Ascanios Purse
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/2003
- Data as of
- 10/2019
- EIN
- 81-0589153
Organization Overview
Ascanios Purse is located in Denver, CO. The organization was established in 2003. 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. Ascanios Purse 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 10/2019, Ascanios Purse generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.3% each year . All expenses for the organization totaled $62.3k during the year ending 10/2019. While expenses have increased by 55.5% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
CREATING TWO CONCERTS AND A FULL RECORDING OF FRENCH COMPOSER HECTOR BERLIOZ'S EPIC, FIVE-HOUR OPERA "LES TROYENS" FOR WARNER CLASSICS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Bredo Johnsen Chair | 1 | $0 | |
Dirk Bambeck Vice Chair | 1 | $0 | |
David Fuller Secretary | 1 | $0 | |
Jack Firestone Treasurer | 1 | $0 | |
John Nelson President | 5 | $0 | |
Robert E Sobel Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,073,890 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,073,890 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,875 |
| Advertising and promotion | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $62,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,071,494 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,071,494 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,071,494 |
| 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 |
| Total liabilities and net assets/fund balances | $1,071,494 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ascanios Purse has recieved totaling $201,000.
| Awarding Organization | Amount |
|---|---|
Esmond Nissim Foundation Inc Bronxville, NY PURPOSE: GENERAL FUNDING | $200,000 |
Firestone Family Foundation Inc Miami, FL PURPOSE: PERFORMING ARTS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Opera Company Phoenix, AZ | $9,811,779 | $5,203,116 |
Utah Festival Opera Company Logan, UT | $13,283,393 | $3,306,953 |
Opera Omaha Inc Omaha, NE | $8,293,157 | $5,327,192 |
Opera Colorado Englewood, CO | $4,199,479 | $3,925,553 |
Tulsa Opera Inc Tulsa, OK | $1,435,247 | $3,110,348 |
Opera Southwest Albuquerque, NM | $1,329,317 | $1,039,944 |
Central City Opera House Association Endowment Fund Wheat Ridge, CO | $25,453,266 | $9,103,065 |
Wichita Grand Opera Inc Wichita, KS | $70,337 | $331,151 |
San Diego Opera Association Endowment Tr Phoenix, AZ | $3,546,512 | $197,286 |
Opera Theatre Of The Rockies Colorado Springs, CO | $364,216 | $113,551 |
Painted Sky Opera Inc Edmond, OK | $58,433 | $0 |
Brown Grand Opera House Inc Concordia, KS | $88,275 | $168,410 |