Civic Intelligence

Opera Memphis Inc.

990 • Fiscal year 2015 • EIN 62-0785544

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 16, 2016

6745 Wolf River ParkwayMemphis, TN 38120

(901) 257-3100

Siviq Scores

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

Liabilities / Assets

51st percentile

0.19x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.59x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

37th percentile

$93,174

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

75th percentile

10%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

83%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$7,093,296

Up $664,211 (+10%) from 2014

Net Assets

Up

$5,745,924

Up $694,036 (+14%) from 2014

Liabilities

Down

$1,347,372

Down $29,825 (-2.2%) from 2014

Revenue

Up

$2,272,066

Up $1,031,182 (+83%) from 2014

Expenses

Down

$1,484,005

Down $113,678 (-7.1%) from 2014

Net Income

Up

$788,061

Up $1,144,860 (+321%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $7,311,987Liabilities 2010: $1,800,695Net Assets 2010: $5,511,2922010Assets 2011: $7,217,343Liabilities 2011: $1,400,342Net Assets 2011: $5,817,0012011Assets 2012: $6,625,239Liabilities 2012: $1,195,102Net Assets 2012: $5,430,1372012Assets 2013: $6,308,519Liabilities 2013: $1,110,942Net Assets 2013: $5,197,5772013Assets 2014: $6,429,085Liabilities 2014: $1,377,197Net Assets 2014: $5,051,8882014Assets 2015: $7,093,296Liabilities 2015: $1,347,372Net Assets 2015: $5,745,9242015Assets 2016: $7,084,479Liabilities 2016: $1,325,246Net Assets 2016: $5,759,2332016Assets 2017: $7,138,661Liabilities 2017: $1,154,735Net Assets 2017: $5,983,9262017Assets 2018: $6,343,322Liabilities 2018: $996,612Net Assets 2018: $5,346,7102018Assets 2019: $5,666,832Liabilities 2019: $755,460Net Assets 2019: $4,911,3722019Assets 2020: $5,129,122Liabilities 2020: $893,930Net Assets 2020: $4,235,1922020Assets 2021: $5,854,981Liabilities 2021: $766,273Net Assets 2021: $5,088,7082021Assets 2022: $5,037,117Liabilities 2022: $77,015Net Assets 2022: $4,960,1022022Assets 2023: $5,948,839Liabilities 2023: $576,641Net Assets 2023: $5,372,1982023Assets 2024: $5,764,614Liabilities 2024: $507,773Net Assets 2024: $5,256,8412024Assets 2025: $5,672,069Liabilities 2025: $377,463Net Assets 2025: $5,294,6062025

Highlighted filing

2015

Assets$7,093,296
Liabilities$1,347,372
Net Assets$5,745,924

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,447,9392010Revenue 2011: $1,360,155Expenses 2011: $1,498,001Net Income 2011: -$137,8462011Expenses 2012: $1,615,6642012Expenses 2013: $1,521,4972013Revenue 2014: $1,240,884Expenses 2014: $1,597,683Net Income 2014: -$356,7992014Revenue 2015: $2,272,066Expenses 2015: $1,484,005Net Income 2015: $788,0612015Revenue 2016: $1,641,084Expenses 2016: $1,552,833Net Income 2016: $88,2512016Revenue 2017: $1,776,465Expenses 2017: $1,705,149Net Income 2017: $71,3162017Revenue 2018: $946,471Expenses 2018: $1,623,169Net Income 2018: -$676,6982018Revenue 2019: $1,124,575Expenses 2019: $1,542,537Net Income 2019: -$417,9622019Revenue 2020: $880,971Expenses 2020: $1,318,175Net Income 2020: -$437,2042020Revenue 2021: $1,458,183Expenses 2021: $980,192Net Income 2021: $477,9912021Revenue 2022: $1,438,726Expenses 2022: $1,252,242Net Income 2022: $186,4842022Revenue 2023: $1,091,881Expenses 2023: $1,043,887Net Income 2023: $47,9942023Revenue 2024: $952,508Expenses 2024: $1,442,973Net Income 2024: -$490,4652024Revenue 2025: $1,150,882Expenses 2025: $1,511,048Net Income 2025: -$360,1662025

Highlighted filing

2015

Revenue$2,272,066
Expenses$1,484,005
Net Income$788,061
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$2,469,179
Mission and Program Overview

Mission

The mission of opera memphis is to entertain and inspire the people of memphis and the mid-south through the art of opera.

