2021-08-12T12:43:43-05:00 2020-09-30 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2019-10-01 850131810 THE SANTA FE OPERA SANT 5059865955 PO BOX 2408 SANTA FE NM 87504 HEATHER KEMP CHIEF FINANCIAL OFFICER 5059865955 2021-08-02 1 PAMELA ALEXANDERSON P01218925 5058787200 2021-08-02 2019 2022-09-23 18:48:47Z DAVID HENRY JACOB PO BOX 2408 SANTA FE NM 87504 35721338 0 X HTTPS://WWW.SANTAFEOPERA.ORG/ X 1957 NM TO FOSTER AND ENRICH AN UNDERSTANDING AND APPRECIATION OF THE OPERATIC ART FORM. 41 41 651 903 -70973 368 16598307 20811936 11240195 134705 1749012 3660541 965055 -69798 30552569 24537384 0 0 0 0 11765592 8650637 0 0 2016091 13947618 7735486 25713210 16386123 4839359 8151261 126747815 137539221 2973171 4590284 123774644 132948937 X TO FURTHER THE OPERATIC ART FORM BY PRESENTING ENSEMBLE PERFORMANCES OF THE HIGHEST QUALITY IN A VARIED REPERTOIRE OF NEW AS WELL AS RARELY PERFORMED AND STANDARD WORKS, TO ENSURE EXCELLENCE OF OPERA'S FUTURE THROUGH ITS APPRENTICE PROGRAMS FOR ARTISTS, TECHNICIANS AND ARTS ADMINISTRATORS, AND TO FOSTER AND ENRICH AN UNDERSTANDING AND APPRECIATION FOR OPERA IN THE COMMUNITY BY OUTREACH TO A DIVERSE PUBLIC. 0 0 9354786 82265 ONE OF THE NATION'S MOST IMPORTANT SUMMER FESTIVALS, THE SANTA FE OPERA IS PRAISED FOR ITS INNOVATIVE REPERTORY AND HIGH STANDARDS OF EXCELLENCE. DUE TO STATE PUBLIC HEALTH ORDERS LIMITING MASS GATHERINGS AND PUBLIC PERFORMANCES, THE 2020 OPERA SEASON WAS CANCELLED. THE OPERA WAS ABLE TO PRODUCE A SERIES OF FIVE DIGITAL PROGRAMS SUMMARIZING THE OPERAS WHICH WERE TO HAVE BEEN PRODUCED, CALLED SONGS FROM THE SANTA FE OPERA. THIS DIGITAL CONTENT HAD OVER 80,000 VIEWERS. THE OPERA ALSO PRODUCED DIGITAL CONTENT AND SESSIONS FOR ITS SINGING ANDTECHNICAL APPRENTICES. 1046295 55790 THE SANTA FE OPERA'S EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS WERE MODIFIED THIS YEAR FOLLOWING PUBLIC HEALTH ORDERS ISSUED IN MARCH 2020. DURING THE OPERA'S 2020 FISCAL YEAR, 8,411 INDIVIDUALS WERE SERVED, INCLUDING 4,874 ADULTS AND 3,537 YOUTHS. DURING THE FALL OF 2019, THE OPERA PRODUCED THE WORLD PREMIERE OF THE INAUGURAL COMMISSION OF ITS OPERA FOR ALL VOICES PROGRAM, "SWEET POTATO KICKS THE SUN," COMPOSED BY AUGUSTA READ THOMAS WITH LIBRETTO BY LESLIE DUNTON-DOWNER. OTHER PROGRAMS INCLUDE THE FOLLOWING: THE PUEBLO OPERA PROGRAM, WHICH TYPICALLY SERVES 19 PUEBLOS AND 3 RESERVATIONS. STUDENTS IN ELEMENTARY AND MIDDLE SCHOOL WHO PARTICIPATE IN THE ACTIVE LEARNING THROUGH OPERA PROGRAM WORK WITH ARTISTS-IN-RESIDENCE TO EXPLORE LEARNING THROUGH THE PERFORMING ARTS, OFTEN WRITING, PRODUCING, AND PERFORMING THEIR OWN OPERAS BOTH IN-SCHOOL AND AFTER SCHOOL ALONGSIDE TEACHERS RECEIVING PROFESSIONAL DEVELOPMENT IN ARTS INTEGRATION. COMMUNITY CONCERTS FEATURE APPRENTICE SINGERS DURING THE SUMMER AND WINTER HOLIDAY