2025-12-04T18:06:41-07:00 2025-06-30 990 2024-07-01 910760426 SEATTLE OPERA SEAT 2063897600 363 MERCER STREET SEATTLE WA 98109 Marissa Betz-Zall Chief Financial Officer 2066765504 2025-11-15 1 2024 2025-03-06 01:10:19Z JAMES ROBINSON 363 MERCER ST SEATTLE WA 98109 22581899 0 X WWW.SEATTLEOPERA.ORG X 1963 WA TO THRILL, INSPIRE AND EDUCATE THROUGH THE SHARED EXPERIENCE OF OPERA 46 46 597 171 7556 0 9307932 13594892 6026826 8029564 608270 526561 53080 18848 15996108 22169865 0 0 0 0 12486942 14103425 6474 1661 1474564 10228530 11179009 22721946 25284095 -6725838 -3114230 74505736 69991033 13218806 11582451 61286930 58408582 TO THRILL, INSPIRE AND EDUCATE THROUGH THE SHARED EXPERIENCE OF OPERA. SEATTLE OPERA IS VITAL TO THE DYNAMIC CULTURAL AND CIVIC LIFE OF OUR REGION AND TO THE EVOLUTION OF OPERA ACROSS THE WORLD. 0 0 18779074 7906750 DURING SEATTLE OPERA'S 2024/25 SEASON, THE COMPANY WITNESSED CONTINUED GROWTH OF IN-PERSON ATTENDENCE AT MCCAW HALL, TAGNEY JONES HALL, AND OTHER VENUES. THE COMPANY INCREASED THE NUMBER OF PERFORMANCES SIGNIFICANTLY FROM THE PRIOR SEASON (32 VS 24), ESPECIALLY FOR BLOCKBUSTER SHOWS LIKE THE MAGIC FLUTE, TOSCA, AND PAGLIACCI. WE SOLD MORE SINGLE TICKETS THAN ANY SEASON IN OUR HISTORY AND SOLD AS MANY TICKETS PER PERFORMANCE (~2,000 ON AVERAGE) AS WE DID IN THE LAST YEAR BEFORE COVID. THE SEASON FEATURED FOUR MAINSTAGE OPERAS, AMONG THEM ALL-TIME FAVORITES LIKE "PAGLIACCI", "THE MAGIC FLUTE", AND "TOSCA", A WORLD PREMIERE "JUBILEE", AND A CONCERT OPERA OF "LES TROYENS" FEATURING THE 60-MEMBER SEATTLE OPERA CHORUS AND THE 80-MEMBER SEATTLE SYMPHONY ORHCESTRA. 1160018 129515 SEATTLE OPERA'S COMMITMENT TO COMMUNITY ENGAGEMENT AND EDUCATION CONTINUED THROUGHOUT THE 2024/2025 SEASON. THROUGH NEW AND LONG-STANDING PARTNERSHIPS WITH CIVIC AND ARTS ORGANIZATIONS, SCHOOLS AND COMMUNITY CENTERS, AND DOZENS OF LOCAL INSTITUTIONS WE STRIVE TO MAKE LIVING IN WASHINGTON STATE HEALTHIER, SMARTER, MORE PEACEFUL AND MORE ENJOYABLE. IN THE FALL OF 2024 THE COMPANY HOSTED ITS FIRST SCHOOL DAY MATINEE SINCE THE 1970S WITH MORE THAN 1500 SCHOOL STUDENTS ATTENDING JUBILEE. NEARLY 700 PEOPLE ATTENDED OUR ANNUAL OPEN HOUSE. WHAT'S MORE, OUR SCHOOL PROGRAM VISITED 60 SCHOOLS AND COMMUNITY CENTERS AND REACHED MORE THAN 24,000 K-12 STUDENTS. 0 0 0 19939092 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 231 0 597 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 46 46 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA NY PA WA X X MARISSA BETZ-ZALL 2066765504 363 MERCER STREET SEATTLE WA 98109 CHRISTINA SCHEPPELMANN GENERAL DIRECTOR UNTIL 10/31/24 60 0 X 289956 0 14453 KRISTINA MURTI DIRECTOR OF MARKETING AND COMMUNICATIONS 60 0.1 X 168830 0 10661 DOUGLAS PROVOST DIRECTOR OF PRODUCTION UNTIL 11/20/24 60 0 X 168392 