2021-06-22T11:53:22-07:00 2020-08-31 990 2019-09-01 510145980 UTAH SYMPHONY & OPERA UTAH 8015335626 123 West South Temple Salt Lake City UT 84101 Steve Hogan VP Finance/CFO 8018699057 2021-04-30 2019 2022-09-23 18:48:47Z Utah Symphony l Utah Opera UTAH SYMPHONY & OPERA 123 West South Temple Salt Lake City UT 84101 19002327 0 X usuo.org X 1975 UT Connect the community through great live music. To perform. To engage. To inspire. We do this by serving the people of our state and beyond as the premier provider of the orchestral and operatic art forms. Our orchestral performances span the traditions of the past and challenge what is possible in the future. We offer opera productions that showcase emerging and established artists, celebrate traditional opera, and champion the American operatic tradition. Each summer in Park City we present a variety of musical experiences in Utah's casual mountain lifestyle at the Deer Valley Music Festival. We lead in arts education and promote life-long learning through the arts. We serve as a catalyst for innovation, advocacy, and impact in our state. We truly believe that providing our neighbors, children, friends, and others in our state with high-caliber, live music experiences helps make Utah a great place to live. 57 51 574 248 0 0 17931251 12799160 7924981 4080531 1531575 1909452 101780 55138 27489587 18844281 0 0 0 0 15107419 12913828 0 0 929547 8214150 5239935 23321569 18153763 4168018 690518 47405494 49887309 4704050 4352136 42701444 45535173 X Mission - Connect the community through great live music. Vision - Perform, engage, inspire. The artistic leadership of the organization is committed to representing a broad range of musical styles, including traditional works, contemporary pieces, and new commissions to add to the canon of classical music. Community investment in Utah Symphony | Utah Opera strengthens our economy and enhances our quality of life. Utahns have long recognized that a person's quality of life rests, in part, on the community's commitment to the arts to inspire the human spirit and motivate the betterment of mankind. Over the years, Utah has experienced growth and prominence and continues to become established as a hub for business innovation and scientific research in the United States. Utah Symphony | Utah Opera stands as an influential cultural leader that is often cited by companies as an attraction for a successful and talented workforce to the region. 0 1 10789217 0 3522051 Code 711130 SYMPHONIC CONCERTS - The Utah Symphony was founded during the Great Depression as a Works Progress Administration orchestra under Roosevelt's New Deal. Today, the Utah Symphony is the premiere orchestra in the Intermountain West and one of only fifteen year-round orchestras in the nation. This ranking compares favorably to Utah's rank of 30th among states in population size. Due to COVID-19, the Utah Symphony presented only 60 concerts at Abravanel Hall and in communities throughout Utah, reaching approximately 86,477 during the season. A variety of programs are offered featuring some of the industry's most illustrious artists in performance with the Utah Symphony in programs ranging from Classical Symphonies, to Jazz, to Pops. Please see utahsymphony.org for more information. The Utah Symphony | Utah Opera's Education Program benefits Utah's children and is one of the largest in the country, reaching more than 63,310 students and 2,797 teachers annually. Through our education program offerings, each school in Utah is visited every three to five years. The reach of this programming is far greater than performing arts organizations in other metropolitan areas. In addition to visits to schools, the programs provide opportunities for students to attend performances, rehearsals, master classes, and other great learning events. The community at large is engaged regularly through various Outreach Programs. We present an annual performance for children with special needs and their families reaching nearly 