Opera memphis' mission is to provide top quality main stage programming and educational enrichment to memphis and the midsouth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,388,738$4,269,556▼ $119,182
Investments Other Securities$1,723,575$1,513,629▼ $209,946
Pledges and Grants Receivable$163,750$1,147,948▲ $984,198
Cash and Non-Interest-Bearing Accounts$127,959$124,984▼ $2,975
Accounts Receivable$7,054$30,607▲ $23,553
Prepaid Expenses and Deferred Charges$11,868$2,972▼ $8,896
Total Assets$6,429,085$7,093,296▲ $664,211
Other Assets Total$6,141$3,600▼ $2,541
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,265,699$1,271,208▲ $5,509
Deferred Revenue$63,878$46,583▼ $17,295
Accounts Payable and Accrued Expenses$37,457$28,176▼ $9,281
Other Liabilities$10,163$1,405▼ $8,758
Total Liabilities$1,377,197$1,347,372▼ $29,825
Net Assets / Fund Balance
Unrestricted Net Assets$3,270,813$3,204,847▼ $65,966
Temporarily Rstr Net Assets$1,781,075$2,541,077▲ $760,002
Total Net Assets Fund Balance$5,051,888$5,745,924▲ $694,036
Total Liabilities and Net Assets / Fund Balance$6,429,085$7,093,296▲ $664,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,830,529$1,289,782$4,120,311
Land$1,358,590-$1,358,590
Equipment$80,437$591,721$672,158
Other Securities$471,840--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward CantyGeneral DirectorFT$82,000$11,174$93,174
Revenue and Support

Revenue Composition

Contributions and Grants
$2,046,758
Program Service Revenue
$209,375
Investment Income
$0
Other Revenue
$15,933
All Other Contributions
$2,046,758
Change in Net Assets
$788,061

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,469,179
Revenue Not Reported on Financial Statements
$-197,113
Revenue Not Reported on Form 990
$-94,025
Other Revenue Adjustments
$-197,113
Total Revenue per Audited Statements
$2,375,154
Total Revenue per Form 990
$2,272,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,006,737
Salaries, Compensation, and Employee Benefits$477,268
Total Fundraising Expense$153,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$210,229$52,263$85,090$347,582
Depreciation Depletion$70,506$61,187$2,670$134,363
Advertising$104,432--$104,432
Current Officers, Directors, Trustees, and Key Employees$51,246$27,020$14,908$93,174
Occupancy$39,378$31,936$3,339$74,653
Interest$28,120$25,007$1,091$54,218
Payroll Taxes$21,660$6,568$8,284$36,512
Insurance$16,776$14,921$651$32,348
Other Expenses$21,687$17,417$31,373$31,373
Fees for Services Accounting-$19,903-$19,903
Office Expenses$10,900$3,306$4,170$18,376
Fees for Services Other$9,378$5,145-$14,523
Conferences and Meetings-$9,039-$9,039
All Other Expenses-$-143,032-$-143,032
Total Functional Expenses$1,166,757$163,732$153,516$1,484,005

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,681,118
Expenses per Audited Statements$1,484,005
Total Expenses per Form 990$1,484,005
Expenses Not Reported on Form 990$197,113
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,480
Fundraising Direct Expenses$36,217
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wild Game Dinner$43,480$43,480$36,217$7,263
Total Events$43,480$43,480$36,217$7,263
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligations$1,405
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 is emailed to the board and discussed at the following board meeting before it is approved.

Form 990, Part VI, Section C, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Opera Memphis Inc
EIN
62-0785544
Phone
9012573100
Address
6745 WOLF RIVER PARKWAY, MEMPHIS, TN 38120

Signing Officer

Name
Edward Canty
Title
General Director
Phone
9012573100
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Canty
Formed
1956
Legal Domicile
Tn
Voting Board Members
26
Independent Board Members
26
Employees
12
Volunteers
50

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DR STE 300, MEMPHIS, TN 38120
Preparer
Daniel J Moore
Phone
9017612720
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses - form 990, pg. 9, line 8b -36,217. Rental expenses - form 990, pg. 9, line 6b -160,896.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses - form 990, pg. 9, line 8b 36,217. Rental expenses - form 990, pg. 9, line 6b 160,896.

