2025-02-18T15:12:02-06:00 2024-06-30 236410283 ISDANER & COMPANY LLC ONE BALA PLAZA SUITE 502 BALA CYNWYD PA 19004 990 2023-07-01 616013111 KENTUCKY OPERA ASSOCIATION INC KENT 5025844500 708 MAGAZINE STREET LOUISVILLE KY 40203 BARBARA LYNNE JAMISON GENERAL DIRECTOR AND CEO 5025844500 2025-02-15 1 0 EDWARD W DORAN CPA P00841330 6106684200 2025-02-15 2023 2025-03-06 01:10:19Z KENTUCKY OPERA BARBARA LYNNE JAMISON 708 MAGAZINE STREET LOUISVILLE KY 40203 2099694 0 X WWW.KYOPERA.ORG X 1952 KY KENTUCKY OPERA SPARKS DISCOVERY, JOY, AND CONNECTION AMONG COMMUNITIES THROUGHOUT THE COMMONWEALTH WITH THE SHARED EXPERIENCE OF OPERA. 18 18 59 50 0 0 2581350 962345 300236 315908 75040 426793 -21434 -606 2935192 1704440 0 0 0 0 870627 980479 0 0 226139 1741222 1641979 2611849 2622458 323343 -918018 6048772 5629355 1209535 1633745 4839237 3995610 KENTUCKY OPERA SPARKS DISCOVERY, JOY, AND CONNECTION AMONG COMMUNITIES THROUGHOUT THE COMMONWEALTH WITH THE SHARED EXPERIENCE OF OPERA. 0 0 1096950 315908 KENTUCKY OPERA PRODUCED ITS SECOND FULL SEASON SINCE THE PANDEMIC SHUTDOWN. AS WITH ALL SHOWS, EACH PRODUCTION WAS SUPPORTED BY PROGRAMMING & COMMUNITY PARTNERSHIPS TO LINK DEEPER SOCIETAL THEMES WITH EACH WORK. HANSEL AND GRETEL, ALL IS CALM, PIRATES OF PENZANCE, HOBBIT, AND AS ONE WERE OUR MAINSTAGE PRODUCTIONS THIS SEASON. 89599 AMPLIFY YOUR VOICE SERIES CELEBRATES THE VOICES OF HISTORICALLY MARGINALIZED COMMUNITIES. KENTUCKY OPERA COMMISSIONED A CYCLE OF 5 CIVIL RIGHTS SONGS. THESE SONGS, WERE PREMIERED TO A SOLD-OUT (FREE) CROWD, WERE PAIRED WITH HISTORICAL CIVIL RIGHTS SONGS SUNG BY PROFESSIONAL SINGERS AND THE VOLUNTEER "JUNETEENTH JUBILEE CHOIR" AS THE KICK OFF EVENT FOR A CITY WIDE, WEEK-LONG JUNETEENTH JUBILEE FESTIVAL.OUR YOUTH OPERA PROJECT RESUMED POST-PANDEMIC TO SERVE YOUTH AGES 8-18 WITH WEEKLY MEETINGS, APPEARANCES THROUGH THE COMMUNITY, AND PERFORMANCES OF HOBBIT. 439647 KENTUCKY OPERA OPENED A NEW CIVIC HOME, THE OPERA CENTER FOR CULTURAL HEALTH, TO THE COMMUNITY IN DECEMBER 2022. THIS BUILDING, SET AT THE EDGE OF LOUISVILLE'S HISTORIC REDLINED NEIGHBORHOODS, IS ACCESSIBLE TO MAJOR BUS LINES AND HIGHWAYS AND SUPPORTS THE LAUNCH OF ROBUST PARTNERSHIPS, PERFORMANCES, AND NEW AND EXPANDED PROGRAMS THAT CONTRIBUTE TO BUILDING A COMPASSIONATE, OPEN-MINDED, AND VIBRANT COMMUNITY. IN ADDITION TO BEING A RESOURCE FOR COMMUNTIY PROGRAMS AND SECOND STAGE FOR ADDITIONAL PERFORMANCES, THIS BUILDING IS ALSO A SHARED RESOURCE FOR OTHER LOCAL NONPROFITS' USE. 1626196 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 81 0 1 59 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X BARBARA LYNNE JAMISON 5025844500 708 MAGAZINE STREET LOUISVILLE KY 40203 MATTHEW E HAMEL CHAIR 4.00 X X 0 0 0 THOMAS P O'BRIEN III SENIOR VICE CHAIR 3.00 X X 0 0 0 ANITA M STREETER IMMEDIATE PAST CHAIR 3.00 X X 0 0 0 MATTHEW WILLIAMS SECRETARY 2.00 X X 0 0 0 ERIC D SCOTT TREASURER 2.00 X X 0 0 0 ANNE-MARIE BLANCQUAERT DVM TRUSTEE 1.00 X 0 0 0 ROLANDAS T BYRD TRUSTEE 1.00 X 0 0 0 CHARLES CASH TRUSTEE 1.00 X 0 0 0 JOHN J DAVIS III TRUSTEE 1.00 X 0 0 0 TRACY E DAVIS TRUSTEE 1.00 X 0 0 0 BENJAMIN J EVANS TRUSTEE 1.00 X 0 0 0 J TODD FLOWERS TRUSTEE 1.00 X 0 0 0 SPENCER E HARPER III TRUSTEE 1.00 X 0 0 0 THOMAS JAMES III MD TRUSTEE 1.00 X 0 0 0 DANAIL KELISAKIEV TRUSTEE 1.00 X 0 0 0 HENRY KUEHN TRUSTEE 1.00 X 0 0 0 VON PURDY TRUSTEE 1.00 X 0 0 0 ERNEST W WILLIAMS TRUSTEE 1.00 X 0 0 0 BARBARA LYNNE JAMISON GENERAL DIRECTOR/CEO 40.00 X 133649 0 19707 133649 0 19707 1 0 1 0 KENTUCKY PERFORMING ARTS 501 WEST MAIN LOUISVILLE KY 40202 VENUE USAGE 236716 708 W MAGAZINE STREET LLC 10444 BLUEGRASS PARKWAY LOUISVILLE KY 40299 RENT 141038 LOUISVILLE ORCHESTRA 624 W MAIN STREET SUITE 400 LOUISVILLE KY 40202 ORCHESTRA 135358 RADAR NONPROFIT SOLUTIONS 2810 N CHURCH ST PMB 19231 WILMINGTON