The Palmetto Opera

990EZ • Fiscal year 2012 • EIN 57-1129329

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 14, 2013

Organization Profile WWW.PALMETTOOPERASC.ORG

PO Box 5046229250

Siviq Scores

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

0.07x

Higher debt load relative to assets than 72% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

22%

Higher net margin than 79% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

No value available

This filing does not contain officer compensation rows.

Source year 2012

205%

Faster asset growth than 95% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

-5.0%

Faster revenue growth than 40% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet

Liabilities / Assets72nd percentile

Assets

$14,900

Up $10,018 (+205%) from 2011

Net Assets

$13,900

No earlier filing loaded for comparison.

Liabilities

Down

$1,000

Down $3,000 (-75%) from 2011

Revenue And Expenses

Liabilities / Revenue67th percentile Net Margin79th percentile

Revenue

Down

$63,033

Down $3,319 (-5.0%) from 2011

Expenses

Down

$49,279

Down $26,796 (-35%) from 2011

Net Income

$13,754

Up $23,477 (+241%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

Highlighted filing

2012

Assets$14,900

Liabilities$1,000

Net Assets$13,900

Open 2012 Filing

Operations Trend

Revenue Growth40th percentile

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

Highlighted filing

2012

Revenue$63,033

Expenses$49,279

Net Income$13,754

Open 2012 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2012 to Dec 31, 2012
Signed: Aug 14, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

To raise awareness of opera and fine arts in sc

Filing and Contact Details

Filer

EIN: 57-1129329

Raw XML Appendix142 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	4882
IRS990EZ/CashSavingsAndInvestments/EOY	0	14900
IRS990EZ/ContributionsGiftsGrantsEtc	0	32565
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	13754
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/FundraisingGrossIncome	0	11835
IRS990EZ/GainOrLossFromSaleOfAssets	0	0
IRS990EZ/GamingGrossIncome	0	0
IRS990EZ/GroProfitLossSalesOfInventory	0	0
IRS990EZ/GrossReceipts	0	74603
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InvestmentIncome	0	0
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	7250
IRS990EZ/MethodOfAccountingCash	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	882
IRS990EZ/NetAssetsOrFundBalancesBOY	0	882
IRS990EZ/NetAssetsOrFundBalances/EOY	0	13900
IRS990EZ/NetAssetsOrFundBalancesEOY	0	13900
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	10.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	10.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	KATHY NEWMAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	JEANNIE BUTLER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	AUDREY SKRUPSKELIS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	CHAIR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	VICE CHAIR & TEMP TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	SECRETARY
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherChangesInNetAssets	0	-736
IRS990EZ/OtherExpensesTotal	0	43926
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	TO RAISE THE AWARENESS OF OPERA AND FINE ARTS IN SC
IRS990EZ/PrintingPublicationsPostage	0	5353
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	OPERA PERFORMANCES
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	34661
IRS990EZ/ProgramServiceRevenue	0	22953
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/SpecialEventsDirectExpenses	0	11570
IRS990EZ/SpecialEventsNetIncomeLoss	0	265
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	4000
IRS990EZ/SumOfTotalLiabilities/EOY	0	1000
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	338 PILGRIM CHURCH ROAD
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	LEXINGTON
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	SC
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	29072
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	GLORIA BOWDEN
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	8036225667
IRS990EZ/TotalAssets/BOY	0	4882
IRS990EZ/TotalAssets/EOY	0	14900
IRS990EZ/TotalExpenses	0	49279
IRS990EZ/TotalProgramServiceExpenses	0	34661
IRS990EZ/TotalRevenue	0	63033
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	PALMETTOOPERA.ORG
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	62768
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	61480
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years	0	22733
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years	0	22733
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	11319
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	181033
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	0
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	11835
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	9630
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	22733
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	15363
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	11030
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	70591
IRS990ScheduleA/InvestmentIncomePercentage	0	0
IRS990ScheduleA/PriorYearSupportPercentage	0	1.00000
IRS990ScheduleA/PriorYrInvestIncomePercentage	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	1.00000
IRS990ScheduleA/PublicSupportPertcentage170	0	0
IRS990ScheduleA/PublicSupportTotal170	0	0
IRS990ScheduleA/PublicSupportTotal509	0	251624
IRS990ScheduleA/ThirtyThreePercntTestsPY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	74603
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	71110
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	45466
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	38096
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	22349
IRS990ScheduleA/Total509/Total	0	251624
IRS990ScheduleA/TotalSupportTotal/Total	0	251624
IRS990ScheduleB/ContributorInfo/AggregateContributions	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber	0	RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation	0	ADVERTISING 7344. OFFICE SUPPLIES 56. INSURANCE 1509. OPERA PRODUCTION COSTS 34661. BANK CHARGES & CREDIT CARD FEES 306. MEMBERSHIP FEES 50.
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	571129329
ReturnHeader/Filer/Name/BusinessNameLine1	0	THE PALMETTO OPERA
ReturnHeader/Filer/NameControl	0	PALM
ReturnHeader/Filer/Phone	0	8037760526
ReturnHeader/Filer/USAddress/AddressLine1	0	PO BOX 50462
ReturnHeader/Filer/USAddress/City	0	COLUMBIA
ReturnHeader/Filer/USAddress/State	0	SC
ReturnHeader/Filer/USAddress/ZIPCode	0	29250
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-08-14
ReturnHeader/Officer/Name	0	KATHY NEWMAN
ReturnHeader/Officer/Phone	0	8037760526
ReturnHeader/Officer/Title	0	CHAIRMAN
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	WILLIAMS GEE & COMPANY PA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	PO BOX 2366
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	COLUMBIA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	SC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	29202
ReturnHeader/Preparer/Name	0	WALT GEE
ReturnHeader/Preparer/Phone	0	8032522728
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-01-01
ReturnHeader/TaxPeriodEndDate	0	2012-12-31
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-08-19T13:22:20-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $14,900
Liabilities: $1,000
Net assets: $13,900
Revenue: $63,033
Expenses: $49,279
Net income: $13,754

