Civic Intelligence

Schenectady Light Opera Company Inc

990 • Fiscal year 2018 • EIN 23-7224835

Jun 01, 2017 to May 31, 2018 • Filed on Aug 20, 2019

Organization ProfileN/A
PO Box 1006Schenectady, NY 12301

(877) 350-7378

Siviq Scores

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

Liabilities / Assets

79th percentile

0.30x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

1.39x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Net Margin

29th percentile

-3.5%

Higher net margin than 29% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Asset Growth

40th percentile

-0.9%

Faster asset growth than 40% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$1,361,267

Down $12,948 (-0.9%) from 2017

Net Assets

Down

$956,753

Down $4,620 (-0.5%) from 2017

Liabilities

Down

$404,514

Down $8,328 (-2.0%) from 2017

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin29th percentile

Revenue

Up

$291,865

Up $49,651 (+20%) from 2017

Expenses

Up

$301,956

Up $21,755 (+7.8%) from 2017

Net Income

Up

-$10,091

Up $27,896 (+73%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $1,420,682Liabilities 2015: $450,725Net Assets 2015: $969,9572015Assets 2016: $1,433,512Liabilities 2016: $434,152Net Assets 2016: $999,3602016Assets 2017: $1,374,215Liabilities 2017: $412,842Net Assets 2017: $961,3732017Assets 2018: $1,361,267Liabilities 2018: $404,514Net Assets 2018: $956,7532018Assets 2019: $1,508,321Liabilities 2019: $390,923Net Assets 2019: $1,117,3982019Assets 2020: $1,485,532Liabilities 2020: $405,242Net Assets 2020: $1,080,2902020Assets 2021: $1,485,017Liabilities 2021: $334,450Net Assets 2021: $1,150,5672021Assets 2022: $1,455,811Liabilities 2022: $336,756Net Assets 2022: $1,119,0552022Assets 2023: $1,388,319Liabilities 2023: $287,935Net Assets 2023: $1,100,3842023Assets 2024: $1,424,431Liabilities 2024: $279,929Net Assets 2024: $1,144,5022024

Highlighted filing

2018

Assets$1,361,267
Liabilities$404,514
Net Assets$956,753
Open 2018 Filing

Operations Trend

Revenue Growth71st percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $337,031Expenses 2015: $257,626Net Income 2015: $79,4052015Revenue 2016: $274,447Expenses 2016: $245,044Net Income 2016: $29,4032016Revenue 2017: $242,214Expenses 2017: $280,201Net Income 2017: -$37,9872017Revenue 2018: $291,865Expenses 2018: $301,956Net Income 2018: -$10,0912018Revenue 2019: $472,589Expenses 2019: $310,276Net Income 2019: $162,3132019Revenue 2020: $249,765Expenses 2020: $288,559Net Income 2020: -$38,7942020Revenue 2021: $235,578Expenses 2021: $188,249Net Income 2021: $47,3292021Revenue 2022: $223,254Expenses 2022: $250,713Net Income 2022: -$27,4592022Revenue 2023: $315,999Expenses 2023: $332,704Net Income 2023: -$16,7052023Revenue 2024: $359,366Expenses 2024: $334,487Net Income 2024: $24,8792024

Highlighted filing

2018

Revenue$291,865
Expenses$301,956
Net Income-$10,091
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Aug 20, 2019
Return Version
2017v2.2
Gross Receipts
$291,865
Mission and Program Overview

Mission

Sloc's purpose is to develop an appreciation of the musical arts in the local comm by promoting and producing musical productions, and by taking an active role in local comm activities which foster art apprec

Sloc's purpose is to develop an appreciation of the musical arts in the local community by promoting and producing musical productions, and by taking an active role in local community activities which foster an art appreciation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,237,327$1,199,517▼ $37,810
Cash and Non-Interest-Bearing Accounts$17,530$52,326▲ $34,796
Prepaid Expenses and Deferred Charges$60,687$50,489▼ $10,198
Investments Program Related$42,635$49,970▲ $7,335
Savings and Temporary Cash Investments$14,065$7,269▼ $6,796
Total Assets$1,374,215$1,361,267▼ $12,948
Other Assets Total$1,971$1,696▼ $275
Liabilities
Mortgage Notes Payable Secured by Investment Property$304,933$293,735▼ $11,198
Accounts Payable and Accrued Expenses$93,428$80,154▼ $13,274
Deferred Revenue$11,481$27,625▲ $16,144
Other Liabilities$3,000$3,000→ $0
Total Liabilities$412,842$404,514▼ $8,328
Net Assets / Fund Balance
Unrestricted Net Assets$961,373$956,753▼ $4,620
Total Net Assets Fund Balance$961,373$956,753▼ $4,620
Total Liabilities and Net Assets / Fund Balance$1,374,215$1,361,267▼ $12,948

