2015-05-12T16:49:29-05:00 2014-06-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2013-07-01 132974347 NEW YORK CITY OPERA INC NEWY 6467589440 PO BOX 546 ROCKVILLE CENTRE NY 115710546 ANDREA SCALA NELLIS MANAGING DIRECTOR 6467589440 2015-05-11 1 FREDERICK MARTENS P00298107 2126972299 2013 2016-04-25 22:37:26Z X ANDREA SCALA NELLIS PO BOX 546 ROCKVILLE CENTRE NY 115710546 4928626 0 X WWW.NYCOPERA.COM X 1978 NY TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA. 18 18 477 0 0 0 9565319 2735167 2177854 134343 162249 -171231 1407454 121019 13312876 2819298 0 0 0 0 7317727 2597059 0 0 314558 7075231 1601216 14392958 4198275 -1080082 -1378977 7572241 5911118 5599728 5825085 1972513 86033 X CITY OPERA'S MISSION IS TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA, TO NURTURE THE WORK OF PROMISING AMERICAN ARTISTS, AND TO BUILD NEW AUDIENCES THROUGH AFFORDABLE TICKET PRICES AND EXTENSIVE OUTREACH AND EDUCATION PROGRAMS. 0 1 2064275 134343 MAINSTAGE PRODUCTIONSNYC OPERA PRESENTED THE AMERICAN PREMIERE OF MARK-ANTHONY TURNAGE'S ANNA NICOLE, IN A NEW CO-PRODUCTION WITH BAM THAT RECREATED THE ROYAL OPERA HOUSE'S 2011 WORLD PREMIERE PRODUCTION. THE OPERA HEADLINED THE 2013 NEXT WAVE FESTIVAL, WITH SEVEN PERFORMANCES AT THE HOWARD GILMAN OPERA HOUSE ON SEPTEMBER 17, 19, 21, 24, 26, 27, 28, 2013. THE JOURNEY TRACED BY TURNAGE'S TITULAR CHARACTER QUALIFIES HER FOR THE PANTHEON OF OPERA'S GREAT FALLEN WOMEN: CARMEN, VIOLETTA, MANON, AND LULU. THE TWO-ACT TRAGICOMEDY TRACES THE CAUTIONARY TALE OF AMERICAN MODEL, ACTRESS, AND TABLOID SENSATION ANNA NICOLE SMITH (1967-2007) IN 16 SCENES, FROM HER HUMBLE BEGINNINGS IN EAST TEXAS, TO HER LAPDANCING DAYS AT A HOUSTON STRIP CLUB, WHERE SHE UNDERWENT BREAST AUGMENTATION AND MET HER SECOND HUSBAND (AN OIL TYCOON MORE THAN 60YEARS HER SENIOR), THROUGH HER STATUS AS A 1990'S TABLOID ICON, TO HERUNTIMELY AND TRAGIC DEATH AT THE AGE OF 39 FROM AN APPARENT DRUG OVERDOSE. THROUGHOUT, A LARGE BRECHTIAN CHORUS OF PRESS, PAPARAZZI, AND VOYEURS DRIVES THE ACTION FORWARD WHILE PROVIDING MORAL COMMENTARY ON THE IDIOCIES OF TODAY'S TABLOID-OBSESSED CULTURE. 55806 EDUCATION PROGRAMSNYC OPERA SERVED STUDENTS THROUGH ITS EDUCATION PROGRAMS THAT INCLUDED IN-SCHOOL WORKSHOPS AT THE ELEMENTARY, MIDDLE & HIGH SCHOOL LEVELS AS WELL AS PRE-PROFESSIONAL TRAINING FOR HIGH SCHOOL VOCAL STUDENTS. 2120081 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 84 0 477 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY NJ CT X X ANDREA SCALA NELLIS 6467589440 PO BOX 546 ROCKVILLE CENTRE NY 115710546 GEORGE STEEL GENERAL MANAGER & ARTISTIC DIRECTOR 40.00 X X 253469 0 24730 CHARLES R WALL CHAIRMAN 10.00 X X 0 0 0 SUSAN L BAKER DIRECTOR 2.00 X 0 0 0 JOHN H BIGGS DIRECTOR 2.00 X 0 0 0 AMES BROWN DIRECTOR 2.00 X 0 0 0 EMILY ROY COREY DIRECTOR 2.00 X 0 0 0 CAROLINE CRONSON DIRECTOR 2.00 X 0 0 0 MARY SHARP CRONSON DIRECTOR 2.00 X 0 0 0 EDMEE DE M FIRTH DIRECTOR 2.00 X 0 0 0 MICHAEL E GELLERT DIRECTOR 2.00 X 0 0 0 JOAN GRANLUND DIRECTOR 2.00 X 0 0 0 SUSAN ZISES GREEN DIRECTOR 2.00 X 0 0 0 SHARON HITE DIRECTOR 2.00 X 0 0 0 HELEN LITTLE DIRECTOR 2.00 X 0 0 0 MARK