Sun Valley Opera Company
- Assets
- $167.4k
- Revenue
- $179.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Ketchum, ID
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 82-0530372
Organization Overview
Sun Valley Opera Company is located in Ketchum, ID. 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. Sun Valley Opera Company 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 12/2021, Sun Valley Opera Company generated $179.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $147.8k during the year ending 12/2021. While expenses have increased by 0.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SUN VALLEY OPERA IS TO ENTERTAIN, ENRICH AND EDUCATE THE RESIDENTS OF AND VISITORS TO THE WOOD RIVER VALLEY THROUGH OPERA AND THE VOCAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO THE CONTINUING COVID PANDEMIC, SUN VALLEY OPERA DID NOT HOLD ANY CONCERTS OR EVENTS IN THE WINTER OF 2021. THE 2021 SUMMER SEASON SAW A LIMITED NUMBER OF LIVE EVENTS. "MOVIE NIGHTS ON THE LAWN" AT THE PAVILLION AT SUN VALLEY RESORT PRESENTD "FUNNY GIRL- AND "THE WIZARD OF OZ" IN JUNE AND SEPTEMBER. IN JULY WE HELD A SIGNATURE SALON CONCERT STARRING WORLD RENOWNED TENOR LAWRENCE BROWNLEE IN A PRIVATE GARDEN. THE CONCERT WAS SET UP WITH SOCIAL DISTANCING. DURING AUGUST DUE TO WILDFIRES AND HEAVY SMOKE THROUGHOUT THE WOOD RIVER VALLEY, WE HELD OUR DIVA PARTY AND CONCERT STARRING LISA HOPKINS SEEGMILLER AND HER DAUGHTER ELLIE FELICE SEEGMILLER AT THE ARGYROS PERFORMING ARTS CENTER. ALL COVID GUIDELINES WERE FOLLOWED INCLUDING WEARING MASKS INDOORS AND SOCIAL DISTANCING. WE ENDED THE SEASON WITH OUR LAST CONCERT ALSO PRESENTED AT THE ARGYROS IN SEPTEMBER STARRING SOPRANO CECILIA VIOLETTA LOPEZ ACCOMPANIED BY NATHAN SALAZAR. ALSO IN 2021 WE FULFILLED OUR THIRD OF A 4 YEAR SCHOLARSHIP AWARD TO A STUDENT WHO IS STUDYING VOCAL ARTS AT THE UNIVERSITY OF PUGET SOUND. EACH YEAR WE GIVE THE UNIVERSITY 2,500 PER SEMESTER TOWARD HER TUITION. APPROXIMATELY 650 RESIDENTS AND VISITORS BENEFITTED FROM SUN VALLEY OPERA'S VARIETY OF PROGRAMS DURING THE 2021 CALENDAR YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn Watson Executive Di | Officer | 40 | $75,000 |
Phebe Thorne Secretary | Officer | $0 | |
Kyle Johnson CEO & Chairm | Officer | $0 | |
Frank Meyer President | Officer | $0 | |
Trudi Schneider Treasurer | Officer | $0 | |
Patricia Darman Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,184 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,184 |
| Total Program Service Revenue | $25,346 |
| Investment income | $81 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$24,525 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,668 |
| 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. | $75,000 |
| Compensation of current officers, directors, key employees. | $24,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,841 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $893 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $16,709 |
| Total functional expenses | $147,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,419 |
| 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 | $167,419 |
| 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 |
| Net assets without donor restrictions | $89,100 |
| Net assets with donor restrictions | $78,319 |
| 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 | $167,419 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sun Valley Opera Company has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,000 |
Warrington Foundation Cincinnati, OH PURPOSE: GENERAL FUNDING | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seattle Opera Seattle, WA | $79,324,035 | $23,974,024 |
Utah Symphony & Opera Salt Lake City, UT | $65,182,568 | $24,613,086 |
Portland Opera Association Inc Portland, OR | $27,962,888 | $6,427,298 |
Utah Festival Opera Company Logan, UT | $13,283,393 | $3,306,953 |
Seattle Opera Foundation Seattle, WA | $25,308,635 | $469,845 |
Eugene Opera Eugene, OR | $551,034 | $541,105 |
Opera Idaho Inc Boise, ID | $618,057 | $707,547 |
Pacific Musicworks Seattle, WA | $3,895 | $242,217 |
Tacoma Opera Association Tacoma, WA | $36,365 | $305,267 |
Friends Of The Opera House Elgin, OR | $261,680 | $443,087 |
Nova Center For The Performing Arts Inc Billings, MT | $379,205 | $252,046 |
Vashon Opera Burton, WA | $111,543 | $0 |