Civic Intelligence

Palm Beach Opera Inc.

990 • Fiscal year 2016 • EIN 59-1060864

Jun 01, 2015 to May 31, 2016 • Filed on Oct 31, 2016

1800 South Australian Avenue 301West Palm Beach, FL 33409

(561) 833-3709

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.36x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.30x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

25th percentile

-7.2%

Higher net margin than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

17th percentile

-6.8%

Faster asset growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-25%

Faster revenue growth than 13% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Flat

$3,329,477

Flat from 2016

Net Assets

Flat

$2,117,483

Flat from 2016

Liabilities

Flat

$1,211,994

Flat from 2016

Revenue

Down

$4,023,689

Down $119,745 (-2.9%) from 2016

Expenses

Down

$4,314,985

Down $119,745 (-2.7%) from 2016

Net Income

Flat

-$291,296

Flat from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $3,121,773Liabilities 2012: $1,427,458Net Assets 2012: $1,694,3152012Assets 2013: $3,206,197Liabilities 2013: $1,411,248Net Assets 2013: $1,794,9492013Assets 2014: $2,871,165Liabilities 2014: $582,943Net Assets 2014: $2,288,2222014Assets 2015: $3,572,946Liabilities 2015: $1,142,592Net Assets 2015: $2,430,3542015Assets 2016: $3,329,477Liabilities 2016: $1,211,994Net Assets 2016: $2,117,4832016Assets 2016: $3,329,477Liabilities 2016: $1,211,994Net Assets 2016: $2,117,4832016Assets 2017: $3,618,710Liabilities 2017: $780,668Net Assets 2017: $2,838,0422017Assets 2018: $3,476,120Liabilities 2018: $803,253Net Assets 2018: $2,672,8672018Assets 2019: $6,759,636Liabilities 2019: $713,638Net Assets 2019: $6,045,9982019Assets 2020: $6,193,266Liabilities 2020: $1,040,511Net Assets 2020: $5,152,7552020Assets 2021: $5,610,221Liabilities 2021: $692,941Net Assets 2021: $4,917,2802021Assets 2022: $12,939,353Liabilities 2022: $2,814,252Net Assets 2022: $10,125,1012022Assets 2023: $10,212,309Liabilities 2023: $1,728,733Net Assets 2023: $8,483,5762023Assets 2024: $8,896,968Liabilities 2024: $1,910,073Net Assets 2024: $6,986,8952024

Highlighted filing

2016

Assets$3,329,477
Liabilities$1,211,994
Net Assets$2,117,483

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $4,449,246Expenses 2012: $4,591,738Net Income 2012: -$142,4922012Revenue 2013: $4,015,628Expenses 2013: $3,917,101Net Income 2013: $98,5272013Revenue 2014: $4,595,172Expenses 2014: $4,100,800Net Income 2014: $494,3722014Revenue 2015: $5,391,644Expenses 2015: $5,248,841Net Income 2015: $142,8032015Revenue 2016: $4,023,689Expenses 2016: $4,314,985Net Income 2016: -$291,2962016Revenue 2016: $4,143,434Expenses 2016: $4,434,730Net Income 2016: -$291,2962016Revenue 2017: $5,396,907Expenses 2017: $4,633,253Net Income 2017: $763,6542017Revenue 2018: $5,148,221Expenses 2018: $5,276,574Net Income 2018: -$128,3532018Revenue 2019: $8,921,189Expenses 2019: $5,515,584Net Income 2019: $3,405,6052019Revenue 2020: $4,317,649Expenses 2020: $5,197,552Net Income 2020: -$879,9032020Revenue 2021: $3,191,039Expenses 2021: $4,222,819Net Income 2021: -$1,031,7802021Revenue 2022: $9,924,286Expenses 2022: $5,070,921Net Income 2022: $4,853,3652022Revenue 2023: $4,224,318Expenses 2023: $5,741,904Net Income 2023: -$1,517,5862023Revenue 2024: $5,042,467Expenses 2024: $6,432,630Net Income 2024: -$1,390,1632024

Highlighted filing

2016

Revenue$4,023,689
Expenses$4,314,985
Net Income-$291,296
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Oct 31, 2016
Return Version
2015v2.1
Gross Receipts
$4,307,467
Mission and Program Overview

Mission

Palm beach opera is dedicated to producing live opera at an international standard of excellence, enriching the lives of the communities it serves with a diverse offering of educational programs, and to training the next generation of opera stars.

