2022-06-13T08:47:13-05:00 2021-07-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2020-08-01 131624087 METROPOLITAN OPERA ASSOCIATION INC METR 2127993100 30 LINCOLN CENTER NEW YORK NY 100236980 DIANA FORTUNA CFO 2127993100 2022-06-13 1 DIANA FORTUNA 999009999 DEVIN L DUNCAN P01249521 2127589700 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z PETER GELB 30 LINCOLN CENTER NEW YORK NY 100236980 359598788 0 X WWW.METOPERA.ORG X 1883 NY PERFORMANCE OF OPERA TO THE PUBLIC. 42 42 4294 711 19114 0 185818328 140355568 90341477 11142580 6409572 11222833 11931133 1033234 294500510 163754215 700875 548660 0 0 198533594 83952175 138907 136734 10733152 63966987 47348087 263340363 131985656 31160147 31768559 482752126 578246419 404939762 337817674 77812364 240428745 X PERFORMANCE OF OPERA TO THE PUBLIC. 0 0 75582521 PREPARATION AND PRESENTATION OF OPERA PERFORMANCES AT THE METROPOLITAN OPERA HOUSE AS WELL AS SYMPHONIC REPERTORY AT CARNEGIE HALL. ALSO INCLUDES OUTDOOR PRESENTATION OF FREE CONCERTS IN NYC PARKS FOR THE PUBLIC. THE COVID-19 PANDEMIC CAUSED THE MET TO CANCEL ITS LIVE SEASON AT THE OPERA HOUSE FROM MARCH 2020 THROUGH ITS FY21-22 SEASON. THERE WERE NO CARNEGIE HALL PERFORMANCES OR PARKS CONCERTS DURING THE FISCAL YEAR DUE TO THE PANDEMIC. PROGRAMMATIC EXPENSES DURING FY21 INCLUDED COSTS TO MAINTAIN ITS WAREHOUSE AND STORAGE FACILITIES AS WELL AS SOME BENEFITS FOR FURLOUGHED STAFF. THE MET RE-OPENED IN SEPTEMBER 2021 WITH STRICT VACCINATION REQUIREMENTS FOR BOTH AUDIENCE AND STAFF AND HAS SUCCESSFULLY COMPLETED LIVE PERFORMANCES AT THE OPERA HOUSE TO DATE. 18247365 10997966 MEDIA PRESENTATION OF OPERA PERFORMANCES. LIVE PERFORMANCES BROADCAST IN HIGH DEFINITION TO MOVIE THEATERS THROUGHOUT THE WORLD. DOMESTIC AND INTERNATIONAL LIVE AUDIO TRANSMISSIONS OF PERFORMANCES ON RADIO AND THE MET'S WEBSITE. PAST PERFORMANCES BROADCAST ON TELEVISION, RADIO STATIONS AND THE INTERNET GLOBALLY. AS A RESULT OF THE CANCELLATION OF THE MET'S SEASON, THE LIVE BROADCASTS FROM THE OPERA HOUSE WERE CANCELLED. THE MET ENGAGED IN A VARIETY OF ON-LINE ACTIVITES, INCLUDING FREE NIGHTLY ENCORE STREAMING ON OUR WEBSITE AND PAY-PER-VIEW RECITALS. 129033 PRESENTATION OF EVENTS OTHER THAN OPERA WHERE THE MET EITHER PRESENTS OR CO-PRESENTS THE EVENT OR LICENSES THE OPERA HOUSE TO THIRD PARTIES, PRINCIPALLY BALLET. THERE WERE NO EVENTS DURING FY21 DUE TO THE CLOSURE OF THE OPERA HOUSE. 4079217 548660 833219 OTHER PROGRAM ACTIVITIES INCLUDING MERCHANDISING, DEVELOPMENT OF YOUNG ARTISTS THROUGH THE LINDEMANN YOUNG ARTIST DEVELOPMENT PROGRAM, AND THE LAFFONT COMPETITION AND CONCERT. 