SEASON IN A VARIETY OF VENUES. OPERA MAKES SENSE IS A CURATED INTRODUCTION FOR THREE- TO FIVE-YEAR-OLDS EXPLORING MUSIC THROUGH THEIR SENSES, WHICH WAS MOVED TO A DIGITAL FORMAT AS WAS THE OPERA STORYTELLERS SUMMER CAMP. 10401081 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 410 0 1 651 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 41 41 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NM NY X X THE ORGANIZATION 5059865955 301 OPERA DRIVE SANTA FE NM 87506 SUSAN G MARINEAU CHAIRMAN 5.00 X X 0 0 0 FREDERICK R HAAS VICE CHAIRMAN 5.00 X X 0 0 0 DAVID HENRY JACOBS PRESIDENT 5.00 X X 0 0 0 ROBERT J VLADEM FIRST VICE PRESIDENT 5.00 X X 0 0 0 SARAH BILLINGHURST SOLOMON VICE PRESIDENT 5.00 X X 0 0 0 DANEHL TWOMEY VICE PRESIDENT 5.00 X X 0 0 0 DR EUGENE E STARK JR VICE PRESIDENT 5.00 X X 0 0 0 LYNN J LOACKER TREASURER 5.00 X X 0 0 0 BRUCE T CHEMEL SECRETARY 5.00 X X 0 0 0 DR JENNE K BRITELL DIRECTOR 1.00 X 0 0 0 JOSEPH M BRYAN JR DIRECTOR 1.00 X 0 0 0 J BRUCE BUGG JR DIRECTOR 1.00 X 0 0 0 ERIN BUNKLEY DIRECTOR 1.00 X 0 0 0 SUSAN ESCO CHANDLER DIRECTOR 1.00 X 0 0 0 RICHARD H DAVIS DIRECTOR 1.00 X 0 0 0 EIVIND K DJUPEDAL DIRECTOR 1.00 X 0 0 0 NANCIE DOMINIC DIRECTOR 1.00 X 0 0 0 DAVID F ERTEL DIRECTOR 1.00 X 0 0 0 KRISTINA J FLANAGAN DIRECTOR 1.00 X 0 0 0 A CHARLES FORTE DIRECTOR 1.00 X 0 0 0 PETER B FRANK DIRECTOR 1.00 X 0 0 0 EDWARD T GARCIA DIRECTOR 1.00 X 0 0 0 AMB DAVID F GIRARD DICARLO DIRECTOR (THROUGH AUGUST 2020) 1.00 X 0 0 0 CHESTER A GOUGIS DIRECTOR 1.00 X 0 0 0 ANN SHILLING HARRISON DIRECTOR 1.00 X 0 0 0 JOHN M HAUPERT DIRECTOR 1.00 X 0 0 0 DAVID K INGALLS DIRECTOR 1.00 X 0 0 0 PHILLIP M JELLEY DIRECTOR (THROUGH OCTOBER 2019) 1.00 X 0 0 0 DONNA L KENDALL DIRECTOR (THROUGH OCTOBER 2019) 1.00 X 0 0 0 DR WALTER L KIRCHNER DIRECTOR 1.00 X 0 0 0 MIRANDA Y LIND DIRECTOR 1.00 X 0 0 0 DR JAMES L LOWRY DIRECTOR 1.00 X 0 0 0 CYNTHIA A MCCREARY DIRECTOR 1.00 X 0 0 0 DAVID ELLIS MCNEEL DIRECTOR (THROUGH OCTOBER 2019) 1.00 X 0 0 0 BETH MOISE DIRECTOR (THROUGH NOVEMBER 2019) 1.00 X 0 0 0 CHARLES F MOORE DIRECTOR 1.00 X 0 0 0 SUSAN F MORRIS DIRECTOR 1.00 X 0 0 0 DR ESTEVAN RAEL-GALVEZ DIRECTOR 1.00 X 0 0 0 ROBERTA COOPER RAMO DIRECTOR 1.00 X 0 0 0 CAREY R RAMOS DIRECTOR 1.00 X 0 0 0 JOHN F RIZZO DIRECTOR 1.00 X 0 0 0 BRUCE ROSS DIRECTOR 1.00 X 0 0 0 JAMES R SEITZ JR DIRECTOR 1.00 X 0 0 0 IRWIN J SUGARMAN DIRECTOR 1.00 X 0 0 0 T PETER TOWNSEND DIRECTOR 1.00 X 0 0 0 ROBERT L TURNER DIRECTOR 1.00 X 0 0 0 VERONICA WATSON DIRECTOR (THROUGH OCTOBER 2019) 1.00 X 0 0 0 DR ROBERT M ZONE DIRECTOR (THROUGH AUGUST 2020) 1.00 X 0 0 0 ROBERT MEYA GENERAL DIRECTOR 40.00 X 404578 0 37145 HEATHER KEMP CFO 40.00 X 181684 0 17738 PAUL HORPEDAHL DIRECTOR OF PRODUCTION & FACILITIES 40.00 X 201456 0 27382 BRADLEY WOOLBRIGHT DIRECTOR OF ARTISTIC ADMINISTRATION 