2020-06-08T11:30:59-05:00 2019-08-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2018-09-01 310549044 Cincinnati Opera Association Inc CINC 5137685500 1243 Elm St Music Hall Cincinnati OH 45202 Christopher Milligan General Director & CEO 5137685500 2020-05-21 1 Paula Hume P00537516 5132418313 216.196.129.6 2020-05-21 11:40:58 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A2EC889BB8D6A2024E5FB2BEAEEA8A9D8C0F2872 2018 2020-09-23 17:36:50Z Christopher Milligan 1243 Elm St Music Hall Cincinnati OH 45202 19532369 0 X www.cincinnatiopera.org X 1935 OH To enrich and connect the community through diverse opera experiences. 76 76 267 175 280766 295410 4026516 5476598 2188399 1657832 2352385 2899433 51803 143378 8619103 10177241 0 0 0 0 5537539 5624950 0 0 882679 3673605 3517894 9211144 9142844 -592041 1034397 35790700 38807770 1466664 3995914 34324036 34811856 X The second oldest opera company in America, Cincinnati Opera presents dynamic opera productions every summer in Cincinnati's historic Music Hall. Cincinnati Opera is dedicated to educating, entertaining, and inspiring audiences by presenting opera performances, school tours, and community programs for adults and children that meet the highest standards of artistic excellence. 0 0 7015412 1657832 Grand Productions included Amadeus Mozart's amusing The Marriage of Figaro, Charles Gounod's heart-breaking Romeo and Juliet and the Gershwins' Porgy and Bess. The Opera's second stage initiative known as CO2, presented Richard Strauss' Ariadne Auf Naxos. The Opera's third stage initiative known as CO Next: Diverse Voices, presented a powerful, emotional new opera entitled Blind Injustice. Total number of productions: 5. Number of performances: 17.In fiscal year 2018-2019, over 266,000 people from 36 states and 8 different countries experienced Cincinnati Opera for performances at the beautifully restored Music Hall, the School for Creative and Performing Arts and community events such as Back to the Zoo, Opera Goes to Church and radio broadcasts.In addition, the Opera has three categories of experience designed to educate and inspire: lectures (also know as Opera Raps and Opera Insights), integrated classroom experiences and two dynamic touring programs, "The Essentials and "The Opera Express." 7015412 1 1 0 0 0 0 0 0 0 1 1 1 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 1 156 0 1 267 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 76 76 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X Michael J Veroni 5137685502 1243 Elm Street Cincinnati OH 45202 X Gary T Doc Huffman President 8.00 X X 0 0 0 Murray Sinclaire Jr Chairman 4.00 X X 0 0 0 Alva Jean Crawford Secretary 4.00 X X 0 0 0 Otto M Budig Jr Treasurer 4.00 X X 0 0 0 Liz Kathman Grubow Executive Vice-President 4.00 X X 0 0 0 Boris Auerbach Vice President 4.00 X X 0 0 0 Cathy Crain Vice President 4.00 X X 0 0 0 Charlin Briggs Vice President 4.00 X X 0 0 0 David Motch Vice President 4.00 X X 0 0 0 Donald Hoffman Vice President 4.00 X X 0 0 0 Dorothy Anne Blatt Vice President 4.00 X X 0 0 0 Edward B Silberstein MD Vice President 4.00 X X 0 0 0 James T Fitzgerald Vice President 4.00 X X 0 0 0 Barbara Hahn Vice President 4.00 X X 0 0 0 John M Tew Jr MD Vice President 4.00 X X 0 0 0 Jonathan McCann Vice President 4.00 X X 0 0 0 Joseph E Brinkmeyer Vice President 4.00 X X 0 0 0 Julia B Meister Vice President 4.00 X X 0 0 0 Kevin C Jones Vice President 4.00 X X 0 0 0 Michael L Cioffi Vice President 4.00 X X 0 0 0 Michael Marrero Vice President 4.00 X X 0 0 0 Richard I Lauf PhD Vice President 4.00 X X 0 0 0 Robert W Olson Vice President 4.00 X X 0 0 0 Ronna K Willis Vice President 4.00 X X 0 0 0 Jeannine Winkelmann Vice President 4.00 X X 0 0 0 Jennifer Bellin Vice President 4.00 X X 0 0 0 Melanie M Chavez Vice President 4.00 X X 0 0 0 Alexander Donath MD Trustee 2.00 X 0 0 0 Anne Zaring Trustee 2.00 X 0 0 0 Barbara Hummel Trustee 2.00 X 0 0 0 Christine Neyer Trustee - Joined 9/2018 2.00 X 0 0 0 Bradley Skidmore MD Trustee 2.00 X 0 0 0 Candace Cioffi Trustee 2.00 X 0 0 0 Catharina