Historic Homestake Opera House Society

Organization Overview

Historic Homestake Opera House Society is located in Lead, SD. The organization was established in 1998. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Historic Homestake Opera House Society employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Homestake Opera House Society 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 12/2020, Historic Homestake Opera House Society generated $428.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $428.3k during the year ending 12/2020. While expenses have increased by 5.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO RETURN THE OPERA HOUSE TO PRODUCTIVE USE FOR THE EDUCATION AND ENRICHMENT OF THE CITIZENS OF OUR COMMUNITY, AND TO PROVIDE EDUCATIONAL AND CULTURAL OPORTUNITIES FOR GENERATIONS TO COME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE YEAR, THE OPERA HOUSE HELD VARIOUS PERFORMING ARTS EVENTS TO PROVIDE THE PUBLIC WITH EDUCATIONAL AND CULTURAL OPPORTUNITIES, SUCH AS OUTDOOR AND INDOOR CONCERTS, COMMUNITY THEATER, DANCE, AND VARIETY SHOWS. THE THEATER AND BUILDING IS ALSO USED MONTHLY FOR HOSTING WEDDINGS, LARGE PRESENTATIONS, AND TO SHOW MOVIES WHILE REHABILITATION AND RESTORATION OF THE BUILDING CONTINUES.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Golden
Executive Di
$39,423
Patrick O-Leary
Former Exec
$18,435
Linda Wiley
President
$0
Sharon Martinisko
Vice Preside
$0
Betsy Semones
Secretary
$0
Lindsey Lothrop
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$50,859
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$350,145
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$401,004
Total Program Service Revenue$12,627
Investment income $1,151
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$11,026
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $15,307
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$2,011
Miscellaneous Revenue$0
Total Revenue $427,991

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Historic Homestake Opera House Society has recieved totaling $70,026.

Awarding OrganizationAmount
Adams-Mastrovich Family Foundation U A 15690

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$50,000
Socrates Foundation

Wheatland, WY

PURPOSE: PROGRAM/PROJECT SUPPORT

$12,000
Walter And Frances Green Charitable Trust

Billings, MT

PURPOSE: PROGRAM SUPPORT

$8,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$26
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,749
Net Contributions$6,576
Other Expense$8,408
Ending Balance$26,917

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