Palm beach opera is dedicated to producing live opera at an international standard of excellence and enriching the life of the communities it serves with a diverse offering of educational programs, concerts and lectures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,431,428$1,454,628▲ $23,200
Pledges and Grants Receivable$1,606,727$1,179,377▼ $427,350
Land, Buildings, and Equipment, Net$206,858$184,790▼ $22,068
Prepaid Expenses and Deferred Charges$37,631$54,971▲ $17,340
Total Assets$3,572,946$3,329,477▼ $243,469
Other Assets Total$290,302$455,711▲ $165,409
Liabilities
Deferred Revenue$556,623$590,926▲ $34,303
Mortgage Notes Payable Secured by Investment Property$510,000--
Other Liabilities-$510,000-
Accounts Payable and Accrued Expenses$75,969$111,068▲ $35,099
Total Liabilities$1,142,592$1,211,994▲ $69,402
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,481,534$1,482,028▲ $494
Temporarily Rstr Net Assets$1,562,562$1,420,475▼ $142,087
Unrestricted Net Assets$-613,742$-785,020▼ $171,278
Total Net Assets Fund Balance$2,430,354$2,117,483▼ $312,871
Total Liabilities and Net Assets / Fund Balance$3,572,946$3,329,477▼ $243,469

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,137$288,744$291,881
Leasehold Improvements$156,760$35,592$192,352
Other Land Buildings$24,893$134,167$159,060
Other Assets Org$17,584--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,277,754$1,653,562▼ $671$886,549$3,044,096
2013$2,509,577$597,479▼ $1,099$828,203$2,277,754
2012$2,082,513$859,871▲ $2,107$434,914$2,509,577
2011$2,323,174$587,686▼ $57$828,290$2,082,513
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Mr Daniel BiaggiGeneral Dire$210,000$11,007$221,007
Mr Daniel BiaggiGeneral Director$210,000$11,007$221,007
Revenue and Support

Revenue Composition

Contributions and Grants
$2,657,055
Program Service Revenue
$1,092,021
Investment Income
$5,469
Other Revenue
$269,144
All Other Contributions
$1,818,201
Change in Net Assets
$-291,296

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$94,771
Total Noncash Contributions1$94,771

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,023,689
Total Revenue per Audited Statements
$4,023,689
Total Revenue per Form 990
$4,023,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,444,908
Other Expenses$1,870,077
Total Fundraising Expense$232,150
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,844,499$83,228$208,855$2,136,582
Advertising-$283,912$199$284,111
Current Officers, Directors, Trustees, and Key Employees$210,000--$210,000
All Other Expenses$88,482$93,849-$182,331
Occupancy-$121,437-$121,437
Fees for Services Legal-$80,594-$80,594
Insurance-$78,297-$78,297
Other Expenses$74,007--$74,007
Information Technology$34,854$31,330$3,245$69,429
Travel$63,430$3,509-$66,939
Payroll Taxes$28,586$15,466$16,384$60,436
Office Expenses$14,040$23,122-$37,162
Pension Plan Contributions$7,974$8,762$6,036$22,772
Fees for Services Accounting-$21,050-$21,050
Interest-$15,483-$15,483
Other Employee Benefits$11,852$5,835$-2,569$15,118
Conferences and Meetings-$3,355-$3,355
Total Functional Expenses$3,213,606$869,229$232,150$4,314,985

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,337,054
Expenses per Audited Statements$4,314,985
Total Expenses per Form 990$4,314,985
Expenses Not Reported on Form 990$22,069
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$382,780
Fundraising Direct Expenses$283,778
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$938,660$382,780$283,778$99,002
Total Events$938,660$382,780$283,778$99,002
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit - Northern Trust$510,000
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, Page 6, Part VI, Line 11B

Form 990 is reviewed by the director of finance and the general director, and submitted to the board of directors for review prior to filing.

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

All employees and consultants are required to review and sign policy prior to hiring or conducting business.

Form 990, Page 6, Part VI, Line 19

All governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Palm Beach Opera Inc
EIN
59-1060864
Phone
5618333709
Address
1800 SOUTH AUSTRALIAN AVENUE 301, WEST PALM BEACH, FL 33409

Signing Officer

Name
Mr Daniel Biaggi
Title
General Director
Phone
5618333709
Signed
2016-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr Daniel Biaggi
Formed
1962
Legal Domicile
Fl
Voting Board Members
25
Independent Board Members
25
Employees
182
Volunteers
42

Preparer

Firm
Hafer & Company
Address
249 ROYAL PALM WAY STE 300, PALM BEACH, FL 33480-4336
Preparer
William Kilgallon
Phone
5616558700
Supplemental Narrative

Additional Explanations

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

Other programs - direct production costs

Form 990, Part XI, Line 9

Special event expenses & rounding 0 special event expenses & rounding 0 book / tax depreciation difference -22,069 total -22,069

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The opera uses the investment earnings on endowment funds to fund costs associated with its exempt purpose.

