Tacoma Opera Association

Organization Overview

Tacoma Opera Association is located in Tacoma, WA. The organization was established in 1984. 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 05/2022, Tacoma Opera Association employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Opera Association 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 05/2022, Tacoma Opera Association generated $305.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $316.1k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PRODUCE AND STAGE OPERA PERFORMANCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOA PLAYS AN IMPORTANT ROLE IN THE CULTURAL LIFE OF THE SOUTH PUGET SOUND AS THE ONLY PROFESSIONAL OPERA-PRODUCING ORGANIZATION IN THE AREA. THE COMPANY, WHICH PRIMARILY SERVES THE CITIZENS OF PIERCE COUNTY AND THE RESIDENTS OF THE SOUTH SOUND, BRINGS WELL-LOVED CLASSICS TO AUDIENCES AND INTRODUCES SCHOOL CHILDREN TO THE OPERATIC REPERTOIRE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$25,625
Related organizations$0
Government grants $83,128
All other contributions, gifts, grants, and similar amounts not included above$183,581
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$292,334
Total Program Service Revenue$22,571
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 -$9,638
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $305,267

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Tacoma Opera Association has recieved totaling $25,885.

Awarding OrganizationAmount
Gottfried & Mary Fuchs Foundation

Phoenix, AZ

PURPOSE: CHARITABLE

$12,000
Greater Tacoma Community Foundation

Tacoma, WA

PURPOSE: OPERATING SUPPORT

$8,815
$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$70
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$32,297
Earnings$182
Other Expense$1,400
Ending Balance$31,079

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