Arizona Opera Company is located in Phoenix, AZ. The organization was established in 1972. 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 06/2021, Arizona Opera Company employed 287 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Opera Company 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 06/2021, Arizona Opera Company generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ARIZONA OPERA ELEVATES THE TRANSFORMATIVE POWER OF STORYTELLING THROUGH MUSIC (CONT ON SCH O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIGITAL OFFERINGS - ARIZONA OPERA REIMAGINED ITS 2020/21 SEASON (I.E., FY2021), INCLUDING DIGITAL OFFERINGS AND OUTDOOR, SOCIALLY DISTANCED CONCERTS. BY USING THE INFINITE POSSIBILITIES OF THE VIRTUAL MARKETPLACE, AZO CREATED MULTIMEDIA PROJECTS THAT EXPANDED THE COMPANY'S REACH BEYOND TRADITIONAL AND IN-PERSON AUDIENCES. MANY PROGRAMS WERE SO WELL RECEIVED THAT THEY HAVE CONTINUED IN THE 2021/22 SEASON (I.E., FY2022), AND WILL BE EXTENDED INTO THE 2022/23 SEASON (I.E., FY2023). IN TERMS OF NEW DIGITAL OFFERINGS, FOR EXAMPLE, A NEW VIDEO SERIES AVAILABLE ON YOUTUBE AND ARIZONA OPERA ONDEMAND IS "LOUD! (LIVING OPERA, UNDERSTANDING DIVERSITY)," A PROGRAM DESIGNED TO CONNECT COMMUNITIES THROUGH DISCUSSIONS WITH DIVERSE CROSS-SECTIONS OF THE COMMUNITY, SHOWCASING ARTS AND CULTURE IN THE WEST, AND HIGHLIGHTING STORIES THAT ARE FOCUSED ON MUSIC AND GROUNDED IN THEIR SOMETIMES-SURPRISING CONNECTIONS TO THE WORLD OF OPERA. "UNMIC'D" IS ANOTHER VIDEO SERIES THAT PREMIERED DURING THE PANDEMIC AND THAT CONTINUES TODAY, EXPLORING THE BLURRY EDGE THAT CONNECTS THE WORLD OF OPERA TO JUST ABOUT EVERYTHING ELSE. "ARIZONA OPERA: BEHIND THE SCENES! A PODCAST" SHARES AN ALL-ACCESS LOOK AT AZO. THE ARIZONA OPERA BOOK CLUB WENT VIRTUAL IN FY2021 AND DUE TO PARTICIPANT FEEDBACK IN PHOENIX AND TUCSON, THE CLUB WILL STAY VIRTUAL IN 2022/23, MAKING IT MORE ACCESSIBLE TO LARGER NUMBERS OF PARTICIPANTS. THESE PROGRAMS CONTINUE TO BE FEATURED ON ARIZONA OPERA'S STREAMING PLATFORM, ARIZONA OPERA ONDEMAND, IN ADDITION TO APPEARING IN VARIOUS CONTENT ACROSS ARIZONA OPERA'S SOCIAL MEDIA PLATFORMS. IN TOTAL, THESE CONCERTS AND THEIR RELATED CONTENT ON SOCIAL MEDIA HAVE ACHIEVED APPROXIMATELY 18,228 VIEWS TO DATE. DURING FY2021, YOUTH PROGRAMS WERE PRIMARILY OFFERED IN VIRTUAL SETTINGS, PIVOTING AWAY FROM IN-SCHOOL PERFORMANCES DURING THE TIME THEY WERE NOT POSSIBLE DUE TO THE PANDEMIC. MASTERCLASSES WITH SCHOOLS AND MUSICAL STORYTIMES WERE MADE AVAILABLE ON ARIZONA OPERA ONDEMAND ON YOUTUBE. VIRTUAL MASTERCLASSES REACHED STUDENTS ACROSS THE COUNTRY DURING THE PANDEMIC, FROM NEW YORK TO CALIFORNIA, AND SERVED HOMESCHOOLED STUDENTS AS WELL. THESE OFFERINGS AFFORDED THE OPPORTUNITY FOR ENGAGEMENT DURING THE PANDEMIC AND CREATES OPPORTUNITIES FOR PARTICIPATION OUTSIDE OF ARIZONA. THESE PROGRAMS CONTINUE TO BE FEATURED ON ARIZONA OPERA'S STREAMING PLATFORM, ARIZONA OPERA ONDEMAND, IN ADDITION TO APPEARING IN VARIOUS CONTENT ACROSS ARIZONA OPERA'S SOCIAL MEDIA PLATFORMS. IN TOTAL, THESE CONCERTS AND THEIR RELATED CONTENT ON SOCIAL MEDIA HAVE ACHIEVED APPROXIMATELY 37,404 VIEWS TO DATE.
