Annual Report 2010

Page

Photo: Matthew Staver

Annual Report 2009

OPERA COLORADO BOARD OF DIRECTORS LEADERSHIP Officers Kenneth Barrow — Chairman Marcia Robinson — President* Ellie Caulkins — Lifetime Honorary Chairman* Sheila Bisenius— Chairman Emeritus Merrill Shields — Secretary* Charles Kafadar — Treasurer* Dirk deRoos — Vice President, General Counsel* Carol Whitley — Vice President

Committee Chairs Susan Adams — Co-Chair, Volunteers* Stephen Dilts — Co-Chair, Education and Community Programs* Joy Dinsdale — Co-Chair, Education and Community Programs* Michael Hughes — Chair, Development Committee* Charles Kafadar — President, Opera Colorado Foundation* Debra Tepper — Co-Chair, Volunteers* Larry Zimmer - Chair, Marketing Committee* Donna and Kenneth Barrow

Directors Directors Bruce Allen Suzanne Bucy Elizabeth Carver Liane Clasen Dirk de Roos Hugh Grant Craig Johnson Ursula Kafadar* Kalleen Malone William Maniatis Pamela Merrill Rhea Miller Muffy Moore Gerald Saul Alessandra Schulein Jeremy Shamos Jeffrey Sherman Shirley Smith Robert Swift

Honorary Directors Jill Irvine Crow Nellie Mae Duman Jeremy Kinney Carla Lucero Kolomitz Debbie Lazarus Barbara McDonnell Susan Shamos Lifetime Honorary Director Loring W. Knoblauch

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OPERA COLORADO STAFF Gregory Carpenter, General Director ADMINISTRATION Darrel Curtice, Director of Finance and Administration Julie Nowasell, Staff Accountant

ARTISTIC AND PRODUCTION Brad Trexell, Director of Artistic Planning Hally Albers, Production Manager George Twombly, Artistic Administration

DEVELOPMENT Lisa R. James, Director of Development Jacob Stauber, Manager of Annual Giving Lyon Frazier, Development Systems Manager Laurie Marshall, Manager of Corporate and Foundation Relations

EDUCATION Cherity Koepke, Director of Education and Community Programs Emilie Elmore, Manager of Education and Community Programs

MARKETING

Photo: Matthew Staver

Rex Fuller, Director of Marketing Heather Tinley, Marketing & Promotions Coordinator Laura Kirby, Ticket Services Manager Katie Bulota, Assistant Ticket Services Manager Ben Davis, Group Sales & Ticketing Services Assistant

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Brian Stucki and Lucas Meachem as Countt Almaviva nd Figaro

Photo: Matthew Staver

Photo: Matthew Staver

Hansel and Gretel, Opera Colorado’s touring production in schools across the state of Colorado

photo by Matt Staver Page 4

A Message from the General Director Dear Friends: Opera Colorado’s two most valuable assets are our programs and our supporters. Throughout 2010 we continued to present productions and education programs of the highest quality and our supporters responded generously.

Although the Denver Metro Area economy began to see some positive trends in 2010, we continued to experience the challenging effects of a slowly recovering economy in both ticket sales and in contributions. To that end, the Board of Directors, professional staff and volunteers formed a Long Range Planning Committee to evaluate Opera Colorado from top to bottom. Our process began with extensive surveying of stakeholders (subscribers, ticket buyers, board members, staff, volunteers and outsiders).

The data we have collected has been highly informative and has helped us plot a course for the future which includes changes to our fiscal planning, innovative initiatives in revenue generation, and commitments to balanced budgets.

Although the 2010 year-end financial results were less than what we expected, we do feel strongly that year-by-year we are making smart decisions, both financially and artistically. We see the 2011 Fiscal Year as a year of increased opportunity to make significant positive changes to our operating model which will set us on the path of long-term financial stability.

I wish to thank our Board of Directors, staff, volunteers, ticket buyers and contributors for their loyal and generous support of our programs. With their enthusiasm we will accomplish great things and continue to be an exciting artistic force in our community.

Thank you,

Greg Carpenter General Director

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2010 Productions The productions presented in 2010 were three classic Italian operas that have become mainstays of the operatic repertoire. Opera Colorado was proud to present Rossini’s comic masterpiece The Barber of Seville, and two of Puccini’s most beloved romantic tragedies Tosca and La Bohéme . Opera Colorado continued its 28 year history of collaboration with the Colorado Symphony Assciation as the official orchestra of Opera Colorado.

