Dallas Opera
- Assets
- $12.5m
- Revenue
- $12.7m
- Investments
- $0.0
- Employees
- 346
- Location
- Dallas, TX
- Founding
- 10/1957
- Data as of
- 06/2021
- EIN
- 75-6004746
Organization Overview
Dallas Opera is located in Dallas, TX. The organization was established in 1957. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Dallas Opera employed 346 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Opera 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 06/2021, Dallas Opera generated $12.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $9.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PERFORMANCE OF OPERA PRODUCTIONS, EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINSTAGE AUDIENCE:NO MAINSTAGE PERFORMANCES TOOK PLACE THIS YEAR DUE TO THE COVID-19.
EDUCATION PROGRAMS: 3,147 STUDENTS OF ALL AGES PARTICIPATED IN TDO VIRTUAL EDUCATION PROGRAMS SUCH AS: KIDS OPERA BOOT CAMP, TOURING OPERA, OPERA IN A SUITCASE, OPERA SKETCH WORKSHOP, CAREER DAY DISCUSSIONS, THE TEXAS OPERA ALLIANCE'S TEEN OPERA CLUB, AND TEACHER TRAINING. NO IN-PERSON EDUCATION PROGRAMS TOOK PLACE THIS YEAR DUE TO THE COVID-19 PANDEMIC.COMMUNITY ENGAGEMENT PROGRAMS:4,510 NORTH TEXANS ENJOYED SOCIALLY-DISTANT LIVE TDO COMMUNITY OUTREACH PROGRAMS IN SPRING 2021 INCLUDING: 4 SPECIALTY CONCERTS AND EVENTS AT THE WINSPEAR OPERA HOUSE, AS WELL AS 6 OPERATRUCK PERFORMANCES, 8 GARDEN SERENADES, AND 3 FAMILY PERFORMANCES AT UNIQUE AT UNEXPECTED LOCATIONS INCLUDING PARKS, MUSEUMS, SCHOOLS, AND BLOCK-PARTIES.TDO NETWORK/THEDALLASOPERA.TV: IN APRIL 2021, THE DALLAS OPERA LAUNCHED THEDALLASOPERA.TV - A VIDEO STREAMING SERVICE WHICH OFFERS DIGITAL PERFORMANCES OF FULL-LENGTH OPERAS, CONCERTS, AND RECITALS-PLUS FAMILY-FRIENDLY PROGRAMMING, INTERVIEWS, AND FASCINATING ORIGINAL PROGRAMS FEATURING THE WORLD'S MOST ADMIRED SINGERS IN COLLABORATION WITH MAJOR ARTISTS IN OPERA, FILM, AND THEATER VIA THE COMPANY'S TDO NETWORK (FORMERLY TDO NETWORK), AND MORE. ALL CONTENT IS AVAILABLE ONLINE AT THEDALLASOPERA.TV OR VIA AN APP FOR MOBILE DEVICES (IOS AND ANDROID), AND ON SMART TVS VIA FIRE TV AND ROKU. FROM APRIL-JUNE 2021, 143 PATRONS CREATED ACCOUNTS TO ENJOY SUBSCRIPTION AND/OR ON-DEMAND CONTENT ON THEDALLASOPERA.TV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emmanuel Villaume Music Director | Officer | 40 | $248,125 |
Ian Derrer General Director & CEO | OfficerTrustee | 40 | $187,500 |
Lisa Bury Chief Advancement And Strategy Officer | Officer | 40 | $166,815 |
David Lomeli Director Of Artistic Admin. | 40 | $120,100 | |
Elisabeth Galley Director Of Development | 40 | $117,433 | |
John Harpool Director Of Budgeting | 40 | $101,440 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Belmont Icehouse Broadcast Media | 6/29/20 | $276,163 |
Wolfgang Puck Catering Catering | 6/29/20 | $212,707 |
Mail Mart Printing & Mailing | 6/29/20 | $149,033 |
Prototype It It Support | 6/29/20 | $106,567 |
Belmont Icehouse Broadcast Media | 6/29/20 | $276,163 |
Mail Mart Printing & Mailing | 6/29/20 | $149,033 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,288 |
| Related organizations | $3,502,947 |
| Government grants | $1,399,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,581,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,579,603 |
| Total Program Service Revenue | $170,376 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$35,118 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,715,764 |
| 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. | $451,507 |
| Compensation of current officers, directors, key employees. | $109,391 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,893,198 |
| Pension plan accruals and contributions | $56,280 |
| Other employee benefits | $490,472 |
| Payroll taxes | $409,586 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $114,404 |
| Fees for services: Accounting | $52,919 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $65,085 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $217,923 |
| Advertising and promotion | $512,540 |
| Office expenses | $181,591 |
| Information technology | $245,971 |
| Royalties | $0 |
| Occupancy | $363,155 |
| Travel | $42,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $440 |
| Interest | $68,408 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $297,652 |
| Insurance | $168,247 |
| All other expenses | $76,942 |
| Total functional expenses | $9,103,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,333,880 |
| Savings and temporary cash investments | $228,011 |
| Pledges and grants receivable | $3,015,875 |
| Accounts receivable, net | $58,226 |
| 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 | $987,826 |
| Net Land, buildings, and equipment | $4,822,475 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,113 |
| Total assets | $12,450,406 |
| Accounts payable and accrued expenses | $552,549 |
| Grants payable | $0 |
| Deferred revenue | $1,385,663 |
| 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 | $3,802,171 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,236,445 |
| Total liabilities | $6,976,828 |
| Net assets without donor restrictions | $1,851,947 |
| Net assets with donor restrictions | $3,621,631 |
| 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 | $12,450,406 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dallas Opera has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Swalwell-Connor Family Foundation Inc Dallas, TX PURPOSE: SUPPORT THE WORK OF THE DALLAS OPERA | $16,000 |
Endowment Analysis
| Beg. Balance | $27,515,977 |
| Earnings | $5,899,856 |
| Net Contributions | $1,562,960 |
| Other Expense | $2,084,430 |
| Ending Balance | $32,894,363 |
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 |