Civic Intelligence

Madison Opera Inc.

990 • Fiscal year 2022 • EIN 39-1789514

Sep 01, 2021 to Aug 31, 2022 • Filed on Jan 16, 2023

Organization ProfileMADISONOPERA.ORG
335 W Mifflin StMadison, WI 53703-2513

(608) 238-8085

Siviq Scores

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

Liabilities / Assets

64th percentile

0.16x

Higher debt load relative to assets than 64% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

69th percentile

0.23x

Higher debt load relative to revenue than 69% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

24th percentile

-6.6%

Higher net margin than 24% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

78th percentile

$124,330

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

21st percentile

-9.0%

Faster asset growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

0.2%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$2,864,319

Down $282,675 (-9.0%) from 2021

Net Assets

Down

$2,408,900

Down $151,535 (-5.9%) from 2021

Liabilities

Down

$455,419

Down $131,140 (-22%) from 2021

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin24th percentile

Revenue

Up

$1,938,281

Up $4,395 (+0.2%) from 2021

Expenses

Up

$2,066,741

Up $942,402 (+84%) from 2021

Net Income

Down

-$128,460

Down $938,007 (-116%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,933,661Liabilities 2010: $726,518Net Assets 2010: $1,207,1432010Assets 2011: $1,424,995Liabilities 2011: $401,524Net Assets 2011: $1,023,4712011Assets 2012: $1,737,190Liabilities 2012: $947,151Net Assets 2012: $790,0392012Assets 2013: $2,817,596Liabilities 2013: $1,468,455Net Assets 2013: $1,349,1412013Assets 2014: $2,685,503Liabilities 2014: $1,492,081Net Assets 2014: $1,193,4222014Assets 2015: $2,716,860Liabilities 2015: $1,265,311Net Assets 2015: $1,451,5492015Assets 2016: $2,938,568Liabilities 2016: $876,327Net Assets 2016: $2,062,2412016Assets 2017: $2,630,011Liabilities 2017: $833,687Net Assets 2017: $1,796,3242017Assets 2018: $2,543,987Liabilities 2018: $859,911Net Assets 2018: $1,684,0762018Assets 2019: $2,356,512Liabilities 2019: $769,121Net Assets 2019: $1,587,3912019Assets 2020: $2,247,603Liabilities 2020: $515,617Net Assets 2020: $1,731,9862020Assets 2021: $3,146,994Liabilities 2021: $586,559Net Assets 2021: $2,560,4352021Assets 2022: $2,864,319Liabilities 2022: $455,419Net Assets 2022: $2,408,9002022Assets 2023: $2,489,023Liabilities 2023: $288,909Net Assets 2023: $2,200,1142023Assets 2024: $2,402,964Liabilities 2024: $328,006Net Assets 2024: $2,074,9582024

Highlighted filing

2022

Assets$2,864,319
Liabilities$455,419
Net Assets$2,408,900
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,725,2192010Revenue 2011: $1,608,234Expenses 2011: $1,787,243Net Income 2011: -$179,0092011Revenue 2012: $1,469,644Expenses 2012: $1,703,076Net Income 2012: -$233,4322012Revenue 2013: $2,416,573Expenses 2013: $1,857,471Net Income 2013: $559,1022013Revenue 2014: $1,826,040Expenses 2014: $1,981,759Net Income 2014: -$155,7192014Revenue 2015: $2,229,592Expenses 2015: $1,971,465Net Income 2015: $258,1272015Revenue 2016: $2,766,607Expenses 2016: $2,170,986Net Income 2016: $595,6212016Revenue 2017: $1,720,490Expenses 2017: $2,015,057Net Income 2017: -$294,5672017Revenue 2018: $1,916,916Expenses 2018: $2,045,299Net Income 2018: -$128,3832018Revenue 2019: $2,235,363Expenses 2019: $2,338,841Net Income 2019: -$103,4782019Revenue 2020: $1,813,345Expenses 2020: $1,680,351Net Income 2020: $132,9942020Revenue 2021: $1,933,886Expenses 2021: $1,124,339Net Income 2021: $809,5472021Revenue 2022: $1,938,281Expenses 2022: $2,066,741Net Income 2022: -$128,4602022Revenue 2023: $2,147,945Expenses 2023: $2,378,355Net Income 2023: -$230,4102023Revenue 2024: $2,606,760Expenses 2024: $2,771,262Net Income 2024: -$164,5022024

