Civic Intelligence

Squonk Opera Inc.

990 • Fiscal year 2019 • EIN 25-1875780

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 28, 2019

315 Castlegate RoadPittsburgh, PA 15221

(412) 871-0085

Siviq Scores

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

Liabilities / Assets

51st percentile

0.03x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.04x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

73rd percentile

$63,000

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$617,787

No earlier filing loaded for comparison.

Net Assets

$597,669

No earlier filing loaded for comparison.

Liabilities

$20,118

No earlier filing loaded for comparison.

Revenue

$459,721

No earlier filing loaded for comparison.

Expenses

$366,292

No earlier filing loaded for comparison.

Net Income

$93,429

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.

$800K$600K$400K$200K$0Assets 2019: $617,787Liabilities 2019: $20,118Net Assets 2019: $597,6692019Assets 2020: $520,648Liabilities 2020: $0Net Assets 2020: $520,6482020Assets 2021: $628,104Liabilities 2021: $45,705Net Assets 2021: $582,3992021Assets 2022: $644,268Liabilities 2022: $55,684Net Assets 2022: $588,5842022Assets 2023: $745,850Liabilities 2023: $109,636Net Assets 2023: $636,2142023Assets 2024: $600,933Liabilities 2024: $108,858Net Assets 2024: $492,0752024Assets 2025: $492,348Liabilities 2025: $88,472Net Assets 2025: $403,8762025

Highlighted filing

2019

Assets$617,787
Liabilities$20,118
Net Assets$597,669

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $459,721Expenses 2019: $366,292Net Income 2019: $93,4292019Revenue 2020: $295,365Expenses 2020: $369,904Net Income 2020: -$74,5392020Revenue 2021: $239,406Expenses 2021: $220,243Net Income 2021: $19,1632021Revenue 2022: $744,895Expenses 2022: $667,074Net Income 2022: $77,8212022Revenue 2023: $592,462Expenses 2023: $571,234Net Income 2023: $21,2282023Revenue 2024: $440,506Expenses 2024: $595,831Net Income 2024: -$155,3252024Revenue 2025: $635,236Expenses 2025: $731,353Net Income 2025: -$96,1172025

Highlighted filing

2019

Revenue$459,721
Expenses$366,292
Net Income$93,429
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$481,375
Mission and Program Overview

Mission

Inspire diverse audiences to explore their creativity and common humanity. Invigorate live performance and develop young and non-traditional audiences with music, multimedia spectacle and humor. Embrace the unique culture of our home in western pennsylvania and the world.

Presents interdisciplinary music spectacles, while offering educational opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$217,838$244,729▲ $26,891
Investments in Publicly Traded Securities$201,042$216,097▲ $15,055
Pledges and Grants Receivable$25,000$140,500▲ $115,500
Prepaid Expenses and Deferred Charges$5,601$9,143▲ $3,542
Cash and Non-Interest-Bearing Accounts$63,043$5,824▼ $57,219
Inventories for Sale or Use$1,494$1,494→ $0
Total Assets$514,018$617,787▲ $103,769
Liabilities
Deferred Revenue$5,000$15,500▲ $10,500
Accounts Payable and Accrued Expenses$8,763$4,618▼ $4,145
Total Liabilities$13,763$20,118▲ $6,355
Net Assets / Fund Balance
Unrestricted Net Assets$440,760$448,169▲ $7,409
Temporarily Rstr Net Assets$59,495$149,500▲ $90,005
Total Net Assets Fund Balance$500,255$597,669▲ $97,414
Total Liabilities and Net Assets / Fund Balance$514,018$617,787▲ $103,769

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$244,729$208,672$453,401
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jackie DempseyCo-Exec Director/SecretaryFT$63,000$63,000
Stephen O'HearnCo-Executive DirectorFT$63,000$63,000

Board Members and Trustees

NameTitle
Gale McGloinChair
Jay SilberblattVice Chair
Carolelinda DickeyBoard Member
Michael GansBoard Member
Susan McLaughlinBoard Member
Mike WascoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$343,787
Program Service Revenue
$107,000
Investment Income
$7,070
Other Revenue
$1,864
All Other Contributions
$329,785
Change in Net Assets
$93,429

Audited Revenue Reconciliation

Revenue per Audited Statements
$459,721
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,985
Total Revenue per Audited Statements
$463,706
Total Revenue per Form 990
$459,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,009
Salaries, Compensation, and Employee Benefits$145,283
Total Fundraising Expense$41,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$64,500$32,250$32,250$129,000
Depreciation Depletion$48,979$260-$49,239
Occupancy$20,142$6,589-$26,731
Travel$25,939--$25,939
Advertising$21,874--$21,874
Insurance$11,349$2,911-$14,260
Payroll Taxes$5,520$2,684$2,684$10,888
Fees for Services Accounting-$3,850$3,850$7,700
Other Salaries and Wages$3,635$880$880$5,395
Office Expenses-$1,441$1,441$2,882
Other Expenses$3,734$1,654-$1,654
All Other Expenses-$1,397-$1,397
Total Functional Expenses$271,271$53,916$41,105$366,292

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$366,292
Total Expenses per Audited Statements$366,292
Total Expenses per Form 990$366,292
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Demmler SchenckDemmler Schenck is married to co-executive director Stephen O'HearnDemmler Schenck is wife of co-executive director, Stephen O'Hearn. Ms. Schenck rented storage space, scene shop and rehearsal space to Squonk Opera during the fiscal year.No$7,200
David WallaceDavid Wallace is married to Co-Executive Director, Jackie DempseyDavid rented office and storage space to the Organization.No$4,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 B, line 11B

The IRS 990 is emailed by the tax preparer to Jackie Dempsey, who is Co-Artistic Director and member of the Board of Directors. Jackie forwards the Form 990 to the full Board of Directors. The Board is given one week to review the documents and to respond to Jackie with any questions or issues. If by the end of the week Jackie is sent questions or issues, Jackie forwards these items to Form 990 preparers. Once the questions or issues have been resolved, the Form 990 is approved for filing.