4079217 548660 833219 98038136 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 1 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 572 0 1 4294 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 42 42 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN VA WV WI UT X X DIANA FORTUNA 2127993100 30 LINCOLN CENTER NEW YORK NY 100236980 X PETER GELB GENERAL MANAGER (SEE NOTE) 60.00 X 1331060 0 879653 YANNICK NEZET-SEGUIN MUSIC DIRECTOR 60.00 X 662283 0 36929 ROBERT SIRINEK ORCHESTRA MANAGER 60.00 X 334340 0 238205 DONALD PALUMBO CHORUS MASTER 60.00 X 430337 0 111065 JAMES BLUMENFELD PROPERTY MASTER 60.00 X 327470 0 89531 PHILIP VOLPE ELC DPT HD/MASTER ELECTRIC 60.00 X 304360 0 98167 CORALIE TOEVS ASST GEN MGR, DEVELOPMENT 60.00 X 289865 0 104530 JOHN SELLARS ASST GEN MGR, PRODUCTION 60.00 X 288968 0 57569 DIANA FORTUNA DEPUTY GM/CFO/ASST TREASURER 60.00 X 236988 0 72812 HENRY A LANMAN GENERAL COUNSEL/ASST SECRE 60.00 X 246039 0 56468 VERONICA ATKINS MANAGING DIRECTOR 1.00 X 0 0 0 MERCEDES T BASS VICE CHAIRMAN 1.00 X X 0 0 0 FRANK A BENNACK JR MANAGING DIRECTOR 1.00 X 0 0 0 STEPHEN BERGER MANAGING DIRECTOR 1.00 X 0 0 0 CGRAHAM BERWIND III MANAGING DIRECTOR 1.00 X 0 0 0 SUSAN S BRADDOCK MANAGING DIRECTOR 1.00 X 0 0 0 NOREEN BUCKFIRE MANAGING DIRECTOR 1.00 X 0 0 0 ALEXA BATOR CHAE MANAGING DIRECTOR 1.00 X 0 0 0 NABIL N CHARTOUNI MANAGING DIRECTOR 1.00 X 0 0 0 BETSY COHEN TREASURER 1.00 X X 0 0 0 LEONARD S COLEMAN JR MANAGING DIRECTOR 1.00 X 0 0 0 JUDITH-ANN CORRENTE MANAGING DIRECTOR 1.00 X 0 0 0 RENA DE SISTO MANAGING DIRECTOR 1.00 X 0 0 0 CAROL E DOMINA MANAGING DIRECTOR 1.00 X 0 0 0 ELIZABETH M EVEILLARD MANAGING DIRECTOR 1.00 X 0 0 0 KENNETH R FEINBERG MANAGING DIRECTOR 1.00 X 0 0 0 AUSTIN T FRAGOMEN JR MANAGING DIRECTOR 1.00 X 0 0 0 MARINA KELLEN FRENCH MANAGING DIRECTOR 1.00 X 0 0 0 BETH A GROSSHANS MANAGING DIRECTOR 1.00 X 0 0 0 EKKEHART HASSELS-WEILER MANAGING DIRECTOR 1.00 X 0 0 0 RONNIE S HAWKINS MANAGING DIRECTOR 1.00 X 0 0 0 ROLF HEITMEYER MANAGING DIRECTOR 1.00 X 0 0 0 MARLENE HESS MANAGING DIRECTOR 1.00 X 0 0 0 HMAGNES HSU-TANGPHD MANAGING DIRECTOR TO 6/26/21 1.00 X 0 0 0 CHRISTINE F HUNTER MANAGING DIRECTOR/HONORARY 1.00 1.00 X X 0 0 0 DAVID HENRY JACOBS MANAGING DIRECTOR 1.00 X 0 0 0 TOD JOHNSON VP/CHAIR OF EXC COM FR 2/12/21 1.00 1.00 X X 0 0 0 JAMES W KINNEAR MANAGING DIRECTOR/HONORARY 1.00 1.00 X X 0 0 0 BRUCE KOVNER MANAGING DIRECTOR 1.00 X 0 0 0 CAMILLE D LABARRE MANAGING DIRECTOR 1.00 X 0 0 0 HARRY T LEE MANAGING DIRECTOR TO 5/26/21 1.00 X 0 0 0 JEANETTE LERMAN-NEUBAUER SECRETARY 1.00 X X 0 0 0 FRAYDA B LINDEMANN PRESIDENT AND CEO 1.00 1.00 X X 0 0 0 FRANCES MARZIO