Minden Opera House Inc
- Assets
- $201.6k
- Revenue
- $264.1k
- Investments
- $0.0
- Employees
- 10
- Location
- Minden, NE
- Founding
- 03/2000
- Data as of
- 08/2023
- EIN
- 47-0825124
Organization Overview
Minden Opera House Inc is located in Minden, NE. The organization was established in 2000. 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. As of 08/2023, Minden Opera House Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minden 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 08/2023, Minden Opera House Inc generated $264.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $259.4k during the year ending 08/2023. While expenses have increased by 8.1% per year over the past 4 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CULTURAL, EDUCATIONAL, LITERARY AND HISTORICAL ORGANIZATION FOR THE BENEFIT OF THE CITIZENS OF THE SURROUNDING AREA.
Describe the Organization's Program Activity:
TO RESTORE, MAINTAIN AND OPERATE AN HISTORIC THEATER AND COMMERCIAL BUILDING OPERATED SOLELY AS A CHARITABLE SCIENTIFIC, LITERARY AND EDUCATIONAL, CULTURAL AND HISTORICAL PUBLIC BENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcy Brandt Executive Di | Officer | 40 | $53,584 |
Denise Emal Secretary | OfficerTrustee | 5 | $0 |
Angela Finn Director | Trustee | 1 | $0 |
Laura Grams Treasurer | OfficerTrustee | 5 | $0 |
Janene Hill President | OfficerTrustee | 5 | $0 |
Nickola Van Horn Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $40,789 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,694 |
| Noncash contributions included in lines 1a–1f | $2,990 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,483 |
| Total Program Service Revenue | $89,244 |
| Investment income | $3,938 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $23,430 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $264,095 |
| 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. | $59,690 |
| Compensation of current officers, directors, key employees. | $19,298 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,773 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,074 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,600 |
| Office expenses | $13,521 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $3,690 |
| All other expenses | $1,779 |
| Total functional expenses | $259,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,309 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,232 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,283 |
| Prepaid expenses and deferred charges | $6,150 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,630 |
| Total assets | $201,604 |
| Accounts payable and accrued expenses | $4,643 |
| Grants payable | $0 |
| Deferred revenue | $20,318 |
| 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 | $0 |
| Other liabilities | $4,894 |
| Total liabilities | $29,855 |
| Net assets without donor restrictions | $115,749 |
| Net assets with donor restrictions | $56,000 |
| 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 | $201,604 |