Civic Intelligence

Amore Opera Inc.

990EZ • Fiscal year 2023 • EIN 27-0940187

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 30, 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

82nd percentile

0.26x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.13x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Net Margin

20th percentile

-15%

Higher net margin than 20% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

20th percentile

-24%

Faster asset growth than 20% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

50th percentile

7.9%

Faster revenue growth than 50% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$29,857

Down $9,355 (-24%) from 2022

Net Assets

Down

$22,117

Down $9,355 (-30%) from 2022

Liabilities

Flat

$7,740

Flat from 2022

Revenue

Up

$61,663

Up $4,510 (+7.9%) from 2022

Expenses

Up

$71,018

Up $30,593 (+76%) from 2022

Net Income

Down

-$9,355

Down $26,083 (-156%) from 2022

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

2023

Assets$29,857
Liabilities$7,740
Net Assets$22,117

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

2023

Revenue$61,663
Expenses$71,018
Net Income-$9,355
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$64,639
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
Spring 2023 production of La Boheme, fully staged with sets, period costumes, and accompanied by orchestra. Tickets priced at $40 for adult, $35 for senior and minors. Some free tickets were given to senior centers as a way to give back to the community.$25,000$58,892
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ying-Chi IManaging Director & TreasurerPT$0--
Alan SmulenSecretaryPT$0--
Alicia AlexanderBoard Of DirectorsPT$0--
Cecilia SparacioBoard Of Directors-$0--
Janet JohnsonBoard Of DirectorsPT$0--
Andrea MaireBoard Of DirectorsPT$0--
Mitch GoldenBoard Of Directors-$0--
Iris KarlinBoard Of Directors-$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
2023-10-30
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Cash Back from Debit Card Use

Form 990-EZ, Part I, Line 16

Description;Amount^Travel and Transportation;730|Insurance;247|Industry organization membership dues;500|Press Release and Digital Marketing;457|Consumables and misc supplies;2159|Stage Equipment Props;1587|Stage Equipment Costumes;3217|Percussion Rental;750|Moving truck rental;1129|Music Library Management;835|Gifts to Partners Vendors;116|Bank and Box Office payment transaction fees;1018|Business and ISBN Registration Fees;460|IT and Software expenditure;851^Total;14056^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Accrued Revenue Undeposited cash ticket sale;1488|Loans to Officers and Directors;-128|Furniture and Equipment;470|Warehouse Security Deposit;750^Total;2580^

Form 990-EZ, Part II, Line 26

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

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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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Travel and Transportation;730|Insurance;247|Industry organization membership dues;500|Press Release and Digital Marketing;457|Consumables and misc supplies;2159|Stage Equipment Props;1587|Stage Equipment Costumes;3217|Percussion Rental;750|Moving truck rental;1129|Music Library Management;835|Gifts to Partners Vendors;116|Bank and Box Office payment transaction fees;1018|Business and ISBN Registration Fees;460|IT and Software expenditure;851^Total;14056^
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
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