2013-03-27T16:01:21-05:00 2012-05-31 274174400 HEE & CHING CPAS LLC 737 BISHOP STREET SUITE 2360 HONOLULU HI 968133214 990 2011-06-01 990197758 HAWAII OPERA THEATRE HAWA 8085967372 848 SOUTH BERETANIA STREET NO 301 HONOLULU HI 96813 KAREN TILLER 8085967372 2013-03-27 1 LESTER J HEE CPA P00988033 8085327322 2011 2016-02-25 16:41:14Z KAREN TILLER 848 SOUTH BERETANIA STREET NO 301 HONOLULU HI 96813 8480582 0 X WWW.HAWAIIOPERA.ORG X 1980 HI EDUCATE AND SUPPORT THE CULTURAL DEVELOPMENT OF OPERA IN HAWAII. 57 57 72 78 65817 -12980 1054702 1206006 1045791 967563 3651838 270009 408588 423939 6160919 2867517 0 0 0 0 1243989 1274154 0 0 92461 2094109 2093867 3338098 3368021 2822821 -500504 10375920 9156333 737369 645702 9638551 8510631 X DEFINED AS A CULTURAL/EDUCATIONAL INSTITUTION, HAWAII OPERA THEATRE IS THE ONLY PERFORMING ARTS ORGANIZATION IN HAWAII PRESENTING GRAND OPERA, THEREBY INCREASING THE PUBLIC'S AWARENESS AND APPRECIATION OF AN ART FORM THAT PROVIDES A UNIQUE COMBINATION OF MUSIC, THEATRE, AND DANCE. HAWAII OPERA THEATRE'S GOAL IS TO BE RECOGNIZED AS AN OUTSTANDING REGIONAL OPERA COMPANY, ONE THAT CONSISTENTLY PRODUCES PERFORMANCES OF THE HIGHEST QUALITY WHILE MAINTAINING A STRONG FINANCIAL POSITION. 0 0 2907426 920164 HAWAII OPERA THEATRE PRESENTED 4 FULLY STAGED AND COSTUMED PERFORMANCES EACH OF AIDA, THE PEARL FISHERS AND DON PASQUALE AT THE NEAL BLAISDELL CONCERT HALL IN HONOLULU WITH STELLAR CASTS OF NATIONALLY AND INTERNATIONALLY RENOWNED PERFORMERS, DIRECTORS, ORCHESTRA AND VOLUNTEER CHORUS. ONE PERFORMANCE OF EACH OPERA IS DEDICATED TO OUR "OPERA FOR EVERYONE" (OFE) PROGRAM WHICH WAS ATTENDED BY APPROXIMATELY 2,800 STUDENTS AND TEACHERS. AUDIENCE COUNT FOR THE OTHER 9 GRAND OPERA PERFORMANCES WAS OVER 13,000. HAWAII OPERA THEATRE PUBLISHES A PROGRAM FOR EACH OF THE GRAND OPERAS TO EDUCATE THE AUDIENCE IN REGARDS TO THE PROGRAM THEY ARE ATTENDING IN ADDITION TO FREE LECTURES AT THE ACADEMY OF ARTS, AND AT THE CONCERT HALL PRIOR TO THE PERFORMANCES. 99825 47399 THE OPERA EXPRESS PROGRAM, AIDA, TOURED ELEMENTARY SCHOOLS THROUGHOUT OAHU FOR 20 PERFORMANCES IN THE FALL PLUS A TWO DAY RUN AT HONOLULU'S HISTORIC HAWAII THEATRE. IN THE SPRING, ANOTHER 19 PERFORMANCES WERE ACCOMPLISHED. STUDIO MEMBERS PERFORMED AT THE HALEIWA ARTS FESTIVAL AND THE OPERA BALL. COACHING FOR YOUNG SINGERS WAS PRESENTED BY JAKE AND JILL GARDNER, CULMINATING IN 2 SOLD OUT PERFORMANCES OF "IT'S A GRAND NIGHT FOR SINGING". OTHER COACHING WAS PROVIDED BY SAN FRANCISCO OPERA CENTER'S DIRECTOR OF MUSICAL STUDIES, AND CONCLUDED WITH 2 PERFORMANCES OF GREAT SINGERS, GREAT SONGS. TIM SHAINDLIN FROM THE LYRIC OPERA OF CHICAGO AND THE YALE SCHOOL OF MUSIC, AND ALLEN BOWERS PROVIDED INDIVIDUAL COACHING AND ALEXANDER TECHNIQUE. MASTERCLASSES WERE PRESENTED BY DAME KIRI TE KANAWA, AND FREDERICA VON STADE. GREAT AMERICAN VOICES CONCERTS WERE PERFORMED ON THE BIG ISLAND AND KAUAI. STUDIO MEMBERS PERFORMED MENOTTI'S THE OLD MAID AND THE THIEF FOR A LIVE STUDIO AUDIENCE, THAT WAS ALSO BROADCAST LIVE, ON HAWAII PUBLIC RADIO. THE RESIDENCY PROGRAM "THE MAGIC FLUTE" TOOK PLACE FOR THE FIRST TIME AT ST. LOUIS SCHOOL ON OAHU, AND INVOLVED STUDIO MEMBERS PLUS APPROXIMATELY 80 STUDENTS FROM THE 7TH AND 8TH GRADES. 