40.00 X 188897 0 18139 HARRY BICKET MUSIC DIRECTOR 40.00 X 211846 0 0 MICHAEL GARY DIRECTOR OF INSTITUTIONAL GIVING 40.00 X 135312 0 15654 ALEXANDER NEEF ARTISTIC DIRECTOR 40.00 X 147115 0 0 ALLISON SWENSON DIRECTOR OF DEVELOPMENT 40.00 X 140086 0 6135 LIZ KELLOGG DIRECTOR OF HUMAN RESOURCES 40.00 X 110248 0 14599 CHARLES MACKAY PAST GENERAL DIRECTOR 0.00 X 143571 0 0 1864793 0 136792 10 1 1 0 APPLE CONSTRUCTION LLC 369 MONTEZUMA AVE BOX 436 SANTA FE NM 87501 CONSTRUCTION 625138 COMPASS GROUP USA INC DBA BON APPETIT 1600 ST MICHAELS DRIVE SANTA FE NM 87505 CATERING 428979 SIERRA PEAKS 8436 WASHINGTON PLACE NE ALBUQUERQUE NM 87113 ENGINEERING/DESIGN 346557 BLUE SKY BUILDERS PO BOX 608 ESPANOLA NM 87532 CONSTRUCTION 223167 CPC NEUTEK 2800 PRINTERS WAY GRAND JUNCTION CO 81506 PRINTING 213651 17 74050 2438556 18299330 3105640 20811936 AUXILIARY OPERATIONS 711110 122045 122045 PERFORMANCE ADMISSIONS 711110 12660 12660 134705 1502394 1368 1501026 391190 46832 447403 8511 -56213 38321 -17892 -17892 12732748 4067 10574576 4092 2158172 -25 2158147 2158147 24950 74050 25750 -800 -800 11906 123622 -111716 -35776 -75940 ADVERTISING REVENUE 511120 3599 3599 57011 39126 17885 60610 24537384 138055 -70973 3658366 X 1030679 452346 388036 190297 5719091 3732478 1004550 982063 207363 111994 49662 45707 905623 572543 194278 138802 787881 572355 109331 106195 130330 130330 48490 48490 13013 13013 140609 140609 2270328 1860657 237329 172342 111270 109565 474 1231 458827 232727 87078 139022 290828 103826 126273 60729 1000 1000 686594 564243 99298 23053 312304 230524 23658 58122 581 581 5126 3655 741 730 57647 57647 2580616 1622137 955200 3279 270488 88961 181527 CULTIVATION, MEALS, AND 123814 11019 25341 87454 SETS, PROPS, AND COSTUM 94423 94423 GROSS RECEIPTS/INCOME T 61244 61244 77954 36628 34261 7065 16386123 10401081 3968951 2016091 4020819 5408757 10683878 17050702 656336 475804 107937 149565 1229907 2140770 86092976 35422123 52761374 50670853 56529113 56109120 286052 5061250 472399 472400 126747815 137539221 1015921 790550 1012435 1154587 761730 2451379 183085 193768 2973171 4590284 X 60236873 58254700 63537771 74694237 123774644 132948937 126747815 137539221 X 8151261 517274 505758 X 0 1 X 1 0 X 13316509 10272466 13615475 16598307 20811936 74614693 13316509 10272466 13615475 16598307 20811936 74614693 14186408 60428285 1735172 1732297 2100539 2195944 1939048 9703000 75580 103252 188923 532 368287 84685980 45367549 0.71360 0.73790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 13013 13013 14357019 14370032 868502 217126 0 0 1000000 1000000 1000000 868502 3868502 5802753 38216 24966 23148 13013 99343 250000 250000 250000 217126 967126 1450689 FORM 990; SCHEDULE C, PART II-A, LINE 1 LEGISLATORS ARE ROUTINELY INVITED TO ALL COMMUNITY ENGAGEMENT PROGRAMS, SUCH