Fremont Opera House Inc is located in Fremont, NE. The organization was established in 1979. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fremont Opera House 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 12/2021, Fremont Opera House Inc generated $44.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $49.5k during the year ending 12/2021. 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
REHABILITATION, MAINTENANCE AND CONTINUED OPERATION OF THE HISTORIC LANDMARK BUILDING FREMONT OPERA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE, RESTORATION AND CONTINUED OPERATION OF THE HISTORICAL LANDMARK BUILDING KNOWN AS FREMONT OPERA HOUSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Faye Kreikemeier Secretary | Officer | $0 | |
Cindi Lamprecht Treasurer | Officer | $0 | |
Lee Meyer President | Officer | $0 | |
Neal Chromy Director | Trustee | $0 | |
Janet Larsen Director | Trustee | $0 | |
Susan Larson Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $20,607 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $20,607 |
Total Program Service Revenue | $21,424 |
Investment income | $829 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,337 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $44,552 |
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 | $0 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $696 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,259 |
Information technology | $25 |
Royalties | $0 |
Occupancy | $13,716 |
Travel | $0 |
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 | $0 |
Insurance | $6,739 |
All other expenses | $0 |
Total functional expenses | $49,547 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,227 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $123,950 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50,017 |
Total assets | $180,194 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $5,500 |
Other liabilities | $0 |
Total liabilities | $5,500 |
Net assets without donor restrictions | $174,694 |
Net assets with donor restrictions | $0 |
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 | $180,194 |
Over the last fiscal year, we have identified 1 grants that Fremont Opera House Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Beg. Balance | $46,602 |
Earnings | $5,934 |
Admin Expense | $696 |
Other Expense | $1,823 |
Ending Balance | $50,017 |
Organization Name | Assets | Revenue |
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Connect2culture Joplin, MO | $4,192,804 | $8,724,322 |
Vilar Center Arts Foundation Avon, CO | $21,813,325 | $6,525,406 |
Producers Live Stock Cr Corp Omaha, NE | $188,745,900 | $8,023,454 |
Center For The Arts Crested Butte, CO | $20,478,017 | $2,980,319 |
Sheldon Arts Foundation Saint Louis, MO | $19,890,863 | $2,862,291 |
Fonner Park Exposition And Events Center Inc Grand Island, NE | $3,469,214 | $2,166,552 |
Friends Of Levitt Pavilion Denver Denver, CO | $1,477,528 | $3,241,132 |
Gillioz Center For Arts And Entertainment Springfield, MO | $537,009 | $2,542,105 |
Grand Center Inc St Louis, MO | $11,709,828 | $1,280,958 |
St Lukes Performing Arts Academy Highlands Ranch, CO | $808,627 | $1,082,453 |
Orpheum Performing Arts Centre Ltd Wichita, KS | $3,982,044 | $1,347,692 |
Wyo Theatre Inc Sheridan, WY | $4,306,747 | $947,384 |