MANAGING DIRECTOR 1.00 X 0 0 0 KATHRYN A MILLER MANAGING DIRECTOR 1.00 X 0 0 0 WILLIAM C MORRIS VP/CHAIR OF EXC COM TO 2/3/21 1.00 1.00 X X 0 0 0 SANA H SABBAGH MANAGING DIRECTOR TO 11/12/20 1.00 X 0 0 0 LAURA J SLOATE MANAGING DIRECTOR 1.00 X 0 0 0 MARC I STERN MANAGING DIRECTOR 1.00 X 0 0 0 KEEBLER J STRAZ MANAGING DIRECTOR FR 9/24/20 1.00 X 0 0 0 AMB NICHOLAS F TAUBMAN MANAGING DIRECTOR 1.00 X 0 0 0 DOUGLAS DOCKERY THOMAS MANAGING DIRECTOR 1.00 X 0 0 0 ROBERT I TOLL MANAGING DIRECTOR 1.00 X 0 0 0 ROBERT L TURNER MANAGING DIRECTOR 1.00 X 0 0 0 GEORGE L VAN AMSON MANAGING DIRECTOR 1.00 X 0 0 0 ANN ZIFF CHAIRMAN 1.00 1.00 X X 0 0 0 4451710 0 1744929 98 0 1 0 YORKE CONSTRUCTION CORP 140 WEST 31ST STREET 4TH FLOOR NEW YORK NY 10001 CONSTRUCTION 4505927 NICHOLSON & GALLOWAY INC 261 GLEN HEAD ROAD GLEN HEAD NY 11545 CONSTRUCTION 3563444 AKA NYC LIMITED 321 WEST 44TH STREET SUITE 401 NEW YORK NY 10036 ADVERTISING AGENCY 1908450 DAYBREAK FAST FREIGHT INC 401 W LINCOLN AVE LITITZ PA 17543 CONTAINER STORAGE AND TRANSIT 1785140 ODEON ENTERTAINMENT TAUNUSSTR 21-23 MUNCHEN GM 80807 PRODUCTION 1163900 72 73477 4604328 1550133 15161016 118966614 5369939 140355568 MEDIA BROADCASTS 711110 10997966 10997966 YADP/NATLCNCLCNCRT/OTHER 711110 144614 144614 11142580 2198749 -581 2199330 8397 8397 204265445 195241361 9024084 9024084 9024084 9975 4604328 174144 -164169 -164169 998987 429068 569919 550224 19695 CONCESSIONS 900099 480706 480706 OTHER 900099 138381 138381 619087 163754215 11831185 19114 11548348 481810 481810 66850 66850 3837627 331926 3132601 373100 43082708 34628378 4256203 4198127 10923562 9693873 732368 497321 21975582 20287423 591174 1096985 4132696 3495961 339366 297369 3125151 572008 2553143 309571 309571 80650 80650 136734 136734 3101880 3101880 3697506 3138262 504970 54274 546608 537593 4361 4654 2485495 795698 181992 1507805 2533304 687156 1499966 346182 37072 37072 3947681 3939783 7269 629 288223 226047 59969 2207 5073856 5073856 5157667 5125189 32478 1648722 1361771 286951 TRANSMISSION/TV/RADIO 7479358 7478633 725 PRODUCTION EQUIP,MATLS, 3548027 3355751 192276 OTHER (INCL BAD DEBT EX 2486867 164411 203466 2118990 TRUCKING & STORAGE 1800449 1632541 150508 17400 131985656 98038136 23214368 10733152 7012515 18186524 100003001 96294856 8171306 10264295 987893 779580 15849217 19573745 178618443 101206014 70350756 77412429 84474895 114645967 187223288 219464310 8679255 21624713 482752126 578246419 26129684 23706446 22871843 23623841 57000000 57000000 86170062 83857540 212768173 149629847 404939762 337817674 X -294786327 -227882051 372598691 468310796 77812364 240428745 482752126 578246419 