2022-01-18T10:09:10-06:00 2021-08-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2020-09-01 391789514 MADISON OPERA INC MADI 6082388085 335 W MIFFLIN ST MADISON WI 537032513 KATHRYN SMITH GENERAL DIRECTOR 6082388085 2022-01-17 1 KATHRYN SMITH 999009999 SCOTT HAUMERSEN CPA P00084908 6082744020 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHRYN SMITH 335 W MIFFLIN ST MADISON WI 537032513 2139345 0 X MADISONOPERA.ORG X 1994 WI THE MISSION OF MADISON OPERA IS TO PRODUCE OPERAS OF THE HIGHEST ARTISTIC STANDARDS. 34 34 8 75 -5779 0 1468592 1894805 293757 14958 748 425 50248 23698 1813345 1933886 0 0 0 0 434530 444938 0 0 136656 1245821 679401 1680351 1124339 132994 809547 2247603 3146994 515617 586559 1731986 2560435 THE MISSION OF MADISON OPERA IS TO PRODUCE OPERAS OF THE HIGHEST ARTISTIC STANDARDS. 0 0 759833 0 10000 DURING THE 2020-21 SEASON, MADISON OPERA PRODUCED 40 DIGITAL PROGRAMS OVER NINE MONTHS, RANGING FROM RECITALS TO LECTURES, ROUNDTABLES, AND SPECIAL PROJECTS. THE SEASON ENDED WITH AN IN-PERSON PERFORMANCE OF OPERA IN THE PARK, WHICH WAS ALSO SHARED ONLINE. 1527 0 4175 MADISON OPERA HELD VARIOUS EDUCATION AND ENGAGEMENT PROGRAMS DURING THE YEAR, SOME ON-LINE AND SOME IN PERSON. THESE INCLUDED THE HIGH SCHOOL APPRENTICE PROGRAM; OPERA UP CLOSE PRESENTATIONS; AND OPERA NOVICE PRESENTATIONS. 761360 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 77 0 8 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X JENNIFER FENSTER 6082388085 335 W MIFFLIN ST MADISON WI 537032513 SHARYN STUMPF SECRETARY 1.00 X X 0 0 0 PEYTON ENGEL VICE PRESIDENT 1.00 X X 0 0 0 SUSAN ZAESKE VICE PRESIDENT 1.00 X X 0 0 0 JOHN LEMKE PRESIDENT 1.00 1.00 X X 0 0 0 THOMAS TERRY CHAIRMAN 1.00 1.00 X X 0 0 0 CONNIE KINSELLA TREASURER 1.00 1.00 X X 0 0 0 CARLA ALVARADO TRUSTEE 1.00 X 0 0 0 MARTIN BARRETT TRUSTEE 1.00 1.00 X 0 0 0 GARY BENNETT TRUSTEE 1.00 X 0 0 0 VIKI BRIGHAM TRUSTEE 1.00 X 0 0 0 JOHN BUSCEMI TRUSTEE 1.00 X 0 0 0 MARTHA CASEY TRUSTEE 1.00 X 0 0 0 LEANNE CORDISCO TRUSTEE 1.00 X 0 0 0 DAVID FLANDERS TRUSTEE 1.00 X 0 0 0 BRIAN HALTINNER TRUSTEE 1.00 X 0 0 0 BRANDON HAYES TRUSTEE 1.00 X 0 0 0 JOYCE HIRSCH TRUSTEE 1.00 1.00 X 0 0 0 STEPHEN HURLEY TRUSTEE 1.00 X 0 0 0 R ROTH JUDD TRUSTEE 1.00 X 0 0 0 FRAN KLOS TRUSTEE 1.00 X 0 0 0 FRANZO LAW II TRUSTEE 1.00 X 0 0 0 SUSAN LIPP TRUSTEE 1.00 X 0 0 0 PATTI LUCAS TRUSTEE 1.00 X 0 0 0 PETE LUNDBERG TRUSTEE 1.00 X 0 0 0 CONNIE MAXWELL TRUSTEE 1.00 1.00 X 0 0 0 MICHAEL MCARDLE TRUSTEE 1.00 X 0 0 0 SONJA MICKSCH TRUSTEE 1.00 X 0 0 0 SALLY MILEY TRUSTEE 1.00 1.00 X 0 0 0 J MARSHALL OSBORN TRUSTEE 1.00 1.00 X 0 0 0 DEEPIKA RAJESH TRUSTEE 1.00 X 0 0 0 CHARLES SNOWDON TRUSTEE 1.00 X 0 0 0 J ASHLEY TAYLOR TRUSTEE 1.00 X 0 0 0 TOBY WALLACH TRUSTEE 1.00 X 0 0 0 AILEEN JENSEN LIFE TRUSTEE 1.00 X 0 0 0 KATHRYN SMITH GENERAL DIRECTOR 60.00 X 102866 0 14972 102866 0 14972 1 0 0 0 0 11680 82471 543173 1257481 16953 1894805 TICKET SALES 711110 14175 14175 PLAYBILL AD SALES 541800 783 783 14958 425 425 20837 187847 0 193809 20837 -5962 14875 -6562 21437 11249 11680 8604 2645 2645 3762 3046 716 716 5462 5462 5462 1933886 14175 -5779 30685 X 123985 