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.51	$0.00	$1.51	$0.96	$1.07	$0.11
2023Detailed filing. Detailed filing data is available for this year.	$1.64	$0.00	$1.64	$0.76	$1.00	$0.24
2022Detailed filing. Detailed filing data is available for this year.	$1.79	$0.00	$1.79	$0.64	$0.95	$0.31
2021Detailed filing. Detailed filing data is available for this year.	$2.19	$0.00	$2.19	$2.16	$0.60	$1.56
2020Detailed filing. Detailed filing data is available for this year.	$0.61	$0.00	$0.61	$0.59	$0.53	$0.06
2019Detailed filing. Detailed filing data is available for this year.	$0.55	$0.00	$0.55	$0.81	$0.69	$0.12
2018Detailed filing. Detailed filing data is available for this year.	$0.44	$0.00	$0.44	$0.59	$0.54	$0.05
2017Detailed filing. Detailed filing data is available for this year.	$0.39	$0.00	$0.39	$0.65	$0.68	$0.03
2016Detailed filing. Detailed filing data is available for this year.	$0.42	$0.00	$0.42	$0.96	$0.73	$0.23
2015Summary only. Only limited summary data is available for this year.	$0.20	$0.01		$0.69	$0.68	$0.02
2014Detailed filing. Detailed filing data is available for this year.	$0.17	$0.01	$0.16	$0.75	$0.76	$0.01
2013Detailed filing. Detailed filing data is available for this year.	$0.18	$0.01	$0.17	$0.57	$0.54	$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.15	$0.01	$0.14	$0.63	$0.49	$0.14
2011Summary only. Only limited summary data is available for this year.	$0.05	$0.04		$0.66	$0.76	$0.10