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,167,459$410,567$1,578,026
Equipment$32,058$138,133$170,191
Investment Program Related Org$49,970--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Robert FarquharsonBoard President
Michael CameloPresident
Connie RauhauserVice President
Diane SkibinskiBoard Member
Elizabeth Sherwood-mackBoard Member
Patrick ReillyBoard Member
Peter CaracappaBoard Member
Trish Scott- DemblingBoard Member
Adrienne ShermanSecretary
Robert ThayerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,869
Program Service Revenue
$195,797
Investment Income
$1,874
Other Revenue
$56,325
All Other Contributions
$35,092
Change in Net Assets
$-10,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$301,956
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
Other Expenses$68,259$0$0$68,259
Occupancy$67,721$0$0$67,721
Depreciation Depletion$63,772$0$0$63,772
Insurance$37,746$0$0$37,746
Interest$17,548$0$0$17,548
Fees for Services Accounting$0$12,850$0$12,850
Advertising$11,113$1,680$0$12,793
Information Technology$0$7,000$0$7,000
Office Expenses$0$554$0$554
Fees for Services Other$397$0$0$397
Total Functional Expenses$271,433$30,523$0$301,956
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$3,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Filing and Contact Details

Filer

Filer Name
Schenectady Light Opera Company Inc
EIN
23-7224835
Phone
8773507378
Address
PO BOX 1006, SCHENECTADY, NY 12301

Signing Officer

Name
Michael Camelo
Title
Board President
Phone
8773507378
Signed
2019-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Camelo
Formed
1979
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
250

Preparer

Firm
Stark & Basila CPAs PC
Address
132 Mohawk Street, Cohoes, NY 12047
Preparer
Marie E Stark
Phone
5182373641
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The treasurer reviews and reports to the full board.”

Pt VI, Line 19

“Upon Request.”

Pt XII, Line 2C

“Finance Committee”

Pt VI, Line 12C

“Board requires annual conflict of interest statements”

Pt XI

“Rounding”

Pt VI, Line 6

“A voting member is a person who in the last two years has actively participated on a committee, in a production or otherwise volunteered their time and has paid annual dues.”

Pt VI, Line 7A

“Members of the Board are elected by the voting membersto 3 year terms at the annual meeting. Vacancies on the Board which arise mid-year are appointed by the remaining members of the Board to fill the opening until the next annual meeting.”

Financial Statement Notes

Pt X, Line 2

“U.S. generally accepted accounting principles require Schenectady Light Opera Company, Inc. management to evalute tax positions taken by the Company and recognize a tax liability (or asset) if the Company has taken an uncertain tax position tht more than likely would not be sustained upon examination by the IRS. The Company's management has analyzed the tax positions taken by the Company and have concluded that as of August 19, 2019, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Company is subject to rotine audits by taxing jurisdictions, however, there are currently no audits for any tax period in progress.”

