Civic Intelligence

Operatunity Theatre

990EZ • Fiscal year 2022 • EIN 83-2963065

Jan 01, 2022 to Dec 31, 2022 • Filed on May 16, 2023

216 W Myrtle St PO Box 2300Stillwater, MN 55082

(612) 404-9265

Siviq Scores

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

Liabilities / Assets

96th percentile

1.46x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

0.31x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

53rd percentile

6.3%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$12,271

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

84th percentile

49%

Faster asset growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-8.4%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$20,471

Up $6,741 (+49%) from 2021

Net Assets

Up

-$9,372

Up $6,115 (+39%) from 2021

Liabilities

Up

$29,843

Up $626 (+2.1%) from 2021

Revenue

Down

$96,511

Down $8,849 (-8.4%) from 2021

Expenses

Down

$90,396

Down $4,239 (-4.5%) from 2021

Net Income

Down

$6,115

Down $4,610 (-43%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2019: $17,051Liabilities 2019: $0Net Assets 2019: $17,0512019Assets 2020: $4,431Liabilities 2020: $30,643Net Assets 2020: -$26,2122020Assets 2021: $13,730Liabilities 2021: $29,217Net Assets 2021: -$15,4872021Assets 2022: $20,471Liabilities 2022: $29,843Net Assets 2022: -$9,3722022Assets 2023: $29,889Liabilities 2023: $28,601Net Assets 2023: $1,2882023Assets 2024: $58,154Liabilities 2024: $26,871Net Assets 2024: $31,2832024

Highlighted filing

2022

Assets$20,471
Liabilities$29,843
Net Assets-$9,372

Operations Trend

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

$200K$100K$0-$100KRevenue 2019: $77,333Expenses 2019: $60,282Net Income 2019: $17,0512019Revenue 2020: $61,890Expenses 2020: $105,153Net Income 2020: -$43,2632020Revenue 2021: $105,360Expenses 2021: $94,635Net Income 2021: $10,7252021Revenue 2022: $96,511Expenses 2022: $90,396Net Income 2022: $6,1152022Revenue 2023: $122,861Expenses 2023: $112,201Net Income 2023: $10,6602023Revenue 2024: $193,774Expenses 2024: $163,779Net Income 2024: $29,9952024

Highlighted filing

2022

Revenue$96,511
Expenses$90,396
Net Income$6,115
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 16, 2023
Return Version
2022v5.0
Gross Receipts
$96,511
Mission and Program Overview

Mission

To provide opera music education and opportunities.

Program Services

DescriptionGrantsExpenses
TO PROVIDE OPERA MUSIC EDUCATION OPPORTUNITIES.-$90,396
TO PROVIDE OPERA MUSIC EDUCATION OPPORTUNITIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OBED FLOANExecutive Di-$12,271-$12,271
MEGAN WAGNERTrustee-$1,960-$1,960
LAURANN KIRSCHNERSecretary-$0--
TRYGVE OLSENChair-$0--
CAROL CARVERVice Chair-$0--
ROBERT KORLUKATrustee-$0--
AMANDA RESSLERTreasurer-$0--
LAYTON JAMESTrustee-$0--
MARGARET JANE WRAYTrustee-$0--
MARILYN JOHNSONTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Operatunity Theatre
EIN
83-2963065
Phone
6124049265
Address
216 W MYRTLE ST PO BOX 2300, STILLWATER, MN 55082

Signing Officer

Name
Obed Floan
Title
Executive Director
Phone
6124049265
Signed
2023-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Brockman - Marchan Ltd
Address
5995 OREN AVE N 102, OAK PARK HEIGHTS, MN 55082
Preparer
Carrie a Brockman
Phone
6514364949
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 2,745 office 3,228 travel 1,159 interest 2,017 insurance 1,869 bank charges 612 equipment rental 1,153 event expenses 18,784 licenses & permits 648 memberships & dues 683 rent 44 non-investment depreciation 5,292 total 38,234

Form 990-ez, Part II, Line 24

Apple computer & ipad 0 5,292 less accumulated depreciation 0 5,292 total 0 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 115 0 unsecured notes and loans payable 29,100 29,617 payroll taxes payable 2 226

Form 990-ez, Part III, Line 31

To provide opera music education opportunities.

Raw XML Appendix163 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0OBED FLOAN
IRS990EZ/BooksInCareOfDetail/PhoneNum06124049265
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0449 8TH STREET N
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BAYPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013730
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020471
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt096511
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06115
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt035271
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013730
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020471
IRS990EZ/GrossReceiptsAmt096511
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-15487
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-9372
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-15487
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-9372
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012271
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt51960
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0OBED FLOAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAURANN KIRSCHNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TRYGVE OLSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CAROL CARVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROBERT KORLUKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MEGAN WAGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6AMANDA RESSLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LAYTON JAMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MARGARET JANE WRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MARILYN JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt038234
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE OPERA MUSIC EDUCATION AND OPPORTUNITIES.
IRS990EZ/PrintingPublicationsPostageAmt01547
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE OPERA MUSIC EDUCATION OPPORTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE OPERA MUSIC EDUCATION OPPORTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090396
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt015344
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt029217
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt029843
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt090396
IRS990EZ/TotalProgramServiceExpensesAmt090396
IRS990EZ/TotalRevenueAmt096511
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0NONPROFIT
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SCVOPERA.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt096511
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0105360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt061890
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt077333
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0341094
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0341094
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt096511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0105360
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt061890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt077333
IRS990ScheduleA/Total509Grp/TotalAmt0341094
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt096511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0105360
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt061890
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt077333
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0341094
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 2,745 OFFICE 3,228 TRAVEL 1,159 INTEREST 2,017 INSURANCE 1,869 BANK CHARGES 612 EQUIPMENT RENTAL 1,153 EVENT EXPENSES 18,784 LICENSES & PERMITS 648 MEMBERSHIPS & DUES 683 RENT 44 NON-INVESTMENT DEPRECIATION 5,292 TOTAL 38,234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APPLE COMPUTER & IPAD 0 5,292 LESS ACCUMULATED DEPRECIATION 0 5,292 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 115 0 UNSECURED NOTES AND LOANS PAYABLE 29,100 29,617 PAYROLL TAXES PAYABLE 2 226
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE OPERA MUSIC EDUCATION OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0OBED FLOAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06124049265
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPERATUNITY THEATRE
ReturnHeader/Filer/BusinessNameControlTxt0OPER
ReturnHeader/Filer/EIN0832963065
ReturnHeader/Filer/PhoneNum06124049265
ReturnHeader/Filer/USAddress/AddressLine1Txt0216 W MYRTLE ST PO BOX 2300
ReturnHeader/Filer/USAddress/CityNm0STILLWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055082
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412020756
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROCKMAN - MARCHAN LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05995 OREN AVE N 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK PARK HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055082
ReturnHeader/PreparerPersonGrp/PhoneNum06514364949
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARRIE A BROCKMAN
ReturnHeader/ReturnTs02023-06-28T12:00:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0OBED
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FLOAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings