Civic Intelligence

Opera Montana

990 • Fiscal year 2020 • EIN 81-0382552

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 17, 2021

PO Box 37Bozeman, MT 59771

(406) 587-2889

Siviq Scores

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

Liabilities / Assets

75th percentile

0.10x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.06x

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

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

Net Margin

31st percentile

-7.3%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

91st percentile

$49,406

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

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

Asset Growth

25th percentile

-12%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

40th percentile

-25%

Faster revenue growth than 40% of similar nonprofits.

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

Assets

Down

$256,911

Down $35,141 (-12%) from 2019

Net Assets

Down

$231,204

Down $35,654 (-13%) from 2019

Liabilities

Up

$25,707

Up $513 (+2.0%) from 2019

Revenue

Down

$402,870

Down $133,781 (-25%) from 2019

Expenses

Down

$432,086

Down $91,342 (-17%) from 2019

Net Income

Down

-$29,216

Down $42,439 (-321%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $186,929Liabilities 2011: $1,494Net Assets 2011: $185,4352011Assets 2012: $168,211Liabilities 2012: $7,417Net Assets 2012: $160,7942012Assets 2013: $108,263Liabilities 2013: $3,130Net Assets 2013: $105,1332013Assets 2014: $99,845Liabilities 2014: $2,237Net Assets 2014: $97,6082014Assets 2015: $222,646Liabilities 2015: $12,004Net Assets 2015: $210,6422015Assets 2016: $249,461Liabilities 2016: $13,747Net Assets 2016: $235,7142016Assets 2017: $296,743Liabilities 2017: $46,197Net Assets 2017: $250,5462017Assets 2018: $284,313Liabilities 2018: $27,549Net Assets 2018: $256,7642018Assets 2019: $292,052Liabilities 2019: $25,194Net Assets 2019: $266,8582019Assets 2020: $256,911Liabilities 2020: $25,707Net Assets 2020: $231,2042020Assets 2021: $402,541Liabilities 2021: $15,881Net Assets 2021: $386,6602021Assets 2022: $267,874Liabilities 2022: $17,629Net Assets 2022: $250,2452022Assets 2023: $320,358Liabilities 2023: $70,519Net Assets 2023: $249,8392023Assets 2024: $427,262Liabilities 2024: $101,331Net Assets 2024: $325,9312024Assets 2025: $1,136,575Liabilities 2025: $101,149Net Assets 2025: $1,035,4262025

Highlighted filing

2020

Assets$256,911
Liabilities$25,707
Net Assets$231,204

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $350,089Expenses 2011: $295,085Net Income 2011: $55,0042011Revenue 2012: $323,088Expenses 2012: $347,730Net Income 2012: -$24,6422012Expenses 2013: $377,8632013Revenue 2014: $321,030Expenses 2014: $328,555Net Income 2014: -$7,5252014Revenue 2015: $496,891Expenses 2015: $383,857Net Income 2015: $113,0342015Revenue 2016: $430,126Expenses 2016: $404,591Net Income 2016: $25,5352016Revenue 2017: $470,140Expenses 2017: $455,308Net Income 2017: $14,8322017Revenue 2018: $533,793Expenses 2018: $527,575Net Income 2018: $6,2182018Revenue 2019: $536,651Expenses 2019: $523,428Net Income 2019: $13,2232019Revenue 2020: $402,870Expenses 2020: $432,086Net Income 2020: -$29,2162020Revenue 2021: $309,633Expenses 2021: $177,915Net Income 2021: $131,7182021Revenue 2022: $421,090Expenses 2022: $529,303Net Income 2022: -$108,2132022Revenue 2023: $677,801Expenses 2023: $687,113Net Income 2023: -$9,3122023Revenue 2024: $760,013Expenses 2024: $745,492Net Income 2024: $14,5212024Revenue 2025: $1,719,041Expenses 2025: $1,003,511Net Income 2025: $715,5302025

Highlighted filing

2020

Revenue$402,870
Expenses$432,086
Net Income-$29,216
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 17, 2021
Return Version
2019v5.0
Gross Receipts
$405,848
Mission and Program Overview

Mission

Opera montana inspires and creates community through world class opera, musical theater, and educational engagement.

