2018-02-09T07:04:15-08:00 2017-05-31 Christopher Smith Leonard Etal 1515 Ringling Blvd Suite 900 Sarasota FL 34236 990 2016-06-01 237089047 Sarasota Opera Association Inc SARA 9413668450 61 N Pinapple Avenue Sarasota FL 34236 Richard A Russell Executive Director 2018-02-06 true Lisa R Johnson P00277830 9419544040 2016 2021-01-29 14:40:06Z Richard Russell 4715 Carrington Cirlce Sarasota FL 34243 25960647 false false X www.sarasotaopera.org X 1961 FL TO PRODUCE OUTSTANDING OPERA TRUE TO THE VISION OF THE COMPOSER, TO ENTERTAIN, ENRICH, AND EDUCATE THE COMMUNITIES IN SOUTHWEST FLORIDA AS WELL AS PATRONS FROM ACROSS THE STATE AND AROUND THE WORLD. 23 23 151 300 0 5037037 7443911 3745135 3202405 496242 505395 326316 137804 9604730 11289515 18500 11500 0 4554638 4097547 0 548724 4893882 4491734 9467020 8600781 137710 2688734 24536509 28909234 1236267 2712487 23300242 26196747 TO PRODUCE OUTSTANDING OPERA TRUE TO THE VISION OF THE COMPOSER, TO ENTERTAIN, ENRICH, AND EDUCATE THE COMMUNITIES IN SOUTHWEST FLORIDA AS WELL AS PATRONS FROM ACROSS THE STATE AND AROUND THE WORLD. TO PRODUCE SUCH OPERAS; AND TO FOSTER, PROMOTE, AND INCREASE PUBLIC KNOWLEDGE AND APPRECIATION OF OPERA AND SIMILAR PRESENTATIONS; TO INSTRUCT, TRAIN AND EDUCATE BOTH STUDENTS AND THE PUBLIC, GENERALLY, IN OPERA, MUSIC AND RELATED PERFORMING ARTS; AND TO RENT, ACQUIRE FOR USE, OR OWN, MAINTAIN, AND OPERATE A PLACE OR PLACES TO ACCOMPLISH THESE OBJECTIVES. false false 6052409 11500 3202405 Sarasota Opera presented 42 opera performances; 10 concerts; outreach andeducational programs including collaborations with other organizations reachingnearly 50,000 patrons in Southwest florida. 2,000 youths participated in school-based cultural events through the Opera's Youth Opera program, which also servesas a conduit for appearances in fully-staged opera productions. 6052409 true true false false false false false false false true true false false false false true true false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false true 305 0 true 151 true false false false false false false true true false 0 false false false false false false false false false false X 23 23 false false false false false false false true true false true true true true true true true true true true false FL X X X KEN TARASI 9413668450 61 N Pinapple Avenue Sarasota FL 34236 Jonathan S Coleman Trustee 2.00 0.00 X 0 0 0 Rosanne Martorella Trustee 2.00 0.00 X 0 0 0 Ulysses Brualdi Trustee 2.00 0.00 X 0 0 0 Toby Siegel Trustee 2.00 0.00 X 0 0 0 Edward C Bavaria Trustee 2.00 0.00 X 0 0 0 William D Tompkins Trustee 2.00 0.00 X 0 0 0 Harold R Ronson Trustee 2.00 0.00 X 0 0 0 Ron Archbold Trustee 2.00 0.00 X 0 0 0 Angelo M Fatta Dr Trustee 2.00 0.00 X 0 0 0 Syble Di Girolamo Treasurer 5.00 0.00 X X 0 0 0 Waldron Kraemer Secretary 5.00 0.00 X X 0 0 0 Carol English Trustee 2.00 0.00 X 0 0 0 Kim Nettles Trustee 2.00 0.00 X 0 0 0 Murray Bring Vice Chairman 5.00 0.00 X X 0 0 0 Stan Abshier Trustee 2.00 0.00 X 0 0 0 Linda Moretti Trustee 2.00 0.00 X 0 0 0 David Chaifetz Chairman 15.00 0.00 X X 0 0 0 Jo Ann Frye Trustee 2.00 0.00 X 0 0 0 J Sumner Bagby Trustee 2.00 0.00 X 0 0 0 Donald J Worthington Trustee 2.00 0.00 X 0 0 0 Jack Wright Trustee 2.00 0.00 X 0 0 0 Janet Huelster Trustee 2.00 0.00 X 0 0 0 Steve Sabato Trustee 2.00 0.00 X 0 0 0 Peter Phillipes Guild President 2.00 0.00 X 0 0 0 Arthur Siciliano Trustee 2.00 0.00 X 0 0 0 Stacy Ridenour Development Dir 50.00 0.00 X 106000 0 7817 Richard Russell Executive Dir. 50.00 0.00 X 208528 0 7817 Kenneth Tarasi Dir. of Finance 50.00 0.00 X 97733 0 0 412261 15634 2 false true false Design Services Sarasota 1940 13th St Sarasota FL 34236 Design 126378 DERENZI & SUNDINE INC 210 WEST 101 ST 9E NEW YORK NY 10025 ARTISTIC DIRECTION 406993 Datum Corporation 6009 Business Blvd Sarasota FL 34240 IT / Service Maint 168622 SRO Associates 21014 Great Navajo San Antonio TX 78257 Set Building 149129 Rosemary Square LLC 555 S Osprey Ave Sarasota FL 34236 Add/Adj to condo 142933 5 9215 207019 7227677 7443911 OPERA PRODUCTIONS 711110 2806363 2806363 RENTAL INCOME 711110 297310 297310 SARASOTA YOUTH OPERA 711110 98732 98732 3202405 152946 152946 0 0 0 14714162 2600 14359125 5188 355037 -2588 352449 352449 301989 9215 306819 -4830 -4830 0 0 MISCELLANEOUS REVENUE 711110 