0 10841 JAMES D ROBINSON GENERAL & ARTISTIC DIRECTOR FROM 11/1/24 60 0 X 165123 0 11414 MARISSA BETZ-ZALL CFO 60 2 X 161494 0 12500 AREN DER HACOPIAN DIRECTOR OF ARTISTIC ADMINISTRATION AND PLANNING 60 0 X 149126 0 10218 ANGELA GIST COO 60 0 X 148542 0 10652 CHRISTOPHER BURKETT DIRECTOR OF DEVELOPMENT 60 0 X 137342 0 11852 JUSTIN N LOYD MASTER CARPENTER 40 0 X 100498 0 21500 DENNIS ROBINSON DIRECTOR OF PROGRAMS & PARTNERSHIPS 60 0 X 105591 0 11898 LINDSEY M O'CONNOR CONTROLLER 40 1 X 100000 0 5000 MARYANNE TAGNEY CHAIR 10 0 X X 0 0 0 JOHN F NESHOLM CHAIR EMERITUS 10 0 X X 0 0 0 LESLEY CHAPIN WYCKOFF PRESIDENT 10 0 X X 0 0 0 JONATHAN ROSOFF PRESIDENT ELECT 10 0 X X 0 0 0 BRIAN MARKS PAST PRESIDENT 10 0 X X 0 0 0 JOSHUA RODRIGUEZ EXECUTIVE VICE PRESIDENT 10 3 X X 0 0 0 ELLEN EVANS TREASURER 10 3 X X 0 0 0 TOBY BRIGHT SECRETARY 10 0 X X 0 0 0 JASON BERGEVIN VICE PRESIDENT 2 0 X X 0 0 0 BRENDA BRUNS VICE PRESIDENT 10 0 X X 0 0 0 ALVA WRIGHT BUTCHER VICE PRESIDENT 10 0 X X 0 0 0 GEORGE COUNTS VICE PRESIDENT 10 0 X X 0 0 0 A RICHARD GEMPERLE VICE PRESIDENT 10 0 X X 0 0 0 BRIAN LAMACCHIA VICE PRESIDENT 10 0 X X 0 0 0 NATHAN LEE VICE PRESIDENT 10 0 X X 0 0 0 LOUISE MILLER VICE PRESIDENT 10 0 X X 0 0 0 WANDA NUXOLL VICE PRESIDENT 10 0 X X 0 0 0 MOYA VAZQUEZ VICE PRESIDENT 10 3 X X 0 0 0 WILLIE C AIKENS BOARD MEMBER 2 0 X 0 0 0 EVAN BENNETT BOARD MEMBER 2 0 X 0 0 0 JOHN BOZEAT BOARD MEMBER 2 0 X 0 0 0 MILKANA BRACE BOARD MEMBER 2 3 X 0 0 0 SUE BUSKE BOARD MEMBER 2 0 X 0 0 0 GHADDRA GONZALEZ CASTILLO BOARD MEMBER 2 0 X 0 0 0 STELLA CHOI-RAY BOARD MEMBER 2 0 X 0 0 0 LUCAS FLETCHER BOARD MEMBER 2 0 X 0 0 0 ROBERT FRIES BOARD MEMBER 2 0 X 0 0 0 ELDRIDGE HARDING BOARD MEMBER 2 0 X 0 0 0 STEPHEN HILBERT BOARD MEMBER 2 0 X 0 0 0 MARVIN HOFFERT BOARD MEMBER 2 0 X 0 0 0 DEBORAH HORNE BOARD MEMBER 2 0 X 0 0 0 RON HOSOGI BOARD MEMBER 2 0 X 0 0 0 GARY HOULAHAN BOARD MEMBER 2 0 X 0 0 0 BYRON JOYNER BOARD MEMBER 2 0 X 0 0 0 MARITTA KO BOARD MEMBER 2 0 X 0 0 0 ANDREW LEWIS BOARD MEMBER 2 0 X 0 0 0 AIMEE MELL BOARD MEMBER 2 0 X 0 0 0 SHANA MOFFATT BOARD MEMBER 2 0 X 0 0 0 STEVEN C PHELPS BOARD MEMBER 2 3 X 0 0 0 TOM PUENTES BOARD MEMBER 2 0 X 0 0 0 CYNTHIA SPRENGER BOARD MEMBER 2 0 X 0 0 0 STEPHEN A SPRENGER BOARD MEMBER 2 0 X 0 0 0 MICHAEL P THEISEN BOARD MEMBER 2 0 X 0 0 0 RUSSELL F TOUSLEY BOARD MEMBER 2 0 X 0 0 0 JUDY TSOU BOARD MEMBER 2 0 X 0 0 0 JANELL TURNER BOARD MEMBER 2 0 X 0 0 0 RAYMOND TYMAS-JONES BOARD MEMBER 2 0 X 0 0 0 SUSANNE WAKEFIELD BOARD MEMBER 2 0 X 0 0 0 JOAN S WATJEN BOARD MEMBER 2 0 X 0 0 0 STEPHEN WHYTE BOARD MEMBER 2 0 X 0 0 0 KATHLEEN WRIGHT BOARD MEMBER 2 0 X 0 0 0 1694894 0 130989 12 0 1 0 SMART SOURCE OF SEATTLE LLC 50425 72ND AVE S STE 200 KENT WA 98032 PRINTING 203995 PAUL H LIPPE INC 233 12TH STREET SANTA MONICA CA 