DE 19802 ACCOUNTING 119582 4 87653 35726 838966 4375 962345 TICKET SALES 711110 276322 276322 TICKET HANDLING FEES 711110 20428 20428 EVENT FEES 711110 19158 19158 315908 74513 74513 9366 0 9366 9366 9366 703788 351508 352280 352280 352280 3980 87653 42875 -38895 -38895 1433 871 562 562 MISCELLANEOUS INCOME 900099 28361 28361 28361 1704440 354197 0 387898 181959 90979 45490 45490 688118 355196 260238 72684 7835 4387 2061 1387 40931 22827 10747 7357 61636 31467 22061 8108 34360 34360 6486 6486 143736 123111 20625 49615 2025 47590 161051 139246 20948 857 33396 7402 13137 12857 10078 10078 401419 348293 38502 14624 78497 64587 9435 4475 3726 227 1724 1775 25618 25618 68453 42787 25666 27375 508 26867 PRODUCTIONS 507204 479210 25589 2405 MISCELLANEOUS 48374 10642 36780 952 PRINTING AND PUBLICATIO 42591 16335 19379 6877 2622458 1626196 770123 226139 157220 11586 137684 70389 1766 1877 68503 50932 509168 156934 406477 352234 4372745 4351007 904377 791330 6048772 5629355 42126 63798 252326 112408 647285 915083 810254 1209535 1633745 X 314457 101547 4524780 3894063 4839237 3995610 6048772 5629355 X -918018 271629 -197238 X X 0 1 X 1 0 X 1517575 1626319 1453048 2581350 962345 8140637 1517575 1626319 1453048 2581350 962345 8140637 1861161 6279476 20492 39515 91157 60666 83879 295709 6066 6586 22400 28361 63413 8499759 1194976 0.73880 0.74440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4375483 690574 1112506 3953551 3918917 646975 190409 4375483 4532579 -431141 182521 3918917 3626584 1052194 146199 4532579 3153411 349119 238832 114778 3626584 0.42390 0.57610 0 0 509168 156934 352234 352234 RIGHT OF USE ASSET, OPERATING LEASE 791330 791330 OPERATING LEASE LIABILITY 810254 810254 X 1969584 271629 271629 1697955 6485 6485 1704440 2615973 0 2615973 6485 6485 2622458 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT IS TO FUND KENTUCKY OPERA'S STRATEGIC ARTISTIC INITIATIVES AND OPERATIONS. PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ASC TOPIC 740 ADDRESSES THE ACCOUNTING FOR THE UNCERTAINTY IN INCOME TAXES AND ESTABLISHES FOR ALL ENTITIES, INCLUDING NOT-FOR-PROFIT ENTITIES SUCH AS THE COMPANY, A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN FILING TAX RETURNS (INCLUDING WHETHER AN ENTITY IS TAXABLE IN A PARTICULAR JURISDICTION). THE COMPANY RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING THE COMPANY'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS RECORDED AS OF JUNE 30, 2024 OR 2023. LOST IN THE WOODS 31203 29773 1430 15687 PARTY WITH THE PIRATES 56930 54380 2550 27188 3500 3500 91633 87653 3980 42875 42875 -38895 X X X 0 0 0 0 0 0 0 0 0 BARBARA LYNNE JAMISON GENERAL DIRECTOR/CEO 133649 0 0 0 0 0 2802 0 16905 0 153356 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER, GENERAL DIRECTOR AND FINANCE COMMITTEE REVIEW FORM 990 AND A FINAL VERSION IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, IS CONSIDERED AN INTERESTED PERSON. HE/SHE SHALL SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE BOARD AND COMMITTEES REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH THE POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO THE BOARD PRESIDENT OR HIS/HER DESIGNEE, WHO SHALL DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY. THE BOARD PRESIDENT WILL MAKE THE DECISION AS TO WHAT COURSE OF ACTION THE ORGANIZATION AND/OR INDIVIDUALS SHOULD TAKE SO THAT THE BEST INTERESTS OF KENTUCKY OPERA ARE NOT COMPROMISED BY THE PERSONAL INTERESTS OF STAKEHOLDERS IN THE NONPROFIT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS COMPENSATION FOR THE GENERAL DIRECTOR BASED ON COMPARABLE SALARY DATA AND PERFORMS EXTERNAL EVALUATION OF ALL EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PPP LOAN AND ERC ADJUSTMENT -197,238. FORM 990 PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR