Greater Miami Opera Inc
- Assets
- $224.4k
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 07/1977
- Data as of
- 05/2022
- EIN
- 59-6001597
Organization Overview
Greater Miami Opera Inc is located in Miami, FL. The organization was established in 1977. 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. Greater Miami 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 05/2022, Greater Miami Opera Inc generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $3.5m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH PEOPLE'S LIVES THROUGH AN AWARENESS AND DEEPER APPRECIATION OF OPERA. (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION AND PRESENTATION OF OPERAS IN THEIR ORIGINAL LANGUAGES TO THE PUBLIC. APPROXIMATELY 1,900 PEOPLE BENEFITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan T Danis General Director, CEO & Dir. | OfficerTrustee | 1 | $0 |
Linda Balent MD Secretary | OfficerTrustee | 0.25 | $0 |
Robert B Glick CPA Treasurer | OfficerTrustee | 0.25 | $0 |
Victor Kendall Chief Advancement Officer | Officer | 1 | $0 |
Dr Claire Crawford Director | Trustee | 0.25 | $0 |
Nancy Jean Davis Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $612,708 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,197,827 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,810,535 |
| Total Program Service Revenue | $742,667 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,778 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,068 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,555,793 |
| 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 | $1,401,141 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $155,712 |
| Payroll taxes | $100,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,707 |
| Advertising and promotion | $98,477 |
| Office expenses | $112,260 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $557,622 |
| Travel | $56,851 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,693 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,950 |
| Insurance | $52,965 |
| All other expenses | $0 |
| Total functional expenses | $3,525,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,600 |
| 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 | $0 |
| Net Land, buildings, and equipment | $205,838 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $224,438 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $843,673 |
| 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 | $2,856,436 |
| Total liabilities | $3,700,109 |
| Net assets without donor restrictions | -$3,475,671 |
| 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 | $224,438 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Greater Miami Opera Inc has recieved totaling $1,169,977.
| Awarding Organization | Amount |
|---|---|
Florida Grand Opera Inc Miami, FL PURPOSE: SUPPORT | $840,109 |
Arthur F And Alice E Adams Supporting Foundation Las Vegas, NV PURPOSE: General Operating Support | $109,956 |
Arthur F And Alice E Adams Supporting Foundation Las Vegas, NV PURPOSE: General Operating Support | $109,956 |
Arthur F And Alice E Adams Supporting Foundation Las Vegas, NV PURPOSE: General Operating Support | $109,956 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sarasota Opera Association Inc Sarasota, FL | $28,856,599 | $10,657,672 |
The Atlanta Opera Inc Atlanta, GA | $26,985,184 | $12,248,438 |
Palm Beach Opera Inc West Palm Beach, FL | $12,939,353 | $9,924,286 |
Greater Miami Opera Inc Miami, FL | $224,438 | $3,555,793 |
Springer Opera House Arts Association Inc Columbus, GA | $18,672,738 | $4,001,433 |
Opera Guild Inc Of Fort Lauderdale Fort Lauderdale, FL | $0 | $1,817,251 |
Florida Grand Opera Inc Miami, FL | $7,700,234 | $5,233,007 |
Opera Naples Inc Naples, FL | $3,990,493 | $1,623,867 |
Pensacola Opera Inc Pensacola, FL | $1,694,891 | $889,595 |
St Petersburg Opera Company St Petersburg, FL | $1,542,886 | $906,841 |
Opera Birmingham Birmingham, AL | $1,161,984 | $594,696 |
Mobile Opera Inc Mobile, AL | $702,189 | $369,818 |