Metropolitan Opera Club Inc

Organization Overview

Metropolitan Opera Club Inc is located in New York, NY. The organization was established in 1946. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2022, Metropolitan Opera Club Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Opera Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 07/2022, Metropolitan Opera Club Inc generated $866.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $775.9k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CLUB CULTIVATES VOCAL AND INSTRUMENTAL MUSIC, FOSTER OPERATIC AND MUSICAL PERFORMANCES & SUPPORTS THE METROPOLITAN OPERA ASSOCIATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE METROPOLITAN OPERA CLUB IS ORGANIZED FOR PLEASURE AND ARTS. THE ACTIVITIES ARE FOR THE BENEFIT OF ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael J Harnett
General Manager
$120,423
J Truman Bidwell Jr
President
$0
Gerald Malone
Treasurer
$0
David R Owen
Secretary
$0
Douglas Barnet
Director
$0
John Brewer
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$150,000
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$150,000
Total Program Service Revenue$421,400
Investment income $611
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $236,801
Miscellaneous Revenue$0
Total Revenue $866,477

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Metropolitan Opera Club Inc has recieved totaling $137,000.

Awarding OrganizationAmount
Epstein Philanthropies

New York, NY

PURPOSE: GENERAL PURPOSES

$70,000
Stephen P Hanson Family Foundation Inc

New York, NY

PURPOSE: CHARITABLE CONTRIBUTION

$30,000
The William Brown Foundation Inc

New York, NY

PURPOSE: GENERAL

$17,500
C Jay Moorhead Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
Len & Laura Berlik Foundation Inc

Princeton, NJ

PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.

$5,500
Federated Foundations Inc

New York, NY

PURPOSE: GENERAL

$2,750
View Grant Recipient Profile

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