Civic Intelligence

Florentine Opera Co Inc.

990 • Fiscal year 2015 • EIN 39-1098132

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 14, 2016

Organization ProfileWWW.FLORENTINEOPERA.ORG

View Organization Page

930 E Burleigh StMilwaukee, WI 53212-2212

(414) 291-5700

Siviq Scores

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

Liabilities / Assets

71st percentile

0.34x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

74th percentile

0.43x

Higher debt load relative to revenue than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

14th percentile

-21%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

86th percentile

$164,303

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

16th percentile

-7.7%

Faster asset growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

27th percentile

-5.9%

Faster revenue growth than 27% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$3,398,154

Down $284,244 (-7.7%) from 2014

Net Assets

Down

$2,247,620

Down $663,007 (-23%) from 2014

Liabilities

Up

$1,150,534

Up $378,763 (+49%) from 2014

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin14th percentile

Revenue

Down

$2,702,110

Down $169,991 (-5.9%) from 2014

Expenses

Up

$3,265,186

Up $281,284 (+9.4%) from 2014

Net Income

Down

-$563,076

Down $451,275 (-404%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$10M$5.0M$0Assets 2010: $3,742,196Liabilities 2010: $346,042Net Assets 2010: $3,396,1542010Assets 2011: $3,686,991Liabilities 2011: $802,436Net Assets 2011: $2,884,5552011Assets 2012: $3,254,049Liabilities 2012: $697,544Net Assets 2012: $2,556,5052012Assets 2013: $3,691,388Liabilities 2013: $821,938Net Assets 2013: $2,869,4502013Assets 2014: $3,682,398Liabilities 2014: $771,771Net Assets 2014: $2,910,6272014Assets 2015: $3,398,154Liabilities 2015: $1,150,534Net Assets 2015: $2,247,6202015Assets 2016: $3,307,234Liabilities 2016: $1,279,019Net Assets 2016: $2,028,2152016Assets 2017: $3,285,640Liabilities 2017: $1,524,124Net Assets 2017: $1,761,5162017Assets 2018: $3,235,712Liabilities 2018: $1,665,997Net Assets 2018: $1,569,7152018Assets 2019: $3,078,813Liabilities 2019: $599,998Net Assets 2019: $2,478,8152019Assets 2020: $3,633,215Liabilities 2020: $493,047Net Assets 2020: $3,140,1682020Assets 2021: $5,920,744Liabilities 2021: $579,966Net Assets 2021: $5,340,7782021Assets 2022: $7,598,617Liabilities 2022: $321,286Net Assets 2022: $7,277,3312022Assets 2023: $8,307,289Liabilities 2023: $765,756Net Assets 2023: $7,541,5332023Assets 2024: $8,231,772Liabilities 2024: $618,248Net Assets 2024: $7,613,5242024Assets 2025: $8,026,236Liabilities 2025: $442,358Net Assets 2025: $7,583,8782025

Highlighted filing

2015

Assets$3,398,154
Liabilities$1,150,534
Net Assets$2,247,620
Open 2015 Filing

Operations Trend

Revenue Growth27th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,206,1792010Revenue 2011: $2,577,591Expenses 2011: $3,204,240Net Income 2011: -$626,6492011Expenses 2012: $2,748,8022012Revenue 2013: $2,804,350Expenses 2013: $2,627,796Net Income 2013: $176,5542013Revenue 2014: $2,872,101Expenses 2014: $2,983,902Net Income 2014: -$111,8012014Revenue 2015: $2,702,110Expenses 2015: $3,265,186Net Income 2015: -$563,0762015Revenue 2016: $2,947,352Expenses 2016: $2,942,654Net Income 2016: $4,6982016Revenue 2017: $3,032,739Expenses 2017: $3,479,195Net Income 2017: -$446,4562017Revenue 2018: $3,047,860Expenses 2018: $3,254,646Net Income 2018: -$206,7862018Revenue 2019: $3,771,298Expenses 2019: $2,667,889Net Income 2019: $1,103,4092019Revenue 2020: $2,912,053Expenses 2020: $2,263,542Net Income 2020: $648,5112020Revenue 2021: $3,209,487Expenses 2021: $1,634,041Net Income 2021: $1,575,4462021Revenue 2022: $5,457,526Expenses 2022: $2,789,932Net Income 2022: $2,667,5942022Revenue 2023: $2,842,076Expenses 2023: $2,875,330Net Income 2023: -$33,2542023Revenue 2024: $2,846,186Expenses 2024: $3,415,280Net Income 2024: -$569,0942024Revenue 2025: $4,190,595Expenses 2025: $3,546,942Net Income 2025: $643,6532025

