2024-12-20T10:21:16-06:00 2024-08-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-09-01 392021767 MADISON OPERA FOUNDATION INC MADI 6082388085 335 W MIFFLIN ST MADISON WI 53703 JOYCE HIRSCH PRESIDENT 6082388085 2024-12-19 1 0 JASON STEPHENS CPA P01263225 6082744020 2024-12-19 2023 2024-10-15 13:58:12Z JOYCE HIRSCH 335 W MIFFLIN ST MADISON WI 53703 645779 0 X MADISONOPERA.ORG X 2001 WI SUPPORTING ORGANIZATION OF MADISON OPERA INC. 9 9 0 9 0 0 39000 110139 0 0 142414 85527 0 0 181414 195666 149671 104416 0 0 0 0 0 0 0 12510 14149 162181 118565 19233 77101 2257460 2618755 0 0 2257460 2618755 SUPPORTING ORGANIZATION OF MADISON OPERA INC. 0 0 104416 104416 0 DURING THE 2023-2024 SEASON, THE MADISON OPERA FOUNDATION INC. PROVIDED MADISON OPERA INC. WITH $104,416 OF SUPPORT FOR ITS GENERAL OPERATIONS. 104416 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WI X JENNIFER FENSTER 6082388085 335 W MIFFLIN ST MADISON WI 53703 X JOYCE HIRSCH PRESIDENT 1.00 1.00 X X 0 0 0 THOMAS TERRY VICE PRESIDENT 1.00 1.00 X X 0 0 0 MARTIN BARRETT TREASURER 1.00 1.00 X X 0 0 0 SALLY MILEY SECRETARY 1.00 1.00 X X 0 0 0 J MARSHALL OSBORN DIRECTOR 1.00 1.00 X 0 0 0 PEYTON ENGEL DIRECTOR 1.00 1.00 X 0 0 0 BRIAN HALTINNER DIRECTOR 1.00 1.00 X 0 0 0 FERNANDO ALVARADO DIRECTOR 1.00 X 0 0 0 AMY NICKLES DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 100014 10125 110139 50414 50414 485226 450113 35113 35113 35113 195666 0 0 85527 104416 104416 3785 3785 10364 10364 118565 104416 14149 0 2245987 2571679 11473 47076 2257460 2618755 0 0 X 271358 315184 1986102 2303571 2257460 2618755 2257460 2618755 77101 284194 0 X 0 1 X 1 0 X X 1 MADISON OPERA INC 391789514 7 1 104416 0 1 104416 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE A, SECTION C, LINE 1 EXPLANATION NUMBER OF FOUNDATION-NOMINATED DIRECTORS SHALL EQUAL OR EXCEED BY 1 THE NUMBER OF OPERA-NOMINATED DIRECTORS. THE OPERA BOARD'S PRESIDENT AND TREASURER AUTOMATICALLY SERVE ON THE BOARD OF THE FOUNDATION UPON ELECTION BY THE OPERA BOARD. THE MAJORITY OF THE BOARD OF THE FOUNDATION ALSO SERVE ON THE BOARD OF THE OPERA. IN ADDITION, ALL FUNDS WITHIN THE FOUNDATION CAN ONLY BE USED TO SUPPORT MADISON OPERA. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1789969 10125 288933 92072 12947 1984008 1736978 9000 142966 87522 11453 1789969 2055640 28738 -250269 83797 13334 1736978 1516567 110000 508076 79003 2055640 1490327 37000 61422 72182 1516567 0.00000 0.80230 0.19770 0 0 0 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF TWO DONOR-RESTRICTED FUNDS ESTABLISHED TO SUPPORT THE OPERA'S PRODUCTIONS, YOUTH ACCESS, AND OPERATIONS. 1 MADISON OPERA INC 335 W MIFFLIN ST MADISON WI 53703 391789514 501(C)(3) 104416 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE MADISON OPERA FOUNDATION INC. RECEIVES FINANCIAL INFORMATION FROM MADISON OPERA INC. OUTLINING THE USE OF GRANT FUNDS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS TO ADD AN UPPER LIMIT OF 15 DIRECTORS, INDICATE THAT TERMS WILL EXPIRE AT THE END OF THE ANNUAL MEETING, ALLOW BOARD MEMBERS AND OFFICERS TO RESIGN VIA WRITTEN NOTICE, INCLUDE THE OPTION FOR VIDEOCONFERENCE MEETINGS, AND CHANGE OFFICER TERMS TO TWO YEARS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE PREPARED FORM 990 IS MADE AVAILABLE TO THE BOARD FOR REVIEW AND IS ALSO REVIEWED AND APPROVED BY MADISON OPERA INC.'S GENERAL DIRECTOR AND DIRECTOR OF FINANCE BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS AND OFFICERS, WHO ARE CONSIDERED INTERESTED PERSONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON MUST LEAVE THE MEETING OF THE GOVERNING BODY WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING DIRECTORS WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE GOVERNING BODY WILL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. ALL DIRECTORS AND OFFICERS MUST ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MADISON OPERA INC 335 W MIFFLIN ST MADISON WI 53703 391789514 OPERA PRODUCTIONS WI 501(C)(3) LINE 7 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0