Chicago Opera Theater

Organization Overview

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 08/2021, Chicago Opera Theater employed 66 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 08/2021, Chicago Opera Theater generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $2.4m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHICAGO OPERA THEATER EXPANDS THE TRADITION OF OPERA AS A LIVING ART FORM BY ENGAGING LOVERS OF MUSIC AND STORYTELLING THROUGH INNOVATIVE EXPERIENCES, PREDOMINANTLY OF NEW AND RARELY PERFORMED WORKS.

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, COT HAS GROWN FROM A GRASSROOTS, COMMUNITY-BASED COMPANY TO A NATIONAL LEADER IN AN INCREASINGLY VIBRANT, DIVERSE, AND FORWARD-LOOKING ART FORM. COT HAS STAGED OVER 150 OPERAS, INCLUDING 78 CHICAGO PREMIERES AND 45 OPERAS BY AMERICAN COMPOSERS.IN ADDITION TO ITS MAINSTAGE SEASON, COT IS DEVOTED TO THE DEVELOPMENT AND PRODUCTION OF NEW OPERA IN THE UNITED STATES THROUGH ITS VANGUARD INITIATIVE, LAUNCHED IN 2018. THE VANGUARD INITIATIVE TRAINS EMERGING OPERA COMPOSERS, INVESTS TIME AND TALENT IN NEW OPERA AT VARIOUS STAGES OF THE CREATIVE PROCESS, AND OPENS UP OPPORTUNITIES FOR CHICAGO AUDIENCES TO BECOME PART OF THE DEVELOPMENT OF NEW WORK, IN DIALOGUE WITH THE CREATORS THEMSELVES.


EDUCATIONAL PROGRAMS:OPERA FOR ALL - OPERA FOR ALL (OFA) IS AN ELEMENTARY PROGRAM FOR CHICAGO PUBLIC SCHOOL STUDENTS. OFA INSPIRES STUDENTS TO UNDERSTAND THE ART BY PARTICIPATING IN IT, BOTH IN PRODUCTION AND IN PERFORMANCE.


OTHER PROGRAMS:COT YOUNG ARTISTS - THE COT/CCPA YOUNG ARTIST PROGRAM IS A SPECIALIZED OPPORTUNITY FOR DEVELOPING PIANISTS AND SINGERS. IT ALLOWS DEVELOPING ARTISTS WITH EXCEPTIONAL CAREER PROMISE AND MASTERY OF BASIC SKILLS TO FOCUS ON ALL AREAS OF THEIR ARTISTIC GROWTH. THE PROGRAM AFFORDS THEM PROFESSIONAL EXPERIENCE, PARTICULARLY IN THE DEVELOPMENT AND PERFORMANCE OF INNOVATIVE NEW WORK, WHILE ALSO SUPPORTING THEM WITH VOICE LESSONS, VOCAL COACHING, AND DRAMATIC TRAINING FROM THE ILLUSTRIOUS MUSIC AND PERFORMANCE FACULTY AT CCPA.EMERGNG COMPOSERS - CHICAGO OPERA THEATER'S VANGUARD EMERGING OPERA COMPOSER RESIDENCY IS A TWO-YEAR DEVELOPMENT PROGRAM THAT PLACES AN EMPHASIS ON BUILDING SKILLS AND CONNECTIONS FOR EMERGING OPERA COMPOSERS IN CHICAGO AND THE MIDWEST. THE PROGRAM AIMS TO BRIDGE THE GAP BETWEEN GENERAL COMPOSITIONAL SKILLS TAUGHT IN UNIVERSITY MUSIC PROGRAMS AND THE REAL-WORLD OBSERVATION AND EXPERIENCE THAT HELP INFORM AN OPERATIC COMPOSER'S WORK. LAUNCHED IN 2018, THE PROGRAM IDENTIFIES SKILLED COMPOSERS WHO HAVE NOT YET HAD SUFFICIENT OPPORTUNITIES FOR WRITING OPERA AND PROVIDES THEM WITH A TWO-YEAR COMPREHENSIVE COURSE OF STUDY.


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Board, Officers & Key Employees

Name (title)Compensation
Ashley Magnus
General Director
$108,939
Allen Heinemann
Secretary
$0
Susan Irion
President
$0
Roger Baskes
Member
$0
Peter Ascoli
Member
$0
Ron Bauer
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$75,015
Related organizations$0
Government grants $662,750
All other contributions, gifts, grants, and similar amounts not included above$1,911,900
Noncash contributions included in lines 1a–1f $53,779
Total Revenue from Contributions, Gifts, Grants & Similar$2,649,665
Total Program Service Revenue$69,635
Investment income $983
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$18,717
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,733,025

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Chicago Opera Theater has recieved totaling $672,522.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$453,000
John R Halligan Charitable Fund

Bannockburn, IL

PURPOSE: UNRESTRICTED FOR GENERAL USE OF CHARITY

$50,000
Edlis-Neeson Foundation Nfp

Chicago, IL

PURPOSE: UNRESTRICTED

$50,000
Frankel Foundation

Chicago, IL

PURPOSE: GENERAL OPERATING PURPOSES

$50,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$30,000
Robert And Isabelle Bass Foundation Inc

Chicago, IL

PURPOSE: SUPPORT FOR WORK,

$20,000
View Grant Recipient Profile

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