Civic Intelligence

Amore Opera Inc.

990EZ • Fiscal year 2022 • EIN 27-0940187

Jul 01, 2021 to Jun 30, 2022 • Filed on Jun 09, 2023

PO Box 231368New York, NY 10023

(347) 948-4588

Siviq Scores

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

Liabilities / Assets

78th percentile

0.20x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.14x

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

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Net Margin

77th percentile

29%

Higher net margin than 77% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

75%

Faster asset growth than 87% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

438%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$39,212

Up $16,763 (+75%) from 2021

Net Assets

Up

$31,472

Up $16,763 (+114%) from 2021

Liabilities

Flat

$7,740

Flat from 2021

Revenue

Up

$57,153

Up $46,526 (+438%) from 2021

Expenses

Up

$40,425

Up $24,929 (+161%) from 2021

Net Income

Up

$16,728

Up $21,597 (+444%) from 2021

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20KAssets 2012: $22,718Liabilities 2012: $20,000Net Assets 2012: $2,7182012Assets 2014: $17,428Liabilities 2014: $8,200Net Assets 2014: $9,2282014Assets 2016: $7,009Liabilities 2016: $13,839Net Assets 2016: -$6,8302016Assets 2017: $7,925Liabilities 2017: $6,379Net Assets 2017: $1,5462017Assets 2018: $20,931Liabilities 2018: $7,740Net Assets 2018: $13,1912018Assets 2019: $17,312Liabilities 2019: $7,740Net Assets 2019: $9,5722019Assets 2020: $27,315Liabilities 2020: $7,740Net Assets 2020: $19,5752020Assets 2021: $22,449Liabilities 2021: $7,740Net Assets 2021: $14,7092021Assets 2022: $39,212Liabilities 2022: $7,740Net Assets 2022: $31,4722022Assets 2023: $29,857Liabilities 2023: $7,740Net Assets 2023: $22,1172023Assets 2024: $12,277Liabilities 2024: $7,740Net Assets 2024: $4,5372024Assets 2025: $39,991Liabilities 2025: $8,373Net Assets 2025: $31,6182025

Highlighted filing

2022

Assets$39,212
Liabilities$7,740
Net Assets$31,472

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $137,487Expenses 2012: $132,424Net Income 2012: $5,0632012Revenue 2014: $107,563Expenses 2014: $97,006Net Income 2014: $10,5572014Revenue 2016: $152,159Expenses 2016: $164,508Net Income 2016: -$12,3492016Revenue 2017: $191,406Expenses 2017: $179,034Net Income 2017: $12,3722017Revenue 2018: $179,461Expenses 2018: $164,011Net Income 2018: $15,4502018Revenue 2019: $171,707Expenses 2019: $175,411Net Income 2019: -$3,7042019Revenue 2020: $56,932Expenses 2020: $46,934Net Income 2020: $9,9982020Revenue 2021: $10,627Expenses 2021: $15,496Net Income 2021: -$4,8692021Revenue 2022: $57,153Expenses 2022: $40,425Net Income 2022: $16,7282022Revenue 2023: $61,663Expenses 2023: $71,018Net Income 2023: -$9,3552023Revenue 2024: $82,079Expenses 2024: $99,660Net Income 2024: -$17,5812024Revenue 2025: $99,763Expenses 2025: $72,433Net Income 2025: $27,3302025

Highlighted filing

2022

Revenue$57,153
Expenses$40,425
Net Income$16,728
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jun 9, 2023
Return Version
2021v4.0
Gross Receipts
$57,153
Mission and Program Overview

Mission

The Amore Opera Company entertains, educates and nurtures music appreciation in youth, seniors, and community members through live performances of classical and overlooked operas that are affordable to all audience segments. Amore supports the creative development of artists by providing a venue for singers and musicians, without regard to race, gender, sexual orientation, religion or age. Amore's overarching goals are: (1) to provide complete, well-known and overlooked 18th and 19th century operas in a unique, intimate setting; (2) to provide training and performance opportunities to amateur and aspiring opera singers; and (3) to introduce children to opera, both as performers and audience members.