Schedule D, Page 4, Part XI, Line 2D

Special event expenses & rounding 0

Schedule D, Page 4, Part XII, Line 2D

Special event expenses & rounding 0 book / tax depreciation difference 22,069

Raw XML AppendixShowing 400 of 622 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt075969
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0111068
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PALM BEACH OPERA IS DEDICATED TO PRODUCING LIVE OPERA AT AN INTERNATIONAL STANDARD OF EXCELLENCE AND ENRICHING THE LIFE OF THE COMMUNITIES IT SERVES WITH A DIVERSE OFFERING OF EDUCATIONAL PROGRAMS, CONCERTS AND LECTURES.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/FundraisingAmt0199
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0283912
IRS990/AdvertisingGrp/TotalAmt0284111
IRS990/AllOtherContributionsAmt01818201
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt093849
IRS990/AllOtherExpensesGrp/ProgramServicesAmt088482
IRS990/AllOtherExpensesGrp/TotalAmt0182331
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JOE CREMONA
IRS990/BooksInCareOfDetail/PhoneNum05618333709
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0415 SOUTH OLIVE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST PALM BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033401
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0210000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0210000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03355
IRS990/ConferencesMeetingsGrp/TotalAmt03355
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0555880
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02657055
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05469
IRS990/CYOtherExpensesAmt01870077
IRS990/CYOtherRevenueAmt0269144
IRS990/CYProgramServiceRevenueAmt01092021
IRS990/CYRevenuesLessExpensesAmt0-291296
IRS990/CYSalariesCompEmpBnftPaidAmt02444908
IRS990/CYTotalExpensesAmt04314985
IRS990/CYTotalFundraisingExpenseAmt0232150
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04023689
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0556623
IRS990/DeferredRevenueGrp/EOYAmt0590926
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PALM BEACH OPERA'S CORE OFFERINGS ARE WORLD-CLASS OPERA PRODUCTIONS THAT ALLOW AUDIENCES TO EXPERIENCE OPERA WITH A FULL ORCHESTRA AND CHORUS, INTERNATIONALLY ACCLAIMED SOLOISTS, CONDUCTORS, DIRECTORS, AND SCENIC DESIGNERS. PALM BEACH OPERA ATTRACTS A DIVERSE AUDIENCE OF MORE THAN 25,000 OPERA LOVERS, MAKING A SIGNIFICANT AND POSITIVE CONTRIBUTION TO THE ECONOMIC HEALTH AND SOCIAL VITALITY OF PALM BEACH COUNTY. IN THE 2015-16 SEASON, THE OPERA PRODUCED THREE MAIN STAGE OPERAS: CARMEN, DON PASQUALE, AND ARIADNE AUF NAXOS. THE ANNUAL FUNDRAISING GALA THIS YEAR FEATURED WORLD RENOWNED SOPRANO, DIANA DAMRAU.PAST GALAS HAVE SHOWCASED SINGERS SUCH AS RENEE FLEMING, JOYCE DIDONATO, & PLACIDO DOMINGO.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0182
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02431381
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021050
IRS990/FeesForServicesAccountingGrp/TotalAmt021050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt080594
IRS990/FeesForServicesLegalGrp/TotalAmt080594
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt060.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2511007
IRS990/Form990PartVIISectionAGrp/PersonNm0MR DENNIS K WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1MR SANFORD H FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm2MRS GLADYS BENENSON
IRS990/Form990PartVIISectionAGrp/PersonNm3DR DAVID I KOSOWSKY
IRS990/Form990PartVIISectionAGrp/PersonNm4MRS ARI RIFKIN
IRS990/Form990PartVIISectionAGrp/PersonNm5MR MARC S SOLOMON
IRS990/Form990PartVIISectionAGrp/PersonNm6MR PETER A HOFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MR SANFORD BAKLOR
IRS990/Form990PartVIISectionAGrp/PersonNm8DR ELIZABETH BOWDEN
IRS990/Form990PartVIISectionAGrp/PersonNm9MR WILLIAM G BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm10MRS RITA DENERSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm11MR JOHN A DOMENICO
IRS990/Form990PartVIISectionAGrp/PersonNm12MRS ANNETTE Y FRIEDLAND
IRS990/Form990PartVIISectionAGrp/PersonNm13MRS ANN FROMER
IRS990/Form990PartVIISectionAGrp/PersonNm14MR PAUL A GOLDNER
IRS990/Form990PartVIISectionAGrp/PersonNm15MR CHARLES GOTTESMAN
IRS990/Form990PartVIISectionAGrp/PersonNm16MR CHARLES HARDWICK
IRS990/Form990PartVIISectionAGrp/PersonNm17MRS RONNIE ISENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm18MRS FLORENCE KAUFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm19MRS VICKI KELLOGG
IRS990/Form990PartVIISectionAGrp/PersonNm20DR MARSHA LAUFER
IRS990/Form990PartVIISectionAGrp/PersonNm21MR HOWARD LESTER
IRS990/Form990PartVIISectionAGrp/PersonNm22MRS MARY M MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm23MR JOHN J POHANKA
IRS990/Form990PartVIISectionAGrp/PersonNm24RADM PHILIP WHITACRE
IRS990/Form990PartVIISectionAGrp/PersonNm25MR DANIEL BIAGGI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25210000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25GENERAL DIRE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0555880
IRS990/FundraisingDirectExpensesAmt0283778
IRS990/FundraisingGrossIncomeAmt0382780
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GovernmentGrantsAmt0282974
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04307467
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt03245
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt031330
IRS990/InformationTechnologyGrp/ProgramServicesAmt034854
IRS990/InformationTechnologyGrp/TotalAmt069429
IRS990/InsuranceGrp/ManagementAndGeneralAmt078297
IRS990/InsuranceGrp/TotalAmt078297
IRS990/InterestGrp/ManagementAndGeneralAmt015483
IRS990/InterestGrp/TotalAmt015483
IRS990/InvestmentIncomeGrp/ExclusionAmt05469
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05469
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt0110
IRS990/IRPDocumentW2GCnt0182
IRS990/LandBldgEquipAccumDeprecAmt0458503
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0206858