3007251 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 65 0 72 1 1 1 0 0 0 0 1 1 0 0 0 1 0 X 57 57 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X X X KAREN TILLER 8085967372 848 SOUTH BERETANIA STREET SUITE HONOLULU HI 96813 NANCY PEACOCK 1.00 X 0 0 0 MARGARET B ARMSTRONG 1.00 X 0 0 0 WILLIAM J BARTON 1.00 X 0 0 0 NANNA BRADFORD 1.00 X 0 0 0 FRANCES PATSY B BUNN 1.00 X 0 0 0 PAMELA ANDELIN CAMERON 1.00 X 0 0 0 CHRISTINE HH CAMP 1.00 X 0 0 0 LYNNE JOHNSON 1.00 X 0 0 0 JACQUELINE YEE REBER 1.00 X 0 0 0 JULIA FROHLICH CHERRY 1.00 X 0 0 0 HELENE LENI B DAVIS 1.00 X 0 0 0 HANK CK WUH 1.00 X 0 0 0 HELEN G GARY 1.00 X 0 0 0 JOHN M HARA 1.00 X 0 0 0 STEVEN PRIETO 1.00 X 0 0 0 THOMAS P HUBER 1.00 X 0 0 0 LEE ALDEN JOHNSON 1.00 X 0 0 0 RALPH KIESSLING 1.00 X 0 0 0 FLORIA LORI KOMER 1.00 X 0 0 0 MI KOSASA 1.00 X 0 0 0 JAMES T LEAVITT 1.00 X 0 0 0 LUANNA MCKENNEY 1.00 X 0 0 0 PHILIP I MCNAMEE 1.00 X 0 0 0 NORMA NICHOLS 1.00 X 0 0 0 CHRISTINE O'BRIEN 1.00 X 0 0 0 AGGRENEVA NEVA REGO 1.00 X 0 0 0 SARAH M RICHARDS 1.00 X 0 0 0 KATHERINE G RICHARDSON 1.00 X 0 0 0 ALICE K ROBINSON 1.00 X 0 0 0 DALE RUFF 1.00 X 0 0 0 DAVID Y TAKAGI 1.00 X 0 0 0 JAMES K TAM 1.00 X 0 0 0 RICHARD M TOWILL 1.00 X 0 0 0 MARILYN TRANKLE 1.00 X 0 0 0 WANDA W TSE 1.00 X 0 0 0 MAGGIE S WALKER 1.00 X 0 0 0 CHARLES R WICHMAN 1.00 X 0 0 0 ADRIENNE WING 1.00 X 0 0 0 JERI LYNCH 1.00 X 0 0 0 AILEEN UTTERDYKE 1.00 X 0 0 0 ROBERT B BUNN 3.00 X X 0 0 0 ROBERT S KATZ 3.00 X X 0 0 0 STEPHEN H WILSON 3.00 X X 0 0 0 LINN SOL ALBER 3.00 X X 0 0 0 KAREN CHAR 3.00 X X 0 0 0 MARILYN LYN B CLARKIN 3.00 X X 0 0 0 SUZANNE B ENGEL 3.00 X X 0 0 0 FLORA R KAWASJEE 3.00 X X 0 0 0 JAMES LALLY 3.00 X X 0 0 0 EVELYN B LANCE 3.00 X X 0 0 0 PATRICIA Y LEE 3.00 X X 0 0 0 RICHARD C PALMA 3.00 X X 0 0 0 JEAN E ROLLES 3.00 X X 0 0 0 JOYCE TOMONARI 3.00 X X 0 0 0 LES UEOKA 3.00 X X 0 0 0 GREGORY E RATTE 3.00 X X 0 0 0 LEONARD CHOW 3.00 X X 0 0 0 JAMES H MCCOY 10.00 X X 0 0 0 KAREN TILLER 50.00 X 108000 0 0 HENRY G AKINA 40.00 X 100000 0 0 208000 0 0 1 0 0 0 MUSICIANS SERVICES INC 949 KAPIOLANI BLVD HONOLULU HI 96814 ORCHESTRA 432611 1 190200 14705 1001101 850 1206006 OPERA TICKET SALES 711110 920164 920164 EDUCATIONAL PROGRAMS 611600 47399 47399 967563 247205 247205 919444 3826 564690 261 354754 3565 358319 358319 4920933 4898129 22804 22804 22804 148563 190200 149985 -1422 -1422 HSO HANDLING FEES 711190 61912 61912 ARIA NEWS ADVERTISING 541800 3905 3905 OTHER INCOME 900099 1225 1225 67042 2867517 967563 65817 628131 108000 32400 37800 37800 912111 828978 37920 45213 135275 125018 5983 4274 118768 105294 8300 5174 4309 2155 2154 67853 33927 33926 70017 35009 35008 4183 2092 2091 76021 38011 38010 54123 27062 27061 3328 1664 1664 13054 6527 6527 34282 17141 17141 29448 14724 14724 PRODUCTION 1343453 1343453 MARKETING 113269 113269 EDUCATIONAL PROGRAMS 99825 99825 DEVELOPMENT 85066 85066 95636 95636 3368021 3007251 268309 92461 509890 375225 43334 10907 18157 5666 50502 30637 3706888 1554502 2225978 2152386 7528059 6581512 10375920 9156333 236584 177880 500785 447528 0 20294 737369 645702 X 1613283 1256343 1621165 803140 6404103 6451148 9638551 8510631 10375920 9156333 X -500504 -627416 X X 1 1 1 X 0 X 1916951 1570686 1189897 1054702 