Highlighted filing

2022

Revenue$1,938,281
Expenses$2,066,741
Net Income-$128,460
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jan 16, 2023
Return Version
2021v4.2
Gross Receipts
$2,162,099
Mission and Program Overview

Mission

The mission of madison opera is to produce operas of the highest artistic standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,835,371$1,775,810▼ $59,561
Savings and Temporary Cash Investments$0$500,000▲ $500,000
Pledges and Grants Receivable$216,850$196,126▼ $20,724
Investments in Publicly Traded Securities$184,068$156,704▼ $27,364
Cash and Non-Interest-Bearing Accounts$817,208$89,510▼ $727,698
Investments Other Securities$17,199$76,813▲ $59,614
Prepaid Expenses and Deferred Charges$55,929$48,473▼ $7,456
Accounts Receivable$15,329$15,843▲ $514
Total Assets$3,146,994$2,864,319▼ $282,675
Other Assets Total$5,040$5,040→ $0
Liabilities
Deferred Revenue$199,369$207,062▲ $7,693
Unsecured Notes Loans Payable$198,896$0▼ $198,896
Mortgage Notes Payable Secured by Investment Property$0$172,555▲ $172,555
Other Liabilities$93,500$0▼ $93,500
Accounts Payable and Accrued Expenses$94,794$75,802▼ $18,992
Total Liabilities$586,559$455,419▼ $131,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,358,944$1,751,850▲ $392,906
Net Assets With Donor Restrictions$1,201,491$657,050▼ $544,441
Total Net Assets Fund Balance$2,560,435$2,408,900▼ $151,535
Total Liabilities and Net Assets / Fund Balance$3,146,994$2,864,319▼ $282,675

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,674,708$648,662$2,323,370
Land$92,500-$92,500
Equipment$8,602$80,334$88,936
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathryn SmithGeneral DirectorFT$115,810$8,520$124,330

Board Members and Trustees

NameTitle
Thomas TerryChairman
John LemkePresident
Peyton EngelVice President
Susan ZaeskeVice President
Brandon HayesTrustee
Brian HaltinnerTrustee
Carla AlvaradoTrustee
Charles SnowdonTrustee
David FlandersTrustee
Deepika RajeshTrustee
Fran KlosTrustee
Franzo Law IiTrustee
Gary BennettTrustee
J Ashley TaylorTrustee
J Marshall OsbornTrustee
John BuscemiTrustee
Joyce HirschTrustee
Leanne CordiscoTrustee
Martha CaseyTrustee
Michael McardleTrustee
Patti LucasTrustee
Pete LundbergTrustee
R Roth JuddTrustee
Sally MileyTrustee
Stephen HurleyTrustee
Susan LippTrustee
Toby WallachTrustee
Connie MaxwellTrustee (thru April)
Aileen JensenLife Trustee
Viki BrighamSecretary
Connie KinsellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,468,821
Program Service Revenue
$371,312
Investment Income
$799
Other Revenue
$97,349
All Other Contributions
$525,082
Change in Net Assets
$-128,460

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,162,099
Revenue Not Reported on Financial Statements
$-223,818
Revenue Not Reported on Form 990
$27,835
Other Revenue Adjustments
$-223,818
Total Revenue per Audited Statements
$2,189,934
Total Revenue per Form 990
$1,938,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,566,497
Salaries, Compensation, and Employee Benefits$500,244
Total Fundraising Expense$163,883
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,233,444--$1,233,444
Other Salaries and Wages$176,154$69,317$65,395$310,866
Current Officers, Directors, Trustees, and Key Employees$81,707$32,152$30,333$144,192
Advertising$85,650$3,690$2,511$91,851
Occupancy$38,653$26,774$15,461$80,888
Depreciation Depletion$20,081$12,049$8,033$40,163
Payroll Taxes$17,459$6,871$6,482$30,812
Office Expenses$10,177$8,820$6,002$24,999
Insurance$6,391$5,539$3,769$15,699
Fees for Services Accounting-$14,074-$14,074
Other Expenses-$12,067$22,873$12,067
Royalties$9,490--$9,490
Pension Plan Contributions$4,286$1,686$1,591$7,563
Other Employee Benefits$3,859$1,519$1,433$6,811
Fees for Service Investment Mgmnt Fees-$175-$175
All Other Expenses$173--$173
Total Functional Expenses$1,687,524$215,334$163,883$2,066,741