200 families each year, an annual performance for the blind and visually impaired reaching up to 75 members of that community. Other services coordinated by our Education and Outreach Department include a variety of free lectures, internships, on-line learning courses, teacher re-licensure programs, and a Youth Symphony Festival. A stand-out among Utah Symphony | Utah Opera's projects is our local partnership with local museums, art galleries, libraries, film centers, performing arts groups, and scholars, the Festival provides our community opportunities to explore an artistic theme using all their senses. Utah Symphony | Utah Opera is engaged in valuable cooperative relationships with many other non-profit organizations that serve a variety of purposes, including The Road Home, Utah School Boards, Ballet West, Madeleine Cathedral Choir School, Children's Dance Theatre and Utah Shakespeare Festival. It is also notable that, through a close relationship with the communities it serves, Utah Symphony | Utah Opera is able to reinvest into Utah's economy. *The organization employs 421 individuals each year. *An estimated 93% of Utah Symphony | Utah Opera expenses are fed directly back into the local economy. *Economic development professionals concur that a vibrant symphony and opera are important criteria in attracting new businesses and skilled professionals to Utah. *Source: Salt Lake County Cultural Facilities Master Plan, AMS Consultants, December 2008. 3006161 0 508622 Code 711110 OPERA PERFORMANCES - Utah Opera performs in Salt Lake City's Capitol Theatre, reaching an audience of an estimated 9,983 during the season due to COVID-19. Utah Opera offers 12 performances of two mainstage productions each year, has a nationally-renowned costume shop, and features some of the top singers, directors, conductors, and designers from around the country. A Resident Artists program provides aspiring young singers an opportunity to refine their craft while performing secondary roles and singing in education and community outreach programs. Please see utahopera.org for more information. A prime example of the services we are able to render to the arts community is the value housed in the Utah Opera Production Studios. One of a kind facility, the Utah Opera Production Studios houses a team of artisans, designers, and skilled craftsmen who bring the art form of opera to life for Utah Opera and performing arts organizations around the world through its sets and costumes construction and rentals programs. The Utah Opera Production Studios bring the integration of all production activities of the Utah Symphony | Utah Opera to one resourceful location (Costume Shop & Rentals, Prop Studio, Scenic Shop & Scenic Studio, Set Storage, Assembly Bay, Rehearsal Hall) and allows the organization to utilize a business model which combines all aspects of both symphonic and operatic art forms. Production needs for performances at Abravanel Hall, the Capitol Theatre, and even the Deer Valley Music Festival can be designed and built with the resources found in this building. This has resulted in valuable cost savings and artistic synergy for the organization and the community. 51781 0 0 Code 711130 DEER VALLEY MUSIC FESTIVAL - Due to COVID-19 the Deer Valley Music Festival seventeenth season was postponed until 2021. Please see deervalleymusicfestival.org for more information. 1372963 0 0 Depreciation of Set Equipment - $134,783; Marketing - $629,654; Box Office - $405,304; Education - $180,186; Misc - $23,036 1372963 0 0 15220122 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 129 0 1 574 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 57 51 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 UT X Steve Hogan 8018699057 123 West South Temple Salt Lake City UT 84101 Paul Meecham President & CEO (Last Day November 7, 2019) 60 X X X 286562 0 92455 Madeline Adkins Concertmaster 40 0 X 201044 0 29732 David Green Senior VP & COO 40 0 X 131860 0 34010 Steve Hogan VP of