Civic Intelligence

Opera Colorado Foundation

EIN 84-1287161 • 501(c)3 • Englewood, CO

Profile

The Foundation is organized to support the activities of Opera Colorado.

4121 S Navajo St Ste 100Englewood, CO 80110

www.operacolorado.org

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

85th percentile

39%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

65th percentile

9.4%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-86%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,252,137

Up $624,559 (+9.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$7,252,137

Up $624,559 (+9.4%) from 2023

Revenue

Down

$707,215

Down $4,530,933 (-86%) from 2023

Expenses

Up

$432,731

Up $63,137 (+17%) from 2023

Net Income

Down

$274,484

Down $4,594,070 (-94%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $974,961Liabilities 2011: $228,500Net Assets 2011: $746,4612011Assets 2012: $942,308Liabilities 2012: $110,916Net Assets 2012: $831,3922012Assets 2013: $840,557Liabilities 2013: $0Net Assets 2013: $840,5572013Assets 2014: $944,593Liabilities 2014: $0Net Assets 2014: $944,5932014Assets 2015: $931,453Liabilities 2015: $0Net Assets 2015: $931,4532015Assets 2016: $864,993Liabilities 2016: $0Net Assets 2016: $864,9932016Assets 2017: $1,201,178Liabilities 2017: $15,000Net Assets 2017: $1,186,1782017Assets 2018: $1,225,751Liabilities 2018: $0Net Assets 2018: $1,225,7512018Assets 2019: $1,251,085Liabilities 2019: $0Net Assets 2019: $1,251,0852019Assets 2020: $1,235,407Liabilities 2020: $0Net Assets 2020: $1,235,4072020Assets 2021: $1,580,400Liabilities 2021: $0Net Assets 2021: $1,580,4002021Assets 2022: $1,482,021Liabilities 2022: $5,000Net Assets 2022: $1,477,0212022Assets 2023: $6,627,578Liabilities 2023: $0Net Assets 2023: $6,627,5782023Assets 2024: $7,252,137Liabilities 2024: $0Net Assets 2024: $7,252,1372024

Highlighted filing

2024

Assets$7,252,137
Liabilities$0
Net Assets$7,252,137

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $17,306Expenses 2011: $161,438Net Income 2011: -$144,1322011Revenue 2012: $20,937Expenses 2012: $50,032Net Income 2012: -$29,0952012Revenue 2013: $9,689Expenses 2013: $22,163Net Income 2013: -$12,4742013Revenue 2014: $40,510Expenses 2014: $43,406Net Income 2014: -$2,8962014Revenue 2015: $22,260Expenses 2015: $40,143Net Income 2015: -$17,8832015Revenue 2016: $19,156Expenses 2016: $37,345Net Income 2016: -$18,1892016Revenue 2017: $240,770Expenses 2017: $29,105Net Income 2017: $211,6652017Revenue 2018: $66,622Expenses 2018: $69,710Net Income 2018: -$3,0882018Revenue 2019: $35,058Expenses 2019: $23,079Net Income 2019: $11,9792019Revenue 2020: $23,418Expenses 2020: $17,313Net Income 2020: $6,1052020Revenue 2021: $69,822Expenses 2021: $31,591Net Income 2021: $38,2312021Revenue 2022: $46,456Expenses 2022: $27,905Net Income 2022: $18,5512022Revenue 2023: $5,238,148Expenses 2023: $369,594Net Income 2023: $4,868,5542023Revenue 2024: $707,215Expenses 2024: $432,731Net Income 2024: $274,4842024

Highlighted filing

2024

Revenue$707,215
Expenses$432,731
Net Income$274,484

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.25$0.00$7.25$0.71$0.43$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$0.00$6.63$5.24$0.37$4.87
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.01$1.48$0.05$0.03$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.00$1.58$0.07$0.03$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.02$0.02$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.00$1.25$0.04$0.02$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.07$0.07$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.02$1.19$0.24$0.03$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.00$0.86$0.02$0.04$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.02$0.04$0.02
2014Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.04$0.04$0.00
2013Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$0.01$0.02$0.01
2012Summary only. Only limited summary data is available for this year.$0.94$0.11$0.83$0.02$0.05$0.03
2011Summary only. Only limited summary data is available for this year.$0.97$0.23$0.75$0.02$0.16$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$780,583
Mission and Program Overview