Raw XML AppendixShowing 400 of 451 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt093428
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt080154
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SLOC'S PURPOSE IS TO DEVELOP AN APPRECIATION OF THE MUSICAL ARTS IN THE LOCAL COMMUNITY BY PROMOTING AND PRODUCING MUSICAL PRODUCTIONS, AND BY TAKING AN ACTIVE ROLE IN LOCAL COMMUNITY ACTIVITIES WHICH FOSTER AN ART APPRECIATION.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01680
IRS990/AdvertisingGrp/ProgramServicesAmt011113
IRS990/AdvertisingGrp/TotalAmt012793
IRS990/AllOtherContributionsAmt035092
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARK VISCUSI
IRS990/BooksInCareOfDetail/PhoneNum08773507378
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0427 Franklin Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Schenectady
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012035
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt017530
IRS990/CashNonInterestBearingGrp/EOYAmt052326
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt02327
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt037869
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01874
IRS990/CYOtherExpensesAmt0301956
IRS990/CYOtherRevenueAmt056325
IRS990/CYProgramServiceRevenueAmt0195797
IRS990/CYRevenuesLessExpensesAmt0-10091
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0301956
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0291865
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt011481
IRS990/DeferredRevenueGrp/EOYAmt027625
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt063772
IRS990/DepreciationDepletionGrp/TotalAmt063772
IRS990/Desc0IN THE 2017-2018 FISCAL YEAR THE COMPANY PRODUCED 5 SHOWS THAT BENEFITED THE LOCAL COMMUNITY, CAST AND STAFF.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0271433
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012850
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt012850
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0397
IRS990/FeesForServicesOtherGrp/TotalAmt0397
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CAMELO
IRS990/Form990PartVIISectionAGrp/PersonNm1CONNIE RAUHAUSER
IRS990/Form990PartVIISectionAGrp/PersonNm2ADRIENNE SHERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT THAYER
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER CARACAPPA
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT FARQUHARSON
IRS990/Form990PartVIISectionAGrp/PersonNm6PATRICK REILLY
IRS990/Form990PartVIISectionAGrp/PersonNm7TRISH SCOTT- DEMBLING
IRS990/Form990PartVIISectionAGrp/PersonNm8ELIZABETH SHERWOOD-MACK
IRS990/Form990PartVIISectionAGrp/PersonNm9DIANE SKIBINSKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt02327
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0291865
IRS990/GrossRentsGrp/RealAmt056325
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07000
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt07000
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt037746
IRS990/InsuranceGrp/TotalAmt037746
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt017548
IRS990/InterestGrp/TotalAmt017548
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01874
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt042635
IRS990/InvestmentsProgramRelatedGrp/EOYAmt049970
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0548700
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01237327
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01199517
IRS990/LandBldgEquipCostOrOtherBssAmt01748217
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0450
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SLOC'S PURPOSE IS TO DEVELOP AN
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0304933
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0293735
IRS990/NetAssetsOrFundBalancesBOYAmt0961373
IRS990/NetAssetsOrFundBalancesEOYAmt0956753
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt056325
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt056325
IRS990/NetUnrlzdGainsLossesInvstAmt05472
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt067721
IRS990/OccupancyGrp/TotalAmt067721
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0554
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0554
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01971
IRS990/OtherAssetsTotalGrp/EOYAmt01696
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherExpensesGrp/Desc0Administrative Expenses
IRS990/OtherExpensesGrp/Desc1Bank and Credit Card Fees
IRS990/OtherExpensesGrp/Desc2Artistic Expenses
IRS990/OtherExpensesGrp/Desc3Production Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03472
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14967
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt24877
IRS990/OtherExpensesGrp/ProgramServicesAmt368259
IRS990/OtherExpensesGrp/TotalAmt03472
IRS990/OtherExpensesGrp/TotalAmt14967
IRS990/OtherExpensesGrp/TotalAmt24877
IRS990/OtherExpensesGrp/TotalAmt368259
IRS990/OtherLiabilitiesGrp/BOYAmt03000
IRS990/OtherLiabilitiesGrp/EOYAmt03000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt060687
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050489
IRS990/PrincipalOfficerNm0MICHAEL CAMELO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711120
IRS990/ProgramServiceRevenueGrp/Desc0Income from Shows
IRS990/ProgramServiceRevenueGrp/Desc1Program Activity Fees
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0190647
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15150
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt041640
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06414
IRS990/PYOtherExpensesAmt0280201
IRS990/PYOtherRevenueAmt054675
IRS990/PYProgramServiceRevenueAmt0139485
IRS990/PYRevenuesLessExpensesAmt0-37987
IRS990/PYTotalExpensesAmt0280201
IRS990/PYTotalRevenueAmt0242214
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-10091
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt056325
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0297337
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014065
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07269
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt037869
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt041640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt049591
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0134957
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt061646
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0325703
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt058199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt061089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt052048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt059660
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt051477
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0282473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0195797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0139485
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0172808
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0142414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0125273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0775777
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt058199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt061089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt052048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt059660
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt051477
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0282473
IRS990ScheduleA/InvestmentIncomeCYPct00.20410
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.79590
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01101480
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0233666
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0181125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0222399
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0277371
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0186919
IRS990ScheduleA/Total509Grp/TotalAmt01101480
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01383953
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01167459
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0410567
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01578026
IRS990ScheduleD/EquipmentGrp/BookValueAmt032058
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0138133
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0170191
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt049970
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Mutual funds
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposit
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. generally accepted accounting principles require Schenectady Light Opera Company, Inc. management to evalute tax positions taken by the Company and recognize a tax liability (or asset) if the Company has taken an uncertain tax position tht more than likely would not be sustained upon examination by the IRS. The Company's management has analyzed the tax positions taken by the Company and have concluded that as of August 19, 2019, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Company is subject to rotine audits by taxing jurisdictions, however, there are currently no audits for any tax period in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01199517
IRS990ScheduleD/TotalBookValueProgramRltdAmt049970
IRS990ScheduleD/TotalLiabilityAmt03000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The treasurer reviews and reports to the full board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon Request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Finance Committee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board requires annual conflict of interest statements
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Rounding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A voting member is a person who in the last two years has actively participated on a committee, in a production or otherwise volunteered their time and has paid annual dues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Members of the Board are elected by the voting membersto 3 year terms at the annual meeting. Vacancies on the Board which arise mid-year are appointed by the remaining members of the Board to fill the opening until the next annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 7a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01374215
IRS990/TotalAssetsEOYAmt01361267
IRS990/TotalAssetsGrp/BOYAmt01374215
IRS990/TotalAssetsGrp/EOYAmt01361267
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037869
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030523
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0271433
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301956
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0412842
IRS990/TotalLiabilitiesEOYAmt0404514
IRS990/TotalLiabilitiesGrp/BOYAmt0412842
IRS990/TotalLiabilitiesGrp/EOYAmt0404514
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0961373
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0956753
IRS990/TotalProgramServiceExpensesAmt0271433
IRS990/TotalProgramServiceRevenueAmt0195797
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0253996
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0291865

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,361,267
Liabilities
$404,514
Net assets
$956,753
Revenue
$291,865
Expenses
$301,956
Net income
-$10,091
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.28$1.14$0.36$0.33$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.29$1.10$0.32$0.33$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.46$0.34$1.12$0.22$0.25$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.49$0.33$1.15$0.24$0.19$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.49$0.41$1.08$0.25$0.29$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.39$1.12$0.47$0.31$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.36$0.40$0.96$0.29$0.30$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.37$0.41$0.96$0.24$0.28$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.43$0.43$1.00$0.27$0.25$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.45$0.97$0.34$0.26$0.08