"THE COPPER QUEEN" WAS ORIGINALLY SLATED TO BE PERFORMED IN THEATRE, BUT WAS DELAYED DUE TO THE PANDEMIC. INSTEAD OF CANCELING THE PRODUCTION ALTOGETHER, AZO CHOSE TO REIMAGINE THE SHOW AS THE COMPANY'S FIRST FILM PROJECT, WHICH WAS FILMED DURING FY2021. "THE COPPER QUEEN" PREMIERED ON HARKINS MOVIE SCREENS IN BOTH PHOENIX AND TUCSON IN FALL 2021 FOR A WEEKLONG+ RUN, IN ADDITION TO STREAMING ON ARIZONA OPERA'S ONLINE PLATFORM "ARIZONA OPERA ONDEMAND," WHERE IT HAS REACHED APPROXIMATELY 1,000 VIEWS TO DATE. "THE COPPER QUEEN" IS NOT ONLY AZO'S FIRST FILM PROJECT, BUT IT IS ALSO THE COMPANY'S SECOND WORLD PREMIERE COMMISSION, FOCUSING ON THE ARIZONA STORY OF THE FAMOUSLY HAUNTED BISBEE HOTEL OF THE SAME NAME. IT IS A WONDERFUL INTRODUCTION TO OPERA FOR NEW AUDIENCES AND SEASONED OPERA-LOVERS ALIKE AND IS CONTINUING TO EXTEND INTERNATIONAL AWARENESS OF ARIZONA OPERA'S WORK THROUGH ADDITIONAL SCREENINGS AT FILM FESTIVALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Specter President & General Director | OfficerTrustee | 40 | $191,667 |
Dr Stephen Munk Chair | OfficerTrustee | 2 | $0 |
Erik Peterson Director | Trustee | 2 | $0 |
Scott Stallard Treasurer | OfficerTrustee | 2 | $0 |
Sharon Landis Immediate Past Chair | OfficerTrustee | 2 | $0 |
Kay Mcdougall Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $17,463 |
Government grants | $563,889 |
All other contributions, gifts, grants, and similar amounts not included above | $4,534,601 |
Noncash contributions included in lines 1a–1f | $17,897 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,115,953 |
Total Program Service Revenue | $54,585 |
Investment income | $45 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $4,039 |
Net Gain/Loss on Asset Sales | $29,519 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$4,309 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,203,116 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,689,392 |
Pension plan accruals and contributions | $4,655 |
Other employee benefits | $229,796 |
Payroll taxes | $131,315 |
Fees for services: Management | $1,117 |
Fees for services: Legal | $163,459 |
Fees for services: Accounting | $28,005 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,740 |
Fees for services: Other | $144,274 |
Advertising and promotion | $222,297 |
Office expenses | $141,693 |
Information technology | $219,466 |
Royalties | $280 |
Occupancy | $337,875 |
Travel | $169,597 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,903 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $433,289 |
Insurance | $41,625 |
All other expenses | $176,873 |
Total functional expenses | $4,295,525 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,976,464 |
Savings and temporary cash investments | $289,957 |
Pledges and grants receivable | $2,314,708 |
Accounts receivable, net | $5 |
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 | $180,834 |
Net Land, buildings, and equipment | $2,065,837 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,207,548 |
Investments—program-related | $0 |
Intangible assets | $776,424 |
Other assets | $2 |
Total assets | $9,811,779 |
Accounts payable and accrued expenses | $664,190 |
Grants payable | $0 |
Deferred revenue | $671,579 |
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 | $27,416 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $439,200 |
Total liabilities | $1,802,385 |
Net assets without donor restrictions | $2,394,849 |
Net assets with donor restrictions | $5,614,545 |
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 | $9,811,779 |
Over the last fiscal year, we have identified 14 grants that Arizona Opera Company has recieved totaling $233,837.
Awarding Organization | Amount |
---|---|
Jewish Community Foundation Of Southern Arizona Tucson, AZ PURPOSE: SUPPORT | $75,980 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $44,630 |
Tucson Desert Song Festival Tucson, AZ PURPOSE: SUBSIDIZE PERFORMANCES AND MASTER CLASS FEATURING LEADING VOCAL ARTIST | $29,000 |
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $26,500 |
Allen-Heath Memorial Foundation Chicago, IL PURPOSE: NOT FOR SALARIES AND WAGES | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $14,700 |
Beg. Balance | $1,309,058 |
Earnings | $287,133 |
Net Contributions | $902,056 |
Ending Balance | $2,498,247 |
Organization Name | Assets | Revenue |
---|---|---|
Utah Symphony & Opera Salt Lake City, UT | $65,182,568 | $24,613,086 |
Broadway Sacramento Sacramento, CA | $29,155,113 | $19,599,136 |
San Diego Opera Association San Diego, CA | $16,926,315 | $9,586,984 |
Arizona Opera Company Phoenix, AZ | $9,811,779 | $5,203,116 |
Utah Festival Opera Company Logan, UT | $13,283,393 | $3,306,953 |
Merola Opera Program San Francisco, CA | $44,068,195 | $6,981,878 |
Southern Nevada Operating Engineers Journeyman & Apprentice Trng Trust Pasadena, CA | $24,160,853 | $2,787,324 |
Opera Colorado Englewood, CO | $4,199,479 | $3,925,553 |
Opera San Jose Incorporated San Jose, CA | $12,606,207 | $4,136,604 |
Long Beach Opera Long Beach, CA | $345,844 | $1,381,983 |
Opera Southwest Albuquerque, NM | $1,329,317 | $1,039,944 |
Woodland Opera House Inc Woodland, CA | $1,596,834 | $1,278,208 |