2020-10-21T11:03:14-05:00 2018-06-30 262557761 HUTMAN & HUTMAN LLP 435 E COUNTY LINE RD LAKEWOOD NJ 087011426 990 2017-07-01 132974347 NEW YORK CITY OPERA NEWY 6469811888 142 WEST 57TH STREET 11TH FLOOR NEW YORK NY 10019 MICHAEL CAPASSO GENERAL DIRECTOR 6469811888 2020-08-10 true DAVID HUTMAN CPA P01289685 7329616272 2020-10-21 96.56.24.186 2020-10-21 11:03:14 CD P 652D4B7BBCB61F5731022ADF8E22C22FE0BC33F8 652D4B7BBCB61F5731022ADF8E22C22FE0BC33F8 2017 2021-01-29 14:40:06Z X X MICHAEL CAPASSO 11923807 false X WWW.NYCOPERA.COM X 1978 NY TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA. 10 8 95 0 3188407 8228350 1423307 1034174 60363 16710 855509 902594 5527586 10181828 0 0 1813928 1839389 0 343785 8241120 6550527 10055048 8389916 -4527462 1791912 5921086 4917381 5696737 2947898 224349 1969483 X NEW YORK CITY OPERA WAS A FAMOUSLY DUBBED "THE PEOPLE'S OPERA" BY MAYOR FIORELLO LAGUARDIA AT ITS FOUNDING IN 1943. MORE THAN 70 YEARS LATER, CITY OPERA CONTINUES ITS HISTORIC MISSION TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA, NURTURE THE WORK OF PROMISING AMERICAN ARTISTS, AND BUILD NEW AUDIENCES THROUGH AFFORDABLE TICKET PRICES AND EXTENSIVE OUTREACH AND EDUCATION PROGRAMS. false false 6980634 1034174 CITY OPERA'S CURRENT ADMINISTRATION UTILIZES A UNIQUE, ENTREPRENEURIAL BUSINESS MODEL BY CREATING ARTISTIC AND OPERATIONAL PARTNERSHIPS, FORGING STRONG RELATIONSHIPS WITH UNION AND VENUES, AND ENGAGING BOTH NEW AND TRADITIONAL AUDIENCES. CONTINUING ITS HISTORIC COMMITMENT TO EDUCATIONAL OUTREACH, THE COMPANY PROVIDES OPPORTUNITIES FOR THOUSAND OF NEW YORK CITY SCHOOL CHILDREN TO ATTEND CITY OPERA DRESS REHEARSALS, WHERE THEY MEET CAST MEMBERS AND CREW AND LEARN ABOUT CAREERS IN THE PERFORMING ARTS. FOR MANY, THIS IS THEIR FIRST LIVE OPERA EXPERIENCE. THROUGHOUT ITS SEASON, CITY OPERA ALSO PRESENTED HOUR-LONG, FAMILY-FRIENDLY ADAPTATIONS OF CLASSIC OPERA, INTRODUCING OPERA TO THE VERY YOUNGEST AUDIENCES. RENEWING ITS TRADITION OF BRINGING OPERA TO THE WIDEST POSSIBLE AUDIENCE, CITY OPERA ALSO PRESENTED FREE OPERA PERFORMANCES IN BRYANT PARK, ENABLING THOUSANDS OF NEW YORKERS TO EXPERIENCE OPERA IN A RELAXED, FAMILIAR ENVIRONMENT. 6980634 true true false false false false false false false true true false false true true true true false false false false false false false false false false false false true false false false true false false false false true false false false false false false false false true 230 0 true 95 true false false false false false false false false false false false false X 10 8 true false false false false false false true true false false true true true true true false true false false NY X MICHAEL CAPASSO 6469811888 142 WEST 57TH STREET 11TH FLOOR NEW YORK NY 10019 MICHAEL CAPASSO GENERAL DIRE 50.00 X X 248077 0 18034 KRISTIN SAMPSON SECRETARY/TR 50.00 X X 147005 0 10764 ROY NIEDERHOFFER BOARD CHAIRM 2.00 X 0 0 0 DIETLINDE MAAZEL MEMEBER 2.00 X 0 0 0 DIANA LANGER-MARCUS MEMBER 2.00 X 0 0 0 MARCELLA MARTINUCCI MEMBER 2.00 X 0 0 0 DAVID MONK MEMBER 2.00 X 0 0 0 JENNY NIEDERHOFFER MEMBER 2.00 X 0 0 0 MARA PRUZANSKI MEMBER 2.00 X 0 0 0 395082 28798 2 false true false GEMINI MUSIC PRODUCTIONS LTD 2 IROQUOIS AVE PALISADES NY 10964 MUSICIANS 654262 1 8228350 37084 8228350 TICKET SALES 1034174 1034174 1034174 113982 113982 1644707 1741979 -97272 -97272 -97272 902594 902594 902594 10181828 1936768 16710 395082 260754 63213 71115 1137738 875794 212871 49073 6501 4820 1171 510 136465 101189 24577 10699 163603 121312 29465 12826 159393 159393 127081 127081 316947 129909 116924 70114 423640 314119 76304 33217 43430 32202 7822 3406 22589 16749 4069 1771 213055 157975 38374 16706 53610 14949 37080 1581 PRODUCTION FACILITIES & E 1478224 1478224 PERFORMERS, CHORUS & ORCH 1400510 1400510 PRODUCTION COSTS 1353589 1353589 FACILITY AND EQUIPMENT 745315 552633 134242 58440 213144 165906 32911 14327 8389916 6980634 1065497 343785 174619 119472 943964 166278 73000 162515 160425 1058072 329707 823264 728365 3441402 3490411 302322 252430 5921086 4917381 712429 704052 57030 49059 100000 1263115 4827278 931672 5696737 2947898 X -4533112 -2787978 