Underworld Opera Company
- Assets
- $163.6k
- Revenue
- $492.8k
- Investments
- $0.0
- Employees
- 25
- Location
- Oakland, CA
- Founding
- 04/1994
- Data as of
- 04/2022
- EIN
- 94-3083848
Organization Overview
Underworld Opera Company, operating under the name Oakland Opera Theater, is located in Oakland, CA. The organization was established in 1994. 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 04/2022, Oakland Opera Theater employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oakland Opera Theater 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 04/2022, Oakland Opera Theater generated $492.8k 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 (4.0%) each year. All expenses for the organization totaled $416.9k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) 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
UNDERWORLD OPERA CO. PRESENTS PUBLIC PRODUCTIONS AND PERFORMANCES OF ARTISTIC AND CULTURAL MERIT, AND EDUCATIONAL VALUE. MAKES MUSIC, OPERA, THEATER AND PERFORMANCE MORE ACCESSIBLE TO ALL AGES AND CULTURES. PROVIDES OAKLAND WITH A PERFORMING ARTS CENTER THAT EMBODIES THE UNIQUE AND VITAL SPIRIT OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY 2021 - 2022 WE STARTED TO RECOVER FROM THE PANDEMIC. IN EFFORTS TO KEEP OUR AUDIENCE, PERFORMERS, AND STAFF SAFE BY RESTRUCTURING OUR MODEL, WE STARTED DOING OUTDOOR FESTIVALS. UNDERWORLD OPERA PRESENTS 'LIVE AND OUTSIDE' PERFORMANCES, WHICH WERE A MASSIVE SUCCESS. FIVE SHOWS OVER TWO WEEKENDS, ONE IN NOVEMBER 2021, AND ONE IN MARCH 2022, WE SAW 7500 ATTENDEES! PEOPLE WERE TIRED OF STAYING HOME IN OUR COMMUNITY, BUT WERE ALSO STILL WANTING TO STAY SAFE, PROVIDING ENTERTAINMENT OUTSIDE WAS THE BEST ALTERNATIVE. WE WERE ABLE TO RETURN TO OUR REGULAR SMASH HIT EVENTS, TOURETTES WITHOUT REGRETS, WHICH CHANGED IT'S NAME IN THE PANDEMIC, DUE TO BEING ABLEIST, WOULD NOW BE KNOWN AS THE RUCKOUS AND RUMPOUS REVIVAL, AND HOODSLAM, THE ACCIDENTAL WRESTING PHENOMENON, WERE BOTH ABLE TO PERFORM FOR THE FIRST TIME SINCE MARCH 2020. AUDIENCES LINED UP AS FAR AS THE EYE COULD SEE, OUR EMPLOYEES FINALLY HAD WORK AGAIN, AND PERFORMERS GOT TO BE ONSTAGE AGAIN, AS PERFORMANCES WERE DEEMED NONESENTIAL ACTIVITY IN CALIFORNIA, WHERE THE LOCKDOWN LASTED LONGER THAN ANYWHERE ELSE IN THE COUNTRY. IN MARCH WE ADDED A MUSIC FESTIVAL TO THE WEEKEND. A BAY AREA THRASH FESTIVAL FEATURING BAY AREA LEGENDS EXODUS WHO WERE JOINED BY MEMBERS OF METALLICA, DEATH ANGEL AND MORE. IN BOTH NOVEMBER 2021 AND IN MARCH 2022, TOTAL ESTIMATED ATTENDEES IS 7500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jo Vincent Parks President | OfficerTrustee | 10 | $0 |
Steven Snider Treasurer | OfficerTrustee | 10 | $0 |
Lisa Marie Bolin Secretary | OfficerTrustee | 10 | $0 |
Mia Anastasia Dean Executive Director | Officer | 25 | $0 |
Cynthia Taylor Director | Trustee | 10 | $0 |
Thomas Dean Director | Trustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $361,375 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $361,375 |
| Total Program Service Revenue | $130,292 |
| Investment income | $654 |
| 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 | $492,808 |
| 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 | $102,929 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,119 |
| Payroll taxes | $5,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,247 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,670 |
| Advertising and promotion | $4,710 |
| Office expenses | $5,990 |
| Information technology | $7,328 |
| Royalties | $0 |
| Occupancy | $36,599 |
| Travel | $1,378 |
| 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 | $2,149 |
| Insurance | $4,761 |
| All other expenses | $2,094 |
| Total functional expenses | $416,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $148,333 |
| 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 |
| Net Land, buildings, and equipment | $15,313 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $163,646 |
| 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 | $14,261 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $164,161 |
| Net assets without donor restrictions | $0 |
| 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 | -$515 |
| Total liabilities and net assets/fund balances | $163,646 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Underworld Opera Company has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Center For Cultural Innovation Los Angeles, CA PURPOSE: OAKLAND RELIEF FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Opera Association San Francisco, CA | $369,784,114 | $79,158,489 |
Los Angeles Opera Company Los Angeles, CA | $90,291,254 | $36,995,799 |
Broadway Sacramento Sacramento, CA | $29,155,113 | $19,599,136 |
San Diego Opera Association San Diego, CA | $16,926,315 | $9,586,984 |
Portland Opera Association Inc Portland, OR | $27,962,888 | $6,427,298 |
Arizona Opera Company Phoenix, AZ | $9,811,779 | $5,203,116 |
Merola Opera Program San Francisco, CA | $44,068,195 | $6,981,878 |
Southern Nevada Operating Engineers Journeyman & Apprentice Trng Trust Pasadena, CA | $24,160,853 | $2,787,324 |
Hawaii Opera Theatre Honolulu, HI | $9,881,133 | $2,939,876 |
Opera San Jose Incorporated San Jose, CA | $12,606,207 | $4,136,604 |
Long Beach Opera Long Beach, CA | $345,844 | $1,381,983 |
Woodland Opera House Inc Woodland, CA | $1,596,834 | $1,278,208 |