2011-08-04T18:42:44-05:00 2010-06-30 LEVITZACKS 701 B STREET SUITE 1300 SAN DIEGO CA 92101 990 2009-07-01 956044429 SAN DIEGO OPERA ASSOCIATION SAND 6192327636 1200 THIRD AVE 18TH FLOOR SAN DIEGO CA 921014112 MICHAEL LOWRY 6192327636 2011-08-04 1 THERESA M DROUILLARD 6192381077 2009 2016-02-24 21:20:13Z IAN CAMPBELL 1200 THIRD AVE 18TH FLOOR SAN DIEGO CA 92101 15371513 0 X WWW.SDOPERA.COM X 1953 CA TO PRODUCE AND PRESENT OPERA AND OTHER VOCAL ARTS TO SAN DIEGO AND OTHER COMMUNITIES. 42 42 390 203 26110 -16002 9569007 7923978 7675418 5628678 327122 280879 -59541 493058 17512006 14326593 0 0 12635408 7462733 0 1757281 4848756 6775421 17484164 14238154 27842 88439 25750954 25242294 3761116 3900074 21989838 21342220 THE ORGANIZATION'S PRIMARY ACTIVITY IS TO PRODUCE AND PRESENT OPERA AND OTHER VOCAL ARTS TO SAN DIEGO AND OTHER COMMUNITIES. ITS OPERATION OF EDUCATIONAL PROGRAMS AND FACILITIES FOR CREATING SETS AND COSTUMES FOR THE THEATRE ARTS FURTHER ENRICH COMMUNITY LIFE BY PROMOTING INTEREST IN MUSIC, DRAMA AND ALLIED ARTS. 0 0 10060847 6170060 San Diego Opera produces and presents opera and other vocal arts in San Diego's downtown Civic Theatre. Operas are produced and staged completely by San Diego Opera and feature internationally renowned artists. The chorus and stage crew are drawn from the local community, and San Diego Symphony is contracted as the orchestra. San Diego Opera has a scenic studio that builds sets and costumes for many of its productions and for theatrical arts organizations and commercial trade shows around the country. As part of its mission to make opera accessible to all, San Diego Opera offers opera education programs to adults and schools, with a special emphasis on disadvantaged children. 10060847 1 1 0 0 0 0 0 0 1 1 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 1 128 0 390 1 1 1 0 0 0 0 1 1 0 0 0 0 0 42 42 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MICHAEL LOWRY 6192327636 1200 THIRD AVENUE 18TH FLOOR SAN DIEGO CA 921014112 ROBERT W BAUCHMAN 5.00 X 0 0 0 RAFFAELLA BELANICH 5.00 X 0 0 0 CAROLIN BOTZENHARDT 5.00 X 0 0 0 BAMBOS I CHARALAMBOUS 5.00 X 0 0 0 HARRY COOPER 5.00 X 0 0 0 COURTNEY ANN COYLE ESQ 5.00 X 0 0 0 STEPHEN FERRUOLO 5.00 X 0 0 0 TERESA FISCHLOWITZ 5.00 X 0 0 0 CHERYL A FISHER ESQ 5.00 X 0 0 0 JEANNE JONES 5.00 X 0 0 0 LYNDA KERR 5.00 X 0 0 0 JEFFREY LIPINSKY 5.00 X 0 0 0 ALEX LUKIANOV 5.00 X 0 0 0 FRANCES R MARSHALL 5.00 X 0 0 0 TERESA NORTON 5.00 X 0 0 0 LUIS A NUNEZ 5.00 X 0 0 0 SHEILA POTIKER 5.00 X 0 0 0 TIM RAFALOVICH 5.00 X 0 0 0 JEREMIAH B ROBINS 5.00 X 0 0 0 COLETTE CARSON ROYSTON 5.00 X 0 0 0 ELLEN SCRIPPS 5.00 X 0 0 0 