Verdi Chorus
- Assets
- $177.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 95-4720794
Organization Overview
Verdi Chorus is located in Santa Monica, CA. The organization was established in 1999. 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. Verdi Chorus 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, Verdi Chorus generated $122.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $94.6k during the year ending 12/2021. 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
VERDI CHORUS PROMOTES AND EDUCATES OPERA MUSIC, HELPS ASPIRING OPERA SINGERS BY PROVIDING OPPORTUNITIES TO PERFORM IN FRONT OF AUDIENCE AND ALSO PROVIDE OPPORTUNITIES FOR MUSIC STUDENT TO FURTHER THEIR STUDIES.VERDI CHORUS COULD NOT PRODUCE REGULAR SEMI-ANNUAL CONCERTS IN 2020 DUE TO LOCKDOWN CAUSED BY COVID-19 PANDEMIC. IN LIEU OF NORMAL CONCERTS, THE VERDI CHORUS PRESENTED TWO STREAMING CONCERTS FOR TWO WEEK PERIOD EACH FOR GENERAL PUBLIC VIEWING AT NO COST TO THEM.THIS PLATFORM PROVIDED YOUNG MUSICIANS OPPOTUNITIES TO SAFELY PERFORM INDIVIDUALLY AND RECORDED BY PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Marie Ketchum Director | 15 | $12,250 | |
Frank Strauss President & CEO | 18 | $0 | |
Dina Spevack Vice President | 8 | $0 | |
Debra Dysart Secretary | 6 | $0 | |
Paul Camp Director | 8 | $0 | |
Robin Van Zak Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,052 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,300 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,549 |
| Other Revenue | $0 |
| Total Revenue | $122,809 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,250 |
| Professional fees and other payments to independent contractors | $41,765 |
| Occupancy, rent, utilities, and maintenance | $5,625 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,925 |
| Total expenses | $94,565 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,042 |
| Other assets | $0 |
| Total assets | $177,042 |
| Total liabilities | $229 |
| Net assets or fund balances | $176,813 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Verdi Chorus has recieved totaling $20,281.
| Awarding Organization | Amount |
|---|---|
Sahm Family Foundation Rancho Santa Fe, CA PURPOSE: GENERAL SUPPORT | $20,000 |
Running Deer Foundation Boston, MA PURPOSE: CHARITABLE PURPOSE | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Lamplighters Music Theatre San Francisco, CA | $529,842 | $1,053,166 |
West Edge Opera Berkeley, CA | $503,118 | $993,606 |
Industry Productions Inc Los Angeles, CA | $457,130 | $635,792 |