Ardea Arts Inc
- Assets
- $29.5k
- Revenue
- $267.5k
- Investments
- $0.0
- Employees
- 13
- Location
- New York, NY
- Founding
- 12/2006
- Data as of
- 06/2019
- EIN
- 20-4937547
Organization Overview
Ardea Arts Inc is located in New York, NY. The organization was established in 2006. 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 06/2019, Ardea Arts Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ardea Arts 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 06/2019, Ardea Arts Inc generated $267.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $270.0k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
ARDEA ARTS (NEW OPERA FOR NEW AUDIENCES)IS A NON-FOR-PROFIT DEVELOPMENT AND PRODUCTION COMPANY DEDICATED TO CREATING AND PERFORMING NEW OPERA AND MUSIC THEATRE WORKS OF THE HIGHEST PROFESSIONAL QUALITY, WHICH CHALLENGE AS WELL AS ENTERTAIN, SPEAK TO OUR DIVERSE GLOBAL COMMUNITY AND CHAMPION THE HUMAN SPIRIT. OUR COMMITTMENT EXTENDS TO GLOBAL AUDIENCES OF ALL AGES AND ALL WALKS OF LIFE. WE BRING TOGETHER UNEXPECTED ARTISITS TO REDEFINE AND REVITALIZE OPERA FOR THE 21ST CENTURY. OUR GOAL IS TO CREATE WORK THAT BRINGS NEW AUDIENCES AND NEW GENERATIONS TO OPERA, AND THAT TRAVELS INTO DIVERSE COMMUNITIES TO ENGAGE PEOPLE AND THEIR COMMUNITIES BOTH WITHIN AND FAR OUTSIDE THE WALLS OF THE OPERA HOUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOUNCE - THE BASKETBALL OPERA IS PERFORMED ON AN ACTUAL BASKETBALL COURT AND IS GROUNDED IN CONTEMPORARY ISSUES FACING TODAY'S YOUTH, INCLUDING TEEN VIOLENCE. PAIRING DIVERSE CASTING WITH A FRESH APPROACH TO ARTS EDUCATION, HIGH SCHOOL STUDENTS ARE INTEGRATED INTO THE PRODUCTION.
ANIMAL TALES IS A WACKY, RAMBUNCTIOUS AND INSPIRING OPERA/MUSICAL ABOUT DARING TO BE DIFFERENT, OVERCOMING STEREOTYPES AND FINDING PURPOSE AND HAPPINESS IN LIFE.
3 ASTRONAUTS- THE UNITED STATES, RUSSIA, AND CHINA ARE CAUGHT IN A 21ST-CENTURY SPACE RACE, EACH VYING TO BE THE FIRST NATION TO PUT AN EXPLORER ON THE SURFACE OF MARS.THE THRILLING STORY ENSUES AS HUMANITY RACES TOWARD THE UNKNOWN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grethe Barrett Holby Executive Dir. | OfficerTrustee | 40 | $0 |
Ibiayi Briggs Secretary | OfficerTrustee | 2 | $0 |
Len Elmore Director | OfficerTrustee | 2 | $0 |
Everett Mccorvey Director | Trustee | 2 | $0 |
J Speed Carroll Director | Trustee | 2 | $0 |
Raymond Wetmore Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $267,546 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $267,546 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,619 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,203 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,216 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $270,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,456 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,456 |
| Accounts payable and accrued expenses | $6,705 |
| 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 | $39,830 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,981 |
| Total liabilities | $62,516 |
| Net assets without donor restrictions | -$33,060 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$33,060 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Ardea Arts Inc has recieved totaling $41,005.
| Awarding Organization | Amount |
|---|---|
Lions Pride Foundation Beverly Farms, MA PURPOSE: TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION | $25,000 |
Arnhold Foundation Inc New York, NY PURPOSE: GENERAL FUND | $10,000 |
Kaufmann Foundation Inc New York, NY PURPOSE: CHARITABLE | $5,000 |
Andrew J Feldman Foundation Parsippany, NJ PURPOSE: CHARITABLE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Opera Guild Inc New York, NY | $11,636,908 | $9,957,948 |
Opera Philadelphia Philadelphia, PA | $10,821,353 | $11,047,971 |
Pittsburgh Opera Inc Pittsburgh, PA | $33,685,056 | $15,132,156 |
Glimmerglass Opera Theatre Inc Cooperstown, NY | $19,222,270 | $8,564,842 |
Civic Light Opera Association Pittsburgh, PA | $18,382,442 | $7,903,885 |
Fulton Theatre Company Lancaster, PA | $42,962,045 | $8,952,577 |
Boston Lyric Opera Company Boston, MA | $24,492,285 | $7,326,686 |
New York City Opera Inc New York, NY | $2,464,472 | $3,221,600 |
American Friends Of The Paris Opera & Ballet New York, NY | $1,099,480 | $1,059,401 |
Concerts In Motion Inc New York, NY | $1,668,907 | $960,461 |
Lake George Opera Festival Association Inc Saratoga Springs, NY | $321,221 | $1,192,996 |
Pittsburgh Opera Theater Inc Pittsburgh, PA | $277,338 | $656,627 |