Photo Credit: Matthew Staver

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THE BARBER OF SEVILLE SPONSORED BY: Boettcher Foundation, Ellie Caulkins Susan and Jeremy Shamos, Mike and Julie Bock, CIBER, Inc., Tanya R. Mathews, The Ritz-Carlton, Denver

February 6, 9, 12 & 14, 2010 Ellie Caulkins Opera House Opera in Two Acts Composed by Gioacchino Rossini Libretto by Cesare Sterbini

Attendance: 7,901 Fiorello

Ted Federle**

Count Almaviva,

Brian Stucki*

Figaro

Lucas Meachum*

Rosina

Isabel Leonard*

Doctor Bartolo

Thomas Hammons

Berta

Donata Cucinotta**

Ambrogio

Brendan Daly**

Basilio

Wayne Tigges*

Officer

Alexander Scopino** _________________________

Photo Credit: Matthew Staver

Conductor

Leonardo Vordoni*

Stage Director

David Gately

Assistant Director

Diane Lin

Costume Designer

Anna Bjรถrnsdotter*

Set Designer

John W. Stoddard*

Lighting Designer

Mark Gabriel De Bell*

Chorus Master

John Baril

Wig and Makeup Design

Ronell Oliveri

*Opera Colorado Debut

**Opera Colorado Young Artist

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TOSCA SPONSORED BY: Boettcher Foundation, Ellie Caulkins, Susan and Jeremy Shamos, Pamela Merrill, Merle Chambers and Hugh Grant, Hilja K. Herfurth, Joy and Chris Dinsdale, The Colorado Trust—Dr. and Mrs. William A. Maniatis April 24, 27, 30 and May 2, 2010 Ellie Caulkins Opera House Opera in Three Acts Composed by Giacomo Puccini Libretto by Luigi Illica and Giuseppe Giacosa Attendance: 8,015 Cesare Angelotti

Alexander Scopino**

Sacristan

Phillip Cokorinos*

Mario Cavaradossi

Antonello Palombi*

Floria Tosca

Sondra Radvanovsky**

Baron Scarpia

Greer Grimsley

Spoletta

Matthew DiBattista

Scarrone

William O’Neil*

Voice of a Shepherd Boy

Donata Cucinotta**

The Jailer

Alexander Scopino** _____________

Photo Credit: Matthew Staver

Conductor

Stephen Lord

Stage Director

Ron Daniels

Associate Conductor

Robert Wood*

Assistant Director

Tara Faircloth*

Chorus Master

John Baril

Set and Costume Designer

Thierry Bosquet*

Lighting Designer

Chris Maravich

Wig and Makeup Design

Ronell Oliveri

*Opera Colorado Debut

**Opera Colorado Young Artist

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LA BOHÉME SPONSORED BY: Boettcher Foundation, Ellie Caulkins, Hilja K. Herfurth, Charles and Ursula Kafadar, Mr. and Mrs. Benjamin Schulein, The Colorado Trust—Dr. and Mrs. William Maniatis

November 6, 9, 12, 14 & 16, 2010 Ellie Caulkins Opera House Opera in Four Acts Composed by Giacomo Puccini Libretto by Luigi Illica and Giuseppe Giacosa Based on Scenes de la vie de bohéme by Henri Müger Attendance: 10,181 Marcello

Morgan Smith*

Rodolfo

Richard Troxell*

Colline

Ryan Green**

Schaunard

Elliot Madore

Benoit/Alcindoro

Thomas Hammons

Mimí

Ina Dukach*

Prune Vendor

Zach Rodasti*

Parpignol

Steven Walz

A Boy

Chris Woodley*

Musetta

Sari Gruber*

Customs Officer

Antoine Hodge*

Sergeant

Benjamin Moore** _________________

Photo Credit: Matthew Staver

Conductor

Sebastian Lang-Lessing

Stage Director

Andrew Sinclair

Assistant Director

Emily Murdock

Scenid Design

R. Keith Brumley*

Costume Design

Susan Memmett Allred

Lighting Designer

Mark Gabriel DeBell

Chorus Master

John Baril

Wig and Makeup Design

Ronell Oliveri

*Opera Colorado Debut

**Opera Colorado Young Artist

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Education & Community Programs 2010-2011

Opera Colorado reached a total of 29,202 students and adults during the 20102011 school year through programs conducted by the Education & Community Programs department. This is an increase of 2,597 from the total number of people served in the 2009-2010 school year.

Programs for students reached a total of 21,036 from 111 Colorado schools during the 2010-2011 school year (list of schools and districts served follows report). This is an increase of 926 students from the 2009-2010 school year.

Community and audience development programs for adults reached 8,166 during the 2010-2011 season. This is an increase of 1,671 from the 2009-2010 season.

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SCHOLARSHIPS We provided $7,064 in scholarships, allowing 5,336 students from 16 schools and 2 community venues to attend Backstage Workshops, Student Dress Rehearsals, the Student Matinee, Arias & Ensembles and Outreach Performances. These programs were held at the Ellie Caulkins Opera House and at venues throughout the state of Colorado. This is an increase of $1,932 and 3,815 people from the 2009-2010 season. The money to fund every scholarship we awarded came from Pathways funds from the SCFD and specific grants awarded from HealthONE and the Melvin & Elaine Wolf Foundation.

FIELD TRIPS Student Performances 4,605 students from 74 schools attended Student Dress Rehearsals of La Boheme, Rusalka and Cinderella as well as a student matinee performance of Cinderella.

