Civic Intelligence

Austin Lyric Opera

EIN 74-2390496 • 501(c)3 • Austin, TX

Profile

Austin opera leverages the multidisciplinary, collaborative, and transcendent power of opera to increase the quality of life for our diverse community by: - bringing together local and national artists to create outstanding, meaningful operatic performances and experiences. - partnering with local school and community groups to provide robust, responsive educational programs that inspire and engage. - leading the development of new, innovative strategies that increase the scope and impact of the operatic medium in austin and beyond.

5811 Trade Center Dr Bld 1Austin, TX 78744

www.austinopera.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.26x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.31x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

6th percentile

-52%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-25%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-26%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$11,728,810

Up $7,898,611 (+206%) from 2023

Liabilities

Up

$5,902,184

Up $4,904,847 (+492%) from 2023

Net Assets

Up

$5,826,626

Up $2,993,764 (+106%) from 2023

Revenue

Up

$7,718,762

Up $4,456,128 (+137%) from 2023

Expenses

Down

$4,891,693

Down $69,379 (-1.4%) from 2023

Net Income

Up

$2,827,069

Up $4,525,507 (+266%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $3,508,860Liabilities 2010: $1,905,660Net Assets 2010: $1,603,2002010Assets 2011: $4,156,216Liabilities 2011: $2,511,237Net Assets 2011: $1,644,9792011Assets 2012: $3,937,897Liabilities 2012: $587,843Net Assets 2012: $3,350,0542012Assets 2013: $4,414,772Liabilities 2013: $589,866Net Assets 2013: $3,824,9062013Assets 2014: $4,345,579Liabilities 2014: $644,227Net Assets 2014: $3,701,3522014Assets 2015: $4,443,881Liabilities 2015: $742,312Net Assets 2015: $3,701,5692015Assets 2016: $3,948,782Liabilities 2016: $694,212Net Assets 2016: $3,254,5702016Assets 2017: $4,982,807Liabilities 2017: $804,051Net Assets 2017: $4,178,7562017Assets 2018: $4,125,679Liabilities 2018: $603,358Net Assets 2018: $3,522,3212018Assets 2019: $3,809,833Liabilities 2019: $623,683Net Assets 2019: $3,186,1502019Assets 2020: $4,001,745Liabilities 2020: $846,744Net Assets 2020: $3,155,0012020Assets 2021: $5,702,498Liabilities 2021: $889,763Net Assets 2021: $4,812,7352021Assets 2022: $5,079,323Liabilities 2022: $684,340Net Assets 2022: $4,394,9832022Assets 2023: $3,830,199Liabilities 2023: $997,337Net Assets 2023: $2,832,8622023Assets 2024: $11,728,810Liabilities 2024: $5,902,184Net Assets 2024: $5,826,6262024

Highlighted filing

2024

Assets$11,728,810
Liabilities$5,902,184
Net Assets$5,826,626

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $4,437,8672010Expenses 2011: $4,258,9442011Expenses 2012: $4,033,1492012Expenses 2013: $2,829,4872013Revenue 2014: $2,974,227Expenses 2014: $3,246,603Net Income 2014: -$272,3762014Revenue 2015: $3,750,986Expenses 2015: $3,686,056Net Income 2015: $64,9302015Revenue 2016: $3,457,949Expenses 2016: $3,863,320Net Income 2016: -$405,3712016Revenue 2017: $4,836,972Expenses 2017: $4,105,660Net Income 2017: $731,3122017Revenue 2018: $3,761,346Expenses 2018: $4,358,787Net Income 2018: -$597,4412018Revenue 2019: $3,927,268Expenses 2019: $4,256,583Net Income 2019: -$329,3152019Revenue 2020: $3,430,334Expenses 2020: $3,445,973Net Income 2020: -$15,6392020Revenue 2021: $4,387,471Expenses 2021: $3,142,753Net Income 2021: $1,244,7182021Revenue 2022: $4,414,312Expenses 2022: $4,447,216Net Income 2022: -$32,9042022Revenue 2023: $3,262,634Expenses 2023: $4,961,072Net Income 2023: -$1,698,4382023Revenue 2024: $7,718,762Expenses 2024: $4,891,693Net Income 2024: $2,827,0692024

