Civic Intelligence

The Palmetto Opera

990EZ • Fiscal year 2017 • EIN 57-1129329

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

PO Box 50462Columbia, SC 29250

(703) 655-4896

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

30th percentile

-4.7%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

32nd percentile

-7.3%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$38,839

Down $3,075 (-7.3%) from 2016

Net Assets

Down

$38,839

Down $3,075 (-7.3%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$65,110

Down $30,816 (-32%) from 2016

Expenses

Down

$68,185

Down $4,718 (-6.5%) from 2016

Net Income

Down

-$3,075

Down $26,098 (-113%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $4,882Liabilities 2011: $4,0002011Assets 2012: $14,900Liabilities 2012: $1,000Net Assets 2012: $13,9002012Assets 2013: $18,015Liabilities 2013: $1,000Net Assets 2013: $17,0152013Assets 2014: $17,024Liabilities 2014: $1,000Net Assets 2014: $16,0242014Assets 2015: $19,891Liabilities 2015: $1,0002015Assets 2016: $41,914Liabilities 2016: $0Net Assets 2016: $41,9142016Assets 2017: $38,839Liabilities 2017: $0Net Assets 2017: $38,8392017Assets 2018: $43,505Liabilities 2018: $0Net Assets 2018: $43,5052018Assets 2019: $55,224Liabilities 2019: $0Net Assets 2019: $55,2242019Assets 2020: $61,198Liabilities 2020: $0Net Assets 2020: $61,1982020Assets 2021: $218,820Liabilities 2021: $0Net Assets 2021: $218,8202021Assets 2022: $179,077Liabilities 2022: $0Net Assets 2022: $179,0772022Assets 2023: $164,320Liabilities 2023: $0Net Assets 2023: $164,3202023Assets 2024: $150,908Liabilities 2024: $0Net Assets 2024: $150,9082024

Highlighted filing

2017

Assets$38,839
Liabilities$0
Net Assets$38,839

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $66,352Expenses 2011: $76,075Net Income 2011: -$9,7232011Revenue 2012: $63,033Expenses 2012: $49,279Net Income 2012: $13,7542012Revenue 2013: $57,304Expenses 2013: $54,189Net Income 2013: $3,1152013Revenue 2014: $75,226Expenses 2014: $76,217Net Income 2014: -$9912014Revenue 2015: $69,419Expenses 2015: $67,552Net Income 2015: $1,8672015Revenue 2016: $95,926Expenses 2016: $72,903Net Income 2016: $23,0232016Revenue 2017: $65,110Expenses 2017: $68,185Net Income 2017: -$3,0752017Revenue 2018: $58,708Expenses 2018: $54,042Net Income 2018: $4,6662018Revenue 2019: $80,578Expenses 2019: $68,859Net Income 2019: $11,7192019Revenue 2020: $59,114Expenses 2020: $53,140Net Income 2020: $5,9742020Revenue 2021: $215,970Expenses 2021: $60,252Net Income 2021: $155,7182021Revenue 2022: $63,677Expenses 2022: $94,505Net Income 2022: -$30,8282022Revenue 2023: $75,976Expenses 2023: $99,731Net Income 2023: -$23,7552023Revenue 2024: $95,977Expenses 2024: $107,225Net Income 2024: -$11,2482024

Highlighted filing

2017

Revenue$65,110
Expenses$68,185
Net Income-$3,075
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$65,110
Mission and Program Overview

Mission

To raise awareness of opera and fine arts in sc

Program Services

DescriptionGrantsExpenses
OPERA PERFORMANCES$0$66,644
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARCIE FOUSTEBoard Member-$0--
TINA JOHNSONBoard Member-$0--
MYRTLE ROBINSONBoard Member-$0--
LORETTA WINBURNBoard Member-$0--
PETER BARTONChairPT$0--
AUDREY SKRUPSKELISVice Chair-$0--
BARBARA YONGUESecretary-$0--
MELANIE BECHTTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Palmetto Opera
EIN
57-1129329
Phone
7036554896
Address
PO BOX 50462, COLUMBIA, SC 29250

Signing Officer

Name
Peter Barton
Title
Chair
Phone
7036554896
Signed
2018-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Mauldin & Jenkins LLC
Address
508 HAMPTON STREET, COLUMBIA, SC 29201
Preparer
Michelle Chapman CPA
Phone
8037995810
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: information technology. Amount: 3,224. Description: travel. Amount: 149. Description: insurance. Amount: 1,321. Description: meals. Amount: 24. Description: artist fees. Amount: 3,950. Description: production. Amount: 45,363. Description: advertising. Amount: 6,177. Description: gifts. Amount: 231. Total to form 990-ez, line 16: 60,439.

Form 990-ez, Part II, Line 24 - Other Assets

Description: pledges receivable. Beg. Of year amount: 23,050. End of year amount: 0. Description: investments - td ameritrade. Beg. Of year amount: 0. End of year amount: 14,142.

Raw XML Appendix187 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 3,224. DESCRIPTION: TRAVEL. AMOUNT: 149. DESCRIPTION: INSURANCE. AMOUNT: 1,321. DESCRIPTION: MEALS. AMOUNT: 24. DESCRIPTION: ARTIST FEES. AMOUNT: 3,950. DESCRIPTION: PRODUCTION. AMOUNT: 45,363. DESCRIPTION: ADVERTISING. AMOUNT: 6,177. DESCRIPTION: GIFTS. AMOUNT: 231. TOTAL TO FORM 990-EZ, LINE 16: 60,439.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PLEDGES RECEIVABLE. BEG. OF YEAR AMOUNT: 23,050. END OF YEAR AMOUNT: 0. DESCRIPTION: INVESTMENTS - TD AMERITRADE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 14,142.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER BARTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07036554896
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PALMETTO OPERA
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0571129329
ReturnHeader/Filer/PhoneNum07036554896
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ReturnHeader/FilingSecurityInformation/IPTm016:24:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0580692043
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAULDIN & JENKINS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0508 HAMPTON STREET
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ReturnHeader/PreparerPersonGrp/PhoneNum08037995810
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE CHAPMAN CPA
ReturnHeader/ReturnTs02018-05-11T13:41:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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