For the first time, we conducted a talk-back with students after the student matinee of Cinderella. It was a huge success and over 250 students stayed for 45-minutes after the matinee performance and interacted with Opera Colorado staff and the Opera Colorado Young Artists. This will now become an annual experience.

Approximately 40 volunteers assisted with field trips, helping with such things as bus arrival, checking in groups and assisting school groups with locating their assigned seating.

BACKSTAGE WORKSHOPS 972 students from 22 schools attended this year’s Backstage Workshops.

Backstage Workshops are one of our most popular programs. We added an additional workshop this year to accommodate the increase in demand and we still sold out.

This program allows students the chance to learn first-hand about the skills needed to produce opera. The ECOH becomes a living classroom as small groups of students move from station to station, learning about stage management, design, stage combat, professional singing, conducting, directing, wigs and make-up and costumes. There were a total of 12 volunteer docents per day for 7 days involved in these education activities. The company (including production staff, singers, chorus, and guest presenters) provided at least 8 additional volunteers for each of these activities.

Pre-Performance Lectures / Post Opera Talk-Backs 3,373 people attended the pre-performance lectures for the productions of La Boheme, Rusalka and Cinderella. The lectures are free to anyone attending the performance. Here, patrons attending the opera have the opportunity to hear various information regarding the composer; as well as learn the history of the time and other details. Lectures are presented 1-hour prior to the performance.

For the first time, we offered two different types of lectures during the run of Cinderella. Betsy Schwarm continued to present her pre-performance lecture and we were able to use the new loft space on the 4th floor of the opera house. This left the house available for Cherity Koepke to hold a lecture that was geared more for new opera-goers and families. Having two options proved to be very successful and we are discussing continuing to provide this for future operas.

Opera-goers also had the opportunity to participate in a post opera talk-back with General Director Greg Carpenter and Director of Artistic Planning Brad Trexell. This open forum allows people to ask questions and get more information about the production they have just seen. 459 people attended talk-backs this season.

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IN-SCHOOL OUTREACH PROGRAMS Opera Colorado reached 13,744 students through the following in-school outreach programs: Hansel and Gretel and Romeo & Juliet, Arias and Ensembles, Opera Trunks, In-School Workshops and the SCFD Alliance Project.

Example: Opera Trunks This outreach program reached 954 students at 6 schools this year. The Opera Trunk is filled with hands-on instructional materials for a teacher to prepare his or her students to attend the student matinee, student dress rehearsal or in-school performance.

The program can also stand on its own as an arts education experience. An Opera Colorado teaching artist delivers the trunk to the classroom/school and presents a 45-minute hands-on workshop about the opera utilizing resources provided in the trunk.

The teacher and students then have access to the trunk in their classroom for 1 week to continue learning about the opera on their own.

We saw a marked decrease in the number of trunks this year. In response to that, we have changed the way that the program is marketed and will closely monitor the response we receive during the 2011-2012 school year.

Example: Humperdinck’s Hansel and Gretel This outreach program reached 8,415 students at 26 performance venues this year making it our most successful outreach production to date. Originally written by Engelbert Humperdinck, the opera was abridged by Cherity Koepke and Steven AguiloArbues. The finished product is a 45-minute opera, sung in English and performed by 5 singers with piano. The production is fully staged and costumed.

Example: Gounod’s Romeo & Juliet The second year of our touring production of Romeo & Juliet saw a marked increase in demand from the 2009-2010 season. In 2010-2011 the production reached an audience of 3,987 people through 12 performances. The production brought Gounod’s opera and Shakespeare’s text together into one unique experience. Brad Trexell and Cherity Koepke co-directed the production which was updated to appeal to today’s modern audience.

Example: SCFD Alliance Project We reached 388 students through the SCFD/SCC Alliance Project. The Alliance Project targets Middle Schools with an invitation for them to offer a challenge on how we can meet their educational needs. Combining the students and school’s needs with the talents and professional demands of SCFD Tier II organizations is a very large project. Some of the programs we conducted this year were vocal performance and concert preparation workshops, poetry performance and audience etiquette classes. We saw a decline in the numbers of students we reached through the Alliance Project in the 2010-2011 school year due to a decrease in tax revenue which meant a lower amount of funds available for distribution. We are hopeful that tax revenue will increase in the 2011-2012 school year, allowing us the opportunity to work with more schools and students.

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GENERATION OC In the 2009-2010 season, we began a pilot program called Generation OC. This program was (and remains) unlike any other arts education program in the state of Colorado. Students learn to apply real-world skills such as critical thinking and problem solving as they work on a project using an opera and Opera Colorado as the catalyst and framework. This program was developed in a response to the changing face of education and the new focus on 21st Century Workforce Readiness. It was more successful than we could have ever predicted.