Toltzis PhD Trustee 2.00 X 0 0 0 Christopher Baucom Trustee 2.00 X 0 0 0 Cora Ogle PhD Trustee 2.00 X 0 0 0 Cynthia Starr Trustee 2.00 X 0 0 0 Denise Revely Trustee 2.00 X 0 0 0 Doug Ignatius Trustee 2.00 X 0 0 0 Doug Skidmore Trustee 2.00 X 0 0 0 Daniel Cunningham Trustee - Joined 9/2018 2.00 X 0 0 0 Lynn Larson Trustee - Joined 9/2018 2.00 X 0 0 0 Harry Santen Trustee 2.00 X 0 0 0 James Stapleton Trustee 2.00 X 0 0 0 Jane Votel Trustee 2.00 X 0 0 0 Julie Grady Heard Trustee 2.00 X 0 0 0 Kathy Ball Trustee 2.00 X 0 0 0 Litsa Spanos Trustee 2.00 X 0 0 0 Madeleine H Gordon Trustee - Left 8/2019 2.00 X 0 0 0 Mark Schroer MD Trustee 2.00 X 0 0 0 Mario Zuccarello MD Trustee 2.00 X 0 0 0 Mary Ann Boorn Trustee 2.00 X 0 0 0 Matthew Garretson Trustee - Left 8/2019 2.00 X 0 0 0 Mary Ann Taylor Trustee - Joined 9/2018 2.00 X 0 0 0 Peg Wyant Trustee - Joined 9/2018 2.00 X 0 0 0 Mona Kerstine Trustee 2.00 X 0 0 0 Nanci Wilks Lanni Trustee 2.00 X 0 0 0 Nydia Tranter Trustee 2.00 X 0 0 0 John G Earls Trustee 2.00 X 0 0 0 Pamela Spangler Reis Trustee 2.00 X 0 0 0 Penny Pensak Trustee 2.00 X 0 0 0 Peter Courlas Trustee 2.00 X 0 0 0 Peter Graham Trustee - Left 8/2019 2.00 X 0 0 0 Peter Stambrook PhD Trustee 2.00 X 0 0 0 Ralph Giannella MD Trustee 2.00 X 0 0 0 Renu Kotwal MD Trustee 2.00 X 0 0 0 Russell Shelton Trustee 2.00 X 0 0 0 Ryan Messer Trustee 2.00 X 0 0 0 Shelby O Wood Trustee - Left 8/2019 2.00 X 0 0 0 Shelia Cole Trustee 2.00 X 0 0 0 Sid Khosla MD Trustee 2.00 X 0 0 0 Susan Strick MD Trustee 2.00 X 0 0 0 Thaddeus H Driscoll Trustee 2.00 X 0 0 0 Thomas F Boat MD Trustee 2.00 X 0 0 0 Vicki Alpaugh Trustee 2.00 X 0 0 0 Vivienne Carlson Trustee 2.00 X 0 0 0 Robert Bitter Trustee - Joined 9/2018 2.00 X 0 0 0 Sally Connelly Trustee - Joined 9/2018 2.00 X 0 0 0 Stanford Williams Jr Trustee - Joined 9/2018 2.00 X 0 0 0 Elaine Billmire MD Trustee 2.00 X 0 0 0 Patricia K Beggs General Director & CEO 40.00 X 225482 0 28564 Christopher A Milligan Managing Director 40.00 X 121906 0 18903 Michael J Veroni CFO 40.00 X 120138 0 17504 Evans J Mirageas Artistic Director 40.00 X 166523 0 11425 Glenn L Plott Director of Production 40.00 X 130139 0 18146 Sneja Tomassian Chief Advancement Officer 40.00 X 110494 0 18060 874682 0 112602 6 0 1 0 Cincinnati Arts Association 650 Walnut Street Cincinnati OH 45202 Production personnel, rent 1109613 Cincinnati Symphony Orchestra 1241 Elm Street Cincinnati OH 45202 Orchestra 811433 PNC Bank PO Box 856177 Louisville KY 40285 Credit Cards 309124 Anthem Blue Cross & Blue Shield PO Box 105673 Atlanta GA 303485673 Health Insurance 245173 Terra Firma - Reinhold LLC 6281 Tri-Ridge Blvd Loveland OH 45140 Warehouse Rent 131108 5 826000 166902 195638 4288058 217848 5476598 Event Revenue 711190 1613474 1613474 Set Rental Income 711190 30876 30876 Merchandise Income 711190 9427 9427 Education Outreach 711190 4055 4055 1657832 803845 803845 100710 73447 27263 27263 9624 17639 9628737 1477642 9010791 0 617946 1477642 2095588 271142 1824446 312336 166902 270890 41446 41446 Tax refund 900099 74669 74669 74669 10177241 1657832 280766 2762045 730207 284366 250195 195646 4475841 3732837 334340 408664 39536 12938 13212 13386 198511 153755 19482 25274 180855 107267 37617 35971 35640 29809 5831 28974 28974 539285 473638 65647 150154 32508 85951 31695 107388 74936 16226 16226 69809 69809 569534 515421 43290 10823 428749 390592 35707 2450 15874 12337 3537 14484 14484 402463 244238 158225 53119 41327 8844 2948 Scenery 230595 230595 0 0 Production & Artistic 216461 216461 0 0 Education programs 154637 154637 0 0 Production Materials 122369 122369 0 0 378359 113425 194522 70412 9142844 7015412 1244753 882679 269691 22905 1728825 2473520 152445 178036 155479 262585 10119825 6414524 1931087 3705301 22196411 21376925 9303026 8971249 1803111 53736 14138 35790700 38807770 426447 344148 22332 49512 1017885 0 0 3602254 1466664 3995914 X 9982044 9687084 2381186 0 21960806 25124772 34324036 34811856 35790700 38807770 1034397 -546575 0 X X 0 1 X 1 0 X 8837319 6197604 4355198 4026516 5476598 28893235 8837319 6197604 