Totals
- Total revenue
- $6,659,097
- Total expenses
- $7,807,385
- Contributions and grants received
- $4,249,074
- Grants paid
- $0
- Program service revenue
- $1,918,207
- Investment income
- $27,347
- Other revenue
- $464,469
- Total assets, end of year
- $13,529,641
- Total liabilities, end of year
- $2,039,933
- Net assets or fund balances, end of year
- $11,489,708
- Program services expenses (Part IX)
- $5,958,206
- Management and general expenses
- $929,941
- Fundraising expenses
- $919,238
- Program service expenses (Part III)
- $5,958,206
Program services were 76.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$19,850
-
1e · Government grants (contributions)
$323,243
-
1f · All other contributions, gifts and grants
$3,905,981
-
2a · Program service revenue: TICKET SALES
total $1,918,207 · related or exempt $1,918,207
-
3 · Investment income
total $27,169 · excluded $27,169
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $178
-
7c · Gain or loss
securities $178
-
7d · Net gain or loss
total $178 · excluded $178
-
8a · Fundraising events: gross income
$768,027
-
8a · Fundraising events: contributions included on line 1c
$19,850
-
8b · Fundraising events: direct expenses
$192,955
-
8c · Net income from fundraising events
total $575,072 · excluded $575,072
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$945,422
-
10b · Cost of goods sold
$1,150,153
-
10c · Net income from sales of inventory
total -$204,731 · unrelated business -$204,731
-
11a · Other revenue: OTHER INCOME
total $94,128 · related or exempt $94,128
-
11e · Other revenue, total
$94,128
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $519,994 · program services $28,757 · management and general $304,315 · fundraising $186,922
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $2,977,149 · program services $2,437,675 · management and general $162,976 · fundraising $376,498
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $386,337 · program services $304,829 · management and general $35,189 · fundraising $46,319
-
10 · Payroll taxes
total $247,909 · program services $172,133 · management and general $35,940 · fundraising $39,836
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $134,619 · program services $10,912 · management and general $53,632 · fundraising $70,075
-
12 · Advertising and promotion
total $412,781 · program services $391,128 · fundraising $21,653
-
13 · Office expenses
total $179,200 · program services $43,053 · management and general $132,163 · fundraising $3,984
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $469,229 · program services $362,424 · management and general $102,921 · fundraising $3,884
-
17 · Travel
total $265,677 · program services $254,726 · management and general $5,742 · fundraising $5,209
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $34,223 · management and general $34,223
-
23 · Insurance
total $108,278 · program services $108,278
-
24a · Other expenses: PRODUCTION COST
total $1,385,544 · program services $1,237,315 · fundraising $148,229
-
24b · Other expenses: OUTSIDE SERVICES
total $381,780 · program services $331,259 · management and general $43,160 · fundraising $7,361
-
24c · Other expenses: BANK AND OTHER FEES
total $158,331 · program services $158,331
-
24d · Other expenses: TELEPHONE AND INTERNET
total $112,400 · program services $112,400
-
24e · All other expenses
total $33,934 · program services $4,986 · management and general $19,680 · fundraising $9,268
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,064,983 · end of year $1,386,083
-
2 · Savings and temporary cash investments
beginning of year $39,935 · end of year $41,642
-
3 · Pledges and grants receivable
beginning of year $284,029 · end of year $1,121,283
-
4 · Accounts receivable
beginning of year $244,137 · end of year $145,332
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $65,405 · end of year $61,427
-
9 · Prepaid expenses and deferred charges
beginning of year $431,446 · end of year $437,388
-
10a · Land, buildings and equipment: cost or other basis
$737,223
-
10b · Land, buildings and equipment: accumulated depreciation
$606,650
-
10c · Land, buildings and equipment, net
beginning of year $159,947 · end of year $130,573
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $9,084,120 · end of year $9,540,519
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $869,534 · end of year $665,394
-
17 · Accounts payable and accrued expenses
beginning of year $438,502 · end of year $472,392
-
19 · Deferred revenue
beginning of year $204,754 · end of year $881,205
-
25 · Other liabilities
beginning of year $886,877 · end of year $686,336
-
27 · Net assets without donor restrictions
beginning of year $2,428,888 · end of year $1,888,814
-
28 · Net assets with donor restrictions
beginning of year $9,284,515 · end of year $9,600,894
Mission and programs · 2023
Mission
MISSION: THE MISSION OF SAN DIEGO OPERA IS TO DELIVER EXCEPTIONAL PERFORMANCES AND EXCITING, ACCESSIBLE PROGRAMS TO DIVERSE AUDIENCES, FOCUSING ON COMMUNITY PARTNERSHIPS, AND THE TRANSFORMATIVE AND EXPRESSIVE POWER OF THE HUMAN VOICE.AS PART OF ITS MISSION TO MAKE OPERA ACCESSIBLE TO ALL, SAN DIEGO OPERA OFFERS EXTENSIVE OPERA EDUCATION AND OUTREACH PROGRAMS, WHICH SERVE ADULTS AND SCHOOL CHILDREN IN SAN DIEGO COUNTY AND NORTHERN MEXICO, WITH A SPECIAL EMPHASIS ON DISADVANTAGED CHILDREN.VISION: THE SAN DIEGO OPERA WILL BE RECOGNIZED INTERNATIONALLY AS A LEADING EXAMPLE OF ADAPTABILITY, INNOVATION, AND SUSTAINABILITY, PROMOTING DIVERSITY ON STAGE, IN OUR REPERTOIRE, AND IN OUR STAFF AND LEADERSHIP, WITH A COMMITMENT TO THE WORLD.
