2024-05-13T15:11:38-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2022-07-01 131681983 THE METROPOLITAN OPERA GUILD INC METR 2128707643 30 LINCOLN CENTER NEW YORK NY 10023 DIANA FORTUNA TREASURER 2127993100 2024-05-08 1 DIANA FORTUNA 999009999 0 WILLIAM EPSTEIN P01307171 2129498700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DIANA FORTUNA 30 LINCOLN CENTER NEW YORK NY 10023 8954440 0 X WWW.METOPERA.ORG X 1936 NY SEE SCHEDULE O 28 28 44 60 264130 0 2163039 2074703 581095 781415 187112 -284694 295992 379730 3227238 2951154 20000 20000 0 0 2243388 2602527 0 0 402630 2064126 2140145 4327514 4762672 -1100276 -1811518 8024277 6885766 1678922 1857796 6345355 5027970 X SEE SCHEDULE O. 0 0 2099308 621997 PUBLICATIONS: THE GUILD PUBLISHES OPERA NEWS, A MONTHLY PRINT ANDDIGITAL MAGAZINE ABOUT OPERA HISTORY, PERFORMANCES, AND ARTISTS, THATHELPS FOSTER A DEEPER APPRECIATION OF OPERA AND TO MAINTAIN IT AS ATHRIVING, CONTEMPORARY ART FORM. 1356183 423548 EDUCATIONAL PROGRAMS: THE GUILD FOSTERS COLLABORATION, LITERACY SKILLS, SELF-CONFIDENCE AND AN INCREASED CAPACITY FOR SELF-EXPRESSION IN CHILDREN WITH CUSTOMIZED EDUCATION PROGRAMS INTEGRATED INTO THE CURRICULUM OF THEIR SCHOOLS. THE GUILD ALSO OFFERS WORKSHOPS ANDCOMMUNITY PROGRAMS FOR OLDER STUDENTS AND ADULTS. 20000 20000 SUPPORT OF THE METROPOLITAN OPERA (THE "MET"): THE GUILD SUPPORTS THE MET'S LAFFONT COMPETITION BY FUNDING AN ANNUAL AWARD. THE GUILD ALSO SERVES AS A FUNDRAISING AGENT FOR THE MET BY ENCOURAGING INDIVIDUALS TO CONTRIBUTE TO THE MET AT VARIOUS GIVING LEVELS. 3475491 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 98 0 44 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X DIANA FORTUNA TREASURER 2128707643 30 LINCOLN CENTER NEW YORK NY 10023 CHRISTIAN ALFONSI DIRECTOR 2.00 0.00 X 0 0 0 BETSY SHACK BARBANELL DIRECTOR 2.00 0.00 X 0 0 0 CATIA Z CHAPIN DIRECTOR 2.00 0.00 X 0 0 0 MARC CHAZAUD DIRECTOR 2.00 0.00 X 0 0 0 GEORGE M COZONIS DIRECTOR 2.00 0.00 X 0 0 0 JOHN M DOWD DIRECTOR 2.00 0.00 X 0 0 0 NICHOLAS L D FIRTH DIRECTOR 2.00 0.00 X 0 0 0 G WILLIAM HAAS DIRECTOR 2.00 0.00 X 0 0 0 JOHN HARGRAVES DIRECTOR 2.00 0.00 X 0 0 0 ELAINE HOCHBERG DIRECTOR 2.00 0.00 X 0 0 0 ALICE N HUNT DIRECTOR 2.00 0.00 X 0 0 0 STUART H JOHNSON III DIRECTOR 2.00 0.00 X 0 0 0 SANDRA S JOYS VICE PRESIDENT 6.00 0.00 X X 0 0 0 HON JOHN G KOELTL DIRECTOR 2.00 0.00 X 0 0 0 STEPHEN C KOVAL DIRECTOR 2.00 0.00 X 0 0 0 THEODORE A KURZ CHAIRMAN, EXECUTIVE COMMIT 6.00 0.00 X X 0 0 0 ELLEN F MARCUS DIRECTOR 2.00 0.00 X 0 0 0 LOUIS S MIANO VICE PRESIDENT 6.00 0.00 X X 0 0 0 RICHARD J MILLER JR PRESIDENT 6.00 0.00 X X 0 0 0 MERRI C MOKEN