2012-04-03T19:06:32-05:00 2011-05-31 HEE & CHING CPAS LLC 737 BISHOP STREET SUITE 2360 HONOLULU HI 968133214 990 2010-06-01 990197758 HAWAII OPERA THEATRE HAWA 8085967372 848 SOUTH BERETANIA STREET NO 301 HONOLULU HI 96813 KAREN TILLER 8085967372 2012-04-03 1 LESTER J HEE CPA 8085327322 2010 2016-02-24 21:20:13Z KAREN TILLER 848 SOUTH BERETANIA STREET NO 301 HONOLULU HI 96813 11047572 0 X WWW.HAWAIIOPERA.ORG X 1980 HI EDUCATE AND SUPPORT THE CULTURAL DEVELOPMENT OF OPERA IN HAWAII. 62 62 78 310 15713 -4895 1189897 1054702 1093004 1045791 162429 3651838 670518 408588 3115848 6160919 0 0 0 0 1231553 1243989 0 0 87152 2101831 2094109 3333384 3338098 -217536 2822821 7580509 10375920 764565 737369 6815944 9638551 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 2918446 1002342 HAWAII OPERA THEATRE PRESENTED 4 FULLY STAGED AND COSTUMED PERFORMANCES EACH OF FAUST, LUCIA DI LAMMERMOOR AND LA TRAVIATA 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 FOR APPROXIMATELY 3,250 STUDENTS AND TEACHERS. AUDIENCE COUNT FOR THE OTHER 9 GRAND OPERA PERFORMANCES WAS OVER 12,500. 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. THE GREAT AMERICAN VOICES CONCERT WAS HELD IN JUNE 2010 ON BOTH MOLOKAI AND MAUI. 82462 59162 THE OPERA EXPRESS PROGRAM, RUSSALKA, WAS PRESENTED AT THE HAWAII THEATRE WITH STUDIO MEMBERS IN NOVEMBER 2010, IN ADDITION TO PRESENTING 30 MORE PERFORMANCES IN SCHOOLS ON BOTH OAHU AND KUAUI. CASTS INCLUDED OPERA STUDIO MEMBERS WHO ARE FROM THE YOUNG LOCAL COMMUNITY. COACHING IS PROVIDED IN MASTERCLASSES AND PRIVATE LESSON SETTINGS AND INCLUDE VOCAL COACHING, POSTURE TECHNIQUE AND SCORE READING. AT THE CULMINATION OF OUR COACHING, THE STUDIO MEMBERS PROVIDED 2 CONCERTS OF ARIAS AND ENSEMBLES AT THE SACRED HEARTS ACADEMY SCHOOL AUDITORIUM TO SOLD OUT CROWDS. HAWAII OPERA THEATRE HELD A BALL FUNDRAISER IN NOVEMBER FOR THE UPCOMING SEASON AT WHICH STUDIO MEMBERS PERFORMED ARIAS AND DUETS FROM LA TRAVIATA. OUR STUDENTS ALSO PERFORM IN GRAND OPERA PRESENTATIONS AND THE EDUCATION DEPARTMENT PROVIDES EXTENSIVE AND COMPREHENSIVE EDUCATIONAL LECTURES TO EACH OF THE UPCOMING PERFORMANCES. IN ADDITION, STUDIO MEMBERS PERFORMED AT THE HALEIWA ARTS FESTIVAL ON OAHU'S NORTH SHORE, PROVIDED A FLASH MOB FOR THE CINEMA ITALIANO FILM FESTIVAL, AND PRESENTED A LIVE BROADCAST OF RUSSALKA ON HAWAII PUBLIC RADIO. AT THE CONCLUSION OF THE FISCAL YEAR OUR STUDIO MEMBERS BEGAN VOCAL COACHING WITH SAN FRANCISCO OPERA CENTER'S DIRECTOR OF MUSICAL STUDIES FOR THE UPCOMING FISCAL YEAR'S PROGRAMS. 3000908 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 93 0 78 1 1 1 0 0 0 0 1 1 0 0 0 0 X 62 62 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 MICHELE CARBONE 1.00 X 0 0 0 KRISTEN CHAN 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 LURYIER DIAMOND 1.00 X 0 0 0 KOREN K DREHER 1.00 X 0 0 0 HELEN 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 STEPHEN H WILSON 1.00 X 0 0 0 CARL P MARSH 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 LAWRENCE D RODRIGUEZ 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 LORI VOGEL THOMAS 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 3.00 X X 0 0 0 ROBERT B BUNN 3.00 X X 0 0 0 ROBERT S KATZ 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 AILEEN UTTERDYKE 10.00 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 485320 LA REAUX COMMUNICATIONS 598 ALIHI PLACE KAILUA HI 96734 ADVERTISING AND MARKETING 133867 2 178470 31751 844481 1054702 OPERA TICKET SALES 711110 986629 986629 EDUCATIONAL PROGRAMS 611600 59162 59162 1045791 9384 9384 879721 523 528723 350998 523 351521 351521 3795191 4090346 3138083 1105000 657108 2985346 3642454 3642454 156201 178470 114847 41354 41354 ARIA NEWS ADVERTISING 541800 15713 15713 15713 6160919 1045791 15713 4044713 108000 32400 37800 37800 878368 789958 47759 40651 143438 133318 5950 4170 114183 100832 8820 4531 69004 34502 34502 14976 7488 7488 3847 1924 1923 71249 35625 35624 67040 33520 33520 6347 3174 3173 11439 5720 5719 29637 14819 14818 25884 12942 12942 PRODUCTION 1368563 1368563 MARKETING 172689 172689 EDUCATIONAL PROGRAMS 82462 82462 OTHER GENERAL & ADMIN. 70610 70610 BOX OFFICE 55265 55265 45097 45097 3338098 3000908 250038 87152 1535584 509890 113521 43334 14095 18157 39940 50502 3577910 1351932 2314211 2225978 3563158 7528059 7580509 10375920 250493 236584 514072 500785 764565 737369 X 2206089 1613283 1197244 1621165 3412611 6404103 6815944 9638551 7580509 10375920 X 2822821 -214 X X 1 1 1 X 0 X 1617598 1916951 1570686 1189897 1054702 7349834 1617598 1916951 1570686 1189897 1054702 7349834 181186 7168648 330951 303385 362724 432360 360905 1790325 41249 36232 5613 1448 -4895 79647 9219806 6735922 0.77750 0.80100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3412611 2782 2988710 6404103 3402048 10563 3412611 3362661 50000 -10613 3402048 0.00730 0.99270 0 0 744718 744718 2546805 1154176 1392629 286387 197756 88631 2225978 MARKETABLE SECURITIES 7528059 F 7528059 6160919 3338098 2822821 -214 -214 2822607 7067607 -214 250190 656712 906688 6160919 0 6160919 4245000 250190 656712 906902 3338098 0 3338098 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE THEATRE IMPLEMENTED A SPENDING POLICY IN FISCAL 2010 ALLOWING FOR THE APPROPRIATION OF 5% OF THE ROLLING 20 QUARTER 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 $656,712 REVENUES NETTED PART XIII, LINE 2D - OTHER ADJUSTMENTS $656,712 EXPENSES NETTED OPERA BALL 231270 178470 52800 101427 SILENT AUCTION 64120 64120 4866 1 39281 39281 8554 334671 178470 156201 114847 114847 41354 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: -214. FORM 990, PART XI, LINE 2C NO CHANGE IN PROCESS FROM PRIOR YEAR.