Finance & CFO 40 0 X 121255 0 30301 Claude Halter Muscian 40 0 X 107519 0 27944 Mercedes Smith Musician 40 0 X 112098 0 22276 Kathryn Eberle Musician 40 0 X 110047 0 23186 Mark Davidson Muscian 40 0 X 109547 0 21572 Steven Brosvik CEO (Beginning Aug 17, 20) 40 0 X X 0 0 0 Patricia A Richards Interim CEO (April and May) / Lifetime Trustee 50 0 X 0 0 0 Julie Aiken Hansen Trustee 2 0 X 0 0 0 Jesselie Barlow Anderson Vice Chair 4 0 X 0 0 0 Doyle L Arnold Vice Chair 6 0 X 0 0 0 Judith M Billings Trustee 1 0 X 0 0 0 Doyle Clayburn Ex-officio, Utah Symphony Guild 2 0 X 0 0 0 John D'Arcy Treasurer 4 0 X 0 0 0 David Dee Trustee 4 0 X 0 0 0 Alex J Dunn Trustee 1 0 X 0 0 0 Julie Edwards Ex-officio, Musician 30 0 X 0 0 0 Brian Greeff Trustee 10 0 X 0 0 0 Dan Hemmert Trustee 1 0 X 0 0 0 Stephen Tanner Irish Trustee 1 0 X 0 0 0 Thomas N Jacobson Trustee 1 0 X 0 0 0 Annette W Jarvis Trustee 4 0 X 0 0 0 Mitra Kashanchi Trustee 1 0 X 0 0 0 Andrew Larson Ex-officio-Musician 30 0 X 0 0 0 Thomas M Love Board Chair 20 0 X 0 0 0 Abigail E Magrane Trustee 3 0 X 0 0 0 Brad W Merrill Trustee 1 0 X 0 0 0 Robin J Milne Trustee 3 1 X 0 0 0 Judy Moreton Trustee 3 0 X 0 0 0 Dinesh Patel Trustee 1 0 X 0 0 0 Frank R Pignanelli Trustee 1 0 X 0 0 0 Nancy Pinto Orton Ex-officio, Onstage Ogden 0.25 0 X 0 0 0 Gary B Porter Trustee 1.00 0 X 0 0 0 Jason Price Trustee (Elected March 24) 0.5 0 X 0 0 0 Shari H Quinney Trustee 1 0 X 0 0 0 Miguel R Rovira Trustee 1 0 X 0 0 0 Joanne F Shiebler Vice Chair 4 0 X 0 0 0 Mark Stratford Ex-officio, Onstage Ogden 0.75 0 X 0 0 0 Naoma Tate Trustee 1 0 X 0 0 0 Thomas Thatcher Trustee 1 0 X 0 0 0 James W Tozer Trustee 2 0 X 0 0 0 Astrid S Tuminez Trustee 1 0 X 0 0 0 David Utrilla Trustee 2 0 X 0 0 0 Kelly Ward Trustee 1 0 X 0 0 0 Kim R Wilson Trustee 3 0 X 0 0 0 Thomas Wright Trustee 4 0 X 0 0 0 Henry C Wurts Trustee 1 0 X 0 0 0 William Bailey Lifetime Trustee 0 0 X 0 0 0 Kem C Gardner Lifetime Trustee 4 0 X 0 0 0 Edwin Firmage Lifetime Trustee 0 0 X 0 0 0 Jon M Huntsman Jr Lifetime Trustee 0 0 X 0 0 0 G Frank Joklik Lifetime Trustee 1 0 X 0 0 0 Clark D Jones Lifetime Trustee 0 0 X 0 0 0 Herbert C Livsey Esq Lifetime Trustee 0 0 X 0 0 0 David T Mortensen Lifetime Trustee 0 0 X 0 0 0 Scott S Parker Lifetime Trustee 0 0 X 0 0 0 David A Petersen Lifetime Trustee 1 0 X 0 0 0 Harris Simmons Lifetime Trustee 0 0 X 0 0 0 Verl R Topham Lifetime Trustee 0 0 X 0 0 0 M Walker Wallace Lifetime Trustee 0 0 X 0 0 0 David B Winder Lifetime Trustee 1 0 X 0 0 0 Gary L Crocker Trustee 1 X 0 0 0 1179932 0 281476 9 1 1 0 Love Communications 546 S 200 W Salt Lake City UT 84101 Marketing 406811 Thierry Fischer 10 Avenue du Mervelet Geneva SZ 1209 Conductor 356021 Deer Valley Resort Co PO Box 1525 Park City UT 840601525 Venue 338766 ISAACSON MILLER INC 263 Summer Street Boston MA 02210 Executive Recruiters 137276 SALT LAKE MAILING AND PRINTING 1841 South Pioneer Road Salt Lake City UT 84104 Printing Services 130957 6 X 0 0 0 0 6417863 6381297 1256200 12799160 Performance Symphony 711130 3522051 3522051 0 0 Performance Opera 711110 508622 508622 0 0 Deer Valley Music Festival 711130 0 0 0 0 Miscellaneous Revenue 711110 49858 49858 0 0 0 0 0 0 4080531 1909452 0 0 1909452 0 0 0 0 0 0 0 0 0 213184 0 156596 0 56588 56588 0 0 56588 0 0 0 0 0 0 0 0 0 0 0 0 1450 -1450 0 -1450 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18844281 4080531 0 1964590 X 0 0 0 0 0 0 0 0 1441605 728042 413861 299702 8792307 8053352 411134 327821 708000 641470 31071 35459 1299305 1205313 33603 60389 672611 616081 31452 25078 59174 59174 0 0 1739681 1738061 1620 1244901 993597 168173 83131 44944 44944 76305 76305 250869 189802 61067 0 259926 258964 284 678 5671 5671 15489 15489 364887 134783 230104 78491 78491 Production 812904 659906 150990 2008 General Administration 191412 751 190661 0 Guild 95281 0 0 95281 18153763 15220122 2004094 929547 X 1615160 6271381 0 2625051 7571968 1403364 1587966 1256200 14107 19563 0 0 0 0 0 0 670158 379311 9563430 6241080 3671985 3322350 32167745 34515924 6900 6900 48657 