X 31768559 62647889 68199933 X 0 1 X 1 1 1 X 145617156 148997517 174316885 185818328 140355568 795105454 145617156 148997517 174316885 185818328 140355568 795105454 29766616 765338838 2507000 2550645 5118354 11514646 2207146 23897791 579165 579165 1939285 2305346 2014901 1466258 619087 8344877 827927287 488479994 0.92440 0.92340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LIST RENTAL - 2016 AMOUNT: $ 11,906. 2017 AMOUNT: $ 19,832. 2018 AMOUNT: $ 8,847. OTHER - 2016 AMOUNT: $ 424,315. 2017 AMOUNT: $ 808,653. 2018 AMOUNT: $ 504,461. 2019 AMOUNT: $ 427,055. 2020 AMOUNT: $ 138,381. CONCESSIONS - 2016 AMOUNT: $ 1,503,064. 2017 AMOUNT: $ 1,476,861. 2018 AMOUNT: $ 1,501,593. 2019 AMOUNT: $ 1,039,203. 2020 AMOUNT: $ 480,706. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 82714 82714 82714 82714 97955422 99505555 98038136 99588269 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 2000000 3000000 31149 82714 113863 250000 250000 500000 750000 PART II-A, LINE 1 MEMBERS OF THE AFFILIATED GROUP INCLUDE: 1) METROPOLITAN OPERA ASSOCIATION, INC. 30 LINCOLN CENTER NEW YORK, NY 10023-6980 EIN 13-1624087 LOBBYING EXPENSES $82,714 (METROPOLITAN OPERA ASSOCIATION, INC. MADE THE ELECTION UNDER 501(H)). 2) METROPOLITAN OPERA ENDOWMENT TRUST / CENTENNIAL FUND ENDOWMENT TRUST 30 LINCOLN CENTER NEW YORK, NY 10023-6980 EIN 13-6071129 LOBBYING EXPENSES $0 (METROPOLITAN OPERA ENDOWMENT TRUST DID NOT MAKE THE ELECTION UNDER 501(H)). PART II-A, LINE 2 THE FIRST YEAR THAT THE ORGANIZATION HAD A 501(H) ELECTION IN EFFECT WAS THE FISCAL YEAR ENDED JULY 31, 2020. THEREFORE, THE ORGANIZATION IS NOT REQUIRED TO COMPLETE ALL FIVE COLUMNS ON LINE 2. 263674994 3907590 73355018 133484 11642778 2202936 326958403 248763206 11525000 17740124 134962 12489360 1729014 263674994 240161784 14330000 7415673 142706 11963590 1037955 248763206 234518411 5001416 14672157 147327 11860673 2022201 240161784 212424014 4911965 29430511 160066 11441934 646079 234518411 1.00000 0 1 1 80000 80000 1603936 1603936 0 95543808 52833378 42710430 81390699 46768700 34621999 77412429 ABSOLUTE RETURN 32267287 F GLOBAL EQUITIES OTHER 70524834 F GLOBAL EQUITY LP 42954588 F LONG/SHORT EQUITY 33076904 F PRIVATE EQUITY 33144687 F CREDIT 7114147 F REINSURANCE ABSOLUTE RETURN 381863 F 219464310 ACCRUED BOND INTEREST PAYABLE 1214750 FIN 47 ACCRUED EXPENSES 400000 MEDICAL CLAIMS ACCRUAL 1174832 OTHER LIABILITIES 3966610 SPLIT-INTEREST LIABILITIES 1987689 PENSION OBLIGATION 121998628 WORKERS COMPENSATION LIABILITY 7979360 LEASE LIABILITIES 10907978 149629847 X PART V, LINE 4: THE FUNDS SUPPORT OPERATING AND OTHER ACTIVITIES IN ACCORDANCE WITH DONOR RESTRICTIONS. PART X, LINE 2: THE MET IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IMPRESARIO, LLC IS CONSIDERED A DISREGARDED ENTITY FOR TAX PURPOSES. MANAGEMENT BELIEVES THAT THE MET WILL CONTINUE TO BE EXEMPT FROM TAXES AND THAT THE MET HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. 