SARASOTA OPERA ASSOCIATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SARASOTA OPERA ASSOCIATION INC (EIN 23-7089047)
- Tax period
- 2021-06-01 to 2022-05-31
- Filed
- 2022-12-16
- IRS object ID
- 202233509349301008
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-12-16T14:23:54-06:00 | ReturnTs |
| Tax Period End | 2022-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 580692043 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAULDIN & JENKINS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1401 MANATEE AVE W STE 1200 | AddressLine1Txt |
| City | BRADENTON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237089047 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SARASOTA OPERA ASSOCIATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SARA | BusinessNameControlTxt |
| Phone | 9413668450 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 N PINEAPPLE AVENUE | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34236 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD A RUSSELL | PersonNm |
| Person Title | GENERAL DIRECTOR | PersonTitleTxt |
| Phone | 9413668450 | PhoneNum |
| Signature | 2022-12-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD | PersonFirstNm |
| Person Last | RUSSELL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN CARTER | PreparerPersonNm |
| PTIN | P00536712 | PTIN |
| Phone | 9417474483 | PhoneNum |
| Preparation | 2022-12-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD A RUSSELL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 N PINEAPPLE AVENUE | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34236 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,306,704 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SARASOTAOPERA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1961 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO PRODUCE OUTSTANDING OPERA TRUE TO THE VISION OF THE COMPOSER, TO ENTERTAIN, ENRICH, AND EDUCATE THE COMMUNITIES IN SOUTHWEST FLORIDA AS WELL AS PATRONS FROM ACROSS THE STATE AND AROUND THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 102 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,036,758 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,023,820 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $576,965 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,325,153 | CYProgramServiceRevenueAmt |
| PY Investment Income | $431,227 | PYInvestmentIncomeAmt |
| CY Investment Income | $756,689 | CYInvestmentIncomeAmt |
| PY Other Revenue | $436,579 | PYOtherRevenueAmt |
| CY Other Revenue | $552,010 | CYOtherRevenueAmt |
| PY Total Revenue | $6,481,529 | PYTotalRevenueAmt |
| CY Total Revenue | $10,657,672 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,439,074 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,940,876 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $591,164 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,628,769 | PYOtherExpensesAmt |
| CY Other Expenses | $4,160,710 | CYOtherExpensesAmt |
| PY Total Expenses | $6,067,843 | PYTotalExpensesAmt |
| CY Total Expenses | $9,110,586 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $413,686 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,547,086 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $28,037,945 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,856,599 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,954,480 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,076,383 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,083,465 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,780,216 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PRODUCE OUTSTANDING OPERA TRUE TO THE VISION OF THE COMPOSER, TO ENTERTAIN, ENRICH, AND EDUCATE THE COMMUNITIES IN SOUTHWEST FLORIDA AS WELL AS PATRONS FROM ACROSS THE STATE AND AROUND THE WORLD. TO PRODUCE SUCH OPERAS; AND TO FOSTER, PROMOTE, AND INCREASE PUBLIC KNOWLEDGE AND APPRECIATION OF OPERA AND SIMILAR PRESENTATIONS; TO INSTRUCT, TRAIN AND EDUCATE BOTH STUDENTS AND THE PUBLIC, GENERALLY, IN OPERA, MUSIC, AND RELATED PREFORMING ARTS; AND TO RENT, ACQUIRE FOR USE, OR OWN, MAINTAIN, AND OPERATE A PLACE OR PLACES TO ACCOMPLISH THESE OBJECTIVES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,784,809 | ExpenseAmt |
| Grant | $9,000 | GrantAmt |
| Revenue | $2,717,695 | RevenueAmt |
| Desc | SARASOTA OPERA BEGAN ITS RETURN TO A NORMAL OPERATING SCHEDULE, BUT WAS STILL IMPACTED BY THE LINGERING EFFECTS OF COVID. COVID CAUSED THE CANCELLATION OF ONE PERFORMANCE AND THE POSTPONEMENT OF ANOTHER. THE OPERA PRESENTED 31 OPERA PERFORMANCES AS WELL AS 4 CONCERTS AND 11 HD MOVIE SHOWINGS. THE OPERA'S YOUTH OPERA PROGRAM WAS LIMITED TO A CONCERT, BUT EFFORTS TO RE-BUILD AND GROW THIS UNIQUE PROGRAM, POST-COVID, ARE CONTINUING. A NEW COURTYARD DINING SERIES WAS ADDED TO SPECIAL EVENTS AND THE ANNUAL GALA WAS RE-ESTABLISHED. THE OPERA'S TWO GUILDS ALSO RE-STARTED THEIR FUNDRAISING EVENTS. | Desc |
| Total Program Service Expenses | $6,784,809 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 149 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 102 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEN TARASI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9413668450 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 N PINEAPPLE AVENUE | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34236 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| WALDRON KRAEMER | ||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROSANNE MARTORELLA | ||||||
| VICE CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ARTHUR SICILIANO | ||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KATHERINE BENOIT | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| STAN ABSHIER | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RON ARCHBOLD | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| J SUMNER BAGBY | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| EDWARD C BAVARIA | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ULYSSES BRUALDI | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID CHAIFETZ | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD DEGENNARO | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| VICTOR DERENZI | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| SYBLE DI GIROLAMO | ||||||
