Civic Intelligence

Maryland Lyric Opera

990 • Fiscal year 2018 • EIN 46-3835176

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

PO Box 30957 No 2907Bethesda, MD 20824

(240) 427-5568

Siviq Scores

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

Liabilities / Assets

95th percentile

1.25x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

36th percentile

0.04x

Higher debt load relative to revenue than 36% of similar nonprofits.

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

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

82nd percentile

20%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

98th percentile

436%

Faster revenue growth than 98% of similar nonprofits.

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

Assets

Up

$39,357

Up $6,677 (+20%) from 2017

Net Assets

Down

-$9,909

Down $30,777 (-147%) from 2017

Liabilities

Up

$49,266

Up $37,454 (+317%) from 2017

Revenue

Up

$1,104,303

Up $898,114 (+436%) from 2017

Expenses

Up

$1,110,071

Up $904,860 (+441%) from 2017

Net Income

Down

-$5,768

Down $6,746 (-690%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2014: $40,953Liabilities 2014: $0Net Assets 2014: $40,9532014Assets 2015: $11,368Liabilities 2015: $2,097Net Assets 2015: $9,2712015Assets 2016: $29,332Liabilities 2016: $9,442Net Assets 2016: $19,8902016Assets 2017: $32,680Liabilities 2017: $11,812Net Assets 2017: $20,8682017Assets 2018: $39,357Liabilities 2018: $49,266Net Assets 2018: -$9,9092018Assets 2019: $49,001Liabilities 2019: $62,117Net Assets 2019: -$13,1162019Assets 2020: $156,653Liabilities 2020: $191,742Net Assets 2020: -$35,0892020Assets 2021: $186,685Liabilities 2021: $748,719Net Assets 2021: -$562,0342021Assets 2022: $124,223Liabilities 2022: $2,012,438Net Assets 2022: -$1,888,2152022Assets 2023: $17,599Liabilities 2023: $1,384Net Assets 2023: $16,2152023Assets 2024: $50Liabilities 2024: $0Net Assets 2024: $502024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2018

Assets$39,357
Liabilities$49,266
Net Assets-$9,909

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $458,376Expenses 2014: $427,214Net Income 2014: $31,1622014Revenue 2015: $463,653Expenses 2015: $485,335Net Income 2015: -$21,6822015Revenue 2016: $328,087Expenses 2016: $318,264Net Income 2016: $9,8232016Revenue 2017: $206,189Expenses 2017: $205,211Net Income 2017: $9782017Revenue 2018: $1,104,303Expenses 2018: $1,110,071Net Income 2018: -$5,7682018Revenue 2019: $3,130,404Expenses 2019: $3,133,611Net Income 2019: -$3,2072019Revenue 2020: $1,557,509Expenses 2020: $1,579,482Net Income 2020: -$21,9732020Revenue 2021: $172,750Expenses 2021: $699,695Net Income 2021: -$526,9452021Revenue 2022: $3,223,762Expenses 2022: $5,177,702Net Income 2022: -$1,953,9402022Revenue 2023: $4,371,349Expenses 2023: $2,466,919Net Income 2023: $1,904,4302023Revenue 2024: $56,880Expenses 2024: $73,045Net Income 2024: -$16,1652024Revenue 2025: $36,949Expenses 2025: $36,999Net Income 2025: -$502025

Highlighted filing

2018

Revenue$1,104,303
Expenses$1,110,071
Net Income-$5,768
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,104,303
Mission and Program Overview

Mission

The mission of maryland lyric opera is to revive the vocal artistry of the past, from the age when the individuality and the liberty of expression of the singer were of primary importance. Through presenting operatic productions of the highest caliber, utilizing both established professional singers and emerging talent, mdlo seeks to:-educate artists, emerging singers and audiences alike-foster new audiences for opera, both through the artistry presented and through a commitment to affordable ticket pricing -develop and promote the careers of emerging artists -revitalize the importance of vocal artistry (interpretation, emotion, immediacy of expression) over a merely accurate realization of the notes on the printed page -reverse the trend where the conductor's, stage director's or designer's conception dictates the realization of the work, to reorder the priorities in operatic production to one where all facets of production support the singers first and foremost

Present operatic productions utilizing both established professional singers and emerging talent.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,008$37,723▲ $6,715
Prepaid Expenses and Deferred Charges$796$758▼ $38
Total Assets$32,680$39,357▲ $6,677
Other Assets Total$876$876→ $0
Liabilities
Accounts Payable and Accrued Expenses$11,812$49,266▲ $37,454
Total Liabilities$11,812$49,266▲ $37,454
Net Assets / Fund Balance
Unrestricted Net Assets$20,868$-9,909▼ $30,777
Total Net Assets Fund Balance$20,868$-9,909▼ $30,777
Total Liabilities and Net Assets / Fund Balance$32,680$39,357▲ $6,677
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alfred J Clark JrPresident
Phil SmithDirector
Amy AyreTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Musicians Talent Agency INCOrchestra Musicians4400 MACARTHUR BLVD NW 306, Washington, DC 20007$243,364
Revenue and Support

Revenue Composition

Contributions and Grants
$1,072,051
Program Service Revenue
$32,252
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,072,051
Change in Net Assets
$-5,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$891,153
Salaries, Compensation, and Employee Benefits$218,918
Total Fundraising Expense$15,592
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$410,744-$15,592$426,336
Other Salaries and Wages$178,465$15,858-$194,323
Occupancy$98,182--$98,182
Advertising$56,012--$56,012
Fees for Services Legal-$24,800-$24,800
Payroll Taxes-$14,023-$14,023
Other Employee Benefits-$10,572-$10,572
Travel-$7,640-$7,640
Office Expenses-$5,853-$5,853
Information Technology-$4,967-$4,967
Fees for Services Accounting-$4,884-$4,884
Insurance-$3,953-$3,953
Interest-$2,803-$2,803
Other Expenses$268,940$-13,217-$-13,217
Total Functional Expenses$1,012,343$82,136$15,592$1,110,071
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
Backup withholding compliance
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
No
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 form 990 was prepared by the outside accountants and reviewed by the mdlo director of finance. All members of the governing board received a copy of the return prior to filing.

