Civic Intelligence

Opera Steamboat

990 • Fiscal year 2020 • EIN 72-1520777

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 27, 2021

PO Box 775576Steamboat Springs, CO 80477-5576

(970) 879-1996

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.01x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

81st percentile

35%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

83%

Faster asset growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-6.7%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$205,408

Up $93,428 (+83%) from 2019

Net Assets

Up

$202,604

Up $92,625 (+84%) from 2019

Liabilities

Up

$2,804

Up $803 (+40%) from 2019

Revenue

Down

$267,010

Down $19,223 (-6.7%) from 2019

Expenses

Down

$174,714

Down $102,009 (-37%) from 2019

Net Income

Up

$92,296

Up $82,786 (+871%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $4,682Liabilities 2011: $26,7732011Assets 2012: $4,001Liabilities 2012: $25,6362012Assets 2013: $1,403Liabilities 2013: $12,8812013Assets 2014: $4,865Liabilities 2014: $15,3412014Assets 2015: $24,415Liabilities 2015: $2,0382015Assets 2016: $39,729Liabilities 2016: $2,8062016Assets 2017: $99,058Liabilities 2017: $1,993Net Assets 2017: $97,0652017Assets 2018: $101,261Liabilities 2018: $486Net Assets 2018: $100,7752018Assets 2019: $111,980Liabilities 2019: $2,001Net Assets 2019: $109,9792019Assets 2020: $205,408Liabilities 2020: $2,804Net Assets 2020: $202,6042020Assets 2021: $301,718Liabilities 2021: $2,594Net Assets 2021: $299,1242021Assets 2022: $148,214Liabilities 2022: $1,184Net Assets 2022: $147,0302022Assets 2023: $124,144Liabilities 2023: $8,747Net Assets 2023: $115,3972023Assets 2024: $90,415Liabilities 2024: $571Net Assets 2024: $89,8442024

Highlighted filing

2020

Assets$205,408
Liabilities$2,804
Net Assets$202,604

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $84,862Expenses 2011: $80,286Net Income 2011: $4,5762011Revenue 2012: $104,664Expenses 2012: $104,208Net Income 2012: $4562012Revenue 2013: $81,152Expenses 2013: $70,964Net Income 2013: $10,1882013Revenue 2014: $110,158Expenses 2014: $109,156Net Income 2014: $1,0022014Revenue 2015: $153,239Expenses 2015: $120,153Net Income 2015: $33,0862015Revenue 2016: $188,056Expenses 2016: $171,109Net Income 2016: $16,9472016Revenue 2017: $266,020Expenses 2017: $205,878Net Income 2017: $60,1422017Revenue 2018: $261,589Expenses 2018: $258,413Net Income 2018: $3,1762018Revenue 2019: $286,233Expenses 2019: $276,723Net Income 2019: $9,5102019Revenue 2020: $267,010Expenses 2020: $174,714Net Income 2020: $92,2962020Revenue 2021: $487,019Expenses 2021: $390,499Net Income 2021: $96,5202021Revenue 2022: $288,467Expenses 2022: $440,561Net Income 2022: -$152,0942022Revenue 2023: $256,222Expenses 2023: $287,855Net Income 2023: -$31,6332023Revenue 2024: $261,041Expenses 2024: $261,001Net Income 2024: $402024

Highlighted filing

2020

Revenue$267,010
Expenses$174,714
Net Income$92,296
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 27, 2021
Return Version
2020v4.0
Gross Receipts
$267,010
Mission and Program Overview

Mission

The mission of opera steamboat is to enrich the well-being of our community through innovative, educational, and collaborative musical arts programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$110,308$202,604▲ $92,296
Savings and Temporary Cash Investments$10,617$90,808▲ $80,191
Cash and Non-Interest-Bearing Accounts$97,852$71,487▼ $26,365
Pledges and Grants Receivable$0$41,463▲ $41,463
Accounts Receivable$2,260$0▼ $2,260
Land, Buildings, and Equipment, Net$1,580$1,650▲ $70
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$112,309$205,408▲ $93,099
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$1,501$1,766▲ $265
Accounts Payable and Accrued Expenses$500$1,038▲ $538
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,001$2,804▲ $803
Net Assets / Fund Balance
Total Net Assets Fund Balance$110,308$202,604▲ $92,296
Total Liabilities and Net Assets / Fund Balance$112,309$205,408▲ $93,099

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,650$3,261$4,911
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$254,442
Program Service Revenue
$12,377
Investment Income
$191
Other Revenue
$0
All Other Contributions
$195,276
Change in Net Assets
$92,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,391
Salaries, Compensation, and Employee Benefits$61,195
Total Fundraising Expense$10,533
Professional Fundraising Fees$9,128
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$37,788$19,058$0$56,846
Fees for Services Other$42,267$0$0$42,267
Fees for Services Management$18,407$3,937$0$22,344
Advertising$11,586$320$0$11,906
Fees for Services Professional Fundraising--$9,128$9,128
Office Expenses-$7,444$0$7,444
Occupancy$3,130$2,186$0$5,316
Information Technology$0$4,759$0$4,759
Travel$2,801$1,561$0$4,362
Payroll Taxes$0$4,349$0$4,349
Insurance$0$1,879$0$1,879
Other Expenses$0$0$1,405$1,405
Conferences and Meetings$0$431$0$431
Depreciation Depletion$0$300$0$300
Total Functional Expenses$117,957$46,224$10,533$174,714
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$9,128
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Colorado income tax due$60
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 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, Part VI, Section A, Line 2

Trustees Jack Dysart and Carole Milligan are married

Form 990, Part VI, Section B, Line 11B

Each Trustee is provided a copy of the form 990, and a financial review is included in each board meeting agenda for them to discuss and questions from any member of the board.