| IMMEDIATE PAST CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| CAROL ENGLISH | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| FRANCES DALY FERGUSSON | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ROGER S KAUFMAN | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARY J MITCHELL | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| HAROLD R RONSON | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE SABATO | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| TOBY SIEGEL | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS STEINER | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN F SUHRE | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM D TOMPKINS | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JEFF TROIANO | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAL WADSWORTH | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ANN WALLER | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DONALD J WORTHINGTON | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JEANNE YEAGLE | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD RUSSELL | ||||||
| GENERAL DIRECTOR | 50.00 | Yes (X) | Yes (X) | $346,435 | $0 | $7,485 |
| KENNETH TARASI | ||||||
| DIRECTOR OF FINANCE | 50.00 | Yes (X) | $121,145 | $0 | $6,731 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $467,580 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $14,216 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| DERENZI & SUNDINE INC | ||||||||||
| 1111 N GULFSTREAM AVE | SARASOTA | FL | 34236 | ARTISTIC DIRECTION, STAGE DIRECTION, CON | $464,856 | |||||
| ALDINA LC | ||||||||||
| 1247 MANDALAY POINT | SARASOTA | FL | 34242 | WAREHOUSE STORAGE FOR SETS & COSTUMES | $180,000 | |||||
| PLANIFORM (1983) INC | ||||||||||
| COSTUME RACKS AND INSTALLATION IN NEW WA | $162,507 | 1060 RUE NATIONALE | TERREBONNE | QUEBEC | CA | J6W6C1 | ||||
| SCHOOL OF RUSSIAN BALLET | ||||||||||
| 8031 COOPER CREEK BLVD | UNIVERSITY PARK | FL | 34201 | PROCEEDS FROM TICKET SALES FOR THEATER R | $133,997 | |||||
| ROSEMARY SQUARE LLC | ||||||||||
| 555 S OSPREY AVENUE | SARASOTA | FL | 34236 | MAINTENANCE | $119,646 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,634,134 | GovernmentGrantsAmt |
| All Other Contributions | $4,389,686 | AllOtherContributionsAmt |
| Total Contributions | $7,023,820 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OPERA PRODUCTIONS | 711110 | $1,840,907 | $1,840,907 |
| RENTAL | 711110 | $419,868 | $419,868 |
| SARASOTA YOUTH OPERA | 711110 | $64,378 | $64,378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,325,153 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $217,865 | TotalRevenueColumnAmt |
| Exclusion | $217,865 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,733,927 | SecuritiesAmt |
| Other | $1,186,047 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,581,765 | SecuritiesAmt |
| Other | $799,385 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $152,162 | SecuritiesAmt |
| Other | $386,662 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $538,824 | TotalRevenueColumnAmt |
| Exclusion | $538,824 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $427,350 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $267,882 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $159,468 | TotalRevenueColumnAmt |
| Exclusion | $159,468 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 711110 | BusinessCd |
| Total Revenue Column | $392,542 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $392,542 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $392,542 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,657,672 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,717,695 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $916,157 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,000 | TotalAmt |
| Program Services | $9,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $763,757 | TotalAmt |
| Program Services | $184,716 | ProgramServicesAmt |
| Management And General | $341,408 | ManagementAndGeneralAmt |
| Fundraising | $237,633 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,687,209 | TotalAmt |
| Program Services | $2,964,342 | ProgramServicesAmt |
| Management And General | $689,408 | ManagementAndGeneralAmt |
| Fundraising | $33,459 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,417 | TotalAmt |
| Program Services | $194,190 | ProgramServicesAmt |
| Management And General | $87,922 | ManagementAndGeneralAmt |
| Fundraising | $30,305 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,493 | TotalAmt |
| Program Services | $94,105 | ProgramServicesAmt |
| Management And General | $64,138 | ManagementAndGeneralAmt |
| Fundraising | $19,250 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,857 | TotalAmt |
| Management And General | $8,857 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,600 | TotalAmt |
| Management And General | $21,600 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,236 | TotalAmt |
| Management And General | $101,236 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $317,529 | TotalAmt |
| Program Services | $317,529 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,607 | TotalAmt |
| Program Services | $11,031 | ProgramServicesAmt |
| Management And General | $116,102 | ManagementAndGeneralAmt |
| Fundraising | $10,474 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,467 | TotalAmt |
| Program Services | $3,679 | ProgramServicesAmt |
| Management And General | $111,450 | ManagementAndGeneralAmt |
| Fundraising | $338 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $820,207 | TotalAmt |
| Program Services | $749,058 | ProgramServicesAmt |
| Management And General | $71,149 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $567,348 | TotalAmt |
| Program Services | $565,591 | ProgramServicesAmt |
| Management And General | $428 | ManagementAndGeneralAmt |
| Fundraising | $1,329 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,699 | TotalAmt |
| Program Services | $4,991 | ProgramServicesAmt |
| Management And General | $26,630 | ManagementAndGeneralAmt |
| Fundraising | $2,078 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,435 | TotalAmt |
| Program Services | $95,106 | ProgramServicesAmt |
| Management And General | $39,943 | ManagementAndGeneralAmt |
| Fundraising | $6,386 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $817,802 | TotalAmt |
| Program Services | $794,301 | ProgramServicesAmt |
| Management And General | $23,501 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,187 | TotalAmt |
| Program Services | $161,377 | ProgramServicesAmt |
| Management And General | $2,810 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| PRODUCTION MATERIALS | $532,699 | $532,699 | |
| GUILDS | $123,090 | $123,090 | |
| OTHER PROGRAM EXP | $103,094 | $103,094 | |
