Chicago Opera Theater is located in Chicago, IL. The organization was established in 1974. 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 08/2023, Chicago Opera Theater employed 230 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Opera Theater 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, Chicago Opera Theater generated $2.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $3.5m during the year ending 08/2023. While expenses have increased by 3.6% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHICAGO OPERA THEATER ENGAGES LOVERS OF MUSIC AND STORYTELLING THROUGH INNOVATIVE EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION: SINCE ITS FOUNDING IN 1973, IN A CITY WHERE STOREFRONT THEATERS AND GLOBAL ICONS THRIVE SIDE BY SIDE, CHICAGO OPERA THEATER (COT) HAS GROWN FROM A GRASSROOTS ORGANIZATION TO A NATIONAL LEADER IN AN INCREASINGLY VIBRANT , DIVERSE, AND FORWARD-LOOKING ART FORM. EACH SEASON, COT PRODUCES A COMBINATION OF CONTEMPORARY OPERAS ALONGSIDE RARELY PRODUCED WORKS, MANY OF WHICH ARE CHICAGO PREMIERES. COT ALSO PROACTIVELY SEEKS TO AMPLIFY THE WORK OF ARTISTS FROM HISTORICALLY UNDERREPRESENTED GROUPS, INCLUDING WOMEN AND ARTIST OF COLOR. DURING THE 2022-23 SEASON, COT PRODUCED THE CHICAGO PREMIERE OF KING ROGER (SZYMANOWSKI/IWASZKIEWICZ); THE WORLD PREMIERE OF THE LIFE AND DEATH(S) OF ALAN TURING (CHEN/SIMPATICO); FOR A LOOK AND A TOUCH & ANOTHER SUNRISE (HEGGIE/SCHEER); AND ALBERT HERRING (BRITTEN/CROZIER). SINCE THE COMPANYS FOUNDING, COT HAS STAGED OVER 160 OPERAS, INCLUDING 90 CHICAGO PREMIERES, 9 WORLD PREMIERES; AND 49 OPERAS BY AMERICAN COMPOSERS.
PRODUCTION: SINCE ITS FOUNDING IN 1973, IN A CITY WHERE STOREFRONT THEATERS AND GLOBAL ICONS THRIVE SIDE BY SIDE, CHICAGO OPERA THEATER (COT) HAS GROWN FROM A GRASSROOTS ORGANIZATION TO A NATIONAL LEADER IN AN INCREASINGLY VIBRANT , DIVERSE, AND FORWARD-LOOKING ART FORM. EACH SEASON, COT PRODUCES A COMBINATION OF CONTEMPORARY OPERAS ALONGSIDE RARELY PRODUCED WORKS, MANY OF WHICH ARE CHICAGO PREMIERES. COT ALSO PROACTIVELY SEEKS TO AMPLIFY THE WORK OF ARTISTS FROM HISTORICALLY UNDERREPRESENTED GROUPS, INCLUDING WOMEN AND ARTIST OF COLOR. DURING THE 2022-23 SEASON, COT PRODUCED THE CHICAGO PREMIERE OF KING ROGER (SZYMANOWSKI/IWASZKIEWICZ); THE WORLD PREMIERE OF THE LIFE AND DEATH(S) OF ALAN TURING (CHEN/SIMPATICO); FOR A LOOK AND A TOUCH & ANOTHER SUNRISE (HEGGIE/SCHEER); AND ALBERT HERRING (BRITTEN/CROZIER). SINCE THE COMPANYS FOUNDING, COT HAS STAGED OVER 160 OPERAS, INCLUDING 90 CHICAGO PREMIERES, 9 WORLD PREMIERES; AND 49 OPERAS BY AMERICAN COMPOSERS.
