NEW YORK CITY OPERA INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
NEW YORK CITY OPERA INC (EIN 13-2974347)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-10-21
IRS object ID
202032959349300523
Schema version
2018v3.2
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

FieldValueIRS element (for citing)
Return2020-10-21T10:55:10-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN262557761PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HUTMAN & HUTMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1435 E COUNTY LINE RDAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP087011426ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132974347EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW YORK CITY OPERABusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWYBusinessNameControlTxt
Phone6469811888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1142 WEST 57TH STREET 11TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL CAPASSOPersonNm
Person TitleGENERAL DIRECTORPersonTitleTxt
Phone6469811888PhoneNum
Signature2020-08-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID HUTMAN CPAPreparerPersonNm
PTINP01289685PTIN
Phone7329616272PhoneNum
Preparation2020-10-21PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address96.56.24.186IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-21IPDt
IP Tm10:55:10IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id917FB16704A732C4CF4D2D2915E7172E57BDC770AtSubmissionCreationDeviceId
At Submission Filing Device Id652D4B7BBCB61F5731022ADF8E22C22FE0BC33F8AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerMICHAEL CAPASSOPrincipalOfficerNm
Gross Receipts$4,038,309GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NYCOPERA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1978FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee117TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$8,228,350PYContributionsGrantsAmt
CY Contributions Grants$2,481,913CYContributionsGrantsAmt
PY Program Service Revenue$1,034,174PYProgramServiceRevenueAmt
CY Program Service Revenue$384,848CYProgramServiceRevenueAmt
PY Investment Income$16,710PYInvestmentIncomeAmt
CY Investment Income$111,306CYInvestmentIncomeAmt
PY Other Revenue$902,594PYOtherRevenueAmt
CY Other Revenue$1,060,242CYOtherRevenueAmt
PY Total Revenue$10,181,828PYTotalRevenueAmt
CY Total Revenue$4,038,309CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,839,389PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,443,010CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$278,790CYTotalFundraisingExpenseAmt
PY Other Expenses$6,550,527PYOtherExpensesAmt
CY Other Expenses$3,808,862CYOtherExpensesAmt
PY Total Expenses$8,389,916PYTotalExpensesAmt
CY Total Expenses$5,251,872CYTotalExpensesAmt
PY Revenues Less Expenses$1,791,912PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,213,563CYRevenuesLessExpensesAmt
Total Assets BOY$4,917,381TotalAssetsBOYAmt
Total Assets EOY$2,973,515TotalAssetsEOYAmt
Total Liabilities BOY$2,947,898TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,190,293TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,969,483NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$783,222NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNEW YORK CITY OPERA WAS A FAMOUSLY DUBBED "THE PEOPLE'S OPERA" BY MAYOR FIORELLO LAGUARDIA AT ITS FOUNDING IN 1943. MORE THAN 70 YEAR LATER, CITY OPERA CONTINUES ITS HISTORIC MISSION TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA, NURTURE THE WORK OF PROMISING AMERICAN ARTISTS, AND BUILD NEW AUDIENCES THROUGH AFFORDABLE TICKET PRICES AND EXTENSIVE OUTREACH AND EDUCATION PROGRAMS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$4,365,098ExpenseAmt
Revenue$384,848RevenueAmt
DescCITY OPERA'S CURRENT ADMINISTRATION UTILIZES A UNIQUE, ENTREPRENEURIAL BUSINESS MODEL BY CREATING ARTISTIC AND OPERATIONAL PARTNERSHIPS, FORGING STRONG RELATIONSHIPS WITH UNION AND VENUES, AND ENGAGING BOTH NEW AND TRADITIONAL AUDIENCES. CONTINUING ITS HISTORIC COMMITMENT TO EDUCATIONAL OUTREACH, THE COMPANY PROVIDES OPPORTUNITIES FOR THOUSAND OF NEW YORK CITY SCHOOL CHILDREN TO ATTEND CITY OPERA DRESS REHEARSALS, WHERE THEY MEET CAST MEMBERS AND CREW AND LEARN ABOUT CAREERS IN THE PERFORMING ARTS. FOR MANY, THIS IS THEIR FIRST LIVE OPERA EXPERIENCE. THROUGHOUT ITS SEASON, CITY OPERA ALSO PRESENTED HOUR-LONG, FAMILY-FRIENDLY ADAPTATIONS OF CLASSIC OPERA, INTRODUCING OPERA TO THE VERY YOUNGEST AUDIENCES. RENEWING ITS TRADITION OF BRINGING OPERA TO THE WIDEST POSSIBLE AUDIENCE, CITY OPERA ALSO PRESENTED FREE OPERA PERFORMANCES IN BRYANT PARK, ENABLING THOUSANDS OF NEW YORKERS TO EXPERIENCE OPERA IN A RELAXED, FAMILIAR ENVIRONMENT.Desc
Total Program Service Expenses$4,365,098TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document199IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee117EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMICHAEL CAPASSOPersonNm
Phone6469811888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1142 WEST 57TH STREET 11TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MICHAEL CAPASSO
GENERAL DIRE50.00Yes (X)Yes (X)$229,808$0$23,478
KRISTIN SAMPSON
SECRETARY/TR50.00Yes (X)Yes (X)$84,513$0$12,600
ROY NIEDERHOFFER
BOARD CHAIRM2.00Yes (X)$0$0$0
DIANA LANGER-MARCUS
MEMBER2.00Yes (X)$0$0$0