DIRECTOR 2.00 0.00 X 0 0 0 CHRISTOPHER S MOORE TREASURER 6.00 0.00 X X 0 0 0 WINTHROP RUTHERFORD JR CHAIRMAN OF THE BOARD 6.00 0.00 X X 0 0 0 DR GARRY SPECTOR SECRETARY 6.00 0.00 X X 0 0 0 CHRISTINE STONBELY DIRECTOR 2.00 0.00 X 0 0 0 LANGDON VAN NORDEN JR VICE PRESIDENT 6.00 0.00 X X 0 0 0 SUSAN ZOHN DIRECTOR 2.00 0.00 X 0 0 0 DR FRAYDA B LINDEMANN EX-OFFICIO DIRECTOR THRU 5/25/23 0.00 0.00 X 0 0 0 MS TAMSEN ANN ZIFF EX-OFFICIO DIRECTOR 0.00 0.00 X 0 0 0 MR TOD JOHNSON EX-OFFICIO DIRECTOR 0.00 0.00 X 0 0 0 VANESSA KUBACH MANAGING DIRECTOR 35.00 0.00 X 202026 0 23321 F PAUL DRISCOLL EDITOR IN CHIEF 35.00 0.00 X 147803 0 16430 STUART HOLT DIRECTOR OF LEARNING & ENG 35.00 0.00 X 143250 0 14080 ELIZABETH DIGGANS PRODUCTION DIRECTOR 35.00 0.00 X 114199 0 15243 TRENT JOHNSON DESIGN DIRECTOR 35.00 0.00 X 107548 0 13417 714826 0 82491 5 0 1 0 LINCOLN CENTER FOR THE PERFORMING ARTS 10 LINCOLN CENTER PLAZA NEW YORK NY 10023 OFFICE RENT 248120 SUBSTRAKT LTD 62-64 ALBION STREET BIRMINGHAM UK B1 3EA WEBSITE 149250 LANE PRESS 87 MEADOWLAND DRIVE SOUTH BURLINGTON VT 05403 PRINTING 142779 CPS EVENTS AT THE PLAZA 768 5TH AVE NEW YORK NY 10019 VENUE RENTAL 125495 4 909723 551846 193480 419654 186746 2074703 EDUCATION PROGRAM FEES 711110 423548 423548 CIRCULATION INCOME 541800 357867 357867 781415 76577 76577 733 733 16500 0 16500 16500 16500 5265556 5626827 -361271 -361271 -361271 376459 551846 376459 0 ADVERTISING REVENUE 541800 264130 264130 OTHER INCOME 900099 98367 98367 362497 2951154 781415 264130 -169094 20000 20000 282115 70529 197481 14105 1826594 1353529 306267 166798 75690 49635 19632 6423 253422 155384 58401 39637 164706 111051 40437 13218 13197 13197 58383 58383 9520 9520 420687 334682 86005 43684 43684 86698 54030 29678 2990 116716 101543 7003 8170 306199 266585 18283 21331 22356 21871 485 166070 129235 21039 15796 49926 43500 2966 3460 PHOTO AND ILLUSTRATIONS 234065 234065 0 POSTAGE AND SHIPPING 185824 174381 11370 73 PAPER 149375 149375 0 PRINTING AND BINDING 72919 71864 1055 204526 90548 3349 110629 4762672 3475491 884551 402630 855076 717196 78370 113945 60254 138393 100888 61471 187711 225149 8463231 6441262 2013785 2021969 3230379 2120280 1497814 1487363 8024277 6885766 702731 866416 265728 293270 710463 698110 1678922 1857796 X 3988933 2914269 2356422 2113701 6345355 5027970 8024277 6885766 X -1811518 504584 -10451 X 0 1 X 1 0 X 9845299 7760714 2371849 2163511 2074705 24216078 9845299 7760714 2371849 2163511 2074705 24216078 1048905 23167173 228928 227344 117449 195535 84291 853547 120516 64149 39316 40158 93810 357949 25427574 17009172 0.91110 0.93360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 120,516. 