To educate, promote, and share the joy of opera in montana and surrounding areas, by producing professional quality opera performances at affordable prices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$104,283$102,787▼ $1,496
Savings and Temporary Cash Investments$147,250$101,119▼ $46,131
Cash and Non-Interest-Bearing Accounts$234$39,127▲ $38,893
Land, Buildings, and Equipment, Net$10,353$8,378▼ $1,975
Accounts Receivable$2,100$4,300▲ $2,200
Prepaid Expenses and Deferred Charges$27,832$1,200▼ $26,632
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$292,052$256,911▼ $35,141
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$15,122$23,206▲ $8,084
Deferred Revenue$10,072$2,500▼ $7,572
Other Liabilities-$1-
Total Liabilities$25,194$25,707▲ $513
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$199,250$128,417▼ $70,833
Net Assets With Donor Restrictions$67,608$102,787▲ $35,179
Total Net Assets Fund Balance$266,858$231,204▼ $35,654
Total Liabilities and Net Assets / Fund Balance$292,052$256,911▼ $35,141

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,367$45,011$53,378
Leasehold Improvements$11$3,584$3,595
Equipment-$340$340

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$104,283-▼ $1,496-$102,787
2018$52,349$47,103▲ $4,831-$104,283
2017$44,417$7,557▲ $375-$52,349
2016$44,382-▲ $35-$44,417
2015$38,358$6,455▼ $431-$44,382
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jacquelyn VickExecutive DirectorFT$49,406$49,406

Board Members and Trustees

NameTitle
Kenneth ChristensenPresident
Matt RognlieVice President
Beth Ann KennedyBoard Member
Doug BadenochBoard Member
Greg YoungBoard Member
Jane HodgesBoard Member
Jane SpencerBoard Member
Richard WolffBoard Member
Robyn ErlenbushBoard Member
SALLY O'NEILLBoard Member
Sarah HusseyBoard Member
Thomas ThomasBoard Member
Dennis WentzImmed Past Pres
Alexandra WhiteSecretary
Mark RingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$234,695
Program Service Revenue
$141,308
Investment Income
$4,997
Other Revenue
$21,870
All Other Contributions
$234,695
Change in Net Assets
$-29,216
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,935
Salaries, Compensation, and Employee Benefits$129,151
Total Fundraising Expense$18,971
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,750$38,356-$69,106
Current Officers, Directors, Trustees, and Key Employees$20,000$12,500$17,500$50,000
Occupancy-$11,325-$11,325
Payroll Taxes$3,427$5,147$1,471$10,045
Advertising$5,793$215-$6,008
All Other Expenses$229$5,357-$5,586
Other Expenses$4,619$347-$4,966
Fees for Services Accounting-$4,916-$4,916
Insurance-$2,944-$2,944
Depreciation Depletion-$2,765-$2,765
Information Technology-$2,648-$2,648
Grants to Domestic Orgs$2,000--$2,000
Office Expenses$37$1,749-$1,786
Total Functional Expenses$316,036$97,079$18,971$432,086
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,648
Fundraising Direct Expenses$2,978
Professional Fundraising Fees$0
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
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
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, Part VI, Line 11B: Form 990 Review Process

The finance committee reviews and approves the tax return and then presents it to the full board for final approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each year the board reviews organizational policies and signs off that they have read and understand the policies and that their position has not changed or if it has, they disclose the change.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Intermountain Opera Association
EIN
81-0382552
Phone
4065872889
Address
PO BOX 37, BOZEMAN, MT 59771

Signing Officer

Name
Mark Ringer
Title
Treasurer
Signed
2021-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Ringer
Formed
1979
Legal Domicile
Mt
Voting Board Members
15
Independent Board Members
15
Employees
5
Volunteers
225

Preparer

Firm
Neil and Company CPAs PC
Address
1184 N 15th Ste 1, Bozeman, MT 59715
Preparer
Neil Company Cpas Pc
Phone
4065879239
Raw XML AppendixShowing 400 of 583 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/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.14$0.10$1.04$1.72$1.00$0.72
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.10$0.33$0.76$0.75$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.32$0.07$0.25$0.68$0.69$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.02$0.25$0.42$0.53$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.39$0.31$0.18$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.23$0.40$0.43$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.03$0.27$0.54$0.52$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.28$0.03$0.26$0.53$0.53$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.05$0.25$0.47$0.46$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.43$0.40$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.50$0.38$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.32$0.33$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.38
2012Summary only. Only limited summary data is available for this year.$0.17$0.01$0.16$0.32$0.35$0.02
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$0.35$0.30$0.06