2025-12-18T15:00:12-07:00 2025-06-30 990 2024-07-01 911174712 SEATTLE OPERA FOUNDATION SEAT 2063897600 363 MERCER STREET SEATTLE WA 98109 Steven Phelps Board President 2063993827 2025-11-15 1 2024 2025-03-06 01:10:19Z STEVEN PHELPS 363 MERCER STREET SEATTLE WA 98109 10408115 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 1181710 267874 0 0 1286464 1307181 0 0 2468174 1575055 1355530 1361504 0 0 0 0 0 0 0 127028 127701 1482558 1489205 985616 85850 29876145 31971942 0 0 29876145 31971942 TO SUPPORT SEATTLE OPERA IN PURSUING ITS EXEMPT PURPOSE THROUGH CONTRIBUTION SUPPORT. 0 0 1361504 1361504 0 SEATTLE OPERA FOUNDATION DISTRIBUTIONS PROVIDE SUPPORT EXCLUSIVELY TO SEATTLE OPERA, AN INTERNAL REVENUE CODE 501(C)3 PUBLIC CHARITY. DURING ITS 2024/2025 SEASON, SEATTLE OPERA WITNESSED CONTINUED GROWTH OF IN-PERSON ATTENDENCE AT MCCAW HALL, TAGNEY JONES HALL, AND OTHER VENUES. THE OPERA INCREASED THE NUMBER OF PERFORMANCES SIGNIFICANTLY FROM THE PRIOR SEASON (32 VS 24), ESPECIALLY FOR BLOCKBUSTER SHOWS LIKE THE MAGIC FLUTE, TOSCA, AND PAGLIACCI. 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 ORCHESTRA. 0 0 0 1361504 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 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 1 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 3.00 0 X X 0 0 0 MILKANA BRACE 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 SUSANNA MORGAN BOARD MEMBER 3 0 X 0 0 0 JOSHUA RODRIGUEZ BOARD MEMBER 3 10 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 267874 2360 267874 0 0 0 0 0 901771 0 0 901771 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9238470 0 8833060 0 405410 0 405410 0 0 405410 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1575055 0 0 1307181 1361504 1361504 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7754 0 7754 0 0 0 0 0 0 0 118608 0 118608 0 0 0 0 0 0 0 0 0 125 0 125 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1792 0 1792 0 MISCELLANEOUS -578 0 -578 0 0 0 0 0 1489205 1361504 127701 0 1830117 1432958 0 0 0 0 0 0 0 0 27918420 30397767 0 0 0 127608 141217 29876145 31971942 0 0 X -579 0 29876724 31971942 29876145 31971942 29876145 31971942 X 85850 1996338 0 0 0 13609 X 0 1 X 0 0 X X 1 SEATTLE OPERA 910760426 7 1 1361504 0 1 1361504 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 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 0 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 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) 1361504 0 CASH PROGRAM SUPPORT 1 0 Schedule I, 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. Form 990, Part I, Line 6 VOLUNTEERS CONSIST OF UNCOMPENSATED BOARD MEMBERS Form 990, Part VI, Section A, Line 4 DURING THE TAX YEAR ENDING 30 JUNE 2025, SEATTLE OPERA FOUNDATION BOARD APPROVED AMENDING THE FOUNDATION'S BYLAWS FOR THE PURPOSE OF AMENDING OFFICER TERM LIMITS TO ANNUAL TERMS RATHER THAN BIANNUAL TERMS. Form 990, Part VI, Section B, Line 11b PDF OF THE FINAL DRAFT OF THE PUBLIC DISCLOSURE COPY OF THE 990 AND SUPPORTING SCHEDULES, EXCLUDING SCHEDULE B, WAS PROVIDED TO THE SEATTLE OPERA AUDIT COMMITTEE AND ALL FOUNDATION BOARD MEMBERS FOR REVIEW AND COMMENT FOLLOWING PREPARATION OF THE RETURN BY MANAGEMENT. 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 OF THE SEATTLE OPERA FOUNDATION. Form 990, Part VI, Section B, Line 12c EACH YEAR, SEATTLE OPERA FOUNDATION BOARD MEMBERS COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. REPORTED CONFLICTS ARE REVIEWED BY THE SEATTLE OPERA FOUNDATION BOARD, 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 C, Line 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 CHANGE IN VALUE OF TRUST INSTRUMENTS 13,609 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 SEATTLE OPERA b 1361504 CASH