W NEWHOUSE DIRECTOR 2.00 X 0 0 0 ROY G NIEDERHOFFER DIRECTOR 2.00 X 0 0 0 MARTIN J OPPENHEIMER DIRECTOR 2.00 X 0 0 0 MARC POWELL DIRECTOR 2.00 X 0 0 0 MATTHEW L RINGEL DIRECTOR 2.00 X 0 0 0 ELLIOTT K SLADE III DIRECTOR 2.00 X 0 0 0 MRS JAMES C SLAUGHTER DIRECTOR 2.00 X 0 0 0 ANDREA NELLIS MANAGING DIRECTOR 40.00 X 200113 0 36521 MARK ROPER SECRETARY/MANAGER BOARD RELATIONS 40.00 X 30769 0 5541 STEPHANIE JERNSTROM DIRECTOR OF FINANCE 40.00 X 69217 0 15387 553568 0 82179 2 0 1 0 75 BROAD LLC 67 BROAD STREET NEW YORK NY 10004 RENT 392594 2220 91ST STREET LLC 400 PLAZA DRIVE PO BOX 1515 SECAUCUS NY 07096 WAREHOUSE LEASE 279115 SPOTCO 512 7TH AVENUE 2 FL NEW YORK NY 10018 ADVERTISING/ MARKETING 271249 ELK 220 EAST 23RD LLC 489 5TH AVE 7TH FL NEW YORK NY 10017 RENT 243150 SFDS LLC 239 JAVA ST BROOKLYN NY 11222 DESIGN SHOP 107725 5 8834 98000 2628333 109015 2735167 PROGRAM TICKET SALES 711130 120312 120312 SET AND PROP FEES 711130 14031 14031 134343 133814 133814 30763 64106 30331 369583 432 -305477 -305045 -305045 5540 8834 5540 0 1793864 1703874 89990 89990 OTHER REVENUE 900099 31029 31029 31029 2819298 134343 0 -50212 389489 142205 163685 83599 1668001 1119515 437763 110723 218577 135447 63010 20120 193193 132980 47362 12851 127799 79194 36841 11764 95037 95037 36275 36275 312348 149605 158147 4596 111683 111683 39419 10520 11811 17088 39976 19302 17488 3186 550720 206708 327353 16659 35564 6643 11643 17278 5698 5698 98011 98011 108390 52377 47457 8556 MISCELLANEOUS 96225 94372 1853 PRODUCTION MATERIALS 65585 65585 SPECIAL SERIES & EVENTS 6285 6285 4198275 2120081 1763636 314558 513764 672687 123983 57036 1400069 19600 43787 2691 260669 149500 282200 123031 490978 490978 378448 0 4490992 4778546 78329 108027 7572241 5911118 658833 816353 310867 263795 150000 150000 4480028 4594937 5599728 5825085 X -44055498 -45109478 1012696 180196 45015315 45015315 1972513 86033 7572241 5911118 X -1378977 222192 -729695 X 0 1 X 1 0 X 13928740 17039960 10795484 9565319 2735167 54064670 8514077 7518950 2964601 2389777 1928207 23315612 22442817 24558910 13760085 11955096 4663374 77380282 3427522 8635372 5821611 3345860 530788 21761153 0 3427522 8635372 5821611 3345860 530788 21761153 55619129 276275 168281 377601 170044 133814 1126015 276275 168281 377601 170044 133814 1126015 54076 1189221 31029 1274326 22719092 24727191 14191762 13314361 4828217 79780623 0.69720 0.67940 0.01410 0.01310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4230215 355913 30763 4555365 5029082 -984770 318966 133063 4230215 5068071 100608 139597 5029082 5783045 246336 961310 5068071 5414608 655909 287472 5783045 0.00000 1.00000 0.00000 0 0 490978 490978 0 0 CAPITAL LEASE OBLIGATION 51531 OPERATING LEASE LIABILITY 607937 PAYROLL RELATED LIABILITIES 3865590 OTHER LIABILITIES 69879 4594937 X 4112694 222192 602473 99148 923813 3188881 -369583 -369583 2819298 5999174 602473 602473 5396701 -1198426 -1198426 4198275 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE A SUSTAINED AND RELIABLE LEVEL OF REVENUE TO SUPPORT THE NEW YORK CITY OPERA'S MISSION. EARNINGS GENERATED BY THE GENERAL ENDOWMENT FUNDS ARE INTENDED