Opera Grand Rapids
- Assets
- $2.0m
- Revenue
- $784.6k
- Investments
- $146.8k
- Employees
- 5
- Location
- Grand Rapids, MI
- Founding
- 05/1967
- Data as of
- 07/2021
- EIN
- 38-6142941
Organization Overview
Opera Grand Rapids is located in Grand Rapids, MI. The organization was established in 1967. 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 07/2021, Opera Grand Rapids employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opera Grand Rapids 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 07/2021, Opera Grand Rapids generated $784.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $988.1k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF OPERA GRAND RAPIDS IS TO FOSTER AND FULFILL THE DEMAND FOR HIGH-QUALITY, LIVE OPERA IN WEST MICHIGAN.
Describe the Organization's Program Activity:
OPERA PERFORMANCE AND ASSOCIATED EDUCATIONAL AND OUTREACH PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emilee Syrewicze Executive Di | Officer | 40 | $105,843 |
Christopher Edgar President | OfficerTrustee | 2 | $0 |
John Jones Treasurer | OfficerTrustee | 2 | $0 |
Peter Hahn Vice Preside | OfficerTrustee | 2 | $0 |
Laina Mills Secretary | OfficerTrustee | 2 | $0 |
Diane St Clair Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $127,910 |
| Related organizations | $0 |
| Government grants | $70,382 |
| All other contributions, gifts, grants, and similar amounts not included above | $556,183 |
| Noncash contributions included in lines 1a–1f | $88,197 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $754,475 |
| Total Program Service Revenue | $64,405 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,288 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$46,597 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $784,571 |
| 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. | $114,633 |
| Compensation of current officers, directors, key employees. | $28,658 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,476 |
| Pension plan accruals and contributions | $2,628 |
| Other employee benefits | $14,611 |
| Payroll taxes | $17,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $52,080 |
| Office expenses | $28,087 |
| Information technology | $8,198 |
| Royalties | $0 |
| Occupancy | $44,655 |
| Travel | $55,086 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,663 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,727 |
| Insurance | $12,677 |
| All other expenses | $58,924 |
| Total functional expenses | $988,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,256 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $208,150 |
| Accounts receivable, net | $20,250 |
| 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 | $75,255 |
| Net Land, buildings, and equipment | $1,490,766 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $146,759 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,048,436 |
| Accounts payable and accrued expenses | $34,234 |
| Grants payable | $0 |
| Deferred revenue | $44,968 |
| 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 | $179,049 |
| Unsecured mortgages and notes payable | $47,752 |
| Other liabilities | $88,834 |
| Total liabilities | $394,837 |
| Net assets without donor restrictions | $1,298,690 |
| Net assets with donor restrictions | $354,909 |
| 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 | $2,048,436 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Opera Grand Rapids has recieved totaling $396,235.
| Awarding Organization | Amount |
|---|---|
The David And Carol Van Andel Family Foundation Grand Rapids, MI PURPOSE: ARTS & CULTURE | $250,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $57,025 |
Peter And Joan Secchia Family Inc Grand Rapids, MI PURPOSE: STUDNET PASSPORT PROGRAM 2021 | $21,000 |
Kate And Richard Wolters Foundation Grand Rapids, MI PURPOSE: GENERAL | $10,000 |
Dte Energy Foundation Detroit, MI PURPOSE: ARTS & CULTURE | $10,000 |
Frank B And Virginia V Fehsenfeld Charitable Foundation Seattle, WA PURPOSE: ANNUAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $120,545 |
| Earnings | $32,699 |
| Admin Expense | $1,485 |
| Grants | $5,000 |
| Ending Balance | $146,759 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cincinnati Opera Association Cincinnati, OH | $40,351,951 | $5,063,717 |
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 |
Opera Association Of Central Ohio Columbus, OH | $1,269,312 | $1,287,831 |
Toledo Opera Association Toledo, OH | $4,577,028 | $1,254,776 |
Indianapolis Opera Company Indianapolis, IN | $3,256,088 | $1,429,356 |
Opera Grand Rapids Grand Rapids, MI | $2,048,436 | $784,571 |
Opera For The Young Inc Madison, WI | $518,511 | $325,341 |
Opera Western Reserve Incoporated Youngstown, OH | $112,627 | $0 |
Resonanz Albany Singer Intensive Festival Mentor, OH | $3,066 | $0 |
Milwaukee Opera Theatre Inc Elm Grove, WI | $172,296 | $0 |