Opera Orlando Inc
- Assets
- $586.3k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 13
- Location
- Orlando, FL
- Founding
- 03/2010
- Data as of
- 06/2024
- EIN
- 27-0406958
Organization Overview
Opera Orlando Inc is located in Orlando, FL. The organization was established in 2010. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Opera Orlando Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opera Orlando Inc 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 06/2024, Opera Orlando Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $2.3m during the year ending 06/2024. While expenses have increased by 20.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OPERA ORLANDO'S MISSION IS TO ENGAGE AND ENTERTAIN CENTRAL FLORIDA AUDIENCES THROUGH THE TRANSFORMATIVE EXPERIENCE OF OPERA. OPERA ORLANDO PRESENTS HIGH-QUALITY, RELEVANT PRODUCTIONS AND EDUCATIONAL PROGRAMS FOR ALL AGES THAT ENRICH AND REFLECT OUR COMMUNITY'S DIVERSE CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERA ORLANDO PRESENTED ITS MAINSTAGE AND ON THE TOWN SERIES ALONG WITH MULTIPLE ANCILLARY AND EDUCATIONAL EVENTS THROUGHOUT CENTRAL FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John DE Armas Director | Trustee | 1 | $0 |
Walter Bissett Director | Trustee | 1 | $0 |
Sherry Bremer First Vice Chair/ Nominating Chair | OfficerTrustee | 1 | $0 |
Jeff Buhler Strategic Planning Committee Chair | OfficerTrustee | 1 | $0 |
Soyini Chang Dei Committee Chair | OfficerTrustee | 1 | $0 |
Kathy Cressey Board Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $395,336 |
| All other contributions, gifts, grants, and similar amounts not included above | $858,558 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,253,894 |
| Total Program Service Revenue | $623,621 |
| Investment income | $3,337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $330,647 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,211,499 |
| 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. | $123,000 |
| Compensation of current officers, directors, key employees. | $123,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $435,954 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $64,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $351,026 |
| Advertising and promotion | $114,779 |
| Office expenses | $10,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $420,969 |
| Travel | $50,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,746 |
| Insurance | $9,168 |
| All other expenses | $7,924 |
| Total functional expenses | $2,260,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,406 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $87,774 |
| 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 | $11,907 |
| Net Land, buildings, and equipment | $291,195 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,972 |
| Total assets | $586,254 |
| Accounts payable and accrued expenses | $15,600 |
| Grants payable | $0 |
| Deferred revenue | $13,671 |
| 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 | $26,417 |
| Total liabilities | $55,688 |
| Net assets without donor restrictions | $528,181 |
| Net assets with donor restrictions | $2,385 |
| 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 | $586,254 |