The Patrick G and Shirley W Ryan Opera Center
- Assets
- $0.0
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 55
- Location
- Chicago, IL
- Founding
- 05/1977
- Data as of
- 06/2019
- EIN
- 36-2796630
Organization Overview
The Patrick G and Shirley W Ryan Opera Center is located in Chicago, IL. The organization was established in 1977. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2019, Patrick G and Shirley W Ryan Opera Center employed 55 individuals. Patrick G and Shirley W Ryan Opera Center 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 06/2019, Patrick G and Shirley W Ryan Opera Center generated $2.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.0m during the year ending 06/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
1. PROVIDE COMPREHENSIVE INSTRUCTION BY WORLD-RENOWNED FACULTY TO NURTURE SUPERB VOCAL SKILLS & DRAMATIC CAPABILITIES. 2. OFFER SIGNIFICANT PERFORMANCE EXPERIENCES, MENTORSHIP BY MASTER ARTISTS, CAREER GUIDANCE. 3. PRODUCE CULTURAL-OUTREACH PRESENTATIONS THAT ENHANCE THE ARTISTS' PERFORMANCE SKILLS AND INCREASE PUBLIC ACCESS TO RYAN OPERA CENTER PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PATRICK G AND SHIRLEY W RYAN OPERA CENTER OFFERED YEAR-ROUND TRAINING AND PERFORMANCE OPPORTUNITIES TO ITS 12 SINGERS AND 1 PIANIST. THIS INCLUDED INSTRUCTION IN VOICE (AVERAGE 3-4 PRIVATE LESSONS PER MONTH AND 5-10 HOURS OF COACHING PER WEEK), ACTING AND LANGUAGE, AS WELL AS MASTER CLASSES, ALL PROVIDED BY 51 ARTISTS, FACULTY AND STAFF. THE RYAN OPERA CENTER ARTISTS ALSO PARTICIPATED IN 86 PERFORMANCES ON THE LYRIC OPERA MAINSTAGE AND IN COMMUNITY OUTREACH CONCERTS, AND 12 WFMT RECITAL SERIES RADIO PERFORMANCES. IN TOTAL THEY WERE SEEN BY MORE THAN 145,000 PEOPLE, AND HEARD ON THE RADIO BY AN ESTIMATED 620,000 PEOPLE. AS OF 6/30/2019, THE PATRICK G AND SHIRLEY W RYAN OPERA CENTER TRANSFERRED ITS OPERATIONS AND FORMALLY MERGED WITH THE LYRIC OPERA OF CHICAGO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $154,315 |
| Related organizations | $0 |
| Government grants | $62,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,477,625 |
| Noncash contributions included in lines 1a–1f | $204,121 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,694,040 |
| Total Program Service Revenue | $650,875 |
| 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 | -$26,382 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,321,702 |
| 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. | $140,071 |
| Compensation of current officers, directors, key employees. | $35,018 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,168,657 |
| Pension plan accruals and contributions | $58,065 |
| Other employee benefits | $197,951 |
| Payroll taxes | $87,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,057 |
| Advertising and promotion | $7,027 |
| Office expenses | $7,732 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,101 |
| Travel | $55,029 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,442 |
| All other expenses | $7,130 |
| Total functional expenses | $1,992,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Patrick G and Shirley W Ryan Opera Center has recieved totaling $42,050.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $42,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Town School Of Folk Music Inc Chicago, IL | $26,291,664 | $13,585,929 |
Merit School Of Music Chicago, IL | $32,406,157 | $6,571,408 |
Wisconsin Conservatory Of Music Inc Milwaukee, WI | $12,916,262 | $4,546,941 |
Peoples Music School Inc Chicago, IL | $5,536,992 | $3,227,151 |
The Patrick G and Shirley W Ryan Opera Center Chicago, IL | $0 | $2,321,702 |
Preucil School Of Music Iowa City, IA | $5,696,584 | $1,870,215 |
Kentucky Music Educators Assn Inc Richmond, KY | $990,506 | $1,002,541 |
Hyde Park School Of Dance Chicago, IL | $889,337 | $1,144,142 |
Dayspring School Of The Arts Maryland Heights, MO | $2,572,227 | $1,177,461 |
Suzuki-Orff School For Young Musicians Chicago, IL | $442,454 | $1,030,627 |
Woodlawn Arts Academy Sterling, IL | $415,650 | $718,677 |
Wausau Conservatory Of Music Inc Wausau, WI | $2,318,265 | $970,609 |