Lola - Local Opera Local Artists
- Assets
- $21.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 06/2015
- Data as of
- 12/2021
- 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 12/2021, Lola - Local Opera Local Artists generated $44.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $30.7k during the year ending 12/2021. 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 | 7 | $1,900 | |
Rebecca Herman Artistic Director | 7 | $1,900 | |
Laura Langfield Secretary Of The Board | 1 | $0 | |
Anna Welch Treasurer Of The Board | 1 | $0 | |
Renee Hanson Malone President Of The Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,098 |
| Total Program Service Revenue | $2,983 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,081 |
| 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 | $21,510 |
| Occupancy, rent, utilities, and maintenance | $3,320 |
| Printing, publications, postage, and shipping | $241 |
| Other expenses | $5,475 |
| Total expenses | $30,650 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,366 |
| Other assets | $0 |
| Total assets | $21,366 |
| Total liabilities | $430 |
| Net assets or fund balances | $20,936 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lola - Local Opera Local Artists has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Bbb Serving The Heart Of Texas Austin, TX PURPOSE: COVID-19 EMERGENCY RELIEF | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Opera Dallas, TX | $12,450,406 | $12,715,764 |
Austin Lyric Opera Austin, TX | $5,702,498 | $4,387,471 |
Tulsa Opera Inc Tulsa, OK | $1,435,247 | $3,110,348 |
New Orleans Opera Association New Orleans, LA | $1,767,831 | $2,067,617 |
Fort Worth Opera Association Inc Fort Worth, TX | $969,586 | $1,862,181 |
Opera Southwest Albuquerque, NM | $1,329,317 | $1,039,944 |
Shreveport Opera Shreveport, LA | $1,250,976 | $820,287 |
Grand Opera House Of The South Inc Crowley, LA | $3,898,280 | $425,280 |
Opera In The Heights Houston, TX | $107,147 | $473,780 |
Opera Louisiane Inc Baton Rouge, LA | $146,256 | $469,217 |
Amarillo Opera Amarillo, TX | $1,225,102 | $559,507 |
Opas Encore Inc Bryan, TX | $38,739 | $254,931 |