KAREN SEDGWICK-TYLER 5.00 X 0 0 0 MARIA ROSA STANLEY 5.00 X 0 0 0 ANTHONY S THORNLEY 5.00 X 0 0 0 MOSES URBANO 5.00 X 0 0 0 DANITZA VILLANUEVA 5.00 X 0 0 0 RUSTI BARTELL WEISS 5.00 X 0 0 0 SHERYL WHITE 5.00 X 0 0 0 DAVID E KLEINFELD 15.00 X 0 0 0 KAREN S COHN 5.00 X 0 0 0 M FAYE WILSON 15.00 X 0 0 0 SARA LEWIS 15.00 X 0 0 0 HARRY F HIXSON JR 5.00 X 0 0 0 IAN CAMPBELL 35.00 X 339534 0 8344 ian CAMPBELL 40.00 X 339534 0 8344 JOHN SLEEPER 40.00 X 167779 0 25310 ESTHER J BURNHAM 5.00 X 0 0 0 OLIVIA FARRELL 5.00 X 0 0 0 JENNIFER GREENFIELD 5.00 X 0 0 0 ROBERT B HORSMAN 5.00 X 0 0 0 CLAIRE REISS 5.00 X 0 0 0 STACY KELLNER ROSENBERG 5.00 X 0 0 0 WILLIAM R STENSRUD 5.00 X 0 0 0 IRIS LYNN STRAUSS 15.00 X 0 0 0 PEG URVEK 5.00 X 0 0 0 ANN CAMPBELL 75.00 X 265444 0 87201 KEITH FISHER 60.00 X 176822 0 14955 RISE WALTER 40.00 X 143431 0 11980 NICOLAS REVELES 40.00 X 113812 0 7014 MICHELLE LAGRANDEUR 40.00 X 112632 0 8194 CHRISTINA LAZICH 40.00 X 110037 0 6514 JAMES FORBES 40.00 X 103300 0 12014 1872325 0 189870 10 0 1 0 EDOARDO MUELLER 1200 THIRD AVENUE 18TH FLOOR SAN DIEGO CA 92101 MUSIC CONDUCTOR 139530 1 254319 925706 6743953 468916 7923978 INTL SEASON TICKET SAL 711190 5334005 5334005 RENTAL SETS TO THEATER 711190 204857 204857 HANDLING FEES, MISC 711190 70521 70521 EDUCATION PROGRAMS 711190 19295 19295 5628678 283171 283171 317765 320057 -2292 -2292 -2292 105766 254319 180200 -74434 -74434 600740 544663 56077 29967 26110 DONATED GOODS AND SERV 711190 511415 511415 511415 14326593 6170060 26110 206445 6317872 3719188 1407527 1191157 143643 52010 48193 43440 482650 191718 181026 109906 518568 390035 75202 53331 51730 51730 2916343 2871418 42425 2500 1097218 885245 211973 171199 42066 69855 59278 66582 66582 626002 303001 247237 75764 236821 183990 42899 9932 27130 27130 178747 100926 77821 82399 82399 SETS & COSTUMES 698641 698641 THEATER RENTAL 622609 622609 14238154 10060847 2420026 1757281 526783 718163 7781637 5159113 801074 6367504 1429509 1052881 88234 587137 369071 3950517 2821763 1244869 1128754 7409687 4037579 5970258 6320995 25750954 25242294 390018 350969 3371098 3266314 0 282791 3761116 3900074 X 1231107 1264677 13085390 12884893 7673341 7192650 21989838 21342220 25750954 25242294 X 0 1 1 X 0 X 5685502 7622943 9690501 9569007 7965969 40533922 5685502 7622943 9690501 9569007 7965969 40533922 40533922 1339511 2234199 453815 327122 280879 4635526 41535 3561 2440 20985 68521 45237969 35814993 0.89600 0.87680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5099012 36929 423564 5559505 9864578 209789 -1374626 442045 8257696 0.93000 0.07000 1 0 78025 78025 1317625 461657 855968 294898 286322 