2024-03-14T18:38:17-05:00 2023-05-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2022-06-01 990197758 HAWAII OPERA THEATRE HAWA 8085967372 848 SOUTH BERETANIA STREET 301 HONOLULU HI 96813 ANDREW MORGAN GENERAL DIRECTOR 8085967372 2024-03-14 1 ANDREW MORGAN 999009999 0 RODNEY M HARANO P00389596 8085311040 2024-03-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREW MORGAN 848 SOUTH BERETANIA STREET 301 HONOLULU HI 96813 5326877 0 X WWW.HAWAIIOPERA.ORG X 1980 HI PRESENT OPERA PERFORMANCES AND EDUCATION PROGRAMS THAT IMPROVE LIVES THROUGH OPERA. 33 33 82 160 1648 0 2069742 3001928 436388 406892 96792 189189 336954 218804 2939876 3816813 0 0 0 0 1227154 1652801 0 0 464136 1668828 2033801 2895982 3686602 43894 130211 9881133 9498429 4029520 3870701 5851613 5627728 X TO USE SOUND BUSINESS PRACTICE TO PRESENT A BROAD SPECTRUM OF WORLD-CLASS OPERA AND MUSIC-THEATRE, AS WELL AS A WIDE RANGE OF EDUCATIONAL AND ARTISTIC OPPORTUNITIES, TO THE WHOLE STATE OF HAWAII. 0 0 2412529 379034 OPERA PERFORMANCES: HOT'S 2022-2023 SEASON INCLUDED THREE MAINSTAGE PRODUCTIONS AT THE BLAISDELL CONCERT HALL INCLUDING "THE SECRET GARDEN" BY NOLAN GASSER AND CAREY HARRISON (OCTOBER 2022); DONIZETTI'S "THE ELIXIR OF LOVE" (FEBRUARY 2023) PERFORMED IN ENGLISH AND SET IN HAWAII IN A NEW PRODUCTION CREATED BY HOT; AND PUCCINI'S SOLE COMIC OPERA, "GIANNI SCHICCHI" (APRIL 2023). FOR THE FIRST FULL SEASON IN HOT'S INTIMATE STUDIO 101 SPACE, THE COMPANY PRESENTED SIX ECLECTIC PROGRAMS THAT BLENDED OPERA, ART SONG, VOCAL JAZZ AND TRADITIONAL HAWAIIAN MUSIC, FOCUSING ON LOCAL TALENT IN ONE-HOUR PERFORMANCES IN A CABARET-LIKE SETTING. 456159 29338 EDUCATION PROGRAMS:HOT'S EDUCATION DEPARTMENT REACHED OVER 15,000 STUDENTS, TEACHERS, AND PARENTS ACROSS THE STATE OF HAWAII. PROGRAMMING INCLUDED HOT'S OPERA EXPRESS TOURING SHOW, A FAMILY-FRIENDLY PRODUCTION OF GILBERT & SULLIVAN'S "THE PIRATES OF PENZANCE", THAT TRAVELLED ACROSS OAHU, MAUI, AND KAUAI. HOT'S RESIDENCY PROGRAM WENT TO FOUR SCHOOLS, ALL OF WHICH ARE CLASSIFIED AS TITLE 1, TO CREATE ORIGINAL OPERAS WRITTEN BY STUDENTS; ALL RESIDENCIES CULMINATED IN PERFORMANCES BEFORE THE ENTIRE SCHOOL OF STUDENTS, TEACHERS AND PARENTS. OPERA FOR EVERYONE, A PROGRAM THAT INVITES STUDENTS AND TEACHERS TO THE FINAL DRESS REHEARSAL OF EACH MAINSTAGE PRODUCTION, COMPLETE WITH ORCHESTRA, SETS, AND COSTUMES, SERVED OVER 1,200 DURING THE SEASON. IN A COLLABORATION WITH HAWAII YOUTH OPERA CHORUS, HOT'S EDUCATION TEAM ALSO PRODUCED AN ADAPTATION OF MOZART'S "THE MAGIC FLUTE." THIS PRODUCTION WAS THE CULMINATION OF OPERATUNITIES, A SUMMER PROGRAM CREATED BY HYOC WITH HOT TO TEACH THEATRE SKILLS TO A NEW GENERATION OF PERFORMERS.HOT'S ORVIS OPERA STUDIO AND ORVIS YOUNG VOICES PROGRAMS PROVIDE FREE, YEAR-ROUND WORKSHOPS AND MASTER CLASSES WITH LOCAL AND VISITING ARTISTS TO ADULT AND HIGH-SCHOOL-LEVEL SINGERS WHO WANT TO EXPAND THEIR SKILLS IN PRESENTATION, DICTION, STAGE COMBAT, AND VOCAL TECHNIQUES. BOTH PROGRAMS PROVIDE ACCESS TO MAINSTAGE EXPERIENCE IN THE HOT CHORUS AS WELL AS MINOR SOLO OPPORTUNITIES, IN ADDITION TO GROUP RECITALS TWICE A YEAR. 2868688 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 87 0 82 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X X X ANDREW MORGAN 8085967372 848 SOUTH BERETANIA STREET SUITE HONOLULU HI 96813 STEVEN PRIETO PRESIDENT 10.00 X X 0 0 0 ANDREA ZANNONI VICE PRESIDENT 3.00 X X 0 0 0 MARRIE