2023-11-10T10:38:15-06:00 2023-06-30 390974031 WEGNER CPAS LLP 2921 LANDMARK PLACE SUITE 300 MADISON WI 537133074 990 2022-07-01 391098132 FLORENTINE OPERA COMPANY INC FLOR 4142915700 205 WEST HIGHLAND AVE 201 MILWAUKEE WI 532031114 MAGGEY OPLINGER GENERAL DIRECTOR AND CEO 4142915700 2023-11-09 1 MAGGEY OPLINGER 999009999 1 JENNY TARKOWSKI CPA P00634290 6082744020 2023-11-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MAGGEY OPLINGER 205 WEST HIGHLAND AVE 201 MILWAUKEE WI 532031114 3298195 0 X WWW.FLORENTINEOPERA.ORG X 1968 WI THE FLORENTINE OPERA COMPANY IS DRIVEN TO PRODUCE THE FULL RANGE OF OPERATIC WORKS REFLECTING THE HIGHEST MUSICAL AND THEATRICAL STANDARDS, AND TO SUPPORT COMMUNITY AND EDUCATION PROGRAMS THAT FOSTER THE CURRENT AND NEXT GENERATION OF OPERA AUDIENCES AND PRACTITIONERS. 22 22 118 22 0 0 5048566 2362996 225675 308996 152696 196160 30589 -26076 5457526 2842076 0 0 0 0 1736414 1672078 0 0 203397 1053518 1203252 2789932 2875330 2667594 -33254 7598617 8307289 321286 765756 7277331 7541533 THE FLORENTINE OPERA COMPANY IS DRIVEN TO PRODUCE THE FULL RANGE OF OPERATIC WORKS REFLECTING THE HIGHEST MUSICAL AND THEATRICAL STANDARDS, AND TO SUPPORT COMMUNITY AND EDUCATION PROGRAMS THAT FOSTER THE CURRENT AND NEXT GENERATION OF OPERA AUDIENCES AND PRACTITIONERS. 0 0 1985623 0 268419 OPERA CONTINUES TO BE A DRAMATIC, IMMERSIVE EXPERIENCE, AND THEREFORE HOLDS SO MANY PARALLELS TO THE RAPIDLY CHANGING LIVES WERE UNDERGOING, AS A COMPANY AND AS INDIVIDUALS. IN AN ERA THAT CALLS FOR RAPID CHANGE AND ADAPTATION, WE ARE PROUD OF WHAT WE HAVE ACCOMPLISHED. THE ARTISTIC AND COMMUNITY TOUCHPOINTS THAT REPRESENT FISCAL 2022 RANGE FROM COMPANY PREMIERES TO SCHOOL CHILDREN DEBUTS. WE FOUND SOLUTIONS TO CHALLENGES THAT AT TIMES FELT IMPOSSIBLE. OUR ABILITY TO MAP NEW PATHS, TO RESPONSIBLY STEWARD OUR BUDGET, AND TO BRING THE FULL OPERA EXPERIENCE TO MILWAUKEE CAN ONLY GROW AS WE MOVE FORWARD WITH EVERYTHING WE HAVE LEARNED IN THE PAST SEASONS. THE MAGIC OF RAVEL'S GARDEN SCENE COMPLETE WITH FROG DANCE AND THE THRILLING PIANISSIMO OF JESSICA JONES' GILDA IN RIGOLETTO WILL STAY WITH THE FLORENTINE FOR A LONG TIME. 326511 0 40577 THE FLORENTINE OPERA COMPANY'S PROGRAMS REACH A BROAD SPECTRUM OF INDIVIDUALS THROUGHOUT METRO MILWAUKEE, SOUTHEASTERN WISCONSIN, AND BEYOND. LAST YEAR, OUR EDUCATIONAL TOUR WAS OFFERED IN A DIGITAL FORMAT AN REACHED OVER 20,000 HOUSEHOLDS. THE COMPANY PROVIDES A VITAL ADDITION TO LOCAL ARTS EDUCATION--BOTH IN THE CLASSROOM AND ON THE STAGE. THE FLORENTINE OPERA COMPANY'S EDUCATION DEPARTMENT IS COMMITTED TO PROVIDING EDUCATORS WITH OPPORTUNITIES TO UTILIZE OPERA TO MEET EDUCATIONAL STANDARDS, AS WELL AS TO ENHANCE LEARNING FOR ALL STUDENTS. 