Opernfest Prague
- Assets
- $52.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glencoe, IL
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-3660159
Organization Overview
Opernfest Prague is located in Glencoe, IL. The organization was established in 2018. 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. Opernfest Prague 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, Opernfest Prague generated $120.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $97.8k during the year ending 12/2021. While expenses have increased by 15.4% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
OFFER TRAINING, PERFORMANCE WITH FULL ORCHESTRA, AND PROFESSIONAL DEVELOPMENT OPPORTUNITY TO INTERNATIONAL SOLOISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Conviser Director | 1 | $15,000 | |
Becca Conviser President | 10 | $15,000 | |
Jenny Conviser Director | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,500 |
| Total Program Service Revenue | $55,990 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,490 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,437 |
| Salaries, other compensation, and employee benefits | $40,635 |
| Professional fees and other payments to independent contractors | $24,500 |
| Occupancy, rent, utilities, and maintenance | $895 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,369 |
| Total expenses | $97,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,929 |
| Other assets | $0 |
| Total assets | $52,929 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,929 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Opera Theatre Of Saint Louis St Louis, MO | $111,453,146 | $9,625,492 |
Lyric Opera Of Kansas City Inc Kansas City, MO | $27,451,625 | $5,560,944 |
Des Moines Metro Opera Inc Indianola, IA | $7,229,930 | $5,531,970 |
Skylight Music Theatre Corp Milwaukee, WI | $3,450,356 | $3,977,944 |
Florentine Opera Co Inc Milwaukee, WI | $7,598,617 | $5,457,526 |
Chicago Opera Theater Chicago, IL | $1,804,521 | $2,733,025 |
Kentucky Opera Association Inc Louisville, KY | $4,939,443 | $2,050,260 |
Madison Opera Inc Madison, WI | $2,864,319 | $1,938,281 |
Music Theater Works Wilmette, IL | $813,169 | $1,440,067 |
Indianapolis Opera Company Indianapolis, IN | $3,256,088 | $1,429,356 |
Chamber Opera Of Chicago Chicago, IL | $429,252 | $422,110 |
Pella Opera House Commission Pella, IA | $2,774,493 | $769,782 |