In the fall of 2010, we worked with 8th grade language arts students from Rocky Heights Middle (Lakewood) school and in the spring of 2011 we were at Montbello High School (Denver) working with 9th-12th grade choir students. Approximately 395 students at these schools received more than 120 hours of instruction by and interaction with Opera Colorado staff and teaching artists.

We are excited that Generation OC will continue during the 2011-2012 school year. Planning is currently underway for the first session to be held in the fall of 2011.

ADULT EDUCATION Arias & Ensembles This outreach program reached 1,363 adults at 20 performances this year. This program consists of operatic arias, duets, trios and ensembles from Opera Colorado productions as well as other great operatic and musical theatre repertoire. The program is performed by our young artists and accompanied by a pianist.

Art Song Recitals ArtSong Recitals are special recital programs featuring each of the Opera Colorado Young Artists. We had our largest audiences yet at this season’s recitals due in large part to the buzz surrounding this year’s ensemble and targeted marketing. We reached 680 people through the ArtSong recital series.

ROMEO & JULIET – as an audience development tool For the first time, we were able to use Romeo & Juliet, one of our outreach productions as an audience development tool. During the 2010-2011 season, we reached a total of 575 adults. Plans are currently being developed to continue using outreach productions in this way.

Special Events and Performances reached 1,320 students and 1,626 adults this year. These included the Una Gran Festa dinners, CzechPoint events, the Adam County Career Expo, a performance at Governor’s Mansion in Denver, the Annual Colorado Thespian Convention, the Career & Internship Expo at Denver University, performances at the Children’s Museum, performances at the Italian Festival at Belmar and a special performance of Romeo & Juliet for the Opera Colorado Board of Directors.

EDUCATION & COMMUNITY PROGRAMS STUDENT TOTAL Student Total

21,036

EDUCATION & COMMUNITY PROGRAMS ADULT TOTAL Adult Total

8,166

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Annual Fund Contributors 2010

Foundation, Corporate and Government Contributors

ANGEL ($100,00+) Avenir Foundation The Citizens of the Scientific & Cultural Facilities District COMPOSER ($50,000+) Boettcher Foundation Bonfils-Stanton Foundation Shamos Family Foundation IMPRESARIO ($20,000+) Chambers Family Fund Galen & Ada Belle Spencer Foundation Gates Family Foundation The Colorado Trust Directed Contributions Program DIRECTOR ($10,000+) Bucy Family Foundation CIBER, Inc. Colorado Creative Industries Denver Post Charities Faegre & Benson LLP HealthONE Jeanne Land Foundation JFM Foundation Profit Planning Group The Crawley Family Foundation Virginia W. Hill Foundation

COMPRIMARIO ($1,000+) Carson-Pfafflin Family Foundation J. K. Mullen Foundation Priester Foundation The Armstrong Foundation The Dobbins Foundation The Ethan James Foundation The Louis and Harold Price Foundation The Publishing House University of Denver William D. Radichel Foundation CHORISTER ($500+) Freeman Family Foundation Petrie-Bowen Charitable Trust AFICIONADO ($250+) Anonymous Case and St. Cloud Co. Elmer F. Pierson Foundation Steel Street Wealth Manager Services

MAESTRO ($5,000+) Ann & Gordon Getty Foundation Denver Lyric Opera Guild Fine Arts Foundation Hawk Family Foundation Kinder Morgan Foundation The Anschutz Foundation Tulsa Community Foundation Wells Fargo Foundation Wittow Foundation Xcel Energy Foundation DIVA ($2,500+) Caulkins Family Foundation David B. and Gretchen E. Black Family Foundation Fuller Family Fund Jess & Rose Kortz and Pearl Rae Foundation Kinney Oil Company Melvin & Elaine Wolf Foundation, Inc The Garrett Family Foundation The Schramm Foundation Page 14

Annual Fund Contributors 2010 Individuals

Muse ($250,000+) Ellie Caulkins Angel ($100,000+) Anonymous Composer ($50,000+) Suzanne W. Joshel Estate and Irrevocable Trust Mrs. Nathaniel C. Merrill Susan and Jeremy Shamos Impresario ($20,000+) Anonymous Mr. and Mrs. Kenneth T. Barrow Ms. Rita I. Bass and Mr. William K. Coors Mike and Julie Bock Mr. and Mrs. Chris Dinsdale Dave and Pam Duke Hugh A. Grant and Merle C. Chambers Ms. Hilja K. Herfurth Mr. and Mrs. Arthur F. Holland Dr. and Mrs. Charles B. Kafadar Dr. and Mrs. William Maniatis Mr. and Mrs. Richard L. Robinson Mrs. Beatrice B. Taplin Estate of Beverly A. Walker Director ($10,000+) Mrs. Susan Adams Mr. Bruce Allen Al and Rebecca Bates Ms. Sheila S. Bisenius Peyton and Suzanne Bucy Mr. Gregory A. Carpenter NoĂŤl and Thomas Congdon Dr. Stephen Dilts James Donaldson and Ellen Anderman Mr. and Mrs. C. Y. Harvey Harley and Lorraine Higbie Mr. Michael Hughes and Ms. Karen L. Brody Mr. and Mrs. Jeremy F. Kinney Estate of Roy G. Krug Mr. and Mrs. Robert J. Malone Michael J. Marks Ms. Tanya R. Mathews Mrs. Jan P. Mayer Mrs. Rhea Miller

