2019-04-30T15:02:58-05:00 2018-08-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2017-09-01 310549044 Cincinnati Opera Association Inc CINC 5137685500 1243 Elm St Music Hall Cincinnati OH 45202 Patricia K Beggs General Director & CEO 5137685500 2019-04-05 1 Paula Hume P00537516 5132418313 216.196.129.6 2019-04-05 13:12:14 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1CA9B4A504D0314FA2A13CFD5AFE390DEF715523 2017 2019-02-21 02:37:17Z Patricia K Beggs 1243 Elm St Music Hall Cincinnati OH 45202 10106224 0 X www.cincinnatiopera.org X 1935 OH To enrich and connect the community through diverse opera experiences. 76 76 199 175 -20668 -38255 4355198 4026516 1555402 2188399 1256158 2352385 170294 51803 7337052 8619103 0 0 0 0 5310518 5537539 0 0 837380 2457860 3673605 7768378 9211144 -431326 -592041 36067137 35790700 1528960 1466664 34538177 34324036 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 7073611 2188399 Grand Productions included Giuseppe Verdi's moving La Traviata, Richard Wagner's stormy The Flying Dutchman and Pink Floyd's Roger Waters' U.S. premiere of Another Brick in the Wall. The Opera's second stage initiative known as CO2, presented the opera The Coronation of Poppea, music by Claudio Monteverdi. The Opera's third stage initiative known as CO Next: Diverse Voices, presented Laura Kaminsky's touching As One. Total number of productions: 5. Number of performances: 21.In fiscal year 2017-2018, over 182,000 people from 44 states and 8 different countries experienced Cincinnati Opera for performances at the beautifully restored Music Hall, and community events such as Back to the Zoo, and Opera Goes to Church.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." 7073611 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 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 43 0 1 199 1 1 1 0 0 0 0 1 1 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 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 Timothy C Kimmel Treasurer - left 09/2018 4.00 X X 0 0 0 Barbara Hahn 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 John G Earls 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 Liz Kathman Grubow Vice President 4.00 X X 0 0 0 Mark J Busher Vice President - left 09/2018 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 - joined 09/2017 2.00 X 0 0 0 Anne Zaring Trustee - joined 09/2017 2.00 X 0 0 0 Barbara Hummel Trustee 2.00 X 0 0 0 Beatriz Porras MD Trustee - left 09/2018 2.00 X 0 0 0 Bradley Skidmore MD Trustee - joined 09/2017 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 - joined 09/2017 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 - joined 09/2017 2.00 X 0 0 0 George Mandybur MD Trustee - left 09/2018 2.00 X 0 0 0 Gordon Hullar Trustee - left 09/2018 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 - joined 09/2017 2.00 X 0 0 0 Litsa Spanos Trustee 2.00 X 0 0 0 Madeleine H Gordon Trustee 2.00 X 0 0 0 Mark Schroer MD Trustee - joined 09/2017 2.00 X 0 0 0 Mario Zuccarello MD Trustee 2.00 X 0 0 0 Mary Ann Boorn Trustee - joined 09/2017 2.00 X 0 0 0 Matthew Garretson Trustee 2.00 X 0 0 0 Michael L Cioffi Trustee 2.00 X 0 0 0 Michael Marrero Trustee 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 Otto M Budig Jr Trustee - joined 09/2017 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 - joined 09/2017 2.00 X 0 0 0 Peter Graham Trustee 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 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 - joined 09/2017 2.00 X 0 0 0 Thaddeus H Driscoll Trustee - joined 09/2017 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 Kathy Selker Trustee - left 09/2017 2.00 X 0 0 0 Margaret M LeMasters MD Trustee - left 09/2017 2.00 X 0 0 0 Peggy Ann Markstein Trustee - left 09/2017 2.00 X 0 0 0 Ran Mullins Trustee - left 09/2017 2.00 X 0 0 0 Patricia K Beggs General Director & CEO 40.00 X 221250 0 19657 Christopher A Milligan Managing