2024-11-13T11:53:52-06:00 2024-06-30 390974031 WEGNER CPAS LLP 2921 LANDMARK PLACE SUITE 300 MADISON WI 537133074 990 2023-07-01 391098132 FLORENTINE OPERA COMPANY INC FLOR 4142915700 205 WEST HIGHLAND AVE 201 MILWAUKEE WI 53203 DR DAVID PARIS PRESIDENT 4142915700 2024-11-13 1 1 MITCH DAVIS P01273382 6082744020 2024-11-11 2023 2024-10-15 13:58:12Z MAGGEY OPLINGER 205 WEST HIGHLAND AVE 201 MILWAUKEE WI 53203 4353455 0 X 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 68 34 0 0 2362996 2377079 308996 317079 196160 189683 -26076 -37655 2842076 2846186 0 0 0 0 1672078 1935650 0 0 164687 1203252 1479630 2875330 3415280 -33254 -569094 8307289 8231772 765756 618248 7541533 7613524 X 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 2427304 0 267290 MAINSTAGE OPERA ACHIEVEMENTS: ARTISTIC EXCELLENCE: THE FLORENTINE OPERA PRESENTS HIGH-QUALITY PRODUCTIONS, OFTEN FEATURING RENOWNED ARTISTS AND INNOVATIVE STAGING, WHICH ELEVATES THE CULTURAL LANDSCAPE OF THE COMMUNITY. DIVERSE REPERTOIRE: THE PROGRAM INCLUDES A MIX OF CLASSIC AND CONTEMPORARY OPERAS, APPEALING TO A WIDE AUDIENCE AND PROMOTING THE ART FORM. COMMUNITY ENGAGEMENT: THROUGH OUTREACH INITIATIVES, THE MAINSTAGE PRODUCTIONS ENGAGE DIVERSE COMMUNITY GROUPS, FOSTERING A LOVE FOR OPERA AMONG NEW AUDIENCES. THE ORGANIZATION ALLOCATES A SIGNIFICANT PORTION OF ITS BUDGET TO MAINSTAGE PRODUCTIONS, RECEIVING GRANTS FROM LOCAL ARTS COUNCILS AND PRIVATE FOUNDATIONS. NO FOREIGN GRANTS ARE INCLUDED IN THIS PROGRAM.ARTISTIC DEVELOPMENT ACHIEVEMENTS:EMERGING ARTIST PROGRAMS: THE FLORENTINE OPERA SUPPORTS EMERGING ARTISTS THROUGH THE BAUMGARTNER STUDIO ARTIST PROGRAM AND SUMMER STUDIO ENSEMBLE, PROVIDING THEM WITH ESSENTIAL PERFORMANCE EXPERIENCE AND PROFESSIONAL TRAINING.THIS PROGRAM RECEIVES FUNDING THROUGH GRANTS SPECIFICALLY AIMED AT ARTIST DEVELOPMENT AND TRAINING INITIATIVES. NO FOREIGN GRANTS ARE INCLUDED IN THIS CATEGORY.EACH OF THESE PROGRAMS PLAYS A VITAL ROLE IN FULFILLING THE FLORENTINE OPERA'S MISSION, CONTRIBUTING TO THE ARTS COMMUNITY, AND PROMOTING THE GROWTH OF OPERA. THE ORGANIZATION REPORTS RELEVANT FINANCIAL INFORMATION AS REQUIRED BY IRS REGULATIONS, ENSURING TRANSPARENCY IN ITS OPERATIONS. 409054 0 49789 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 AND REACHED OVER 70,000 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. 2836358 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 94 0 68 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 53203 DR DAVID PARIS PRESIDENT 2.00 X X 0 0 0 CATHERINE COSTANTINI PAST PRESIDENT 2.00 X X 0 0 0 ADAM ARNDT PRESIDENT ELECT 2.00 X X 0 0 0 JAN WADE VP OF FINANCE & TREASURER 2.00 X X 0 0 0 TARA ARGALL VP OF HUMAN RESOURCES 2.00 X X 0 0 0 RAECHELL THUOT VP OF MARKETING & AUDIENCE 2.00 X X 0 0 0 WENDY BURKE 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 SARAH DAMSGAARD VP OF EDUCATION 2.00 X X 0 0 0 WAYNE