Civic Intelligence

Operatunity Theatre

990EZ • Fiscal year 2023 • EIN 83-2963065

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

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

94th percentile

0.96x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

60th percentile

8.7%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$13,080

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

84th percentile

46%

Faster asset growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

27%

Faster revenue growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$29,889

Up $9,418 (+46%) from 2022

Net Assets

Up

$1,288

Up $10,660 (+114%) from 2022

Liabilities

Down

$28,601

Down $1,242 (-4.2%) from 2022

Revenue

Up

$122,861

Up $26,350 (+27%) from 2022

Expenses

Up

$112,201

Up $21,805 (+24%) from 2022

Net Income

Up

$10,660

Up $4,545 (+74%) from 2022

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

2023

Assets$29,889
Liabilities$28,601
Net Assets$1,288

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

2023

Revenue$122,861
Expenses$112,201
Net Income$10,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$122,861
Mission and Program Overview

Mission

To provide opera music education and opportunities.

Program Services

DescriptionGrantsExpenses
TO PROVIDE OPERA MUSIC EDUCATION OPPORTUNITIES.-$112,201
TO PROVIDE OPERA MUSIC EDUCATION OPPORTUNITIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OBED O FLOANExecutive Di-$13,080-$13,080
MEGAN WAGNERTrustee-$7,940-$7,940
LAURANN KIRSCHNERSecretary-$0--
TRYGVE OLSENTrustee-$0--
AMANDA RESSLERTreasurer-$0--
LAYTON JAMESTrustee-$0--
MARGARET JANE WRAYTrustee-$0--
MARILYN JOHNSONVice Chair-$0--
EDWARD NELSONChair-$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 O Floan
Title
Executive Director
Phone
6124049265
Signed
2024-05-13
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 6,485 office 5,727 travel 1,686 interest 1,006 insurance 2,435 bank charges 1,302 equipment rental 1,337 event expenses 31,153 licenses & permits 636 memberships & dues 1,245 rent 1,500 supplies 1,000 telecommunications 31 total 55,543

Form 990-ez, Part II, Line 24

5,292 5,292 less accumulated depreciation 5,292 5,292 total 0 0

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 29,617 28,373 payroll taxes payable 226 228

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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MARILYN JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8EDWARD NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrintingPublicationsPostageAmt0758
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 6,485 OFFICE 5,727 TRAVEL 1,686 INTEREST 1,006 INSURANCE 2,435 BANK CHARGES 1,302 EQUIPMENT RENTAL 1,337 EVENT EXPENSES 31,153 LICENSES & PERMITS 636 MEMBERSHIPS & DUES 1,245 RENT 1,500 SUPPLIES 1,000 TELECOMMUNICATIONS 31 TOTAL 55,543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15,292 5,292 LESS ACCUMULATED DEPRECIATION 5,292 5,292 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 29,617 28,373 PAYROLL TAXES PAYABLE 226 228
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 O FLOAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06124049265
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPERATUNITY THEATRE
ReturnHeader/Filer/BusinessNameControlTxt0OPER
ReturnHeader/Filer/EIN0832963065
ReturnHeader/Filer/PhoneNum06124049265
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ReturnHeader/Filer/USAddress/CityNm0STILLWATER
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412020756
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK PARK HEIGHTS
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055082
ReturnHeader/PreparerPersonGrp/PhoneNum06514364949
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARRIE A BROCKMAN
ReturnHeader/ReturnTs02024-05-14T13:54:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0OBED
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FLOAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings