2015-01-14T08:39:54-06:00 2014-08-31 390974031 WEGNER CPAS LLP 2110 LUANN LN MADISON WI 537133074 990 2013-09-01 391789514 MADISON OPERA INC MADI 6082388085 335 W MIFFLIN ST MADISON WI 537032513 KATHRYN SMITH GENERAL DIRECTOR 6082388085 2015-01-12 1 SCOTT HAUMERSEN CPA P00084908 6082744020 2013 2016-02-25 16:41:14Z KATHRYN SMITH 335 W MIFFLIN ST MADISON WI 537032513 2056409 0 X WWW.MADISONOPERA.ORG X 1961 WI MADISON OPERA PRODUCED THREE MAINSTAGE OPERAS AT THE OVERTURE CENTER FOR THE ARTS AS WELL AS THE SUMMER CONCERT, OPERA IN THE PARK, DURING THE 2013-2014 SEASON. IN ADDITION, THE COMPANY OFFERED EXTENSIVE COMMUNITY OUTREACH AND YOUTH EDUCATION PROGRAMS TO THE GREATER MADISON AREA, PROVIDING INTRODUCTIONS AND ACCESSIBILITY TO THE OPERATIC ART FORM. 31 31 8 100 37261 18564 1838008 1255193 616025 555604 232 158 -37692 15085 2416573 1826040 0 0 0 0 397268 408953 0 0 257990 1460203 1572806 1857471 1981759 559102 -155719 2817596 2685503 1468455 1492081 1349141 1193422 THE MISSION OF MADISON OPERA IS TO PRODUCE OPERAS OF THE HIGHEST ARTISTIC STANDARDS. 0 0 1309461 516852 DURING THE 2013-2014 SEASON, MADISON OPERA PRODUCED TWO PERFORMANCES OF TOSCA THAT WERE ATTENDED BY APPROXIMENTLY 3,500 PEOPLE, TWO PERFORMANCES OF THE DAUGHTER OF THE REGIMENT THAT WERE ATTENDED BY 1,800 PEOPLE, AND TWO PERFORMANCES OF DEAD MAN WALKING THAT WERE ATTENDED BY OVER 3,400 PEOPLE. MADISON OPERA ALSO PRESENTED A STUDENT MATINEE PERFORMANCE OF TOSCA THAT WAS ATTENDED BY OVER 800 STUDENTS AND ANOTHER OF THE DAUGHTER OF THE REGIMENT THAT WAS ATTENDED BY APPROXIMENTLY 700 STUDENTS. THE SEASON ENDED WITH OPERA IN THE PARK, A FREE ANNUAL OUTDOOR CONCERT ATTENDED BY AN ESTIMATED CROWD OF OVER 15,000. 50491 38752 MADISON OPERA HELD VARIOUS EDUCATIONAL PROGRAMS DURING THE YEAR INCLUDING THREE OPERA UP CLOSE PRESENTATIONS, THREE OPERA NOVICE PRESENTATIONS, A HIGH SCHOOL APPRENTICE PROGRAM, AS WELL AS 25 EXTEND THE STAGE EVENTS FOR DEAD MAN WALKING ATTENDED BY OVER 1,500 PEOPLE. THE COMPANY ALSO HAD OPERA TRIPS TO LYRIC OPERA IN CHICAGO WITH AN AVERAGE OF 30 INDIVIDUALS PER TRIP. 1359952 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 84 2 1 8 1 1 1 0 0 0 0 1 1 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X JENNIFER FENSTER 6082388085 335 W MIFFLIN ST MADISON WI 537032513 SALLY MILEY PRESIDENT 1.00 1.00 X X 0 0 0 TOM TERRY CHAIRMAN 1.00 1.00 X X 0 0 0 PHIL CERTAIN VICE PRESIDENT 1.00 X X 0 0 0 JIM RUHLY VICE PRESIDENT 1.00 X X 0 0 0 JOYCE HIRSCH TREASURER 1.00 1.00 X X 0 0 0 GINA GIALAMAS SECRETARY 1.00 X X 0 0 0 ELLIOTT ABRAMSON TRUSTEE 1.00 X 0 0 0 CARLA J ALVARADO TRUSTEE 1.00 X 0 0 0 CRAIG ARGALL TRUSTEE 1.00 X 0 0 0 MARTIN BARRETT TRUSTEE 1.00 1.00 X 0 0 0 GARY BENNETT TRUSTEE 1.00 X 0 0 0 GEORGE CROAL TRUSTEE 1.00 X 0 0 0 ROBERT DINNDORF TRUSTEE 1.00 X 0 0 0 JAMES EBBEN TRUSTEE 1.00 X 0 0 0 CHARLES FORD TRUSTEE 1.00 X 0 0 0 STEPHEN HURLEY TRUSTEE 1.00 X 0 0 0 R ROTH JUDD TRUSTEE 1.00 X 0 0 0 PATTI LUCAS TRUSTEE 1.00 X 0 0 0 PETER LUNDBERG TRUSTEE 1.00 X 0 0 0 SONJA MICKSCH TRUSTEE 1.00 X 0 0 0 J MARSHALL OSBORN TRUSTEE 1.00 X 0 0 0 JOHN RONZIA TRUSTEE 1.00 X 0 0 0 CHARLES SNOWDON TRUSTEE 1.00 X 0 0 0 SHARYN STUMPF TRUSTEE 1.00 X 0 0 0 J ASHLEY TAYLOR TRUSTEE 1.00 X 0 0 0 JAN VON HADEN TRUSTEE 1.00 X 0 0 0 TOM WILKINSON TRUSTEE 1.00 X 0 0 0 AILEEN JENSEN TRUSTEE 1.00 X 0 0 0 JOANNA OVERN TRUSTEE 1.00 X 0 0 0 MARGARET WINSTON TRUSTEE 1.00 X 0 0 0 LOIS DICK TUSTEE 1.00 X 0 0 0 KATHRYN SMITH GENERAL DIRECTOR 60.00 X 103333 0 3648 103333 0 3648 1 0 0 0 MADISON SYMPHONY ORCHESTRA INC 222 W WASHINGTON AVE MADISON WI 537032719 MUSICIANS FOR OPERA PERFORMANCES 243204 1 84416 42278 36385 1092114 105999 1255193 TICKET SALES 711110 516852 516852 PROGRAM EVENTS 711110 23435 23435 OTHER PROGRAM SERVICES 711110 15317 15317 555604 158 158 16265 206364 