Family Opera Inc is located in Cambridge, MA. The organization was established in 2001. 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. Family 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 08/2023, Family Opera Inc generated $49.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $65.2k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZATION PERFORMS TWO TO FIVE OPERA PRODUCTIONS ANNUALLY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andy Adler Board Member | 1 | $0 | |
Phil Budne Board Member | 1 | $0 | |
Christopher Edel Board Member | 1 | $0 | |
Ruth Hertzman-Miller Board Member | 1 | $0 | |
Mark Jaquith Board Member | 1 | $0 | |
Hope Kelley Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,914 |
Total Program Service Revenue | $6,311 |
Membership dues | $0 |
Investment income | $110 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,031 |
Total Revenue | $49,263 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,838 |
Occupancy, rent, utilities, and maintenance | $14,290 |
Printing, publications, postage, and shipping | $3,604 |
Other expenses | $43,517 |
Total expenses | $65,249 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $79,365 |
Other assets | $0 |
Total assets | $79,365 |
Total liabilities | $10,324 |
Net assets or fund balances | $69,041 |