90402 TRUCKING 176496 INTERSECTION MEDIA LLC PO BOX 847651 BOSTON MA 022847651 ADVERTISING 162363 ARTS TECH GROUP 1655 N 4TH ST RENTON WA 98057 THEATRICAL SCENERY CONSTRUCTION 125195 KIRO TV PO BOX 809148 CHICAGO IL 60680 TV ADVERTISING 115576 8 153010 0 1081558 1361504 665023 10333797 104298 13594892 OPERA TICKET SALES 711190 7104385 7104385 0 0 OTHER PROGRAM INCOME 900099 664083 664083 0 0 SET & COSTUME RENTALS 532200 131581 131581 0 0 EDUCATION & COMMUNITY 711190 129515 129515 0 0 0 0 0 0 8029564 534322 0 0 534322 0 0 0 0 0 0 0 0 287199 0 13214 0 273985 0 273985 0 0 273985 89945 -6500 91206 0 -1261 -6500 -7761 0 0 -7761 38220 1081558 307614 -269394 0 -269394 0 0 0 0 0 0 0 0 0 0 0 0 SONG & DANCE REVENUE 459420 14257 6701 7556 0 0 0 0 0 14257 22169865 8036265 7556 531152 X 0 0 0 0 0 0 0 0 1316261 785316 530945 0 0 0 0 0 10230241 7690797 1598925 940519 99092 99092 0 0 1326724 993164 207312 126248 1131107 841521 199610 89976 0 0 0 0 968 0 968 0 63238 0 63238 0 0 0 0 0 1661 1661 0 0 0 0 3251681 3119017 117503 15161 1701858 1655853 46005 0 380604 214704 52281 113619 444186 13404 373173 57609 286469 286469 0 0 1669189 1572570 83781 12838 828969 399683 367576 61710 0 0 0 0 12853 3707 7143 2003 184184 165867 15262 3055 0 0 0 0 1186074 1076155 91589 18330 158324 89456 57824 11044 SET & COSTUME MATERIALS 390323 390323 0 0 CREDIT CARD FEES 239189 225752 606 12831 SET RENTAL 111393 111393 0 0 TRUCKING 69983 69983 0 0 199524 134866 56698 7960 25284095 19939092 3870439 1474564 569977 1476091 3476417 3458343 2143713 4943559 131752 60876 0 0 0 0 0 0 0 0 637064 451177 59235294 8655789 51735784 50579505 6888790 0 0 0 0 0 0 0 8922239 9021482 74505736 69991033 2453296 1804746 0 0 3373228 2322812 0 0 0 0 0 2500000 2500000 0 0 0 4892282 4954893 13218806 11582451 X 55262433 48897432 6024497 9511150 61286930 58408582 74505736 69991033 X -3114230 64264 0 0 0 171618 X 0 1 X 1 0 X 15672451 17951772 17054895 9307932 13594892 73581942 0 0 0 0 0 0 0 0 0 0 0 0 15672451 17951772 17054895 9307932 13594892 73581942 17694440 55887502 845775 854775 854867 849369 821521 4226307 0 0 0 0 0 0 44284 12698 0 0 0 56982 77865231 28085461 0.71775 0.78178 X Schedule A, Part II, Line 10 REIMBURSEMENTS 2020 AMOUNT: $44,284. 2021 AMOUNT: $12,698 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 25284095 25284095 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 0 0 0 0 0 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 Schedule C, Part II-A, Line 2c SEATTLE OPERA PREVIOUSLY FILED FORM 5768 IN ORDER TO APPLY FOR THE 501(H) ELECTION. NO LOBBYING EXPENSE WAS INCURRED IN FY25. 