SARASOTA OPERA ASSOCIATION INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SARASOTA OPERA ASSOCIATION INC (EIN 23-7089047)
- Tax period
- 2024-06-01 to 2025-05-31
- Filed
- 2025-12-23
- IRS object ID
- 202513579349301011
- Schema version
- 2024v5.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-12-23T10:30:21+00:00 | ReturnTs |
| Tax Period End | 2025-05-31 | 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 Avenue West Suite 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 | 2024-06-01 | 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 | Ken Tarasi | PersonNm |
| Person Title | Director of Finance | PersonTitleTxt |
| Signature | 2025-12-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brian Carter | PreparerPersonNm |
| PTIN | P00536712 | PTIN |
| Phone | 9417474483 | PhoneNum |
| Preparation | 2025-11-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard A Russell | BusinessNameLine1Txt |
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 | $31,345,589 | GrossReceiptsAmt |
| Group Return For Affiliates | false | 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 | Sarasota Opera produces impassioned opera performances true to the vision of the composer, to entertain, enrich, educate, and inspire a life-long love of opera in our diverse and growing communities. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 144 | TotalEmployeeCnt |
| Total Volunteers | 165 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $4,391,593 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,640,944 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,608,610 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,617,865 | CYProgramServiceRevenueAmt |
| PY Investment Income | $434,595 | PYInvestmentIncomeAmt |
| CY Investment Income | $703,610 | CYInvestmentIncomeAmt |
| PY Other Revenue | $485,717 | PYOtherRevenueAmt |
| CY Other Revenue | $342,477 | CYOtherRevenueAmt |
| PY Total Revenue | $8,920,515 | PYTotalRevenueAmt |
| CY Total Revenue | $16,304,896 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $14,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,149,700 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,846,626 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $760,099 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,641,274 | PYOtherExpensesAmt |
| CY Other Expenses | $4,693,242 | CYOtherExpensesAmt |
| PY Total Expenses | $9,804,974 | PYTotalExpensesAmt |
| CY Total Expenses | $10,554,868 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$884,459 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,750,028 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $30,963,445 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,969,853 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,266,232 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,069,205 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $22,697,213 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,900,648 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Sarasota Opera produces impassioned opera performances true to the vision of the composer, to entertain, enrich, educate, and inspire a life-long love of opera in our diverse and growing communities. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,830,337 | ExpenseAmt |
| Grant | $15,000 | GrantAmt |
| Revenue | $3,917,654 | RevenueAmt |
| Desc | In the Fall of 2024, the Opera presented two performances of Giuseppe Verdi's music to nearly sold out houses, while our Youth Opera program, with it's growing participation, presented two performances of The Hobbit. The Winter Festival consisted of thirty-three performances, two more than the previous year. Four different operas were presented in front of over 28,000 patrons. In addition to these live main stage performances, the Opera continued its presentation of classic and classical HD movies. Community outreach events, in-school programs and teacher workshops continued to expand. The Opera's two guild organizations are growing and creating additional fundraising events and activities. | Desc |
| Total Program Service Expenses | $7,830,337 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 243 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 144 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| 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 (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ARTHUR SICILIANO | |||||||
| CHAIR | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHERINE BENOIT | |||||||
| VICE CHAIR | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RON ARCHBOLD | |||||||
| TREASURER | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVE SABATO | |||||||
| SECRETARY | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Alastair Hunter-Henderson | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| CAROL ENGLISH | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID CHAIFETZ | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| David L Bialosky | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| DONALD J WORTHINGTON | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| J SUMNER BAGBY | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| JANET STERN SOLOMON | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| JEFF TROIANO | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| JOHN F SUHRE | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Joseph Mallof | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| MARY J MITCHELL | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHAL WADSWORTH | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Patricia Dodge | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| PAUL DELAURO | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD DEGENNARO | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| ROSANNE MARTORELLA | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Sue Neumann | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN K STRAUS | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| SYBLE DI GIROLAMO | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Tamara Jacobs | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Thomas Garden | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| TOBY SIEGEL | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| ULYSSES BRUALDI | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM D TOMPKINS | |||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH TARASI | |||||||