Highlighted filing

2015

Revenue$2,702,110
Expenses$3,265,186
Net Income-$563,076
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 14, 2016
Return Version
2014v6.0
Gross Receipts
$4,116,234
Mission and Program Overview

Mission

The florentine opera company's mission is to present productions reflecting the highest musical and theatrical standards designed to fulfill the company's vision to expand the experiences of patrons with memorable, outstanding, and exciting performances.

One of wisconsin's oldest and most enduring professional performing arts organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,935,168$2,751,627▼ $183,541
Pledges and Grants Receivable$357,800$282,925▼ $74,875
Land, Buildings, and Equipment, Net$223,318$186,793▼ $36,525
Prepaid Expenses and Deferred Charges$17,091$63,305▲ $46,214
Cash and Non-Interest-Bearing Accounts$58,811$48,166▼ $10,645
Accounts Receivable$10,205$12,000▲ $1,795
Savings and Temporary Cash Investments$5$5→ $0
Total Assets$3,682,398$3,398,154▼ $284,244
Other Assets Total$80,000$53,333▼ $26,667
Liabilities
Mortgage Notes Payable Secured by Investment Property$598,000$998,000▲ $400,000
Deferred Revenue$129,074$120,755▼ $8,319
Accounts Payable and Accrued Expenses$43,544$30,626▼ $12,918
Escrow Account Liability$1,153$1,153→ $0
Total Liabilities$771,771$1,150,534▲ $378,763
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,618,168$1,618,168→ $0
Temporarily Rstr Net Assets$662,315$638,206▼ $24,109
Unrestricted Net Assets$630,144$-8,754▼ $638,898
Total Net Assets Fund Balance$2,910,627$2,247,620▼ $663,007
Total Liabilities and Net Assets / Fund Balance$3,682,398$3,398,154▼ $284,244

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$77,987$304,138$382,125
Leasehold Improvements$108,806$92,813$201,619

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,821,068-▲ $76,381-$1,897,449
2014$1,567,452-▲ $253,616-$1,821,068
2013$1,423,042$100▲ $144,310-$1,567,452
2012$1,435,432$200▼ $12,590-$1,423,042
2011$1,075,088$75,900▲ $284,444-$1,435,432
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William FlorescuGeneral DirectorFT$143,995$20,308$164,303

Board Members and Trustees

NameTitle
Clay NeslerPast President
Mark CameliPresident
Adam WienschVice President and President-elect
Mark BerryVice President Development
Catherine CostantiniVice President Education
Kathleen WilsonVice President Governance
J Douglas GrayVice President Investments
Ilke PanzerVice President Marketing
Billie Jean SmithVice President of Finance and Tresurer
Catherine PrincipeDirector
Claire HackmannDirector
Desko NikitovicDirector
Nita SorefDirector
Peter DrescherDirector
Richard PieperDirector
Sally BentlyDirector
Sara PariseDirector
Sarah DamsgaardDirector
Wayne LuedersSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,156,900
Program Service Revenue
$364,879
Investment Income
$226,390
Other Revenue
$-46,059
All Other Contributions
$1,984,231
Change in Net Assets
$-563,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,737,682
Revenue Not Reported on Financial Statements
$-35,572
Revenue Not Reported on Form 990
$-46,112
Other Revenue Adjustments
$-56,542
Total Revenue per Audited Statements
$2,691,570
Total Revenue per Form 990
$2,702,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,807,674
Other Expenses$1,457,512
Total Fundraising Expense$258,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,115,690$177,220$129,859$1,422,769
Advertising$210,438$3,135$3,957$217,530
Office Expenses$148,663$45,143$21,566$215,372
Occupancy$160,813$18,708-$179,521
Current Officers, Directors, Trustees, and Key Employees$87,381$80,660-$168,041
Other Employee Benefits$76,525$27,616$25,597$129,738
Payroll Taxes$50,943$18,793$9,126$78,862
Depreciation Depletion$20,823$46,770-$67,593
Fees for Services Other$23,154$26,896$9,920$59,970
Conferences and Meetings$3,123$4,231$51,619$58,973
Insurance$30,084$13,485-$43,569
All Other Expenses$29,401$9,677$3,048$42,126
Travel$33,928$504-$34,432
Royalties$25,285--$25,285
Interest-$17,128-$17,128
Other Expenses$462,899$16,185$450$16,185
Fees for Services Accounting-$13,379-$13,379
Pension Plan Contributions$4,565$392$3,307$8,264
Total Functional Expenses$2,483,715$523,022$258,449$3,265,186