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0184790
IRS990/LandBldgEquipCostOrOtherBssAmt0643293
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PALM BEACH OPERA IS DEDICATED TO PRODUCING LIVE OPERA AT AN INTERNATIONAL STANDARD OF EXCELLENCE AND ENRICHING THE LIFE OF THE COMMUNITIES IT SERVES WITH A DIVERSE OFFERING OF EDUCATIONAL PROGRAMS, CONCERTS AND LECTURES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0510000
IRS990/NetAssetsOrFundBalancesBOYAmt02430354
IRS990/NetAssetsOrFundBalancesEOYAmt02117483
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt099002
IRS990/NetUnrlzdGainsLossesInvstAmt0494
IRS990/NoncashContributionsAmt094771
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0121437
IRS990/OccupancyGrp/TotalAmt0121437
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023122
IRS990/OfficeExpensesGrp/ProgramServicesAmt014040
IRS990/OfficeExpensesGrp/TotalAmt037162
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0290302
IRS990/OtherAssetsTotalGrp/EOYAmt0455711
IRS990/OtherChangesInNetAssetsAmt0-22069
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0-2569
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05835
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011852
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015118
IRS990/OtherExpensesGrp/Desc0VENUE COSTS
IRS990/OtherExpensesGrp/Desc1SCENERY & EQUIPMENT RENT
IRS990/OtherExpensesGrp/Desc2DIRECT PRODUCTION COSTS
IRS990/OtherExpensesGrp/Desc3EDUCATION OUTREACH
IRS990/OtherExpensesGrp/ProgramServicesAmt0316305
IRS990/OtherExpensesGrp/ProgramServicesAmt1268303
IRS990/OtherExpensesGrp/ProgramServicesAmt2251274
IRS990/OtherExpensesGrp/ProgramServicesAmt374007
IRS990/OtherExpensesGrp/TotalAmt0316305
IRS990/OtherExpensesGrp/TotalAmt1268303
IRS990/OtherExpensesGrp/TotalAmt2251274
IRS990/OtherExpensesGrp/TotalAmt374007
IRS990/OtherLiabilitiesGrp/EOYAmt0510000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0170142
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0170142
IRS990/OtherRevenueTotalAmt0170142
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0208855
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt083228
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01844499
IRS990/OtherSalariesAndWagesGrp/TotalAmt02136582
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt016384
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015466
IRS990/PayrollTaxesGrp/ProgramServicesAmt028586
IRS990/PayrollTaxesGrp/TotalAmt060436
IRS990/PensionPlanContributionsGrp/FundraisingAmt06036
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08762
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07974
IRS990/PensionPlanContributionsGrp/TotalAmt022772
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01481534
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01482028
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01606727
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01179377
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037631
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt054971
IRS990/PrincipalOfficerNm0MR DANIEL BIAGGI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OPERAS & CONCERTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01092021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01092021
IRS990/ProgSrvcAccomActy2Grp/Desc0THE BENENSON YOUNG ARTIST PROGRAM FUNCTIONS AS A STEPPING STONE TO A SUCCESSFUL OPERA CAREER FOR POST-GRADUATE AND EMERGING SINGERS, PROVIDING ASPIRING OPERA SINGERS THE OPPORTUNITY TO HONE THEIR TALENT IN A SUPPORTIVE LEARNING ENVIRONMENT. THERE ARE TWO ESSENTIAL COMPONENTS OF THE PROGRAM: THE TRAINING OF YOUNG ARTISTS, WHICH IMPACTS THEIR ARTISTIC DEVELOPMENT, AND THE PERFORMANCES THEY GIVE, WHICH IMPACT THE CULTURAL LIFE OF THE COMMUNITY. THE OPERA HAD 8 YOUNG ARTISTS THIS SEASON AND THEY COVERED COMPRIMARIO ROLES, PERFORMED PRINCIPAL ROLES FOR THE CHILDREN'S PERFORMANCE, AND PARTICIPATED IN ENSEMBLES AND CHORUS THROUGHOUT THE SEASON IN ORDER TO LEARN AND GROW AS ARTISTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0177377
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt019107
IRS990/ProgSrvcAccomActy3Grp/Desc0PALM BEACH OPERA'S EDUCATION AND OUTREACH PROGRAMS ARE DELIVERED TO A BROAD SEGMENT OF THE COMMUNITY THROUGH FREE OR LOW-COST PRESENTATIONS AND ACTIVITIES DESIGNED TO BROADEN AWARENESS AND ENTHUSIASM FOR THE ART TO PEOPLE OF ALL AGES. PROGRAMS INCLUDE: CONCERTS IN THE CLASSROOM, PBO STUDIO, ONE OPERA IN ONE HOUR, AND COMMUNITY CONCERTS THAT INTRODUCE A DEEPER APPRECIATION OF THE OPERA ART FORM TO OVER 10,000 INDIVIDUALS ANNUALLY. IN ITS THIRD YEAR, OPERA @ THE WATERFRONT - A FREE OUTDOOR CONCERT - ATTRACTED OVER 4,000 PEOPLE PALM BEACH OPERA SERVES OVER 2,000 LOCAL YOUNG PEOPLE THROUGH OUR EDUCATION PROGRAMS, PROVIDING SUPPLEMENTARY EDUCATIONAL MATERIALS FOR EDUCATORS THAT FIT STATE ACADEMIC STANDARDS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0189644
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt018045
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS - DIRECT PRODUCTION COSTS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0415204
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04148950
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06349
IRS990/PYOtherExpensesAmt02594024
IRS990/PYOtherRevenueAmt0128845
IRS990/PYProgramServiceRevenueAmt01107500
IRS990/PYRevenuesLessExpensesAmt0142803
IRS990/PYSalariesCompEmpBnftPaidAmt02654817
IRS990/PYTotalExpensesAmt05248841
IRS990/PYTotalRevenueAmt05391644
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-291296
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01015652
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01431428
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01454628
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 36,542 FUNDRAISING 616,154
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02657055
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04148950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03394800

