2025-05-07T08:05:54-05:00 2024-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2023-07-01 203520577 OPERA AMERICA INC OPER 2127968620 330 SEVENTH AVENUE NEW YORK NY 10001 MARC SCORCA PRESIDENT AND CEO 2127968620 2025-05-05 1 0 WILLIAM EPSTEIN P01307171 2129498700 2023 2025-03-06 01:10:19Z MARC SCORCA 330 SEVENTH AVENUE NEW YORK NY 10001 11964148 0 X WWW.OPERAAMERICA.ORG X 2005 NY TO SUPPORT THE CREATION, PRESENTATION, AND ENJOYMENT OF OPERA THROUGH AN ARRAY OF PROGRAMS. 37 36 45 0 120960 0 4102908 3737803 2368768 2639917 374832 799238 5265 176875 6851773 7353833 825915 704585 0 0 3397919 3380707 0 0 697983 3285393 3701392 7509227 7786684 -657454 -432851 24602632 31406399 9106457 15486769 15496175 15919630 X OPERA AMERICA WAS FOUNDED TO: (I) PROMOTE GROWTH AND EXPANSION OF THE OPERATIC ART FORM; (II) FOSTER AND IMPROVE THE EDUCATION, TRAINING AND DEVELOPMENT OF OPERATIC COMPOSERS, SINGERS AND ALLIED TALENT (III) ASSIST IN DEVELOPING RESIDENT PROFESSIONAL OPERA COMPANIES THROUGH COOPERATIVE ARTISTIC AND MANAGEMENT SERVICES TO ITS MEMBERSHIP; (IV) ENCOURAGE AND ASSIST IN THE IMPROVEMENT OF QUALITY OF OPERATIC PRESENTATION; AND (V) ENCOURAGE GREATER APPRECIATION AND ENJOYMENT OF OPERA BY ALL SEGMENTS OF SOCIETY. 0 0 1987006 1137544 NATIONAL OPERA CENTER OPERA AMERICA'S NATIONAL OPERA CENTER IS A STATE-OF-THE-ART RENTAL FACILITY FOR THE OPERA COMMUNITY AND ALSO HOUSES THE ORGANIZATION'S ADMINISTRATIVE OFFICES. CUSTOM-BUILT TO RESPOND TO THE INDUSTRY'S NEED FOR SUITABLE AUDITION, REHEARSAL AND RECORDING FACILITIES, SPECIALLY EQUIPPED ROOMS FACILITATE CO-PRODUCTION MEETINGS, DESIGN PRESENTATIONS AND PROFESSIONAL DEVELOPMENT ACITIVITES, AS WELL AS A WIDE RANGE OF ARTISTIC WORK FROM PERFORMANCES TO READINGS OF NEW WORKS AND LECTURES. STATE-OF-THE-ART ELECTRONIC MEDIA TECHNOLOGY FOR STREAMING AND VIDEO CONFERENCE OVERCOMES THE BARRIER OF GEOGRAPHY FOR THIS WIDELY DISPERSED, YET HIGHLY COLLABORATIVE, INDUSTRY. 1354772 704585 28153 ARTISTIC SERVICES REPERTOIRE DEVELOPMENT GRANTS, OPERA DISCOVERY AND COMMISSIONING GRANTS FOR NEW COMPOSERS AND PROFESSIONAL DEVELOPMENT PROGRAMS FOR COMPOSERS SUPPORT THE PRESENTATION OF NEW OPERA PROJECTS. A NEW WORKS FORUM CONVENES COMPOSERS, LIBRETTISTS, DESIGNERS, PRODUCERS AND PUBLISHERS TO SHARE KNOWLEDGE ABOUT METHODS FOR ENSURING THE SUCCESSFUL CREATION AND PRODUCTION OF NEW OPERATIC WORKS. THE ONSTAGE PROGRAM IS A SERIES OF EVENTS OFFERING THE PUBLIC AN OPPORTUNITY TO HEAR FROM AND INTERACT WITH MAJOR TALENTS WITHIN THE OPERA WORLD. PROFESSIONAL DEVELOPMENT PROGRAMS OFFER TOOLS AND ADVICE FOR SINGERS TO HONE THEIR SKILLS AND FURTHER THEIR CAREERS. 