Highlighted filing

2024

Revenue$7,718,762
Expenses$4,891,693
Net Income$2,827,069

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.7$5.90$5.83$7.72$4.89$2.83
2023Detailed filing. Detailed filing data is available for this year.$3.83$1.00$2.83$3.26$4.96$1.70
2022Detailed filing. Detailed filing data is available for this year.$5.08$0.68$4.39$4.41$4.45$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$0.89$4.81$4.39$3.14$1.24
2020Detailed filing. Detailed filing data is available for this year.$4.00$0.85$3.16$3.43$3.45$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.81$0.62$3.19$3.93$4.26$0.33
2018Detailed filing. Detailed filing data is available for this year.$4.13$0.60$3.52$3.76$4.36$0.60
2017Detailed filing. Detailed filing data is available for this year.$4.98$0.80$4.18$4.84$4.11$0.73
2016Detailed filing. Detailed filing data is available for this year.$3.95$0.69$3.25$3.46$3.86$0.41
2015Detailed filing. Detailed filing data is available for this year.$4.44$0.74$3.70$3.75$3.69$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.35$0.64$3.70$2.97$3.25$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.59$3.82$2.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.59$3.35$4.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$2.51$1.64$4.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$1.91$1.60$4.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 10, 2025
Return Version
2023v6.0
Gross Receipts
$7,994,109
Mission and Program Overview

Mission

To produce operatic performances and educational programs that meet and preserve the highest standards of artistic excellence that culturally enrich the lives of texans. This commitment is comprised of four essential goals:1. Creating operatic productions that attain the highest artistic standards;2. Conveying the operatic art form in ways that make it intellectually and financially accessible to the most diverse as possible audience;3. Providing lifelong educational opportunities and programming to the community, regardless of skill, ethnicity, orientation or financial ability;4. Ensuring the future of the organization through consistent and responsible resource management.

To provide operatic performances and educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$74,232$4,578,375▲ $4,504,143
Loans From Officers Directors$0$4,500,000▲ $4,500,000
Investments in Publicly Traded Securities$0$2,807,083▲ $2,807,083
Investments Other Securities$2,331,851$0▼ $2,331,851
Pledges and Grants Receivable$665,935$1,665,539▲ $999,604
Cash and Non-Interest-Bearing Accounts$80,216$1,128,598▲ $1,048,382
Savings and Temporary Cash Investments$381,429$900,030▲ $518,601
Prepaid Expenses and Deferred Charges$62,299$64,650▲ $2,351
Accounts Receivable$15,140$25,124▲ $9,984
Total Assets$3,830,199$11,728,810▲ $7,898,611
Other Assets Total$219,097$559,411▲ $340,314
Liabilities
Other Liabilities$360,708$695,451▲ $334,743
Deferred Revenue$522,142$618,912▲ $96,770
Accounts Payable and Accrued Expenses$114,487$87,821▼ $26,666
Total Liabilities$997,337$5,902,184▲ $4,904,847
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,257,533$4,256,754▲ $1,999,221
Net Assets With Donor Restrictions$575,329$1,569,872▲ $994,543
Total Net Assets Fund Balance$2,832,862$5,826,626▲ $2,993,764
Total Liabilities and Net Assets / Fund Balance$3,830,199$11,728,810▲ $7,898,611

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,977,016$8,303$3,985,319
Land$558,657-$558,657
Leasehold Improvements$1,266$276,627$277,893
Equipment$39,223$169,898$209,121
Other Land Buildings$2,213$50,732$52,945

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$9,253,980$120,510▲ $780,065-$9,820,759
2022$8,987,128$32,246▲ $547,851-$9,253,980
2021$7,326,360$2,765,745▼ $770,040-$8,987,128
2020$5,515,714$250,250▲ $1,818,936-$7,326,360
2019$5,331,031$500,063▼ $87,733-$5,515,714
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Burridge Anne MGeneral DirectorFT$227,299$18,435$245,734
Basten JenniferChief Advancement OfficerFT$124,167$14,493$138,660

Board Members and Trustees

NameTitle
Barrett TinaChair, Dei Committee
Damore PaulaChair, Development Committee
O'REILLY SISSIChair, Education Committee
Green JamesChair, Finance Committee
Powell BrianChair, Trustees Committee
Jeffrey StephenEndowment Chair, Past President
Kodosky JeffPast Board Chair
Erspamer MichaelBoard President
Walsh-knuston CarolBoard Secretary
Eakin DennisTrustee
Ellerman ChrisTrustee
Epsztein MichelTrustee
Fox DarylTrustee
Golm LouisTrustee
Gutt ManuelaTrustee
Heller AndrewTrustee
Hernandez Haddad HumbertoTrustee
Jabour DavidTrustee
Kahng MariaTrustee
Kaur SangeetaTrustee
Larcher JohannesTrustee
Logan CarolTrustee
Metteauer MichaelTrustee
Ramirez EnriqueTrustee
Sessler JonathanTrustee
Tetzlaff SusanneTrustee
Tobey DavidTrustee
Tyler StevenTrustee
Villalta ThomasTrustee
Wallace JoniTrustee
Waltz ElisabethTrustee
Wang LorraineTrustee
Whorton JimTrustee
Wilks JenniferTrustee
Womack EvaTrustee
Stewart JayLegal Council

