: A copy of the Form 990 and audited financials will be available for public inspection on Fort Worth Opera Association website as well as GuideStar. Governing documents, policies, and financial statements are available upon request. Form 990, Part VI, Section C, Line 19 A copy of the Form 990 and audited financials will be available for public inspection on Fort Worth Opera Association website as well as GuideStar. Governing documents, policies, and financial statements are available upon request. Form 990, Part IX, Line 11g Other fees: For Program Fees, these are production related costs used to support the planning and execution of our shows. It includes contractor such as director fees, choreographer fees, lighting and sound technicians, as well as the contracted artists. Form 990, Part XII, Line 2b The supporting audit report for this 2021 Form 990 is underway. During this process, no significant changes to the financial information presented in this 2021 Form 990 is expected. If there is a material change, an amended 2021 Form 990 will be submitted to the IRS. When this the FY22 audit is complete (in support of this 2021 Form 990) it will be available as indicated. Fort Worth Opera Endowment 505 Pecan Street Fort Worth TX 76102 452831814 Endowment TX N/A C 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 Fort Worth Opera Endowment e 311507 Loan Agreement