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,354,577
Expenses per Audited Statements$3,265,186
Total Expenses per Form 990$3,265,186
Expenses Not Reported on Form 990$89,391
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$56,542
Fundraising Gross Income$10,483
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$136,304$10,483$31,500$-21,017
Total Events$136,304$10,483$56,542$-46,059
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The prepared form 990 is reviewed and approved by the members of the governing body before the return is filed with the irs.”

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

“Whenever a director or officer has a financial or personal interest in any matter coming before the governing body, the governing body shall ensure that the interest of such officer or director is fully disclosed to the governing body, no interested officer or director may vote or lobby on the matter or be counted in determining the existence of a quorum at the meeting of the governing body at which such matter is voted upon, any transaction in which a director or officer has a financial or personal interest shall be duly approved by members of the governing body not so interested or connected as being in the best interests of the organization, payments to the interested officer or director shall be reasonable and shall not exceed fair market value, and the minutes of the meetings at which such votes are taken shall record such disclosure, abstention, and rationale for approval.”

Form 990, Part VI, Section B, Line 15A

“The general director's compensation is established and monitored by the executive committee of the governing body. The compensation is based on a written job description and is subject to comparison to other similar job descriptions using third-party published data. The process was last undertaken in fiscal year 2014 when the general director's three-year contract was renewed.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Florentine Opera Company Inc
EIN
39-1098132
Phone
4142915700
Address
930 E BURLEIGH ST, MILWAUKEE, WI 53212-2212

Signing Officer

Name
Billie Jean Smith
Title
Vice President of Finance
Phone
4142915700
Signed
2016-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Billie Jean Smith
Formed
1968
Legal Domicile
Wi
Voting Board Members
19
Independent Board Members
19
Employees
129
Volunteers
24

Preparer

Firm
Wegner Cpas Llp
Address
2110 LUANN LN, MADISON, WI 53713-3074
Preparer
Jenny Tarkowski CPA
Phone
6082744020
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The organization is collecting funds for members of the governing body to attend a performance related to program development.”

PART V, LINE 4:

“The income from the endowment funds can be used to support the organization's general activities.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Direct expenses reported on form 990, part viii, line 8b -56,542.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct expenses reported on form 990, part viii, line 8b 56,542.”