SCHAEFER SECRETARY 3.00 X X 0 0 0 LINDA C NELSON TREASURER 3.00 X X 0 0 0 JOHN L KNOREK CO-COUNSEL 3.00 X X 0 0 0 JAMES H MCCOY PRESIDENT EMERITUS 1.00 X X 0 0 0 LINN SOL ALBER DIRECTOR 1.00 X 0 0 0 JOE BOCK DIRECTOR 1.00 X 0 0 0 FRANCES PATSY B BUNN DIRECTOR 1.00 X 0 0 0 PAMELA ANDELIN CAMERON DIRECTOR 1.00 X 0 0 0 JULIA FROHLICH CHERRY DIRECTOR 1.00 X 0 0 0 MARILYN LYN B CLARKIN DIRECTOR 1.00 X 0 0 0 SUZANNE B ENGEL DIRECTOR 1.00 X 0 0 0 KEITH KALWAY DIRECTOR 1.00 X 0 0 0 DAVID FRANKLIN DIRECTOR 1.00 X 0 0 0 DAVID A KELIIKULI DIRECTOR 1.00 X 0 0 0 RALPH KIESSLING DIRECTOR 1.00 X 0 0 0 FLORIA LORI KOMER DIRECTOR 1.00 X 0 0 0 BEVERLY KRAVITT DIRECTOR 1.00 X 0 0 0 JASON KRAVITT DIRECTOR 1.00 X 0 0 0 JAMES T LEAVITT ESQ DIRECTOR 1.00 X 0 0 0 DORETTE PS LUKE DIRECTOR 1.00 X 0 0 0 LUANNA MCKENNEY DIRECTOR 1.00 X 0 0 0 DANIEL NISHIKAWA DIRECTOR 1.00 X 0 0 0 SARAH M RICHARDS DIRECTOR 1.00 X 0 0 0 JEAN E ROLLES DIRECTOR 1.00 X 0 0 0 AARON J SALA DIRECTOR 1.00 X 0 0 0 JULI SHAINDLIN DIRECTOR 1.00 X 0 0 0 DAVID Y TAKAGI DIRECTOR 1.00 X 0 0 0 STEPHEN H TURNER DIRECTOR 1.00 X 0 0 0 CURTIS M THOMPSON MD DIRECTOR 1.00 X 0 0 0 MAGGIE S WALKER DIRECTOR 1.00 X 0 0 0 CAROLYN A BERRY WILSON DIRECTOR 1.00 X 0 0 0 LEIGHTON YUEN DIRECTOR 1.00 X 0 0 0 ROBERT B BUNN FORMER CO-COUNSEL 1.00 X X 0 0 0 ANDREW MORGAN GENERAL DIRECTOR 60.00 X 178333 0 7765 178333 0 7765 1 0 1 0 HAWAII SYMPHONY ORCHESTRA 3610 WAIALAE AVENUE HONOLULU HI 96816 ORCHESTRAL SERVICES 243227 1 409348 100000 2492580 3001928 TICKET SALES 711110 377554 377554 EDUCATIONAL PROGRAMS 611600 29338 29338 406892 188176 188176 621528 1500 420352 0 201176 1500 202676 202676 889687 888674 1013 1013 1013 214038 409348 201038 13000 13000 ARIA NEWS ADVERTISING 900099 1648 1648 REIMBURSEMENTS 900099 1105 1105 OTHER REVENUE 900099 375 375 3128 3816813 408372 1648 404865 207147 87220 32707 87220 1142256 898909 119003 124344 44296 32742 4899 6655 124446 95795 13198 15453 134656 104174 14203 16279 29876 29876 17059 17059 33057 33057 47737 16548 27512 3677 65580 55494 8405 1681 66105 26272 13561 26272 56112 28056 28056 480562 425178 4774 50610 44490 43790 700 81371 58539 13062 9770 26482 18530 959 6993 34578 21227 5402 7949 PRODUCTION EXPENSE 863372 851283 10074 2015 EDUCATION PROGRAMS 75076 75076 FUNDRAISING 59859 59859 MISCELLANEOUS EXPENSES 43512 25817 4430 13265 8973 4038 897 4038 3686602 2868688 353778 464136 226940 268178 1275972 1180188 151429 17799 327722 215718 100017 129264 2654011 1710519 1021836 943492 6777217 6521559 0 222231 9881133 9498429 197574 231435 408744 67665 3423202 3346565 0 225036 4029520 3870701 X -3266372 -3077485 9117985 8705213 5851613 5627728 9881133 9498429 130211 -354096 0 X X 0 1 X 1 0 X 2349632 1724983 1411460 1657305 1970303 9113683 2349632 1724983 1411460 1657305 1970303 9113683 695627 8418056 542884 1021900 731762 720412 811204 3828162 -2461 0 -2461 3120 7663 7135 1480 19398 12958782 2834724 0.64960 0.63350 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 3,120. 2020 AMOUNT: $ 7,663. 2021 AMOUNT: $ 2,277. 2022 AMOUNT: $ 375. REIMBURSEMENTS - 2021 AMOUNT: $ 4,858. 2022 AMOUNT: $ 1,105. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: BEQUEST DATE: 05/27/22 AMOUNT: 106477. DESCRIPTION: BEQUEST DATE: 10/31/21 AMOUNT: 305960. DESCRIPTION: BEQUEST DATE: 03/17/23 AMOUNT: 770561. DESCRIPTION: BEQUEST DATE: 04/03/23 AMOUNT: 261064. