2014-01-14T17:12:58-06:00 2013-08-31 390974031 WEGNER CPAS LLP 2110 LUANN LN MADISON WI 537133074 990 2012-09-01 391789514 MADISON OPERA INC MADI 6082388085 335 W MIFFLIN ST MADISON WI 537032513 KATHRYN SMITH 6082388085 2014-01-13 1 BRUCE MAYER CPA CFP P00187180 6082744020 2012 2015-11-30 17:44:51Z X KATHRYN SMITH 335 W MIFFLIN ST MADISON WI 537032513 2559519 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 2012-2013 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. 29 29 11 100 -56479 -2534 918207 1838008 530824 616025 446 232 20167 -37692 1469644 2416573 0 0 0 0 358795 397268 0 0 222437 1344281 1460203 1703076 1857471 -233432 559102 1737190 2817596 947151 1468455 790039 1349141 THE MISSION OF MADISON OPERA IS TO PRODUCE OPERAS OF THE HIGHEST ARTISTIC STANDARDS. 0 0 1164188 498895 DURING THE 2012-2013 SEASON, MADISON OPERA PRODUCED TWO PERFORMANCES OF A MASKED BALL THAT WERE ATTENDED BY APPROXIMENTLY 3,000 PEOPLE, FOUR PERFORMANCES OF ACIS AND GALATEA THAT WERE ATTENDED BY 1,300 PEOPLE,AND TWO PERFORMANCES OF DON GIOVANNI THAT WERE ATTENDED BY OVER 3,800 PEOPLE. MADISON OPERA ALSO PRESENTED A STUDENT MATINEE PERFORMANCE OF A MASKED BALL THAT WAS ATTENDED BY OVER 600 STUDENTS. THE SEASON ENDED WITH OPERA IN THE PARK, A FREE ANNUAL OUTDOOR CONCERT ATTENDED BY AN ESTIMATED CROWD OF OVER 14,000. 109209 117130 MADISON OPERA HELD VARIOUS EDUCATIONAL PROGRAMS DURING THE YEAR INCLUDING THREE OPERA UP CLOSE PRESENTATIONS, A HIGH SCHOOL APPRENTICE PROGRAM, OUT AT THE OPERA ATTENDED BY 40 PEOPLE, FOUR "MEET THE ARTISTS" RECEPTIONS ATTENDED BY OVER 500 PEOPLE, AND OPERA TRIPS TO LYRIC OPERA IN CHICAGO, RAVINIA PARK IN HIGHLAND PARK, ILLINOIS, AND SANTA FE OPERA IN SANTA FE, NEW MEXICO, WITH AN AVERAGE OF 30 INDIVIDUALS PER TRIP. 1273397 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 1 0 0 0 1 1 1 0 0 1 94 2 11 1 1 1 0 0 0 0 0 0 0 0 0 X 29 29 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 STEPHEN HURLEY 1.00 1.00 X X 0 0 0 TOM TERRY 1.00 1.00 X X 0 0 0 PHILIP CERTAIN 1.00 X X 0 0 0 CHARLES FORD 1.00 X X 0 0 0 JOYCE HIRSCH 1.00 1.00 X X 0 0 0 SALLY MILEY 1.00 X X 0 0 0 ELLIOTT ABRAMSON 1.00 X 0 0 0 CARLA ALVARADO 1.00 X 0 0 0 MARTIN BARRETT 1.00 1.00 X 0 0 0 GEORGE CROAL 1.00 X 0 0 0 ROBERT DINNDORF 1.00 X 0 0 0 JAMES EBBEN 1.00 X 0 0 0 GINA GIALAMAS 1.00 X 0 0 0 JIM GREER 1.00 X 0 0 0 DAVID HART 1.00 X 0 0 0 FRAN KLOS 1.00 X 0 0 0 SUSAN LIPP 1.00 X 0 0 0 PATTI LUCAS 1.00 X 0 0 0 PETER LUNDBERG 1.00 X 0 0 0 MICHAEL MCARDLE 1.00 X 0 0 0 CONNIE MAXWELL 1.00 1.00 X 0 0 0 SONJA MICKSCH 1.00 X 0 0 0 CHARLES MUELLER 1.00 X 0 0 0 JOHN RONZIA 1.00 X 0 0 0 JIM RUHLY 1.00 X 0 0 0 SEAN SENNOTT 1.00 X 0 0 0 SHARYN STUMPF 1.00 X 0 0 0 JAN VON HADEN 1.00 X 0 0 0 TOM WILKINSON 1.00 X 0 0 0 KATHRYN SMITH 60.00 X 91333 0 2313 91333 0 2313 0 0 0 0 MADISON SYMPHONY ORCHESTRA INC 222 W WASHINGTON AVE MADISON WI 537032719 MUSICIANS FOR OPERA PERFORMANCES 187683 1 66873 55410 37550 1678175 49056 1838008 TICKET SALES 711110 498895 498895 PROGRAM EVENTS 711110 101017 101017 OTHER PROGRAM SERVICES 711110 16113 16113 616025 232 232 17958 26761 19805 84878 -1847 -58117 -59964 -59964 44925 66873 33425 11500 11500 12125 4838 7287 7287 ADVERTISING REVENUE 541800 3485 3485 3485 2416573 616025 -56479 19019 X 112600 45040 33780 33780 257851 91634 132946 33271 2910 1530 690 690 6737 2181 3821 735 17170 5608 9079 2483 9529 9529 703916 697376 6540 93297 93297 373074 282016 42971 48087 7193 4405 2788 8644 8644 134633 55641 78992 56253 56253 3766 3000 766 8409 8409 21559 21559 15456 15456 SALES TAXES 24474 24474 1857471 1273397 361637 222437 45733 45428 96846 138501 431126 374998 5591 12088 60939 77092 2277077 107588 1096955 2169489 1737190 2817596 51661 82136 292799 249150 594691 1137169 8000 0 947151 1468455 X -169336 -247753 959375 1596894 790039 1349141 1737190 2817596 559102 0 X 0 1 X 1 0 X 1127535 2008293 886062 918207 1838008 6778105 1127535 2008293 886062 918207 1838008 6778105 460997 6317108 228 59 475 366 232 1360 6779465 3412082 0.93180 0.91570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 92500 92500 2122861 99914 2022947 61716 7674 54042 2169489 2590419 30900 30900 2559519 -142946 -142946 2416573 2031317 30900 142946 173846 1857471 0 1857471 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 -104,683. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -33,425. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 9B -4,838. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 104,683. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 33,425. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 9B 4,838. MARDI GRAS SPRING EVENT 87048 66873 20175 10986 8481 OPERA IN THE PARK 24750 24750 8091 5867 111798 66873 44925 19077 14348 33425 11500 X 1 0 X 4 29056 QUOTED MARKET PRICES X SUPPLIES 1 20000 COST/SELLING PRICE 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). NON REPORTING OF REVENUE: 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 2013. 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. OTHER FEES FORM 990, PART IX, LINE 11G OPERA PRODUCTION FEES: PROGRAM SERVICE EXPENSES 697,376. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,540. TOTAL EXPENSES 703,916. 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 MADISON OPERA FOUNDATION INC C 55410 FACE AMOUNT