2014-07-03T11:23:19-07:00 2013-08-31 990 2012-09-01 510145980 UTAH SYMPHONY & OPERA UTAH 8015335626 123 WEST SOUTH TEMPLE SALT LAKE CITY UT 84101 Steve Hogan 8018699057 2014-05-09 2012 2015-11-30 17:44:51Z UTAH SYMPHONY l UTAH OPERA Melia Tourangeau 123 West South Temple Salt Lake City UT 84101 19954854 0 X WWW.USUO.ORG X 1975 UT Mission - Utah Symphony | Utah Opera serves the people of our State and beyond as the premier provider of the orchestral and operatic art forms. Our vision is to connect the community through great live music - perform, engage, inspire. 44 40 473 522 0 0 11290027 12748975 4759876 4857986 1326612 1580234 333327 409195 17709842 19596390 0 0 0 0 11992477 12665262 391036 155000 1347806 6151270 6545208 18534783 19365470 -824941 230920 42630186 42095296 3813983 3586221 38816203 38509075 X Mission - Utah Symphony | Utah Opera serves the people of our State and beyond as the premier provider of the orchestral and operatic art forms. Our vision is to connect the community through great live music - perform, engage, inspire. 0 0 9269213 0 2782465 711130 SYMPHONIC CONCERTS - The Utah Symphony was founded during the Great Depression as a Works Progress Administration orchestra under Roosevelt's New Deal. Today, the Utah Symphony is the premiere orchestra in the Intermountain West and one of only fifteen year-round orchestras (meaning full salary, benefits, and performing schedule) in the nation. This ranking compares favorably to Utah's rank of 34th among states in population size. The Utah Symphony presents over 200 concerts at Abravanel Hall and in communities throughout Utah, reaching approximately 105,642 during the 2012/13 season. A variety of programs are offered featuring some of the industry's most illustrious artists in performance with the Utah Symphony in programs ranging from Classical Symphonies, to Jazz, to Pops. Please see www.usuo.org for more information. 3293913 0 849032 711110 OPERA PERFORMANCES - Currently celebrating 35 years of opera in Utah, Utah Opera performs in Salt Lake City's Capitol Theatre, reaching an audience of an estimated 30,065 in the 2012/13 season. Utah Opera offers 20 performances of four mainstage productions each year, has a nationally-renowned costume shop, and features some of the top singers, directors, conductors, and designers from around the country. A Resident Artists program provides aspiring young singers an opportunity to refine their craft while performing secondary roles and singing in education and community outreach programs. Please see www.usuo.org for more information. Please see Schedule O. 2200711 0 1178735 711130 DEER VALLEY MUSIC FESTIVAL - Currently in its eleventh season, the Deer Valley Music Festival is the summer home of the Utah Symphony | Utah Opera, reaching an audience of an estimated 36,598 in the 2012/13 season. The festival provides chamber music, classical, family, and pops offerings in four venues: the Deer Valley Snow Park Outdoor Ampitheater, St. Mary's Church, Temple Har Shalom, and salons in private Park City homes. Please see www.usuo.org for more information. 1572435 0 46952 Please see www.usuoeducation.org for more information. (177474 viewers) 1572435 0 46952 16336272 1 1 0 1 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 163 0 1 473 1 0 1 CJ 0 0 0 1 1 0 0 0 0 0 X 44 40 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 UT X Steve Hogan 8018699057 336 North 400 West Salt Lake City UT 84103 Amy Rees Anderson 1 0 X 0 0 0 Edward R Ashwood 1 0 X 0 0 0 J Richard Baringer 1 0 X 0 0 0 Robert F Bennett 1 0 X 0 0 0 Kirk Benson 1 0 X 0 0 0 Judith M Billings 1 0 X 0 0 0 Kathryn Carter 1 0 X 0 0 0 Howard S Clark 1 0 X 0 0 0 Gary L Crocker 1 0 X 0 0 0 David L Dee 3 0 X 0 0 0 David K Floisand 1 0 X 0 0 0 Kem C Gardner 1 0 X 0 0 0 James S Gulbrandsen 1 0 X 0 0 0 Gregory L Hardy 1 0 X 0 0 0 Thomas N Jacobson 1 0 X 0 0 0 Ronald W Jibson 1 0 X 0 0 0 Patricia W Jones 1 0 X 0 0 0 Laura S Kaiser 1 0 X 0 0 0 R David McMillan 1 0 X 0 0 0 Brad W Merrill 1 0 X 0 0 0 Greg Miller 1 0 X 0 0 0 Edward B Moreton 1 0 X 0 0 0 William H Nelson 1 0 X 0 0 0 Theodore F Newlin III 1 0 X 0 0 0 Joseph J Palmer 1 0 X 0 0 0 Dinesh C Patel 1 0 X 0 0 0 Frank R Pignanelli 1 0 X 0 0 0 Mark Prothro 1 0 X 0 0 0 Bert Roberts 1 0 X 0 0 0 Joanne F Shiebler 1 0 X 0 0 0 