| DIRECTOR OF FINANCE | 50.0 | Yes (X) | $117,070 | $0 | $10,343 | ||
| RICHARD RUSSELL | |||||||
| GENERAL DIRECTOR | 50.0 | Yes (X) | $325,139 | $0 | $10,668 | ||
| VICTOR DERENZI | |||||||
| TRUSTEE | 35.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $442,209 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $21,011 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| DERENZI & SUNDINE INC | ||||||
| 1111 N GULFSTREAM AVE | SARASOTA | FL | 34236 | ARTISTIC DIRECTION, STAGE DIRECTION, CON | $589,277 | |
| UNITED MECHANCIAL LLC | ||||||
| 8170 MAINLINE PARKWAY | FT MYERS | FL | 33912 | HVAC INSTALLATION AND SERVICES | $400,982 | |
| 7201 15TH STREET LLC | ||||||
| 1810 W KENNEDY BLVD | TAMPA | FL | 33606 | Set warehouse storage | $312,993 | |
| BIH ENT I SARASOTA LLC | ||||||
| BAILEY INVESTMENT HOLDINGS | TAMPA | FL | 33606 | COSTUME WAREHOUSE STORAGE | $185,770 | 912 W PLATT ST |
| ROSEMARY SQUARE LLC CO RED PROPERTY MNGMT | ||||||
| 555 S OSPREY AVENUE | SARASOTA | FL | 34236 | COMMON AREA MAINTENANCE FOR ARTIST RESIDENCES BLDG | $170,102 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $80,926 | FundraisingAmt |
| Government Grants | $95,925 | GovernmentGrantsAmt |
| All Other Contributions | $11,464,093 | AllOtherContributionsAmt |
| Noncash Contributions | $878,770 | NoncashContributionsAmt |
| Total Contributions | $11,640,944 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OPERA PRODUCTIONS | 711110 | $2,578,817 | $2,578,817 |
| RENTALS | 711110 | $822,279 | $822,279 |
| SARASOTA YOUTH OPERA | 711110 | $216,769 | $216,769 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,617,865 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $287,195 | TotalRevenueColumnAmt |
| Exclusion | $287,195 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,027,186 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,588,876 | SecuritiesAmt |
| Other | $21,895 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $438,310 | SecuritiesAmt |
| Other | -$21,895 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $416,415 | TotalRevenueColumnAmt |
| Exclusion | $416,415 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $472,610 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $80,926 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $429,922 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,688 | TotalRevenueColumnAmt |
| Exclusion | $42,688 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 711110 | BusinessCd |
| Total Revenue Column | $299,789 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $299,789 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $299,789 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,304,896 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,917,654 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $746,298 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,000 | TotalAmt |
| Program Services | $15,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $575,222 | TotalAmt |
| Program Services | $170,014 | ProgramServicesAmt |
| Management And General | $371,205 | ManagementAndGeneralAmt |
| Fundraising | $34,003 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,681,784 | TotalAmt |
| Program Services | $3,499,218 | ProgramServicesAmt |
| Management And General | $696,004 | ManagementAndGeneralAmt |
| Fundraising | $486,562 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $398,547 | TotalAmt |
| Program Services | $278,826 | ProgramServicesAmt |
| Management And General | $78,554 | ManagementAndGeneralAmt |
| Fundraising | $41,167 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,073 | TotalAmt |
| Program Services | $107,986 | ProgramServicesAmt |
| Management And General | $62,691 | ManagementAndGeneralAmt |
| Fundraising | $20,396 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,891 | TotalAmt |
| Management And General | $14,891 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,500 | TotalAmt |
| Management And General | $27,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,001 | TotalAmt |
| Management And General | $101,001 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400,844 | TotalAmt |
| Program Services | $400,844 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,488 | TotalAmt |
| Program Services | $13,037 | ProgramServicesAmt |
| Management And General | $159,079 | ManagementAndGeneralAmt |
| Fundraising | $18,372 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,312 | TotalAmt |
| Program Services | $7,430 | ProgramServicesAmt |
| Management And General | $138,495 | ManagementAndGeneralAmt |
| Fundraising | $3,387 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,192,975 | TotalAmt |
| Program Services | $1,118,624 | ProgramServicesAmt |
| Management And General | $74,351 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $663,843 | TotalAmt |
| Program Services | $659,792 | ProgramServicesAmt |
| Management And General | $2,258 | ManagementAndGeneralAmt |
| Fundraising | $1,793 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,975 | TotalAmt |
| Program Services | $23,448 | ProgramServicesAmt |
| Management And General | $30,350 | ManagementAndGeneralAmt |
| Fundraising | $4,177 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,200 | TotalAmt |
| Program Services | $65,881 | ProgramServicesAmt |
| Management And General | $88,807 | ManagementAndGeneralAmt |
| Fundraising | $5,512 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $835,664 | TotalAmt |
| Program Services | $798,843 | ProgramServicesAmt |
| Management And General | $36,821 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,594 | TotalAmt |
| Program Services | $188,131 | ProgramServicesAmt |
| Management And General | $5,463 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| PRODUCTION MATERIALS | $461,402 | $461,402 | ||
| GUILDS | $143,233 | $143,233 | ||
| GENERAL & ADMINISTRATIVE | $59,142 | $59,142 | ||
| Other | $23,358 | $21,861 | $1,497 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,820 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $17,820 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,554,868 | TotalAmt |
| Program Services | $7,830,337 | ProgramServicesAmt |