1042966 415048 OPERA AMERICA HOSTS AN ANNUAL CONFERENCE AND A RANGE OF WORKSHOPS AND SEMINARS FOR ADMINISTRATIVE PROFESSIONALS TO DISCUSS ISSUES, ENCOURAGE COLLABORATION AND EXPLORE THE VALUES THAT FORM THE FOUNDATION OF OUR SERVICE TO OUR COMMUNITIES. 1798794 891396 MEMBER SERVICES: EXPENSES: $385,996 REVENUE: $885,365PUBLIC RELATIONS/MARKETING: EXPENSES: $459,708 REVENUE: 0LEARNING, LEADERSHIP & ARTIST DEVELOPMENT: EXPENSES: $284,493 REVENUE: 6,031PUBLIC AFFAIRS: EXPENSES: $92,191 REVENUE: 0INFORMATION SVCS & PUBLICATIONS: EXPENSES: 576,405 REVENUE: 0 1798794 891396 6183538 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 113 0 45 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 37 36 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X SUSAN SCHULTZ 2127968620 330 SEVENTH AVENUE NEW YORK NY 10001 MARC A SCORCA PRESIDENT/CEO 40.00 X X 338556 0 28881 CAROL F HENRY DIRECTOR 1.00 X 0 0 0 SUSAN G MARINEAU CHAIR 1.00 X X 0 0 0 HECTOR ARMIENTA VICE CHAIR 1.00 X X 0 0 0 MICHAEL EGEL SECRETARY 1.00 X X 0 0 0 IAN RYE TREASURER 1.00 X X 0 0 0 JAMES M BARTON DIRECTOR 1.00 X 0 0 0 AFTON BATTLE DIRECTOR 1.00 X 0 0 0 ASTRID BAUMGARDNER DIRECTOR 1.00 X 0 0 0 ALEJANDRA VALARINO BOYER DIRECTOR 1.00 X 0 0 0 PEGGY KRIHA DYE DIRECTOR 1.00 X 0 0 0 ANH LE DIRECTOR 1.00 X 0 0 0 BETH D MORRISON DIRECTOR 1.00 X 0 0 0 LEE ANNE MYSLEWSKI VICE CHAIR 1.00 X X 0 0 0 KAMALA SANKARAM DIRECTOR 1.00 X 0 0 0 NADEGE J SOUVENIR DIRECTOR 1.00 X 0 0 0 ESTEVAN RAEL-GLVEZ VICE CHAIR 1.00 X X 0 0 0 ANGEL BLUE DIRECTOR 1.00 X 0 0 0 CHERYL SLAY CARR DIRECTOR 1.00 X 0 0 0 ANTONIO C CUYLER DIRECTOR 1.00 X 0 0 0 KHORI DASTOOR DIRECTOR 1.00 X 0 0 0 ANTHONY DAVIS DIRECTOR 1.00 X 0 0 0 ANA DE ARCHULETA DIRECTOR 1.00 X 0 0 0 SUE DIXON DIRECTOR 1.00 X 0 0 0 BARBARA LYNNE JAMISON DIRECTOR 1.00 X 0 0 0 CHRISTOPHER KOELSCH DIRECTOR 1.00 X 0 0 0 KAREN J KUBIN DIRECTOR 1.00 X 0 0 0 VIRGINIA CROSKERY LAURIDSEN DIRECTOR 1.00 X 0 0 0 MONT S LEVY DIRECTOR 1.00 X 0 0 0 E LOREN MEEKER DIRECTOR 1.00 X 0 0 0 ANDREW MORGAN DIRECTOR 1.00 X 0 0 0 MICHAEL HIDETOSHI MORI DIRECTOR 1.00 X 0 0 0 SYLVIA NEIL DIRECTOR 1.00 X 0 0 0 JULIA NOULIN-MRAT DIRECTOR 1.00 X 0 0 0 MAGGEY OPLINGER DIRECTOR 1.00 X 0 0 0 GENE SCHEER DIRECTOR 1.00 X 0 0 0 BARBARA AUGUSTA TEICHERT DIRECTOR 1.00 X 0 0 0 DANIEL COOPERMAN CHIEF ADVANCEMENT OFFICER 40.00 X 158958 0 19044 KEVIN SOBCZYK CHIEF INFORMATION OFFICER 40.00 X 129062 0 17549 SUSAN SCHULTZ FINANCE DIRECTOR 40.00 X 122951 0 17244 749527 0 82718 4 0 1 0 0 304905 3432898 226294 3737803 NATIONAL OPERA CENTER OPERATIONS 711190 1137544 1137544 MEMBERSHIP DUES 711190 885365 885365 SEMINARS WORKSHOPS AND ANNUAL MEE 611430 494448 494448 PUBLICATION AND WEB ADVERTISING 541800 122560 1600 120960 2639917 