Chamber Opera Of Chicago
- Assets
- $429.3k
- Revenue
- $422.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/1983
- Data as of
- 06/2021
- EIN
- 36-3247003
Organization Overview
Chamber Opera Of Chicago is located in Chicago, IL. The organization was established in 1983. 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. Chamber Opera Of Chicago 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 06/2021, Chamber Opera Of Chicago generated $422.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $345.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERA PERFORMANCES FOR LOCAL AND INTERNATIONAL COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Frontczak Director | 3 | $29,750 | |
Barre Seid Sec'y,treas | 0 | $0 | |
Barbara Landis-Seid President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $421,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,110 |
| Total Revenue | $422,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $314 |
| Taxes | $13 |
| Depreciation | $9,083 |
| Occupancy | $166,856 |
| Travel, conferences, and meetings | $6,591 |
| Printing and publications | $175 |
| Other expenses | $143,807 |
| Total operating and administrative expenses | $345,389 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $345,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,059 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $324,193 |
| Other assets | $0 |
| Total assets | $429,252 |
| Accounts payable and accrued expenses | $35,845 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,845 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lyric Opera Of Chicago Chicago, IL | $270,226,178 | $60,302,671 |
Opera Theatre Of Saint Louis St Louis, MO | $111,453,146 | $9,625,492 |
Lyric Opera Of Kansas City Inc Kansas City, MO | $27,451,625 | $5,560,944 |
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 |
Kentucky Opera Association Inc Louisville, KY | $4,939,443 | $2,050,260 |
Madison Opera Inc Madison, WI | $2,864,319 | $1,938,281 |
Music Theater Works Wilmette, IL | $813,169 | $1,440,067 |
Indianapolis Opera Company Indianapolis, IN | $3,256,088 | $1,429,356 |
Chamber Opera Of Chicago Chicago, IL | $429,252 | $422,110 |