| Management And General | $1,964,432 | ManagementAndGeneralAmt |
| Fundraising | $760,099 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,727 | BOYAmt |
| EOY | $257,136 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,765 | BOYAmt |
| EOY | $66,992 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,915 | BOYAmt |
| EOY | $5,503,024 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,000 | BOYAmt |
| EOY | $295,925 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,992 | BOYAmt |
| EOY | $251,294 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $29,844,620 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,946,882 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,005,652 | BOYAmt |
| EOY | $14,897,738 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,764,300 | BOYAmt |
| EOY | $12,713,072 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,344,094 | BOYAmt |
| EOY | $2,984,672 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,963,445 | BOYAmt |
| EOY | $36,969,853 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $297,757 | BOYAmt |
| EOY | $467,576 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,018,592 | BOYAmt |
| EOY | $1,120,171 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,582,928 | BOYAmt |
| EOY | $3,418,352 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,366,955 | BOYAmt |
| EOY | $3,063,106 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,266,232 | BOYAmt |
| EOY | $8,069,205 | 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 | $13,772,945 | BOYAmt |
| EOY | $20,036,600 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,924,268 | BOYAmt |
| EOY | $8,864,048 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,697,213 | BOYAmt |
| EOY | $28,900,648 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,963,445 | BOYAmt |
| EOY | $36,969,853 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,750,028 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $453,407 | 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 | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
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 | $5,036,758 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,023,820 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,633,048 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,391,593 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,640,944 | CurrentTaxYearAmt |
| Total | $31,726,163 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $576,965 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,752,503 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,719,122 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,141,854 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,617,865 | CurrentTaxYearAmt |
| Total | $14,808,309 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,613,723 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,776,323 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,352,170 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,533,447 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,258,809 | CurrentTaxYearAmt |
| Total | $46,534,472 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $470,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $400,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $100,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $725,150 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $627,619 | CurrentTaxYearAmt |
| Total | $2,322,769 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $470,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $400,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $100,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $725,150 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $627,619 | CurrentTaxYearAmt |
| Total | $2,322,769 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $44,211,703 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $183,958 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $217,865 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $272,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $288,595 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $287,195 | CurrentTaxYearAmt |
| Total | $1,249,867 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $183,958 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $217,865 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $272,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $288,595 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $287,195 | CurrentTaxYearAmt |
| Total | $1,249,867 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $399,271 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $392,542 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $305,406 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $296,544 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $342,477 | CurrentTaxYearAmt |
| Total | $1,736,240 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,196,952 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,386,730 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,929,830 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,118,586 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,888,481 | CurrentTaxYearAmt |
| Total | $49,520,579 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.89279 | PublicSupportCY509Pct |
| Public Support PY509 | 0.86416 | PublicSupportPY509Pct |
| Investment Income CY | 0.03 | InvestmentIncomeCYPct |
| Investment Income PY | 0.0279 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - , COLUMN A - 399271.0, COLUMN B - 392542.0, COLUMN C - 305406.0, COLUMN D - 296544.0, COLUMN E - 342477.0, COLUMN F - 1736240.0; | ExplanationTxt |
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 | $11,764,300 | BeginningYearBalanceAmt |
| Contributions | $1,046,437 | ContributionsAmt |
| Investment Earnings Or Losses | $1,074,986 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,172,651 | OtherExpendituresAmt |
| End Year Balance | $12,713,072 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,860,172 | BeginningYearBalanceAmt |
| Contributions | $40,838 | ContributionsAmt |
| Investment Earnings Or Losses | $1,498,914 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $635,624 | OtherExpendituresAmt |
