Valissima Institute Inc
- Assets
- $9.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Willow Grove, PA
- Founding
- Data as of
- 12/2021
- EIN
- 84-4845874
Organization Overview
Valissima Institute Inc is located in Willow Grove, PA. 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. Valissima Institute 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 12/2021, Valissima Institute Inc generated $105.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 56.2% each year . All expenses for the organization totaled $139.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED A 12 DAY OVERNITE CAMP FOR TEENS, AND ENGAGED A TEACHING ORCHESTRA. A PUBLIC CONCERT WAS HELDFEATURING ORGANIZATION STUDENT CONDUCTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Serena Benedetti President | 15 | $0 | |
Peter Vlachos Chair | 4 | $0 | |
Theodore Stamas Secretary | 1 | $0 | |
Frank Pantazopoulos Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,503 |
| Total Program Service Revenue | $8,101 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,604 |
| 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 | $25,179 |
| Occupancy, rent, utilities, and maintenance | $10,306 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $104,410 |
| Total expenses | $139,895 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,034 |
| Other assets | $0 |
| Total assets | $9,034 |
| Total liabilities | $1,123 |
| Net assets or fund balances | $7,911 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Opera Guild Inc New York, NY | $11,636,908 | $9,957,948 |
Opera Philadelphia Philadelphia, PA | $10,821,353 | $11,047,971 |
Pittsburgh Opera Inc Pittsburgh, PA | $33,685,056 | $15,132,156 |
Glimmerglass Opera Theatre Inc Cooperstown, NY | $19,222,270 | $8,564,842 |
Cincinnati Opera Association Cincinnati, OH | $40,351,951 | $5,063,717 |
Civic Light Opera Association Pittsburgh, PA | $18,382,442 | $7,903,885 |
Fulton Theatre Company Lancaster, PA | $42,962,045 | $8,952,577 |
New York City Opera Inc New York, NY | $2,464,472 | $3,221,600 |
Opera Association Of Central Ohio Columbus, OH | $1,269,312 | $1,287,831 |
American Friends Of The Paris Opera & Ballet New York, NY | $1,099,480 | $1,059,401 |
Opera Delaware Inc Wilmington, DE | $3,072,019 | $1,326,330 |
Toledo Opera Association Toledo, OH | $4,577,028 | $1,254,776 |