Robert R. and Marty Montgomery Ms. Muffy Moore and Mr. Al Minier Mr. and Mrs. Leonard M. Perlmutter Debra Perry and Jeff Baldwin Ann and Gerald Saul Mr. and Mrs. Benjamin Schulein Merrill Shields and M. Ray Thomasson Marlis and Shirley Smith Patrick Spieles and Carol McMurry Mr. and Mrs. Charles I. Thompson The Tooth Fairy Mr. and Mrs. William H. Tracey

Honorable and Mrs. Kenneth Laff Dr. and Mrs. Jeremy Lazarus Dr. and Mrs. Charles L. Lyford Mr. and Mrs. George R. Ondeck Ms. Lisa Pinto and Mr. Paul Wimer Mr. and Mrs. John Priester Charles and Reta Ralph Nijole and Walter Rasmussen Juan and Alicia Rodriguez helen Santilli and Lyn Barber Synergy Fine Wines Sandy Wolf

Maestro ($5,000+) Anonymous Mary and Tom Conroy Mr. and Mrs. Robert Damrauer Stasia Davison Mary Sue and Bob Hawk Estate of Patricia K. Johnson Diana W. and Mike Kinsey Frank and Virginia Leitz Ms. Clarice M. Montgomery Rene and Don Morgan Mr. and Mrs. Craig A. Ponzio Myra and Robert Rich Mr. and Mrs. George G. Shaw Ruth S. Silver Linda and Paul Sinsar Byron Watson Mrs. Carol C. Whitley Mr. and Mrs. Russell Wilkins II Herbert L. and Sandra Wittow Larry and Brigitte Zimmer

Comprimario ($1,000+) Anonymous Tucker and Daniel Adams Mr. and Mrs. Mark P. Addison Ms. Ursel K. Albers Ed Altman and Dina Brudenell Altman Mr. and Mrs. William D. Armstrong Mr. and Mrs. Kenneth O. Avery Mr. Hartman Axley Mr. John E. Baril and Mr. Brian Cook Jan and Charles Baucum Brian Bennett and Bev Daniels Rene Blanchette Brian Bross and Bonnie Daniels Lew and Leslie Cady Mr. and Mrs. Douglas M. Cain Mrs. Sue M. Cannon Mark and Margaret Carson Mr. David I. Caulkins Mr. and Mrs. George P. Caulkins III Mr. John N. Caulkins Mr. and Mrs. Maxwell Caulkins Sue and Harold Cohen G. Kevin and Virginia Conwick Steve and Pat Corder Mr. Ronald Covey Ze and Dick Deane Mr. Tyson Dines III Melinda and Peter Douglas Dr. and Mrs. Louis Duman L. Richard and Sigrid Halvorson Freese Mr. and Mrs. George C. Gibson Deborah Hayes and James L. Martin III Drs. Kathryn Hobbs and Marc Cohen Eileen Honnen

Diva ($2,500+) Anonymous Mr. and Mrs. Evan R. Anderman Mr. James L. Berggren and Mr. Donald Bennett Robin E. Black Peter H. Blair Mr. and Mrs. Robert B. Clasen Mr. David Clayton and Ms. Martia Kontak Caroline Corkey Bollinger Mr. and Mrs. John Fuller Ms. Jennifer Garrett Mr. Robert S. Graham Craig N. Johnson and Alicia McCommons

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Mr. and Mrs. Robert J. Jennett Gary and Judith Judd Joe and Francine Kelso Mr. and Mrs. Taylor Kirkpatrick Greg and Carla Kolomitz Mr. and Mrs. Edward J. Krisor Ms. Carole Leight Paul and Carol Lingenfelter Mr. and Mrs. Harold R. Logan Jr. Hon. and Mrs. Carlos F. Lucero Mr. and Mrs. Loren Mall Jim and Carole McCotter Mr. Dominic L. Meylor Paul and Phyllis Miller Dr. Monica I. Minkoff and Mr. Harry M. Siegfried Ms. Janet Mordecai Dr. and Mrs. Calvern E. Narcisi Bonnie C. Perkins Zondra Rae Pluss Bruce Polkowsky and William Powell Frederick Poppe, Jr. and Jana Edwards Mr. Thomas J. Powers Jr. Jack Race Steven and Joan Ringel Daniel L. Ritchie Niel Robertson Mr. and Mrs. Karl A. Schmid Dr. and Mrs. Edwin R. Smith Dr. and Mrs. Richard Southwell Rosemarie and James D. Voorhees Mr. Timothy Sweeney Mr. and Mrs. Robert Swift Ms. Susan Edith Taylor and Mr. Christopher H. Price Brian K. Thomson and Janet N. Moore Mr. and Mrs. John R. Trigg Dick and Jean Watt Mr. and Mrs. Blair and Salina Whitaker Jeri Zucherman Chorister ($500+) Anonymous Mr. and Mrs. Donald J. Albright Marilyn and Jules Amer Stan and Marianne Anderson Ms. Sue Anschutz Rodgers Mr. Dagmar Kress Bassett Dr. and Mrs. Sol H. Bassow Peter Batty and Paula Kechichian Gregory Beattie and Stephanie Narcy Mr. and Mrs. Fredric H. Bender Mr. Mitchell Benedict III Charles Berberich and Marilyn Munsterman Drs. Tomas and Diane Berl Ms. Karen M. Bruggenthies Dr. Bill and Betty Buchanan Rogene and Sandy BuchholzMr. and Mrs. James T. Bunch Judy and Duncan Burdick