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,341,469
Total Expenses per Form 990$2,066,741
Expenses per Audited Statements$2,066,566
Expenses Not Reported on Form 990$274,903
Expenses Not Reported on Financial Statements$175
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,708
Fundraising Direct Expenses$9,656
Gaming Gross Income$9,050
Gaming Direct Expenses$1,191
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Prelude Dinner$30,968$15,608$149$15,459
Total Events$30,968$15,608$9,656$5,952
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 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft of the prepared form 990 is made available to the board for review and is also reviewed and approved by the organization's general director and director of finance before the return is filed with the irs.”

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

“The organization's conflict of interest policy covers all of its trustees and officers, who are considered interested persons. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given an opportunity to disclose all material facts to the trustees considering the proposed transaction or arrangement. After disclosure of the financial interest, the interested person must leave the meeting of the governing body while the determination of a conflict of interest is discussed and voted upon. The remaining trustees will decide if a conflict of interest exists. The governing body will determine whether the organization can obtain a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. All trustees and officers must annually sign a statement that affirms that they have read and understand the conflict of interest policy and agree to comply with the policy.”

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

“The organization's governing body regularly conducts a performance review of the organization's general director. The governing body reviews compensation data for comparable positions at similar organizations in determining the general director's compensation. The general director's compensation is approved by the members of the governing body with an official vote that is documented in the minutes of the meetings of the governing body. This process was last undertaken in june 2021.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Madison Opera Inc
EIN
39-1789514
Phone
6082388085
Address
335 W MIFFLIN ST, MADISON, WI 53703-2513

Signing Officer

Name
Kathryn Smith
Title
General Director
Phone
6082388085
Signed
2023-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Smith
Formed
1994
Legal Domicile
Wi
Voting Board Members
30
Independent Board Members
30
Employees
11
Volunteers
100

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Scott Haumersen CPA
Phone
6082744020
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Opera production fees: program service expenses 1,233,444. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,233,444.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“INVESTMENT FEES -175.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expenses reported on form 990, part viii, line 6b -210,014. Direct expenses reported on form 990, part viii, line 8b -9,656. Cost of goods sold reported on form 990, part viii, line 10b -2,957. Direct expenses reported on form 990, part viii, line 9b -1,191.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses reported on form 990, part viii, line 6b 210,014. Direct expenses reported on form 990, part viii, line 8b 9,656. Cost of goods sold reported on form 990, part viii, line 10b 2,957. Direct expenses reported on form 990, part viii, line 9b 1,191.”