Sean M Slatter 1 0 X 0 0 0 Bob Wheaton 1 0 X 0 0 0 John W Williams 1 0 X 0 0 0 George Brown 40 0 X 77322 0 24026 Walter Haman 1 0 X 54839 0 15344 Geraldine Christensen 1 0 X 0 0 0 Janice Maughan 1 0 X 0 0 0 Jennifer Streiff-Hickman 1 0 X 0 0 0 Judith Vander Heide 2.00 0 X 0 0 0 Patricia A Richards 10 0 X 0 0 0 Kristen Fletcher 3 0 X 0 0 0 David A Petersen 3 0 X 0 0 0 Annette Jarvis 3 0 X 0 0 0 John D'Arcy 3 0 X 0 0 0 Melia Tourangeau 40 0 X X 192633 0 50072 David Green 40 0 X 94432 0 35604 Steve Hogan 40 0 X 96048 0 27816 Ralph Thomas Matson 40 0 X 138179 0 31833 653453 0 184695 5 0 1 0 Love Communications 546 South 200 West Salt Lake City UT 84101 Advertising 447946 Thierry Fischer 10 Avenue du Mervelet Geneva SZ 1209 Symphony Conductor/Music Director 421651 Salt Lake County Center for the Arts 50 W 200 S Salt Lake City UT 84101 Building rent & Ticket sales 292965 Deer Valley Resorts PO Box 1525 Park City UT 84060 Food service & Venue rental 215151 Columbia Artist Management 1970 Broadway 16th Floor New York NY 100191412 Guest Artists 164000 7 0 0 539933 0 3864078 8344964 709322 12748975 Concert and Performance 711130 4857986 4857986 0 0 0 0 0 0 4857986 1580234 0 0 1580234 0 0 0 0 0 0 0 0 0 645436 0 165692 0 479744 479744 479744 0 0 0 0 70827 539933 192772 -121945 0 -121945 Other 711110 51396 51396 0 0 0 0 0 0 51396 19596390 5389126 0 1458289 716123 311458 269467 135198 9154006 8336215 341361 476430 604709 553414 31398 19897 1490143 1339294 38197 112652 700281 637720 26114 36447 156190 0 156190 0 19425 0 0 19425 155000 155000 386860 320471 57305 9084 206064 192872 7848 5344 32029 0 32029 0 9139 0 9139 0 315595 114064 201531 0 80600 0 80600 0 Guest Artists 2201350 2197818 3532 0 Marketing/Cultivation 1471495 1240588 413 230494 Production 1264141 1086889 177252 0 General & Administrative/Guild 402320 5469 249016 147835 19365470 16336272 1681392 1347806 220642 572181 7472638 4640170 1843029 2046846 433285 299688 8393518 4334065 4207217 4059453 28318289 30341283 6900 6900 128186 128775 42630186 42095296 1018164 1143046 1799112 1684816 400000 350000 596707 408359 3813983 3586221 X 5232714 5463635 5692366 4305155 27891123 28740285 38816203 38509075 42630186 42095296 X 230920 0 0 0 0 -538048 X 0 1 X 1 0 X 12443505 10762491 11223430 11290027 12819802 58539255 0 0 0 0 0 0 0 0 0 0 0 0 12443505 10762491 11223430 11290027 12819802 58539255 58539255 1604851 1657368 1865490 1326612 1580234 8034555 0 0 0 0 0 0 42018 31612 29264 50745 51396 205035 66778845 0.87661 0.87199 X Other income from audition fees, instrument rentals, boutique sales, sheet music rental, and insurance rebates. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 1 19425 1 0 1 0 0 19425 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 ZAP Reauthorization - a county sales tax of .01% which supports Zoo, Arts, and Parks. 0 1 0 0 0 36335 0 817027 1 1 33602436 181515 2648266 0 1294860 194352 34943005 30264091 3811101 1017356 0 1253510 236602 33602436 26907431 1351369 3570681 0 1390825 174565 30264091 26820984 310442 1599122 0 1567296 255821 26907431 33422136 433952 -6698365 0 0 336739 26820984 0.17 0.83 0 0 0 0 229500 229500 0 5472471 2285256 3187215 0 145675 49778 95897 0 1124553 841064 283489 0 1421319 1157967 263352 4059453 Wells Fargo Line of Credit 408359 408359 20911862 0 1305364 0 -348356 957008 19954854 0 -358464 -358464 19596390 21218991 1305364 0 0 189693 1495057 19723934 0 -358464 -358464 19365470 SchD_P05_S00_L04 Schedule D, Part V, Line 4 US&O uses 5% of a 12 quarter average to help contribute to the program expense of the organization. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Interest and dividends on Endowment $642,437; Realized & unrealized gains/losses $1,942,914; Contributions to Endowment $181,515; Released to Board Designated ($400,000); Contributions for future use $828,684; Release of prior contributions ($2,325,850); Endowment Draws ($1,318,971); Government grants for future use $1,487,778; Release of prior government grants ($1,386,862). SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Costume/set rental recognized as an offset to rental revenues on tax return ($165,692); Fundraising event expenses reported on 990 Part VII Line 8b ($192,772). SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Endowment Investment Expenses ($189,693); Allowance for Bad Debts on Endowment $0. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Costume/set rental recognized as an offset to rental revenues on tax return ($165,692); Fundraising event expenses reported on 990 Part VII Line 8b ($192,772). X X X X X 1 Community Counselling Service Co LLC PO Box 27462 New York NY 100877462 Develop and run a comprehensive campaign to include endowment and multi-year annual giving. 0 2000000 155000 1845000 2000000 155000 1845000 UT Deer Valley 10th Anniversary Gala 577340 516807 60533 0 0 180 70 60283 118154 Utah Symphony Guild Heartstrings 10227 1866 8361 0 0 0 8361 0 789 1 23193 21260 1933 0 0 0 1933 0 3002 610760 539933 70827 0 0 180 10364 60283 121945 192772 -121945 X 1 1 X X 0 0 0 0 0 0 0 0 0 Melia Tourangeau 172633 0 20000 0 0 0 23523 0 26549 0 242705 0 0 Ralph Thomas Matson 138179 0 0 0 0 0 11083 0 20731 0 169993 0 0 0 David Green 94432 0 0 0 0 0 11277 0 24327 0 130036 0 0 0 Steve Hogan 96048 0 0 0 0 0 4237 0 23579 0 123864 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Alta Club, Rotary Club Bob Wheaton Board Member 215191 Venue rental pmts to resort. 1 X 24 709322 ave between high & low 0 0 1 0 F990_P03_S00_L04b Form 990, Part III, Line 4b Form 990, Part III, Line 4b - Utah Symphony | Utah Opera represents one of the very few combined professional arts organizations in the United States. Although its joint history is a relatively young one, the benefits Utah Symphony | Utah Opera is realizing are a direct response to Utah residents' demand of us as we more effectively serve our audiences and community. A prime example of the service we are able to render to the arts community is the value housed in the Utah Opera Production Studios. One of the only facilities of its kind, the Utah Opera Production Studios represents a team of artisans, designers, and skilled craftsmen who bring the art form of opera to life for Utah Opera and performing arts organizations around the world. The Utah Opera Production Studios bring the integration of all production activities of the Utah Symphony | Utah Opera to one resourceful location (Costume Shop & Costume Rentals, Prop Studio, Scenic Shop & Scenic Studio, Set Storage, Assembly Bay, Rehearsal Hall) and allows the organization to utilize a business model which combines all aspects of both symphonic and operatic art forms. Production needs for performances at Abravanel Hall, the Capitol Theatre, and even the Deer Valley® Music Festival can be designed and built with the resources found in this building. This has resulted in valuable cost savings and artistic synergy for the organization and the community. The artistic leadership of the organization is committed to representing a broad range of musical styles, including traditional works, contemporary pieces, and new commissions to add to the canon of classical music. Community investment in Utah Symphony | Utah Opera strengthens our economy and enhances our quality of life. Utahans have long recognized that a person's quality of life rests, in part, on the community's commitment to the arts to inspire the human spirit and motivate the betterment of mankind. Over the years, Utah has experienced growth and prominence and continues to become established as a hub for business innovation and scientific research in the United States. Utah Symphony | Utah Opera stands as an influential cultural leader that is often cited by companies as an attraction for a successful and talented workforce to the region. The Utah Symphony | Utah Opera's Education Program benefits Utah's children and is one of the largest in the country, reaching more than 175,000 students and 8,500 teachers annually. Through our education program offerings, each school in Utah is visited every three to five years. The reach of this programming is far greater than performing arts organizations in other metropolitan areas. In addition to visits to schools, the programs provide opportunities for students to attend performances, rehearsals, master classes, and other great learning opportunities. The community at large is engaged regularly through various Outreach Programs. We present an annual performance for children with special needs and their families reaching over 600 families each year, an annual performance