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IRS990/Desc0WE CURRENTLY DELIVER FOUR TO SIX MAINSTAGE SHOWS PER SEASON, FEATURING WORLD-CLASS SINGERS, AND ACCOMPANIED BY THE MEMPHIS SYMPHONY ORCHESTRA. THESE PRODUCTIONS ATTRACT THOUSANDS OF LOCAL PATRONS, ALONG WITH OPERA-LOVERS FROM ST. LOUIS, ATLANTA, NEW YORK, AND ELSEWHERE. WE PERFORM AT VENUES INCLUDING THE GERMANTOWN PERFORMING ARTS CENTER, THE ORPHEUM, AND PLAYHOUSE ON THE SQUARE.IN ADDITION TO OUR MAINSTAGE OPERAS, WE HOST A VARIETY OF YEAR-ROUND EDUCATIONAL PROGRAMS FOR YOUNG PEOPLE RANGING FROM PRE-K ALL THE WAY THROUGH HIGH SCHOOL. OUR EFFORTS INCLUDE: ORIGINAL CHILDRENS OPERAS; A BEGINNERS GUIDE TO OPERA; A YOUTH CONSERVATORY CAMP; AND A TOURING SERIES THAT CELEBRATES FAMOUS BLACK OPERA SINGERS. WE OFFER THESE PROGRAMS AT OVER 100 LOCAL SCHOOLS, HOSPITALS, AND COMMUNITY ORGANIZATIONS, AND WE REACH MORE THAN 17,000 YOUNG PEOPLE EACH YEAR. THE MAJORITY OF OUR AUDIENCE MEMBERS FOR THESE PROGRAMS ARE FROM LOW-INCOME AND HISTORICALLY UNDER-SERVED POPULATIONS.IN FALL 2012, WE LAUNCHED ANOTHER AMBITIOUS PROGRAM CALLED 30 DAYS OF OPERA PRESENTED BY EVOLVE BANK & TRUST THE COUNTRYS FIRST-EVER MONTH-LONG OPERA EXTRAVAGANZA. DURING THE COURSE OF 30 CONSECUTIVE DAYS, WE PRESENT OVER 50 SAMPLE-SIZED PERFORMANCES AT MORE THAN 40 DIFFERENT LOCATIONS ALL OVER THE MEMPHIS REGION. IN ITS FIRST TWO YEARS, THE 30 DAYS PROGRAM HAS INTRODUCED OPERA TO MORE THAN 50,000 CHILDREN AND ADULTS. IN THIS WAY, WE ARE LEAVING A TRAIL OF BREADCRUMBS ALL OVER OUR COMMUNITY LEADING PEOPLE OF EVERY AGE, RACE, AND BACKGROUND TO THE OPERA HOUSE.
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IRS990/Form990PartVIISectionAGrp/PersonNm16FRANK LIDDELL
IRS990/Form990PartVIISectionAGrp/PersonNm17JOSH LIPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm18DR CHARLES MANSBACH
IRS990/Form990PartVIISectionAGrp/PersonNm19CHARLES REAVES
IRS990/Form990PartVIISectionAGrp/PersonNm20JOHN RYDER
IRS990/Form990PartVIISectionAGrp/PersonNm21LAURA STAFFORD
IRS990/Form990PartVIISectionAGrp/PersonNm22DR JAMES VARNER
IRS990/Form990PartVIISectionAGrp/PersonNm23DR JANE WALTERS
IRS990/Form990PartVIISectionAGrp/PersonNm24KEITH WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm25TURNER WINGO
IRS990/Form990PartVIISectionAGrp/PersonNm26EDWARD CANTY
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/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2682000
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/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2SERGEANT AT ARMS
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26GENERAL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt036217
IRS990/FundraisingGrossIncomeAmt043480
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02469179
IRS990/GrossRentsGrp/RealAmt0146318
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt026
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt0651
IRS990/InsuranceGrp/ManagementAndGeneralAmt014921
IRS990/InsuranceGrp/ProgramServicesAmt016776
IRS990/InsuranceGrp/TotalAmt032348
IRS990/InterestGrp/FundraisingAmt01091
IRS990/InterestGrp/ManagementAndGeneralAmt025007
IRS990/InterestGrp/ProgramServicesAmt028120
IRS990/InterestGrp/TotalAmt054218
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01723575
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01513629
IRS990/IRPDocumentCnt074
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01881503
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04388738
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04269556
IRS990/LandBldgEquipCostOrOtherBssAmt06151059
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/RealAmt0160896
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OPERA MEMPHIS' MISSION IS TO PROVIDE TOP QUALITY MAIN STAGE PROGRAMMING AND EDUCATIONAL ENRICHMENT TO MEMPHIS AND THE MIDSOUTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01265699
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01271208
IRS990/NetAssetsOrFundBalancesBOYAmt05051888
IRS990/NetAssetsOrFundBalancesEOYAmt05745924
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt07263
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07263
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-14578
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-14578
IRS990/NetUnrelatedBusTxblIncmAmt0-2765
IRS990/NetUnrlzdGainsLossesInvstAmt0-94025
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03339
IRS990/OccupancyGrp/ManagementAndGeneralAmt031936
IRS990/OccupancyGrp/ProgramServicesAmt039378
IRS990/OccupancyGrp/TotalAmt074653
IRS990/OfficeExpensesGrp/FundraisingAmt04170
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03306
IRS990/OfficeExpensesGrp/ProgramServicesAmt010900
IRS990/OfficeExpensesGrp/TotalAmt018376
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06141
IRS990/OtherAssetsTotalGrp/EOYAmt03600
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DIRECT PRODUCTION & EDU
IRS990/OtherExpensesGrp/Desc1RENT EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3DEVELOPMENT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt01940
IRS990/OtherExpensesGrp/FundraisingAmt131373
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033052
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117417
IRS990/OtherExpensesGrp/ProgramServicesAmt0557978
IRS990/OtherExpensesGrp/ProgramServicesAmt124467
IRS990/OtherExpensesGrp/ProgramServicesAmt221687
IRS990/OtherExpensesGrp/TotalAmt0557978
IRS990/OtherExpensesGrp/TotalAmt157519
IRS990/OtherExpensesGrp/TotalAmt241044
IRS990/OtherExpensesGrp/TotalAmt331373
IRS990/OtherLiabilitiesGrp/BOYAmt010163
IRS990/OtherLiabilitiesGrp/EOYAmt01405
IRS990/OtherRevenueMiscGrp/BusinessCd0711110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023248
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023248
IRS990/OtherRevenueTotalAmt023248
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt085090
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052263
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0210229
IRS990/OtherSalariesAndWagesGrp/TotalAmt0347582
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08284
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06568
IRS990/PayrollTaxesGrp/ProgramServicesAmt021660
IRS990/PayrollTaxesGrp/TotalAmt036512
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0163750
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01147948
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011868
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02972
IRS990/PrincipalOfficerNm0EDWARD CANTY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2711110