| FUNDRAISING | $84,980 | $84,980 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,873 | TotalAmt |
| Management And General | $28,031 | ManagementAndGeneralAmt |
| Fundraising | $41,842 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,110,586 | TotalAmt |
| Program Services | $6,784,809 | ProgramServicesAmt |
| Management And General | $1,734,613 | ManagementAndGeneralAmt |
| Fundraising | $591,164 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,264 | BOYAmt |
| EOY | $284,163 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,265 | BOYAmt |
| EOY | $1,263,431 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,327 | BOYAmt |
| EOY | $70,472 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,757 | BOYAmt |
| EOY | $18,721 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,357 | BOYAmt |
| EOY | $117,164 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $28,608,682 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,741,502 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,620,397 | BOYAmt |
| EOY | $15,867,180 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,349,307 | BOYAmt |
| EOY | $11,218,599 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,271 | BOYAmt |
| EOY | $16,869 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,037,945 | BOYAmt |
| EOY | $28,856,599 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,749 | BOYAmt |
| EOY | $320,111 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $410,237 | BOYAmt |
| EOY | $958,919 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,409,494 | BOYAmt |
| EOY | $2,797,353 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,954,480 | BOYAmt |
| EOY | $4,076,383 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,080,192 | BOYAmt |
| EOY | $16,190,255 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,003,273 | BOYAmt |
| EOY | $8,589,961 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,083,465 | BOYAmt |
| EOY | $24,780,216 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,037,945 | BOYAmt |
| EOY | $28,856,599 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,547,086 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$850,335 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,621,657 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,959,949 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,675,075 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,036,758 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,023,820 | CurrentTaxYearAmt |
| Total | $24,317,259 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,494,081 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,519,074 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,822,084 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $576,965 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,752,503 | CurrentTaxYearAmt |
| Total | $13,164,707 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,115,738 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,479,023 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,497,159 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,613,723 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,776,323 | CurrentTaxYearAmt |
| Total | $37,481,966 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $285,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $744,741 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,192,559 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $470,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $400,000 | CurrentTaxYearAmt |
| Total | $3,092,550 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $285,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $744,741 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,192,559 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $470,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $400,000 | CurrentTaxYearAmt |
| Total | $3,092,550 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $34,389,416 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $217,322 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $196,339 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $183,958 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $217,865 | CurrentTaxYearAmt |
| Total | $863,270 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $217,322 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $196,339 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $183,958 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $217,865 | CurrentTaxYearAmt |
| Total | $863,270 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $278,080 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $289,431 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $199,948 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $399,271 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $392,542 | CurrentTaxYearAmt |
| Total | $1,559,272 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,441,604 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,985,776 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,893,446 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,196,952 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,386,730 | CurrentTaxYearAmt |
| Total | $39,904,508 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.86180 | PublicSupportCY509Pct |
| Public Support PY509 | 0.82690 | PublicSupportPY509Pct |
| Investment Income CY | 0.02160 | InvestmentIncomeCYPct |
| Investment Income PY | 0.02820 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,349,307 | BeginningYearBalanceAmt |
| Contributions | $1,461,502 | ContributionsAmt |
| Investment Earnings Or Losses | -$592,210 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $11,218,599 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,066,100 | BeginningYearBalanceAmt |
| Contributions | $809,487 | ContributionsAmt |
| Investment Earnings Or Losses | $1,714,720 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $241,000 | OtherExpendituresAmt |
| End Year Balance | $10,349,307 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,547,272 | BeginningYearBalanceAmt |
| Contributions | $36,963 | ContributionsAmt |
| Investment Earnings Or Losses | $529,865 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,048,000 | OtherExpendituresAmt |
| End Year Balance | $8,066,100 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,453,072 | BeginningYearBalanceAmt |
| Contributions | $286,562 | ContributionsAmt |