LUEDERS SECRETARY 2.00 X X 0 0 0 LYNNE DIXON-SPELLER DIRECTOR 2.00 X 0 0 0 DR RICHARD GRUNKE DIRECTOR 2.00 X 0 0 0 DR GERARDO CABALLERO DIRECTOR 2.00 X 0 0 0 PETER DRESCHER DIRECTOR 2.00 X 0 0 0 ERIC HAMME DIRECTOR 2.00 X 0 0 0 ROBERT SOBCZAK DIRECTOR 2.00 X 0 0 0 MARION GOTTSCHALK DIRECTOR 2.00 X 0 0 0 KRISTA HANSEN DIRECTOR 2.00 X 0 0 0 RICHARD STASIK DIRECTOR 2.00 X 0 0 0 JULIE STEINHAFEL DIRECTOR 2.00 X 0 0 0 MARK BERRY DIRECTOR 2.00 X 0 0 0 MAGGEY OPLINGER GENERAL DIRECTOR & CEO 40.00 X 156075 0 1183 JOYCE DREWS FINANCE MANAGER (THRU NOV) 40.00 X 51496 0 676 CAMILLE YIP FINANCE & HR MANAGER (BEG DEC) 40.00 X 3583 0 0 211154 0 1859 1 0 1 0 MILWAUKEE SYMPHONY ORCHESTRA 212 WEST WISCONSIN AVE MILWAUKEE WI 53203 ORCHESTRA SERVICE FOR OUR 4 SHOWS 138347 1 586470 64635 1725974 22900 2377079 TICKET SALES 711110 266840 266840 EDUCATION AND OUTREACH PROGRAMS 711110 49789 49789 SET RENTALS 532490 450 450 317079 220901 220901 1369271 1400489 -31218 -31218 -31218 67034 586470 106780 -39746 -39746 2091 2091 2091 2846186 317079 0 152028 224408 53993 118010 52405 1592140 1463203 50018 78919 40587 33899 3754 2934 78515 65576 7263 5676 14679 14679 43121 43121 95252 30636 40705 23911 83613 74707 8906 250424 221155 29269 32166 15650 16516 463233 429899 33334 68121 59270 8632 219 58221 43809 14412 5958 4801 724 433 34905 20051 14854 THEATER AND PRODUCTION 311976 311786 190 BAD DEBT 7700 7700 10261 7923 2338 3415280 2836358 414235 164687 249348 66305 298299 463928 129287 65801 485364 466069 25253 19295 5869324 7086021 1266784 195849 468994 334573 8307289 8231772 48087 129603 255599 146856 462070 341789 765756 618248 X 3873948 3767381 3667585 3846143 7541533 7613524 8307289 8231772 -569094 641085 0 X 0 1 X 1 0 X 2639269 2935441 5048566 2362996 2377079 15363351 2639269 2935441 5048566 2362996 2377079 15363351 2146780 13216571 66401 49492 92966 163951 220901 593711 15957062 1609186 0.82830 0.82540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2997812 102828 318865 222510 3196995 2934165 200 263306 199859 2997812 2238563 1004600 -308998 2934165 1794113 380 444070 2238563 1727674 53901 12538 1794113 0.00000 0.98490 0.01510 0 0 201605 201605 0 283759 264464 19295 19295 OPERATING LEASE LIABILITIES 332643 FINANCE LEASE LIABILITIES 9146 341789 3672408 641085 121478 -43121 719442 2952966 -106780 -106780 2846186 3600417 121478 106780 228258 3372159 43121 43121 3415280 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 -43,121. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -106,780. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 106,780. ANNUAL GALA 467354 428875 38479 38479 14861 PASTA & PUCCINI 186150 157595 28555 27355 1200 24885 653504 586470 67034 65834 1200 39746 106780 -39746 X 1 1 X X 0 0 0 0 0 0 0 0 0 MAGGEY OPLINGER GENERAL DIRECTOR & CEO 156075 0 0 0 0 0 0 0 1183 0 157258 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.