4355198 4026516 5476598 28893235 5799033 23094202 767469 897383 840054 1046698 803845 4355449 4709 11835 83077 389349 488970 33737654 8468986 0.68450 0.59770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22196411 60545 752685 1632714 21376927 21678306 54492 1064438 600825 22196411 21288725 1556912 1167331 21678306 20292045 1836858 690229 1530407 21288725 18322751 3429940 -942415 518231 20292045 0.38000 0.62000 1 0 4746749 4719042 27707 1540601 1455876 84725 3832475 239606 3592869 3705301 Beneficial Interest in Assets 8971249 F 8971249 Lease Liability 3602254 3602254 X 9975002 -546575 344336 -202239 10177241 0 10177241 9487180 344336 344336 9142844 0 9142844 Part V, Line 4: Endowment funds are invested in accordance with an Investment Policy approved by the Board of Trustees and its Investment Committee. A portion of the Opera's endowment fund is restricted by donor stipulation. Limited distributions from unrestricted endowment funds are made to support operations in accordance with an annual spending rate approved by the Board. Part X, Line 2: The Opera is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of Ohio Law. However, the Opera is subject to federal income tax on any unrelated business income. The Opera's IRS Form 990 is subject to review and examination by federal and state authorities. The Opera believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements. Part XI, Line 2d - Other Adjustments: Special Event Expense 270,890. Rental Expenses 73,446. Part XII, Line 2d - Other Adjustments: Special Event Expense 270,890. Rental Expenses 73,446. Opera Gala 381535 102970 278565 0 92487 7808 54617 42967 25355 Opening Night Dinner 64750 38117 26633 0 0 11195 12430 2850 13723 2 32953 25815 7138 0 0 3322 0 2580 1556 479238 166902 312336 92487 22325 67047 48397 40634 270890 41446 X 1 1 X X X X 0 0 0 0 0 1 0 0 0 Patricia K Beggs General Director & CEO 215482 0 10000 0 0 0 6814 0 21750 0 254046 0 0 0 Evans J Mirageas Artistic Director 166523 0 0 0 0 0 4996 0 6429 0 177948 0 0 0 Part I, Line 1a The membership was for the Queen City Club. Meetings and business lunches are held there. X 14 125361 FMV X Event Donations 104 92487 FMV 0 0 1 1 Part I, Line 32b: Investment managers sell stock contributions upon receipt. Form 990, Part VI, Section A, line 2 Candace Cioffi and Michael Cioffi have a family relationship. Cynthia Starr and Mario Zuccarello have a business relationship. Bradley Skidmore and Douglas Skidmore have a family relationship. Form 990, Part VI, Section B, line 11b A draft of this Form 990 was reviewed at a meeting of the Finance Committee of the Board of Trustees and was emailed for comments to each voting member of the Board of Trustees before it was filed. Form 990, Part VI, Section B, line 12c The Co-Chairs of the Finance Committee, in consultation with the Board President, reviews any financial interests disclosed in the annual conflict of interest statements completed by Trustees and key employees and reports the results of the review to the Finance Committee, which determines whether the transaction, agreement or arrangement to which it relates should be permitted to go forward or continue or should be terminated or precluded. That determination is reported to the Executive Committee of the Board, which has the authority to accept, reject or modify it. Form 990, Part VI, Section B, line 15 The Governance and Personnel Committee of the Board determines the CEO's compensation, based on performance, local competitive rates and national industry salary data. Form 990, Part VI, Section C, line 19 The organization's Articles of Incorporation, Code of Regulations, Conflict of Interest Policy and financial statements are available upon request. Form 990, Part VII The compensation listed on Form 990, Part VII is reported as calendar year 2018, rather than fiscal year 2018 per IRS instructions. Form 990, Part XII, Line 2c: No changes to the process in the current year. Opera the Rhine LLC 1243 Elm Street Cincinnati OH 45202 811539474 Ownership of Reinhold Drive Warehouse OH 175378 0