36417 50848 50848 47405494 49887309 1662708 611132 0 0 2612803 3691003 0 0 0 0 0 0 0 0 50000 50000 378539 1 4704050 4352136 X 7555327 8245845 35146117 37289328 42701444 45535173 47405494 49887309 X 690518 0 0 0 0 2143211 X 0 1 X 1 0 X 12487407 10834995 10442490 10521404 10280021 54566317 2295758 2298097 2438377 2438722 2519136 11990090 0 0 0 0 0 0 14783165 13133092 12880867 12960126 12799157 66556407 66556407 1796826 1760737 1826081 1841884 2122636 9348164 0 0 0 0 0 0 65986 66806 71985 62227 49858 316862 76221433 32201951 0.87320 0.81923 X Schedule A, Part II, Line 5(f) During the year ending August 31, 2019, we received $4,971,125 as a board designated endowment. Schedule A, Part II, Line 10 Other income from audition fees, instrument rentals, boutique sales, sheet music rental, and insurance. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38873436 -56804 3740835 0 1658705 64711 40834051 35421587 5129028 536815 0 2130775 83219 38873436 33032910 1144273 2999459 0 1671619 83436 35421587 31735563 1147367 1956505 0 1650653 155872 33032910 31349298 401544 1940720 0 1719789 236210 31735563 0.19 0.79 0.02 0 0 0 229500 229500 0 5472471 3503215 1969256 0 330513 126774 203739 0 1379565 1154327 225238 0 2151381 1456764 694617 3322350 Bank Line of Credit ($2,090,000 Limit) 1 1 21946153 2281962 799319 0 -137455 2943826 19002327 0 -158046 -158046 18844281 19112424 799319 0 0 159342 958661 18153763 0 0 0 18153763 Schedule D, Part V, Line 4 US&O uses 5% of a 12 month quarterly average to help contribute to the program expense of the organization. Schedule D, Part X, Line 1 Bank Line of Credit with a $2,090,000 limit. Schedule D, Part XI, Line 2d Interest and dividends on Endowment $646,297; Realized gains $407,954; Endowment Expenses ($52,736); Contributions to Endowment $93,196; Contributions for future use $2,009,319; Release of contributions intended, by donor, for current year ($1,439,498); Endowment Draws ($1,515,911); Government grants for future use $502,028; Release of prior government grants ($788,104). Schedule D, Part XI, Line 4b Costume/set rental expenses recognized as an offset to rental revenues on tax return ($156,596); Fundraising event expenses reported on 990 Part VIII Line 8b ($1,450). Schedule D, Part XII, Line 2d Allowance for Bad Debt ($1,296); Costume/set rental expenses recognized as an offset to rental revenues on tax return $156,596; Fundraising event expenses reported on 990 Part VIII Line 8b $1,450. X X X 1 0 0 0 0 0 0 0 0 David Green Senior VP & COO 131860 0 0 0 0 0 10355 0 15364 0 157579 0 0 0 Madeline Adkins Concertmaster 201044 0 0 0 0 0 5083 0 10721 0 216848 0 0 Paul Meecham President & CEO (Last Day November 7, 2019) 286562 0 0 0 0 0 0 0 13231 0 299793 0 0 Steve Hogan VP of Finance & CFO 121255 0 0 0 0 0 9619 0 14434 0 145308 0 0 0 Mercedes Smith Musician 112098 0 0 0 0 0 5083 0 5429 0 122610 0 0 0 Kathryn Eberle Musician 110047 0 0 0 0 0 5003 0 5429 0 120479 0 0 0 Mark Davidson Muscian 109547 0 0 0 0 0 5083 0 5118 0 119748 0 0 0 Claude Halter Muscian 107519 0 0 0 0 0 5035 0 11406 0 123960 0 0 0 Schedule J, Part I, Line 4 President and CEO, Paul Meecham received severance agreement through May 2020. Julie Edwards Musician rep on board Instrument Loan X 22000 7282 0 1 1 Andrew Larson Musician rep on board Instrument Loan X 20000 12371 0 1 1 19653 Tom Love Board Chair 396749 Marketing & Advertising 0 X 29 1499374 Ave. between high and low 0 0 1 Schedule M, Part I, Line 32b Stock brokers to sell donations immediately. Form 990, Part III, Line 3 Utah Symphony | Utah Opera (USUO) carried out its 2019-20 season as originally scheduled from September 1, 2019 through March 12, 2020. Following the arrival of the coronavirus in Utah, USUO cancelled the remainder of its 2019-20 season through the end of May, including ten opera performances, 19 symphony concerts, Utah Symphony's 80th Anniversary Gala Concert, and 68 education events. With increasing spread of COVID-19 during the spring, USUO cancelled the 19 concerts of its summer 