AS THE OPERA FOR ALL VOICES PERFORMANCE DURING THE FALL OF 2019 AND THE WINTER CONCERT SERIES. THE OPERA RETAINED A LOBBYIST TO CONSULT ON LEGISLATIVE MATTERS OF CONCERN TO THE OPERA. X DECORATIVE ITEMS 63127283 7939123 3999588 1018517 74047477 61352828 3348321 1337118 2910984 63127283 54922665 5970157 3281489 2821483 61352828 51985757 -139001 5519458 2443549 54922665 47973223 3023196 3862922 2873584 51985757 0.08000 0.87000 0.05000 0 0 5348930 5348930 71307865 29266833 42041032 9436181 6155290 3280891 50670853 ANNUITIES PAYABLE 193768 193768 X 26018295 517274 27462 1076784 1621520 24396775 140609 140609 24537384 16844002 27462 571026 598488 16245514 140609 140609 16386123 PART III, LINE 4: THE ORGANIZATION'S MISSION INVOLVES OPERATIC ART, AND DONATED ARTWORK IS DISPLAYED IN VARIOUS BUILDINGS TO PROMOTE THIS MISSION. PART V, LINE 4: TO PRODUCE A RELATIVELY PREDICTABLE AND STABLE INCOME STREAM TO GROW AND TO SUPPORT PRESENT AND FUTURE PROGRAMS. PART X, LINE 2: THE OPERA HAS ADOPTED THE PROVISIONS OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE OPERA RECOGNIZES THE TAX (BENEFIT) EXPENSE FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. ANY SUCH TAX (BENEFIT) EXPENSE IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE OPERA HAD NO UNRECOGNIZED TAX BENEFITS AT SEPTEMBER 30, 2020 OR 2019. THE OPERA FILES AN EXEMPT ORGANIZATION RETURN WITH THE INTERNAL REVENUE SERVICE (IRS). IT IS NOT A "PRIVATE FOUNDATION" FOR TAX PURPOSES. THE OPERA HAD MINIMAL TAXABLE UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019. ACCORDINGLY, A PROVISION FOR INCOME TAXES HAS NOT BEEN ESTABLISHED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST 505,758. RENTAL EXPENSE 447,404. COST OF GOODS SOLD INVENTORY 123,622. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 447,404. COST OF GOODS SOLD INVENTORY 123,622. WINTER GALA 99000 74050 24950 19861 5889 99000 74050 24950 19861 5889 25750 -800 X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ROBERT MEYA GENERAL DIRECTOR 350000 0 0 0 54578 0 9500 0 27645 0 441723 0 0 0 HEATHER KEMP CFO 181684 0 0 0 0 0 8204 0 9534 0 199422 0 0 0 PAUL HORPEDAHL DIRECTOR OF PRODUCTION & FACILITIES 201456 0 0 0 0 0 9270 0 18112 0 228838 0 0 0 BRADLEY WOOLBRIGHT DIRECTOR OF ARTISTIC ADMINISTRATION 188897 0 0 0 0 0 8605 0 9534 0 207036 0 0 0 HARRY BICKET MUSIC DIRECTOR 211846 0 0 0 0 0 0 0 0 0 211846 0 0 0 MICHAEL GARY DIRECTOR OF INSTITUTIONAL GIVING 135312 0 0 0 0 0 6120 0 9534 0 150966 0 0 0 CHARLES MACKAY PAST GENERAL DIRECTOR 0 0 0 0 143571 0 0 0 0 0 143571 0 143571 0 PART I, LINE 1A THE SANTA FE OPERA OWNS A RESIDENCE IMMEDIATELY ADJACENT TO THE OPERA'S FACILITIES. THE CLOSE PROXIMITY OF THE RESIDENCE AND THE GENERAL DIRECTOR'S LIVING THEREIN HAVE IMPORTANT BENEFITS FOR THE OPERA. THE GENERAL DIRECTOR IS