Civic Intelligence

Florentine Opera Co Inc.

990 • Fiscal year 2016 • EIN 39-1098132

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 24, 2017

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

74th percentile

0.39x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.43x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

43rd percentile

0.2%

Higher net margin than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$194,945

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

31st percentile

-2.7%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

9.1%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,307,234

Down $90,920 (-2.7%) from 2015

Net Assets

Down

$2,028,215

Down $219,405 (-9.8%) from 2015

Liabilities

Up

$1,279,019

Up $128,485 (+11%) from 2015

Revenue

Up

$2,947,352

Up $245,242 (+9.1%) from 2015

Expenses

Down

$2,942,654

Down $322,532 (-9.9%) from 2015

Net Income

Up

$4,698

Up $567,774 (+101%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$3,307,234
Liabilities$1,279,019
Net Assets$2,028,215

Operations Trend

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

2016

Revenue$2,947,352
Expenses$2,942,654
Net Income$4,698
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 24, 2017
Return Version
2015v3.0
Gross Receipts
$3,080,097
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$2,751,627$2,496,333▼ $255,294
Pledges and Grants Receivable$282,925$429,472▲ $146,547
Land, Buildings, and Equipment, Net$186,793$121,757▼ $65,036
Cash and Non-Interest-Bearing Accounts$48,166$104,784▲ $56,618
Prepaid Expenses and Deferred Charges$63,305$88,007▲ $24,702
Accounts Receivable$12,000$13,548▲ $1,548
Savings and Temporary Cash Investments$5--
Total Assets$3,398,154$3,307,234▼ $90,920
Other Assets Total$53,333$53,333→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$998,000$1,088,790▲ $90,790
Deferred Revenue$120,755$164,678▲ $43,923
Accounts Payable and Accrued Expenses$30,626$25,551▼ $5,075
Escrow Account Liability$1,153--
Total Liabilities$1,150,534$1,279,019▲ $128,485
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,618,168$1,620,618▲ $2,450
Temporarily Rstr Net Assets$638,206$509,477▼ $128,729
Unrestricted Net Assets$-8,754$-101,880▼ $93,126
Total Net Assets Fund Balance$2,247,620$2,028,215▼ $219,405
Total Liabilities and Net Assets / Fund Balance$3,398,154$3,307,234▼ $90,920

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$43,341$191,678$235,019
Leasehold Improvements$78,416$123,189$201,605

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,897,449$2,450▼ $79,504-$1,820,395
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William FlorescuGeneral DirectorFT$157,045$37,900$194,945

Board Members and Trustees

NameTitle
Mark CameliPast President
Adam WienschPresident
Mark BerryVice President Development
Catherine CostantiniVice President Education
Kathleen WilsonVice President Governance
Ilke PanzerVice President Marketing and Audience Development
Billie Jean SmithVice President of Finance/treasurer
Catherine PrincipeDirector
Claire HackmannDirector
Clay NeslerDirector
Desko NikitovicDirector
Dr Peter DresherDirector
Dr Richard GrunkeDirector
Julie SteinhafelDirector
Nita SorefDirector
Raechell ThuotDirector
Richard PieperDirector
Sally BentlyDirector
Sara PariseDirector
Sarah DamsgaardDirector
Wendy SlocumDirector
William TaylorDirector
Wayne LuedersSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,307,989
Program Service Revenue
$510,975
Investment Income
$128,388
Other Revenue
$0
All Other Contributions
$2,162,804
Change in Net Assets
$4,698

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,013,928
Revenue Not Reported on Financial Statements
$-66,576
Revenue Not Reported on Form 990
$-199,182
Other Revenue Adjustments
$-66,576
Total Revenue per Audited Statements
$2,814,746
Total Revenue per Form 990
$2,947,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,676,052
Other Expenses$1,266,602
Total Fundraising Expense$223,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$958,510$173,853$145,688$1,278,051
Current Officers, Directors, Trustees, and Key Employees$106,750$98,540-$205,290
Office Expenses$105,839$50,365$27,088$183,292
Occupancy$147,590$17,796-$165,386
Advertising$163,908--$163,908
Other Employee Benefits$88,470$6,234$13,582$108,286
Payroll Taxes$54,883$13,189$7,679$75,751
Fees for Services Other$44,150$10,265$13,612$68,027
Conferences and Meetings$43,062$15,141$4,253$62,456
Depreciation Depletion$14,336$46,628-$60,964
All Other Expenses$16,233$23,739$5,240$45,212
Travel$33,561$2,282$2,769$38,612
Interest-$34,474-$34,474
Insurance$23,963$6,107-$30,070
Fees for Service Investment Mgmnt Fees-$19,579-$19,579
Royalties$11,128--$11,128
Fees for Services Accounting-$10,975-$10,975
Other Expenses$361,590$10,350$579$10,350
Pension Plan Contributions$5,717-$2,957$8,674
Total Functional Expenses$2,179,690$539,517$223,447$2,942,654

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,034,151
Total Expenses per Form 990$2,942,654
Expenses per Audited Statements$2,923,075
Expenses Not Reported on Form 990$111,076
Expenses Not Reported on Financial Statements$19,579
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$66,576
Fundraising Gross Income$66,576
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$143,555$51,168$5,992$45,176
Pasta & Puccini$51,680$15,408$923$14,485
Total Events$195,235$66,576$66,576$0
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
2017-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Billie Jean Smith
Formed
1968
Legal Domicile
Wi
Voting Board Members
23
Independent Board Members
23
Employees
121
Volunteers
30

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 2D - OTHER ADJUSTMENTS:

Investment management fees reported on form 990, part ix, line 11f -19,579.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Direct expenses reported on form 990, part viii, line 8b -66,576.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct expenses reported on form 990, part viii, line 8b 66,576.

