Civic Intelligence

Sarasota Opera Association Inc.

990 • Fiscal year 2012 • EIN 23-7089047

Jun 01, 2011 to May 31, 2012 • Filed on Mar 19, 2013

50 Central Avenue34236
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

31st percentile

0.10x

Higher debt load relative to assets than 31% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

7th percentile

-12%

Faster asset growth than 7% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$22,579,534

Down $3,210,929 (-12%) from 2011

Net Assets

Down

$20,364,430

Down $1,889,785 (-8.5%) from 2011

Liabilities

Down

$2,215,104

Down $1,321,144 (-37%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$9,108,333

Up $1,122,620 (+14%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $26,236,654Liabilities 2010: $3,850,901Net Assets 2010: $22,385,7532010Assets 2011: $25,790,463Liabilities 2011: $3,536,248Net Assets 2011: $22,254,2152011Assets 2012: $22,579,534Liabilities 2012: $2,215,104Net Assets 2012: $20,364,4302012Assets 2013: $21,513,297Liabilities 2013: $1,689,411Net Assets 2013: $19,823,8862013Assets 2016: $24,536,509Liabilities 2016: $1,236,267Net Assets 2016: $23,300,2422016Assets 2017: $28,909,234Liabilities 2017: $2,712,487Net Assets 2017: $26,196,7472017Assets 2018: $27,524,752Liabilities 2018: $2,752,349Net Assets 2018: $24,772,4032018Assets 2019: $26,510,657Liabilities 2019: $3,105,224Net Assets 2019: $23,405,4332019Assets 2021: $28,037,945Liabilities 2021: $3,954,480Net Assets 2021: $24,083,4652021Assets 2022: $28,856,599Liabilities 2022: $4,076,383Net Assets 2022: $24,780,2162022Assets 2025: $36,969,853Liabilities 2025: $8,069,205Net Assets 2025: $28,900,6482025

Highlighted filing

2012

Assets$22,579,534
Liabilities$2,215,104
Net Assets$20,364,430

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,693,7602010Expenses 2011: $7,985,7132011Expenses 2012: $9,108,3332012Expenses 2013: $8,649,4122013Revenue 2016: $9,604,730Expenses 2016: $9,467,020Net Income 2016: $137,7102016Revenue 2017: $11,289,515Expenses 2017: $8,600,781Net Income 2017: $2,688,7342017Revenue 2018: $7,441,604Expenses 2018: $9,370,889Net Income 2018: -$1,929,2852018Revenue 2019: $8,208,524Expenses 2019: $9,473,840Net Income 2019: -$1,265,3162019Revenue 2021: $6,481,529Expenses 2021: $6,067,843Net Income 2021: $413,6862021Revenue 2022: $10,657,672Expenses 2022: $9,110,586Net Income 2022: $1,547,0862022Revenue 2025: $16,304,896Expenses 2025: $10,554,868Net Income 2025: $5,750,0282025

Highlighted filing

2012

Revenue-
Expenses$9,108,333
Net Income-
Jump To
Filing Snapshot
Filing Period
Jun 1, 2011 to May 31, 2012
Signed
Mar 19, 2013
Return Version
2011v1.5
Gross Receipts
$11,318,927
Mission and Program Overview

Mission

To produce outstanding opera true to the vision of the composer, to entertain, enrich, and educate the communities in southwest florida as well as patrons from across the state and around the world. To produce such operas; and to foster, promote, and increase public knowledge and appreciation of opera and similar presentations; to instruct, train and educate both students and the public, generally, in opera, music and related performing arts; and to rent, acquire for use, or own, maintain, and operate a place or places to accomplish these objectives.

Filing and Contact Details

Filer

EIN
23-7089047
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IRS990/NumberOfContractorsGT100K01
IRS990/NumberOfEmployees0139
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral030492
IRS990/Occupancy/ProgramServices0168513
IRS990/Occupancy/Total0199005
IRS990/OfficeExpenses/Fundraising019808
IRS990/OfficeExpenses/ManagementAndGeneral014831
IRS990/OfficeExpenses/ProgramServices028303
IRS990/OfficeExpenses/Total062942
IRS990/OfficerEntityWithBsnssRltnshp0true
IRS990/OfficerMailingAddress0false
IRS990/OnBehalfOfIssuer0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY0149737
IRS990/OtherAssetsTotal/EOY017316
IRS990/OtherEmployeeBenefits/Fundraising015902
IRS990/OtherEmployeeBenefits/ManagementAndGeneral073093
IRS990/OtherEmployeeBenefits/ProgramServices09314
IRS990/OtherEmployeeBenefits/Total098309
IRS990/OtherExpensePriorYear04794500
IRS990/OtherExpensesCurrentYear05342070
IRS990/OtherExpenses/Description0IATSE SUMMARY
IRS990/OtherExpenses/Description1rent & housing
IRS990/OtherExpenses/Description2General and Admin
IRS990/OtherExpenses/Description3production
IRS990/OtherExpenses/Fundraising011259

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.0$8.07$28.9$16.3$10.6$5.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$4.08$24.8$10.7$9.11$1.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$3.95$24.1$6.48$6.07$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.5$3.11$23.4$8.21$9.47$1.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$2.75$24.8$7.44$9.37$1.93
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$2.71$26.2$11.3$8.60$2.69
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$1.24$23.3$9.60$9.47$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$1.69$19.8$8.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$2.22$20.4$9.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$3.54$22.3$7.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$3.85$22.4$7.69