Audits

2010 - 2011 Audit

2009 - 2010 Audit

2008 - 2009 Audit

2007- 2008 Audit

Form 990

Form 990 FYE 6-30-2010

Form 990 FYE 6-30-2009

Form 990 FYE 6-30-2008

Advisory Statement Regarding Skylight Opera Theatre’s Form 990

Please note that the percentage of Management and General expenses on Form 990 and on the final page of the audited financial statement appears higher in 2009 than was reflected in prior years. This does not reflect a significant change operationally between 2009 and prior years. A new audit firm has changed the classifications, resulting in breakdowns that are difficult to compare to previous years.

The most significant change is that all of the facilities expenses (depreciation, utilities, repair and maintenance) are classified in Management and General. In past years, these expenses were predominately classified in Program expenses. The correct approach would be to properly allocate the expenses between the two categories as the portions related to the theater spaces and rehearsal halls are clearly Program-related while the office spaces should be classified as Management and General.  We will be working to improve the allocation/presentation in future years.

If you have any questions or require additional information please contact:

Cindy Hass
Finance Director
email: cindyh@skylightopera.com
(414) 299-4950