2020-07-15T15:22:28-07:00 2019-08-31 990 2018-09-01 750945915 FORT WORTH OPERA ASSOCIATION INC FORT 8177310833 505 Pecan Street Suite 100 Fort Worth TX 76102 Nelson Claytor Board Chairman 8173003626 2020-07-15 99.78.105.104 2018 2021-01-29 14:40:06Z Dr Nelson Claytor 505 Pecan Street Suite 100 Fort Worth TX 76102 3423388 0 X www.fwopera.org X 1987 TX To educate, entertain, and expand the horizons of current and future audiences and artists through variety and artistic integrity. 28 28 106 45 0 0 2050555 2223619 405226 623750 11306 110213 35495 40290 2502582 2997872 0 0 0 0 1049319 1130405 15840 0 363578 1581170 2516243 2646329 3646648 -143747 -648776 933760 542675 279021 588826 654739 -46151 To educate, entertain, and expand the horizons of current and future audiences and artists through variety and artistic integrity. 0 0 2326463 468037 Fort Worth Opera produces 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. The 2019 Festival included 3 performances of Porgy and Bess and 3 performances of El Pasasdo Nunca Se Termina at the Bass Performance Hall. Three performances of the opera Companionship was presented at the Fort Worth Botanical Gardens Theater. 80000 0 0 The Fort Worth Opera Studio, founded in 2002, includes four 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 festival productions as well as receiviing lessons and coachings, languarge an dmovement classes and classes on OPera as a business. 289968 165827 Children's Opera Theatre, in existence for over thirty years, reaching over 30,0000 students each year in the Dallas-Fort Worth Metroplex. Productions for the 2018-2019 school year used familiar stories paired with music from well- known operas to both entertain and educate children including: The Three Little Pigs Remix and The Musicians of Bremen. 0 0 0 2696431 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 117 0 106 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X X Dr Nelson Claytor 8177310833 505 Pecan Street Suite 100 Fort Worth TX 76102 Mr John O Sutton Jr Treasurer 4 0 X X 0 0 0 Mrs Jill Fischer Chairman Emeritus 1 0 X 0 0 0 G Whitney Smith Trustee 1 0 X 0 0 0 Mr Kenny Fischer Trustee 1 0 X 0 0 0 Mrs J o Ann Patton Secretary 4 0 X X 0 0 0 Mrs Rita V O'Farrell Trustee 1 0 X 0 0 0 Mr Michael Martinez Chairman 4 0 X X 0 0 0 Mr Bond Malone Trustee 1 0 X 0 0 0 Mrs Kristen Lindsay Trustee 1 0 X 0 0 0 Mr Joseph Lesley Trustee 1 0 X 0 0 0 Mr Robert L Jameson Trustee 1 0 X 0 0 0 Mrs Jennifer Goldberg Trustee 1 0 X 0 0 0 Mr Lee B Freese Trustee 1 0 X 0 0 0 Mrs Juana Rosa Daniell Trustee 1 0 X 0 0 0 Dr Nelson E Claytor President 4 0 X X 0 0 0 Mrs Louise B Carvey Trustee 1 0 X 0 0 0 Dr Robert S Capper Trustee 1 0 X 0 0 0 Mr David Bucher Trustee 1 0 X 0 0 0 Megan Ruth Bowdon Trustee 1 0 X 0 0 0 Mary Pencis Trustee 1 0 X 0 0 0 Ed Schollmaier Trustee 1 0 X 0 0 0 Vernon Rew Trustee 1 0 X 0 0 0 John Forestner Trustee 1 0 X 0 0 0 Barbara Jordan Trustee 1 0 X 0 0 0 Emily Stephenson Trustee 1 0 X 0 0 0 Nicole Duvall Trustee 1 0 X 0 0 0 Bill Massad Trustee 1 0 X 0 0 0 Patrick C McClanahan Trustee 1 0 X 0 0 0 Mr Tuomas Hiltunen General Director 40 0 X 179992 0 14884 Ms Mary Goosens CFO Consulting 5 0 X 24000 0 0 203992 0 14884 1 0 1 0 X 0 0 100606 0 62667 2060346 0 2223619 Tickets - Festival 711110 476424 476424 0 0 Performance Fees 711110 95527 95527 0 0 Productions Rentals 711110 26874 26874 0 0 Program Production Fees 711110 24925 24925 0 0 0 0 0 0 623750 4719 0 0 4719 0 0 0 0 0 0 0 0 0 0 463925 0 358431 0 105494 0 105494 0 0 105494 106925 100606 67085 39840 0 39840 Miscellaneous Income 900099 450 0 0 450 0 0 0 0 450 2997872 623750 0 150503 X 201824 40366 80729 80729 757112 374580 235546 146986 93680 42485 31204 19991 77789 37752 23786 16251 66015 66015 1157298 1102546 34476 20276 187756 187756 31803 10275 13210 8318 66131 21365 27470 17296 195550 112942 50691 31917 174029 165527 8502 0 663 663 89549 83297 4343 1909 18643 6023 7744 4876 Education 219546 219546 0 0 Development 15029 0 0 15029 Costumes,, Scenery, Lighting 291971 291971 0 0 2260 0 2260 0 3646648 2696431 586639 363578 187512 103257 212790 155234 6500 4149 0 0 0 0 0 0 0 0 54503 33112 506067 307052 228921 199015 237065 41439 0 0 0 0 0 0 6469 6469 933760 542675 154158 182182 0 