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.67$0.38$5.29$1.15$1.51$0.36
2024Detailed filing. Detailed filing data is available for this year.$5.76$0.51$5.26$0.95$1.44$0.49
2023Detailed filing. Detailed filing data is available for this year.$5.95$0.58$5.37$1.09$1.04$0.05
2022Detailed filing. Detailed filing data is available for this year.$5.04$0.08$4.96$1.44$1.25$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.85$0.77$5.09$1.46$0.98$0.48
2020Detailed filing. Detailed filing data is available for this year.$5.13$0.89$4.24$0.88$1.32$0.44
2019Detailed filing. Detailed filing data is available for this year.$5.67$0.76$4.91$1.12$1.54$0.42
2018Detailed filing. Detailed filing data is available for this year.$6.34$1.00$5.35$0.95$1.62$0.68
2017Detailed filing. Detailed filing data is available for this year.$7.14$1.15$5.98$1.78$1.71$0.07
2016Detailed filing. Detailed filing data is available for this year.$7.08$1.33$5.76$1.64$1.55$0.09
2015Detailed filing. Detailed filing data is available for this year.$7.09$1.35$5.75$2.27$1.48$0.79
2014Detailed filing. Detailed filing data is available for this year.$6.43$1.38$5.05$1.24$1.60$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$1.11$5.20$1.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.63$1.20$5.43$1.62
2011Summary only. Only limited summary data is available for this year.$7.22$1.40$5.82$1.36$1.50$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.31$1.80$5.51$1.45