Gulfshore Opera Inc
- Assets
- $585.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Estero, FL
- Founding
- 08/2014
- Data as of
- 06/2023
- EIN
- 47-0989874
Organization Overview
Gulfshore Opera Inc is located in Estero, FL. The organization was established in 2014. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Gulfshore Opera Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulfshore Opera 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, Gulfshore Opera Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $983.6k during the year ending 06/2023. While expenses have increased by 9.9% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE COMMUNITY BY PRESENTING HIGH QUALITY, DIVERSE CLASSICAL VOCAL MUSIC PERFORMANCES AND PROGRAMS. TO SUPPORT YOUTH IN MUSIC AND PARTICIPATE IN COMMUNITY BUILDING THROUGH A YOUTH DEVELOPMENT PROGRAM THAT EMPOWERS UNDER SEVERAL UNDER SERVED CHILDREN TO STRIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTED HIGH QUALITY, DIVERSE CLASSICAL AND POPULAR MUSIC PERFORMANCE IN A VARIETY OF STYLES, INCLUDING GRAND OPERA, VIGNETTES OF CLASSICAL OPERA FAVORITES AND OPERETTA 7
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Christian Director And Officer | Trustee | 5 | $0 |
Ryan Rupert Director | Trustee | 5 | $0 |
Peter Bewley Director | Trustee | 5 | $0 |
Beverly Wernette Director | Trustee | 5 | $0 |
Steffanie Pearce President | OfficerTrustee | 40 | $0 |
Carole Fabiano Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,261 |
| Related organizations | $0 |
| Government grants | $118,782 |
| All other contributions, gifts, grants, and similar amounts not included above | $566,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $718,661 |
| Total Program Service Revenue | $363,186 |
| Investment income | $24,423 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,106,270 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,591 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $620,023 |
| Advertising and promotion | $94,470 |
| Office expenses | $38,657 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,142 |
| 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 | $779 |
| Insurance | $10,632 |
| All other expenses | $0 |
| Total functional expenses | $983,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,902 |
| Savings and temporary cash investments | $127,545 |
| Pledges and grants receivable | $2,500 |
| Accounts receivable, net | $0 |
| 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 | $4,613 |
| Net Land, buildings, and equipment | $22,043 |
| Investments—publicly traded securities | $189,626 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $585,229 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $13,737 |
| Total liabilities | $13,737 |
| Net assets without donor restrictions | $571,492 |
| Net assets with donor restrictions | $0 |
| 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 | $585,229 |