Highest Paid Contractors

ContractorServicesLocationCompensation
Timothy Myers LLCArtistic Advisor3303 WHITE OAK ROAD, Raleigh, NC 27609$155,191
Revenue and Support

Revenue Composition

Contributions and Grants
$6,363,761
Program Service Revenue
$1,247,377
Investment Income
$56,176
Other Revenue
$51,448
All Other Contributions
$5,391,925
Change in Net Assets
$2,827,069

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 AmountValuation Method
Securities Publicly Traded7$109,895Fair Market Value
Other Non Cash Contri Table1$21,725Fair Market Value
Total Noncash Contributions8$131,620-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,718,655
Salaries, Compensation, and Employee Benefits$2,173,038
Total Fundraising Expense$657,225
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$874,719$403,976$303,881$1,582,576
Fees for Services Other$758,746$90,557$14,572$863,875
Occupancy$494,757$21,327$47,247$563,331
Office Expenses$262,748$137,845$81,845$482,438
Travel$203,853$14,434$87,042$305,329
Current Officers, Directors, Trustees, and Key Employees$149,315$68,959$51,873$270,147
Fees for Services Accounting-$183,839-$183,839
Payroll Taxes$97,156$31,890$27,922$156,968
Other Employee Benefits$57,426$49,063$30,432$136,921
Advertising-$102,671-$102,671
Information Technology$128$95,786$5,000$100,914
Depreciation Depletion$14,480$25,353-$39,833
Royalties$27,100--$27,100
Pension Plan Contributions$14,606$6,746$5,074$26,426
Insurance-$20,002-$20,002
Interest-$19,307-$19,307
Conferences and Meetings$3,436$1,545$2,337$7,318
Other Expenses-$1,518-$1,518
Fees for Services Legal-$1,180-$1,180
Total Functional Expenses$2,958,470$1,275,998$657,225$4,891,693
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$326,795
Fundraising Direct Expenses$275,347
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Dinner and Auction$581,732$258,752$59,127$199,625
Opening Night Dinner$77,368$60,543$13,107$47,436
Total Events$689,100$326,795$275,347$51,448
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$4,500,000▲ $4,500,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$540,750
Sba Eidl$154,701
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Investment management duties were delegated to the jewish federation of metropolitan chicago (jfmc) by the board as authorized under the bylaws of the organization. The opera closed the accounts with jfmc in july 2023. The funds were transferred to pnc bank institutional asset management.

Form 990, Part VI, Section A, Line 8B

The organization doesn't contemporaneously document all committee meetings. The board of trustee meetings are documented by minutes, some committee meetings are documented.

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

The form 990 is reviewed by the director of business operations, the cfo client consultant, the general director & ceo, the finance committee, and is distributed to the board of directors before being filed with the irs.

Form 990, Part VI, Section B, Line 12C

Signature/acceptance of the policy is collected annually.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Austin Lyric Opera
EIN
74-2390496
Phone
5124725992
Address
5811 TRADE CENTER DR BLD 1, AUSTIN, TX 78744

Signing Officer

Name
Anne M Burridge
Title
General Director
Phone
5124725992
Signed
2025-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne M Burridge
Formed
1985
Legal Domicile
TX
Voting Board Members
36
Independent Board Members
36
Employees
244
Volunteers
100

Preparer

Firm
Atchley & Associates Llp
Address
1005 LA POSADA DRIVE, AUSTIN, TX 78752
Preparer
Renae Duncan
Phone
5123462086
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 74,189. Management and general expenses 90,557. Fundraising expenses 14,572. Total expenses 179,318. Performers, conductors, directors: program service expenses 684,557. Management and general expenses 0. Fundraising expenses 0. Total expenses 684,557.

Part XII, Line 2C Explanation

The oversight of the audit and selection process for the audit committee did not change from the prior year.

Financial Statement Notes

PART V, LINE 4:

To provide financial support to the opera.

PART X, LINE 2:

The opera is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except to the extent of unrelated business income, if any. The opera adopted fasb asc 740-10, accounting for uncertainty in income tax. That standard prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statements. It also provides guidance for de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The tax returns for the years ended june 30, 2021, and after are open to examination by federal and local authorities.

Raw XML AppendixShowing 400 of 849 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/Form990PartVIISectionAGrp/TitleTxt0CHAIR, DEI COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR, DEVELOPMENT COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR, FINANCE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11ENDOWMENT CHAIR, PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13PAST BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHAIR, EDUCATION COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHAIR, TRUSTEES COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23LEGAL COUNCIL
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt30TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt31TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt32TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt33TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt34TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt35TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt36GENERAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37CHIEF ADVANCEMENT OFFICER
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