Activities or mission (Part I)
THE MISSION OF SAN DIEGO OPERA IS TO DELIVER EXCEPTIONAL PERFORMANCES AND EXCITING, ACCESSIBLE PROGRAMS TO DIVERSE AUDIENCES, FOCUSING ON COMMUNITY ENGAGEMENT AND THE TRANSFORMATIVE AND EXPRESSIVE POWER OF THE HUMAN VOICE. AS PART OF ITS MISSION TO MAKE OPERA ACCESSIBLE TO ALL, SAN DIEGO OPERA OFFERS EXTENSIVE OPERA EDUCATION AND OUTREACH PROGRAMS, WHICH SERVE ADULTS AND SCHOOL CHILDREN IN SAN DIEGO COUNTY AND NORTHERN MEXICO, WITH A SPECIAL EMPHASIS ON DISADVANTAGED CHILDREN.
-
DURING THE YEAR ENDED JUNE 30, 2024, SAN DIEGO OPERA PRODUCED THREE MAIN STAGE PRODUCTIONS AT SAN DIEGO CIVIC THEATER COUPLED WITH TWO CONCERTS AT BALBOA THEATRE.
Expenses $5,692,969 · Revenue $1,918,207
-
AS PART OF ITS MISSION TO MAKE OPERA ACCESSIBLE TO ALL, SAN DIEGO OPERA OFFERS EXTENSIVE OPERA EDUCATION AND OUTREACH PROGRAMS, WHICH SERVE ADULTS AND SCHOOL CHILDREN IN SAN DIEGO COUNTY AND NORTHERN MEXICO, WITH A SPECIAL EMPHASIS ON DISADVANTAGED CHILDREN.
Expenses $265,237 · Revenue $94,128
As filed on the 2023 return.
Listed in Part VII
-
David BennettDAVID BENNETT
GENERAL DIR
- Total calculated
- $330,478
- From this org
- $311,154
- From related orgs
- $0
- Other
- $19,324
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $311,154
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $19,324
- Filer's total
- $330,478
-
Jeannie PosnerJEANNIE POSNER
CFO/COO (FMR)
- Total calculated
- $258,942
- From this org
- $241,788
- From related orgs
- $0
- Other
- $17,154
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $241,788
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $17,154
- Filer's total
- $258,942
-
Bruce StasynaBRUCE STASYNA
RES. CONDUCTOR
- Total calculated
- $160,740
- From this org
- $149,075
- From related orgs
- $0
- Other
- $11,665
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,075
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $11,665
- Filer's total
- $160,740
-
Matthew GraberMATTHEW GRABER
CHIEF MKTG & COM
- Total calculated
- $117,644
- From this org
- $113,700
- From related orgs
- $0
- Other
- $3,944
- Hours/week
- 40
-
Joan FosterJOAN FOSTER
PRODUCTION DIR
- Total calculated
- $117,268
- From this org
- $103,815
- From related orgs
- $0
- Other
- $13,453
- Hours/week
- 40
-
Peter ShavitzPETER SHAVITZ
CDO
- Total calculated
- $112,863
- From this org
- $108,539
- From related orgs
- $0
- Other
- $4,324
- Hours/week
- 40
-
Robert H Kaplan PhDROBERT H KAPLAN PHD
VP FINANCE
- Total calculated
- $0
- Hours/week
- 4
-
Sarah B Marsh-Rebelo GgSARAH B MARSH-REBELO GG
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 4
-
Janet White Ma MBA CsciJANET WHITE MA MBA CSCI
President
- Total calculated
- $0
- Hours/week
- 4
-
Brett McClainBRETT MCCLAIN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Veronica Leff MamVERONICA LEFF MAM
Director
- Total calculated
- $0
- Hours/week
- 2
-
Linda SpuckLINDA SPUCK
Executive VP
- Total calculated
- $0
- Hours/week
- 4
-
Clarice PerkinsCLARICE PERKINS
Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Joann ClarkJOANN CLARK
Director
- Total calculated
- $0
- Hours/week
- 2
-
Karl Hostetler MDKARL HOSTETLER MD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Joan HenkelmannJOAN HENKELMANN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Beau HaughBEAU HAUGH
Director
- Total calculated
- $0
- Hours/week
- 2
-
Carol LazierCAROL LAZIER
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ronald G Leonardi PhDRONALD G LEONARDI PHD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Joseph P MartinezJOSEPH P MARTINEZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Coreen G PettiCOREEN G PETTI
Director
- Total calculated
- $0
- Hours/week
- 2
-
Brett MacLeodBRETT MACLEOD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Robin Allgren MD PhDROBIN ALLGREN MD PHD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jason PaguioJASON PAGUIO
Director
- Total calculated
- $0
- Hours/week
- 2
-
Gloria M Shurman PhDGLORIA M SHURMAN PHD
Director
- Total calculated
- $0
- Hours/week
- 2
-
M Lindenstein Walshok PhDM LINDENSTEIN WALSHOK PHD
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SAN DIEGO OPERA ASSOC ENDOWMENT TRUST
501(C)(3) · SUPPORT SDO · CA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511299349303101
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