Lyric Opera Of Kansas City Inc
- Assets
- $28.2m
- Revenue
- $6.7m
- Investments
- $2.1m
- Employees
- 251
- Location
- Kansas City, MO
- Founding
- 09/1960
- Data as of
- 06/2023
- EIN
- 44-0626124
Organization Overview
Lyric Opera Of Kansas City Inc is located in Kansas City, MO. The organization was established in 1960. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Lyric Opera Of Kansas City Inc employed 251 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyric Opera Of Kansas City 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 06/2023, Lyric Opera Of Kansas City Inc generated $6.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $6.6m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LYRIC OPERA OF KANSAS CITY PRODUCES PROFESSIONAL OPERA AND EDUCATIONAL PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERA PRODUCTIONS: LYRIC OPERA OF KANSAS CITY PRODUCED FOUR MAINSTAGE OPERAS IN THE 2022-23 SEASON, TOTALING 14 PERFORMANCES. WE OPENED THE SEASON WITH ONE OF THE MOST POPULAR OPERAS OF ALL TIME, BIZET'S "CARMEN," FOLLOWED BY VERDI'S "LA TRAVIATA." IN THE SPRING, WE PRESENTED COMPOSER PAUL MORAVEC AND LIBRETTIST MARK CAMPBELL'S CONTEMPORARY OPERA "THE SHINING," BASED ON THE CLASSIC HORROR NOVEL BY STEPHEN KING. THE LYRIC WAS ASKED TO PRODUCE THE WORK'S PREMIERE RECORDING IN COLLABORATION WITH THE KANSAS CITY SYMPHONY AND RENOWNED CONDUCTOR GERARD SCHWARZ. THE SEASON CONCLUDED WITH THE SEMI-STAGED CONCERT "SONDHEIM ON SONDHEIM," HONORING THE LEGACY OF THE LATE COMPOSER. WE ALSO OFFERED EIGHT PUBLIC PERFORMANCES OF THE HOLIDAY CLASSIC "AMAHL AND THE NIGHT VISITORS" IN OUR PRODUCTION ARTS BUILDING.
EDUCATION/ENGAGEMENT: IN 2022-23, WE LAUNCHED OUR IN-SCHOOL EDUCATIONAL INITIATIVE OPERA UNLOCKED, WHICH INCLUDED AN IN-SCHOOL TOUR OF A NEWLY COMMISSIONED OPERA, "SKETCHBOOK FOR OLLIE;" SCHOOL PERFORMANCES OF "AMAHL AND THE NIGHT VISITORS;" NARRATIVE STORYTELLING WORKSHOPS; A RESIDENCY WITH YOUNG WOMEN ON THE MOVE; STUDENT DRESS REHEARSALS; LYRIC OPERA PRELUDES; AND SESSIONS ON CAREERS IN THE OPERA WORLD. COMMUNITY AND FAMILY PROGRAMMING ENCOURAGES PEOPLE OF ALL AGES TO BUILD LIFELONG RELATIONSHIPS WITH THE ARTS. 2022-23 PROGRAMMING INCLUDED COMMUNITY CONVERSATIONS THAT EXPLORE THE "HERE AND NOW" IMPLICATIONS OF OPERA; OPERA DIVES DEEP PRESENTATIONS THAT PROVIDE INSIGHT INTO OUR SEASON; PRE-OPERA TALKS; OPERA TO GO PERFORMANCES AT RETIREMENT/ASSISTED LIVING FACILITIES; AND DAYTIME PERFORMANCES OF OPERAS FOR FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig L Evans President | OfficerTrustee | 1 | $0 |
Melinda L Estes MD Vice President | OfficerTrustee | 1 | $0 |
Scott Blakesley Secretary | OfficerTrustee | 1 | $0 |
Mark Benedict Treasurer | OfficerTrustee | 1 | $0 |
Dr Ivan Batlle Trustee | Trustee | 1 | $0 |
Alicia Beck Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kansas City Symphony Orchestra Services | 6/29/23 | $360,187 |
Kauffman Ctr-performing Arts Auditorium Rental/svcs | 6/29/23 | $315,913 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $483,970 |
| Related organizations | $0 |
| Government grants | $121,484 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,434,455 |
| Noncash contributions included in lines 1a–1f | $26,012 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,039,909 |
| Total Program Service Revenue | $1,356,011 |
| Investment income | $107,063 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $156,833 |
| Net Gain/Loss on Asset Sales | $34,033 |
| Net Income from Fundraising Events | -$79,092 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,662,493 |
| 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. | $369,051 |
| Compensation of current officers, directors, key employees. | $108,084 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,885,447 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $183,584 |
| Payroll taxes | $169,877 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,534 |
| Fees for services: Accounting | $54,522 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,791 |
| Fees for services: Investment Management | $5,686 |
| Fees for services: Other | $430,851 |
| Advertising and promotion | $335,934 |
| Office expenses | $39,709 |
| Information technology | $99,067 |
| Royalties | $0 |
| Occupancy | $478,444 |
| Travel | $227,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,315 |
| Interest | $86,141 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $260,015 |
| Insurance | $82,486 |
| All other expenses | $57,740 |
| Total functional expenses | $6,559,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,353,486 |
| Savings and temporary cash investments | $64,203 |
| Pledges and grants receivable | $866,510 |
| Accounts receivable, net | $10,415 |
| 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 | $304,420 |
| Net Land, buildings, and equipment | $7,713,883 |
| Investments—publicly traded securities | $2,642,467 |
| Investments—other securities | $2,062,101 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,165,647 |
| Total assets | $28,183,132 |
| Accounts payable and accrued expenses | $174,066 |
| Grants payable | $0 |
| Deferred revenue | $616,119 |
| 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 | $1,194,222 |
| Other liabilities | $101,086 |
| Total liabilities | $2,085,493 |
| Net assets without donor restrictions | $7,767,615 |
| Net assets with donor restrictions | $18,330,024 |
| 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 | $28,183,132 |
Grants Awarded
Over the last fiscal year, Lyric Opera Of Kansas City Inc has awarded $451,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE LYRIC OPERA OF KANSAS CITY FOUNDATION PURPOSE: FUNDS FROM THE CAPITAL CAMPAIGN FUND ARE TRANSFERRED TO THE FOUNDATION TO PAY DOWN LONG-TERM DEBT. | $136,000 |
LYRIC OPERA OF KANSAS CITY QALICB PURPOSE: GRANT FOR QALICB UNWIND TRANSACTIONS. | $315,000 |