2014-03-25T09:59:07-05:00 2013-08-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2012-09-01 310549044 CINCINNATI OPERA ASSOCIATION INC CINC 5137685500 1243 ELM ST MUSIC HALL CINCINNATI OH 45202 Christopher Milligan 5137685500 2014-03-22 1 Paula Hume P00537516 5132418313 2012 2015-11-30 17:44:51Z Christopher Milligan 1243 ELM ST MUSIC HALL CINCINNATI OH 45202 13640806 0 X www.cincinnatiopera.org X 1935 OH The second oldest opera company in America, Cincinnati Opera presents dynamic opera productions every summer in Cincinnati's historic Music Hall. Cincinnati Opera is dedicated to educating, entertaining, and inspiring audiences by presenting opera performances, school tours, and community programs for adults and children that meet the highest standards of artistic excellence. 76 76 242 175 0 0 4679917 6933752 1644934 1621769 1292655 1543672 -87372 -38299 7530134 10060894 0 0 0 0 4216690 4711012 0 0 580198 2125432 2182289 6342122 6893301 1188012 3167593 21313559 24347244 1253400 1251713 20060159 23095531 X Cincinnati Opera, known for creating beautiful, magical, and thrilling experiences, is an indispensable part of our community and region. By connecting people and organizations, we produce experiences that everyone loves, and they can't wait to come back for (cont. pg 37) more. In fiscal year 2013, Cincinnati Opera, the second oldest Opera company in America, celebrated its 93rd anniversary season. 0 0 5373442 1615719 Grand Productions include Don Giovanni, Rosenkavalier and Aida. TheOpera's new intitative known as CO2, presented Galileo Galilei. Grandproductions as well as CO2 productions, of Opera performances: 4Productions: 13 Audiences: 21,894. 91814 6050 There are 3 categories of experience designed to inspire, educate and engage school students and adults: touring productions, integrated classroom experiences, and lectures. These included Opera Raps, Opera Insights, Let's Cook Up An Opera, Find Your Voice, and Opera in a Box. The 39 touring performances reached 5,700 and 2,367 community members attended our Raps and Insights. 5465256 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 154 0 1 242 1 0 0 0 0 0 1 1 0 0 0 0 X 76 76 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X Michael J Veroni CFO 5137685502 1243 Elm Street Cincinnati OH 45202 Robert W Olson 8.00 X X 0 0 0 Cathy Crain 4.00 X X 0 0 0 Jean Crawford 4.00 X X 0 0 0 Timothy C Kimmel 4.00 X X 0 0 0 Barbara Hahn 4.00 X X 0 0 0 Boris Auerbach 4.00 X X 0 0 0 Brett Stover 4.00 X X 0 0 0 Charlin Briggs 4.00 X X 0 0 0 Dabby Blatt 4.00 X X 0 0 0 Daniel B Cunningham 4.00 X X 0 0 0 Edward B Silberstein MD 4.00 X X 0 0 0 Elizabeth Stites 4.00 X X 0 0 0 Frederick R Good 4.00 X X 0 0 0 Gary Doc Huffman 4.00 X X 0 0 0 Harry Fath 4.00 X X 0 0 0 James Fitzgerald 4.00 X X 0 0 0 John G Earls 4.00 X X 0 0 0 John Tew MD 4.00 X X 0 0 0 Jonathan McCann 4.00 X X 0 0 0 Joseph E Brinkmeyer 4.00 X X 0 0 0 Julia Meister 4.00 X X 0 0 0 Mark Busher 4.00 X X 0 0 0 Murray Sinclaire Jr 4.00 X X 0 0 0 Rich Lauf 4.00 X X 0 0 0 Robert J Hasl MD 4.00 X X 0 0 0 Nancy Rosenthal 4.00 X X 0 0 0 Wendell O'Neal MD 2.00 X 0 0 0 Ann Schoen 2.00 X 0 0 0 Anne Zaring 2.00 X 0 0 0 Barbara Hummel 2.00 X 0 0 0 Benjamin Dusing 2.00 X 0 0 0 Bertie Ray III 2.00 X 0 0 0 Brian Tiffany 2.00 X 0 0 0 Carla Walker 2.00 X 0 0 0 Charles Kuntz IV MD 2.00 X 0 0 0 Christopher Baucom 2.00 X 0 0 0 Cynthia Goodman 2.00 X 0 0 0 David Motch 2.00 X 0 0 0 David Reichert 