Bart and Jane Burnett Mr. and Mrs. Lawrence G. Carpenter Marjorie and Doug Carriger Mr. and Mrs. James A. Carty Dr. John and Elizabeth Carver Charlie Case and Val & Phillip St. Cloud Ronald and Donna Charlin Mr. and Mrs. Alan Charnes Ms. Judy Chiodo David and Joan Clark Ms. Kathryn Codo Mr. Robert I. Cohen and Ms. Gloria J. LillyCohen Ms. Catherine P. Cole

Donna and Ted Connolly Dr. Robert Contiguglia Eric Coomer and Amber Hess Mr. and Mrs. Thomas Cox Mr. Brian D. Crane Nancy Crow and Mark Skrotzki Ms. Cheryl M. Cruickshank Hope Curtis Carolyn E. Daniels Charles and Eleanor DePuy George and Yonnie Dikeou Richard T. and Margaret N. Dillon Jerri Lynn Modrall and Eric E. Doering T. J. Donahue Peter and Marian Downs Laurie and Ben Duke III Walter W. and Maryruth Y. Duncan Kate Emerich Dr. Terry and Rebecca Escamilla

Amy Feaster Jack Finlaw and Gregory Movesian Dr. and Mrs. Larry S. Fisher Mr. and Mrs. Robert Follett Fredrick Fraikor and Judith M. JonesFraikor Terry Frazier and Kathy Wells Joyce and Sam Freeman Jeff and Kathy Friedland Baryn Futa Cynthia J. Garnier and Kenneth K. Hisamoto Alan and Sally Gass Mr. and Mrs. John Geister Max and Pat Grassfield

Dr. and Mrs. Daniel J. Greenholz Carol and Fred Grover Mr. and Mrs. Ronald R. Guse Tom and Joan Hadden Dr. Lowell and Jesse Hansen Mr. Thomas E. Healy and Ms. Erin S. Colcannon Hal and Marty Hendershot Beverlee Henry and The Honorable Robert P. Fullerton Lee and Margaret Henry Ms. Ann Heyler Pat Pascoe Carol A. Hoffman Ms. Laura M. Hoffman Mr. and Mrs. William T. Hoffman Christine Hollander and Michael McGee Whitney and Halle Holmes

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Marcia Holt and John Holt Ruth Hopfenbeck and George Hopfenbeck Jr. Michael E. Huotari and Jill R. Stewart Mrs. Chris Janeczko Mrs. Jean N. Johnson Mr. and Mrs. Ken Johnson Kendor and Paulette Jones Dr. and Mrs. John N. Kabalin Leslie Kaye Kathleen Kelble Mr. and Mrs. Frank A. Kemp Dr. Lawrence Kim and Nhung Van Roberta and Mel Klein Herbert E. and Darlene Kress Fred and Natalie Kutner Mr. John T. Lake and Mr. Harold Winters Gaynel Lankenau Ann and James Leh Deanna Rose Leino Mr. and Mrs. Kenneth Levinson Don and Ingrid Lindemann Patty Lorie Kupetz Mrs. R. T. Lyford Jr. Tom and Ginnie Maes Marjorie J. Marks Marian E. Matheson Larry J. Matthews, M.D. Mr. and Mrs. Daniel McAuliffe William and Virginia McGehee Dr. and Mrs. Alan Megibow Mr. and Mrs. Mark T. Metzdorff Rosemary Metzler Charles and Carol Miller Mr. Henry B. Mohr Mrs. Lynnette Morrison Dr. and Mrs. John Moyer Drs. Michael and Mary Moynihan Mr. and Mrs. Chris J. Murphy Robert Nelson Drs. Sarah and Harold Nelson Kevin O'Connor and Janet Ellen Raasch Mr. Steven Okuley Ronald Y. Otsuka Ms. Joan E. Payne Mrs. Dorothy Pearson Ms. Kathleen M. Price Dean Prina M.D. Robert and Mary Quillin Mr. and Mrs. Donald Quinn Gary and Gayle Ray Mr. and Mrs. Alexander R. Read Ayliffe and Fred Ris Mr. and Mrs. Paul Roberts Susan Rodger Joe Ronnenberg Mr. Joseph C. Rook Dr. and Mrs. Reuven E. Rosen Mr. Allan S. and Judith Rosenbaum Sig and Lucille Rosenfeld Mr. William E. Russell

