Civic Intelligence

Opera Delaware Inc.

990 • Fiscal year 2023 • EIN 51-6018055

Sep 01, 2022 to Aug 31, 2023 • Filed on Feb 14, 2024

4 South Poplar StWilmington, DE 19801

(302) 658-8063

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.15x

Higher debt load relative to assets than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.41x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

10th percentile

-35%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

14th percentile

-8.9%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-24%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,798,118

Down $273,901 (-8.9%) from 2022

Net Assets

Down

$2,387,874

Down $304,656 (-11%) from 2022

Liabilities

Up

$410,244

Up $30,755 (+8.1%) from 2022

Revenue

Down

$1,002,372

Down $323,958 (-24%) from 2022

Expenses

Down

$1,354,854

Down $12,940 (-0.9%) from 2022

Net Income

Down

-$352,482

Down $311,018 (-750%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,700,603Liabilities 2011: $1,217,911Net Assets 2011: $482,6922011Assets 2012: $1,508,977Liabilities 2012: $600,399Net Assets 2012: $908,5782012Assets 2013: $1,455,698Liabilities 2013: $580,429Net Assets 2013: $875,2692013Assets 2014: $1,410,766Liabilities 2014: $492,161Net Assets 2014: $918,6052014Assets 2015: $1,743,826Liabilities 2015: $486,072Net Assets 2015: $1,257,7542015Assets 2016: $1,573,002Liabilities 2016: $450,516Net Assets 2016: $1,122,4862016Assets 2017: $1,577,614Liabilities 2017: $439,160Net Assets 2017: $1,138,4542017Assets 2018: $1,660,396Liabilities 2018: $462,440Net Assets 2018: $1,197,9562018Assets 2019: $1,637,926Liabilities 2019: $442,238Net Assets 2019: $1,195,6882019Assets 2020: $1,938,632Liabilities 2020: $651,241Net Assets 2020: $1,287,3912020Assets 2021: $3,267,828Liabilities 2021: $489,606Net Assets 2021: $2,778,2222021Assets 2022: $3,072,019Liabilities 2022: $379,489Net Assets 2022: $2,692,5302022Assets 2023: $2,798,118Liabilities 2023: $410,244Net Assets 2023: $2,387,8742023Assets 2024: $2,798,873Liabilities 2024: $382,030Net Assets 2024: $2,416,8432024Assets 2025: $2,604,775Liabilities 2025: $398,676Net Assets 2025: $2,206,0992025

Highlighted filing

2023

Assets$2,798,118
Liabilities$410,244
Net Assets$2,387,874

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $829,619Expenses 2011: $811,309Net Income 2011: $18,3102011Revenue 2012: $1,295,917Expenses 2012: $870,031Net Income 2012: $425,8862012Revenue 2013: $762,347Expenses 2013: $795,656Net Income 2013: -$33,3092013Revenue 2014: $719,515Expenses 2014: $676,179Net Income 2014: $43,3362014Revenue 2015: $1,077,239Expenses 2015: $738,090Net Income 2015: $339,1492015Revenue 2016: $925,655Expenses 2016: $1,060,923Net Income 2016: -$135,2682016Revenue 2017: $988,889Expenses 2017: $972,921Net Income 2017: $15,9682017Revenue 2018: $1,060,956Expenses 2018: $1,001,454Net Income 2018: $59,5022018Revenue 2019: $1,094,984Expenses 2019: $1,097,252Net Income 2019: -$2,2682019Revenue 2020: $863,313Expenses 2020: $771,610Net Income 2020: $91,7032020Revenue 2021: $2,098,764Expenses 2021: $671,653Net Income 2021: $1,427,1112021Revenue 2022: $1,326,330Expenses 2022: $1,367,794Net Income 2022: -$41,4642022Revenue 2023: $1,002,372Expenses 2023: $1,354,854Net Income 2023: -$352,4822023Revenue 2024: $1,311,940Expenses 2024: $1,415,497Net Income 2024: -$103,5572024Revenue 2025: $1,475,749Expenses 2025: $1,708,290Net Income 2025: -$232,5412025

Highlighted filing

2023

Revenue$1,002,372
Expenses$1,354,854
Net Income-$352,482
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Feb 14, 2024
Return Version
2022v5.0
Gross Receipts
$1,013,743
Mission and Program Overview

