2025-04-08T16:36:20-07:00 2024-06-30 990 2023-07-01 911174712 SEATTLE OPERA FOUNDATION SEAT 2063897600 363 MERCER STREET SEATTLE WA 98109 Steven Phelps Board President 2063993827 2025-04-08 1 2023 2025-03-06 01:10:19Z STEVEN PHELPS 363 MERCER STREET SEATTLE WA 98109 14864289 0 X WWW.SEATTLEOPERA.ORG X 1982 WA TO SUPPORT SEATTLE OPERA IN PURSUING ITS EXEMPT PURPOSE THROUGH CONTRIBUTION SUPPORT. 10 10 0 10 0 0 773289 1181710 0 0 -964545 1286464 0 0 -191256 2468174 1331952 1355530 0 0 0 0 0 0 0 109640 127028 1441592 1482558 -1632848 985616 27233252 29876145 1435 0 27231817 29876145 TO SUPPORT SEATTLE OPERA IN PURSUING ITS EXEMPT PURPOSE THROUGH CONTRIBUTION SUPPORT. 0 0 1355530 1355530 0 SEATTLE OPERA FOUNDATION DISTRIBUTIONS PROVIDE SUPPORT EXCULSIVELY TO SEATTLE OPERA, AN INTERNAL REVENUE CODE 501(C)3 PUBLIC CHARITY. DURING SEATTLE OPERA'S 2023/2024 SEASON, THE COMPANY WITNESSED CONTINUED GROWTH OF IN-PERSON ATTENDENCE AT MCCAW HALL, TAGNEY JONES HALL, AND OTHER VENUES, ESPECIALLY AS PEOPLE BECAME MORE COMFORTABLE WITH GOING OUT IN PUBLIC. THIS PAST SEASON ROUGHLY 48,000 TOTAL TICKETS WERE SOLD TO MAINSTAGE PERFORMANCES. AMONG THE HOUSEHOLDS ATTENDING, MORE THAN 43% WERE NEW PATRONS. 0 0 0 1355530 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 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 WA X X MARISSA BETZ-ZALL 2063897600 363 MERCER STREET SEATTLE WA 98109 STEVEN C PHELPS PRESIDENT 3 2 X X 0 0 0 MOYA VAZQUEZ VICE PRESIDENT 3 10 X X 0 0 0 ANNE REDMAN SECRETARY 3 0 X X 0 0 0 JAMES D CULLEN TREASURER 3 0 X X 0 0 0 CHARLES B COSSE BOARD MEMBER 3 2 X 0 0 0 ELLEN EVANS BOARD MEMBER 3 10 X 0 0 0 ROBYN GRAD BOARD MEMBER 3 0 X 0 0 0 JOSHUA RODRIGUEZ BOARD MEMBER 3 10 X 0 0 0 MILKANA STEFANOVA BOARD MEMBER 3 2 X 0 0 0 JOHN SULLIVAN BOARD MEMBER 3 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1181710 532206 1181710 0 755662 0 0 755662 0 0 0 0 0 0 0 0 0 0 12926917 0 12396115 0 530802 0 530802 0 0 530802 0 0 2468174 0 0 1286464 1355530 1355530 9600 9600 115524 115524 125 125 1779 1779 1482558 1355530 127028 0 818673 1830117 26300578 27918420 114001 127608 27233252 29876145 1435 1435 0 X -579 -579 27232396 29876724 27231817 29876145 27233252 29876145 X 985616 1645105 0 0 0 13607 X 0 1 X 0 0 X X 1 SEATTLE OPERA 910760426 7 1 1355530 0 1 1355530 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 27465554 154677 478192 3803000 0 15772 24279651 0 1 0 0 0 Schedule D, Part V, Line 4 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 OPERATIONS OR SPECIFIC PROGRAMS OF SEATTLE OPERA, IN ACCORDANCE WITH DONOR STIPULATIONS. 1 SEATTLE OPERA 363 MERCER STREET SEATTLE WA 98109 910760426 501(C)(3) 1355530 0 PROGRAM SUPPORT 1 0 Schedule I, Part I, Line 2 PART I, LINE 2: THE SEATTLE OPERA FOUNDATION HAS AN INDEPENDENT BOARD THAT MONITORS, INVESTS, AND DISTRIBUTES CONTRIBUTED FUNDS FOR SEATTLE OPERA'S GENERAL OPERATIONS AND SPECIFIC PROGRAMS BASED ON DONOR STIPULATIONS. X 1 532206 FMV 0 1 0 Schedule M, Part I, Line 33 SCHEDULE M, PART I, COLUMN (B): NUMBER OF CONTRIBUTORS OF SECURITIES REPRESENTS THE NUMBER OF SEPARATE GIFTS RECEIVED. Form 990, Part I, Line 6 VOLUNTEERS CONSIST OF UNCOMPENSATED BOARD MEMBERS. Form 990, Part VI, Section B, Line 11b A PDF OF THE FINAL DRAFT OF THE PUBLIC DISCLOSURE COPY OF THE 990, EXCLUDING SCHEDULE B CONTRIBUTORS, AND SUPPORTING SCHEDULES WAS PROVIDED TO THE SEATTLE OPERA AUDIT COMMITTEE AND ALL FOUNDATION BOARD MEMBERS FOR REVIEW AND COMMENT FOLLOWING PREPARATION OF THE RETURN BY MANAGEMENT AND REVIEW BY A PUBLIC ACCOUNTING FIRM. SINCE THE SEATTLE OPERA AND SEATTLE OPERA FOUNDATION FINANCIAL STATEMENTS ARE CONSOLIDATED, THE SEATTLE OPERA AUDIT COMMITTEE TAKES RESPONSIBILITY FOR REVIEWING BOTH THE FINANCIAL STATEMENTS AND THE TAX RETURNS. Form 990, Part VI, Section B, Line 12c BOARD MEMBERS REVIEW ALL REAL AND POTENTIAL CONFLICTS OF INTEREST AND TAKE APPROPRIATE ACTION TO MITIGATE OR ELIMINATE THEM. BOARD MEMBERS WITH ANY PERCEIVED CONFLICT OF INTEREST RECUSE THEMSELVES FROM VOTING ON RELATED SUBJECTS. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 CHANGE IN VALUE OF TRUST INSTRUMENTS 13,607 SEATTLE OPERA 363 MERCER STREET SEATTLE WA 98109 910760426 OPERA PERFORMANCE WA 501(C)(3) LINE 7 N/A 0 SONG & DANCE LLC 321 MERCER STREET SEATTLE WA 98109 710903362 RETAIL WA N/A 0 0 CHARITABLE REMAINDER TRUST (1) 219 1ST AVE N 125 SEATTLE WA 98109 MANAGE INVESTMENTS WA SOF T 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0