Motor City Lyric Opera
- Assets
- $46.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 30-0055116
Organization Overview
Motor City Lyric Opera is located in Bloomfield Hills, MI. The organization was established in 2002. 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. Motor City Lyric Opera 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 12/2022, Motor City Lyric Opera generated $55.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $64.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO INSPIRE AND EDUCATE STUDENTS AND FAMILIES IN THE METROPOLITAN DETROIT AREA, THROUGH HIGHLY ARTISTIC MUSICAL PRESENTATIONS. WE BELIEVE THAT THE EXPRESSION OF THE ARTS IS A HUMANISTIC UNIVERSAL RIGHT THAT TRANSCENDS SOCIAL AND ECONOMIC BOUNDARIES, AND SHOULD BE AVAILABLE TO EVERYONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Callaghan Lynch Director/founder | 15 | $0 | |
Dr Edward D Callaghan Director | 5 | $0 | |
Lynn Duffey Director | 5 | $0 | |
Bruce Duffey Director | 5 | $0 | |
Dr Mary Fisher Director | 5 | $0 | |
Natalie Priest Yaw Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,715 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $71 |
| Total Revenue | $55,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,371 |
| Professional fees and other payments to independent contractors | $1,320 |
| Occupancy, rent, utilities, and maintenance | $5,623 |
| Printing, publications, postage, and shipping | $95 |
| Other expenses | $35,151 |
| Total expenses | $64,560 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,052 |
| Other assets | $0 |
| Total assets | $46,600 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,600 |