Mission

The foundation is organized to support the activities of opera colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$6,342,331$6,723,390▲ $381,059
Other Notes and Loans Receivable, Net$278,747$278,747→ $0
Accounts Receivable$6,500$250,000▲ $243,500
Total Assets$6,627,578$7,252,137▲ $624,559
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,627,578$7,252,137▲ $624,559
Total Net Assets Fund Balance$6,627,578$7,252,137▲ $624,559
Total Liabilities and Net Assets / Fund Balance$6,627,578$7,252,137▲ $624,559

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$6,723,390--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$6,342,331-▲ $807,290$307,828$6,723,390
2022$1,182,021$5,000,000▲ $513,651$266,000$6,342,331
2021$1,280,400-▲ $9,353$84,827$1,182,021
2020$935,407$26,455▲ $350,130$11,990$1,280,400
2019$1,251,085-▲ $1,635$300,000$935,407
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael BockPresident
Kelly Ann HodgesDirector
Kenneth BarrowDirector
Tanya MatthewsDirector
Gayle LandisSecretary
William ManiatisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$250,000
Program Service Revenue
$0
Investment Income
$457,215
Other Revenue
$0
All Other Contributions
$250,000
Change in Net Assets
$274,484

Audited Revenue Reconciliation

Revenue per Audited Statements
$592,238
Revenue Not Reported on Financial Statements
$114,977
Revenue Not Reported on Form 990
$350,075
Total Revenue per Audited Statements
$942,313
Total Revenue per Form 990
$707,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$314,328
Other Expenses$118,403
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$314,328--$314,328
Fees for Service Investment Mgmnt Fees-$114,977-$114,977
Fees for Services Accounting-$2,500-$2,500
Information Technology-$906-$906
Other Expenses-$20-$20
Total Functional Expenses$314,328$118,403$0$432,731

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$432,731
Expenses per Audited Statements$317,754
Total Expenses per Audited Statements$317,754
Expenses Not Reported on Financial Statements$114,977
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Opera ColoradoEnglewood, CO501(c)(3)General Operations$314,328
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No

Governance Explanations

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

The form 990 is reviewed and approved by the opera colorado board of directors, which includes directors from the opera colorado foundation board.

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

Opera colorado foundation sends a conflict of interest policy and statement of acknowledgement to all board members prior to the annual meetings. Signed forms are collected at the annual meeting.

Form 990, Part VI, Section C, Line 19

Opera colorado foundation's governing documents are made available upon request at the opera colorado office.

Filing and Contact Details

Filer

Filer Name
Opera Colorado Foundation
EIN
84-1287161
Phone
3037781500
Address
4121 S NAVAJO ST STE 100, ENGLEWOOD, CO 80110

Signing Officer

Name
Michael Bock
Title
President
Phone
3037781500
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Bock
Formed
1994
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Plante & Moran Pllc
Address
8181 E TUFTS AVENUE SUITE 600, DENVER, CO 80237-2579
Preparer
Dori J Eggett
Phone
3037409400
Raw XML AppendixShowing 400 of 424 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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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0OPERA COLORADO
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IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01182021
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09353
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATIONS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AND APPROVED BY THE OPERA COLORADO BOARD OF DIRECTORS, WHICH INCLUDES DIRECTORS FROM THE OPERA COLORADO FOUNDATION BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPERA COLORADO FOUNDATION SENDS A CONFLICT OF INTEREST POLICY AND STATEMENT OF ACKNOWLEDGEMENT TO ALL BOARD MEMBERS PRIOR TO THE ANNUAL MEETINGS. SIGNED FORMS ARE COLLECTED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OPERA COLORADO FOUNDATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT THE OPERA COLORADO OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OPERA PERFORMANCES
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL BOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03037781500

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