MARA KAPLAN-PRUZANSKI
MEMBER2.00Yes (X)$0$0$0
KENNETH ROSEN
BOARD CHAIRM2.00Yes (X)$0$0$0
TOBIAS PICKER
MEMBER2.00Yes (X)$0$0$0
JENNY GUCCI
MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$314,321TotalReportableCompFromOrgAmt
Total Other Compensation$36,078TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GEMINI MUSIC PRODUCTIONS LTD
2 IROQUOIS AVEPALISADESNY10964MUSICIANS$319,168
DOLLAND TRANSPORTATION LLC
$167,279
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,481,913AllOtherContributionsAmt
Total Contributions$2,481,913TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTICKET SALESDesc
Total Revenue Column$384,848TotalRevenueColumnAmt
Related Or Exempt Func Income$384,848RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$384,848TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$111,306TotalRevenueColumnAmt
Exclusion$111,306ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,060,242GrossSalesOfInventoryAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,060,242TotalRevenueColumnAmt
Related Or Exempt Func Income$1,060,242RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,038,309TotalRevenueColumnAmt
Related Or Exempt Func Income$1,445,090RelatedOrExemptFuncIncomeAmt
Exclusion$111,306ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$314,320TotalAmt
Program Services$207,452ProgramServicesAmt
Management And General$50,291ManagementAndGeneralAmt
Fundraising$56,577FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$878,619TotalAmt
Program Services$757,418ProgramServicesAmt
Management And General$74,344ManagementAndGeneralAmt
Fundraising$46,857FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$409TotalAmt
Program Services$331ProgramServicesAmt
Management And General$43ManagementAndGeneralAmt
Fundraising$35FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$123,239TotalAmt
Program Services$99,676ProgramServicesAmt
Management And General$12,878ManagementAndGeneralAmt
Fundraising$10,685FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$126,423TotalAmt
Program Services$102,251ProgramServicesAmt
Management And General$13,211ManagementAndGeneralAmt
Fundraising$10,961FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$137,327TotalAmt
Management And General$137,327ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$28,462TotalAmt
Management And General$28,462ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$227,236TotalAmt
Program Services$118,831ProgramServicesAmt
Management And General$95,350ManagementAndGeneralAmt
Fundraising$13,055FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$355,227TotalAmt
Program Services$287,308ProgramServicesAmt
Management And General$37,121ManagementAndGeneralAmt
Fundraising$30,798FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$90,616TotalAmt
Program Services$73,291ProgramServicesAmt
Management And General$9,469ManagementAndGeneralAmt
Fundraising$7,856FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$40,264TotalAmt
Program Services$32,565ProgramServicesAmt
Management And General$4,208ManagementAndGeneralAmt
Fundraising$3,491FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$236,099TotalAmt
Program Services$190,957ProgramServicesAmt
Management And General$24,672ManagementAndGeneralAmt
Fundraising$20,470FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$36,763TotalAmt
Program Services$8,231ProgramServicesAmt
Management And General$27,650ManagementAndGeneralAmt
Fundraising$882FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FACILITY AND EQUIPMENT$787,900$637,253$82,336$68,311
PRODUCTION COSTS$755,895$755,895
PERFORMERS, CHORUS & ORCH$657,322$657,322
PRODUCTION FACILITIES & E$353,859$353,859

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$101,892TotalAmt
Program Services$82,458ProgramServicesAmt
Management And General$10,622ManagementAndGeneralAmt
Fundraising$8,812FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,251,872TotalAmt
Program Services$4,365,098ProgramServicesAmt
Management And General$607,984ManagementAndGeneralAmt
Fundraising$278,790FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$119,472BOYAmt
EOY$47,634EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$166,278BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$160,425BOYAmt
EOY$167,508EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,246,059LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$565,806LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$728,365BOYAmt
EOY$680,253EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,490,411BOYAmt
EOY$1,952,418EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$252,430BOYAmt
EOY$125,702EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,917,381BOYAmt
EOY$2,973,515EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$704,052BOYAmt
EOY$582,411EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$49,059BOYAmt
EOY$22,551EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$1,263,115BOYAmt
EOY$1,459,818EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$931,672BOYAmt
EOY$125,513EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,947,898BOYAmt
EOY$2,190,293EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$2,787,978BOYAmt
EOY-$3,974,239EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,757,461BOYAmt
EOY$4,757,461EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,969,483BOYAmt
