Madison Savoyards Ltd
- Assets
- $44.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 01/1975
- Data as of
- 12/2022
- EIN
- 23-7401465
Organization Overview
Madison Savoyards Ltd is located in Madison, WI. The organization was established in 1975. According to its NTEE Classification (A6A) the organization is classified as: Opera, 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. Madison Savoyards Ltd 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 12/2022, Madison Savoyards Ltd generated $40.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $48.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRODUCED 6 FULLY-STAGED PERFORMANCES OF GILBERT & SULLIVAN'S "RUDDIGORE, OR THE WITCH'S CURSE," AT THE BARTELL THEATRE IN DOWNTOWN MADISON, WI AUGUST 5-14, 2022. THE PRODUCTION WAS ACCOMPANIED BY A 7-PIECE ORCHESTRA WITH 21 CAST MEMBERS AND 22 ARTISTIC AND TECHNICAL CREW MEMBERS. 800 AUDIENCE MEMBERS ATTENDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Dexter President | 6 | $0 | |
Phillip Saganski Vice President | 3 | $0 | |
Aimee Teo Broman Treasurer | 6 | $0 | |
Rose Beach Secretary | 3 | $0 | |
Catherine Killam Member-At-Large | 2 | $0 | |
Walton Schalick Member-At-Large | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,660 |
| Total Program Service Revenue | $17,526 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,564 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,970 |
| Occupancy, rent, utilities, and maintenance | $8,254 |
| Printing, publications, postage, and shipping | $5,953 |
| Other expenses | $9,750 |
| Total expenses | $48,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,353 |
| Other assets | $0 |
| Total assets | $44,353 |
| Total liabilities | $913 |
| Net assets or fund balances | $43,440 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Madison Savoyards Ltd has recieved totaling $255.
| Awarding Organization | Amount |
|---|---|
Francis & Laurence Weinstein Foundation Inc Madison, WI PURPOSE: GENERAL OPERATIONS | $200 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $50 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Des Moines Metro Opera Inc Indianola, IA | $7,229,930 | $5,531,970 |
Skylight Music Theatre Corp Milwaukee, WI | $3,450,356 | $3,977,944 |
Florentine Opera Co Inc Milwaukee, WI | $7,598,617 | $5,457,526 |
Chicago Opera Theater Chicago, IL | $1,804,521 | $2,733,025 |
Madison Opera Inc Madison, WI | $2,864,319 | $1,938,281 |
Music Theater Works Wilmette, IL | $813,169 | $1,440,067 |
Opera Grand Rapids Grand Rapids, MI | $2,048,436 | $784,571 |
Chamber Opera Of Chicago Chicago, IL | $429,252 | $422,110 |
Pella Opera House Commission Pella, IA | $2,774,493 | $769,782 |
The Haymarket Opera Company Nfp Chicago, IL | $366,396 | $568,992 |
Opera For The Young Inc Madison, WI | $518,511 | $325,341 |
Opera Festival Of Chicago Inc Chicago, IL | $29,207 | $270,821 |