1206006 6938242 1916951 1570686 1189897 1054702 1206006 6938242 182858 6755384 303385 362724 432360 360905 605524 2064898 36232 5613 1448 -4895 -12980 25418 9028558 5908193 0.74820 0.77750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6404103 25000 22045 6451148 3412611 2782 2988710 6404103 3402048 10563 3412611 3362661 50000 -10613 3402048 0.01070 0.98930 0.00000 0 0 776457 776457 2610277 1322464 1287813 320154 232038 88116 2152386 MARKETABLE SECURITIES 6581512 F 6581512 DUE TO HAWAII SYMPHONY ORCHESTRA 20294 20294 2867517 3368021 -500504 -627416 -627416 -1127920 3063208 -627416 149470 673637 195691 2867517 0 2867517 4191128 149470 673637 823107 3368021 0 3368021 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE THEATRE HAS A SPENDING POLICY ALLOWING FOR THE APPROPRIATION OF 5% OF THE ROLLING 20 QUARTERS' AVERAGE BALANCE OF THE ENDOWMENT, OR SUCH OTHER AMOUNT AS CONSIDERED NECESSARY BY THE BOARD OF DIRECTORS. NET RENTAL INCOME EARNED FROM REAL ESTATE ENDOWMENT IS EXPENDED CURRENTLY IN SUPPORT OF OPERATIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS $673,637 REVENUES NETTED PART XIII, LINE 2D - OTHER ADJUSTMENTS $673,637 EXPENSES NETTED OPERA BALL 240600 190200 50400 105811 SILENT AUCTION 50383 50383 2384 4 47780 47780 41790 338763 190200 148563 149985 149985 -1422 FORM 990, PART VI, SECTION A, LINE 6 THE BY-LAWS EXPLAIN THE PROCESS BY WHICH MEMBERS CAN ELECT MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS A DONOR MEMBERSHIP WHICH VOTES NEW DIRECTORS IN AT THE ANNUAL MEETING VIA PERSONAL ATTENDANCE. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS EXPLAIN THE PROCESS BY WHICH MEMBERS CAN ELECT MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS AN INDEPENDENT OUTSIDE ANNUAL AUDIT, WHICH IS REVIEWED BY THE BOARD OF DIRECTORS. AFTER ITS COMPLETION, THE TAXES ARE PREPARED BY A SECOND CERTIFIED PUBLIC ACCOUNTING AGENCY WHO ALSO OVERSEES THE FISCAL MANAGEMENT OF THE COMPANY AND WORKS CLOSELY IN CONJUNCTION WITH AUDIT RECOMMENDATIONS TO DETERMINE THAT THE 990 IS CORRECTLY PREPARED. THIS INFORMATION IS THEN REVIEWED BY THE TREASURER. A COPY OF THE TAX RETURN IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS, DIRECTORS, AND EMPLOYEES. SUCH PERSONS ARE REQUIRED TO INFORM THE CHAIRMAN OF THE BOARD OF DIRECTORS OF ANY POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS IDENTIFIED AS SUCH. THIS PERSON WILL THEN BE EXCUSED FROM TAKING ANY FURTHER ACTION UNLESS THE BOARD OF DIRECTORS, AFTER FULL DISCLOSURE, FINDS THAT THERE IS NOT A MATERIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE GENERAL DIRECTOR AND EXECUTIVE DIRECTOR IS DETERMINED BY THE STEERING COMMITTEE WHO FORWARDS THEIR RECOMMENDATION TO THE BOARD OF DIRECTORS. SALARY RANGES ARE BASED EQUITABLY TO OTHER OPERA COMPANIES COMPARABLE IN SIZE AND COMPLEXITY AND ARE COMPLETED IN CONTRACT FORM. FORM 990, PART VI, SECTION C, LINE 19 THE 990 IS AVAIABLE ON OUR OWN WEBSITE AT HAWAIIOPERA.ORG AND HOSTED AT GUIDESTAR.ORG. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICE UPON REQUEST. THE 990 IS ALSO AVAILABLE UPON WRITTEN REQUEST OR OFFICE VISIT. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -627,416. FORM 990, PART XI, LINE 2C NO CHANGE IN PROCESS FROM PRIOR YEAR.