Raw XML AppendixShowing 400 of 730 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0DURING THE 2021-22 SEASON, MADISON OPERA PRODUCED TWO PERFORMANCES OF LUCIA DI LAMMERMOOR, TWO PERFORMANCES OF SHE LOVES ME, AND TWO PERFORMANCES OF ORPHEUS IN THE UNDERWORLD. THE SEASON ENDED WITH A FREE PERFORMANCE OF OPERA IN THE PARK.MADISON OPERA HELD VARIOUS EDUCATION AND ENGAGEMENT PROGRAMS DURING THE YEAR, INCLUDING COMMUNITY PREVIEWS, OPERA UP CLOSE PRESENTATIONS, DIGITAL PRESENTATIONS, AND A HIGH SCHOOL APPRENTICE PROGRAM.
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IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt318520
IRS990/Form990PartVIISectionAGrp/PersonNm0VIKI BRIGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm1PEYTON ENGEL
IRS990/Form990PartVIISectionAGrp/PersonNm2SUSAN ZAESKE
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN LEMKE
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS TERRY
IRS990/Form990PartVIISectionAGrp/PersonNm5CONNIE KINSELLA
IRS990/Form990PartVIISectionAGrp/PersonNm6CARLA ALVARADO
IRS990/Form990PartVIISectionAGrp/PersonNm7GARY BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN BUSCEMI
IRS990/Form990PartVIISectionAGrp/PersonNm9MARTHA CASEY
IRS990/Form990PartVIISectionAGrp/PersonNm10LEANNE CORDISCO
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID FLANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm12BRIAN HALTINNER
IRS990/Form990PartVIISectionAGrp/PersonNm13BRANDON HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm14JOYCE HIRSCH
IRS990/Form990PartVIISectionAGrp/PersonNm15STEPHEN HURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm16R ROTH JUDD
IRS990/Form990PartVIISectionAGrp/PersonNm17FRAN KLOS
IRS990/Form990PartVIISectionAGrp/PersonNm18FRANZO LAW II
IRS990/Form990PartVIISectionAGrp/PersonNm19SUSAN LIPP
IRS990/Form990PartVIISectionAGrp/PersonNm20PATTI LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm21PETE LUNDBERG
IRS990/Form990PartVIISectionAGrp/PersonNm22CONNIE MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm23MICHAEL MCARDLE
IRS990/Form990PartVIISectionAGrp/PersonNm24SALLY MILEY
IRS990/Form990PartVIISectionAGrp/PersonNm25J MARSHALL OSBORN
IRS990/Form990PartVIISectionAGrp/PersonNm26DEEPIKA RAJESH
IRS990/Form990PartVIISectionAGrp/PersonNm27CHARLES SNOWDON
IRS990/Form990PartVIISectionAGrp/PersonNm28J ASHLEY TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm29TOBY WALLACH
IRS990/Form990PartVIISectionAGrp/PersonNm30AILEEN JENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm31KATHRYN SMITH
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/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31115810
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/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE (THRU APRIL)
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30LIFE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt31GENERAL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt015360
IRS990/FundraisingDirectExpensesAmt09656
IRS990/FundraisingGrossIncomeAmt015708
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt01191
IRS990/GamingGrossIncomeAmt09050
IRS990/GoverningBodyVotingMembersCnt030
IRS990/GovernmentGrantsAmt0832598
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02162099
IRS990/GrossRentsGrp/PersonalAmt0230995
IRS990/GrossRentsGrp/RealAmt030097
IRS990/GrossSalesOfInventoryAmt011176
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt030
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt03769
IRS990/InsuranceGrp/ManagementAndGeneralAmt05539
IRS990/InsuranceGrp/ProgramServicesAmt06391
IRS990/InsuranceGrp/TotalAmt015699
IRS990/InvestmentIncomeGrp/ExclusionAmt0799
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0799
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt017199
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt076813
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0184068
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0156704
IRS990/IRPDocumentCnt091
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0728996
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01835371
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01775810
IRS990/LandBldgEquipCostOrOtherBssAmt02504806
IRS990/LegalDomicileStateCd0WI
IRS990/LessRentalExpensesGrp/PersonalAmt0210014
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt024141
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt024141
IRS990/MissionDesc0THE MISSION OF MADISON OPERA IS TO PRODUCE OPERAS OF THE HIGHEST ARTISTIC STANDARDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0172555
IRS990/NetAssetsOrFundBalancesBOYAmt02560435
IRS990/NetAssetsOrFundBalancesEOYAmt02408900
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt06052
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt06052
IRS990/NetIncomeFromGamingGrp/ExclusionAmt07859
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt07859

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,864,319
Liabilities
$455,419
Net assets
$2,408,900
Revenue
$1,938,281
Expenses
$2,066,741
Net income
-$128,460
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.33$2.07$2.61$2.77$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.49$0.29$2.20$2.15$2.38$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.86$0.46$2.41$1.94$2.07$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.59$2.56$1.93$1.12$0.81
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.52$1.73$1.81$1.68$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.36$0.77$1.59$2.24$2.34$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.54$0.86$1.68$1.92$2.05$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.63$0.83$1.80$1.72$2.02$0.29
2016Detailed filing. Detailed filing data is available for this year.$2.94$0.88$2.06$2.77$2.17$0.60
2015Detailed filing. Detailed filing data is available for this year.$2.72$1.27$1.45$2.23$1.97$0.26
2014Detailed filing. Detailed filing data is available for this year.$2.69$1.49$1.19$1.83$1.98$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$1.47$1.35$2.42$1.86$0.56
2012Summary only. Only limited summary data is available for this year.$1.74$0.95$0.79$1.47$1.70$0.23
2011Summary only. Only limited summary data is available for this year.$1.42$0.40$1.02$1.61$1.79$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.73$1.21$1.73