2019 AMOUNT: $ 64,149. 2020 AMOUNT: $ 39,316. 2021 AMOUNT: $ 40,158. 2022 AMOUNT: $ 93,810. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 474001 47750 30114 491637 622013 -99425 48587 474001 517355 151084 46426 622013 553408 16842 52895 517355 558839 34188 39619 553408 0.91160 0.08840 0 0 7168146 5291527 1876619 1295085 1149735 145350 2021969 REMAINDER INTEREST IN TRUST 1487363 1487363 DUE TO METROPOLITAN OPERA ASSOC. 698110 698110 X 5309261 504584 1873494 -10451 2367627 2941634 9520 9520 2951154 6626646 1873494 1873494 4753152 9520 9520 4762672 PART III, LINE 4: THE GUILD HAS MAINTAINED A COLLECTION OF VARIOUS OPERA-RELATED MEMORABILIA OVER THE YEARS. AS OF JUNE 30, 2023, THE MAJORITY OF THE COLLECTION HAS BEEN SOLD. ALL REMAINING COLLECTION ITEMS ARE CATALOGUED AND PRESERVED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. IN ACCORDANCE WITH THE COLLECTION POLICIES OF MUSEUMS, THE COST OR VALUE OF THESE COLLECTIONS IS NOT INCLUDED ON THE BALANCE SHEETS. THE COLLECTIONS ARE COMPRISED OF VARIOUS ITEMS USED WITHIN AND BY FAMOUS OPERAS AND ARE USED TO: (I) DEVELOP, SUPPORT, AND CULTIVATE A WIDER PUBLIC INTEREST IN THE METROPOLITAN OPERA AND THE ART FORM AT-LARGE, (II) TO FURTHER MUSICAL EDUCATION AND APPRECIATION, AND (III) TO SPONSOR AND GIVE ASSISTANCE TO OPERATIC, MUSICAL AND CULTURAL PROGRAMS, AS WELL AS OTHER ACTIVITIES OF AN EDUCATIONAL CHARACTER. PART V, LINE 4: THE GUILD'S ENDOWMENT CONSISTS OF THREE DONOR RESTRICTED FUNDS ESTABLISHED TO SUPPORT OPERATIONS, EDUCATION PROGRAMS, AND EDUCATION AND OUTREACH PROGRAMS. PART X, LINE 2: THE GUILD IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. SINCE THE GUILD HAS ALWAYS RECORDED THE POTENTIAL TAX LIABILITY FOR UNRELATED BUSINESS INCOME TAXES, AND DUE TO ITS GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE GUILD'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF REMAINDER INTEREST IN TRUST -10,451. LUNCHEON 314295 148559 165736 95750 69986 OPERA NEWS AWARDS 579210 368487 210723 140556 70167 1 34800 34800 928305 551846 376459 236306 140153 376459 0 1 METROPOLITAN OPERA ASSOCIATION INC 30 LINCOLN CENTER NEW YORK NY 10023 131624087 501(C)(3) 20000 0 SUPPORT PART I, LINE 2: GRANTS MADE TO THE MET ARE FOR UNRESTRICTED OPERATING SUPPORT. THE GUILD REVIEWS THE AUDITED FINANCIAL STATEMENTS AND 990 OF THE MET AND MONITORS THE FINANCIAL NEEDS OF THE MET. X X 0 0 0 0 0 0 0 0 0 VANESSA KUBACH MANAGING DIRECTOR 202026 0 0 0 0 0 4015 0 19306 0 225347 0 0 0 F PAUL DRISCOLL EDITOR IN CHIEF 147803 0 0 0 0 0 5258 0 11172 0 164233 0 0 0 STUART HOLT DIRECTOR OF LEARNING & ENG 143250 