American Opera Projects Inc
- Assets
- $361.6k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 36
- Location
- Brooklyn, NY
- Founding
- 08/1981
- Data as of
- 06/2022
- EIN
- 13-3081486
Organization Overview
American Opera Projects Inc is located in Brooklyn, NY. The organization was established in 1981. 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 06/2022, American Opera Projects Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Opera Projects Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, American Opera Projects Inc generated $1.0m 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 (3.2%) each year. All expenses for the organization totaled $909.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND PRESENT NEW AND INNOVATIVE WORKS OF LYRIC THEATER, PROVIDE A CREATIVE HOME TO EMERGING AND ESTABLISHED ARTISTS, AND ENGAGE CONTEMPORARY COMMUNITIES IN A TRANSFORMATIVE OPERATIC EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND PRESENT NEW AND INNOVATIVE WORKS OF LYRIC THEATER, PROVIDE A CREATIVE HOME TO EMERGING AND ESTABLISHED ARTISTS, AND ENGAGE CONTEMPORARY COMMUNITIES IN A TRANSFORMATIVE OPERATIC EXPERIENCE.COMPOSERS & THE VOICE, AOP'S BI-ANNUAL TRAINING PROGRAM, HELD A CONCERT IN SEPTEMBER 2021 IN FORT GREENE PARK FOR UPWARDS OF 100 ATTENDEES. THE CONCERT FEATURED SELECTIONS OF SCENES WRITTEN AND COMPOSED BY MEMBERS OF THE PROGRAM. THIS PERFORMANCE FEATURED 9 RESIDENT SINGERS AND 3 STAGE DIRECTORS, IN ADDITION TO THE 9 PARTICIPANTS IN THE PROGRAM.THE AOP MIXTAPE, A COMBINATION FUNDRAISER AND CONCERT PRESENTED IN APRIL 2022 AT JOE'S PUB IN MANHATTAN, FEATURED VARIOUS SELECTIONS FROM MANY OF AOP'S WORKS IN DEVELOPMENT, INCLUDING PRECIPICE, LETTERS THAT YOU WILL NOT GET, AND EAT THE DOCUMENT.THE AOP/NYU OPERA LAB, A TRAINING PROGRAM PARTNERED WITH THE TISCH SCHOOL OF THE ARTS FOR ASPIRING OPERA COMPOSERS AND LIBRETTISTS, STAGED TWO PERFORMANCES IN MAY 2022 BASED ON THE THEME OF REPRODUCTIVE RIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Gray General Director | 40 | $56,650 | |
Charles Jarden Board Member | Trustee | 1 | $2,199 |
Marshall Cohen Board Member | Trustee | 1 | $0 |
Anthony Roth Costanzo Board Member | Trustee | 1 | $0 |
Sarah Moulton Faux Board Member | Trustee | 1 | $0 |
J David Jackson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $337,908 |
| All other contributions, gifts, grants, and similar amounts not included above | $627,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $965,824 |
| Total Program Service Revenue | $16,175 |
| Investment income | -$277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $105 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,000,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,867 |
| Compensation of current officers, directors, key employees. | $22,616 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $195,206 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $300 |
| Payroll taxes | $19,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $442,570 |
| Advertising and promotion | $9,242 |
| Office expenses | $8,734 |
| Information technology | $5,037 |
| Royalties | $0 |
| Occupancy | $25,926 |
| Travel | $48,804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,049 |
| Insurance | $6,518 |
| All other expenses | $0 |
| Total functional expenses | $909,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $283,324 |
| Savings and temporary cash investments | $5,246 |
| Pledges and grants receivable | $35,952 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,632 |
| Net Land, buildings, and equipment | $525 |
| Investments—publicly traded securities | $26,336 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,561 |
| Total assets | $361,576 |
| Accounts payable and accrued expenses | $48,517 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $146,100 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $936 |
| Total liabilities | $195,553 |
| Net assets without donor restrictions | -$35,074 |
| Net assets with donor restrictions | $201,097 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $361,576 |