EOY$783,222EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,917,381BOYAmt
EOY$2,973,515EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,213,563ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$27,302NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$209,853CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,631,713CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,188,407CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,228,350CurrentTaxYearMinus1YearAmt
Current Tax Year$2,481,913CurrentTaxYearAmt
Total$20,740,236TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$860,174CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$536,022CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,278,816CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,936,768CurrentTaxYearMinus1YearAmt
Current Tax Year$1,445,090CurrentTaxYearAmt
Total$7,056,870TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,070,027CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,167,735CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,467,223CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,165,118CurrentTaxYearMinus1YearAmt
Current Tax Year$3,927,003CurrentTaxYearAmt
Total$27,797,106TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,464,100CurrentTaxYearMinus2YearsAmt
Total$1,464,100TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,464,100CurrentTaxYearMinus2YearsAmt
Total$1,464,100TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$26,333,006PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$135,338CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$78,401CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$154,346CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$113,982CurrentTaxYearMinus1YearAmt
Current Tax Year$111,306CurrentTaxYearAmt
Total$593,373TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$135,338CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$78,401CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$154,346CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$113,982CurrentTaxYearMinus1YearAmt
Current Tax Year$111,306CurrentTaxYearAmt
Total$593,373TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,509CurrentTaxYearMinus4YearsAmt
Total$2,509TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,207,874CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,246,136CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,621,569CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,279,100CurrentTaxYearMinus1YearAmt
Current Tax Year$4,038,309CurrentTaxYearAmt
Total$28,392,988TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.92740PublicSupportCY509Pct
Public Support PY5090.90940PublicSupportPY509Pct
Investment Income CY0.02000InvestmentIncomeCYPct
Investment Income PY0.02000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART III, LINE 12FormAndLineReferenceDesc
Explanation2,509ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,490,411BeginningYearBalanceAmt
Investment Earnings Or Losses$138,608InvestmentEarningsOrLossesAmt
Administrative Expenses$1,676,601AdministrativeExpensesAmt
End Year Balance$1,952,418EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,757,461BeginningYearBalanceAmt
Investment Earnings Or Losses$257,647InvestmentEarningsOrLossesAmt
Administrative Expenses$1,524,697AdministrativeExpensesAmt
End Year Balance$3,490,411EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,757,461BeginningYearBalanceAmt
End Year Balance$4,757,461EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,594,799BeginningYearBalanceAmt
Contributions$162,662ContributionsAmt
End Year Balance$4,757,461EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,555,365BeginningYearBalanceAmt
Investment Earnings Or Losses$39,434InvestmentEarningsOrLossesAmt
End Year Balance$4,594,799EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,345OtherCostOrOtherBasisAmt
Depreciation$13,229DepreciationAmt
Book Value$10,116BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,111,459OtherCostOrOtherBasisAmt
Depreciation$479,829DepreciationAmt
Book Value$631,630BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$111,255OtherCostOrOtherBasisAmt
Depreciation$72,748DepreciationAmt
Book Value$38,507BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$680,253TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
NOTES TO GENERAL UNSECURED CREDITORS$125,000
ADMINISTRATIVE, PRIORITY AND OTHER$513
FieldValueIRS element (for citing)
Total Liability$125,513TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,038,309TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$4,038,309RevenueSubtotalAmt
Total Revenue Per Form990$4,038,309TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,251,872TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$5,251,872ExpensesSubtotalAmt
Total Expenses Per Form990$5,251,872TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XNYCO IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND FROM STATE INCOME TAXES. NYCO RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE, NYCO ASSESSES THE LIKELIHOOD, BASED ON ITS TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT EVALUATED NYCO'S TAX POSITIONS AND CONCLUDED THAT NYCO HAS TAKEN NO UNCERAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS.
