The Gilbert & Sullivan Very Light Opera Company
- Assets
- $117.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/1981
- Data as of
- 12/2021
- EIN
- 41-1368101
Organization Overview
The Gilbert & Sullivan Very Light Opera Company is located in Minneapolis, MN. The organization was established in 1981. 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. Gilbert & Sullivan Very Light Opera Company 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, Gilbert & Sullivan Very Light Opera Company generated $16.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $10.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.0%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PRESENTED NO PROGRAMS DUE TO COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Waldyn Benbenek Publicity | 4 | $0 | |
Stephen Hage Producer | 8 | $0 | |
John Orbison Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,569 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,062 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,636 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $6,158 |
| Printing, publications, postage, and shipping | $383 |
| Other expenses | $4,020 |
| Total expenses | $10,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,295 |
| Other assets | $0 |
| Total assets | $117,295 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,295 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Gilbert & Sullivan Very Light Opera Company has recieved totaling $5,337.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,337 |
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 |
Madison Opera Inc Madison, WI | $2,864,319 | $1,938,281 |
Fargo Moorhead Opera Company Fargo, ND | $294,816 | $632,093 |
Pella Opera House Commission Pella, IA | $2,774,493 | $769,782 |
Opera For The Young Inc Madison, WI | $518,511 | $325,341 |
Lyric Opera Of The North Incorporated Duluth, MN | $114,889 | $287,922 |
Cedar Rapids Opera Theatre Cedar Rapids, IA | $144,760 | $305,349 |
Mill City Summer Opera Minneapolis, MN | $28,630 | $128,184 |
Northern Light Opera Company Incorporated Park Rapids, MN | $60,616 | $0 |
Milwaukee Opera Theatre Inc Elm Grove, WI | $172,296 | $0 |