Mobile Opera Inc
- Assets
- $702.2k
- Revenue
- $369.8k
- Investments
- $306.8k
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 06/1952
- Data as of
- 05/2022
- EIN
- 63-6045261
Organization Overview
Mobile Opera Inc is located in Mobile, AL. The organization was established in 1952. 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. Mobile 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, Mobile Opera Inc generated $369.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $343.5k during the year ending 05/2022. While expenses have increased by 0.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GRAND OPERA PRODUCTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWO GRAND OPERA PRODUCTIONS A YEAR
EDUCATION AND ENRICHMENT OF COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charmein Moser Treasurer | OfficerTrustee | 1 | $0 |
Bruce Earnest Past President | OfficerTrustee | 1 | $0 |
Leslie Suffich Secretary | OfficerTrustee | 1 | $0 |
Laureen Lynn Vice President | OfficerTrustee | 1 | $0 |
Marty Stinebaugh President | OfficerTrustee | 1 | $0 |
Scott Wright General Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,027 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,317 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,344 |
| Total Program Service Revenue | $47,976 |
| Investment income | $6,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,615 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $369,818 |
| 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 | $32,828 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,001 |
| 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 | $4,196 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,857 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,999 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,992 |
| Insurance | $11,915 |
| All other expenses | $11,663 |
| Total functional expenses | $343,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,819 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,303 |
| 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 | $341,245 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $306,822 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $702,189 |
| Accounts payable and accrued expenses | $8,922 |
| 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 | $117,009 |
| Total liabilities | $125,931 |
| Net assets without donor restrictions | $269,436 |
| Net assets with donor restrictions | $306,822 |
| 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 | $702,189 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Mobile Opera Inc has recieved totaling $73,676.
| Awarding Organization | Amount |
|---|---|
Mobile Art Council Inc Mobile, AL PURPOSE: Opera | $18,027 |
Nan H Altmayer Charitable Tr Mobile, AL PURPOSE: SCHOOL TOURS AND EDUCATION PROGRAMS | $15,075 |
The Mary Josephine Larkins Charitable Foundation Mobile, AL PURPOSE: COMMUNITY SERVICE | $15,000 |
Daniel Foundation Of Alabama Birmingham, AL PURPOSE: CHARITABLE | $12,500 |
C D Helen & Jeff Glaze Foundation Mobile, AL PURPOSE: EDUCATION | $5,000 |
Nan H Altmayer Charitable Tr Mobile, AL PURPOSE: CHILDREN'S PROGRAM | $3,000 |
Endowment Analysis
| Beg. Balance | $336,612 |
| Earnings | -$9,514 |
| Admin Expense | $4,196 |
| Other Expense | $16,080 |
| Ending Balance | $306,822 |
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 |
Nashville Opera Association Nashville, TN | $10,829,028 | $1,740,899 |
Florida Grand Opera Inc Miami, FL | $7,700,234 | $5,233,007 |
Opera Naples Inc Naples, FL | $3,990,493 | $1,623,867 |
Knoxville Opera Company Knoxville, TN | $1,743,174 | $1,430,096 |
Opera Memphis Inc Memphis, TN | $5,037,117 | $1,438,726 |
Pensacola Opera Inc Pensacola, FL | $1,694,891 | $889,595 |