2024-05-15T17:59:29-05:00 2023-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVENUE SUITE 600 DENVER CO 802372579 990 2022-07-01 840850527 OPERA COLORADO OPER 3037781500 4121 S NAVAJO ST STE 100 ENGLEWOOD CO 80110 GREG CARPENTER GENERAL AND ARTISTIC DIRECTOR 3037781500 2024-05-14 1 GREG CARPENTER 999009999 1 DORI J EGGETT P00645252 3037409400 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GREG CARPENTER 4121 S NAVAJO ST STE 100 ENGLEWOOD CO 80110 5973716 0 X WWW.OPERACOLORADO.ORG X 1981 CO SEE SCHEDULE O 31 31 348 70 0 0 4115369 3642046 2309166 2216026 8445 14375 -103786 -321278 6329194 5551169 0 0 0 0 3922135 4381226 0 0 490932 2469731 2736333 6391866 7117559 -62672 -1566390 4277559 3152693 1710126 2159170 2567433 993523 OPERA COLORADO'S MISSION IS TO CONNECT OUR COLORADO COMMUNITY TO THE EMOTIONS AND STORIES OF THE WORLD THROUGH TRADITIONAL AND INNOVATIVE OPERA AND EDUCATIONAL PROGRAMMING THAT IS ACCESSIBLE TO ALL. 0 0 3874192 1941737 OPERA COLORADO PRODUCES THREE FULLY STAGED GRAND OPERAS AT THE ELLIE CAULKINS OPERA HOUSE FOR AUDIENCES IN GREATER DENVER AND THE ROCKY MOUNTAIN REGION AT LARGE. THIS PROGRAM SERVES OVER 20,000 PATRONS PER YEAR. 1466817 274289 OPERA COLORADO ANNUALLY SERVER OVER 40,000 STUDENTS OF ALL AGES THROUGH EDUCATION AND COMMUNITY ENGAGEMNT PROGRAMS IN GREATER DENVER AND THE ROCKY MOUNTAIN REGION AT LARGE. A MAJOR PIECE OF THE COMPANY'S EDUCATION PROGRAM IS ITS ARTIST IN RESIDENCE PROGRAM. THIS PROGRAM FOCUSES ON DEVELOPING EMERGING ARTISTS THROUGH AN EIGHT-MONTH RESIDENCY WHERE ARTISTS RECEIVE TRAINING AND PERFORMANCE OPPORTUNITIES IN OTHER EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMMING AND MAINSTAGE PERFORMANCES. 5341009 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 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 1 0 0 0 1 107 0 1 348 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TOM KIRKPATRICK 3037781500 4121 S NAVAJO ST STE 100 ENGLEWOOD CO 80110 GREGORY CARPENTER GENERAL & ARTISTIC DIRECTO 40.00 X X 216015 0 17634 TOM KIRKPATRICK CFO 40.00 X X 110000 0 18485 ELIZABETH CASWELL DYER CHAIR 5.00 X X 0 0 0 ELEANOR N CAULKINS LIFETIME HON. CHAIR 5.00 X 0 0 0 KEVIN O'CONNOR CHAIRMAN EMERITUS 5.00 X X 0 0 0 MARCIA ROBINSON PRESIDENT 5.00 X X 0 0 0 CHEVIS HORNE VICE PRESIDENT 5.00 X X 0 0 0 MICHAEL BOCK VICE PRESIDENT 5.00 X X 0 0 0 RICHARD F KOSEFF SECRETARY 5.00 X X 0 0 0 JAMES LINFIELD TREASURER 5.00 X X 0 0 0 JEFF BALDWIN DIRECTOR 5.00 X 0 0 0 EDWARD BALKIN DIRECTOR 5.00 X 0 0 0 MARIA GACIA BERRY DIRECTOR 5.00 X 0 0 0 MARK BUSSEY DIRECTOR 5.00 X 0 0 0 DR LAURENCE K CHAN DIRECTOR 5.00 X 0 0 0 ALAN COOPER MD DIRECTOR 5.00 X 0 0 0 JOSEPH FOGLIANO DIRECTOR 5.00 X 0 0 0 RICHARD GARVIN DIRECTOR 5.00 X 0 0 0 DON HINDMAN DIRECTOR 5.00 X 0 0 0 KELLY ANN HODGES DIRECTOR 5.00 X 0 0 0 HON KENNETH LAFF DIRECTOR 5.00 X 0 0 0 JUDY LASPADA DIRECTOR 5.00 X 0 0 0 WILLIAM MANIATIS MD DIRECTOR 5.00 X 0 0 0 MAJ KONSTANTINOS G MANIATIS DIRECTOR 5.00 X 0 0 0 VIVIAN MURCIANO DIRECTOR 5.00 X 0 0 0 JON J OLAFSON DIRECTOR 5.00 X 0 0 0 RON OTSUKA DIRECTOR 5.00 X 0 0 0 PREM S SUBRAMANIAN MD PHD DIRECTOR 5.00 X 0 0 0 VALERIE M WASSILL MD DIRECTOR 5.00 X 0 0 0 DAN G WELCH DIRECTOR 5.00 X 0 0 0 DIANE K WENGLER DIRECTOR 5.00 X 0 0 0 