2312134 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 93 0 118 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X X MAGGEY OPLINGER 4142915700 205 WEST HIGHLAND AVE STE 201 MILWAUKEE WI 532031114 CATHERINE COSTANTINI PRESIDENT 2.00 X X 0 0 0 DR PETER DRESCHER PAST PRESIDENT 2.00 X X 0 0 0 DR DAVID PARIS PRESIDENT ELECT 2.00 X X 0 0 0 JAN WADE VP OF FINANCE & TREASURER 2.00 X X 0 0 0 WENDY BURKE VP OF HUMAN RESOURCES 2.00 X X 0 0 0 RAECHELL THUOT VP OF MARKETING & AUDIENCE DEV. 2.00 X X 0 0 0 CLAIRE HACKMANN VP OF DEVELOPMENT 2.00 X X 0 0 0 MARK CAMELI CO-CHAIR EDI/GOVERNANCE 2.00 X X 0 0 0 LASHONDA HILL CO-CHAIR EDI/GOVERNANCE 2.00 X X 0 0 0 ADAM ARNDT CO-CHAIR EDI/GOVERNANCE 2.00 X X 0 0 0 JULIE STEINHAFEL VP OF EDUCATION AND COMM. ENG. 2.00 X X 0 0 0 MARK BERRY VP OF GOVERNANCE 2.00 X X 0 0 0 WAYNE LUEDERS SECRETARY 2.00 X X 0 0 0 TARA ARGALL DIRECTOR 1.00 X 0 0 0 DR RICHARD GRUNKE DIRECTOR 1.00 X 0 0 0 DR GERARDO CABALLERO DIRECTOR 1.00 X 0 0 0 SARAH DAMSGAARD DIRECTOR 1.00 X 0 0 0 RONALD JACQUART DIRECTOR 1.00 X 0 0 0 ROBERT SOBCZAK DIRECTOR 1.00 X 0 0 0 MARION GOTTSCHALK DIRECTOR 1.00 X 0 0 0 MEGAN SHEFFER-CZUTA DIRECTOR 1.00 X 0 0 0 MARIA VENTO DIRECTOR 1.00 X 0 0 0 MAGGEY OPLINGER EXECUTIVE DIRECTOR & CEO 40.00 X 153015 0 1183 JOYCE DREWS FINANCE MANAGER 40.00 X 59741 0 608 212756 0 1791 1 0 1 0 0 355469 24957 1982570 12404 2362996 TICKET SALES 711110 249575 249575 EDUCATION AND OUTREACH 711110 40577 40577 SET RENTALS 532490 18844 18844 308996 163951 163951 394324 362115 32209 32209 32209 67928 355469 94004 -26076 -26076 2842076 308996 0 170084 222620 52942 118293 51385 1338126 1195243 40471 102412 33378 26694 3395 3289 77954 62342 7930 7682 13242 13242 36434 36434 48948 20724 17386 10838 101254 72521 10869 17864 189941 160275 29666 35011 13857 16451 4703 378731 345045 33686 64676 57028 6961 687 42468 32375 10093 6485 4908 1145 432 39366 26375 12991 THEATER AND PRODUCTION 235263 231158 4105 BAD DEBT 500 500 10933 10647 286 2875330 2312134 359799 203397 1840900 249348 943318 298299 159066 129287 485363 460110 27659 25253 4278696 5869324 348978 1266784 0 468994 7598617 8307289 63639 48087 255647 255599 2000 462070 321286 765756 X 3673393 3873948 3603938 3667585 7277331 7541533 7598617 8307289 -33254 297456 0 X 0 1 X 1 0 X 3278130 2639269 2935441 5048566 2362996 16264402 3278130 2639269 2935441 5048566 2362996 16264402 2474263 13790139 70173 66401 49492 92966 163951 442983 16707385 1655299 0.82540 0.83420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2934165 200 263306 199859 2997812 2238563 1004600 -308998 2934165 1794113 380 444070 2238563 1727674 53901 12538 1794113 1790539 200 66935 130000 1727674 0.00000 0.95290 0.04710 0 0 201605 201605 0 283758 258505 25253 25253 CASH AND EQUIVALENTS HELD BY INVESTMENT MANAGERS 1266784 F 1266784 OPERATING LEASE RIGHT-OF-USE ASSETS 457153 FINANCE LEASE RIGHT-OF-USE ASSETS 11841 468994 OPERATING LEASE LIABILITIES 450093 FINANCE LEASE LIABILITIES 11977 462070 3291253 297456 94151 -36434 355173 2936080 -94004 -94004 2842076 3027051 94151 94004 188155 2838896 36434 36434 2875330 PART V, LINE 4: THE INCOME FROM THE ENDOWMENT FUNDS CAN BE USED TO SUPPORT THE ORGANIZATION'S GENERAL ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES REPORTED ON FORM 990, PART IX, LINE 11F -36,434. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -94,004. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 94,004. ANNUAL GALA 283475 247996 35479 7515 27964 19779 PASTA & PUCCINI 139922 107473 32449 32449 6297 423397 355469 67928 7515 60413 26076 94004 -26076 X 1 1 X X 0 0 0 0 0 0 0 0 0 MAGGEY OPLINGER EXECUTIVE DIRECTOR & CEO 153015 0 0 0 0 0 0 0 1183 0 154198 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS FOR MAGGEY OPLINGER'S MEMBERSHIP DUES AND ASSESSMENTS TO THE UNIVERSITY CLUB OF MILWAUKEE. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C WHENEVER A DIRECTOR OR OFFICER HAS A FINANCIAL OR PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE GOVERNING BODY, THE GOVERNING BODY SHALL ENSURE THAT THE INTEREST OF SUCH OFFICER OR DIRECTOR IS FULLY DISCLOSED TO THE GOVERNING BODY, NO INTERESTED OFFICER OR DIRECTOR MAY VOTE OR LOBBY ON THE MATTER OR BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT THE MEETING OF THE GOVERNING BODY AT WHICH SUCH MATTER IS VOTED UPON, ANY TRANSACTION IN WHICH A DIRECTOR OR OFFICER HAS A FINANCIAL OR PERSONAL INTEREST SHALL BE DULY APPROVED BY MEMBERS OF THE GOVERNING BODY NOT SO INTERESTED OR CONNECTED AS BEING IN THE BEST INTERESTS OF THE ORGANIZATION, PAYMENTS TO THE INTERESTED OFFICER OR DIRECTOR SHALL BE REASONABLE AND SHALL NOT EXCEED FAIR MARKET VALUE, AND THE MINUTES OF THE MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION, AND RATIONALE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A THE GENERAL DIRECTOR'S COMPENSATION IS ESTABLISHED AND MONITORED BY THE EXECUTIVE COMMITTEE OF THE GOVERNING BODY. THE COMPENSATION IS BASED ON A WRITTEN JOB DESCRIPTION AND IS SUBJECT TO COMPARISON TO OTHER SIMILAR JOB DESCRIPTIONS USING THIRD-PARTY PUBLISHED DATA. THE PROCESS WAS LAST UNDERTAKEN IN FISCAL YEAR 2019 WHEN A NEW GENERAL DIRECTOR SEARCH WAS INITIATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.