THEREBY AVAILABLE ON SHORT NOTICE FOR IMPORTANT BUSINESS ON THE OPERA GROUNDS AS WELL AS IS ABLE TO ENTERTAIN AND MEET WITH THE OPERA'S GUESTS, ARTISTIC PARTNERS AND STAFF. THE GENERAL DIRECTOR, AS A CONDITION OF EMPLOYMENT, IS REQUIRED BY THE OPERA TO RESIDE IN THE GENERAL DIRECTOR'S RESIDENCE. THE SANTA FE OPERA REPORTS TO THE INTERNAL REVENUE SERVICE AS COMPENSATION TO THE GENERAL DIRECTOR ADDITIONAL TAXABLE INCOME FOR THE FAIR MARKET RENTAL VALUE AND UTILITY COSTS OF THE PREMISES. THE OPERA HAS AGREED TO REIMBURSE THE GENERAL DIRECTOR FOR ANY OUT-OF-POCKET COSTS INCURRED DURING THE USE OF THE GENERAL DIRECTOR'S RESIDENCE FOR OPERA BUSINESS. DETAILED RECORDS ARE REQUIRED TO BE MAINTAINED OF THE OPERA'S OFFICIAL USE OF THE RESIDENCE AND SUBMITTED TO THE PRESIDENT AND THE DIRECTOR OF FINANCE AND ACCOUNTING. THE TAX INDEMNIFICATION AND GROSS UP PAYMENTS REPRESENT THE TAX PAID BY THE OPERA, AND INCLUDED IN ROBERT MEYA'S W-2, TO COVER THE TAX ON THE HOUSING ALLOWANCE. X 25 1240278 AVG HI & LOW PRICE/SHARE X TICKET CONTRIBUTIONS 3460 1857219 FAIR VALUE X CATERING 1 4893 FAIR VALUE X VOCAL SCORES 1 3250 FAIR VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 ALL REGULAR MEMBERS OF THE BOARD (EXCLUDING HONORARY MEMBERS, DIRECTORS EMERITUS, AND EX-OFFICIO MEMBERS WHO HAVE NO VOTING RIGHTS) HAVE THE SAME VOTING RIGHTS. IN BETWEEN QUARTERLY BOARD MEETINGS, THE EXECUTIVE COMMITTEE OF THE BOARD IS VESTED WITH THE POWER OF THE BOARD OF DIRECTORS WITH THE FOLLOWING EXCEPTIONS: THE POWER TO DISSOLVE OR MERGE THE OPERA WITH ANOTHER ORGANIZATION, THE POWER TO CHANGE THE NAME OF THE OPERA, THE POWER TO CHANGE THE BYLAWS OF THE OPERA, THE POWER TO DELEGATE ITS AUTHORITY, THE POWER TO REMOVE THE GENERAL DIRECTOR OR ANY OTHER DIRECTOR, AND THE POWER TO SELL REAL PROPERTY VALUED OVER $2.5 MILLION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS OF THE SANTA FE OPERA HAS ADOPTED A RESOLUTION APPROVING A PROCESS BY WHICH THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FULL VERSION OF FORM 990, INCLUDING ALL SCHEDULES AS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. AFTER REVIEW AND ANY MODIFICATION BY THE AUDIT COMMITTEE, THE DRAFT PUBLIC DISCLOSURE VERSION OF FORM 990, EXCLUDING SCHEDULE B (SCHEDULE OF CONTRIBUTORS), IS POSTED TO THE PORTAL AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT BEFORE IT IS FILED WITH THE IRS. SCHEDULE B OF FORM 990 IS NOT REVIEWED BY THE FULL BOARD DUE TO THE CONFIDENTIAL AND PRIVATE NATURE OF ITS DONOR LIST. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS OF THE SANTA FE OPERA ARE ASKED EACH YEAR TO SIGN CONFLICT OF INTEREST DISCLOSURE STATEMENTS AND TO SUBMIT THESE SIGNED STATEMENTS TO THE SECRETARY OF THE BOARD OF DIRECTORS. BY SIGNING THE ANNUAL DISCLOSURE STATEMENTS, EACH DIRECTOR UNDERTAKES TO NOTIFY THE PRESIDENT OF THE OPERA OF ANY MATERIAL CHANGES THAT MIGHT RESULT IN A CONFLICT OF INTEREST. THE PRESIDENT REVIEWS THE SIGNED DISCLOSURE STATEMENTS FOR CONFLICTS AND, WITH THE ASSISTANCE OF COMMITTEE CHAIRS, MONITORS COMPLIANCE WITH THE POLICY AT MEETINGS OF THE BOARD AND COMMITTEES CONSIDERING TRANSACTIONS OR ARRANGEMENTS THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST. THE SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE MAINTAINED AT THE OFFICES OF THE SANTA FE OPERA. COMPLIANCE WITH THIS POLICY IS MONITORED BY THE AUDIT COMMITTEE. IF A CONFLICT ARISES, THE PERSON WITH SUCH CONFLICT IS NOT ALLOWED TO VOTE ON THE TRANSACTION. THERE HAVE BEEN NO INCIDENCES OF CONFLICT DURING THE REPORTING PERIOD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, COMPOSED OF THE PRESIDENT, CHAIRMAN, TREASURER, AND TWO ADDITIONAL BOARD MEMBERS APPOINTED BY THE PRESIDENT, ALL OF WHOM ARE UNRELATED TO THE GENERAL DIRECTOR, REVIEWS AND APPROVES COMPENSATION AND OTHER TERMS OF EMPLOYMENT FOR THE GENERAL DIRECTOR. IN CONSIDERING APPROPRIATE COMPENSATION FOR THIS POSITION, THE COMPENSATION COMMITTEE REVIEWS SALARY DATA FOR COMPARABLE POSITIONS AT SIMILAR OPERA COMPANIES. THE COMPENSATION COMMITTEE ALSO CONDUCTS ANNUAL REVIEWS OF THE PERFORMANCE OF THE GENERAL DIRECTOR. MINUTES OF THE COMPENSATION COMMITTEE'S MEETINGS ARE RECORDED AND MAINTAINED AT THE OFFICES OF THE SANTA FE OPERA. COMPENSATION FOR THE DIRECTOR OF ACCOUNTING AND FINANCE IS DETERMINED BY THE GENERAL DIRECTOR. THE GENERAL DIRECTOR TAKES JOB PERFORMANCE AND SALARY DATA FOR COMPARABLE POSITIONS AT OTHER OPERA COMPANIES INTO ACCOUNT WHEN SETTING THE ANNUAL SALARY FOR THE DIRECTOR OF ACCOUNTING AND FINANCE. THE COMPENSATION COMMITTEE REVIEWS THE SALARIES FOR ALL SENIOR EMPLOYEES, COMPARING THE SALARIES TO COMPENSATION FOR SIMILAR POSITIONS AT OTHER OPERA COMPANIES. THIS PROCESS WAS LAST COMPLETED IN 2020. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MAINTAINED IN THE OFFICES OF THE SANTA FE OPERA. THEY ARE MADE AVAILABLE TO MEMBERS OF THE PUBLIC WHO MAKE WRITTEN REQUESTS FOR THE INFORMATION. FORM 990, PART IX, LINE 11G ARTIST FEES: PROGRAM SERVICE EXPENSES 613,245. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 613,245. TEACHING/TEACHING ARTIST FEES: PROGRAM SERVICE EXPENSES 310,945. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 310,945. OTHER CONTRACT LABOR: PROGRAM SERVICE EXPENSES 936,467. MANAGEMENT AND GENERAL EXPENSES 237,329. FUNDRAISING EXPENSES 172,342. TOTAL EXPENSES 1,346,138. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 505,758. SIMULTEXT SYSTEMS LLC PO BOX 2408 SANTA FE NM 87504 LICENSING OF IP NM 0 0 THE SANTA FE OPERA OPERA ASSOCIATION OF NEW MEXICO LLC PO BOX 2408 SANTA FE NM 87504 TO SECURE THE OPERA'S ORIGINAL NAME NM 0 0 THE SANTA FE OPERA