THE OPERA FOUNDATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
THE OPERA FOUNDATION INC (EIN 13-3377138)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-03-01
IRS object ID
201210619349300051
Schema version
2010v3.2
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)
Timestamp2012-03-01T03:07:41-08:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL LABOSCO CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line141 ANCHOR DRIVEAddressLine1
CityMASSAPEQUACity
StateNYState
ZIP Code11758ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN133377138EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE OPERA FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlOPERNameControl
Phone2126648843Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CO MANNHEIM LLC 712 5TH AVEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10019ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameBERNHARD KOEPPName
TitlePRESIDENTTitle
Phone2126648843Phone
Date Signed2011-11-06DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameMICHAEL LABOSCO CPAName
Phone5167951803Phone
Date Prepared2012-03-01DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonBERNHARD KOEPPNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1SAME ABOVEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10019ZIPCode
FieldValueIRS element (for citing)
Gross Receipts92868GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitehttp://www.operafoundation.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1986YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionProgram for American Artists to train and perform in two of the premier opera houses in Europe.ActivityOrMissionDescription
Nbr Voting Members Governing Body12NbrVotingMembersGoverningBody
Nbr Independent Voting Members12NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers12TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year32000ContributionsGrantsPriorYear
Contributions Grants Current Year92868ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year52025OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year84025TotalRevenuePriorYear
Total Revenue Current Year92868TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year56100GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY50779GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year13119SalariesEtcPriorYear
Salaries Etc Current Year15780SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year8296TotalFundrsngExpCurrentYear
Other Expense Prior Year6457OtherExpensePriorYear
Other Expenses Current Year13318OtherExpensesCurrentYear
Total Expenses Prior Year75676TotalExpensesPriorYear
Total Expenses Current Year79877TotalExpensesCurrentYear
Revenues Less Expenses Prior Year8349RevenuesLessExpensesPriorYear
Revenues Less Expenses CY12991RevenuesLessExpensesCY
Total Assets BOY61208TotalAssetsBOY
Total Assets EOY72999TotalAssetsEOY
Total Liabilities BOY6950TotalLiabilitiesBOY
Total Liabilities EOY5750TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY54258NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY67249NetAssetsOrFundBalancesEOY
Mission DescriptionProgram for American ArtistsMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense59384Expense
Grants50779Grants
Revenue92868Revenue
DescriptionPROGRAM TO PROVIDE SCHOLARSHIPS TO AMERICAN ARTISTS TO TRAIN AND PERFORM IN TWO OF THE PREMIER OPERA HOUSES IN EUROPEDescription
Total Program Service Expense59384TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualstrueMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members12NbrVotingGoverningBodyMembers
Number Independent Voting Members12NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovaltrueDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteesfalseMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicyfalseConflictOfInterestPolicy
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonBERNHARD KOEPPNamePerson
Telephone Number2126648843TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1SAME ADDRESS PAGE 1AddressLine1
CityFORMCity
StateNYState
ZIP Code10019ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (4 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
BERNHARD KOEPP
President4.00XX000
ELIZABETH WALBROEL
Exec. Director10.00XX0012000
SHERIF LOTFI
Treasurer3.00XX000
STEPHANIE DENKOWICZ
Secretary4.00XX000
FieldValueIRS element (for citing)
Total Other Compensation12000TotalOtherCompensation
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Fundraising Events60868FundraisingEvents
All Other Contributions32000AllOtherContributions
Total Contributions92868TotalContributions
Cntrbtns Rprtd Fundraising Events60868CntrbtnsRprtdFundraisingEvents

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column92868TotalRevenueColumn

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total50779Total
Program Services50779ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total15780Total
Program Services4500ProgramServices
Management And General5280ManagementAndGeneral
Fundraising6000Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total5750Total
Program Services0ProgramServices
Management And General5750ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total300Total
Program Services0ProgramServices
Management And General300ManagementAndGeneral
Fundraising0Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
Miscellaneous19201920
Rent4105410500
Bank Fees67506750
Documentary Film2296002296

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total79877Total
Program Services59384ProgramServices
Management And General12197ManagementAndGeneral
Fundraising8296Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY61208BOY
EOY72999EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY61208BOY
EOY72999EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY6950BOY
EOY5750EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY6950BOY
EOY5750EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY54258BOY
EOY67249EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY54258BOY
EOY67249EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY61208BOY
EOY72999EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses12991ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewtrueAccountantCompileOrReview
FS AuditedfalseFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years97930CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years38124CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years86656CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year82895CurrentTaxYearMinus1Year
Current Tax Year92884CurrentTaxYear
Total398489Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years97930CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years38124CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years86656CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year82895CurrentTaxYearMinus1Year
Current Tax Year92884CurrentTaxYear
Total398489Total
FieldValueIRS element (for citing)
Public Support Total170398489PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Total Support398489TotalSupport
Public Support Pertcentage1701.00000PublicSupportPertcentage170
Public Support Pertcent Prior Year1.00000PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170
Public Support Total5090PublicSupportTotal509
Public Support Percentage5090PublicSupportPercentage509
Investment Income Percentage0InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule F IRS990ScheduleF

Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursement
John Paul HuckleEurope116000wire or check
Rebecca J. LoebEurope117916wire or check
Seth Mease CaricoEurope116363wire or check
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorpfalseOwnForeignCorp
Passive Foreign Invest CofalsePassiveForeignInvestCo
Foreign PartnershiptrueForeignPartnership
Boycott CountriesfalseBoycottCountries

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1Dinner DanceNameOfEvent1
Gross Receipts Event1112302GrossReceiptsEvent1
Gross Revenue Event1112302GrossRevenueEvent1
Other Direct Expenses Event151418OtherDirectExpensesEvent1
Gross Receipts Total112302GrossReceiptsTotal
Gross Revenue Total Events112302GrossRevenueTotalEvents
Other Direct Expenses Total Events51418OtherDirectExpensesTotalEvents
Direct Expense Summary Events51418DirectExpenseSummaryEvents
Net Income Summary60884NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantScholarship(see stmt 1,2)TypeOfGrant
Number Of Recipients4NumberOfRecipients
Amount Of Cash Grant50779AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)

IdentifierIdentifierExplanationExplanation
Pt I Line 2The organization holds auditions each year and grant recipients are selelcted
Pt I Line 2based upon industry experts and trustees of the organization.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierExplanationExplanation
Pt VI-A, Line 6Trustees and Officers; twelve in total
Pt VI-A, Line 7aMust be approved by group detailed above.
Pt VI-A, Line 7bMajor strategic decisions are approved by group detailed above.
Pt VI-A, Line 8aMajor strategic decisions are documented with contemporaneous minutes.
Pt VI-A, Line 8bNot applicable-There are no individual committees.
Pt VI-B, Line 10bNot applicable.
Pt VI-B, Line 11aThe form 990 is reviewed by current officers prior to filing.
Pt VI-C, Line 19Financial Records are availble upon request.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.