142634 142634 142634 11289515 3345039 500565 0 11500 11500 0 0 465191 323643 122487 19061 0 3301197 2296707 869223 135267 3721 3721 188556 38671 111468 38417 138882 59011 62925 16946 0 3328 3328 28391 28391 0 0 39474 39474 0 268215 17651 250564 170406 114191 40654 15561 84873 84873 0 287757 254847 32910 122823 119554 3107 162 0 2747 787 1960 11270 11270 0 580830 571080 9750 219986 206411 13575 Production 751450 722021 7986 21443 Rent & Housing 560876 473955 86921 IATSE SUMMARY 463409 463409 Capital Campaign 427949 257765 170184 467950 255411 82816 129723 8600781 6052409 1999648 548724 864690 219998 89361 582151 2178617 1950986 318380 110918 0 0 0 0 74510 133139 26854888 8936431 12580990 17918457 6142545 7960245 0 0 0 2287416 33340 24536509 28909234 146849 146882 1089418 1150605 1415000 1236267 2712487 X 15304809 16727475 1891898 1988210 6103535 7481062 23300242 26196747 24536509 28909234 2688734 207771 X false true X true false X 3197520 4082131 6655916 5037037 7443911 26416515 3455155 3409069 3341081 3745135 3202405 17152845 0 0 0 6652675 7491200 9996997 8782172 10646316 43569360 0 0 43569360 599865 436724 1929670 496242 505395 3967896 0 599865 436724 1929670 496242 505395 3967896 0 507880 325542 319722 326316 137804 1617264 7760420 8253466 12246389 9604730 11289515 49154520 0.88640 0.87840 0.08070 0.07920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6142545 1440227 674973 297500 7960245 6661402 156210 -131567 543500 6142545 5697513 880000 301890 218001 6661402 4757225 592950 622983 275645 5697513 5016599 35000 738037 1032411 4757225 0.03000 0.89000 0.08000 true false false 464466 464466 22841950 6201603 16640347 2689441 2499679 189762 859031 235149 623882 17918457 X 11804105 207771 207771 11596334 -306819 -306819 11289515 8907600 306819 306819 8600781 8600781 Part V, Line 4: Intended uses of the endowment fund. TO PROVIDE A STABLE FLOW OF RESOURCES FOR CURRENT OPERATIONS. Part X : FIN48 Footnote The Association is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Income from certain activities not directly related to the Associations tax-exempt purposes is subject to taxation as unrelated business income. In addition, contributions to the Association qualify for the charitable contribution deduction under Section 170(b)(1)(A). Management believes the Association has no material unrecognized income tax benefits, including any potential loss of their tax exempt status. The Association has no ongoing federal, state or local tax audits; however, the Associations tax returns for the previous three fiscal years remain open to examination. Part XII, Line 2d: Other expenses and losses per audited F/S special events expense $306819 false Guilds 135954 9215 126739 132616 OPENING NIGHT GALA 121605 121605 84243 3 53645 53645 34160 311204 9215 301989 251019 251019 50970 true 0 0 Financial Scholarship 8 11500 X X X X X X false false false false false false false false false false Richard Russell Executive Dir. 208528 7817 216345 Form 990, Part VI, Line 11b: Form 990 Review Process The board through its finance committee, reviews and approves the form 990 prior to its filing with the IRS. The finance committee reports its review and upon final approval by the board, the 990 is filed with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE ORGANIZATION REQUIRES ALL POTENTIAL CONFLICTS OF INTEREST TO BE REPORTED TO A SUPERVISOR AND/OR TO THE EXECUTIVE DIRECTOR. THE ORGANIZATION REQUIRES CONFLICTS OF INTEREST TO BE AVOIDED OTHER THAN TO THE EXTENT THE EXECUTIVE DIRECTOR HAS PROVIDED THE EMPLOYEE WITH A WRITTEN EXEMPTION. the board of trustees are asked to disclose any conflicts of interest at their annual meeting. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The organization engages a human resource committee which functions as a compensation committee which reviews industry compensation surveys, analyzes opera's budget, seeks board/committee approvals. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available all required disclosures are made available upon request or at www.guidestar.org. form 990, part vii, sections a & b victor derenzi, the artistic director is paid through his corporation, derenzi & sundine, inc. Derenzi and Sundine Inc. is an independent contractor of Sarasota Opera Association, Inc.