ROBIN YEAGER DIRECTOR 5.00 X 0 0 0 LARRY ZIMMER DIRECTOR 5.00 X 0 0 0 ARI PELTO MUSIC DIRECTOR 40.00 X 174227 0 20021 ERIN WENZEL DEVELOPMENT DIRECTOR 40.00 X 124325 0 13884 JENNIFER COLGAN DIRECTOR OF MARKETING 40.00 X 108898 0 11695 733465 0 81719 4 0 1 0 0 890420 246253 585683 1919690 223859 3642046 TICKET SALES 711190 2165443 2165443 EDUCATION 711190 50583 50583 2216026 14807 14807 16350 0 16350 16350 16350 432 -432 -432 -432 70800 890420 422115 -351315 -351315 MISCELLANEOUS INCOME 812900 13687 13687 13687 5551169 2246063 0 -336940 337471 271053 53571 12847 3515462 2823579 558053 133830 33331 26771 5291 1269 251616 202095 39942 9579 243346 195453 38629 9264 38775 38775 96413 54386 21052 20975 318592 122956 191181 4455 308614 276221 10248 22145 51246 28907 11190 11149 295289 208676 35391 51222 393469 381237 5942 6290 15268 15268 145753 65589 30608 49556 35762 35762 RENTAL FEES 511353 509265 2088 EVENTS 129171 49996 9611 69564 INTELLECTUAL PROPERTY 125514 79487 17574 28453 RESEARCH AND TRAINING 60736 32961 10605 17170 210378 12377 156925 41076 7117559 5341009 1285618 490932 439032 139302 543989 94158 1265514 1112411 19139 3802 391484 140756 1901270 975641 745967 925629 856628 213735 15806 522900 4277559 3152693 249348 240735 896438 907758 564340 1010677 1710126 2159170 X 105835 125767 2461598 867756 2567433 993523 4277559 3152693 -1566390 -7520 0 X 0 1 X 1 0 X 3375206 3299932 3576292 3763400 3220878 17235708 256978 304403 312170 376669 421168 1671388 3632184 3604335 3888462 4140069 3642046 18907096 2273217 16633879 65 166 281 13078 14807 28397 1100 1100 13687 44145 -3200 1429 30037 86098 19022691 7064813 0.87440 0.87420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 13,687. 2019 AMOUNT: $ 44,145. 2020 AMOUNT: $ -3,200. 2021 AMOUNT: $ 1,429. 2022 AMOUNT: $ 30,037. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6626627 6626627 481331 120333 0 0 320845 263229 446272 481331 1511677 2267516 80211 65807 111568 120333 377919 566879 1182021 5000000 513651 266000 87341 6342331 1280400 9353 84827 22905 1182021 935407 26455 350130 11990 19602 1280400 1251085 1635 300000 17313 935407 1225751 48413 5667 17412 1251085 1.00000 0 1 1 425224 235813 189411 1324381 674333 650048 151665 65495 86170 925629 DEPOSITS 20020 ROU OPERATING ASSET 497317 FINANCE LEASE ASSET 5563 522900 NOTE PAYABLE 278747 LEASE LIABILITY 731930 1010677 5507973 -7520 5400 -2120 5510093 41076 41076 5551169 7081883 5400 5400 7076483 41076 41076 7117559 PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS 41,076. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS 41,076. PART V, LINE 4 THE OPERA COLORADO FOUNDATION, A COLORADO NOT-FOR-PROFIT ORGANIZATION, WAS INCORPORATED IN 1994 FOR THE PURPOSE OF SUPPORTING THE ACTIVITIES OF THE OPERA. ANNUAL GALA 961220 890420 70800 34150 19405 137094 73095 158371 961220 890420 70800 34150 19405 137094 73095 158371 422115 -351315 X X 0 0 0 0 0 0 0 1 0 GREGORY CARPENTER GENERAL & ARTISTIC DIRECTO 180840 0 35175 0 0 0 8723 0 8911 0 233649 0 0 0 ARI PELTO MUSIC DIRECTOR 174227 0 0 0 0 0 2648 0 17373 0 194248 0 0 0 PART I, LINE 3 THE TOTAL COMPENSATION, BENEFITS, AND TAXES OF ALL EMPLOYEES ARE REVIEWED AND APPROVED ANNUALLY BY THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE, AND BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS. THE GENERAL DIRECTOR'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND HIS/HER PERFORMANCE IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. THE GENERAL DIRECTOR'S COMPENSATION IS SET USING A BENCHMARK ANALYSIS TO OTHER NON-PROFIT ORGANIZATIONS AND OPERA COMPANIES SIMILAR IN SIZE FOR THIS POSITION. THE GENERAL DIRECTOR'S COMPENSATION IS CONTRACTUAL AND IS USUALLY SET FOR A PERIOD OF AT LEAST 3 YEARS. OTHER KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE GENERAL DIRECTOR AS PART OF THE BUDGETING PROCESS AND IS SET USING A BENCHMARK ANALYSIS TO OTHER NON-PROFIT ORGANIZATIONS AND OPERA COMPANIES OF SIMILAR SIZE AND DETERMINED BY EMPLOYEE JOB DUTIES ANE EXPERIENCE. EACH EMPLOYEE IS GIVEN AN ANNUAL PERFORMANCE REVIEW AT THE CONCLUSION OF THE FISCAL YEAR AND ANY CHANGES IN COMPENSATION ARE MADE AT THIS TIME. PART I, LINE 7 THE EXECUTIVE COMMITTEE OF OPERA COLORADO DETERMINED AND APPROVED THE YEAR-END BONUS FOR THE ARTISTIC DIRECTOR. X 10 191109 MARKET VALUE X MISCELLANEOUS 4 32750 MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 AND VOTES TO RECOMMEND APPROVAL BY THE FULL BOARD OF DIRECTORS. UPON APPROVAL THE FINANCE COMMITTEE MAKES FORM 990 AVAILABLE TO ALL BOARD MEMBERS OR EMPLOYEES TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C OPERA COLORADO SENDS A CONFLICT OF INTEREST POLICY AND STATEMENT OF ACKNOWLEDGMENT TO ALL BOARD MEMBERS PRIOR TO THE ANNUAL MEETING. SIGNED FORMS ARE COLLECTED AT THE ANNUAL MEETING AND OPERA COLORADO FOLLOWS UP WITH ANY ABSENT BOARD MEMBERS TO COLLECT THE ACKNOWLEDGMENT FORM. CONFLICT OF INTEREST POLICIES AND STATEMENTS OF ACKNOWLEDGMENT ARE ALSO DISTRIBUTED TO AND COLLECTED FROM OFFICERS AND KEY EMPLOYEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE TOTAL COMPENSATION, BENEFITS, AND TAXES OF ALL EMPLOYEES ARE REVIEWED AND APPROVED ANNUALLY BY THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE, AND BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS. THE GENERAL DIRECTOR'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND HIS/HER PERFORMANCE IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. THE GENERAL DIRECTOR'S COMPENSATION IS SET USING A BENCHMARK ANALYSIS TO OTHER NON-PROFIT ORGANIZATIONS AND OPERA COMPANIES SIMILAR IN SIZE FOR THIS POSITION. THE GENERAL DIRECTOR'S COMPENSATION IS CONTRACTUAL AND IS USUALLY SET FOR A PERIOD OF AT LEAST 3 YEARS. OTHER KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE GENERAL DIRECTOR AS PART OF THE BUDGETING PROCESS AND IS SET USING A BENCHMARK ANALYSIS TO OTHER NON-PROFIT ORGANIZATIONS AND OPERA COMPANIES OF SIMILAR SIZE AND DETERMINED BY EMPLOYEE JOB DUTIES AND EXPERIENCE. EACH EMPLOYEE IS GIVEN AN ANNUAL PERFORMANCE REVIEW AT THE CONCLUSION OF THE FISCAL YEAR AND ANY CHANGES IN COMPENSATION ARE MADE AT THIS TIME. FORM 990, PART VI, SECTION C, LINE 19 OPERA COLORADO'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT THE OPERA COLORADO OFFICE. OPERA COLORADO FOUNDATION 4121 S NAVAJO ST STE 100 ENGLEWOOD CO 80110 841297161 INVESTMENT OF ENDOWED FUNDS CO 501(C)(3) LINE 12A, I 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OPERA COLORADO FOUNDATION C 246253 FMV