SCHEDULE D, PAGE 4, PART XIIIPART V, LINE 4: NYCO'S ENDOWMENT CONSIST OF PERMANENTLY RESTRICTED FUNDS THAT PROVIDE A FUNDING STREAM FOR NYCO'S PROGRAMS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMICHAEL CAPASSOPersonNm
TitleGENERAL DIRECTORTitleTxt
Base Compensation Filing Org$229,808BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org$23,478NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$253,286TotalCompensationFilingOrgAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonBRIDGE FUND LOANPersonNm
Relationship With OrgBOARD CHAIRMANRelationshipWithOrgTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$550,000OriginalPrincipalAmt
Balance Due$1,459,818BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$1,459,818TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONNEW YORK CITY OPERA WAS A FAMOUSLY DUBBED "THE PEOPLE'S OPERA" BY MAYOR FIORELLO LAGUARDIA AT ITS FOUNDING IN 1943. MORE THAN 70 YEAR LATER, CITY OPERA CONTINUES ITS HISTORIC MISSION TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA, NURTURE THE WORK OF PROMISING AMERICAN ARTISTS, AND BUILD NEW AUDIENCES THROUGH AFFORDABLE TICKET PRICES AND EXTENSIVE OUTREACH AND EDUCATION PROGRAMS.
FORM 990, PAGE 2, PART III, LINE 4ACITY OPERA'S CURRENT ADMINISTRATION UTILIZES A UNIQUE, ENTREPRENEURIAL BUSINESS MODEL BY CREATING ARTISTIC AND OPERATIONAL PARTNERSHIPS, FORGING STRONG RELATIONSHIPS WITH UNION AND VENUES, AND ENGAGING BOTH NEW AND TRADITIONAL AUDIENCES. CONTINUING ITS HISTORIC COMMITMENT TO EDUCATIONAL OUTREACH, THE COMPANY PROVIDES OPPORTUNITIES FOR THOUSAND OF NEW YORK CITY SCHOOL CHILDREN TO ATTEND CITY OPERA DRESS REHEARSALS, WHERE THEY MEET CAST MEMBERS AND CREW AND LEARN ABOUT CAREERS IN THE PERFORMING ARTS. FOR MANY, THIS IS THEIR FIRST LIVE OPERA EXPERIENCE. THROUGHOUT ITS SEASON, CITY OPERA ALSO PRESENTED HOUR-LONG, FAMILY-FRIENDLY ADAPTATIONS OF CLASSIC OPERA, INTRODUCING OPERA TO THE VERY YOUNGEST AUDIENCES. RENEWING ITS TRADITION OF BRINGING OPERA TO THE WIDEST POSSIBLE AUDIENCE, CITY OPERA ALSO PRESENTED FREE OPERA PERFORMANCES IN BRYANT PARK, ENABLING THOUSANDS OF NEW YORKERS TO EXPERIENCE OPERA IN A RELAXED, FAMILIAR ENVIRONMENT.
FORM 990, PAGE 6, PART VI, LINE 2ROY NIEDERHOFFER JENNY NIEDERHOFFER BOARD CHAIRM MEMBER FAMILIAL RELATIONSHIP
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY MANAGEMENT WITH THE ACCOUNTANTS. THE ENTIRE FORM 990 WITH ALL SCHEDULES IS E-MAILED IN PDF FORMAT TO EVERY VOTING BOARD MEMBER PRIOR TO SUBMITTING THE FORM TO THE INTERNAL REVENUE SERVICE.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS. COVERED PERSONS ARE REQUIRED TO DISCLOSE ANNUALLY ANY ACTUAL AND POTENTIAL CONFLICTS TO THE BOARD CHAIR, WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE ENTIRE BOARD FOR REVIEW AND DETERMINATION OF WHETHER ANY ACTUAL CONFLICT EXISTS AND THE APPROPRIATE ACTION TO BE TAKEN. ANY BOARD MEMBER WITH A POTENTIAL CONFLICT OF INTEREST IS TO RECUSE ONESELF FROM PARTICIPATING IN THE DISCUSSION AND VOTING ON THE MATTER.
FORM 990, PAGE 6, PART VI, LINE 15ATHE ORGANIZATION'S PERSONNEL COMMITTEE CHAIRED BY THE TREASURER IS RESPONSIBLE FOR REVIEWING AND APPROVING THE GENERAL DIRECTOR'S ANNUAL COMPENSATION. THE PERSONNEL COMMITTEE REVIEWS COMPARABLE DATA OF SIMILAR TYPES OF ORGANIZATIONS WITHIN THE SAME GEOGRAPHIC AREA TO DETERMINE THE COMPENSATION OF THE GENERAL DIRECTOR. THE PERSONNEL COMMITTEE COMMUNICATES ITS CONCLUSIONS REACHED ON THE GENERAL DIRECTOR'S COMPENSATION TO THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION WILL MAKE ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORMS 990 AND 1023 ARE AVAILABE UPON WRITTEN REQUESTS.

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