Lyric Opera Of The North Incorporated
- Assets
- $114.9k
- Revenue
- $287.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Duluth, MN
- Founding
- 11/2005
- Data as of
- 08/2022
- EIN
- 20-1896591
Organization Overview
Lyric Opera Of The North Incorporated, operating under the name Loon Lyric Opera Of The North, is located in Duluth, MN. The organization was established in 2005. 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 08/2022, Loon Lyric Opera Of The North employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loon Lyric Opera Of The North 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 08/2022, Loon Lyric Opera Of The North generated $287.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $271.6k during the year ending 08/2022. While expenses have increased by 6.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESENT OPERA PERFORMANCES IN DULUTH, MINNESOTA AND BRING OPERA TO SCHOOLS IN MINNESOTA AND WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THIS FISCAL YEAR, LYRIC OPERA OF THE NORTH CO-CREATED A SECOND PROJECT AS A PART OF THE DECAMERON COALITION. HEROES PREMIERED ONLINE IN OCTOBER OF 2021, WITH LOON'S CHAPTER, THE PLACE FEATURING AN ALL-BLACK CREATIVE TEAM AND CAST. LITTLE LOON ELEMENTARY SCHOOL TOUR WAS AGAIN UNABLE TO TOUR LIVE, SO A NEW 15-MINUTE MOVIE-OPERA WAS CREATED AND SENT TO SCHOOLS THROUGHOUT THE REGION. IN FEBRUARY, LOON PRODUCED FILM FOOTAGE WITH ARTIST ALICIA HALL MORAN FOR HER ONGOING PROJECT CALLED COLD-BLOODED, AN INTERPRETATION OF BIZET'S CARMEN ON ICE. JUNE 2022 BROUGHT A RETURN TO LIVE PERFORMANCES WITH HANSEL & GRETEL, FEATURING A FULL ORCHESTRA AND CHILDREN'S CHORUS IN ADDITION TO THE PRINCIPAL CAST, SET, COSTUMES, AND WIGS. A SUMMER FUNDRAISER WAS HELD OUTDOORS IN AUGUST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Lawrence Artistic Dir | Officer | 40 | $41,682 |
Sue Henke Secretary | OfficerTrustee | 1 | $0 |
Charlotte Taylor Treasurer | OfficerTrustee | 1 | $0 |
Emily Vikre Vice Preside | OfficerTrustee | 1 | $0 |
Andrea Kuzel President | OfficerTrustee | 1 | $0 |
Thomas Baaken Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,380 |
| Related organizations | $0 |
| Government grants | $89,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,675 |
| Total Program Service Revenue | $74,446 |
| 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 | $10,253 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,315 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,922 |
| 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. | $42,535 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,078 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,461 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,173 |
| Office expenses | $5,413 |
| Information technology | $1,255 |
| Royalties | $0 |
| Occupancy | $2,692 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,209 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,470 |
| All other expenses | $849 |
| Total functional expenses | $271,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,008 |
| Savings and temporary cash investments | $1,166 |
| Pledges and grants receivable | $2,715 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $114,889 |
| Accounts payable and accrued expenses | $4,564 |
| 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 | $4,564 |
| Net assets without donor restrictions | $95,325 |
| Net assets with donor restrictions | $15,000 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $114,889 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lyric Opera Of The North Incorporated has recieved totaling $14,264.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $14,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Minnesota Opera Minneapolis, MN | $36,038,130 | $16,099,693 |
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 |
Madison Opera Inc Madison, WI | $2,864,319 | $1,938,281 |
Fargo Moorhead Opera Company Fargo, ND | $294,816 | $632,093 |
Pella Opera House Commission Pella, IA | $2,774,493 | $769,782 |
Opera For The Young Inc Madison, WI | $518,511 | $325,341 |
Lyric Opera Of The North Incorporated Duluth, MN | $114,889 | $287,922 |
Cedar Rapids Opera Theatre Cedar Rapids, IA | $144,760 | $305,349 |
Mill City Summer Opera Minneapolis, MN | $28,630 | $128,184 |
Northern Light Opera Company Incorporated Park Rapids, MN | $60,616 | $0 |