The Amore Opera Company entertains, educates and nurtures music appreciation in youth, seniors and community members through live performances of classical and overlooked operas. Its performances are affordable to all audience segments. Amore also supports the creative development of artists by providing a venue for singers and musicians without regard to race, gender, sexual orientation, religion, or age. Amore's overarching goals are to (1) provide complete, well-known 18th and 19th-century operas in a unique, intimate setting; (2) provide training and performance opportunities to amateur and aspiring opera singers; (3) introduce children to opera and cultivate them to become active audience members or performers.

Program Services

DescriptionGrantsExpenses
FY22 Spring Covid come back concert titled "Spring Forth With Amore" featuring approximately 20 singers accompanied by 25 piece orchestra that served 123 general public paying a suggested donation of $0-$25 per admission.$0$2,041
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ying-Chi IManaging Director & TreasurerPT$0--
Alan SmulenSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Amore Opera Inc
EIN
27-0940187
Phone
3479484588
Address
PO Box 231368, New York, NY 10023

Signing Officer

Name
Ying-Chi I
Title
Treasurer
Phone
3479484588
Signed
2023-06-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^60900 Business Expenses Bank and Box Office Fees;784|65060 Music Library Management or Score Rental;42|65110 Publicity Advertising;303|65120 Insurance Liability D and O;212|65165 Laundry Drycleaning;34^Total;1375^

Form 990-EZ, Part I, Line 20

Description;Amount^69900 PayPal Cash Back;35^Total;35^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^12700 Loans to Officers Directors;-128|15000 Furniture and Equipment;470|18700 Security Deposits Asset;750^Total;1092^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^25400 Loans from Officers Directors;7740^Total;7740^

Form 990-EZ, Part V, Line 36

In FY22 We disposed (abandoned) more than 25% of our stage set collection in order to downsize our footprint and save warehouse rent. We cannot discern from any instructions whether this action will require us to file Schedule N. We cannot fill out Schedule-N either as the assets weren't transferred to another party, it is abandoned.

Raw XML Appendix173 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.

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IRS990EZ/PrimaryExemptPurposeTxt0The Amore Opera Company entertains, educates and nurtures music appreciation in youth, seniors and community members through live performances of classical and overlooked operas. Its performances are affordable to all audience segments. Amore also supports the creative development of artists by providing a venue for singers and musicians without regard to race, gender, sexual orientation, religion, or age. Amore's overarching goals are to (1) provide complete, well-known 18th and 19th-century operas in a unique, intimate setting; (2) provide training and performance opportunities to amateur and aspiring opera singers; (3) introduce children to opera and cultivate them to become active audience members or performers.
IRS990EZ/PrintingPublicationsPostageAmt0208
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^60900 Business Expenses Bank and Box Office Fees;784|65060 Music Library Management or Score Rental;42|65110 Publicity Advertising;303|65120 Insurance Liability D and O;212|65165 Laundry Drycleaning;34^Total;1375^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^69900 PayPal Cash Back;35^Total;35^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^12700 Loans to Officers Directors;-128|15000 Furniture and Equipment;470|18700 Security Deposits Asset;750^Total;1092^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^25400 Loans from Officers Directors;7740^Total;7740^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4In FY22 We disposed (abandoned) more than 25% of our stage set collection in order to downsize our footprint and save warehouse rent. We cannot discern from any instructions whether this action will require us to file Schedule N. We cannot fill out Schedule-N either as the assets weren't transferred to another party, it is abandoned.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part V, Line 36
ReasonableCauseExplanation/ExplanationTxt0A change of tax year with the filing of short period led to a confusion on when to file and what form to use. We were ill-advised to wait for form for TY 2022 before filing our return. Thus we didn't file an extension or a return.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ying-Chi I
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03479484588
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMORE OPERA INC
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ReturnHeader/Filer/EIN0270940187
ReturnHeader/Filer/PhoneNum03479484588
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ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010023
ReturnHeader/ReturnTs02023-06-10T00:12:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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