1 CENTRAL AMERICA / CARIBBEAN 0 0 INVESTMENTS INVESTMENTS 198896836 EUROPE 0 0 PROGRAM SERVICES RECITALS 8315221 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES HD MOVIES EUROPE 0 0 PROGRAM SERVICES HD MOVIES SOUTH AMERICA 0 0 PROGRAM SERVICES HD MOVIES RUSSIA/INDEPENDENT STATES 0 0 PROGRAM SERVICES HD MOVIES CENTRAL AMERICA / CARIBBEAN 0 0 PROGRAM SERVICES HD MOVIES SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES HD MOVIES MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES HD MOVIES NORTH AMERICA 0 0 PROGRAM SERVICES HD MOVIES EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES CONSULTING 19893 EAST ASIA & THE PACIFIC 13 15 PROGRAM SERVICES AWARDS 53350 NORTH AMERICA 9 14 PROGRAM SERVICES AWARDS 12500 EUROPE 1 1 PROGRAM SERVICES AWARDS 1000 EUROPE 0 1 PROGRAM SERVICES ARTISTIC CONSULTING 50000 0 0 23 32 23 32 207212057 136743 207348800 MRS. EDGAR TOBIN AWARDS EAST ASIA & THE PACIFIC 3 2400 CHECK MRS. EDGAR TOBIN AWARDS NORTH AMERICA 1 800 CHECK NATIONAL COUNCIL FINALIST AWARDS EAST ASIA & THE PACIFIC 1 10000 CHECK NATIONAL COUNCIL REGIONAL AWARDS EAST ASIA & THE PACIFIC 18 18450 CHECK NATIONAL COUNCIL REGIONAL AWARDS EUROPE 1 1000 CHECK NATIONAL COUNCIL REGIONAL AWARDS NORTH AMERICA 13 9200 CHECK NATIONAL COUNCIL SEMI-FINAL AWARDS EAST ASIA & THE PACIFIC 1 2500 CHECK NATIONAL COUNCIL SEMI-FINAL AWARDS NORTH AMERICA 1 2500 CHECK NATIONAL COUNCIL WINNER AWARDS EAST ASIA & THE PACIFIC 1 20000 CHECK 1 0 1 1 1 0 PART I, LINE 2: NATIONAL COUNCIL WINNER AWARDS: CASH PRIZES IN THE AMOUNT OF $20,000 EACH, AWARDED TO THE NATIONAL WINNERS OF THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION. NATIONAL COUNCIL FINALIST AWARDS: CASH PRIZES IN THE AMOUNT OF $10,000 EACH, AWARDED TO CONTESTANTS IN THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION WHO ADVANCE TO THE FINAL ROUND BUT ARE NOT NAMED WINNERS. NATIONAL COUNCIL SEMI-FINALIST AWARDS: CASH PRIZES IN THE AMOUNT OF $2,500 EACH, AWARDED TO CONTESTANTS IN THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION WHO ADVANCE TO THE SEMI-FINAL ROUND BUT NOT FURTHER. MRS. EDGAR TOBIN AWARDS: CASH PRIZES IN THE AMOUNT OF $800 EACH, AWARDED TO CONTESTANTS IN THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION WHO WIN FIRST PLACE AT THE REGION LEVEL, THEREBY ADVANCING TO THE