Civic Intelligence

Florentine Opera Co Inc.

990 • Fiscal year 2018 • EIN 39-1098132

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

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

81st percentile

0.51x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

79th percentile

0.55x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

25th percentile

-6.8%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$122,259

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

39th percentile

-1.5%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

0.5%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,235,712

Down $49,928 (-1.5%) from 2017

Net Assets

Down

$1,569,715

Down $191,801 (-11%) from 2017

Liabilities

Up

$1,665,997

Up $141,873 (+9.3%) from 2017

Revenue

Up

$3,047,860

Up $15,121 (+0.5%) from 2017

Expenses

Down

$3,254,646

Down $224,549 (-6.5%) from 2017

Net Income

Up

-$206,786

Up $239,670 (+54%) from 2017

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

2018

Assets$3,235,712
Liabilities$1,665,997
Net Assets$1,569,715

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

2018

Revenue$3,047,860
Expenses$3,254,646
Net Income-$206,786
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$3,961,301
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$2,632,420$2,678,098▲ $45,678
Cash and Non-Interest-Bearing Accounts$208,426$185,489▼ $22,937
Pledges and Grants Receivable$156,050$133,022▼ $23,028
Land, Buildings, and Equipment, Net$76,823$41,716▼ $35,107
Prepaid Expenses and Deferred Charges$23,588$9,054▼ $14,534
Total Assets$3,285,640$3,235,712▼ $49,928
Other Assets Total$188,333$188,333→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,280,273$1,487,545▲ $207,272
Deferred Revenue$213,321$160,857▼ $52,464
Accounts Payable and Accrued Expenses$28,530$15,595▼ $12,935
Escrow Account Liability$2,000$2,000→ $0
Total Liabilities$1,524,124$1,665,997▲ $141,873
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,704,506$1,714,059▲ $9,553
Temporarily Rstr Net Assets$328,710$243,544▼ $85,166
Unrestricted Net Assets$-271,700$-387,888▼ $116,188
Total Net Assets Fund Balance$1,761,516$1,569,715▼ $191,801
Total Liabilities and Net Assets / Fund Balance$3,285,640$3,235,712▼ $49,928

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,065$228,805$250,870
Leasehold Improvements$19,651$181,954$201,605
Other Assets Org$188,333--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,808,116$2,000▲ $116,188$135,765$1,790,539
2017$1,622,234$350▲ $185,532-$1,808,116
2016$1,690,622$2,450▼ $70,838-$1,622,234
2015$1,741,068$76,381▼ $37,751$89,076$1,690,622
2014$1,567,452-▲ $253,616$80,000$1,741,068
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William FlorescuGeneral DirectorFT$93,958$28,301$122,259
Eric LindGeneral DirectorFT$110,336$10,943$121,279
Ned StorerDirector of FinanceFT$79,516$27,483$106,999