29876145 294932 3198519 1361504 0 36150 31971942 27231817 1204089 2829652 1355530 0 33883 29876145 25308635 773289 2518665 1331952 0 36820 27231817 30518229 11500 -3005599 2097229 0 118266 25308635 24279651 1081555 6988811 1817666 0 14122 30518229 0 1 0 0 1 1 0 0 0 0 0 0 0 0 57242180 7042793 50199387 0 1993114 1612996 380118 0 0 0 0 50579505 RIGHT OF USE ASSET 4179480 INTEREST IN PERPETUAL TRUST 4077309 CONTRIBUTIONS RECEIVABLE FROM TRUSTS 300926 CHARITABLE GIFT ANNUITIES 182661 DEFERRED PENSION AND RETIREMENT ASSET 174519 INVESTMENT IN LLC GIFT SHOP 92192 PREPAID BULK POSTAGE ACCOUNT 14395 9021482 0 LEASE LIABILITY 4480384 DEFERRED FACILITY FEE 199642 DEFERRED PENSION AND RETIREMENT LIABILITY 158000 ACCRUED ANNUITIES PAYABLE 116867 4954893 Schedule D, Part V, Line 4 SEATTLE OPERA FOUNDATION WAS ESTABLISHED IN 1982 TO HOLD, MANAGE AND INVEST AN ENDOWMENT THAT EXCLUSIVELY BENEFITS SEATTLE OPERA. CONTRIBUTIONS TO THE ENDOWMENT ARE CONSIDERED DONOR RESTRICTED FOR ENDOWMENT PURPOSES UNLESS OTHERWISE STIPULATED BY THE DONOR. THE ENDOWMENT INCLUDES PURPOSE-RESTRICTED FUNDS BASED ON DONOR INTENT. UNDER A SPENDING POLICY ESTABLISHED BY THE FOUNDATION BOARD, INCOME FROM THE INVESTMENT OF THESE FUNDS SUPPORTS EITHER THE GENERAL OPERATION OR SPECIFIC PROGRAMS OF SEATTLE OPERA, IN ACCORDANCE WITH DONOR STIPULATIONS. BIG OPERA PARTY ANNUAL GALA 1121178 1082958 38220 0 0 0 91504 20940 195169 0 0 1121178 1082958 38220 0 0 0 91504 20940 195169 307613 -269393 X X X X 1 0 0 0 0 0 0 0 0 CHRISTINA SCHEPPELMANN GENERAL DIRECTOR UNTIL 31 OCT 2024 289956 0 0 0 0 0 0 0 14453 0 304409 0 0 0 KRISTINA MURTI DIRECTOR OF MARKETING AND COMMUNICATIONS 168830 0 0 0 0 0 0 0 10661 0 179491 0 0 0 DOUGLAS PROVOST DIRECTOR OF PRODUCTION 131711 0 0 0 36681 0 0 0 10841 0 179233 0 0 0 MARISSA BETZ-ZALL CFO 161494 0 0 0 0 0 0 0 12500 0 173994 0 0 0 JAMES D ROBINSON GENERAL & ARTISTIC DIRECTOR FROM 1 NOV 2024 145123 0 0 0 20000 0 0 0 11414 0 176537 0 0 0 AREN DER HACOPIAN DIRECTOR OF ARTISTIC ADMINISTRATION AND PLANNING 149126 0 0 0 0 0 0 0 10218 0 159344 0 0 0 ANGELA GIST COO 148542 0 0 0 0 0 0 0 10652 0 159194 0 0 0 Schedule J, Part I, Line 4 SCH J PART I LINE 4A - TWO EMPLOYEES RECEIVED SEVERANCE PAYMENTS UPON TERMINATION IN FY25. MARYANNE TAGNEY SEE PT V SEE PT V X 2500000 2500000 0 1 1 2500000 Schedule L, Part II (A) NAME OF PERSON: MARYANNE TAGNEY (B) RELATIONSHIP WITH ORGANIZATION: BOARD CHAIR (C) PURPOSE OF LOAN: CASH MANAGEMENT X 13 89945 FMV X WINE 1 7008 FMV X COSTUME MATERIALS 3 6345 FMV X AUCTION ITEMS 2 1000 FMV 0 0 1 0 Form 990, Part I, Line 6 SEATTLE OPERA VOLUNTEERS INCLUDE BOARD MEMBERS, SUBSCRIBERS, PATRONS, AND MEMBERS OF THE PUBLIC. DURING THE YEAR ENDING 6/30/25, 171 VOLUNTEERS CONTRIBUTED AN ESTIMATED 15,887 HOURS TO SEATTLE OPERA. Form 990, Part VI, Section A, Line 1a THE SEATTLE OPERA EXECUTIVE COMMITTEE IS MADE UP OF SEATTLE OPERA BOARD MEMBERS WHO ARE BOARD OFFICERS, INCLUDING THE CHAIRS OF ALL REQUIRED BOARD COMMITTEES. THE EXECUTIVE