SEMI-FINAL ROUND; THE TOBIN ENDOWMENT OF SAN ANTONIO, TX PROVIDES THE MET FUNDING FOR THESE CASH PRIZES EACH SEASON. NATIONAL COUNCIL REGIONAL AWARDS: CASH PRIZES OF VARIOUS AMOUNTS AWARDED TO REGIONAL CONTESTANTS. PART III ACCOUNTING METHOD: X X X X X X X 1 THE STELTER COMPANY 10435 NEW YORK AVENUE DES MOINES IA 50322 CULTIVATE DONORS 0 2901615 136734 2764881 2901615 136734 2764881 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC NEW YEAR'S EVE VIRTUAL GALA 2626890 2616915 9975 6535 ON STAGE VIRTUAL GALA 1265633 1265633 99884 23072 1 721780 721780 36252 8401 4614303 4604328 9975 136136 38008 174144 -164169 1 NATIONAL COUNCIL WINNER AWARDS 4 80000 NAT'L COUNCIL FINALIST AWARDS 4 40000 NATIONAL COUNCIL SEMI-FINAL AWARDS 11 27500 MRS. EDGAR TOBIN AWARDS 19 15200 NATIONAL COUNCIL REGIONAL AWARDS 309 245610 EDUCATION FUND AWARDS 5 12500 NATIONAL COUNCIL ENDOWMENT AWARDS 1 1000 BEVERLY SILLS ARTIST AWARD 5 50000 HILDEGARD BEHRENS AWARD 1 10000 PART I, LINE 2: NATIONAL COUNCIL WINNER AWARDS: CASH PRIZES IN THE AMOUNT OF $20,000 EACH, AWARDED TO THE NATIONAL WINNERS OF THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION. NATIONAL COUNCIL FINALIST AWARDS: CASH PRIZES IN THE AMOUNT OF $10,000 EACH, AWARDED TO CONTESTANTS IN THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION WHO ADVANCE TO THE FINAL ROUND BUT ARE NOT NAMED WINNERS. NATIONAL COUNCIL SEMI-FINALIST AWARDS: CASH PRIZES IN THE AMOUNT OF $2,500 EACH, AWARDED TO CONTESTANTS IN THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION WHO ADVANCE TO THE SEMI-FINAL ROUND BUT NOT FURTHER. MRS. EDGAR TOBIN AWARDS: CASH PRIZES IN THE AMOUNT OF $800 EACH, AWARDED TO CONTESTANTS IN THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION WHO WIN FIRST PLACE AT THE REGION LEVEL, THEREBY ADVANCING TO THE SEMI-FINAL ROUND; THE TOBIN ENDOWMENT OF SAN ANTONIO, TX PROVIDES THE MET FUNDING FOR THESE CASH PRIZES EACH SEASON. NATIONAL COUNCIL REGIONAL AWARDS: CASH PRIZES OF VARIOUS AMOUNTS AWARDED TO REGIONAL CONTESTANTS. EDUCATION FUND AWARDS: GRANTS OF UP TO $5,000 EACH, AWARDED TO CONTESTANTS IN THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION WHO REACH THE SEMI-FINAL ROUND OR FURTHER AND DEMONSTRATE IMPROVED SKILLS IN A FOLLOW-UP AUDITION; EACH ELIGIBLE CONTESTANT MAY BE GRANTED A TOTAL OF UP TO $5,000 UPON MULTIPLE HEARINGS WITHIN THREE YEARS FROM WHEN THE CONTESTANT COMPETED IN THE NATIONAL COUNCIL AUDITIONS SEMI-FINALS. NATIONAL COUNCIL ENDOWMENT AWARDS: ENDOWMENT FUNDS DESIGNATED TO ASSIST WITH PRIZE MONEY AT THE REGION LEVEL OF THE MET'S NATIONAL COUNCIL AUDITIONS COMPETITION. BEVERLY SILLS ARTIST AWARD: AN AWARD UP TO A MAXIMUM OF $50,000 IS GIVEN TO A RECIPIENT WHO MUST BE SELECTED FROM THE MET'S ROSTER DURING THE CURRENT OR FORTHCOMING OPERA SEASON, WHO ARE CITIZENS OF THE UNITED STATES AND BETWEEN THE AGES OF 25 AND 40. HILDEGARD BEHRENS AWARD: THE RECIPIENT OF THE HILDEGARD BEHRENS PRIZE IS SELECTED BY THE ADMINISTRATION OF THE LINDEMANN YOUNG ARTIST DEVELOPMENT PROGRAM WHO LOOKS FOR GIFTED SINGERS, KEEPING IN MIND THE ARTISTIC IDEALS THAT MISS BEHRENS EXEMPLIFIED IN HER EXTRAORDINARY CAREER. X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 PETER GELB GENERAL MANAGER (SEE NOTE) 293596 0 0 0 1037464 0 832440 0 47213 0 2210713 0 1000000 0 YANNICK NEZET-SEGUIN MUSIC DIRECTOR 662013 0 0 0 270 0 12406 0 24523 0 699212 0 0 0 ROBERT SIRINEK ORCHESTRA MANAGER 330632 0 0 0 3708 0 211286 0 26919 0 572545 0 0 0 DONALD PALUMBO CHORUS MASTER 421685 0 0 0 8652 0 56289 0 54776 0 541402 0 0 0 JAMES BLUMENFELD PROPERTY MASTER 14338 0 0 0 313132 0 52272 0 37259 0 417001 0 0 0 PHILIP VOLPE ELC DPT HD/MASTER ELECTRIC 303946 0 0 0 414 0 63036 0 35131 0 402527 0 0 0 CORALIE TOEVS ASST GEN MGR, DEVELOPMENT 283528 0 0 0 6337 0 82517 0 22013 0 394395 0 0 0 JOHN SELLARS ASST GEN MGR, PRODUCTION 286734 0 0 0 2234 0 10968 0 46601 0 346537 0 0 0 DIANA FORTUNA DEPUTY GM/CFO/ASST TREASURER 235114 0 0 0 1874 0 23611 0 49201 0 309800 0 0 0 HENRY A LANMAN GENERAL COUNSEL/ASST SECRE 245443 0 0 0 596 0 10254 0 46214 0 302507 0 0 0 PART I, LINE 1A THE AMOUNT REPORTED IN SCHEDULE J, PART II, BOX (B)III FOR THE GENERAL MANAGER INCLUDES TAXABLE INCOME IN RELATION TO THE CAR AND DRIVER AND LIFE INSURANCE HE IS PROVIDED. SOME OF HIS BUSINESS TRAVEL IS VIA FIRST-CLASS AIRFARE, CONSISTENT WITH BOARD POLICY. AS THIS TRAVEL IS BUSINESS RELATED, IT IS NOT TAXABLE COMPENSATION. PART I, LINE 4B AT THE START OF THE COVID-19 PANDEMIC IN MARCH 2020 AND FOR THE BALANCE OF CALENDAR YEAR 2020, THE GENERAL MANAGER DID NOT ACCEPT SALARY FROM THE MET. IN LIEU OF SALARY, HE TOOK A VESTED DISTRIBUTION OF $1 MILLION FROM HIS DEFERRED COMPENSATION RETIREMENT PLAN. THAT $1 MILLION AMOUNT WAS REPORTED AS DEFERRED COMPENSATION ON PRIOR 990 RETURNS. THE AMOUNT REPORTED ON SCHEDULE J, PART II, LINE 1, COLUMN C, INCLUDES A TWELVE-MONTH ACCRUAL AS OF DECEMBER 31, 2020 OF $807,197 WITH RESPECT TO THAT PLAN. THE GENERAL MANAGER HAS NOT RECEIVED THESE FUNDS. THE PLAN, WHICH IS A NON-VESTED NON-QUALIFIED DEFERRED COMPENSATION ARRANGEMENT OF A TYPE SIMILAR TO THE RETIREMENT ARRANGEMENT FOR THE PRIOR GENERAL MANAGER, WAS INITIATED ON JULY 31, 2012, AND FULLY FUNDED BY A DONOR GIFT. PART I, LINE 4A DURING CALENDAR YEAR 2020 JAMES BLUMENFELD