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7124498 -9601 7114897 7131498 -7000 7124498 7129679 1819 7131498 7121951 7728 7129679 7146451 -24500 7121951 1.00000 0 0 461000 461000 1780698 1307504 473194 412313 403015 9298 943492 OPERATING LEASE LIABITIES 225036 225036 X 4343929 -354097 14639 62879 -276579 4620508 33057 -836752 -803695 3816813 4155042 14639 486858 501497 3653545 33057 33057 3686602 PART V, LINE 4: THE THEATRE HAS A SPENDING POLICY ALLOWING FOR THE APPROPRIATION OF 3% (BEGINNING IN THE YEAR ENDED MAY 31, 2020) OF THE ROLLING 12 QUARTERS' AVERAGE BALANCE OF THE ENDOWMENT, OR SUCH OTHER AMOUNT AS CONSIDERED NECESSARY BY THE BOARD OF DIRECTORS. NET RENTAL INCOME EARNED FROM THE HAWAII OPERA PLAZA ENDOWMENT IS EXPENDED CURRENTLY IN SUPPORT OF OPERATIONS. PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT EVALUATED HOT'S AND HOP'S TAX POSITIONS AS OF MAY 31, 2023 AND 2022 AND FOR THE YEARS THEN ENDED, AND DETERMINED THAT HOT AND HOP HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. HOT AND HOP ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTERFUND INTEREST INCOME 62,879. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -3,626. RENTAL OPERATIONS EXPENSES -420,353. INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS -412,773. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 3,626. RENTAL OPERATIONS EXPENSES 420,353. INTERFUND INTEREST EXPENSES 62,879. OPERA BALL & SILENT AUCTION 558546 409348 149198 197412 ACT II 64840 64840 3626 623386 409348 214038 201038 201038 13000 X X X X X 0 0 0 0 0 0 0 0 0 ANDREW MORGAN GENERAL DIRECTOR 153333 0 25000 0 0 0 0 0 7765 0 186098 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT B. BUNN, CO-COUNSEL AND DIRECTOR, AND PATSY B. BUNN, DIRECTOR, HAVE A FAMILY RELATIONSHIP. BEVERLY KRAVITT, DIRECTOR, AND JASON KRAVITT, DIRECTOR, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHICH ELECT NEW BOARD DIRECTORS AT THE ANNUAL MEETING VIA PERSONAL ATTENDANCE. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS EXPLAIN THE PROCESS BY WHICH MEMBERS CAN ELECT OR REMOVE BOARD DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 HAS BEEN PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM, BOTH MANAGEMENT AND THE BOARD TREASURER REVIEWED THIS FORM 990. IT THEN WAS SENT TO THE BOARD OF DIRECTORS FOR ITS 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. ANY SUCH PERSON WILL THEN BE EXCUSED FROM TAKING ANY FURTHER ACTION RELATED TO THE POTENTIAL CONFLICT UNLESS THE BOARD OF DIRECTORS, AFTER FULL DISCLOSURE, FINDS THAT THERE IS NO MATERIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE GENERAL DIRECTOR IS REVIEWED BY THE EXECUTIVE EVALUATION COMMITTEE USING COMPARABILITY DATA FROM OTHER OPERA AND PERFORMING ARTS COMPANIES SIMILAR IN SIZE AND COMPLEXITY. THIS PROCESS IS DOCUMENTED IN THE PERSONNEL FILE AND/OR MEETING MINUTES. THIS EVALUATION PROCESS IS DONE ANNUALLY, AND THE COMMITTEE RECOMMENDATIONS ARE PRESENTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE HOT WEBSITE AT HAWAIIOPERA.ORG. THE FORM 990 IS ALSO AVAILABLE ON THE WEBSITES OF THE STATE OF HAWAII TAX & CHARITIES DIVISION, GUIDESTAR AND CHARITY NAVIGATOR. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE ALSO AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGE IN PROCESS FROM PRIOR YEAR. HAWAI'I OPERA PLAZA LLC 848 S BERETANIA ST SUITE 301 HONOLULU HI 96813 990197758 COMMERICAL RENTAL PROPERTY HI 621528 1198701 HAWAII OPERA THEATRE