Mission

Operadelaware is a professional non-profit opera company with a reputation for excellence in both opera and arts education. Operadelaware opens the door to bold, vibrant and creative operatic programming that enriches the community, transforms audiences, and encourages dialogue.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$823,080$861,728▲ $38,648
Land, Buildings, and Equipment, Net$876,427$850,873▼ $25,554
Savings and Temporary Cash Investments$1,143,503$842,878▼ $300,625
Pledges and Grants Receivable$189,300$205,165▲ $15,865
Prepaid Expenses and Deferred Charges$25,820$28,687▲ $2,867
Accounts Receivable$13,689$8,587▼ $5,102
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$3,072,019$2,798,118▼ $273,901
Liabilities
Mortgage Notes Payable Secured by Investment Property$309,229$303,296▼ $5,933
Deferred Revenue$38,524$59,515▲ $20,991
Accounts Payable and Accrued Expenses$31,736$47,433▲ $15,697
Total Liabilities$379,489$410,244▲ $30,755
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,380,122$2,102,372▼ $277,750
Net Assets With Donor Restrictions$312,408$285,502▼ $26,906
Total Net Assets Fund Balance$2,692,530$2,387,874▼ $304,656
Total Liabilities and Net Assets / Fund Balance$3,072,019$2,798,118▼ $273,901

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$443,485$1,444,165$1,887,650
Equipment$54,787$318,394$373,181
Other Land Buildings$262,601$106,218$368,819
Land$90,000-$90,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$582,200
Program Service Revenue
$153,976
Investment Income
$50,420
Other Revenue
$215,776
All Other Contributions
$375,655
Change in Net Assets
$-352,482

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,002,372
Revenue Not Reported on Form 990
$219,741
Total Revenue per Audited Statements
$1,222,113
Total Revenue per Form 990
$1,002,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$912,200
Salaries, Compensation, and Employee Benefits$442,654
Total Fundraising Expense$116,754
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$109,308$106,976$45,846$262,130
Depreciation Depletion$37,187$53,125$15,938$106,250
Current Officers, Directors, Trustees, and Key Employees$39,140$38,304$16,416$93,860
Other Expenses$67,744--$67,744
All Other Expenses$62,593-$190$62,783
Other Employee Benefits$23,330$22,832$9,785$55,947
Office Expenses$15,646$23,751$12,052$51,449
Occupancy$13,897$19,853$5,956$39,706
Advertising$35,419$4,123-$39,542
Insurance$12,131$17,329$5,199$34,659
Payroll Taxes$12,809$12,536$5,372$30,717
Fees for Services Accounting-$27,393-$27,393
Travel$26,810--$26,810
Fees for Services Other-$23,223-$23,223
Interest-$11,406-$11,406
Total Functional Expenses$877,249$360,851$116,754$1,354,854

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,526,769
Expenses per Audited Statements$1,354,854
Total Expenses per Form 990$1,354,854
Expenses Not Reported on Form 990$171,915
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,803
Fundraising Direct Expenses$10,643
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Microgalas$16,803$16,803$361$16,442
Total Events$16,803$16,803$10,643$6,160
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Governing body reviews form 990 and provides feedback prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board reviews conflict of interest policy annually and suggests changes as needed. Board members complete annual conflict of interest statements.

Form 990, Page 6, Part VI, Line 15A

Executive committee of the board reviews the executive director's compensation periodically and recommends changes as appropriate.

Form 990, Page 6, Part VI, Line 19

Organizational documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Operadelaware Inc
EIN
51-6018055
Phone
3026588063
Address
4 SOUTH POPLAR ST, WILMINGTON, DE 19801

Signing Officer

Name
Brendan Cooke
Title
General Director
Phone
3026588063
Signed
2024-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brendan Cooke
Formed
1997
Legal Domicile
De
Voting Board Members
17
Independent Board Members
17
Employees
62
Volunteers
116

Preparer

Firm
Umbreit Wileczek & Associates Pc
Address
712 E BALTIMORE PIKE, KENNETT SQUARE, PA 19348
Preparer
Kathleen a Wileczek CPA
Phone
6104443222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Operadelaware is a professional non-profit opera company with a reputation for excellence in both opera and arts education. Operadelaware opens the door to bold, vibrant and creative operatic programming that enriches the community, transforms audiences, and encourages dialogue.

Form 990, Page 2, Part III, Line 4B

Operadelaware's education and outreach programs reached underserved community centers and schools through a multi-pronged approach that provides students with instruction, training, presentations and performance opportunities. The curriculum, repertoire and rehearsal time are closely tailored to the specific needs of each student body. The 2022-2023 season saw a resumption of pre-pandemic level participation, generating over 5,000 student interactions. Programs include the neighborhood choir program, an after-school program geared towards young audiences that introduces children to the power and beauty of the unamplified human voice, while teaching important lessons about reading, writing, and music; and the warner arts alliance, a year-round program that integrates the arts into the curriculum as a way to reach a variety of learning styles.