RECEIVED SEPARATION PAYMENTS OF $122,018. X 2 1900000 FMV X 173 3469939 FMV 0 1 0 SCHEDULE M, PART I, COLUMN (B) THE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THERE ARE NO DIFFERENCES OF CLASS AMONG MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS HAVE THE RIGHT TO ELECT THE GOVERNING BODY OF THE ORGANIZATION, AND ALL MEMBERS HAVE AN EQUAL VOTE IN SUCH ELECTION. FORM 990, PART VI, SECTION A, LINE 7A METROPOLITAN OPERA ASSOCIATION, INC. WAS INCORPORATED IN 1932 UNDER THE MEMBERSHIP CORPORATION LAW OF NY. ITS MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY MANAGEMENT. IT WAS REVIEWED BY MANAGEMENT AND EXTERNAL TAX ADVISORS. THE FORM 990 - COMPLETE WITH ALL REQUIRED SCHEDULES INCLUDING SCHEDULE B - WAS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD FOR ITS APPROVAL, WHICH WAS GIVEN. PRIOR TO FILING, THE FORM 990 WAS THEN MADE AVAILABLE TO THE FULL BOARD BY A SECURE WEBSITE, WITH THE EXCEPTION OF SCHEDULE B, IN ORDER TO RESPECT THE WISHES OF DONORS WHO WANT TO REMAIN ANONYMOUS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURE FORMS ARE COMPLETED ANNUALLY BY MANAGING DIRECTORS, OFFICERS AND KEY EMPLOYEES AND PROVIDED TO AND REVIEWED BY THE OFFICE OF THE GENERAL COUNSEL. ANY INTERESTED PERSON MAY NOT PARTICIPATE IN THE DELIBERATION, DECISION, OR VOTE REGARDING THE CONTRACT OR OTHER TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A THE COMPENSATION COMMITTEE, CONSISTING OF FIVE INDEPENDENT MANAGING DIRECTORS, MUST ASSESS AND APPROVE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. A COMPENSATION CONSULTANT IS HIRED AND COMPARISONS OF COMPENSATION OF PEER ORGANIZATIONS ARE ANALYZED. THE PROCESS OF DELIBERATION IS CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS IS CONDUCTED ANNUALLY, MOST RECENTLY AT THE MEETING OF THE COMPENSATION COMMITTEE ON JUNE 25, 2021. LINE 15B THE COMPENSATION COMMITTEE, CONSISTING OF FIVE INDEPENDENT MANAGING DIRECTORS, MUST ASSESS AND APPROVE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. COMPARISONS OF COMPENSATION OF PEER ORGANIZATIONS ARE ANALYZED, AND THE PROCESS OF DELIBERATION IS CONTEMPORANEOUSLY DOCUMENTED. THE PROCESS IS CONDUCTED ANNUALLY, MOST RECENTLY AT THE MEETING OF THE COMPENSATION COMMITTEE ON JUNE 25, 2021. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. BOARD MEMBERS IN COMMON WITH THE TRUST CHRISTINE F. HUNTER JAMES W. KINNEAR FRAYDA B. LINDEMANN WILLIAM C. MORRIS ANN ZIFF TOD JOHNSON FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST 2,555,534. PENSION PLAN CHANGES 65,818,628. CGA UNREALIZED GAINS/LOSSES -174,229. 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