2022-07-07T21:34:12-07:00 2021-08-31 990 2020-09-01 750945915 FORT WORTH OPERA ASSOCIATION INC FORT 8177310833 505 Pecan Street Suite 100 Fort Worth TX 76102 Afton Battle General Director 8173003626 2022-07-08 1 11 1 AAL2 2020 2022-09-23 18:48:47Z Afton Battle 505 Pecan Street Suite 100 Fort Worth TX 76102 1862181 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. 24 24 21 32 0 0 1577174 1822202 79281 39916 88 63 -10128 0 1646415 1862181 0 0 0 0 768638 660305 0 0 205836 1001888 797825 1770526 1458130 -124111 404051 459340 969586 600992 707187 -141652 262399 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 410444 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 this reporting year of 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. In doing so, we were able to continue to employ the artists and our staff, as well engage Opera enthusiasts across the nation. 100000 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. Due to the COVID 19 pandemic, this year they performed in a mostly virtual environment, enabling us to continue bringing Opera in a virtual platform to children and adults alike. 264036 0 Children's Opera Theatre, in existence for over thirty years, reaches over 30,0000 students each year in the Dallas-Fort Worth Metroplex. Due to the COVID-19 pandemic, the production for the 2020-2021 school year was Stone Soup, performed live in FY20 but recorded and performed virtually for FY21. Additionally, this department expanded and repositioned itself to include Civic Impact and Engagement. Fueled by the changes brought on by the pandemic, this allowed us to perform Stone Soup live, out of doors and socially distanced, at events where both adults and children were gathered. 0 0 0 774480 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 51 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X X Afton Battle 8177310833 505 Pecan Street Suite 100 Fort Worth TX 76102 Ms Afton Battle General Director Hired 9-1-2020 40 0 X 58694 0 2582 Ms Mary Goosens CFO Consulting 20 0 X 30000 0 0 Mrs Jill Fischer Chairman Emeritus 1 0 X 0 0 0 Mr David Bucher Trustee 1 0 X 0 0 0 Nicole Duvall Trustee 1 0 X 0 0 0 John Forestner Trustee 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 Dr Ryan Krause Trustee 1 0 X 0 0 0 Mr Joseph Lesley Trustee 1 0 X 0 0 0 Mr Bond Malone Trustee 1 0 X 0 0 0 Mr Guy Manning Trustee 1 0 X 0 0 0 Bill Massad Trustee 1 0 X 0 0 0 Mary Pencis Trustee 1 0 X 0 0 0 Vernon Rew Trustee 1 0 X 0 0 0 Ed Schollmaier Trustee 1 0 X 0 0 0 Mr John O Sutton Jr Trustee 1 0 X 0 0 0 Keon Anderson Trustee-Added 06/2021 1 0 X 0 0 0 Ashley Lacamp Trustee-Added 06/2021 1 0 X 0 0 0 Katherine Polenz Trustee-Added 06/2021 1 0 X 0 0 0 Ebony Rose Trustee-Added 06/2021 1 0 X 0 0 0 Hayne Shumate Trustee-Added 06/2021 1 0 X 0 0 0 Mrs Kristen Lindsay Trustee-Resigned 06/2021 1 0 X 0 0 0 Mrs Rita V O'Farrell Trustee-Resigned 06-2021 1 0 X 0 0 0 Mrs J o Ann Patton Trustee-Resigned 06-2021 1 0 X 0 0 0 G Whitney Smith Vice Chairman-Resigned 06-2021 1 0 X 0 0 0 Dr Nelson E Claytor President / Chairman 1 0 X 0 0 0 Mr Michael Martinez Secretary 1 0 X 0 0 0 Barbara Jordan Treasurer 1 0 X 0 0 0 88694 0 2582 0 0 0 0 0 0 0 0 0 349944 1472258 0 1822202 Tickets 711110 31728 31728 0 0 Performance Fees 711110 8188 8188 0 0 0 0 0 0 39916 63 63 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1862181 39979 0 0 X 0 0 0 0 0 0 0 0 137290 27458 54916 54916 0 0 0 0 399795 164265 193500 42030 0 0 0 0 75177 17706 47990 9481 48043 16757 22649 8637 0 0 0 0 3261 0 3261 0 30000 0 30000 0 0 0 0 0 0 0 0 0 0 0 344743 259722 23396 61625 21875 21875 0 0 8722 3826 3923 973 52625 20505 25507 6613 15000 15000 0 0 143538 84168 47147 12223 11378 11105 217 56 0 0 0 0 0 0 0 0 286 0 286 0 0 0 0 0 71095 66919 3656 520 36503 13937 17920 4646 Education - Misc Production Costs 23864 23864 0 0 Development-Cultivation Costs 3966 0 0 3966 Scenery, Costumes, Lighting 27373 27373 0 0 3596 0 3446 150 1458130 774480 477814 205836 230646 822814 54350 90968 69080 21635 506067 471898 105264 34169 459340 969586 102158 60150 0 187327 170630 0 0 0 0 0 311507 476407 600992 707187 X -166652 145762 25000 116637 -141652 262399 459340 969586 404051 0 0 0 0 0 X X 0 0 0 X 2701841 2050555 2223619 1412274 1468950 9857239 750830 405601 624200 79281 39916 1899828 3452671 2456156 2847819 1491555 1508866 11757067 1139150 934336 999752 407825 1079827 4560890 15374 34929 0 0 50303 1154524 969265 999752 407825 1079827 4611193 7145874 9887 9956 4719 130 24692 9887 9956 4719 0 130 24692 0 35120 39840 0 74960 3462558 2501232 2892378 1491555 1508996 11856719 0.60269 0.66250 0.00208 0.00217 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 295691 364656 -15339 0 0 0 645008 0 0.65 0.35 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 506067 471898 34169 0 0 0 0 34169 Loan Received from FWO Endowment 311507 SBA PPP2 Loan - Forgiveness Underway and Expected 164900 476407 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 director fees, Choreographer fees, stage rentals, as well as the contracted artists. Form 990, Part XII, Line 2b The supporting audit report for this 2020 Form 990 is in the beginning phases. During this process, no significant changes to the financial information presented in this 2020 Form 990 is expected. If there is a material change, an amended 2020 Form 990 will be submitted to the IRS. Fort Worth Opera Endowment 505 Pecan Street Fort Worth TX 76102 452831814 Endowment TX N/A C 100 100 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Fort Worth Opera Endowment e 311507 Loan Agreement