Mr. Henry R. Schmoll Ms. Ruth E. Schoening Gary D. Schrenk Mrs. Nancy Schulein Bob and Lori Schuyler Ms. Nancy Siegel Ms. Christie Smith Bill and Shirley Stout Jim and Sue Swanson Prof. and Mrs. Joseph S. Szyliowicz Jeanette and Jon Taylor Dr. and Ms. James Kennedy Todd Alice and Frank Traylor Sharon and John Trefny Mr. and Mrs. Stephen True Mr. John B. Trueblood Mr. Richard C. Tubbs and Ms. Marilyn Smith Stanley and Marcia Van Egmond Brian and Sarah Volkman Ed and Patty Wahtera Ms. Laura Wardell Larned A. Waterman, Jr. Anne and Dennis Wentz Robert and Dorothy Wham Carol E. Wolf Scott and Karen Yarberry Aficionado ($250+) Anonymous Mr. and Mrs. Frank J. Adler Mr. and Mrs. William B. Anderson Catherine H. Anderson Martha and Ken Ashley Mr. William Babich Mary E. Bahde Dr. and Mrs. Henry J. Beckwitt Ms. Pamela Bell Brigham Bell Kathleen Benegar Mr. Charles E. Berry Linda E. Bjelland Mr. and Mrs. Tom Blodgett John and Sandy Blue Stanley and Virginia Boucher Jeff and Shirley Bowen E. Candace Boyle and Thomas R. Salas Ms. Jay Breen Mr. Darrell A. Brown Mr. C. Deen Buttorff Mr. and Mrs. Ronald C. Butz George M. and Carol G. Canon Barbara and Roger Chamberlain Professor Gerald W. Chapman Dr. Alan Como and InHye Como Dr. David J. Cooper and Evelyn W. Cooper Ms. Frances S. Corsello Mr. and Mrs. Thomas E. Creighton

Mr. and Mrs. James E. Culhane Michael and Bonnie Dalke Ms. Wendy Davis Ronald L. Deal Dr. and Mr. Deborah Deeg Maud B. Duke Philippe and Cynthia Dunoyer Fred and Susan Forman Ms. Margaret P. Foster Mr. Rex R. Fuller Dr. and Mrs. Arthur Garfein Tennyson Grebenar and Judy Graese James and Ranelle Gregory Mark Groshek MD and Carl Clark MD Ms. Gina Guy Ms. Jerry Jean Hale Homer and Treva Hancock Mr. Richard H. Hart Mr. and Mrs. Yoshiko Hata Mr. Harold K. (Bud) Hill Ms. Joy R. Hilliard Mr. and Mrs. Garry Horle Barbara and Kevin Hughes Ms. Jane A. Hultin Mr. and Mrs. William C. Humphries Dr. Paul W. Husted Dr. Terry Imel Mr. and Mrs. Isely Marvin and Carole Johnson Dick and Mary Anne Johnston James and Jean Johnston Ms. Judy Johnston Ms. Cathy Kaledo Mrs. Bernie C. Kern Mr. and Mrs. Arthur W. Kidder Elmer and Doris Koneman Mr. John W. Kure and Ms. Cheryl Solich Mr. and Mrs. Maurice A. Larue Jr. Mr. Bernard Leason and Mrs. Frieda Sanidas Leason Mr. George Leing Noel Lejeune and Lynn Callaway Robert and Patricia Lisensky Dr. and Mrs. James List Charles and Gretchen Lobitz Mr. Richard J. Lovell Janet and David MacKenzie Mr. and Mrs. Gilbert Y. Marchand Mr. and Mrs. Austin Marquis John and Minda Marshall Dr. Merrylue Martin Mr. Andrew P. McCallin Myron McClellan and Lawrence Phillips Mr. and Mrs. Jay A. McCormick Dr. and Mrs. Hugh J. McGee Jr. Frank and Patricia Mercado Don and Billie Middleton