for the blind and visually impaired reaching up to 150 members of the community, and a variety of musical events for members of our community who are Alzheimer's care recipients and caregivers in collaboration with the Utah Chapter of the Alzheimer's Association reaching over 500 people each year. Other services coordinated by our Education and Outreach Department include a variety of free lectures, internships, on-line learning courses, teacher re-licensure programs, and a Youth Symphony Festival. A stand-out among Utah Symphony | Utah Opera's projects in our local partnership with local museums, art galleries, libraries, film centers, performing arts groups, and scholars, the Festival provides our community the opportunity to explore an artistic theme using all their senses. Additionally, through our volunteer network of over 300 individuals, the Utah Symphony Guild, Ogden Opera Guild, and Youth Guild reach over 500 citizens through their programs and events each year. Utah Symphony | Utah Opera is engaged in valuable cooperative relationships with many other non-profit organizations that serve a variety of purposes, including, The Road Home, Utah School Boards, Ballet West, Madeleine Cathedral Choir School, Children's Dance Theatre and Utah Shakespeare Festival. It is also notable that, through a close relationship with the communities it serves, Utah Symphony | Utah Opera is able to reinvest into Utah's economy. The organization employs nearly 450 individuals each year. Performance activity generates approximately $45.5 million of consumer expenditures in Salt Lake City and surrounding areas. An estimated 93% of Utah Symphony | Utah Opera expenses are fed directly back into the local economy. Economic development professionals concur that a vibrant symphony and opera are important criteria in attracting new businesses and skilled professionals to Utah. Source: Salt Lake County Cultural Facilities Master Plan, AMS Consultants, December 2008 Utah Symphony | Utah Opera reaches over 349,000 people every year through live performances. F990_P06_S0A_L01a Form 990, Part VI, Section A, Line 1a In the absence of Board action or in the event that the Board is unable to take action on a particular matter, the Executive Committee shall have all of the powers and exercise all of the duties of the Board in managing the business of the Corporation. Any such action taken by the Executive Committee in the absence or inability of the Board to take action shall be considered for ratification by the Board at the next regular meeting or special meeting of the Board. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Our board is made up of community leaders and as such some business relationships exist and our conflict of interest policy and process adequately reveals and manages these so they are not conflicts for the organization. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The Corporation may have three or more appointed ex officio voting Trustees of the Board. These positions shall be comprised of the following: (i) on Ogden Opera Guild representative; (ii) one Utah Symphony Guild representative; (iii) one Ogden Symphony Ballet Association representative; and (iv) such representatives of auxiliary and advisory organizations and guilds as elected by their respective organizations and guilds. Two Musicians, as provided in the Collective Bargaining Agreement between the Corporation and American Federation of Musicians, Local 104, are voting Trustees of the Board. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Prepared by CFO, reviewed by Finance and Executive committees, posted to website for entire board review. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The values governing the affairs of Utah Symphony & Opera (US&O) are Excellence, Integrity, Trust, and Communication. Staff members are encouraged in their individual capacities to represent these values and to exemplify the highest standards of ethical behavior in all they do and say. They are thus encouraged to do their utmost to respect the rights and dignity of other persons; to be honest, accurate and open-minded in the presentation of information and ideas; when accounting for US&O's assets or handling financial transactions; when soliciting contributions; when representing US&O before governmental leaders, charitable foundations, patrons, and donors; or when dealing with vendors, partners, lessees, and other parties. A conflict of interest is defined as any circumstance that would cast doubt on the ability of a member of the staff to act with total objectivity with regard to the US&O's best interest. No member shall use his or her position, or the knowledge gained from his or her position, in such a manner that a conflict arises between the interest of the organization and the staff members' personal interests. An actual or potential conflict of interest may occur when an employee is in a position to influence a decision that may result in personal gain for that employee or for a relative as a result of business dealings. US&O relies on its employees to exercise their responsibilities to the organization in good faith. As a consequence of representing US&O, employees may be in a position to establish personal relationships with patrons and donors or obtain confidential information concerning them. Employees may not, directly or indirectly solicit or accept money, loans, expensive gifts, travel, extravagant entertainment, or preferential treatment from such individuals. Employees may not use any information obtained about patrons and donors to further their personal interests during their employment with US&O or after their termination with US&O. In addition to this, the materials, products, designs, plans, ideas, and data of US&O should never be given or sold to an outside agency, firm or person except through normal channels and with appropriate authorization. Any improper transfer of material or disclosure of information, even though it is not apparent that an employee has personally gained by such action, constitutes unacceptable conduct. Any employee who participates in such a practice will be subject to disciplinary action, up to and including possible discharge. Having a conflict of interest may not necessarily indicate a professional transaction cannot occur. However, it is the duty of each staff member to disclose annually any actual or possible conflicts of interest in writing to the Department Head. The employee is expected to provide all material facts and personal interests that may by determined to present a conflict of interest before any discussion or negotiation of a transaction takes place. Immediately upon becoming aware of the possible conflict of interest, the Department Head will discuss the conflict with the COO to determine whether a particular conflict of interest is fair to the organization. The Department Head will respond in writing to the employee within 30 days of disclosure. If agreement is not reached, the final determination will be made by the President/CEO. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 League of American Orchestras Survey for salaries, Opera America, recruiting firm using comparable data, task force of board members as a search committee. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 We post to our website, provide copies upon request as well as publishing board meeting schedules in the newspaper which allows interested persons to attend meetings and request information. Conflict of interest policy is distributed annually. F990_P11_S00_L09 Form 990, Part XI, Line 9 Government grants for future period-temporary restricted-$1,487,778; Government grants from prior period released to operations-($1,386,862); Contributions for future period-temporary restricted-$828,684; Contributions from prior period released to operations-($2,325,850); Contributions to endowment-permanent restricted-$181,515; Donor redirected gift to Board Endowment-($400,000); Interest-temporary restricted-$9,669; Interest-permanent restricted-$159,854; Dividends-temporary restricted-$28,045; Dividends-permanent restricted-$444,869; Unrealized gains-temporary restricted-$77,221; Unrealized gains-permanent restricted-$1,198,466; Realized loss-temporary restricted-$38,965; Realized loss-permanent restricted-$628,262; Draws from endowment-temporary restricted-($133,682); Draws from endowment-permanent restricted-($1,185,289); Management and general expenses-temporary restricted-$11,179; Management and general expenses-permanent restricted-$178,515.