Board Members and Trustees

NameTitle
Kathleen WilsonPresident
Wendy BurkeVice President Development
Mark BerryVice President-development
Catherine CostantiniVice President-education
Mary ShielyVice President-finance and Treasurer
Sarah DamsgaardVice President-governance
Raechell ThuotVice President-marketing a
Claire HackmannDirector
Dr David ParisDirector
Dr Gerardo CaballeroDirector
Dr Peter DrescherDirector
Dr Richard GrunkeDirector
Ilke PanzerDirector
Julie SteinhafelDirector
Mark CameliDirector
Nita SorefDirector
Richard PieperDirector
Robert SobczakDirector
William TaylorDirector
Wayne LuedersSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,311,222
Program Service Revenue
$535,532
Investment Income
$186,688
Other Revenue
$14,418
All Other Contributions
$2,113,767
Change in Net Assets
$-206,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,122,212
Revenue Not Reported on Financial Statements
$-74,352
Revenue Not Reported on Form 990
$23,154
Other Revenue Adjustments
$-74,352
Total Revenue per Audited Statements
$3,145,366
Total Revenue per Form 990
$3,047,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,020,444
Other Expenses$1,234,202
Total Fundraising Expense$200,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,293,663$7,561$48,479$1,349,703
Current Officers, Directors, Trustees, and Key Employees$119,881$222,426$97,776$440,083
Occupancy$159,714$19,586-$179,300
Office Expenses$89,093$48,608$7,675$145,376
Other Employee Benefits$105,674$10,398$8,891$124,963
Fees for Services Other$52,906$36,514$20,082$109,502
Payroll Taxes$74,969$12,423$10,223$97,615
Advertising$92,096-$190$92,286
Interest-$53,961-$53,961
Depreciation Depletion$30,683$13,263-$43,946
Conferences and Meetings$32,119$11,554-$43,673
Travel$35,721$2,140$809$38,670
Insurance$21,280$12,225-$33,505
All Other Expenses$16,448$1,863$4,917$23,228
Other Expenses$405,262$22,184$115$22,184
Fees for Service Investment Mgmnt Fees-$19,831-$19,831
Fees for Services Accounting-$15,028-$15,028
Royalties$8,335--$8,335
Pension Plan Contributions$6,289$184$1,607$8,080
Total Functional Expenses$2,544,133$509,749$200,764$3,254,646

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,337,167
Total Expenses per Form 990$3,254,646
Expenses per Audited Statements$3,234,815
Expenses Not Reported on Form 990$102,352
Expenses Not Reported on Financial Statements$19,831
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$88,770
Fundraising Direct Expenses$74,352
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$149,620$53,863$8,750$45,113
Pasta and Puccini$99,733$34,907$5,366$29,541
Total Events$249,353$88,770$74,352$14,418
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 11B

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 2016 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
Mary Shiely
Title
Vice President-finance & Treasurer
Phone
4142915700
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Shiely
Formed
1968
Legal Domicile
Wi
Voting Board Members
20
Independent Board Members
20
Employees
107
Volunteers
30

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PLACE SUITE 300, 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 -19,831.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Direct expenses reported on form 990, part viii, line 8b -74,352.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct expenses reported on form 990, part viii, line 8b 74,352.