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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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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 2015-2016 SEASON.
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IRS990/Form990PartVIISectionAGrp/PersonNm1MARK CAMELI
IRS990/Form990PartVIISectionAGrp/PersonNm2BILLIE JEAN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3WAYNE LUEDERS
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm5ILKE PANZER
IRS990/Form990PartVIISectionAGrp/PersonNm6CATHERINE COSTANTINI
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHLEEN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm8SALLY BENTLY
IRS990/Form990PartVIISectionAGrp/PersonNm9SARAH DAMSGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm10DR PETER DRESHER
IRS990/Form990PartVIISectionAGrp/PersonNm11DR RICHARD GRUNKE
IRS990/Form990PartVIISectionAGrp/PersonNm12CLAIRE HACKMANN
IRS990/Form990PartVIISectionAGrp/PersonNm13DESKO NIKITOVIC
IRS990/Form990PartVIISectionAGrp/PersonNm14CLAY NESLER
IRS990/Form990PartVIISectionAGrp/PersonNm15SARA PARISE
IRS990/Form990PartVIISectionAGrp/PersonNm16RICHARD PIEPER
IRS990/Form990PartVIISectionAGrp/PersonNm17CATHERINE PRINCIPE
IRS990/Form990PartVIISectionAGrp/PersonNm18WENDY SLOCUM
IRS990/Form990PartVIISectionAGrp/PersonNm19RAECHELL THUOT
IRS990/Form990PartVIISectionAGrp/PersonNm20WILLIAM TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm21JULIE STEINHAFEL
IRS990/Form990PartVIISectionAGrp/PersonNm22NITA SOREF
IRS990/Form990PartVIISectionAGrp/PersonNm23WILLIAM 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/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23157045
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/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT OF FINANCE/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT MARKETING AND AUDIENCE DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT GOVERNANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23GENERAL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0128659
IRS990/FundraisingDirectExpensesAmt066576
IRS990/FundraisingGrossIncomeAmt066576
IRS990/GainOrLossGrp/SecuritiesAmt073831
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt016526
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0140000
IRS990/GrossReceiptsAmt03080097
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06107
IRS990/InsuranceGrp/ProgramServicesAmt023963
IRS990/InsuranceGrp/TotalAmt030070
IRS990/InterestGrp/ManagementAndGeneralAmt034474
IRS990/InterestGrp/TotalAmt034474
IRS990/InvestmentIncomeGrp/ExclusionAmt054557
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054557
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02751627
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02496333
IRS990/IRPDocumentCnt045
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0314867
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0186793
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0121757
IRS990/LandBldgEquipCostOrOtherBssAmt0436624
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt066169
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/BOYAmt0998000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01088790
IRS990/NetAssetsOrFundBalancesBOYAmt02247620
IRS990/NetAssetsOrFundBalancesEOYAmt02028215
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt073831
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt073831
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-224103
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt017796
IRS990/OccupancyGrp/ProgramServicesAmt0147590
IRS990/OccupancyGrp/TotalAmt0165386
IRS990/OfficeExpensesGrp/FundraisingAmt027088
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt050365
IRS990/OfficeExpensesGrp/ProgramServicesAmt0105839
IRS990/OfficeExpensesGrp/TotalAmt0183292
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt053333
IRS990/OtherAssetsTotalGrp/EOYAmt053333
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt013582
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06234
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088470
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0108286
IRS990/OtherExpensesGrp/Desc0THEATER AND PRODUCTION
IRS990/OtherExpensesGrp/Desc1SALES TAXES
IRS990/OtherExpensesGrp/FundraisingAmt0579
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010350
IRS990/OtherExpensesGrp/ProgramServicesAmt0361590
IRS990/OtherExpensesGrp/TotalAmt0362169
IRS990/OtherExpensesGrp/TotalAmt110350
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0145688
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0173853
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0958510
IRS990/OtherSalariesAndWagesGrp/TotalAmt01278051
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07679
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013189
IRS990/PayrollTaxesGrp/ProgramServicesAmt054883
IRS990/PayrollTaxesGrp/TotalAmt075751
IRS990/PensionPlanContributionsGrp/FundraisingAmt02957
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05717
IRS990/PensionPlanContributionsGrp/TotalAmt08674
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01618168
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01620618
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0282925
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0429472
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt063305
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt088007
IRS990/PrincipalOfficerNm0BILLIE JEAN SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1532490
IRS990/ProgramServiceRevenueGrp/BusinessCd2711110
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1SET RENTALS
IRS990/ProgramServiceRevenueGrp/Desc2EDUCATION AND OUTREACH
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0370790
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt158738
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt257376
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt324071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0370790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt158738
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt257376
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt324071
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/ExpenseAmt0261463
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt057376
IRS990/ProhibitedTaxShelterTransInd00

Document Assets

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Filings

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