TY 2014 Form 990 Schedule O

efile Public Visual Render ObjectId: 201513179349307396 - Submission: 2015-11-13 TIN: 04-2469627

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

BOSTON LYRIC OPERA COMPANY

Employer identification number

04-2469627

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	DIRECTORS STEVEN P. AKIN AND JANE AKIN HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11	FINAL APPROVAL PROCESS OF THE ANNUAL AUDITED FINANCIAL REPORT AND CORPORATE TAX RETURNS IS VESTED WITH THE EXECUTIVE COMMITTEE UPON RECOMMENDATION OF THE FINANCE COMMITTEE, PROVIDING A BOARD COMMENT PERIOD UPON THE RECOMMENDATION OF THE FINANCE COMMITTEE, BUT PRIOR TO EXECUTIVE COMMITTEE FINAL APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	BOSTON LYRIC OPERA COLLECTS CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY FROM ALL BOARD MEMBERS AND FROM STAFF MEMBERS WITH SIGNIFICANT DECISION-MAKING AUTHORITY. POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD AND/OR GENERAL DIRECTOR OF THE COMPANY FOR CONSIDERATION BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15A	BOSTON LYRIC OPERA USES SEVERAL INFORMATION SOURCES TO ESTABLISH COMPENSATION. THESE SOURCES INCLUDE SURVEY OF SALARY INFORMATION FOR POSITION EQUIVALENTS IN SELECTED MA CULTURAL INSTITUTIONS, OPERA AMERICA DATA ON SALARIES FROM ITS MOST RECENT SALARY AND BENEFITS SURVEY AND INDEPENDENT RESEARCH BY AN INDEPENDENT HR EXECUTIVE.
FORM 990, PART VI, SECTION C, LINE 19	BOSTON LYRIC OPERA DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON CHARITY NAVIGATOR, GUIDESTAR AND THROUGH THE CULTURAL DATA PROJECT (CDP).
FORM 990, PART IX, LINE 11G	OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 426,279. MANAGEMENT AND GENERAL EXPENSES 2,768. FUNDRAISING EXPENSES 12,726. TOTAL EXPENSES 441,773. ARTISTS: PROGRAM SERVICE EXPENSES 425,544. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 425,544. CONDUCTORS: PROGRAM SERVICE EXPENSES 80,379. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,379.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION DID NOT CHANGE EITHER THE AUDIT OVERSIGHT PROCESS OR AUDITOR SELECTION PROCESS DURING THE TAX YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 2

DIRECTORS STEVEN P. AKIN AND JANE AKIN HAVE A FAMILY RELATIONSHIP.

FORM 990, PART VI, SECTION B, LINE 11

FINAL APPROVAL PROCESS OF THE ANNUAL AUDITED FINANCIAL REPORT AND CORPORATE TAX RETURNS IS VESTED WITH THE EXECUTIVE COMMITTEE UPON RECOMMENDATION OF THE FINANCE COMMITTEE, PROVIDING A BOARD COMMENT PERIOD UPON THE RECOMMENDATION OF THE FINANCE COMMITTEE, BUT PRIOR TO EXECUTIVE COMMITTEE FINAL APPROVAL.

FORM 990, PART VI, SECTION B, LINE 12C

BOSTON LYRIC OPERA COLLECTS CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY FROM ALL BOARD MEMBERS AND FROM STAFF MEMBERS WITH SIGNIFICANT DECISION-MAKING AUTHORITY. POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD AND/OR GENERAL DIRECTOR OF THE COMPANY FOR CONSIDERATION BY THE BOARD.

FORM 990, PART VI, SECTION B, LINE 15A

BOSTON LYRIC OPERA USES SEVERAL INFORMATION SOURCES TO ESTABLISH COMPENSATION. THESE SOURCES INCLUDE SURVEY OF SALARY INFORMATION FOR POSITION EQUIVALENTS IN SELECTED MA CULTURAL INSTITUTIONS, OPERA AMERICA DATA ON SALARIES FROM ITS MOST RECENT SALARY AND BENEFITS SURVEY AND INDEPENDENT RESEARCH BY AN INDEPENDENT HR EXECUTIVE.

FORM 990, PART VI, SECTION C, LINE 19

BOSTON LYRIC OPERA DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON CHARITY NAVIGATOR, GUIDESTAR AND THROUGH THE CULTURAL DATA PROJECT (CDP).

FORM 990, PART IX, LINE 11G

OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 426,279. MANAGEMENT AND GENERAL EXPENSES 2,768. FUNDRAISING EXPENSES 12,726. TOTAL EXPENSES 441,773. ARTISTS: PROGRAM SERVICE EXPENSES 425,544. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 425,544. CONDUCTORS: PROGRAM SERVICE EXPENSES 80,379. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,379.

FORM 990, PART XII, LINE 2C:

THE ORGANIZATION DID NOT CHANGE EITHER THE AUDIT OVERSIGHT PROCESS OR AUDITOR SELECTION PROCESS DURING THE TAX YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

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