New York City Opera Inc

Organization Overview

New York City Opera Inc is located in New York, NY. The organization was established in 1979. 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, New York City Opera Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York City Opera Inc 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, New York City Opera Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.7% each year . All expenses for the organization totaled $1.7m during the year ending 06/2021. While expenses have increased by 18.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE AUDIENCES WITH INNOVATIVE AND THEATRICALLY COMPELLING OPERA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CITY OPERA'S CURRENT ADMINISTRATION UTILIZES A UNIQUE, ENTREPRENEURIAL BUSINESS MODEL BY CREATING ARTISTIC AND OPERATIONAL PARTNERSHIPS, FORGING STRONG RELATIONSHIPS WITH UNION AND VENUES, AND ENGAGING BOTH NEW AND TRADITIONAL AUDIENCES. CONTINUING ITS HISTORIC COMMITMENT TO EDUCATIONAL OUTREACH, THE COMPANY PROVIDES OPPORTUNITIES FOR THOUSAND OF NEW YORK CITY SCHOOL CHILDREN TO ATTEND CITY OPERA DRESS REHEARSALS, WHERE THEY MEET CAST MEMBERS AND CREW AND LEARN ABOUT CAREERS IN THE PERFORMING ARTS. FOR MANY, THIS IS THEIR FIRST LIVE OPERA EXPERIENCE. THROUGHOUT ITS SEASON, CITY OPERA ALSO PRESENTED HOUR-LONG, FAMILY-FRIENDLY ADAPTATIONS OF CLASSIC OPERA, INTRODUCING OPERA TO THE VERY YOUNGEST AUDIENCES. RENEWING ITS TRADITION OF BRINGING OPERA TO THE WIDEST POSSIBLE AUDIENCE, CITY OPERA ALSO PRESENTED FREE OPERA PERFORMANCES IN BRYANT PARK, ENABLING THOUSANDS OF NEW YORKERS TO EXPERIENCE OPERA IN A RELAXED, FAMILIAR ENVIRONMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Capasso
General Dire
$48,077
Kristin Sampson
Secretary/tr
$48,077
Jenny Gucci
Member
$0
Mara Kaplan-Pruzanski
Member
$0
Roy Niederhoffer
Board Chairm
$0
Diana Langer-Marcus
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gemini Music Productions Ltd
Musicians
$319,168
Dolland Transportation Llc
$167,279
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $465,660
All other contributions, gifts, grants, and similar amounts not included above$2,092,774
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,558,434
Total Program Service Revenue$0
Investment income $64,869
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 $598,297
Miscellaneous Revenue$0
Total Revenue $3,221,600

Grants Recieved

Over the last fiscal year, we have identified 4 grants that New York City Opera Inc has recieved totaling $75,250.

Awarding OrganizationAmount
Bill And Ann Ziff Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000
Ralph M Wynn Foundation

Patchogue, NY

PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION.

$24,000
Henry & Marilyn Taub Foundation

Teaneck, NJ

PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.

$1,000
Jerome And Dolores Zuckerman Gewirtz Charitable Trust

Brooklyn, NY

PURPOSE: COMMUNITY SERVICE

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,838,305
Earnings$183,905
Ending Balance$2,022,210

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