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IRS990/Desc0THE 2022-2023 SEASON SAW A RETURN TO PRE-PANDEMIC ATTENDANCE LEVELS. THIS SEASON, OPERADELAWARE ENRICHED THE LIVES OF NEARLY 20,000 PEOPLE THROUGH PERFORMING OR PRESENTING OVER 90 OPERATIC PERFORMANCES, LECTURES, EVENTS, AND YOUTH EDUCATION SESSIONS THROUGHOUT DELAWARE AND THE MID- ATLANTIC REGION. THE 2022-2023 SEASON ATTRACTED OVER 1,100 FIRST-TIME PATRONS, AS WELL AS OVER 500 PATRONS FROM OUTSIDE A 30-MILE RADIUS OF WILMINGTON. IN ADDITION, OUR RIVERFRONT STUDIOS SERVED AS HOME TO MANY DELAWARE ARTS ORGANIZATIONS FOR OFFICE, REHEARSAL, PERFORMANCE, AND EVENT SPACE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/MissionDesc0OPERADELAWARE IS A PROFESSIONAL NON-PROFIT OPERA COMPANY WITH A REPUTATION FOR EXCELLENCE IN BOTH OPERA AND ARTS EDUCATION. OPERADELAWARE OPENS THE DOOR TO BOLD, VIBRANT AND CREATIVE OPERATIC PROGRAMMING THAT ENRICHES THE COMMUNITY, TRANSFORMS AUDIENCES, AND ENCOURAGES DIALOGUE.
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IRS990/OtherExpensesGrp/Desc0PERFORMERS
IRS990/OtherExpensesGrp/Desc1MUSCIANS
IRS990/OtherExpensesGrp/Desc2PRODUCTION PERSONNEL
IRS990/OtherExpensesGrp/Desc3THEATER RENTAL
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IRS990/PrincipalOfficerNm0BRENDAN COOKE
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IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION OUTREACH
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110350
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERADELAWARE'S EDUCATION AND OUTREACH PROGRAMS REACHED UNDERSERVED COMMUNITY CENTERS AND SCHOOLS THROUGH A MULTI-PRONGED APPROACH THAT PROVIDES STUDENTS WITH INSTRUCTION, TRAINING, PRESENTATIONS AND PERFORMANCE OPPORTUNITIES. THE CURRICULUM, REPERTOIRE AND REHEARSAL TIME ARE CLOSELY TAILORED TO THE SPECIFIC NEEDS OF EACH STUDENT BODY. THE 2022-2023 SEASON SAW A RESUMPTION OF PRE-PANDEMIC LEVEL PARTICIPATION, GENERATING OVER 5,000 STUDENT INTERACTIONS. PROGRAMS INCLUDE THE NEIGHBORHOOD CHOIR PROGRAM, AN AFTER-SCHOOL PROGRAM GEARED TOWARDS YOUNG AUDIENCES THAT INTRODUCES CHILDREN TO THE POWER AND BEAUTY OF THE UNAMPLIFIED HUMAN VOICE, WHILE TEACHING IMPORTANT LESSONS ABOUT READING, WRITING, AND MUSIC; AND THE WARNER ARTS ALLIANCE, A YEAR-ROUND PROGRAM THAT INTEGRATES THE ARTS INTO THE CURRICULUM AS A WAY TO REACH A VARIETY OF LEARNING STYLES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt060957
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010350
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt041321
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt078462
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER 25,937 PPP GRANT 208,077 ERC 79,586
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.60$0.40$2.21$1.48$1.71$0.23
2024Detailed filing. Detailed filing data is available for this year.$2.80$0.38$2.42$1.31$1.42$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.80$0.41$2.39$1.00$1.35$0.35
2022Detailed filing. Detailed filing data is available for this year.$3.07$0.38$2.69$1.33$1.37$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.49$2.78$2.10$0.67$1.43
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.65$1.29$0.86$0.77$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.44$1.20$1.09$1.10$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.66$0.46$1.20$1.06$1.00$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.58$0.44$1.14$0.99$0.97$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.45$1.12$0.93$1.06$0.14
2015Summary only. Only limited summary data is available for this year.$1.74$0.49$1.26$1.08$0.74$0.34
2014Summary only. Only limited summary data is available for this year.$1.41$0.49$0.92$0.72$0.68$0.04
2013Summary only. Only limited summary data is available for this year.$1.46$0.58$0.88$0.76$0.80$0.03
2012Summary only. Only limited summary data is available for this year.$1.51$0.60$0.91$1.30$0.87$0.43
2011Summary only. Only limited summary data is available for this year.$1.70$1.22$0.48$0.83$0.81$0.02