0 0 0 0 0 2908 0 11172 0 157330 0 0 0 X 5 76160 COMPARABLE SALES X AUCTION ITEMS 61 110586 COMPARABLE SALES 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ARE BASED ON THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART I, LINE 1 THE METROPOLITAN OPERA GUILD, INC. (THE "GUILD"), INCORPORATED IN NEW YORK IN 1936, IS ORGANIZED (I) TO DEVELOP, SUPPORT, AND CULTIVATE A WIDER PUBLIC INTEREST IN THE METROPOLITAN OPERA AND THE ART FORM AT-LARGE, (II) TO FURTHER MUSICAL EDUCATION AND APPRECIATION, AND (III) TO SPONSOR AND GIVE ASSISTANCE TO OPERATIC, MUSICAL AND CULTURAL PROGRAMS, AS WELL AS OTHER ACTIVITIES OF AN EDUCATIONAL CHARACTER. FORM 990, LINE G LINE 6 - GROSS RECEIPTS - IS THE SUM OF FORM 990, PART VIII, COLUMN A, LINES 6B (COLUMNS I AND II), LINE 7B (BOTH COLUMNS I AND II), LINE 8B, LINE 9B, LINE 10B, AND LINE 12. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GUILD HAS A FORMAL WRITTEN CONFLICT-OF-INTEREST POLICY. ANNUALLY, BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE MEETS TO REVIEW AND APPROVE SENIOR MANAGEMENT'S COMPENSATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GUILD WILL PROVIDE ITS BY-LAWS, ARTICLES OF INCORPORATION CONFLICT-OF-INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES, LINE 1 THE MET IS AN INDEPENDENT NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION THAT MAINTAINS THE GUILD'S MEMBERSHIP RECORDS AND PROVIDES MEMBERSHIP DEVELOPMENT AT NO CHARGE TO THE GUILD. IN FISCAL-YEAR 2023, THE GUILD PASSED THROUGH UNRESTRICTED MEMBERSHIP CONTRIBUTIONS TO THE MET OF $6,241,249 AND MADE AN ADDITIONAL DISCRETIONARY CONTRIBUTION OF $20,000 TO SUPPORT A NATIONAL COUNCIL AWARD. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF REMAINDER INTEREST IN TRUST -10,451. SUBSEQUENT EVENTS: SUBSEQUENT TO YEAR END, AND DUE TO UNCERTAINTIES RELATING TO THE GUILD'S LONG-TERM VIABILITY, THE GUILD'S BOARD APPROVED A PROCESS WHEREBY THE GUILD WILL SCALE BACK OPERATIONS AND RESTRUCTURE CERTAIN RESPONSIBILITIES, PROGRAMS AND OPERATIONS BY TRANSITIONING FROM A STANDALONE ORGANIZATION TO AN ORGANIZATION STRUCTURED IN THE MANNER OF AN ORGANIZATION THAT WOULD QUALIFY AS A SUPPORTING ORGANIZATION OF THE MET. AS PART OF THIS RESTRUCTURING, THE GUILD HAS ADOPTED NEW BYLAWS WHEREBY THE MET IS NOW THE SINGLE MEMBER OF THE GUILD. AS SUCH, THE GUILD HAS BECOME A WHOLLY-CONTROLLED ENTITY OF THE MET FOR YEARS SUBSEQUENT TO JUNE 30, 2023. IN ADDITION, AN APPLICATION HAS BEEN FILED WITH THE IRS TO CHANGE THE GUILD'S TAX EXEMPTION STATUS FROM AN ORGANIZATION EXEMPT FROM TAX UNDER 509(A)(1) TO A SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3).