4757461 4757461 224349 1969483 5921086 4917381 1791912 -46778 X X false true X true false X 2735167 209853 6631713 3188407 8228350 20993490 1928207 860174 536022 2278816 1936768 7539987 4663374 1070027 7167735 5467223 10165118 28533477 530788 1464100 1994888 530788 1464100 1994888 26538589 133814 135338 78401 154346 113982 615881 133814 135338 78401 154346 113982 615881 31029 2509 33538 4828217 1207874 7246136 5621569 10279100 29182896 0.90940 0.77540 0.02000 0.02000 X PART III, LINE 12 33,538 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4757461 257647 1524697 3490411 4757461 4757461 4594799 162662 4757461 4555365 39434 4594799 4230215 355913 30763 4555365 1.00000 false false 23345 8560 14785 923472 282078 641394 111255 39069 72186 728365 SECURITY DEPOSITS 252430 252430 NOTES TO GENERAL UNSECURED CREDITORS 600321 PENSION ACCRUAL 232340 ADMINISTRATIVE, PRIORITY AND OTHER 99011 931672 X 10228606 46778 46778 10181828 10181828 8389916 8389916 8389916 SCHEDULE D, PAGE 3, PART X NYCO IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTRNAL REVENUE CODE (THE "CODE") AND FROM STATE INCOME TAXES. NYCO RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE,NYCO ASSESSES THE LIKELIHOOD, BASED ON ITS TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT EVALUATED NYCO'S TAX POSITIONS AND CONCLUDED THAT NYCO HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XIII PART V, LINE 4: NYCO'S ENDOWMENT CONSISTS OF PERMANENTLY RESTRICTED FUNDS THAT PROVIDE A FUNDING STREAM FOR NYCO'S PROGRAMS. false false false false false false false false false MICHAEL CAPASSO GENERAL DIRECTOR 248077 18034 248077 18034 KRISTIN SAMPSON SECRETARY/TREASURER 147005 10764 147005 10764 BRIDGE FUND LOAN BOARD CHAIRMAN X 550000 1263115 false true true 1263115 X 2 FMV OF SECURITY X 1 37084 false false false FORM 990, PAGE 1, ITEM B SUBSEQUENT TO THE PREPARATION OF THE AUDITED FINANCIAL STATEMENTS, MINOR ADJUSTMENTS WERE MADE TO THE PROFIT & LOSS AND BALANCE SHEET TO MATCH THE FINANCIALS. FORM 990 - ORGANIZATION'S MISSION NEW YORK CITY OPERA WAS A FAMOUSLY DUBBED "THE PEOPLE'S OPERA" BY MAYOR FIORELLO LAGUARDIA AT ITS FOUNDING IN 1943. MORE THAN 70 YEARS LATER, CITY OPERA CONTINUES ITS HISTORIC MISSION TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA, NURTURE THE WORK OF PROMISING AMERICAN ARTISTS, AND BUILD NEW AUDIENCES THROUGH AFFORDABLE TICKET PRICES AND EXTENSIVE OUTREACH AND EDUCATION PROGRAMS. FORM 990, PAGE 2, PART III, LINE 4A ALSO PRESENTED FREE OPERA PERFORMANCES IN BRYANT PARK, ENABLING THOUSANDS OF NEW YORKERS TO EXPERIENCE OPERA IN A RELAXED, FAMILIAR ENVIRONMENT. FORM 990, PAGE 6, PART VI, LINE 2 ROY NIEDERHOFFER JENNY NIEDERHOFFER BOARD CHAIRM MEMBER FAMILIAL RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY MANAGEMENT WITH THE ACCOUNTANTS. THE ENTIRE FORM 990 WITH ALL SCHEDULES IS E-MAILED IN PDF FORMAT TO EVERY VOTING BOARD MEMBER PRIOR TO SUBMITTING THE FORM TO THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS. COVERED PERSONS ARE REQUIRED TO DISCLOSE ANNUALLY ANY ACTUAL AND POTENTIAL CONFLICTS TO THE BOARD CHAIR, WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE ENTIRE BOARD FOR REVIEW AND DETERMINATION OF WHETHER ANY ACTUAL CONFLICT EXISTS AND THE APPROPRIATE ACTION TO BE TAKEN. ANY BOARD MEMBER WITH A POTENTIAL CONFLICT OF INTEREST IS TO RECUSE ONESELF FROM PARTICIPATING IN THE DISCUSSION AND VOTING ON THE MATTER. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION'S PERSONNEL COMMITTEE CHAIRED BY THE TREASURER IS RESPONSIBLE FOR REVIEWING AND APPROVING THE GENERAL DIRECTOR'S ANNUAL COMPENSATION. THE PERSONNEL COMMITTEE REVIEWS COMPARABLE DATA OF SIMILAR TYPES OF ORGANIZATIONS WITHIN THE SAME GEOGRAPHIC AREA TO DETERMINE THE COMPENSATION OF THE GENERAL DIRECTOR. THE PERSONNEL COMMITTEE COMMUNICATES ITS CONCLUSIONS REACHED ON THE GENERAL DIRECTOR'S COMPENSATION TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION WILL MAKE ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORMS 990 AND 1023 ARE AVAILABE UPON WRITTEN REQUESTS. FORM 990, PAGE 12, PART XII, LINE 1 THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.