2013-03-19T15:42:25-07:00 2012-05-31 Christopher Smith Leonard Etal 1515 Ringling Blvd Suite 900 Sarasota FL 34236 990 2011-06-01 237089047 Sarasota Opera Association Inc SARA 9413668450 50 Central Avenue Sarasota FL 34236 Richard A Russell 2013-03-19 true Aaron Mondon 9417481040 2011 2016-02-25 16:41:14Z Richard A Russell 11318927 false false X www.sarasotaopera.org X 1961 FL TO PRODUCE OUTSTANDING OPERA TRUE TO THE VISION OF THE COMPOSER, TO ENTERTAIN, ENRICH, AND EDUCATE THE COMMUNITIES IN SOUTHWEST FLORIDA AS WELL AS PATRONS FROM ACROSS THE STATE AND AROUND THE WORLD. 24 24 139 168 0 3335394 3018316 3003401 3347960 157496 121541 670954 816945 7167245 7304762 21000 9800 0 3170213 3756463 0 603572 4794500 5342070 7985713 9108333 -818468 -1803571 25790463 22579534 3536248 2215104 22254215 20364430 TO PRODUCE OUTSTANDING OPERA TRUE TO THE VISION OF THE COMPOSER, TO ENTERTAIN, ENRICH, AND EDUCATE THE COMMUNITIES IN SOUTHWEST FLORIDA AS WELL AS PATRONS FROM ACROSS THE STATE AND AROUND THE WORLD. TO PRODUCE SUCH OPERAS; AND TO FOSTER, PROMOTE, AND INCREASE PUBLIC KNOWLEDGE AND APPRECIATION OF OPERA AND SIMILAR PRESENTATIONS; TO INSTRUCT, TRAIN AND EDUCATE BOTH STUDENTS AND THE PUBLIC, GENERALLY, IN OPERA, MUSIC AND RELATED PERFORMING ARTS; AND TO RENT, ACQUIRE FOR USE, OR OWN, MAINTAIN, AND OPERATE A PLACE OR PLACES TO ACCOMPLISH THESE OBJECTIVES. false false 6225361 3785461 Sarasota Opera presented 41 opera performances; 12 concerts; outreach and educational programs including collaborations with other organizations reaching nearly 50,000 patrons in Southwest Florida Naples to Tampa. 1,525 youths participated in school-based cultural events through the Opera's Youth Opera program, which also serves as a conduit for appearances in fully-staged opera productions. 6225361 true true false false false false false false false true true false false false true false false true false false false false false false true false false false true true false false false false false false false false true false true false false false false false true false false false false true 280 0 true 139 true false false false false false false false false true true false 0 false false false false false false false false false false false X 24 24 false false false false false false false true true false true true true true true true true true true true false false X X KEN TARASI 9413668450 50 Central Avenue Suite 820 Sarasota FL 34236 X Casiana Schmidt 2.00 X 0 0 0 Mary Cook 2.00 X 0 0 0 Janet Huelster 2.00 X 0 0 0 Jeanne Yeagle 2.00 X 0 0 0 Jack Wright 2.00 X X 0 0 0 Donald J Worthington 2.00 X X 0 0 0 Joseph Stephan 2.00 X X 0 0 0 Jo Ann Frye 2.00 X 0 0 0 David Chaifetz 2.00 X X 0 0 0 Linda Moretti 2.00 X 0 0 0 Stan Abshier 2.00 X 0 0 0 Per-Erik Lindqvist 2.00 X 0 0 0 Murray Bring 2.00 X 0 0 0 Elayne Kalberman 2.00 X 0 0 0 Carol English 2.00 X 0 0 0 Joshua McCoy 2.00 X 0 0 0 Syble Di Girolamo 2.00 X 0 0 0 Joel D Fedder 2.00 X 0 0 0 Mark Famiglio 2.00 X 0 0 0 Monte Davis 2.00 X 0 0 0 Harold R Ronson 2.00 X 0 0 0 Robert Benjamin 2.00 X 0 0 0 Edward C Bavaria 2.00 X 0 0 0 Joshua M Benaim 2.00 X 0 0 0 Ulysses Brualdi 2.00 X 0 0 0 Susan T Danis 40.00 X 271913 0 6229 271913 6229 1 false true false DERENZI & SUNDINE INC 210 WEST 101 ST 9E NEW YORK NY 10025 ARTISTIC DIRECTION 357153 1 4419 139450 2874447 3018316 SARASOTA YOUTH OPERA 711110 15277 15277 RENTAL INCOME 711110 300564 300564 OPERA PRODUCTIONS 711110 3032119 3032119 3347960 165738 165738 0 0 0 3707652 3751849 -44197 -44197 -44197 641760 4419 262316 379444 352568 0 0 MISCELLANEOUS REVENUE 711110 437501 437501 437501 7304762 3785461 474109 0 9800 9800 0 0 278142 193504 74928 9710 0 3235967 2335911 796796 103260 2060 2060 98309 9314 73093 15902 141985 79488 51006 11491 49015 49015 30646 30646 25225 25225 0 0 0 22 22 201223 16407 184517 299 62942 28303 14831 19808 17886 11072 6814 0 199005 168513 30492 