PROFESSIONAL ARTIST DEVELOPMENT: COT IS COMMITTED TO MENTORING THE NEXT GENERATION OF OPERA ARTISTS THROUGH TWO DISTINCT INITIATIVES: THE YOUNG ARTIST PROGRAM FOR SINGERS AND PIANISTS; AND THE VANGUARD PROGRAM FOR EMERGING OPERA COMPOSERS. COTS PROGRAM FOR SINGERS AND PIANIST IS OFFERED IN COLLABORATION WITH ROOSEVELT UNIVERSITY CHICAGO COLLEGE OF PERFORMING ARTS (CCPA). THROUGH THIS PROGRAM, DEVELOPING PERFORMERS WITH SIGNIFICANT CAREER PROMISE ARE PROVIDED WITH BOTH PERSONALIZED TRAINING AND PROFESSIONAL PERFORMANCE OPPORTUNITIES IN COTS PRODUCTIONS. THIS IS A TUITION-FREE INITIATIVE, DURING WHICH ARTISTS RECEIVE A WEEKLY STIPEND TO ASSIST WITH THEIR LIVING EXPENSES. THE VANGUARD PROGRAM FOR COMPOSERS IS AN IMMERSIVE RESIDENCY THAT INCLUDES PARTICIPATION IN COT PRODUCTIONS, TRAINING WITH TOP INDUSTRY LEADERS, EXTENSIVE STUDY OF REPERTOIRE AND VOCAL WRITING, DIRECT INSIGHT INTO ADMINISTRATIVE AND OTHER BEHIND-THE-SCENES PROCESSES, AND CULMINATES WITH THE DEVELOPMENT OF A FULL-LENGTH CHAMBER OPERA COMMISSIONED BY COT. VANGUARD COMPOSERS RECEIVE A MONTHLY STIPEND AND ALSO RECEIVE COMMISSION FEES FOR WRITING NEW WORKS UNDER THE AUSPICES OF THE PROGRAM. DURING THE 2022-23 SEASON, 4 SINGERS, 1 PIANIST, AND 2 COMPOSERS WERE SUPPORTED THROUGH COTS PROFESSIONAL ARTIST DEVELOPMENT INITIATIVES; AND COT PRESENTED THE CONCERT PREMIERE OF THE COOK-OFF, A NEW OPERA WRITTEN BY VANGUARD COMPOSER IN RESIDENCE SHAWN OKPEBHOLO IN COLLABORATION WITH LIBRETTIST MARK CAMPBELL.
PROFESSIONAL ARTIST DEVELOPMENT: COT IS COMMITTED TO MENTORING THE NEXT GENERATION OF OPERA ARTISTS THROUGH TWO DISTINCT INITIATIVES: THE YOUNG ARTIST PROGRAM FOR SINGERS AND PIANISTS; AND THE VANGUARD PROGRAM FOR EMERGING OPERA COMPOSERS. COTS PROGRAM FOR SINGERS AND PIANIST IS OFFERED IN COLLABORATION WITH ROOSEVELT UNIVERSITY CHICAGO COLLEGE OF PERFORMING ARTS (CCPA). THROUGH THIS PROGRAM, DEVELOPING PERFORMERS WITH SIGNIFICANT CAREER PROMISE ARE PROVIDED WITH BOTH PERSONALIZED TRAINING AND PROFESSIONAL PERFORMANCE OPPORTUNITIES IN COTS PRODUCTIONS. THIS IS A TUITION-FREE INITIATIVE, DURING WHICH ARTISTS RECEIVE A WEEKLY STIPEND TO ASSIST WITH THEIR LIVING EXPENSES. THE VANGUARD PROGRAM FOR COMPOSERS IS AN IMMERSIVE RESIDENCY THAT INCLUDES PARTICIPATION IN COT PRODUCTIONS, TRAINING WITH TOP INDUSTRY LEADERS, EXTENSIVE STUDY OF REPERTOIRE AND VOCAL WRITING, DIRECT INSIGHT INTO ADMINISTRATIVE AND OTHER BEHIND-THE-SCENES PROCESSES, AND CULMINATES WITH THE DEVELOPMENT OF A FULL-LENGTH CHAMBER OPERA COMMISSIONED BY COT. VANGUARD COMPOSERS RECEIVE A MONTHLY STIPEND AND ALSO RECEIVE COMMISSION FEES FOR WRITING NEW WORKS UNDER THE AUSPICES OF THE PROGRAM. DURING THE 2022-23 SEASON, 4 SINGERS, 1 PIANIST, AND 2 COMPOSERS WERE SUPPORTED THROUGH COTS PROFESSIONAL ARTIST DEVELOPMENT INITIATIVES; AND COT PRESENTED THE CONCERT PREMIERE OF THE COOK-OFF, A NEW OPERA WRITTEN BY VANGUARD COMPOSER IN RESIDENCE SHAWN OKPEBHOLO IN COLLABORATION WITH LIBRETTIST MARK CAMPBELL.
