2017-03-24T08:49:31-05:00 2016-08-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2015-09-01 310549044 Cincinnati Opera Association Inc CINC 5136211919 30 Garfield Place No 800 Cincinnati OH 45202 Patricia K Beggs General Director & CEO 5136211919 2017-03-20 1 Paula Hume P00537516 5132418313 2015 2021-01-29 14:40:06Z Patricia K Beggs 30 Garfield Place No 800 Cincinnati OH 45202 19704335 0 X www.cincinnatiopera.org X 1935 OH 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. 70 70 273 175 4930 -1830 8837319 6197604 1580684 1540742 1444899 783310 -44648 131892 11818254 8653548 0 0 0 0 5235546 5634767 0 0 682536 2554652 2910554 7790198 8545321 4028056 108227 33306996 35573923 1225666 2442145 32081330 33131778 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 6619825 1540742 Grand Productions included Johann Strauss, Jr's Die Fledermaus, Ludwig van Beethoven's only opera, Fidelio and Giacomo Puccini's glorious Tosca. The Opera's new initiative known as CO2, presented the world premiere of Fellow Travelers. The New York Times chose Fellow Travelers as one of the Best Classical Music Events in 2016! The number of productions: 4. Number of performances:17. In fiscal year 2015-2016, over 87,000 people experienced Cincinnati Opera at 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/Temple. In addition, the Opera has three categories of experience designed to inspire, integrated classroom experiences, and lectures. These include Opera Raps, Opera Insights, OperaCadabra, and 16 performances of the touring opera, The Barber of Seville. 6619825 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 126 0 1 273 1 1 1 0 0 0 0 1 1 0 0 0 0 X 70 70 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 30 Garfield Place Suite 800 Cincinnati OH 45202 Murray Sinclaire Jr President 8.00 X X 0 0 0 Robert W Olson Co-Chairman 4.00 X X 0 0 0 Cathy Crain Co-Chairman 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 Elizabeth M Stites Vice President 4.00 X X 0 0 0 Gary T Doc Huffman President-Elect 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 Lisa M Hillenbrand 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 Carla D Walker Vice President- left 9/15 4.00 X X 0 0 0 Robert J Hasl MD Vice President- deceased 4/16 4.00 X X 0 0 0 Barbara Gould Trustee 2.00 X 0 0 0 Benjamin G Dusing 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 Cynthia Goodman PhD Trustee 2.00 X 0 0 0 Cynthia Starr Trustee 2.00 X 0 0 0 Eric Dauer 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 Monica Newby DDS 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 Christopher Smith CFRE 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 Roger Henry LaGreca Trustee 2.00 X 0 0 0 Peter George Courlas Trustee 2.00 X 0 0 0 Denise Revely Trustee- joined 5/16 2.00 X 0 0 0 George Mandybur MD Trustee- joined 5/16 2.00 X 0 0 0 Julie Grady Heard Trustee- joined 9/15 2.00 X 0 0 0 Lee Ann Liska Trustee- joined 9/15 2.00 X 0 0 0 Ran Mullins Trustee- joined 5/16 2.00 X 0 0 0 Russell Shelton Trustee- joined 5/16 2.00 X 0 0 0 Ann Gallagher Schoen Trustee- left 9/15 2.00 X 0 0 0 Anne M Zaring Trustee- left 9/15 2.00 X 0 0 0 Bertie Ray III Trustee- left 9/15 2.00 X 0 0 0 David Reichert Trustee- left 9/15 2.00 X 0 0 0 Joanie Lotts Trustee- left 9/15 2.00 X 0 0 0 Karl Kusturok Trustee- left 9/15 2.00 X 0 0 0 Kathy Selker Trustee- left 9/15 2.00 X 0 0 0 Phyllis J Weston Trustee- left 12/15 2.00 X 0 0 0 Robert L Walker Trustee- left 9/15 2.00 X 0 0 0 William Stanley Morton Trustee- left 9/15 2.00 X 0 0 0 Patricia K Beggs General Director & CEO 40.00 X 219508 0 19876 Christopher A Milligan Managing Director 40.00 X 153825 0 17240 Michael J Veroni CFO 40.00 X 105569 0 9239 Evans J Mirageas Artistic Director 40.00 X 156559 0 5538 Glenn L Plott Director of Production 40.00 X 117986 0 15732 Sneja Tomassian Director of Development 40.00 X 101541 0 16249 854988 0 83874 6 0 1 0 Cincinnati Arts Association 650 Walnut Street Cincinnati OH 45202 Production personnel, rent 1365927 Cincinnati Symphony Orchestra 1241 Elm Street Cincinnati OH 45202 Orchestra 673318 PNC Bank PO Box 856177 Louisville KY 40285 Credit Cards 333319 Anthem Blue Cross & Blue Shield PO Box 105673 Atlanta GA 303485673 Health Insurance 205670 Mystic Scenic Studios 293 Lenox Street Norwood MA 02062 Design & Build 174995 6 907272 179945 190709 4919678 1175694 6197604 Event Revenue 711190 1228829 1228829 Set Rental Income 711190 283546 283546 Education Outreach 711190 19367 19367 Shared Services Income 711190 9000 9000 1540742 897383 2791 894592 197603 69030 128573 128573 2139 126434 10640941 10755014 -114073 -114073 -114073 230062 179945 226743 3319 3319 8653548 1540742 4930 910272 525257 162458 302953 59846 4723373 3964992 405124 353257 39609 12712 16169 10728 162961 154764 2204 5993 183567 151093 18355 14119 24600 24600 476911 416958 59953 207771 37635 101619 68517 96843 74740 12493 9610 11437 11437 368128 235977 99113 33038 67459 67459 5348 5348 25159 18352 6807 487435 274408 213027 38728 30545 4626 3557 Costumes 378245 378245 0 0 Scenery 333761 333761 0 0 Education programs 151539 151539 0 0 New Century Campaign/ad 80680 22110 58570 156510 120640 35870 8545321 6619825 1242960 682536 598490 349533 2695113 2549653 10289 183440 143029 102878 9403461 6588271 1467381 2815190 20292045 21288725 8099040 8236958 1609 47546 33306996 35573923 318699 503400 92148 110590 814819 1828155 1225666 2442145 X 8246725 9971838 3172565 2265200 20662040 20894740 32081330 33131778 33306996 35573923 X 108227 804302 137919 X X 0 1 X 1 0 X 4679917 6933752 9431752 8837319 6197604 36080344 4679917 6933752 9431752 8837319 6197604 36080344 11861643 24218701 742307 509500 595059 767469 897383 3511718 1271 4709 5980 4747 44869 29649 79265 39677307 8059582 0.61040 0.60430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20292045 1836858 690229 1530407 21288725 18322751 3429940 -942415 518231 20292045 11752304 5346511 1580244 356308 18322751 8727750 2830234 517464 323144 11752304 8306855 30000 642505 251610 8727750 0.42540 0.57110 0.00350 1 0 8663020 5944265 2718755 740441 644006 96435 2815190 Beneficial Interest in Assets 8236958 F 8236958 9891542 804302 433692 1237994 8653548 0 8653548 8841094 295773 295773 8545321 0 8545321 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 XI, Line 2d - Other Adjustments: Special Event Expense 226,743. Change in Value of Beneficial Interest Held by Others 137,919. Rental Expenses 69,030. Part XII, Line 2d - Other Adjustments: Special Event Expense 226,743. Rental Expenses 69,030. Opera Ball 372314 171545 200769 69287 5000 48404 35876 51857 Opening Night Dinner 16606 8400 8206 10017 2170 3 21087 21087 1916 2216 410007 179945 230062 69287 5000 60337 35876 56243 226743 3319 X 1 1 X X X X 0 0 0 0 0 1 0 0 0 Patricia K Beggs General Director & CEO 207008 0 12500 0 0 0 6364 0 13512 0 239384 0 0 0 Christopher A Milligan Managing Director 111565 0 2260 0 40000 0 4764 0 12476 0 171065 0 0 0 Evans J Mirageas Artistic Director 153617 0 2942 0 0 0 4609 0 929 0 162097 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. Fort Washington Investments Board member of Opera is an officer of Ft. Washington Investments 1239089 Investments held at Ft. Washington Investments 0 X 16 1069711 FMV X Event Donations 150 105983 Cost 0 0 1 1 Part I, Line 32b: Investment managers sell stock contributions upon receipt. Form 990, Part VI, Section A, line 2 Edward Silberstein, M.D. and Eric Dauer have a family relationship. Cynthia Starr and Mario Zuccarello have a business relationship. Form 990, Part VI, Section B, line 11 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 137,919. 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 30 Garfield Place Cincinnati OH 45202 811539474 Ownership of Reinhold Drive Warehouse OH 72389 1718772