American Friends Of Covent Garden The Royal Opera The Royal Ballet

Organization Overview

American Friends Of Covent Garden The Royal Opera The Royal Ballet is located in New York, NY. The organization was established in 1969. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Covent Garden The Royal Opera The Royal Ballet 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 08/2023, American Friends Of Covent Garden The Royal Opera The Royal Ballet generated $3.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.3m during the year ending 08/2023. While expenses have increased by 3.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE OPERA, BALLET AND MUSIC BETWEEN THE U.S. AND THE U.K.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED GRANTS TO THE ROYAL OPERA HOUSE IN LONDON FOR OPERA AND BALLET PRODUCTIONS AND GENERAL OPERATING AND ADMINISTRATIVE EXPENSES. IN FISCAL YEAR 2023, THE ORGANIZATION PROVIDED THREE GRANTS TOTALING $3,174,160. OVER THE LAST DECADE, TOTAL GRANTS TO THE ROYAL OPERA HOUSE WERE OVER $50 MILLION.


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Board, Officers & Key Employees

Name (title)Compensation
Mr John Mcginn Trustee Thru
Nov 2022), Chair
$0
Ms Mercedes T Bass
Chair (thru Nov 2022), Director
$0
Ms Susan B Olde
Vice Chair
$0
Mr John G Turner
Vice Chair
$0
Mr G Scott Clemons
Treasurer
$0
Mrs Erika Bearman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$10,000
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,337,029
Noncash contributions included in lines 1a–1f $169,247
Total Revenue from Contributions, Gifts, Grants & Similar$3,347,029
Total Program Service Revenue$0
Investment income $5,262
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 $3,352,291

Peer Organizations

Organization NameAssets
Pennsylvania Ballet Association
Philadelphia, PA
$21,442,341
Pittsburgh Ballet Theatre Inc
Pittsburgh, PA
$16,154,254
Dance Theatre Of Harlem Inc
New York, NY
$7,516,917
Youth America Grand Prix Inc
New York, NY
$6,479,632
Ballet Tech Foundation Inc
New York, NY
$6,093,647
Princeton Ballet Society
New Brunswick, NJ
$4,573,316
Central Pa Youth Ballet
Carlisle, PA
$4,544,619
American Friends Of Covent Garden The Royal Opera The Royal Ballet
New York, NY
$3,352,291
New Jersey Ballet Company Inc
Florham Park, NJ
$2,295,624
Les Ballets Trockadero De Monte Carlo Inc
New York, NY
$1,701,558
Brooklyn Ballet Inc
Brooklyn, NY
$1,292,591
City Ballet Of Boston Inc
Jamaica Plain, MA
$714,896
Mystic Ballet Inc
Stonington, CT
$1,664,449
Attack Theatre Incorporated
Pittsburgh, PA
$1,326,978
Balletcollective Inc
New York, NY
$886,047
Connecticut Ballet Inc
Hartford, CT
$803,158
Ballet Theatre Company
West Hartford, CT
$725,115
Eglevsky Ballet Company Of L I Inc
Bethpage, NY
$781,412
New Haven Ballet Inc
New Haven, CT
$1,022,520
Dance Ring
New York, NY
$818,532
Ballet Artists Of Wny Inc
Bufflo, NY
$694,403
New Jersey Dance Theatre Ensemble Inc
Summit, NJ
$713,546
School Of The Garden State Ballet
Rutherford, NJ
$718,050
Eastern Connecticut Ballet Inc
East Lyme, CT
$719,989
Syracuse City Ballet Inc
Syracuse, NY
$520,468

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