Form 990, Part VI, Section B, Line 15

Opera Steamboat hired a General and Artistic Director in July 2020. A list of Colorado nonprofit pay scales was obtained and reviewed by the Trustees. A brief survey of local nonprofit Executive Director pay levels was used to validate the compensation offered to the new hire.

Form 990, Part VI, Section C, Line 18

Financial data are filed with the Colorado Secretary of Stare and are available to the public. Financial statements are routinely provided to grantors and other interested organizations.

Form 990, Part VI, Section C, Line 19

Articles of Incorporation are filed with the Colorado Secretary of Stare and are available to the public. Conflict of interest policy has not been filed for public view, but is available on request. Financial statements are routinely provided to grantors and other interested organizations.

Filing and Contact Details

Filer

Filer Name
Opera Steamboat
EIN
72-1520777
Phone
9708791996
Address
PO Box 775576, Steamboat Springs, CO 80477-5576

Signing Officer

Name
Jack Dysart
Title
Treasurer
Phone
9708464547
Signed
2021-04-27

Organization Details

Principal Officer
Jack Dysart
Formed
2002
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
20
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Opera Steamboat increased use of virtual music performances due to COVID restrictions on live use of venues.

Form 990, Part IX, Line 11G

Performing artists and opera production personnel paid as independent contractors

Raw XML AppendixShowing 400 of 639 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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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04759
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt04759
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01879
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt01879
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0191
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0191
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt046464
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03261
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01580
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01650
IRS990/LandBldgEquipCostOrOtherBssAmt04911
IRS990/LegalDomicileStateCd0CO
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The Mission of Opera Steamboat is to enrich the well-being of our community through innovative, educational, and collaborative musical arts programs.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0110308
IRS990/NetAssetsOrFundBalancesEOYAmt0202604
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02186
IRS990/OccupancyGrp/ProgramServicesAmt03130
IRS990/OccupancyGrp/TotalAmt05316
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07444
IRS990/OfficeExpensesGrp/TotalAmt07444
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Artist housing and meals
IRS990/OtherExpensesGrp/Desc1Production support, sets, lighting, costumes
IRS990/OtherExpensesGrp/Desc2Fundraising expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt21405
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0324
IRS990/OtherExpensesGrp/ProgramServicesAmt11654
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt0324
IRS990/OtherExpensesGrp/TotalAmt11654
IRS990/OtherExpensesGrp/TotalAmt21405
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt01501
IRS990/OtherLiabilitiesGrp/EOYAmt01766
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019058
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037788
IRS990/OtherSalariesAndWagesGrp/TotalAmt056846
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04349
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt04349
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt041463
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jack Dysart
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/BusinessCd1711190
IRS990/ProgramServiceRevenueGrp/Desc0Ticket sales
IRS990/ProgramServiceRevenueGrp/Desc1Program fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03717
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03717
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18660
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Voice and performance workshop aka Opera Artist Institute for aspiring professional singers. Due to COVID closures, all young artist training was virtual in 2020.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt028375
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt07460
IRS990/ProgSrvcAccomActy3Grp/Desc0Education and Outreach including a virtual Opera in the Schools program serving over 1,100 students and 17 schools in NW Colorado, and Vocal Workshops for people with special needs (autism, Parkinson's disease, Down syndrome).

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.01$0.90$2.61$2.61$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.09$1.15$2.56$2.88$0.32
2022Detailed filing. Detailed filing data is available for this year.$1.48$0.01$1.47$2.88$4.41$1.52
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.03$2.99$4.87$3.90$0.97
2020Detailed filing. Detailed filing data is available for this year.$2.05$0.03$2.03$2.67$1.75$0.92
2019Summary only. Only limited summary data is available for this year.$1.12$0.02$1.10$2.86$2.77$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$2.62$2.58$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.02$0.97$2.66$2.06$0.60
2016Summary only. Only limited summary data is available for this year.$0.40$0.03$1.88$1.71$0.17
2015Summary only. Only limited summary data is available for this year.$0.24$0.02$1.53$1.20$0.33
2014Summary only. Only limited summary data is available for this year.$0.05$0.15$1.10$1.09$0.01
2013Summary only. Only limited summary data is available for this year.$0.01$0.13$0.81$0.71$0.10
2012Summary only. Only limited summary data is available for this year.$0.04$0.26$1.05$1.04$0.00
2011Summary only. Only limited summary data is available for this year.$0.05$0.27$0.85$0.80$0.05