2018-05-24T15:24:37-05:00 2017-08-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2016-09-01 310549044 CINCINNATI OPERA ASSOCIATION INC CINC 5136211919 1243 ELM ST MUSIC HALL CINCINNATI OH 45202 Patricia K Beggs General Director & CEO 5136211919 2018-05-22 1 Paula Hume P00537516 5132418313 2016 2022-09-23 18:48:47Z Patricia K Beggs 1243 ELM ST MUSIC HALL CINCINNATI OH 45202 11418415 0 X www.cincinnatiopera.org X 1935 OH To enrich and connect the community through diverse opera experiences. 68 68 276 175 6987 -28556 6197604 4355198 1540742 1555402 783310 1256158 131892 170294 8653548 7337052 0 0 0 0 5634767 5310518 0 0 734633 2910554 2457860 8545321 7768378 108227 -431326 35573923 36067137 2442145 1528960 33131778 34538177 X The second oldest opera company in America, Cincinnati Opera presents dynamic opera productions every summer in Cincinnati's historic Music Hall. (Due to the construction at Music Hall, this season was presented at the Aronoff Center for the Arts). 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 5846570 1555402 Grand Productions included Giacomo Puccini's beautiful La Boheme and Wolfgang Amadeus Mozart's The Magic Flute. The Opera's second stage initiative known as CO2, presented the opera Frida, based on the life of Mexican painter Frida Kahlo. The Opera's third stage initiative known as CO Next: Diverse Voices, presented the first opera in our history that was composed by a women, Missy Mazzoli...Song from the Uproar is based on the life and journals of Isabelle Eberhardt. Total number of productions: 4. Number of performances:19 (11 performances sold-out).In fiscal year 2016-2017, over 139,000 people from 38 states and 8 different countries experienced Cincinnati Opera for performances at The Aronoff Center for the Arts, and community events such as Opera in the Park, 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." 5846570 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 78 0 1 276 1 1 1 0 0 0 0 1 1 0 0 0 0 X 68 68 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 Robert W Olson Vice President 4.00 X X 0 0 0 Cathy Crain Vice President 4.00 X X 0 0 0 Alva Jean Crawford Secretary 4.00 X X 0 0 0 Timothy C Kimmel Treasurer 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 Charlin Briggs 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 Mark J Busher Vice President 4.00 X X 0 0 0 Richard I Lauf PhD Vice President 4.00 X X 0 0 0 Donald Hoffman Vice President 4.00 X X 0 0 0 Liz Kathman Grubow Vice President 4.00 X X 0 0 0 Kevin C Jones Vice President 4.00 X X 0 0 0 David Motch Vice President 4.00 X X 0 0 0 Ronna K Willis Vice President 4.00 X X 0 0 0 Catharina Toltzis PhD Trustee 2.00 X 0 0 0 Christopher Baucom Trustee 2.00 X 0 0 0 Cynthia Starr Trustee 2.00 X 0 0 0 Gordon Hullar 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 Jeannine Winkelmann Trustee 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 Margaret M LeMasters MD Trustee 2.00 X 0 0 0 Mario Zuccarello MD Trustee 2.00 X 0 0 0 Michael L Cioffi Trustee 2.00 X 0 0 0 Mona Kerstine Trustee 2.00 X 0 0 0 Nydia Tranter Trustee 2.00 X 0 0 0 Pamela Spangler Reis Trustee 2.00 X 0 0 0 Peggy Ann Markstein Trustee 2.00 X 0 0 0 Peter Graham 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 Thomas F Boat MD Trustee 2.00 X 0 0 0 Vicki Alpaugh Trustee 2.00 X 0 0 0 Barbara Hummel Trustee 2.00 X 0 0 0 Harry Santen Trustee 2.00 X 0 0 0 Jennifer Bellin Trustee 2.00 X 0 0 0 Matthew Garretson Trustee 2.00 X 0 0 0 Michael Marrero Trustee 2.00 X 0 0 0 Penny Pensak Trustee 2.00 X 0 0 0 Peter Stambrook PhD Trustee 2.00 X 0 0 0 Denise Revely Trustee 2.00 X 0 0 0 George Mandybur MD Trustee 2.00 X 0 0 0 Julie Grady Heard Trustee 2.00 X 0 0 0 Ran Mullins Trustee 2.00 X 0 0 0 Russell Shelton Trustee 2.00 X 0 0 0 Beatriz Porras MD Trustee - Joined 9/16 2.00 X 0 0 0 Candace Cioffi Trustee - Joined 9/16 2.00 X 0 0 0 Doug Ignatius Trustee - Joined 9/16 2.00 X 0 0 0 Kathy Selker Trustee - Joined 9/16 2.00 X 0 0 0 Melanie M Chavez Trustee - Joined 9/16 2.00 X 0 0 0 Nanci Wilks Lanni Trustee - Joined 9/16 2.00 X 0 0 0 Ralph Gianella MD Trustee - Joined 9/16 2.00 X 0 0 0 Renu Kotwal MD Trustee - Joined 9/16 2.00 X 0 0 0 