| End Year Balance | $11,764,300 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,218,599 | BeginningYearBalanceAmt |
| Contributions | $47,800 | ContributionsAmt |
| Investment Earnings Or Losses | -$109,237 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $296,990 | OtherExpendituresAmt |
| End Year Balance | $10,860,172 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| 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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.3129 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.6389 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0482 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | 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 | $23,741,408 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,549,421 | DepreciationAmt |
| Book Value | $13,191,987 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,638,746 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,397,461 | DepreciationAmt |
| Book Value | $1,241,285 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,897,738 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEPOSITS | $37,750 |
| RIGHT OF USE ASSETS | $2,946,922 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,984,672 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | |
| LEASE LIABILITIES | $3,063,106 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,063,106 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $17,087,224 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $453,407 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $429,922 | OtherRevenueAmt |
| Revenue Not Reported | $883,329 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,203,895 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $101,001 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $101,001 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $16,304,896 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,883,789 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $429,922 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $429,922 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,453,867 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $101,001 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $101,001 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,554,868 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 Intended uses of endowment funds | TO PROVIDE A STABLE FLOW OF RESOURCES FOR CURRENT OPERATIONS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Opera qualifies as a charitable organization as defined by Internal Revenue Code (IRC) Section 501(c)(3) and, accordingly, is exempt from federal income taxes under IRC Section 501(a). However, the Opera is subject to income tax on unrelated business income (UBI). For the year ended May 31, 2025, 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 Form 990, Return of Organization Exempt from Income Tax. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Special event expenses - 429922 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Special event expenses - 429922 |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Annual Gala | Event1Nm |
| Gross Receipts Event1 | $328,002 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $80,926 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $247,076 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $19,271 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $92,671 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $25,924 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $103,182 | OtherDirectExpensesEvent1Amt |
| Event2 | Courtyard Dinners | Event2Nm |
| Gross Receipts Event2 | $34,599 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $34,599 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $41,080 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $12,493 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $21,499 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $4,047 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $190,935 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $190,935 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $12,571 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $86,975 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $4,861 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,348 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $553,536 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $80,926 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $472,610 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $72,922 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $192,139 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $52,284 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $112,577 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $429,922 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $42,688 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 8 | RecipientCnt |
| Cash Grant | $15,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | Artist awards and scholarships are based on specific criteria and recipients are approved by the Board. | ExplanationTxt |
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 | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | 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 | $325,139 | 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 | $10,668 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $335,807 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $878,770 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Securities - Publicly traded - Number of contributions | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 11b Review of form 990 by governing body | 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, Line 12c Conflict of interest policy | 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, Line 15a Process to establish compensation of top management official | 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, Line 15b Process to establish compensation of other employees | 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, Line 19 Required documents available to the public | 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 Change of oversight process or selection process | THE PROCESS IS UNCHANGED FROM THE PRIOR YEAR. |
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