Director 40.00 X 116884 0 15471 Michael J Veroni CFO 40.00 X 108499 0 13974 Evans J Mirageas Artistic Director 40.00 X 161317 0 6373 Glenn L Plott Director of Production 40.00 X 116054 0 15399 Sneja Tomassian Director of Development 40.00 X 122358 0 15610 Marcus Kuchle Director of Artistic Operations & New Work Develop 40.00 X 110814 0 15237 957176 0 101721 7 0 1 0 Cincinnati Arts Association 650 Walnut Street Cincinnati OH 45202 Production personnel, rent 1846549 Cincinnati Symphony Orchestra 1241 Elm Street Cincinnati OH 45202 Orchestra 797353 PNC Bank PO Box 856177 Louisville KY 40285 Credit Cards 247918 Anthem Blue Cross & Blue Shield PO Box 105673 Atlanta GA 303485673 Health Insurance 218353 Vulcan Property 30 Garfield Place Cincinnati OH 45202 Office Rent 140850 5 923161 155850 214581 2732924 307783 4026516 Event Revenue 711190 2059215 2059215 Other program income 711190 47656 47656 Set Rental Income 711190 36451 36451 Education Outreach 711190 29160 29160 Merchandise Income 711190 15917 15917 2188399 1046698 -27137 1073835 141419 131850 9569 9569 6469 3100 2131622 250000 1075935 0 1055687 250000 1305687 1305687 321570 155850 279336 42234 42234 8619103 2188399 -20668 2424856 663425 367556 235642 60227 4565373 3800720 289537 475116 40358 10256 13274 16828 132051 44156 38552 49343 136332 59913 39712 36707 4374 2942 1432 26150 26150 597003 537622 59381 128737 14685 113190 862 124589 78987 22801 22801 138632 138632 245365 175760 55684 13921 96304 61605 29338 5361 19664 15473 4191 25684 25684 448299 290074 158225 54095 45512 6437 2146 Scenery 410404 410404 Production & Artistic 285240 285240 Moving Expenses 244992 122496 122496 OTR Warehouse 203899 203899 620174 397468 132210 90496 9211144 7073611 1300153 837380 186450 269691 2346186 1728825 131009 152445 389379 155479 9034305 7103218 2348999 1931087 21678306 22196411 8933875 9303026 52933 53736 36067137 35790700 244326 426447 227515 22332 1057119 1017885 1528960 1466664 X 10222150 9982044 2724370 2381186 21591657 21960806 34538177 34324036 36067137 35790700 X -592041 8751 369149 X X 0 1 X 1 0 X 9431752 8837319 6197604 4355198 4026516 32848389 9431752 8837319 6197604 4355198 4026516 32848389 10658538 22189851 595059 767469 897383 840054 1046698 4146663 1271 4709 11835 83077 100892 29649 29649 37125593 8509219 0.59770 0.60100 X 21678306 54492 1064438 600825 22196411 21288725 1556912 1167331 21678306 20292045 1836858 690229 1530407 21288725 18322751 3429940 -942415 518231 20292045 11752304 5346511 1580244 356308 18322751 0.41000 0.55000 0.04000 1 0 1841541 368308 1473233 4746749 4402592 344157 2446015 2332318 113697 1931087 Beneficial Interest in Assets 9303026 F 9303026 X 9427605 8751 19416 780335 808502 8619103 0 8619103 9641746 19416 411186 430602 9211144 0 9211144 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 279,336. Change in Value of Beneficial Interest Held by Others 369,149. Rental Expenses 131,850. Part XII, Line 2d - Other Adjustments: Special Event Expense 279,336. Rental Expenses 131,850. Opera Gala 355883 108550 247333 111921 14560 28955 50536 19053 Opening Night Dinner 97210 47300 49910 7950 23188 1216 14560 1 24327 24327 1256 150 5991 477420 155850 321570 111921 23766 52143 51902 39604 279336 42234 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Patricia K Beggs General Director & CEO 221250 0 0 0 0 0 6677 0 12980 0 240907 0 0 0 Evans J Mirageas Artistic Director 161317 0 0 0 0 0 4839 0 1534 0 167690 0 0 0 Part I, Line 1a The membership was for the Queen City Club. Meetings and business lunches are held there. X 21 195862 FMV X Event Donations 125 111921 FMV 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, George Mandybur 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 Chair 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 XI, line 9: Change in Value of Beneficial Interest Held by Others 369,149. 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 141419 1507268