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Mr. and Mrs. James Mills Frend John Miner and Jeff Lawhead Sue and Bill Mohrman Mr. and Mrs. Mike Monahan Mr. William R. Moninger John and Mary Muth Richard L. Nielsen Maureen and Benjamin Nystuen Kent Obee Ms. Kelli O'Brien Mr. Kurt M. Olender and Ms. Kam C. Wong Roger and Stephanie Berg Oram Bonnie M. Orkow Mr. Ben H. Parker Mr. and Mrs. Harry A. Phillips Linda Plaut Mr. Andrew R. Pleszkun Rich and Kim Plumridge Mr. John Potter William M. and Kathryn L. Pride Irene M. Ibarra and Armando Quiroz Karyn K. Rieb Ms. Deborah Rohan Ron and Donnell Rosenberg Ms. Mary Ann Ross Richard L. Roth Paul D. Rubner and Vicki D. Jensen Richard and Sally Russo Jack and Ruth Salter Morris and Karen Sandstead Ms. Martha Jo Sani Sherry and Frank Sargent Ms. Eleni Sarris Mary and Paul Schadler Catherine K. Skokan Jane and Lars Soderberg Philip and Rhonda Steckley James B. Steed Mr. and Mrs. Larry D. Stephens Mr. and Mrs. Douglas W. Stewart Mrs. Donna J. Stiles Dr. and Mrs. Karl E. Sussman Ms. Barbara Thorngren Jeanette J. Thrower Giles D. Toll M.D. Ms. Elizabeth H. Tracey Nancy and Tim Tyler Ms. Carol A. Tyson Gretchen Vanderwerf and Gordon Jones Mr. Donald Vawter Terri and Harry Vogler Jeff and Martha Welborn Ms. Cia A. Wenzel Ms. Marilyn L. Wheeler Anne Williams Dr. and Mrs. Raymond Yost Dr. and Mrs. Jack Zable

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Financial Statements 2010 COMPOSITION OF REVENUE 2010

Ticket Sales 40%

Contributions 47%

COMPOSITION OF CONTRIBUTIONS 2010 Special Events and Other 7% Corporations 6%

SCFD Tax 6%

Individuals 54%

Foundations 39%

COMPOSITION OF EXPENSES 2010

Fundraising 10% Government and Other 1%

Marketing 12%

Box Of f ice 4%

General Administration 7%

Opera Production 64%

Depreciation and Other 3%

Page 19

Statement of Activities Opera Colorado Change in Unrestricted Net Assets: Revenue: Contributions Contributions from Opera Colorado Foundation Ticket sales net of seat tax Special Events net of expense SCFD

$ 1,741,275 200,282 1,843,677 170,807 266,008

Educational events Investment Income Other Income Net assets released from restrictions (contributions)

Opera Colorado Foundation

-

December 31, 2010

Eliminations

Total

(200,282) -

1,741,275 1,843,677 170,807 266,008

56,183 7 111,434 246,480

108,027 3,040

Total unrestricted revenue

4,636,153

111,067

(200,282)

4,546,938

Expenses Production Grant to Opera Colorado General and administrative Box Office Marketing Fundraising

3,077,276 331,655 226,245 563,382 467,466

200,282 11,132 -

(200,282) -

3,077,276 342,787 226,245 563,382 467,466

Total expenses before depreciation and write-offs

4,666,024

211,414

(200,282)

4,677,156

Depreciation and write-offs

145,269

Change in Temporarily Restricted Net Assets: Contributions Investment income Net assets released from restrictions

-

145,269

211,414

$ (175,140)

(100,347)

-

(275,487)

33,863 (246,480)

29,065 (3,040)

-

33,863 29,065 (249,520)

(212,617)

26,025

-

(186,592)

2,600 2,600

-

2,600 2,600 (459,479)

$

Increase (decrease) in temporarily restricted net assets Change in Permanently Restricted Net Assets: Contributions Net assets released from restrictions Increase (decrease) in permanently restricted net assets

-

(200,282)

56,183 108,034 111,434 249,520

4,811,293

Total expenses Increase (decrease) in unrestricted net assets

-

-

4,822,425

Change in net assets

(387,757)

(71,722)

-

Net assets at beginning of year

968,465

987,928

-

1,956,393

580,708

$ 916,206

-

$1,496,914

Net assets at end of year

$

Page 20

Statement of Financial Position December 31, 2010

Opera Colorado Assets: Current assets: Cash and cash equivalents Contribution and grants receivable Intercompany (payable) receivable Accounts receivable Prepaid expenses and other current assets Total current assets Restricted cash Investments Contributions receivable - noncurrent portion Property and equipment (net of depreciation)

Opera Colorado Foundation

Total

$ 216,032 412,328 110,916 46,156 250,091

100 (110,916) -

216,032 412,428 46,156 250,091

1,035,523

(110,816)

924,707

33,863 240,000 373,776

1,027,022

-

373,776

Total assets

$1,683,162

Liabilities and Net Assets: Current liabilities: Notes payable Accounts payable Accrued Liabilities Deferred revenue

275,000 $ 16,377 88,408 722,669

-

275,000 16,377 88,408 722,669

1,102,454

-

1,102,454

Total current liabilities

916,206

33,863 1,027,022 240,000

2,599,368

Net Assets: Unrestricted Temporarily restricted Permanently restricted

241,845 338,863 -

(394,118) 49,140 1,261,184

(152,273) 388,003 1,261,184

Total net assets

580,708

916,206

1,496,914

$1,683,162

916,206

2,599,368

Total liabilities and net assets

Page 21