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

Any director, principal officer, or member of a committee with governing board delegated powers who has a direct or indirect financial interest in a matter is an interested person. In connection with any actual or possible conflict of interest, an interested person discloses the existence of the financial interest and is given the opportunity to disclose all material facts to the board or executive committee with board delegated powers considering the proposed transaction or arrangement. The executive committee regularly and consistently monitors and enforces compliance with the policy by reviewing annual statement disclosure forms and taking such other actions as are necessary for effective oversight.

Form 990, Part VI, Section C, Line 19

Maryland lyric opera does not make its governing documents, conflict of interest policy, or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Maryland Lyric Opera
EIN
46-3835176
Phone
2404275568
Address
PO BOX 30957 NO 2907, BETHESDA, MD 20824

Signing Officer

Name
Alfred J Clark Jr
Title
President
Phone
2404275568
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alfred J Clark Jr
Formed
2013
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
4
Employees
4
Volunteers
0

Preparer

Firm
Tate & Tryon
Address
2021 L ST NW, WASHINGTON, DC 20036
Preparer
Frederick Longwood
Phone
2022932200
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1:

The mission of maryland lyric opera is to revive the vocal artistry of the past, from the age when the individuality and the liberty of expression of the singer were of primary importance. Through operatic productions utilizing both established professional singers and emerging talent, mdlo seeks to: - prioritize support for the singers' vocal artistry first and foremost over all other production values (including stage direction, musical direction, acting and all technical values such as scenic design, costumes, lighting, etc.). By reprioritizing thus, mdlo strives to reverse the current trend where the conception of the conductor, stage director or designer dictates the realization of the work. - foster new audiences for opera, both through the artistry presented and through a commitment to affordable ticket pricing. - educate established artists, emerging singers, and audiences alike. - develop and promote the careers of singers in the mdlo emerging artist program. - create educational and performance opportunities for middle and high school students.

Form 990, Part IX, Line 11G

Chorus: program service expenses 44,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,900. Orchestra: program service expenses 244,864. Management and general expenses 0. Fundraising expenses 0. Total expenses 244,864. Principals: program service expenses 120,980. Management and general expenses 0. Fundraising expenses 0. Total expenses 120,980. Other professional fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 15,592. Total expenses 15,592.

Raw XML Appendix370 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/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF MARYLAND LYRIC OPERA IS TO REVIVE THE VOCAL ARTISTRY OF THE PAST, FROM THE AGE WHEN THE INDIVIDUALITY AND THE LIBERTY OF EXPRESSION OF THE SINGER WERE OF PRIMARY IMPORTANCE. THROUGH OPERATIC PRODUCTIONS UTILIZING BOTH ESTABLISHED PROFESSIONAL SINGERS AND EMERGING TALENT, MDLO SEEKS TO: - PRIORITIZE SUPPORT FOR THE SINGERS' VOCAL ARTISTRY FIRST AND FOREMOST OVER ALL OTHER PRODUCTION VALUES (INCLUDING STAGE DIRECTION, MUSICAL DIRECTION, ACTING AND ALL TECHNICAL VALUES SUCH AS SCENIC DESIGN, COSTUMES, LIGHTING, ETC.). BY REPRIORITIZING THUS, MDLO STRIVES TO REVERSE THE CURRENT TREND WHERE THE CONCEPTION OF THE CONDUCTOR, STAGE DIRECTOR OR DESIGNER DICTATES THE REALIZATION OF THE WORK. - FOSTER NEW AUDIENCES FOR OPERA, BOTH THROUGH THE ARTISTRY PRESENTED AND THROUGH A COMMITMENT TO AFFORDABLE TICKET PRICING. - EDUCATE ESTABLISHED ARTISTS, EMERGING SINGERS, AND AUDIENCES ALIKE. - DEVELOP AND PROMOTE THE CAREERS OF SINGERS IN THE MDLO EMERGING ARTIST PROGRAM. - CREATE EDUCATIONAL AND PERFORMANCE OPPORTUNITIES FOR MIDDLE AND HIGH SCHOOL STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE MDLO DIRECTOR OF FINANCE. ALL MEMBERS OF THE GOVERNING BOARD RECEIVED A COPY OF THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN A MATTER IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR EXECUTIVE COMMITTEE WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE EXECUTIVE COMMITTEE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY REVIEWING ANNUAL STATEMENT DISCLOSURE FORMS AND TAKING SUCH OTHER ACTIONS AS ARE NECESSARY FOR EFFECTIVE OVERSIGHT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MARYLAND LYRIC OPERA DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHORUS: PROGRAM SERVICE EXPENSES 44,900. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,900. ORCHESTRA: PROGRAM SERVICE EXPENSES 244,864. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 244,864. PRINCIPALS: PROGRAM SERVICE EXPENSES 120,980. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 120,980. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 15,592. TOTAL EXPENSES 15,592.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALFRED J CLARK JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02404275568
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARYLAND LYRIC OPERA
ReturnHeader/Filer/BusinessNameControlTxt0MARY
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ReturnHeader/FilingSecurityInformation/IPDt02019-11-13
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ReturnHeader/FilingSecurityInformation/IPTm015:36:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521855942
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TATE & TRYON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02021 L ST NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02022932200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FREDERICK LONGWOOD
ReturnHeader/ReturnTs02019-11-15T05:40:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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