Civic Intelligence

Heartbeat Opera Ltd.

990EZ • Fiscal year 2016 • EIN 47-4122815

Jul 01, 2015 to Jun 30, 2016 • Filed on Jun 07, 2016

804 West 180th StreetNew York, NY 10033

(212) 643-2036

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.21x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.07x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Net Margin

40th percentile

-1.2%

Higher net margin than 40% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Top Officer Pay

74th percentile

$5,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$4,027

No earlier filing loaded for comparison.

Net Assets

-$837

No earlier filing loaded for comparison.

Liabilities

$4,864

No earlier filing loaded for comparison.

Revenue

$71,865

No earlier filing loaded for comparison.

Expenses

$72,702

No earlier filing loaded for comparison.

Net Income

-$837

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2016: $4,027Liabilities 2016: $4,864Net Assets 2016: -$8372016Assets 2017: $50,547Liabilities 2017: $0Net Assets 2017: $50,5472017Assets 2018: $75,068Liabilities 2018: $9,491Net Assets 2018: $65,5772018Assets 2019: $101,318Liabilities 2019: $3,090Net Assets 2019: $98,2282019Assets 2020: $214,990Liabilities 2020: $248Net Assets 2020: $214,7422020Assets 2021: $440,241Liabilities 2021: $45,855Net Assets 2021: $394,3862021Assets 2022: $491,262Liabilities 2022: $9,727Net Assets 2022: $481,5352022Assets 2023: $418,934Liabilities 2023: $15,040Net Assets 2023: $403,8942023Assets 2024: $348,278Liabilities 2024: $15,031Net Assets 2024: $333,2472024

Highlighted filing

2016

Assets$4,027
Liabilities$4,864
Net Assets-$837

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $71,865Expenses 2016: $72,702Net Income 2016: -$8372016Revenue 2017: $175,796Expenses 2017: $124,412Net Income 2017: $51,3842017Revenue 2018: $248,125Expenses 2018: $233,095Net Income 2018: $15,0302018Revenue 2019: $334,480Expenses 2019: $301,829Net Income 2019: $32,6512019Revenue 2020: $630,570Expenses 2020: $514,056Net Income 2020: $116,5142020Revenue 2021: $613,627Expenses 2021: $433,984Net Income 2021: $179,6432021Revenue 2022: $977,495Expenses 2022: $890,346Net Income 2022: $87,1492022Revenue 2023: $657,521Expenses 2023: $735,162Net Income 2023: -$77,6412023Revenue 2024: $842,777Expenses 2024: $913,424Net Income 2024: -$70,6472024

Highlighted filing

2016

Revenue$71,865
Expenses$72,702
Net Income-$837
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jun 7, 2016
Return Version
2015v2.1
Gross Receipts
$71,865
Mission and Program Overview

Mission

Grounded in the belief that excellent opera making should build community and radiate beauty, Heartbeat Opera creates incisive adaptations, revelatory arrangements of classics, and interdisciplinary collaboration. We reckon with the harmful aspects of opera's past and pioneer an equitable and inclusive future for our art form, centered in love.

To operate a theatre company that fosters the exploration of the intersection between music and theatre. To nuture the future of opera by celebrating young artists and educating new audiences.

Program Services

DescriptionGrantsExpenses
March Festival Production: Two Full Theatrical Rendtions of Major Works were presented in Manhattan and achieved both a large audience as well as serious Critical Acclaim in the Press-$57,431
"Miss Handel" Benefit: Served as an introduction to our audience, both generous support and ticket sales resulted from this event. The renowned composer's work was honored in a fresh interpretaion.-$8,487
OTHER EVENTS-$142
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER NEWMANProducing DirectorPT$5,000-$5,000
LOUISA PROSKEArtistic DirectorPT$1,000-$1,000
ETHAN HEARDArtistic DirectorPT$1,000-$1,000
HOWARD SELIGMANFinancial Officer-$0--
-Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Heartbeat Opera Ltd
EIN
47-4122815
Phone
2126432036
Address
804 West 180th Street, New York, NY 10033

Signing Officer

Name
Howard Seligman
Title
Financial Officer
Phone
2126432036
Signed
2016-06-07

Preparer

Firm
Howard Seligman
Address
230 West 38th Street 14th Floor, NEW YORK, NY 10018
Preparer
Howard Seligman
Phone
2126432036
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Costumes 3397.

Form 990EZ, Part I, Line 16

Props 1707.

Form 990EZ, Part I, Line 16

Insurance 1573.

Form 990EZ, Part I, Line 16

Set 1284.

Form 990EZ, Part I, Line 16

Travel 746.

Form 990EZ, Part I, Line 16

Website 192.

Raw XML Appendix151 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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Filings