| Investment Earnings Or Losses | $156,660 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $349,022 | OtherExpendituresAmt |
| End Year Balance | $8,547,272 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,960,245 | BeginningYearBalanceAmt |
| Contributions | $351,500 | ContributionsAmt |
| Investment Earnings Or Losses | $478,327 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $337,000 | OtherExpendituresAmt |
| End Year Balance | $8,453,072 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.23620 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.69190 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.07190 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $464,466 | OtherCostOrOtherBasisAmt |
| Book Value | $464,466 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,984,206 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,979,552 | DepreciationAmt |
| Book Value | $14,004,654 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,086,276 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,822,186 | DepreciationAmt |
| Book Value | $1,264,090 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,073,734 | OtherCostOrOtherBasisAmt |
| Depreciation | $939,764 | DepreciationAmt |
| Book Value | $133,970 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,867,180 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,973,983 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$850,335 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $267,882 | OtherRevenueAmt |
| Revenue Not Reported | -$582,453 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,556,436 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $101,236 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $101,236 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,657,672 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,277,232 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $267,882 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $267,882 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,009,350 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $101,236 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $101,236 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,110,586 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | TO PROVIDE A STABLE FLOW OF RESOURCES FOR CURRENT OPERATIONS. |
| PART X, LINE 2: | THE OPERA QUALIFIES AS A CHARITABLE ORGANIZATION AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A). HOWEVER, THE OPERA IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED MAY 31, 2022, THE OPERA INCURRED NO INCOME TAX EXPENSE. IT IS THE OPERA'S POLICY TO ACCOUNT FOR ANY UNCERTAINTIES IN INCOME TAX LAW IN ACCORDANCE WITH FASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND REQUIRES THAT THE OPERA RECOGNIZE THE IMPACT OF SUCH A TAX POSITION IN ITS FINANCIAL STATEMENTS IF, UPON ULTIMATE SETTLEMENT, THAT POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED. MANAGEMENT HAS EVALUATED THE OPERA'S TAX POSITIONS AND CONCLUDED THAT THE OPERA HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. AS A RESULT, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE OPERA FILES A 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 267,882. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 267,882. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | OPENING NIGHT GALA | Event1Nm |
| Gross Receipts Event1 | $236,472 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $236,472 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $54,537 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $78,922 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $12,714 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $6,323 | OtherDirectExpensesEvent1Amt |
| Event2 | COURTYARD DINNERS | Event2Nm |
| Gross Receipts Event2 | $28,035 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $28,035 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $11,666 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $22,089 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $3,055 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $2,136 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $162,843 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $162,843 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $7,307 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $18,705 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $500 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $49,928 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $427,350 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $427,350 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $73,510 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $119,716 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $16,269 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $58,387 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $267,882 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $159,468 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 7 | RecipientCnt |
| Cash Grant | $9,000 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD RUSSELL | PersonNm |
| Title | GENERAL DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $346,435 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $7,485 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $353,920 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A FULL COPY OF FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND COMMENT. SUBSEQUENTLY, A FULL COPY OF FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD, PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES ALL POTENTIAL CONFLICTS OF INTEREST TO BE REPORTED TO A SUPERVISOR AND/OR TO THE EXECUTIVE DIRECTOR. THE ORGANIZATION REQUIRES CONFLICTS OF INTEREST TO BE AVOIDED OTHER THAN TO THE EXTENT THE EXECUTIVE DIRECTOR HAS PROVIDED THE EMPLOYEE WITH A WRITTEN EXEMPTION. THE BOARD OF TRUSTEES ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST AT THEIR ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION ENGAGES A HUMAN RESOURCE COMMITTEE WHICH FUNCTIONS AS A COMPENSATION COMMITTEE WHICH REVIEWS INDUSTRY COMPENSATION SURVEYS, REVIEWS AND APPROVES OPERA'S ANNUAL BUDGET AND REQUIRES RATIFICATION BY THE BOARD OF TRUSTEES FOR ARTISTIC AND EXECUTIVE DIRECTORS. ARTISTIC AND EXECUTIVE DIRECTORS ARE RESPONSIBLE FOR ALL OTHER PAID EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST OR AT WWW.GUIDESTAR.ORG, WWW.CHARITYNAVIGATOR.ORG, AND WWW.THEGIVINGPARTNER.ORG. |
| FORM 990, PART XII, LINE 2C | THE PROCESS IS UNCHANGED FROM THE PRIOR YEAR. |
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