The Thorpe Inc
- Assets
- $90.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- David City, NE
- Founding
- 05/2000
- Data as of
- 08/2021
- EIN
- 47-0827199
Organization Overview
The Thorpe Inc is located in David City, NE. The organization was established in 2000. 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. Thorpe 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 08/2021, Thorpe Inc generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.6%) each year. All expenses for the organization totaled $26.6k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (44.5%) per year over the past 4 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 Mission:
Part 3 - Line 1
PRESERVATION OF HISTORIC OPERA HOUSE
Describe the Organization's Program Activity:
Part 3
UPKEEP OF HISTORICAL OPERA HOUSE TO PROVIDE A VENUE FOR FINE ARTS PERFORMANCES IN THE AREA
SUPPORT LOCAL RECREATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Klosterman President | 0 | $0 | |
Jackie Masek Secretary | 0 | $0 | |
Mary Havlovic Treasurer | 0 | $0 | |
Erin Roh Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,362 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20,745 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,107 |
| 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 | $169 |
| Occupancy, rent, utilities, and maintenance | $5,860 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,605 |
| Total expenses | $26,634 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,464 |
| Other assets | $0 |
| Total assets | $90,586 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,586 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Opera Omaha Inc Omaha, NE | $8,293,157 | $5,327,192 |
Opera Colorado Englewood, CO | $4,199,479 | $3,925,553 |
Central City Opera House Association Endowment Fund Wheat Ridge, CO | $25,453,266 | $9,103,065 |
Pella Opera House Commission Pella, IA | $2,774,493 | $769,782 |
Wichita Grand Opera Inc Wichita, KS | $70,337 | $331,151 |
Springfield Regional Opera Springfield, MO | $133,790 | $230,946 |
Winter Opera St Louis Saint Louis, MO | $597,663 | $333,568 |
Opera Theatre Of The Rockies Colorado Springs, CO | $364,216 | $113,551 |
Cedar Rapids Opera Theatre Cedar Rapids, IA | $144,760 | $305,349 |