8576 1967497 1804561 162936 292472 269223 23249 1128754 Investments-publicly-traded securities 1966009 F Vanguard retirement fund 84393 F Equity funds 1987177 F 4037579 Interests in split-interest agreements 761490 Beneficial interests in endowment assets held by others 5559505 6320995 Defined contribution postretirement plan obligation 205837 Deficiency in charitable gift annuity trust 76954 282791 14326593 14238154 88439 -1309345 573288 -736057 -647618 15292848 436206 530049 966255 14326593 0 14326593 14631123 392969 392969 14238154 0 14238154 Part V, Line 4: Description of Intended Use of Endowment Funds: THE INTENDED USE OF THE SAN DIEGO OPERA'S ENDOWMENT FUNDS ARE TO PROVIDE GENERAL SUPPORT. Part XI, Line 8 - Other Adjustments: CHANGE IN VALUE OF ENDOWMENT ASSETS HELD BY JCF: -1343. Change in value of endowment assets held by SDF: 69331. Change in value of perpetual trust: 355576. Charitable gift annuities: -305355. Charitable remainder trusts-change in value: 9818. Pooled income fund-change in value: 9055. Investment returns: 436206. Part XII, Line 2d - Other Adjustments: STUDENT TICKET DISCOUNT: 106485. CHANGE IN VALUE, BENEFICIAL INTEREST IN ENDOWMENT ASSETS: 423564. Part XIII, Line 2d - Other Adjustments: STUDENT TICKET DISCOUNT: 106485. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: 286484. PART V, LINE 1A, COLUMN A: PRIOR YEAR BEGINNING BALANCE 8,257,696 PRIOR PERIOD ADJUSTMENT - SDF ENDOWMENT FUND (938,336) PRIOR PERIOD ADJUSTMENT - NT PERPETUAL TRUST 579,278 PRIOR PERIOD ADJUSTMENT - JCF ENDOWMENT 78 NON-ENDOWMENT INVESTMENTS INCLUDED IN PRIOR YEAR RETURN (2,799,704) ----------- ADJUSTED BEGINNING BALANCE 5,099,012 PART XI, LINE 7: PRIOR PERIOD ADJUSTMENTS: PRIOR YEAR ASSETS WERE OVERSTATED BY THE FAIR VALUE OF SPLIT-INTEREST AGREEMENTS WHOSE ASSETS UPON TERMINATION ARE TO BE CONTRIBUTED TO A COMMUNITY FOUNDATION THAT MAINTAINS VARIANCE POWER OVER ITS ASSETS $ ( 371,009) PRIOR YEAR ASSETS WERE OVERSTATED BY THE FAIR VALUE OF ENDOWMENT ASSETS HELD BY A COMMUNITY FOUNDATION THAT MAINTAINS VARIANCE POWER OVER ITS ASSETS ( 938,336) ------------ TOTAL PRIOR PERIOD ADJUSTMENTS $(1,309,345) MEET THE STARS 12325 12325 11115 OPENING NIGHT GALA 340810 254319 86491 153645 3 6950 6950 15441 360085 254319 105766 180201 180201 -74435 X 1 1 X X X 0 1 0 0 0 0 0 0 0 IAN CAMPBELL 211247 0 0 0 128287 0 0 0 8344 0 347878 0 0 0 ian CAMPBELL 211247 0 0 0 128287 0 0 0 8344 0 347878 0 0 0 JOHN SLEEPER 167779 0 0 0 0 0 0 0 25310 0 193089 0 0 0 ANN CAMPBELL 262726 0 0 0 2718 0 56103 0 31098 0 352645 0 0 0 KEITH FISHER 176822 0 0 0 0 0 0 0 14955 0 191777 0 0 0 RISE WALTER 143431 0 0 0 0 0 0 0 