Raw XML AppendixShowing 400 of 637 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt043544
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030626
IRS990/AccountsReceivableGrp/BOYAmt010205
IRS990/AccountsReceivableGrp/EOYAmt012000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ONE OF WISCONSIN'S OLDEST AND MOST ENDURING PROFESSIONAL PERFORMING ARTS ORGANIZATIONS.
IRS990/AdvertisingGrp/FundraisingAmt03957
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03135
IRS990/AdvertisingGrp/ProgramServicesAmt0210438
IRS990/AdvertisingGrp/TotalAmt0217530
IRS990/AllOtherContributionsAmt01984231
IRS990/AllOtherExpensesGrp/FundraisingAmt03048
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09677
IRS990/AllOtherExpensesGrp/ProgramServicesAmt029401
IRS990/AllOtherExpensesGrp/TotalAmt042126
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0JOEL FORBES
IRS990/BooksInCareOfDetail/PhoneNum04142915700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0930 E BURLEIGH ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0532122212
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt058811
IRS990/CashNonInterestBearingGrp/EOYAmt048166
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt080660
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt087381
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0168041
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt051619
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04231
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03123
IRS990/ConferencesMeetingsGrp/TotalAmt058973
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0125821
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02156900
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0226390
IRS990/CYOtherExpensesAmt01457512
IRS990/CYOtherRevenueAmt0-46059
IRS990/CYProgramServiceRevenueAmt0364879
IRS990/CYRevenuesLessExpensesAmt0-563076
IRS990/CYSalariesCompEmpBnftPaidAmt01807674
IRS990/CYTotalExpensesAmt03265186
IRS990/CYTotalFundraisingExpenseAmt0258449
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02702110
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0129074
IRS990/DeferredRevenueGrp/EOYAmt0120755
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt046770
IRS990/DepreciationDepletionGrp/ProgramServicesAmt020823
IRS990/DepreciationDepletionGrp/TotalAmt067593
IRS990/Desc0THE FLORENTINE OPERA COMPANY PRESENTED PERFORMANCES OF WUTHERING HEIGHTS, THE FLYING DUTCHMAN, ELMER GANTRY, AND THE ELIXIR OF LOVE ALONG WITH OTHER OUTSTANDING PERFORMANCES DURING THE 2014-2015 SEASON.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0129
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt01153
IRS990/EscrowAccountLiabilityGrp/EOYAmt01153
IRS990/ExpenseAmt02213799
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013379
IRS990/FeesForServicesAccountingGrp/TotalAmt013379
IRS990/FeesForServicesOtherGrp/FundraisingAmt09920
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt026896
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023154
IRS990/FeesForServicesOtherGrp/TotalAmt059970
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt182.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1920308
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK CAMELI
IRS990/Form990PartVIISectionAGrp/PersonNm1CLAY NESLER
IRS990/Form990PartVIISectionAGrp/PersonNm2BILLIE JEAN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3WAYNE LUEDERS
IRS990/Form990PartVIISectionAGrp/PersonNm4ADAM WIENSCH
IRS990/Form990PartVIISectionAGrp/PersonNm5J DOUGLAS GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm6ILKE PANZER
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHLEEN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm9CATHERINE COSTANTINI
IRS990/Form990PartVIISectionAGrp/PersonNm10SALLY BENTLY
IRS990/Form990PartVIISectionAGrp/PersonNm11SARAH DAMSGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm12PETER DRESCHER
IRS990/Form990PartVIISectionAGrp/PersonNm13CLAIRE HACKMANN
IRS990/Form990PartVIISectionAGrp/PersonNm14DESKO NIKITOVIC
IRS990/Form990PartVIISectionAGrp/PersonNm15NITA SOREF
IRS990/Form990PartVIISectionAGrp/PersonNm16CATHERINE PRINCIPE
IRS990/Form990PartVIISectionAGrp/PersonNm17SARA PARISE
IRS990/Form990PartVIISectionAGrp/PersonNm18RICHARD PIEPER
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM FLORESCU
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19143995
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT OF FINANCE AND TRESURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT AND PRESIDENT-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT INVESTMENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT GOVERNANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19GENERAL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0125821
IRS990/FundraisingDirectExpensesAmt056542
IRS990/FundraisingGrossIncomeAmt010483
IRS990/GainOrLossGrp/SecuritiesAmt0171897
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt046848
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01529479
IRS990/GrossReceiptsAmt04116234
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt013485
IRS990/InsuranceGrp/ProgramServicesAmt030084
IRS990/InsuranceGrp/TotalAmt043569
IRS990/InterestGrp/ManagementAndGeneralAmt017128
IRS990/InterestGrp/TotalAmt017128
IRS990/InvestmentExpenseAmt0-20970
IRS990/InvestmentIncomeGrp/ExclusionAmt054493
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054493
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02935168
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02751627
IRS990/IRPDocumentCnt054
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0396951
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0223318
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0186793
IRS990/LandBldgEquipCostOrOtherBssAmt0583744
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01357582
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FLORENTINE OPERA COMPANY'S MISSION IS TO PRESENT PRODUCTIONS REFLECTING THE HIGHEST MUSICAL AND THEATRICAL STANDARDS DESIGNED TO FULFILL THE COMPANY'S VISION TO EXPAND THE EXPERIENCES OF PATRONS WITH MEMORABLE, OUTSTANDING, AND EXCITING PERFORMANCES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0598000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0998000