2020 Deer Valley(R) Music Festival, and a statewide outdoor concert tour planned for August. Form 990, Part VI, Section A, Line 1a In the absence of Board action or in the event that the Board is unable to take action on a particular matter, the Executive Committee shall have all of the powers and exercise all of the duties of the Board in managing the business of the Corporation. Any such action taken by the Executive Committee in the absence or inability of the Board to take action shall be considered for ratification by the Board at the next regular meeting or special meeting of the Board. Form 990, Part VI, Section A, Line 2 Our board is made up of community leaders and as such some business relationships exist and our conflict of interest policy and process adequately reveals and manages these so they are not conflicts for the organization. Form 990, Part VI, Section A, Line 7a The corporation may have three or more appointed ex officio voting Trustees of the Board. The positions shall be comprised of the following: (i) one Ogden Opera Guild representative; (ii) one Utah Symphony Guild representative; (iii) one Ogden Symphony Ballet Association representative; and (iv) such representatives of auxiliary and advising organizations and guilds as elected by their respective organizations and guilds. Two musicians, as provided in the Collective Bargaining Agreement between the Corporation and American Federation of Musicians, Local 104 are voting Trustees of the Board. Form 990, Part VI, Section B, Line 11b Prepared by Controller and CFO, reviewed by Finance and Executive committees, posted to website for entire board review. Form 990, Part VI, Section B, Line 12c The values governing the affairs of Utah Symphony & Opera (US&O) are Excellence, Integrity, Trust, and Communication. Staff members are encouraged in their individual capacities to represent these values and to exemplify the highest standards of ethical behavior in all they do and say. They are thus encouraged to do their utmost to respect the rights and dignity of other persons; to be honest, accurate, and open-minded in the presentation of information and ideas; when accounting for US&O's assets or handling financial transactions; when soliciting contributions; when representing US&O before governmental leaders, charitable foundations, patrons, and donors; or when dealing with vendors, partners, lessees, and other parties. A conflict of interest is defined as any circumstance that would cast doubt on the ability of a member of the staff to act with total objectivity with regard to the US&O's best interest. No member shall use his or her position, or the knowledge gained from his or her position, or the knowledge gained from his or her position, in such a manner that a conflict arises between the interest of the organization and the staff members' personal interests. An actual or potential conflict of interest may occur when an employee is in a position to influence a decision that may result in personal gain for that employee or for a relative as a result of business dealings. For the purposes of this policy, a relative is any person who is related by blood or marriage, or whose relationship with the employee is similar to that of persons who are related by blood or marriage. Utah Symphony & Opera relies on its employees to exercise their responsibilities to the organization in good faith. As a consequence of representing Utah Symphony & Opera, employees may be in a position to establish personal relationships with patrons and donors or obtain confidential information concerning them. Employees may not, directly or indirectly solicit or accept money, loans, expensive gifts, travel, extravagant entertainment, or preferential treatment from such individuals. Employees may not use any information obtained about patrons and donors to further their personal interests during their employment with US&O or after their termination with US&O. In addition to this, the materials, products, designs, plans, ideas, and