Civic Intelligence

Rochester Lyric Opera Inc

EIN 20-5109731 • 501(c)3 • Rochester, NY

Profile

The rochester lyric opera was organized exclusively for artistic and educational purposes by producing public performances of operas, operettas and musical theatre along with providing various educational opportunities to the public.

91 Knollwood DrRochester, NY 14618

www.lyrictheatrerochester.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.83x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.11x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-97%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

3.4%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$34,184

Down $1,067,064 (-97%) from 2020

Liabilities

Down

$28,404

Down $1,213,606 (-98%) from 2020

Net Assets

Up

$5,780

Up $146,542 (+104%) from 2020

Revenue

Up

$257,501

Up $8,453 (+3.4%) from 2020

Expenses

Down

$110,959

Down $100,283 (-47%) from 2020

Net Income

Up

$146,542

Up $108,736 (+288%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2011: $2,108Liabilities 2011: $25,0002011Assets 2012: $8,031Liabilities 2012: $24,2492012Assets 2013: $2,054Liabilities 2013: $24,2492013Assets 2014: $4,769Liabilities 2014: $2,8342014Assets 2015: $1,240,320Liabilities 2015: $1,202,410Net Assets 2015: $37,9102015Assets 2016: $1,184,519Liabilities 2016: $1,214,493Net Assets 2016: -$29,9742016Assets 2017: $1,181,114Liabilities 2017: $1,239,174Net Assets 2017: -$58,0602017Assets 2018: $1,122,195Liabilities 2018: $1,266,806Net Assets 2018: -$144,6112018Assets 2019: $1,139,063Liabilities 2019: $1,317,631Net Assets 2019: -$178,5682019Assets 2020: $1,101,248Liabilities 2020: $1,242,010Net Assets 2020: -$140,7622020Assets 2021: $34,184Liabilities 2021: $28,404Net Assets 2021: $5,7802021

Highlighted filing

2021

Assets$34,184
Liabilities$28,404
Net Assets$5,780

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2011: $99,257Expenses 2011: $128,253Net Income 2011: -$28,9962011Revenue 2012: $76,510Expenses 2012: $69,836Net Income 2012: $6,6742012Revenue 2013: $68,190Expenses 2013: $74,167Net Income 2013: -$5,9772013Revenue 2014: $84,484Expenses 2014: $60,354Net Income 2014: $24,1302014Revenue 2015: $139,641Expenses 2015: $103,666Net Income 2015: $35,9752015Revenue 2016: $232,904Expenses 2016: $300,788Net Income 2016: -$67,8842016Revenue 2017: $225,344Expenses 2017: $253,432Net Income 2017: -$28,0882017Revenue 2018: $186,538Expenses 2018: $262,089Net Income 2018: -$75,5512018Revenue 2019: $319,331Expenses 2019: $356,346Net Income 2019: -$37,0152019Revenue 2020: $249,048Expenses 2020: $211,242Net Income 2020: $37,8062020Revenue 2021: $257,501Expenses 2021: $110,959Net Income 2021: $146,5422021

Highlighted filing

2021

Revenue$257,501
Expenses$110,959
Net Income$146,542

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$1,436,114
Mission and Program Overview

Mission

The rochester lyric opera was organized exclusively for artistic and educational purposes by producing public performances of operas, operettas and musical theatre along with providing various educational opportunities to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,062,543--
Cash and Non-Interest-Bearing Accounts$5,614$28,291▲ $22,677
Savings and Temporary Cash Investments$20,961--
Accounts Receivable$12,130$5,893▼ $6,237
Total Assets$1,101,248$34,184▼ $1,067,064
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,175,293--
Unsecured Notes Loans Payable$57,696$25,656▼ $32,040
Deferred Revenue$5,375--
Accounts Payable and Accrued Expenses$3,646$2,748▼ $898
Total Liabilities$1,242,010$28,404▼ $1,213,606
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-140,762$5,780▲ $146,542
Total Net Assets Fund Balance$-140,762$5,780▲ $146,542
Total Liabilities and Net Assets / Fund Balance$1,101,248$34,184▼ $1,067,064
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$19,933
Program Service Revenue
$65,489
Investment Income
$169,147
Other Revenue
$2,932
All Other Contributions
$19,933
Change in Net Assets
$146,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$110,959
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$33,691--$33,691
Depreciation Depletion$16,237--$16,237
Occupancy$13,186--$13,186
Interest$7,498--$7,498
Office Expenses$4,459$2,704-$7,163
Insurance$6,997--$6,997
Fees for Services Accounting-$2,933-$2,933
Advertising$2,607--$2,607
Other Expenses$765--$765
Information Technology$226--$226
All Other Expenses$15--$15
Total Functional Expenses$105,322$5,637$0$110,959
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Susan cotroneo, managing director and anthony cotroneo, director, are related through marriage.

Form 990, Part VI, Section B, Line 11B

Prior to filing the 990, the entire board of directors is sent a draft of the complete 990 for review prior to filing. The board is given an amount of time to respond with questions and comments. Upon satisfaction of any questions or comments, the return is filed.

Form 990, Part VI, Section C, Line 19

Documents made available upon request

Filing and Contact Details

Filer

Filer Name
Rochester Lyric Opera Inc
EIN
20-5109731
Phone
5852560444
Address
91 KNOLLWOOD DR, ROCHESTER, NY 14618

Signing Officer

Name
Susan Cotroneo
Title
Managing Director
Phone
5852560444
Signed
2022-05-16

Organization Details

Principal Officer
Susan Cotroneo
Formed
2005
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Bonadio & Co Llp
Address
171 SULLYS TRAIL, PITTSFORD, NY 14534
Preparer
Richard Leicht
Phone
5853811000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other: program service expenses 33,691. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,691.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt030875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019933
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt099926
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt053319
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt039357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0119941
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0332476
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt087
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0129
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0113176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0211620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0135089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0105333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0627272
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0129
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0875
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt010389
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt023717
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01697
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/OtherIncome509Grp/TotalAmt036709
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93210
IRS990ScheduleA/PublicSupportPY509Pct00.93690
IRS990ScheduleA/PublicSupportTotal509Amt0928873
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt05875
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt030875
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt081987
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0213102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0264939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0174446
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0225274
IRS990ScheduleA/Total509Grp/TotalAmt0959748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt082863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0223578
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0288687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0176145
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0225313
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0996586
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUSAN COTRONEO, MANAGING DIRECTOR AND ANTHONY COTRONEO, DIRECTOR, ARE RELATED THROUGH MARRIAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING THE 990, THE ENTIRE BOARD OF DIRECTORS IS SENT A DRAFT OF THE COMPLETE 990 FOR REVIEW PRIOR TO FILING. THE BOARD IS GIVEN AN AMOUNT OF TIME TO RESPOND WITH QUESTIONS AND COMMENTS. UPON SATISFACTION OF ANY QUESTIONS OR COMMENTS, THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER: PROGRAM SERVICE EXPENSES 33,691. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,691.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0ROCHESTER LYRIC OPERA INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0440 EAST AVE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0473486625
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0172961
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0440 EAST AVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0ROCHESTER
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd014607
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE COTRONEO FAMILY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0817032898
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE ACTIVITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt091 KNOLLWOOD DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014618
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00

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