Seattle Opera

“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.”

“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 of the return by management and review by a public accounting firm. Schedule b is redacted from the 990 provided to the board, to preserve confidentiality of donors.”

“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.”

“The general 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 director, which covers a five year period.”

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“Seattle opera's governing documents, conflict of interest policy, and audited financial statements are available to the public upon request.”

“Seattle opera volunteers include board members, subscribers, patrons, and members of the public. During the year ending 6/30/24, 147 volunteers contributed an estimated 14,849 hours to seattle opera.”

“Artist fees: program service expenses $2,138,680 management and general expenses $7550 fundraising expenses $2,000 theatre support: program service expenses $391,893 fundraising expenses: $1214. Consultants: program service expenses $55,808; management and general expenses $163,796; fundraising expenses $29,910. Co-production costs: program service expenses $150,000. All other: program service expenses $17,329; management and general expenses $99,385; fundraising expenses $(24,263). Total to form 990, part xi, line 9: $3,033,302.”

“Change in value of pension and retirement: $204,585. Change in value of trust instruments: $217,134. Total to form 990, part xi, line 9: $421,719.”