0 124863 95137 0 0 0 0 0 0 0 0 0 0 0 311507 279021 588826 X 112299 -415885 542440 369734 0 0 654739 -46151 933760 542675 -648776 -52114 0 0 0 0 X X 0 0 0 X 3416293 4159354 2701841 2050555 2223619 14551662 672315 707185 750830 405601 624200 3160131 4088608 4866539 3452671 2456156 2847819 17711793 2392104 1498251 1139150 934336 999752 6963593 15374 34929 0 50303 2392104 1498251 1154524 969265 999752 7013896 10697897 20550 8463 9887 9956 4719 53575 20550 8463 9887 9956 4719 53575 52384 0 0 35120 39840 127344 4161542 4875002 3462558 2501232 2892378 17892712 0.59789 0.5773 0.00299 0.0032 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 600750 234107 39913 775432 0 0 99338 645008 24701 48541 117500 0 0 600750 295691 364656 -15339 0 0 0 645008 1929116 596446 78970 2308841 0 0 295691 1839080 0 90036 0 0 0 1929116 0 0.58 0.42 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 506067 307052 199015 0 0 0 0 199015 0 Loan Received from FWO Endowment 311507 311507 Schedule D, Part V, Line 4 Intended use of funds is to support the Fort Worth Opera Association's long term operating goals. Opera Gala 126200 48700 77500 0 0 500 10974 3735 1055 Dinner with the Stars 81331 51906 29425 0 0 1860 31907 9249 7805 0 207531 100606 106925 0 0 2360 42881 12984 8860 67085 39840 X X X X X X 0 0 0 0 0 0 0 0 0 Mr Tuomas Hiltunen General Director 179992 0 0 0 14884 0 0 0 0 0 194876 0 0 0 Schedule J, Part I, Line 3 In 2017, he initial year of hiring the general director, the board compared the hiring salary with industry specific information provided by Opera America as well as comparably sized companies in our geographic area. There was a hiring committee that did the salary research in tandem with an outside recruitment firm. Form 990, Part VI, Section A, Line 2 Mrs. Jill Fischer, Chairman Emeritus, and Mr. Kenny Fischer, Board Member, have a family relationship. Form 990, Part VI, Section B, Line 11b Process to review Form 990: The Form 990 is provided to all board members for review via sending it their personal email account or hand delivered if they request that option. It is presented at the next schedule board meeting and any questions presented by the board members are answered inclusive of the full board. Form 990, Part VI, Section B, Line 12c Process for monitoring compliance with 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. Form 990, Part VI, Section B, Line 15 In 2017, the initial year of hiring the General Director, the Board conducted a competitive salary review using data provided by Opera America as well as comparably sized companies in the geographic area. In addition, an external executive staffing firm was utilized. Other employees are evaluated annually by the general director for industry comparable salaries and other companies in the geographic area. Form 990, Part VI, Section C, Line 18 Availability of Governing Documents: A copy of teh Form 990 and audited financials are available for public inspection on Fort Worth Opera Association website. 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 are available for public inspection the Fort Worth Opera Association's website. Governing documents, policies and financial statements are available upon request. Form 990, Part VIII, Line 8a Excluded Contributions: Opera Gala $48,700, Dinner with the Stars $51,906, Total $100,606 Form 990, Part IX, Line 11g Other fees: For program fees, this is the production fees related to showcasing the three Operas for $1,102,546. Includes artist fees, director fees, stagehand fees, orchestra fees, rental of Bass Hall, etc. Form 990, Part XII, Line 2b The supporting audit report for this Form 990 2018 is beginning final review. During this process, no significant changes to the financial information presented in this Form 990 2018 is expected. If there is a change, an amended Form 990 2018 will be submitted to the IRS. Fort Worth Opera Endowment 505 Pecan Streeg Fort Worth TX 76102 452831814 Endowment TX 501 (C) (3) 12, Type I FW Opera Association 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 Upon the request from the Board of the Fort Worth Opera Association, the Board of the Fort Worth Opera Endowment gave the association a loan for general operating purposes.