TO HELP OFFSET BASIC ARTISTIC AND PRODUCTION COSTS ASSOCIATED WITH PRODUCING OPERA. DESIGNATED OR RESTRICTED ENDOWMENT FUNDS ARE INTENDED TO HELP FUND SPECIFIC PROGRAMS, SUCH AS VOX AND CITY OPERA EDUCATION, OR TO SUPPORT SPECIFIC ARTISTIC INITIATIVES, SUCH AS SPECIAL FUNDS FOR VISITING ARTISTS OR THE CREATION OF ARTIST AWARDS. PART X, LINE 2: MANAGEMENT HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS ARE REQUIRED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION AND POST EMPLOYMENT RELATED CHANGES OTHER THAN PERIODIC PENSION COST 99,148. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF INVENTORY -89,146. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -280,437. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF INVENTORY -89,146. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -280,437. LOSSES ON UNCOLLECTIBLE PLEDGES RECEIVABLE -828,843. X X X X 0 0 0 0 0 0 0 0 0 GEORGE STEEL GENERAL MANAGER & ARTISTIC DIRECTOR 252850 0 0 0 619 0 0 0 24730 0 278199 0 0 0 ANDREA NELLIS MANAGING DIRECTOR 199494 0 0 0 619 0 0 0 36521 0 236634 0 0 0 X 3 109015 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART III, LINE 3 NEW YORK CITY OPERA, INC. FILED FOR BANKRUPTCY ON OCTOBER 3, 2013, CEASED ITS PROGRAM ACTIVITIES AS OF THAT DATE, AND IS IN THE PROCESS OF DETERMINING THE BEST PLAN FOR CONTINUING ITS MISSION AND ADMINISTRATING ITS ASSETS. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR MARY SHARP CRONSON AND DIRECTOR CAROLINE CRONSON - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY MANAGEMENT BEFORE DISTRIBUTION TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. UPON APPROVAL BY THE AUDIT COMMITTEE, A PUBLIC INSPECTION VERSION OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE BOARD OF DIRECTORS AT WHICH TIME EACH MEMBER IS REQUIRED TO REVIEW THE PROCEDURE AND SIGN THE ATTACHED CONFLICT OF INTEREST STATEMENT IN WHICH THEY MUST ACKNOWLEDGE AND SET FORTH ANY EXCEPTIONS TO THE POLICY. THE POLICY AND ACKNOWLEDGED CONFLICTS ARE REGULARLY AND CONSISTENTLY MONITORED BY THE AUDIT COMMITTEE. THE COMMITTEE WILL BRING TO THE BOARD FOR DISCUSSION ANY MATTERS THAT ARISE FROM THESE ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE GENERAL MANAGER AND ARTISTIC DIRECTOR IS DETERMINED, REVIEWED AND APPROVED BY A BOARD-DESIGNATED COMMITTEE COMPRISED OF VOTING BOARD MEMBERS WHO DO NOT POSSESS A CONFLICT OF INTEREST WITH RESPECT TO THE EMPLOYMENT ARRANGEMENT. COMPENSATION IS DETERMINED BASED ON CONSIDERATION OF COMPARATIVE DATA FROM SIMILARLY STRUCTURED ORGANIZATIONS AND BUDGETARY ANALYSIS. THE COMMITTEE PROVIDES A RECOMMENDATION TO THE BOARD FOR APPROVAL. COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE GENERAL MANAGER AND ARTISTIC DIRECTOR. COMPENSATION IS DETERMINED BASED ON CONSIDERATION OF COMPARATIVE DATA FROM SIMILARLY STRUCTURED ORGANIZATIONS AND BUDGETARY ANALYSIS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, FORM 990 AND FORM 1023 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION & POST-EMPLOYMENT-RELATED CHANGES OTHER THAN PERIODIC BENEFIT COST 99,148. LOSSES ON UNCOLLECTIBLE PLEDGES RECEIVABLE -828,843.