The Atlanta Opera Inc
- Assets
- $39.3m
- Revenue
- $27.7m
- Investments
- $0.0
- Employees
- 143
- Location
- Atlanta, GA
- Founding
- 11/1979
- Data as of
- 06/2022
- EIN
- 58-1371843
Organization Overview
The Atlanta Opera Inc is located in Atlanta, GA. The organization was established in 1979. 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 06/2022, Atlanta Opera Inc employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta 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 06/2022, Atlanta Opera Inc generated $27.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $10.8m during the year ending 06/2022. While expenses have increased by 9.8% 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
THE ATLANTA OPERA STRIVES TO ENRICH OUR COMMUNITY BY CREATING THE HIGHEST QUALITY OPERATIC AND THEATRICAL PROGRAMMING THAT RE-IMAGINES THE CLASSICS AND INTRODUCES NEW WORKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERA PERFORMANCES - LIVE PERFORMANCES OF 4 LARGE SCALE PRODUCTIONS AT THE COBB ENERGY CENTRE WITH A TOTAL ATTENDANCE OF APPROXIMATELY 18,725.
OPERA PERFORMANCES - LIVE PERFORMANCES OF 4 LARGE SCALE PRODUCTIONS AT THE COBB ENERGY CENTRE WITH A TOTAL ATTENDANCE OF APPROXIMATELY 18,725.
COMMUNITY ENGAGEMENT AND EDUCATION PERFORMANCES - IN SCHOOL PERFORMANCES INCLUDE STUDIO TOURS, WORKSHOPS, MASTERCLASSES AND RESIDENCES FOR GRADES K-12; FINAL DRESS REHEARSAL AND FIELD TRIP PROGRAMS BRING STUDENTS TO FULLY STAGED MAINSTAGE PRODUCTIONS FOR GRADES 6-12. THESE PROGRAMS SERVED A COMBINED 37,928 STUDENTS AT 121 EDUCATIONAL INSTITUTIONS. COMMUNITY ENGAGEMENT PROGRAMS SUCH A PRE-TALKS, PANELS, POP-UP CONCERTS, AND PARTNERSHIP EVENTS SERVED 7,717 COMMUNITY MEMBERS AT 19 TOTAL EVENTS.
COMMUNITY ENGAGEMENT AND EDUCATION PERFORMANCES - IN SCHOOL PERFORMANCES INCLUDE STUDIO TOURS, WORKSHOPS, MASTERCLASSES AND RESIDENCES FOR GRADES K-12; FINAL DRESS REHEARSAL AND FIELD TRIP PROGRAMS BRING STUDENTS TO FULLY STAGED MAINSTAGE PRODUCTIONS FOR GRADES 6-12. THESE PROGRAMS SERVED A COMBINED 37,928 STUDENTS AT 121 EDUCATIONAL INSTITUTIONS. COMMUNITY ENGAGEMENT PROGRAMS SUCH A PRE-TALKS, PANELS, POP-UP CONCERTS, AND PARTNERSHIP EVENTS SERVED 7,717 COMMUNITY MEMBERS AT 19 TOTAL EVENTS.
DISCOVERIES SERIES - LIVE AND FILMED PERFORMANCES DEDICATED TO OUR AUDIENCE MEMBERS WHO ARE LOOKING FOR NEW WORKS, NEW IDEAS, AND FRESH PERSPECTIVES. SERVING APPROXIMATELY 4,037 PATRONS ANNUALLY, THE SERIES IS PERFORMED AT A SMALLER, URBAN VENUES THAT ARE EASILY ACCESSIBLE VIA MASS TRANSIT.
DISCOVERIES SERIES - LIVE AND FILMED PERFORMANCES DEDICATED TO OUR AUDIENCE MEMBERS WHO ARE LOOKING FOR NEW WORKS, NEW IDEAS, AND FRESH PERSPECTIVES. SERVING APPROXIMATELY 4,037 PATRONS ANNUALLY, THE SERIES IS PERFORMED AT A SMALLER, URBAN VENUES THAT ARE EASILY ACCESSIBLE VIA MASS TRANSIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Tomer Zvulun General & Artistic Director | Officer | 45 | $727,749 |
Mr Micah B Fortson Managing Director | Officer | 45 | $170,912 |
Mr Paul R Harkins Chief Advancement Officer | Officer | 45 | $180,758 |
Ms Jessica Langlois Associate Dir Of Development | 45 | $117,843 | |
Ms Ashley Mirakian Chief Of Marketing & Audience | 45 | $104,835 | |
Ms Rebecca Brown Director Of Marketing & Comm. | 45 | $102,598 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Atc Rent - Office Space | 6/29/17 | $246,573 |
Utp Productions Inc Payroll Service | 6/29/17 | $353,737 |
Cobb Energy Performing Arts Centre Hall/venue Rental | 6/29/17 | $465,809 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $963,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,620,042 |
| Noncash contributions included in lines 1a–1f | $661,251 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,583,292 |
| Total Program Service Revenue | $1,626,090 |
| Investment income | $599,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,913,342 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,781 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,735,850 |
| 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. | $929,909 |
| Compensation of current officers, directors, key employees. | $119,542 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,829,732 |
| Pension plan accruals and contributions | $22,991 |
| Other employee benefits | $344,029 |
| Payroll taxes | $281,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $488 |
| Fees for services: Accounting | $44,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $86,861 |
| Fees for services: Other | $1,845,129 |
| Advertising and promotion | $430,157 |
| Office expenses | $157,657 |
| Information technology | $152,922 |
| Royalties | $0 |
| Occupancy | $455,344 |
| Travel | $172,335 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,635 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $379,635 |
| Insurance | $18,978 |
| All other expenses | $8,253 |
| Total functional expenses | $10,833,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $752,903 |
| Savings and temporary cash investments | $1,299,525 |
| Pledges and grants receivable | $15,762,769 |
| Accounts receivable, net | $14,573 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,131 |
| Prepaid expenses and deferred charges | $262,520 |
| Net Land, buildings, and equipment | $2,571,706 |
| Investments—publicly traded securities | $17,324,261 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,302,462 |
| Total assets | $39,297,850 |
| Accounts payable and accrued expenses | $1,264,946 |
| Grants payable | $0 |
| Deferred revenue | $917,025 |
| 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 | $2,181,971 |
| Net assets without donor restrictions | $5,099,969 |
| Net assets with donor restrictions | $32,015,910 |
| 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 | $39,297,850 |