2.00 X 0 0 0 Edita Hoffman 2.00 X 0 0 0 Elaine Billmire MD 2.00 X 0 0 0 Eric Dauer 2.00 X 0 0 0 Frank Caliguri 2.00 X 0 0 0 James Woltermann 2.00 X 0 0 0 Jane Votel 2.00 X 0 0 0 Jim Stapleton 2.00 X 0 0 0 Joanie Lotts 2.00 X 0 0 0 Judith Stein MD 2.00 X 0 0 0 Julie Heard 2.00 X 0 0 0 Kathy Selker 2.00 X 0 0 0 Mary Ann Boorn 2.00 X 0 0 0 Melanie Chavez 2.00 X 0 0 0 Michael Cioffi 2.00 X 0 0 0 Mona Kerstine 2.00 X 0 0 0 Monica Newby DDS 2.00 X 0 0 0 Nydia Tranter 2.00 X 0 0 0 Olga Duarte MD 2.00 X 0 0 0 Pamela Spangler 2.00 X 0 0 0 Peggy LeMasters MD 2.00 X 0 0 0 Peggy Markstein 2.00 X 0 0 0 Peter G Courlas 2.00 X 0 0 0 Peter Graham 2.00 X 0 0 0 Phyllis Weston 2.00 X 0 0 0 Ronna Willis 2.00 X 0 0 0 Shelby Wood 2.00 X 0 0 0 Shelia Cole 2.00 X 0 0 0 Sherie Marek 2.00 X 0 0 0 Sid Khosla MD 2.00 X 0 0 0 Stan Morton 2.00 X 0 0 0 Theresa Henderson 2.00 X 0 0 0 Tina Jackson 2.00 X 0 0 0 Cynthia Starr 2.00 X 0 0 0 Jeannine Winkelmann 2.00 X 0 0 0 Mario Zuccarello MD 2.00 X 0 0 0 Lisa Hillenbrand 2.00 X 0 0 0 Vicki Alpaugh 2.00 X 0 0 0 Madeline Gordan 2.00 X 0 0 0 Christopher Canarie 2.00 X 0 0 0 Jenny Magro 2.00 X 0 0 0 Mary Lopez 2.00 X 0 0 0 Mike Feigelson 2.00 X 0 0 0 Pauline Van Der Haer 2.00 X 0 0 0 Richard Coleman 2.00 X 0 0 0 Nancy Banks-Sacewicz 2.00 X 0 0 0 Samuel Kramer MD 2.00 X 0 0 0 Patricia K Beggs 40.00 X 211800 0 15184 Christopher A Milligan 40.00 X 100731 0 11835 Michael J Veroni 40.00 X 96694 0 6105 Glenn L Plott 40.00 X 104605 0 11913 Evans J Mirageas 40.00 X 140569 0 3477 654399 0 48514 0 0 1 0 Cincinnati Arts Association 650 Walnut Street Cincinnati OH 45202 Production personnel, rent 1198334 Cincinnati Symphony Orchestra 1241 Elm Street Cincinnati OH 45202 Orchestra 587279 Business Credit Cards PO Box 15710 Wilmington DE 198865710 Credit Cards 164096 Anthem Blue Cross & Blue Shield PO Box 105673 Atlanta GA 303485673 Health Insurance 135786 4 960000 189348 123860 5660544 1954283 6933752 Event Revenue 711190 1526830 1526830 Set Rental Income 711190 88889 88889 Education Outreach 711190 6050 6050 1621769 509500 509500 4477507 3443335 1034172 1034172 1034172 80021 189348 136577 -56556 -56556 Miscellaneous Development Income 900099 16484 16484 Miscellaneous 900099 1773 1773 18257 10060894 1621769 0 1505373 442350 28142 243970 170238 3959799 3504746 205320 249733 18775 13915 2763 2097 124771 120754 4017 165317 142791 10012 12514 22800 22800 10740 10740 402502 338217 64285 143088 17118 82225 43745 33290 27298 2663 3329 14563 14563 291068 245324 34308 11436 51710 51710 14994 14994 16492 8246 8246 366362 193275 173087 38096 31238 3048 3810 Production Materials 298179 298179 Scenery 146146 146146 Education Programs 91814 91814 Costumes 58439 58439 182006 133341 48665 6893301 5465256 847847 580198 624580 431973 2144549 2217308 27415 10304 110334 214442 7264085 5293975 2310629 1970110 8727750 11752304 7341403 7725890 26899 24913 21313559 24347244 221106 288783 1032294 962930 1253400 1251713 X 5289965 6169400 3900883 4086480 10869311 12839651 20060159 23095531 21313559 24347244 X 3167593 -516708 384487 X X 0 1 X 1 0 X 4744404 3612028 5102632 4679917 4979469 23118450 4744404 3612028 5102632 4679917 4979469 23118450 4987516 18130934 602636 520664 493629 742307 509500 2868736 266 253 43567 4747 44869 93702 26080888 8377624 0.69520 0.76630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8727750 2830234 517464 323144 11752304 8306855 30000 642505 251610 8727750 7113946 1233568 646100 