11980 0 155411 0 0 0 Part I, Line 1a Part I, Line 4b: THE ORGANIZATION HAS FUNDED A SPECIAL RETIREMENT PLAN FOR ITS GENERAL DIRECTOR. DURING THE YEAR, THE CONTRIBUTION MADE WAS $142,000. THE ORGANIZATION ALSO FUNDED $56,103 INTO A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR THE BENEFIT OF ITS DIRECTOR OF STRATEGIC PLANNING. X 19 468916 MARKET VALUE 0 1 0 Form 990, Part VI, Section A, line 2 THE ORGANIZATION'S GENERAL AND ARTISTIC DIRECTOR (AN OFFICER) AND ITS DIRECTOR OF STRATEGIC PLANNING (A KEY EMPLOYEE) HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Section A, line 6 MEMBERS ARE COMPRISED OF DONORS WHO HAVE MADE A DONATION TO THE ORGANIZATION WITHIN THE ORGANIZATION'S TAX YEAR. Form 990, Part VI, Section A, line 7a MEMBERS ELECT THE GOVERNING BOARD OF DIRECTORS AT THE ANNUAL MEETING IN JUNE OF EACH YEAR. Form 990, Part VI, Section B, line 11 IN MAY 2011, THE AUDIT COMMITTEE REVIEWED THIS FORM 990 FOR CONSISTENCY OF THE FINANCIAL DATA WITH THE AUDITED FINANCIAL STATEMENTS, AS WELL AS FOR OVERALL ACCURACY AND COMPLETENESS. IN MAY 2011, THE EXECUTIVE COMMITTEE REVIEWED THE PREPARED RETURN FOR ACCURACY AND COMPLETENESS BEFORE APPROVING THE RETURN SO THAT IT COULD BE TIMELY FILED. A COPY OF THE FORM 990 IS PROVIDED VIA E-MAIL TO EACH BOARD MEMBER. Form 990, Part VI, Section B, line 12c IN ACCORANCE WITH THE RULES OF GOVERNANCE, BOARD MEMBERS SHALL DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE GENERAL DIRECTOR, PRESIDENT, OR EXECUTIVE COMMITTEE MEMBER. THE ORGANIZATION'S EMPLOYEE HANDBOOK CONTAINS CONFLICT OF INTEREST POLICIES RELATIVE TO OUTSIDE EMPLOYMENT, COMMUNITY INVOLVEMENT, FINANCIAL INTEREST IN OTHER BUSINESS, AND SOLICITATION OF GIFTS. Form 990, Part VI, Section B, line 15 IN JUNE 2009, THE GENERAL DIRECTOR RECOMMENDED TO THE COMPENSATION COMMITTEE THAT NO COMPENSATION CHANGES BE MADE. THE LAST COMPENSATION REVIEW WAS UNDERTAKEN IN JUNE 2009 FOR THE GENERAL AND ARTISTIC DIRECTOR AND THE DIRECTOR OF STRATEGIC PLANNING. REVIEW AND APPROVAL OF THE COMPENSATION WAS BASED ON COMPARABILITY DATA (OBTAINED FROM FORM 990S AND THE PROFESSIONAL OPERA SURVEY). THE COMPENSATION COMMITTEE'S DECISION WAS CONTEMPORANEOUSLY DOCUMENTED VIA ELECTRONIC MAIL. ANNUALLY, THE GENERAL DIRECTOR DISCUSSES WITH THE COMPENSATION COMMITTEE HIS PROPOSED COMPENSATION CHANGES FOR DEPARTMENT HEADS (WHICH ENCOMPASSES THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND KEY EMPLOYEES) AND SOLICITS THE COMMITTEE MEMBERS' RECOMMENDATIONS. Form 990, Part VI, Section C, line 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO THE GENERAL PUBLIC BY ELECTRONIC OR POSTAL MAIL UPON REQUEST.