IRS990/NetAssetsOrFundBalancesBOYAmt02910627
IRS990/NetAssetsOrFundBalancesEOYAmt02247620
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0171897
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0171897
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-46059
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-46059
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-78961
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt018708
IRS990/OccupancyGrp/ProgramServicesAmt0160813
IRS990/OccupancyGrp/TotalAmt0179521
IRS990/OfficeExpensesGrp/FundraisingAmt021566
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045143
IRS990/OfficeExpensesGrp/ProgramServicesAmt0148663
IRS990/OfficeExpensesGrp/TotalAmt0215372
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt080000
IRS990/OtherAssetsTotalGrp/EOYAmt053333
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt025597
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027616
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt076525
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0129738
IRS990/OtherExpensesGrp/Desc0THEATER AND PRODUCTION
IRS990/OtherExpensesGrp/Desc1SALES TAXES
IRS990/OtherExpensesGrp/FundraisingAmt0450
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt116185
IRS990/OtherExpensesGrp/ProgramServicesAmt0462899
IRS990/OtherExpensesGrp/TotalAmt0466449
IRS990/OtherExpensesGrp/TotalAmt116185
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0129859
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0177220
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01115690
IRS990/OtherSalariesAndWagesGrp/TotalAmt01422769
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09126
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018793
IRS990/PayrollTaxesGrp/ProgramServicesAmt050943
IRS990/PayrollTaxesGrp/TotalAmt078862
IRS990/PensionPlanContributionsGrp/FundraisingAmt03307
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0392
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04565
IRS990/PensionPlanContributionsGrp/TotalAmt08264
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01618168
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01618168
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0357800
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0282925
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017091
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063305
IRS990/PrincipalOfficerNm0BILLIE JEAN SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3532490
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION AND OUTREACH PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3SET RENTALS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0294740
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt151807
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29706
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38626
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0294740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt151807
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29706
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38626
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FLORENTINE OPERA COMPANY'S PROGRAMS REACH A BROAD SPECTRUM OF INDIVIDUALS THROUGHOUT METRO MILWAUKEE, SOUTHEASTERN WISCONSIN, AND BEYOND. LAST YEAR, NEARLY 14,000 STUDENTS AND INDIVIDUALS BENEFITED FROM THESE PROGRAMS. THE COMPANY PROVIDES A VITAL ADDITION TO LOCAL ARTS EDUCATION--BOTH IN THE CLASSROOM AND ON THE STAGE. THE FLORENTINE OPERA COMPANY'S EDUCATION DEPARTMENT IS COMMITTED TO PROVIDING EDUCATORS WITH OPPORTUNITIES TO UTILIZE OPERA TO MEET EDUCATIONAL STANDARDS, AS WELL AS TO ENHANCE LEARNING FOR ALL STUDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0269916
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt051807
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01927661
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0266916
IRS990/PYOtherExpensesAmt01337848
IRS990/PYOtherRevenueAmt0-9242
IRS990/PYProgramServiceRevenueAmt0686766
IRS990/PYRevenuesLessExpensesAmt0-111801
IRS990/PYSalariesCompEmpBnftPaidAmt01646054
IRS990/PYTotalExpensesAmt02983902
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02872101
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-563076
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,398,154
Liabilities
$1,150,534
Net assets
$2,247,620
Revenue
$2,702,110
Expenses
$3,265,186
Net income
-$563,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.03$0.44$7.58$4.19$3.55$0.64
2024Detailed filing. Detailed filing data is available for this year.$8.23$0.62$7.61$2.85$3.42$0.57
2023Detailed filing. Detailed filing data is available for this year.$8.31$0.77$7.54$2.84$2.88$0.03
2022Detailed filing. Detailed filing data is available for this year.$7.60$0.32$7.28$5.46$2.79$2.67
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$0.58$5.34$3.21$1.63$1.58
2020Detailed filing. Detailed filing data is available for this year.$3.63$0.49$3.14$2.91$2.26$0.65
2019Detailed filing. Detailed filing data is available for this year.$3.08$0.60$2.48$3.77$2.67$1.10
2018Detailed filing. Detailed filing data is available for this year.$3.24$1.67$1.57$3.05$3.25$0.21
2017Detailed filing. Detailed filing data is available for this year.$3.29$1.52$1.76$3.03$3.48$0.45
2016Detailed filing. Detailed filing data is available for this year.$3.31$1.28$2.03$2.95$2.94$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.40$1.15$2.25$2.70$3.27$0.56
2014Detailed filing. Detailed filing data is available for this year.$3.68$0.77$2.91$2.87$2.98$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.82$2.87$2.80$2.63$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.70$2.56$2.75
2011Summary only. Only limited summary data is available for this year.$3.69$0.80$2.88$2.58$3.20$0.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.74$0.35$3.40$3.21