15579 171356 686 35008 35694 35694 9163 84416 38663 -29500 -29500 12095 4771 7324 7324 ADVERTISING REVENUE 541800 1567 1567 1567 1826040 555604 37261 -22018 X 112317 44927 33695 33695 257163 88341 136754 32068 7771 2803 3585 1383 5575 2011 2572 992 26127 9424 12053 4650 9966 9966 813532 804007 9525 106922 106922 355114 239499 49787 65828 7258 4331 2927 21800 21800 73141 55555 17586 62874 62874 3446 3446 8880 8880 63606 63606 21002 21002 SALES TAXES 25265 25265 1981759 1359952 363817 257990 45428 97815 138501 57970 374998 234715 12088 17841 77092 49426 2398931 171195 2169489 2227736 2817596 2685503 82136 65700 249150 269335 1137169 1157046 1468455 1492081 X -247753 -247146 1596894 1440568 1349141 1193422 2817596 2685503 -155719 0 X 0 1 X 1 0 X 2008293 886062 918207 1838008 1255193 6905763 2008293 886062 918207 1838008 1255193 6905763 724454 6181309 59 475 366 232 158 1290 35694 35694 6942747 3297462 0.89030 0.93180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 92500 92500 2218164 153357 2064807 88267 17838 70429 2227736 2078844 22435 22435 2056409 -230369 -230369 1826040 2234563 22435 230369 252804 1981759 0 1981759 PART III, LINE 1A: COLLECTION ITEMS CONSIST OF ART WORK THAT IS HELD FOR DISPLAY AND DECRETORY PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE CONSOLIDATED STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. COLLECTION ITEMS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -186,935. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -38,663. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 9B -4,771. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 186,935. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 38,663. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 9B 4,771. MARDI GRAS SPRING EVENT 68454 60864 7590 9738 14200 OPERA IN THE PARK 25125 23552 1573 8984 5741 93579 84416 9163 18722 19941 38663 -29500 X 4 85495 QUOTED MARKET PRICES X SUPPLIES 2 20504 COST/SELLING PRICE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). PART I, LINE 33: AS PERMITTED UNDER SFAS 116 (ASC 958), THE ORGANIZATION ELECTED NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET CONTRIBUTED WORKS OF ART. COLLECTION ITEMS CONSIST OF ART WORK THAT IS HELD FOR DISPLAY AND DECRETORY PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE CONSOLIDATED STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. COLLECTION ITEMS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S GENERAL DIRECTOR AND DIRECTOR OF FINANCE BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OF ITS TRUSTEES AND OFFICERS, WHO ARE CONSIDERED INTERESTED PERSONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON MUST LEAVE THE MEETING OF THE GOVERNING BODY WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE GOVERNING BODY WILL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. ALL TRUSTEES AND OFFICERS MUST ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S GOVERNING BODY ANNUALLY CONDUCTS A PERFORMANCE REVIEW OF THE ORGANIZATION'S GENERAL DIRECTOR. THE GOVERNING BODY REVIEWS COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS IN DETERMINING THE GENERAL DIRECTOR'S COMPENSATION. THE GENERAL DIRECTOR'S COMPENSATION IS APPROVED BY THE MEMBERS OF THE GOVERNING BODY WITH AN OFFICIAL VOTE THAT IS DOCUMENTED IN THE MINUTES OF THE MEETINGS OF THE GOVERNING BODY. THIS PROCESS WAS LAST UNDERTAKEN IN 2014. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OPERA PRODUCTION FEES: PROGRAM SERVICE EXPENSES 804,007. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 9,525. TOTAL EXPENSES 813,532. MADISON OPERA FOUNDATION INC 335 W MIFFLIN ST MADISON WI 537032513 392021767 SUPPORTING ORGANIZATION OF MADISON OPERA INC. WI 501(C)(3) LINE 11A, I MADISON OPERA INC 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0