Lola - Local Opera Local Artists
- Assets
- $22.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 06/2015
- Data as of
- 12/2023
- EIN
- 47-4250076
Organization Overview
Lola - Local Opera Local Artists is located in Austin, TX. The organization was established in 2015. 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. Lola - Local Opera Local Artists 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 12/2023, Lola - Local Opera Local Artists generated $57.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $43.1k during the year ending 12/2023. While expenses have increased by 3.8% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Cass Executive Producer | 5 | $3,500 | |
Rebecca Herman Artistic Producer | 5 | $3,450 | |
Kaitlyn Newman Interim Board President | 0.25 | $0 | |
Anna Welch Treasurer Of The Board | 0.25 | $0 | |
Nicole Taylor Secretary Of The Board | 0.25 | $200 | |
Dan Dworin Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,685 |
| Total Program Service Revenue | $1,652 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,337 |
| 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 | $29,809 |
| Occupancy, rent, utilities, and maintenance | $7,340 |
| Printing, publications, postage, and shipping | $2,266 |
| Other expenses | $3,708 |
| Total expenses | $43,123 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,081 |
| Other assets | $0 |
| Total assets | $22,081 |
| Total liabilities | $3,461 |
| Net assets or fund balances | $18,620 |