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IRS990/Desc0THE FLORENTINE OPERA COMPANY ANNOUNCED THAT MAGGEY OPLINGER WILL BEGIN HER TENURE AS THE COMPANY'S SEVENTH GENERAL DIRECTOR ON MARCH 1, 2019. THE FLORENTINE OPERA COMPANY PRESENTED PERFORMANCES OF THE MERRY WIDOW, VENUS AND ADONIS DIDO AND AENEAS, VIVA OPERA! A CELEBRATION OF OPERA'S GREATEST HITS AND THE MAGIC FLUTE ALONG WITH OTHER OUTSTANDING PERFORMANCES DURING THE 2017-2018 SEASON.
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IRS990/Form990PartVIISectionAGrp/PersonNm0KATHLEEN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY SHIELY
IRS990/Form990PartVIISectionAGrp/PersonNm3WENDY BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm4SARAH DAMSGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm5RAECHELL THUOT
IRS990/Form990PartVIISectionAGrp/PersonNm6CATHERINE COSTANTINI
IRS990/Form990PartVIISectionAGrp/PersonNm7WAYNE LUEDERS
IRS990/Form990PartVIISectionAGrp/PersonNm8DR GERARDO CABALLERO
IRS990/Form990PartVIISectionAGrp/PersonNm9MARK CAMELI
IRS990/Form990PartVIISectionAGrp/PersonNm10DR PETER DRESCHER
IRS990/Form990PartVIISectionAGrp/PersonNm11DR RICHARD GRUNKE
IRS990/Form990PartVIISectionAGrp/PersonNm12CLAIRE HACKMANN
IRS990/Form990PartVIISectionAGrp/PersonNm13ILKE PANZER
IRS990/Form990PartVIISectionAGrp/PersonNm14DR DAVID PARIS
IRS990/Form990PartVIISectionAGrp/PersonNm15RICHARD PIEPER
IRS990/Form990PartVIISectionAGrp/PersonNm16ROBERT SOBCZAK
IRS990/Form990PartVIISectionAGrp/PersonNm17NITA SOREF
IRS990/Form990PartVIISectionAGrp/PersonNm18JULIE STEINHAFEL
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm20ERIC LIND
IRS990/Form990PartVIISectionAGrp/PersonNm21WILLIAM FLORESCU
IRS990/Form990PartVIISectionAGrp/PersonNm22NED STORER
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/ReportableCompFromOrgAmt20110336
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2193958
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2279516
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT-DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT-FINANCE AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT-GOVERNANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT-MARKETING A
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT-EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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/TitleTxt20GENERAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21GENERAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0160583
IRS990/FundraisingDirectExpensesAmt074352
IRS990/FundraisingGrossIncomeAmt088770
IRS990/GainOrLossGrp/SecuritiesAmt0132228
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt036872
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0971317
IRS990/GrossReceiptsAmt03961301
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012225
IRS990/InsuranceGrp/ProgramServicesAmt021280
IRS990/InsuranceGrp/TotalAmt033505
IRS990/InterestGrp/ManagementAndGeneralAmt053961
IRS990/InterestGrp/TotalAmt053961
IRS990/InvestmentIncomeGrp/ExclusionAmt054460
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054460
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02632420
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02678098
IRS990/IRPDocumentCnt059
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0410759
IRS990/LandBldgEquipBasisNetGrp/BOYAmt076823
IRS990/LandBldgEquipBasisNetGrp/EOYAmt041716
IRS990/LandBldgEquipCostOrOtherBssAmt0452475
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0839089
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/BOYAmt01280273
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01487545
IRS990/NetAssetsOrFundBalancesBOYAmt01761516
IRS990/NetAssetsOrFundBalancesEOYAmt01569715
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0132228
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0132228
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014418
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014418
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt012585
IRS990/NoncashContributionsAmt04400
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt019586
IRS990/OccupancyGrp/ProgramServicesAmt0159714
IRS990/OccupancyGrp/TotalAmt0179300
IRS990/OfficeExpensesGrp/FundraisingAmt07675
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt048608
IRS990/OfficeExpensesGrp/ProgramServicesAmt089093
IRS990/OfficeExpensesGrp/TotalAmt0145376
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0188333
IRS990/OtherAssetsTotalGrp/EOYAmt0188333
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08891
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010398
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0105674
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0124963
IRS990/OtherExpensesGrp/Desc0THEATER AND PRODUCTION
IRS990/OtherExpensesGrp/Desc1SALES TAXES
IRS990/OtherExpensesGrp/FundraisingAmt0115
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022184
IRS990/OtherExpensesGrp/ProgramServicesAmt0405262
IRS990/OtherExpensesGrp/TotalAmt0405377
IRS990/OtherExpensesGrp/TotalAmt122184
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt048479
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07561
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01293663
IRS990/OtherSalariesAndWagesGrp/TotalAmt01349703
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010223
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012423
IRS990/PayrollTaxesGrp/ProgramServicesAmt074969
IRS990/PayrollTaxesGrp/TotalAmt097615
IRS990/PensionPlanContributionsGrp/FundraisingAmt01607
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0184
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06289
IRS990/PensionPlanContributionsGrp/TotalAmt08080
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01704506
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01714059
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0156050
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0133022
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023588
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09054
IRS990/PrincipalOfficerNm0MARY SHIELY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2532490
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION AND OUTREACH
IRS990/ProgramServiceRevenueGrp/Desc2SET RENTALS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0414751
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt197783
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218448
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0414751
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt197783
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218448
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34550
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/ExpenseAmt0358978
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt097783
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02424777
IRS990/PYExcessBenefitTransInd00

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