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.$8.90$1.91$6.99$5.04$6.43$1.39
2023Detailed filing. Detailed filing data is available for this year.$10.2$1.73$8.48$4.22$5.74$1.52
2022Detailed filing. Detailed filing data is available for this year.$12.9$2.81$10.1$9.92$5.07$4.85
2021Detailed filing. Detailed filing data is available for this year.$5.61$0.69$4.92$3.19$4.22$1.03
2020Detailed filing. Detailed filing data is available for this year.$6.19$1.04$5.15$4.32$5.20$0.88
2019Summary only. Only limited summary data is available for this year.$6.76$0.71$6.05$8.92$5.52$3.41
2018Summary only. Only limited summary data is available for this year.$3.48$0.80$2.67$5.15$5.28$0.13
2017Summary only. Only limited summary data is available for this year.$3.62$0.78$2.84$5.40$4.63$0.76
2016Detailed filing. Detailed filing data is available for this year.$3.33$1.21$2.12$4.02$4.31$0.29
2016Detailed filing. Detailed filing data is available for this year.$3.33$1.21$2.12$4.14$4.43$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.57$1.14$2.43$5.39$5.25$0.14
2014Summary only. Only limited summary data is available for this year.$2.87$0.58$2.29$4.60$4.10$0.49
2013Summary only. Only limited summary data is available for this year.$3.21$1.41$1.79$4.02$3.92$0.10
2012Summary only. Only limited summary data is available for this year.$3.12$1.43$1.69$4.45$4.59$0.14