EDUCATION PROGRAMS: COTS OPERA FOR ALL (OFA) IS A COMPREHENSIVE PROGRAM FOR CHICAGO PUBLIC SCHOOL STUDENTS. OFA EMPOWERS CREATIVITY AND FOSTERS COLLABORATION THROUGH HANDS-ON, WEEKLY IN CLASS WORKSHOPS. DURING OFA SESSIONS, TEACHING ARTISTS GUIDE EACH CLASSROOM THROUGH THE STAGES OF CREATING, PRODUCING, AND PERFORMING THEIR OWN SHORT OPERAS. IN ADDITION TO LIBRETTO WRITING, COMPOSING, PAINTING, SINGING, DANCING, AND PERFORMING, STUDENTS ARE ABLE TO ATTEND A PROFESSIONAL OPERA PERFORMANCE AT COT. OPERA FOR ALL IS FREE FOR ALL PARTICIPATING SCHOOLS. DURING THE 2022-23 SEASON, OFA SERVED JUST OVER 500 STUDENTS.
EDUCATION PROGRAMS: COTS OPERA FOR ALL (OFA) IS A COMPREHENSIVE PROGRAM FOR CHICAGO PUBLIC SCHOOL STUDENTS. OFA EMPOWERS CREATIVITY AND FOSTERS COLLABORATION THROUGH HANDS-ON, WEEKLY IN CLASS WORKSHOPS. DURING OFA SESSIONS, TEACHING ARTISTS GUIDE EACH CLASSROOM THROUGH THE STAGES OF CREATING, PRODUCING, AND PERFORMING THEIR OWN SHORT OPERAS. IN ADDITION TO LIBRETTO WRITING, COMPOSING, PAINTING, SINGING, DANCING, AND PERFORMING, STUDENTS ARE ABLE TO ATTEND A PROFESSIONAL OPERA PERFORMANCE AT COT. OPERA FOR ALL IS FREE FOR ALL PARTICIPATING SCHOOLS. DURING THE 2022-23 SEASON, OFA SERVED JUST OVER 500 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ashley Magnus Gen. Director | Officer | 40 | $107,055 |
Susan Irion President | OfficerTrustee | 1 | $0 |
Allen Heinemann Secretary | OfficerTrustee | 1 | $0 |
Henry Fogel Immed.past Pres | OfficerTrustee | 1 | $0 |
Alissa Andraski Director | Trustee | 1 | $0 |
Peter Ascoli Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $43,784 |
Related organizations | $0 |
Government grants | $52,150 |
All other contributions, gifts, grants, and similar amounts not included above | $2,043,138 |
Noncash contributions included in lines 1a–1f | $304,273 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,139,072 |
Total Program Service Revenue | $380,666 |
Investment income | $8,418 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $5,180 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,599,908 |
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. | $107,001 |
Compensation of current officers, directors, key employees. | $13,917 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,062,494 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $143,045 |
Payroll taxes | $90,537 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,916 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $288,212 |
Advertising and promotion | $39,308 |
Office expenses | $73,313 |
Information technology | $0 |
Royalties | $16,811 |
Occupancy | $276,994 |
Travel | $183,355 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $26,119 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,628 |
Insurance | $26,248 |
All other expenses | $6,585 |
Total functional expenses | $3,465,399 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $131,646 |
Savings and temporary cash investments | $333,372 |
Pledges and grants receivable | $1,254,924 |
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 | $147,752 |
Net Land, buildings, and equipment | $2,286 |
Investments—publicly traded securities | $0 |
Investments—other securities | $205,360 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $67,043 |
Total assets | $2,142,383 |
Accounts payable and accrued expenses | $89,646 |
Grants payable | $0 |
Deferred revenue | $104,204 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $66,471 |
Total liabilities | $260,321 |
Net assets without donor restrictions | -$296,841 |
Net assets with donor restrictions | $2,178,903 |
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 | $2,142,383 |