data of US&O should never be given or sold to an outside agency, firm or person except through normal channels and with appropriate authorization. Any improper transfer of material or disclosure of information, even though it is not apparent that an employee has personally gained by such action, constitutes unacceptable conduct. Any employee who participates in such a practice will be subject to disciplinary action, up to and including possible discharge. Having a conflict of interest may not necessarily indicate a professional transaction cannot occur. However, it is the duty of each staff member to disclose annually any actual or possible conflicts of interest in writing to the Director of Human Resources and Department Head. In the absence of an HR director all disclosures may be communicated to the COO. The employee is expected to provide all material facts and personal interests that may be determined to present a conflict of interest before any discussion or negotiation of a transaction takes place. Immediately upon becoming aware of the possible conflict of interest, the Director of Human Resources and Department Head will discuss the conflict with the COO to determine whether a particular conflict of interest is fair to the organization. The Director of Human Resources, and or Department Head will respond in writing to the employee within 30 days of disclosure. If agreement is not reached, the final determination will be made by the President/CEO. Form 990, Part VI, Section B, Line 15 League of American Orchestra survey for salaries, Opera America, recruiting firm using comparable data, task force board members as a search committee. Form 990, Part VI, Section C, Line 19 We post to our website and provide copies upon request as well as publishing board meeting minutes schedules in the newspapers which allow interested persons to attend meetings and request information. Our Conflict of Interest policy is distributed annually. Form 990, Part VIII, Line 3 Interest and dividends $85,490; Gains on investments $323,477; Manager fees ($15,426); Endowment draw $1,515,911 Form 990, Part IX, Line 11g Guest Artists $1,000,869; Guest Conductors $426,505; Other Production Personnel $179,406; Travel $117,018; Misc. $15,883 Form 990, Part X, Line 1 Board designated endowment (cash portion) $5,926,250; Guild bank accounts $33,084; Operating accounts $312,048 Form 990, Part X, Line 2 Donations for the future $2,625,051 Form 990, Part X, Line 3 Contributions receivable less than 1-year $481,768; Contributions receivable over 1-year $585,809; Endowment contributions receivable $335,787. Form 990, Part X, Line 5 See Schedule L, Part V, Statement 1 - Instrument loans to musician representatives serving on board. Form 990, Part X, Line 13 Instrument loans to musicians (see also Line 5). Form 990, Part XI, Line 9 Government grants for future period-temporary restricted - $502,028; Government grants from prior period released to operations - ($788,104); Contributions for future period-temporary restricted - $2,009,319; Contributions from prior period released to operations - ($1,289,498); Contributions to endowment-permanent restricted - $93,196; Contributions to endowment released by donor to operations - ($150,000); Interest-temporary restricted - $10,198; Interest-permanent restricted - $277,752; Dividends-temporary restricted - $3,705; Dividends-permanent restricted - $354,642; Unrealized gains-temporary restricted - $33,113; Unrealized gains-permanent restricted - $2,248,849; Realized gain-temporary restricted - $3,646; Realized gain-permanent restricted - $404,308; Management Fees-temporary restricted - ($1,993); Management Fees-permanent restricted - ($50,743); Draws temporary restricted - ($127,288); Draws from endowment-permanent restricted - ($1,388,623); Allowance for bad debts-temporary restricted - ($1,296); Allowance for bad debts-permanent restricted - $0. Additional time needed to compile records and get board members reviews.