COMMITTEE CAN ACT ON BEHALF OF THE BOARD IN MOST CIRCUMSTANCES, EXCEPT WHERE LIMITED IN THE BYLAWS. Form 990, Part VI, Section B, Line 11b A PDF OF THE FINAL DRAFT OF THE 990 AND SUPPORTING SCHEDULES WAS PROVIDED TO THE AUDIT COMMITTEE AND ALL BOARD MEMBERS FOR REVIEW AND COMMENT FOLLOWING PREPARATION AND REVIEW OF THE RETURN BY MANAGEMENT AND STAFF. SCHEDULE B AND SCHEDULE L ARE REDACTED FROM THE 990 PROVIDED TO THE BOARD, TO PRESERVE CONFIDENTIALITY OF DONORS. Form 990, Part VI, Section B, Line 12c EACH YEAR, SEATTLE OPERA BOARD MEMBERS COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. REPORTED CONFLICTS ARE REVIEWED BY THE GOVERNANCE COMMITTEE, WHICH ADDRESSES THE IDENTIFIED CONFLICTS OF INTEREST AS APPROPRIATE. BOARD MEMBERS WITH ANY PERCEIVED CONFLICT OF INTEREST RECUSE THEMSELVES FROM VOTING ON RELATED SUBJECTS. Form 990, Part VI, Section B, Line 15 THE GENERAL & ARTISTIC DIRECTOR'S COMPENSATION IS DETERMINED BY A PORTION OF THE INDEPENDENT EXECUTIVE COMMITTEE, WHICH CONSISTS OF MEMBERS OF THE BOARD OF DIRECTORS. ADDITIONALLY, THE DETERMINATION OF THE EXECUTIVE COMMITTEE IS REFLECTED IN THE EMPLOYMENT CONTRACT FOR THE GENERAL & ARTISTIC DIRECTOR, WHICH COVERS A 5-YEAR PERIOD. Form 990, Part VI, Section C, Line 19 SEATTLE OPERA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, 990, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO DOWNLOAD FROM SEATTLEOPERA.ORG, AND AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g ARTIST FEES: PROGRAM SERVICE EXPENSES $2,344,550; MANAGEMENT AND GENERAL EXPENSES $5,935; FUNDRAISING EXPENSES $2,286. THEATRE SUPPORT: PROGRAM SERVICE EXPENSES $496,660; FUNDRAISING EXPENSES: $2,285. CONSULTANTS: PROGRAM SERVICE EXPENSES $224,916; MANAGEMENT AND GENERAL EXPENSES $44,223; FUNDRAISING EXPENSES $49,500. CO-PRODUCTION COSTS: PROGRAM SERVICE EXPENSES $15,390. ALL OTHER: PROGRAM SERVICE EXPENSES $37,501; MANAGEMENT AND GENERAL EXPENSES $67,345; FUNDRAISING EXPENSES $(38,910). TOTAL TO FORM 990, PART XI, LINE 9: $3,251,681. Form 990, Part XI, Line 9 CHANGE IN VALUE OF PENSION AND RETIREMENT: $(34,493) . CHANGE IN VALUE OF TRUST INSTRUMENTS: $206,111 . TOTAL TO FORM 990, PART XI, LINE 9: $171,618 SEATTLE OPERA FOUNDATION 363 MERCER ST SEATTLE WA 98109 911174712 SUPPORT OF SEATTLE OPERA WA 501(c)3 LINE 12A, I SEATTLE OPERA 1 BEETHOVEN A NONPROFIT CORPORATION 363 MERCER ST SEATTLE WA 98109 911649215 SUPPORTING ORGANIZATION WA 501(c)3 LINE 12A, I N/A 0 SONG & DANCE LLC 71-0903362 321 MERCER ST SEATTLE WA 98109 710903362 RETAIL WA N/A Related 14770 238771 1 7998 0 0.50 CHARITABLE REMAINDER TRUSTS (4) Bank of America Trust Operations PO BOX 830269 DALLAS TX 75283 MANAGE INVESTMENTS TX N/A T 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 SEATTLE OPERA FOUNDATION c 1361504 CASH