392096 392096 5017457 4610315 407142 407142 407142 MISCELLANEOUS 900099 97375 97375 GRANT AWARD CANCELLATION 900099 79500 79500 176875 7353833 2598457 120960 896613 508500 508500 161085 161085 35000 35000 570852 341653 73100 156099 2146030 1703196 279784 163050 69442 53938 10426 5078 264293 204372 36508 23413 330090 254849 39173 36068 8628 8628 46863 46863 7500 7500 128863 128863 455550 430542 18233 6775 32465 32465 198646 92964 68393 37289 51559 44094 7465 1133820 1043553 50502 39765 159946 101781 3692 54473 716625 716625 301854 292552 9302 21176 17051 4125 MEALS AND RELATED COSTS 228271 45256 18417 164598 PROFESSIONAL DEVELOPMEN 46675 46586 89 DUES & MEMBERSHIP FEES 12797 6902 2360 3535 150154 43074 99329 7751 7786684 6183538 905163 697983 536767 694930 672528 630887 548890 439837 340681 482962 147933 514068 6655967 4259464 2582472 2396503 13893665 14509513 5879696 11737699 24602632 31406399 362857 721889 1298744 1024001 83751 485670 69990 69990 7291115 13185219 9106457 15486769 X 1611686 1719954 13884489 14199676 15496175 15919630 24602632 31406399 -432851 856306 0 X 0 1 X 1 0 X 3330397 5105542 3527500 4102908 3737803 19804150 3330397 5105542 3527500 4102908 3737803 19804150 5527952 14276198 457759 317680 426366 399887 392096 1993788 -511 -349 -1383 -2633 19 -4857 2482 15059 32519 5265 176875 232200 22025281 16854193 0.64820 0.60100 X FORM 990, SCHEDULE A, PAGE 2, LINE 10 OTHER INCOME: OTHER INCOME REPRESENTS AMOUNTS EARNED IN THE CONDUCT OF THE ORGANIZATION'S EXEMPT MISSION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 9108 0 0 9108 0 PART II-B, LINE 1, LOBBYING ACTIVITIES: ADDITIONAL INFORMATION OPERA AMERICA EMPLOYS A PART-TIME GOVERNMENT AFFAIRS DIRECTOR, WHO IS A REGISTERED LOBBYIST, BASED IN WASHINGTON, D.C. ADDITIONALLY, OPERA AMERICA IS A FOUNDING MEMBER OF THE PERFORMING ARTS ALLIANCE, A LOBBYING ORGANIZATION BASED IN WASHINGTON, D.C. OPERA AMERICA'S PRESIDENT/CEO SERVES ON THE BOARD OF THE PERFORMING ARTS ALLIANCE. OPERA AMERICA IS NOT INVOLVED IN ANY DIRECT OR INDIRECT POLITICAL CAMPAIGN ACTIVITIES. 12675216 800 1398302 808661 13265657 12379224 800 903375 608183 12675216 14592018 3100 -1402394 813500 12379224 12440410 260700 2478331 587423 14592018 12802052 20800 193271 575713 12440410 0.01231 0.98769 0 0 5348019 3109309 2238710 1307948 1150155 157793 2396503 RIGHT-OF-USE ASSET 11605529 SECURITY DEPOSIT 132170 11737699 LEASE LIABILITY 13185219 13185219 X 8081276 856306 856306 7224970 128863 128863 7353833 7657821 0 7657821 128863 128863 7786684 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF VARIOUS DONOR-RESTRICTED FUNDS, AND A BOARD-DESIGNATED FUND ESTABLISHED FOR THE PURPOSES OF FUNDING THE NATIONAL OPERA CENTER AND FOR ARTISTIC PROGRAMS. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF THE FASB'S ASC TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION IS SUBJECT TO POTENTIAL UNRELATED BUSINESS INCOME TAXES RELATING TO ITS ADVERTISING AND RENTAL INCOME ACTIVITIES. HOWEVER, BECAUSE OF THE ORGANIZATION'S GENERAL NOT-FOR-PROFIT STATUS, ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 0 CANADA REPERTOIRE DEVELOPMENT 35000 0 1 0 0 0 0 0 0 1 AMERICAN LYRIC THEATER 1178 BROADWAY 3RD FLOOR NEW YORK NY 10001 202990023 501(C)3 0 29000 REPERTOIRE DEVELOPMENT LONG BEACH OPERA 115 PINE AVE STE 550 LONG BEACH CA 90802 953387074 501(C)3 0 14000 REPERTOIRE DEVELOPMENT DES MOINES METRO OPERA 106 W BOSTON AVE INDIANAOLA IA 50125 237319903 501(C)3 0 29000 REPERTOIRE DEVELOPMENT OPERA PARALLELE (TBD) 44 PAGE ST STE 400 SAN FRANCISCO CA 94102 721584393 501(C)3 0 14000 REPERTOIRE DEVELOPMENT PITTSBURGH OPERA 2425 LIBERTY AVENUE PITTSBURGH PA 15222 251073139 501(C)3 0 35000 REPERTOIRE DEVELOPMENT SANTA FE OPERA 301 OPERA DRIVE SANTA FE NM 87506 850131810 501(C)3 0 29000 REPERTOIRE DEVELOPMENT BETH MORRISON PROJECTS - SENSORIUM EX 138 SOUTH OXTORD ST STE 3B BROOKLYN NY 11217 208422447 501(C)3 0 10000 COMMISSIONING GRANTS SPOLETO FESTIVAL USA 14 GEORGE STREET CHARLESTON SC 29402 570660848 501(C)3 0 20000 COMMISSIONING GRANTS AMERICAN LYRIC THEATER 1178 BROADWAY 3RD FLOOR NEW YORK NY 10001 202990023 501(C)3 0 22000 COMMISSIONING GRANTS ON SITE OPERA 475 RIVERSIDE DRIVE NEW YORK NY 10115 463203280 501(C)3 0 24000 COMMISSIONING GRANTS OPERA SARATOGA 19 ROOSEVELT DR STE 215 SARATOGA SPRINGS NY 12866 132505803 501(C)3 0 25000 COMMISSIONING GRANTS BETH MORRISON PROJECTS 138 SOUTH OXTORD ST STE 3B BROOKLYN NY 11217 208422447 501(C)3 0 8750 OPERA GRANT FOR DIRECTORS & CONDUCTORS DETROIT OPERA 1526 BROADWAY ST DETROIT MI 48226 382052726 501(C)3 0 12500 OPERA GRANT FOR DIRECTORS & CONDUCTORS LOS ANGELES OPERA 135 NORTH GRAND AVENUE LOS ANGELES CA 90012 952096402 501(C)3 0 12500 OPERA GRANT FOR DIRECTORS & CONDUCTORS OPERA COLORADO 4121 S NAVAJO ST STE 100 ENGLEWOOD CO 80110 841287161 501(C)3 0 7750 OPERA GRANT FOR DIRECTORS & CONDUCTORS EXPERIMENTS IN OPERA 205 23RD ST APT 1 BROOKLYN NY 11232 463775780 501(C)3 0 20000 NYC SMALL OPERA REGRANTING PROGRAM HARLEM OPERA THEATER 425 W 144TH ST NEW YORK NY 10031 134187863 501(C)3 0 15000 NYC SMALL OPERA REGRANTING PROGRAM INTERNATIONAL BRAZILIAN OPERA CO 203 W 111TH ST 4A NEW YORK NY 10026 471743724 501(C)3 0 20000 NYC SMALL OPERA REGRANTING PROGRAM MANHATTAN OPERA REPERTORY ENSEMBLE ANSONIA STATION BOX 231152 NEW YORK NY 10023 311224121 501(C)3 0 25000 NYC SMALL OPERA REGRANTING PROGRAM NEW