Vivienne Carlson Trustee - Joined 9/16 2.00 X 0 0 0 Patricia K Beggs General Director & CEO 40.00 X 210993 0 18059 Christopher A Milligan Managing Director 40.00 X 118611 0 14985 Michael J Veroni CFO 40.00 X 106749 0 11100 Evans J Mirageas Artistic Director 40.00 X 156467 0 6058 Glenn L Plott Director of Production 40.00 X 124032 0 15190 Sneja Tomassian Director of Development 40.00 X 101781 0 15757 818633 0 81149 6 0 1 0 Cincinnati Arts Association 650 Walnut Street Cincinnati OH 45202 Production personnel, rent 1591880 Cincinnati Symphony Orchestra 1241 Elm Street Cincinnati OH 45202 Orchestra 710120 PNC Bank PO Box 856177 Louisville KY 40285 Credit Cards 265031 Anthem Blue Cross & Blue Shield PO Box 105673 Atlanta GA 303485673 Health Insurance 197569 Vulcan Property 30 Garfield Place Cincinnati OH 45202 Office Rent 168076 6 918696 196231 183209 3057062 128627 4355198 Event Revenue 711190 1462340 1462340 Set Rental Income 711190 57617 57617 Shared Services Income 711190 18120 18120 Education Outreach 711190 17325 17325 1555402 840054 7589 832465 360409 142660 217749 217749 -602 218351 4196580 3780476 416104 416104 416104 110772 196231 158227 -47455 -47455 7337052 1555402 6987 1419465 634064 348251 228550 57263 4274289 3446091 463058 365140 48798 15271 18464 15063 183191 161623 7288 14280 170176 138064 18150 13962 25300 25300 422704 369006 53698 192018 38277 103208 50533 103723 79722 13566 10435 56319 56319 351168 168774 99113 83281 46246 46246 12586 12586 56868 21265 35603 431513 261959 169554 46586 37172 5321 4093 Storage/New Century Cam 182072 163732 18340 Education programs 133937 133937 Scenery 105935 105935 Production & Artistic 98144 98144 192741 156782 35959 7768378 5846570 1187175 734633 349533 186450 2549653 2346186 183440 131009 102878 389379 9414799 7065800 2815190 2348999 21288725 21678306 8236958 8933875 47546 52933 35573923 36067137 503400 244326 110590 227515 1828155 1057119 2442145 1528960 X 9971838 10222150 2265200 2724370 20894740 21591657 33131778 34538177 35573923 36067137 X -431326 1140808 696917 X X 0 1 X 1 0 X 6933752 9431752 8837319 6197604 4355198 35755625 6933752 9431752 8837319 6197604 4355198 35755625 12040751 23714874 509500 595059 767469 897383 840054 3609465 1271 4709 11835 17815 44869 29649 74518 39457423 7970050 0.60100 0.61040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21288725 1556912 1167331 21678306 20292045 1836858 690229 1530407 21288725 18322751 3429940 -942415 518231 20292045 11752304 5346511 1580244 356308 18322751 8727750 2830234 517464 323144 11752304 0.41780 0.56080 0.02140 1 0 2295390 699388 1596002 4746749 4086143 660606 2372660 2280269 92391 2348999 Beneficial Interest in Assets 8933875 F 8933875 X 9520287 1140808 44622 997805 2183235 7337052 0 7337052 8113888 44622 300888 345510 7768378 0 7768378 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 158,227. Change in Value of Beneficial Interest Held by Others 696,917. Rental Expenses 142,661. Part XII, Line 2d - Other Adjustments: Special Event Expense 158,227. Rental Expenses 142,661. Opera Gala 257720 179481 78239 34179 5000 39936 35825 23601 Pride Night 31713 16750 14963 1000 383 5914 1 17570 17570 9553 2856 307003 196231 110772 34179 6000 49872 35825 32371 158247 -47475 X 1 1 X X X X 0 0 0 0 0 1 0 0 0 Patricia K Beggs General Director & CEO 210993 0 0 0 0 0 6661 0 11398 0 229052 0 0 0 Evans J Mirageas Artistic Director 156467 0 0 0 0 0 4694 0 1364 0 162525 0 0 0 Part I, Line 1a The membership was for the Queen City Club. Meetings and business lunches are held there. Part I, Line 6 In any fiscal year for which COA has a surplus in its reconciled operating statement based on COA's normal accounting practices, Patricia Beggs will be paid a bonus of the lesser of $10,000 or amount of such surplus. X 13 94448 FMV X Event Donations 125 34179 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. 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 696,917. Form 990, Part XII, Line 2c: The organization did not change its selection or oversight process during the current tax year. Opera the Rhine LLC 1243 Elm Street Cincinnati OH 45202 811539474 Ownership of Reinhold Drive Warehouse OH 141735 1596002