61324 35278 27383 276043 136533 78544 60966 5445 2693 1549 1203 13199 6528 3756 2915 26266 12991 7474 5801 15255 15255 444913 444913 17715 17715 60659 28663 18260 13736 59380 29690 17814 11876 4433 4433 40620 20310 12186 8124 TAXES 19648 19648 DUES AND FEES 12126 12126 DONOR CULTIVATION 4652 4652 1124339 761360 226323 136656 8051 817208 169410 216850 14637 15329 30020 55929 2504806 669435 1895387 1835371 111356 184068 13702 17199 5040 5040 2247603 3146994 63641 94794 99096 199369 310977 198896 41903 93500 515617 586559 X 1020785 1358944 711201 1201491 1731986 2560435 2247603 3146994 809547 18902 0 X 0 1 X 1 0 X 1057356 1305294 1672599 1468592 1894805 7398646 1057356 1305294 1672599 1468592 1894805 7398646 904035 6494611 891 1017 21737 21178 21862 66685 66721 63395 70335 26965 227416 7692747 2033717 0.84430 0.75560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 92500 92500 2323370 590393 1732977 88936 79042 9894 1835371 PAYCHECK PROTECTION PROGRAM LOAN 93500 93500 2206847 18902 48600 67502 2139345 -205459 -205459 1933886 1378398 48600 205459 254059 1124339 0 1124339 PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -193,809. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -8,604. COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B -3,046. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 193,809. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 8,604. COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B 3,046. PRELUDE DINNER 22929 11680 11249 8421 183 22929 11680 11249 8421 183 8604 2645 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE PREPARED FORM 990 IS MADE AVAILABLE TO THE BOARD FOR REVIEW AND IS ALSO REVIEWED AND APPROVED BY THE ORGANIZATION'S GENERAL DIRECTOR AND DIRECTOR OF FINANCE BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OF ITS TRUSTEES AND OFFICERS, WHO ARE CONSIDERED INTERESTED PERSONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON MUST LEAVE THE MEETING OF THE GOVERNING BODY WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE GOVERNING BODY WILL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. ALL TRUSTEES AND OFFICERS MUST ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S GOVERNING BODY REGULARLY CONDUCTS A PERFORMANCE REVIEW OF THE ORGANIZATION'S GENERAL DIRECTOR. THE GOVERNING BODY REVIEWS COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS IN DETERMINING THE GENERAL DIRECTOR'S COMPENSATION. THE GENERAL DIRECTOR'S COMPENSATION IS APPROVED BY THE MEMBERS OF THE GOVERNING BODY WITH AN OFFICIAL VOTE THAT IS DOCUMENTED IN THE MINUTES OF THE MEETINGS OF THE GOVERNING BODY. THIS PROCESS WAS LAST UNDERTAKEN IN JUNE 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OPERA PRODUCTION FEES: PROGRAM SERVICE EXPENSES 444,913. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 444,913. MADISON OPERA FOUNDATION INC 335 W MIFFLIN ST MADISON WI 537032513 392021767 SUPPORTING ORGANIZATION OF MADISON OPERA INC. WI 501(C)(3) LINE 12B, II MADISON OPERA INC 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 1 0 0 MADISON OPERA FOUNDATION C 82471 BOOK VALUE MADISON OPERA FOUNDATION E 198000 BOOK VALUE