MUSIC THEATRE PROJECT 138 S OXFORD ST BROOKLYN NY 11217 471833118 501(C)3 0 15000 NYC SMALL OPERA REGRANTING PROGRAM OPERA EBONY 178 COLUMBUS AVE 23-1522 NEW YORK NY 10023 510238088 501(C)3 0 20000 NYC SMALL OPERA REGRANTING PROGRAM OPERA HISPANICA 345 W 145TH ST 3C5 NEW YORK NY 10031 271588801 501(C)3 0 15000 NYC SMALL OPERA REGRANTING PROGRAM OPERA PRAKITKOS 200 E 66TH ST A1801 NEW YORK NY 10065 883044485 501(C)3 0 30000 NYC SMALL OPERA REGRANTING PROGRAM THE LIGHTHOUSE OPERA CO PO BOX 622491 BRONX NY 10462 814729519 501(C)3 0 25000 NYC SMALL OPERA REGRANTING PROGRAM AMANDA JAMES 94 MERCER ST 4 NEW YORK NY 10012 464797025 501(C)3 0 10000 NYC SMALL OPERA REGRANTING PROGRAM OPERA GRANTS FOR DIRECTORSCONDUCTORS 501(C)3 0 21000 NYC SMALL OPERA REGRANTING PROGRAM 26 0 IDEA GRANTS/RESIDENCIES 54685 COMPOSERS 99400 LIBRETTISTS 7000 PART I, LINE 2: MONITORING OF GRANTS: THE ORGANIZATION REQUIRES WRITTEN PROPOSALS FOR REQUESTS OF GRANTS FOR ARTISTIC PROGRAMS. THE GRANT REQUESTS ARE REVIEWED FOR COMPLIANCE WITH PUBLISHED GRANT GUIDELINES AND ARE APPROVED BY AN INDEPENDENT PANEL OF INDUSTRY REPRESENTATIVES. X X X 0 1 0 0 0 0 0 1 0 MARC A SCORCA PRESIDENT/CEO 338556 0 0 0 0 0 0 0 28881 0 367437 0 0 0 DANIEL COOPERMAN CHIEF ADVANCEMENT OFFICER 158958 0 0 0 0 0 0 0 19044 0 178002 0 0 0 PART I, LINE 4B AND 6A: THE ORGANIZATION HAS A 457(B) PLAN FOR CERTAIN EMPLOYEES. THE PLAN WILL HAVE EMPLOYEE CONTRIBUTIONS BUT THERE WILL BE NO CONTRIBUTIONS MADE BY THE EMPLOYER. DURING THE FISCAL YEAR 2017 THE ORGANIZATION ESTABLISHED A 457(F) PLAN FOR CERTAIN EMPLOYEES. THE ASSETS OF THE PLAN ARE RETAINED BY THE ORGANIZATION AND ARE PAYABLE ONLY UPON FULFILLMENT OF A CONTRACTUAL TERM OF SERVICE. CONTRIBUTION AMOUNTS, IF ANY, ARE DETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. NET EARNINGS IS ONE OF THE FACTORS USED WHEN MAKING THIS DETERMINATION. X 1627 226294 0 0 1 PART I, LINE 32B: THE ORGANIZATION HIRES/USES THIRD PARTIES/RELATED ORGANIZATIONS TO SOLICIT, PROCESS, OR SELL NON-CASH CONTRIBUTION. PART I LINE 9 NON-CASH CONTRIBUTION AMOUNTS TO 226,294 WHICH IS 1,627 PUBLICLY TRADED SHARES. FORM 990, PAGE 1, PART I, QUESTION 5, AND PART V, QUESTION 2B OPERA AMERICA CURRENTLY EMPLOYS 45 INDIVIDUALS. PAYROLL AND BENEFITS ARE PROCESSED THROUGH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) WHICH FILES THE FORM W-3 ON OPERA AMERICA'S BEHALF UNDER THE PEO'S FEDERAL EIN#. THEREFORE OPERA AMERICA DOES NOT FILE A FORM W-3. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF OPERA AMERICA SHALL CONSIST OF THOSE OPERA COMPANIES WHICH, IN ADDITION TO MEETING EACH OF THE REQUIREMENTS AS TO ELIGIBILITY SET FORTH IN THE BY-LAWS, SHALL BE ELECTED TO MEMBERSHIP IN OPERA AMERICA UPON AN AFFIRMATIVE VOTE OF NOT LESS THAN TWO-THIRDS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS, ELECTION OF MEMBERS, AND DECISIONS OF THE GOVERNING BODY: A MAJORITY OF THE DIRECTORS IN OFFICE SHALL BE NECESSARY TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS, AND THE ACT OF A MAJORITY OF THE DIRECTORS PRESENT AT A MEETING, AT WHICH A QUORUM IS PRESENT, SHALL BE THE ACT OF THE BOARD OF DIRECTORS. IF ALL THE DIRECTORS SHALL SEVERALLY OR COLLECTIVELY CONSENT IN WRITING TO ANY ACTION TO BE TAKEN BY THE ORGANIZATION, SUCH ACTION SHALL BE AS VALID A CORPORATE ACTION AS THOUGH IT HAD BEEN AUTHORIZED AT A MEETING OF THE BOARD OF DIRECTORS. VACANCIES ON THE BOARD OF DIRECTORS, RESULTING FROM EITHER RESIGNATION, DEATH, INCAPACITY OR REMOVAL, MAY BE FILLED BY A MAJORITY OF THE REMAINING MEMBERS OF THE BOARD AT ANY MEETING. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: PRIOR TO ITS ELECTRONIC FILING, A PUBLIC DISCLOSURE DRAFT OF FORM 990 IS EMAILED TO THE MEMBERS OF THE FINANCE SUB-COMMITTEE AS AUTHORIZED BY THE BOARD OF DIRECTORS, FOR REVIEW AND COMMENT. UPON SATISFACTORY REVIEW, THE FILING OF THE FINAL FORM 990 IS AUTHORIZED BY THE SUB-COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AT THE BEGINNING OF THEIR TERM. THERE IS AN ANNUAL ANNOUNCEMENT AT A DESIGNATED BOARD MEETING REGARDING THE NECESSITY TO REPORT ANY SUBSEQUENT OR POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY TO THE APPROPRIATE BOARD OFFICERS. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF COMPENSATION OF KEY EMPLOYEES: THE COMPENSATION OF THE PRESIDENT/CEO IS REVIEWED BY THE OFFICERS OF OPERA AMERICA'S BOARD OF DIRECTORS. ANOTHER BOARD MEMBER, NOT AN OFFICER, IS RESPONSIBLE FOR ENSURING THAT A COMPARATIVE ANALYSIS OF OTHER NATIONAL ARTS SERVICE ORGANIZATIONS' CEO SALARIES IS USED AS A POINT OF COMPARISON. ALSO USED FOR REFERENCE, IS A STUDY OF OPERA COMPANY CEO SALARIES. A REPORT CONCLUDING THE REASONABLENESS OF COMPARABILITY IS PRESENTED IN EXECUTIVE SESSION AND THEN TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. THE COMPENSATION OF OTHER KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT/CEO USING A STUDY OF OPERA COMPANY KEY EMPLOYEE SALARIES AND GUIDELINES ESTABLISHED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. RECOMMENDATIONS FOR COMPENSATION OF OTHER KEY EMPLOYEES ARE RATIFIED BY THE BOARD OF DIRECTORS DURING THE BUDGET PROCESS AND DOCUMENTED ALONG WITH BUDGET APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF ORGANIZATIONAL DOCUMENTS AND STATEMENTS: THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE PUBLICLY ACCESSIBLE AND ARE AVAILABLE UPON REQUEST.