Form 990, Part VI, Section B, line 12C

Each year all members of the Board of Directors and all employees receive and sign the Conflict of Interest Policy, stating that they understand and agree to comply with the policy.

Form 990, Part VI, Section B, line 15

The compensation of the two co-executive directors is annually determined by the Board of Directors and documented in the minutes.

Form 990, Part VI, Section C, line 19

The Form 990 is available at www.guidestar.org. All other documents would be made available upon request.

Filing and Contact Details

Filer

Filer Name
Squonk Opera Inc
EIN
25-1875780
Phone
4128710085
Address
315 Castlegate Road, Pittsburgh, PA 15221

Signing Officer

Name
Jackie Dempsey
Title
Co-Executive Director
Phone
4128710085
Signed
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jackie Dempsey
Formed
2000
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
6
Employees
5
Volunteers
0

Preparer

Firm
Herbein Company Inc
Address
530 Pellis Rd Ste 7000, Greensburg, PA 15601
Preparer
Edward M Flohr CPA
Phone
7248347053
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The organization has not changed its oversight process or selection process during the tax year.

Financial Statement Notes

Part X, Line 2:

The Corporation is a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal taxes under Section 501(a) of the Code. In accordance with generally accepted accounting principles, the Corporation recognizes the income benefit (or liability as applicable) from an uncertain tax position when it is more likely than not, based on technical merits, the position will be sustained upon examination, including resolutions of any related appeals or litigation process. Management has determined that there are no uncertain tax positions that would qualify for either recognition or disclosure in the financial statements. The years of 2015 and forward are open for purposes of potential audit by taxing authorities.

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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0107000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0171000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0418000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt037500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0120000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0155500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0902000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0343787
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0415132
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt091295
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0368189
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0179630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01398033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08724
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt038
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0107000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0187500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0117020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0208360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt093285
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0713165
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08724
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08762
IRS990ScheduleA/InvestmentIncomeCYPct00.00410
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01864
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01997
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01924
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt014589
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013708
IRS990ScheduleA/OtherIncome509Grp/TotalAmt034082
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.51150
IRS990ScheduleA/PublicSupportPY509Pct00.47550
IRS990ScheduleA/PublicSupportTotal509Amt01101735
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0171000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0418000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt037500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0166178
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0216785
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01009463
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt046178
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt061285
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0107463
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0450787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0602632
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0208315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0576549
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0272915
IRS990ScheduleA/Total509Grp/TotalAmt02111198
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0461375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0604667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0210239
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0591138
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0286623
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02154042
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0244729
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0208672
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0453401
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0366292
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03985
IRS990ScheduleD/RevenueNotReportedAmt03985
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0459721
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal taxes under Section 501(a) of the Code. In accordance with generally accepted accounting principles, the Corporation recognizes the income benefit (or liability as applicable) from an uncertain tax position when it is more likely than not, based on technical merits, the position will be sustained upon examination, including resolutions of any related appeals or litigation process. Management has determined that there are no uncertain tax positions that would qualify for either recognition or disclosure in the financial statements. The years of 2015 and forward are open for purposes of potential audit by taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0244729
IRS990ScheduleD/TotalExpensesPerForm990Amt0366292
IRS990ScheduleD/TotalRevenuePerForm990Amt0459721
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0463706
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0366292
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Demmler Schenck
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1David Wallace
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Demmler Schenck is married to co-executive director Stephen O'Hearn
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1David Wallace is married to Co-Executive Director, Jackie Dempsey
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt07200
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt14800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Demmler Schenck is wife of co-executive director, Stephen O'Hearn. Ms. Schenck rented storage space, scene shop and rehearsal space to Squonk Opera during the fiscal year.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1David rented office and storage space to the Organization.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The IRS 990 is emailed by the tax preparer to Jackie Dempsey, who is Co-Artistic Director and member of the Board of Directors. Jackie forwards the Form 990 to the full Board of Directors. The Board is given one week to review the documents and to respond to Jackie with any questions or issues. If by the end of the week Jackie is sent questions or issues, Jackie forwards these items to Form 990 preparers. Once the questions or issues have been resolved, the Form 990 is approved for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each year all members of the Board of Directors and all employees receive and sign the Conflict of Interest Policy, stating that they understand and agree to comply with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The compensation of the two co-executive directors is annually determined by the Board of Directors and documented in the minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is available at www.guidestar.org. All other documents would be made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization has not changed its oversight process or selection process during the tax year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt059495
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0149500
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0514018
IRS990/TotalAssetsEOYAmt0617787
IRS990/TotalAssetsGrp/BOYAmt0514018
IRS990/TotalAssetsGrp/EOYAmt0617787
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0343787
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt041105
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt053916
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0271271
IRS990/TotalFunctionalExpensesGrp/TotalAmt0366292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013763

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