686759 8306855 7102562 322498 381581 692695 7113946 6725028 1483262 -202005 903724 7102562 0.47000 0.44000 0.09000 1 0 6790783 4841972 1948811 473302 452003 21299 1970110 Beneficial Interest in Assets 7725890 F 7725890 10094487 -516708 29237 384487 -102984 10197471 -136577 -136577 10060894 7059115 29237 136577 165814 6893301 0 6893301 Description of Intended Use of Endowment Funds: Part V, Line 4: Endowment funds are invested in accordance with an Investment Policy approved by the Board of Trustees and its Investment Committee. A portion of the Opera's endowment fund is restricted by donor stipulation. Limited distributions from unrestricted endowment funds are made to support operations in accordance with an annual spending rate approved by the Board. Part XI, Line 2d - Other Adjustments: Change in Value of Beneficial Interest Held by Others 384,487. Part XI, Line 4b - Other Adjustments: Special Event Expense -136,577. Part XII, Line 2d - Other Adjustments: Special Event Expense 136,577. Gala 239564 175703 63861 5000 48888 40408 15622 Opening Night Dinner 19165 13645 5520 2045 7425 4242 1 10640 10640 960 11736 251 269369 189348 80021 8005 68049 40408 20115 136577 -56556 X 1 1 X X X X 0 0 0 0 0 1 0 0 0 Patricia K Beggs 201800 0 10000 0 0 0 3605 0 11579 0 226984 0 0 0 Part I, Line 1a The membership was for the Queen City Club. Meetings and business lunches are held there. Part I, Line 6 In any fiscal year for which COA has a surplus in its reconciled operating statement based on COA's normal accounting practices, Patricia Beggs will be paid a bonus of the lesser of $10,000 or amount of such surplus. X 17 1798601 FMV X Event Donations 164 155682 Cost 0 0 1 1 Third Party Use: Part I, Line 32b: Investment managers sell stock contributions upon receipt. Form 990, Part VI, Section A, line 2 Edward Silberstein, M.D. and Eric Dauer have a family relationship. Form 990, Part VI, Section B, line 11 A draft of this Form 990 was reviewed at a meeting of the Finance Committee of the Board of Trustees and was emailed for comments to each voting member of the Board of Trustees before it was filed. Form 990, Part VI, Section B, line 12c The Chair of the Finance Committee, in consultation with the Board President, reviews any financial interests disclosed in the annual conflict of interest statements completed by Trustees and key employees and reports the results of the review to the Finance Committee, which determines whether the transaction, agreement or arrangement to which it relates should be permitted to go forward or continue or should be terminated or precluded. That determination is reported to the Executive Committee of the Board, which has the authority to accept, reject or modify it. Form 990, Part VI, Section B, line 15 The Governance and Personnel Committee of the Board determines the CEO's compensation, based on performance, local competitive rates and national industry salary data. Form 990, Part VI, Section C, line 19 The organization's Articles of Incorporation, Code of Regulations, Conflict of Interest Policy and financial statements are available upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Change in Value of Beneficial Interest Held by Others 384,487. Form 990, Part XII, Line 2c The Finance Committee assumes the responsibility for the oversight of the audit of the financial statements and selection of an independent auditor. This process has not changed from the prior year.