149420 142229 6564 627 0 140 140 13031 13031 0 951385 907481 43904 198658 198658 IATSE SUMMARY 460142 460142 rent & housing 476264 308257 168007 General and Admin 592294 581035 11259 production 1112239 1092827 5125 14287 802533 225512 167046 409975 9108333 6225361 2279400 603572 3700 5403 1656573 564533 1744523 733577 91606 84572 0 0 0 94880 47110 138916 22262176 6594057 16616603 15668119 5432841 5319988 0 0 0 149737 17316 25790463 22579534 255585 350847 1155575 1118876 1965303 664502 159785 80879 3536248 2215104 X 14687788 14655949 3312031 1728271 4254396 3980210 22254215 20364430 25790463 22579534 X -1803571 -86214 X false true false X false false X 7440007 4048690 2232632 3335394 3086284 20143007 3333719 3661549 4033291 3317069 3727404 18073032 0 0 0 10773726 7710239 6265923 6652463 6813688 38216039 3311200 1764686 295211 5371097 0 3311200 1764686 295211 5371097 32844942 472687 231662 157540 157496 121541 1140926 0 472687 231662 157540 157496 121541 1140926 0 465074 137069 388511 357286 437501 1785441 11711487 8078970 6811974 7167245 7372730 41142406 0.79830 0.75760 0.02770 0.03230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4828354 405874 145628 363257 5016599 4180076 29400 768014 149136 4828354 3779980 10000 515096 125000 4180076 0.18690 0.78800 0.02510 true false false 753213 753213 18660584 2407423 16253161 2416944 3938358 -1521414 431435 248276 183159 15668119 interest rate swap 80879 80879 7304762 9108333 -1803571 -159008 72794 -86214 -1889785 7476038 -159008 67968 262316 171276 7304762 7304762 9359711 67968 183410 251378 9108333 9108333 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S special events expense $262316 change in value of interest rate swap $-78906 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 special events expense $262316 arlington revenue $0 $0 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Arlington Revenue $0 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $78906 Less Arlington $ -6112 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. TO PROVIDE A STABLE FLOW OF RESOURCES FOR CURRENT OPERATIONS. false OPENING NIGHT GALA 145505 145505 80602 Meet the Maestro 126551 126551 7 374123 4419 369704 181714 646179 4419 641760 262316 262316 379444 true X 0 0 financial scholarship 8 9800 X X X X false false false false false false false false false false Susan T Danis 213925 57988 6229 278142 Mark Famiglio Board Member 105000 Warehouse Rental false form 990, part vii, sections a & b victor derenzi, the artistic director is paid through his corporation, derenzi & sundine, inc. Derenzi and Sundine Inc. is an independent contractor of Sarasota Opera Association, Inc. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available all required disclosures are made available upon request or at www.guidestar.org. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees internal budgets are compared to industry standards as published by opera america- an association of opera companies. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE ORGANIZATION REQUIRES ALL POTENTIAL CONFLICTS OF INTEREST TO BE REPORTED TO A SUPERVISOR AND/OR TO THE EXECUTIVE DIRECTOR. THE ORGANIZATION REQUIRES CONFLICTS OF INTEREST TO BE AVOIDED OTHER THAN TO THE EXTENT THE EXECUTIVE DIRECTOR HAS PROVIDED THE EMPLOYEE WITH A WRITTEN EXEMPTION. the board of trustees are asked to disclose any conflicts of interest at their annual meeting. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The board through its finance committee, reviews and approves the form 990 prior to its filing with the IRS. The finance committee reports its review and approval to the board. ARLINGTON SUPPORTING ORGANIZATION 61 N PINEAPPLE AVE SARASOTA FL 34236 546693209 TO SUPPORT SARASOTA OPERA ASSOCIATION FL 501(C)(3) 11 N/A false false false false false false false false false false false false false false false false false false false