Civic Intelligence

Operalia Foundation Inc.

990 • Fiscal year 2014 • EIN 95-4857653

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 03, 2015

Organization ProfileWWW.OPERALIACOMPETITION.ORG
9595 Wilshire BlvdBeverly Hills, CA 90212

(310) 785-1710

Siviq Scores

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

Liabilities / Assets

57th percentile

0.17x

Higher debt load relative to assets than 57% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

75th percentile

0.45x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

3rd percentile

-102%

Higher net margin than 3% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

77th percentile

$120,000

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

6th percentile

-19%

Faster asset growth than 6% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

4th percentile

-51%

Faster revenue growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$1,657,311

Down $393,973 (-19%) from 2013

Net Assets

Down

$1,372,468

Down $643,973 (-32%) from 2013

Liabilities

Up

$284,843

Up $250,000 (+718%) from 2013

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin3rd percentile

Revenue

Down

$629,590

Down $654,886 (-51%) from 2013

Expenses

Up

$1,273,563

Up $539,198 (+73%) from 2013

Net Income

Down

-$643,973

Down $1,194,084 (-217%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,512,237Liabilities 2010: $34,843Net Assets 2010: $1,477,3942010Assets 2011: $1,665,030Liabilities 2011: $34,843Net Assets 2011: $1,630,1872011Assets 2012: $1,501,173Liabilities 2012: $34,843Net Assets 2012: $1,466,3302012Assets 2013: $2,051,284Liabilities 2013: $34,843Net Assets 2013: $2,016,4412013Assets 2014: $1,657,311Liabilities 2014: $284,843Net Assets 2014: $1,372,4682014Assets 2015: $1,194,542Liabilities 2015: $34,843Net Assets 2015: $1,159,6992015Assets 2016: $1,330,900Liabilities 2016: $34,843Net Assets 2016: $1,296,0572016Assets 2017: $1,201,390Liabilities 2017: $34,855Net Assets 2017: $1,166,5352017Assets 2018: $2,176,757Liabilities 2018: $42,587Net Assets 2018: $2,134,1702018Assets 2019: $2,139,896Liabilities 2019: $35,795Net Assets 2019: $2,104,1012019Assets 2020: $1,787,721Liabilities 2020: $34,855Net Assets 2020: $1,752,8662020Assets 2021: $1,673,932Liabilities 2021: $34,855Net Assets 2021: $1,639,0772021Assets 2022: $1,404,132Liabilities 2022: $36,593Net Assets 2022: $1,367,5392022Assets 2023: $1,371,947Liabilities 2023: $35,514Net Assets 2023: $1,336,4332023Assets 2024: $1,748,035Liabilities 2024: $35,681Net Assets 2024: $1,712,3542024

Highlighted filing

2014

Assets$1,657,311
Liabilities$284,843
Net Assets$1,372,468
Open 2014 Filing

Operations Trend

Revenue Growth4th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $201,7682010Expenses 2011: $621,3912011Expenses 2012: $932,4202012Revenue 2013: $1,284,476Expenses 2013: $734,365Net Income 2013: $550,1112013Revenue 2014: $629,590Expenses 2014: $1,273,563Net Income 2014: -$643,9732014Revenue 2015: $900,237Expenses 2015: $1,113,006Net Income 2015: -$212,7692015Revenue 2016: $935,045Expenses 2016: $798,687Net Income 2016: $136,3582016Revenue 2017: $771,895Expenses 2017: $901,417Net Income 2017: -$129,5222017Revenue 2018: $1,900,749Expenses 2018: $933,114Net Income 2018: $967,6352018Revenue 2019: $824,400Expenses 2019: $854,469Net Income 2019: -$30,0692019Revenue 2020: $2,385Expenses 2020: $353,620Net Income 2020: -$351,2352020Revenue 2021: $709,940Expenses 2021: $823,729Net Income 2021: -$113,7892021Revenue 2022: $571,288Expenses 2022: $842,826Net Income 2022: -$271,5382022Revenue 2023: $906,103Expenses 2023: $937,209Net Income 2023: -$31,1062023Revenue 2024: $1,334,554Expenses 2024: $958,633Net Income 2024: $375,9212024

Highlighted filing

2014

Revenue$629,590
Expenses$1,273,563
Net Income-$643,973
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 3, 2015
Return Version
2014v5.0
Gross Receipts
$629,590
Mission and Program Overview

Mission

The foundation provides support for opera and aspiring opera singers by funding an annual competition for young artists. The competition is held on a world wide basis, taking place in a major city each year. The 2019 competition took place in prague, in the czech republic.

The foundation provides support for opera and aspiring opera singers by funding an annual competition for young artists. The competition is held on a world wide basis, taking place in a major city each year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,016,441$1,372,468▼ $643,973
Savings and Temporary Cash Investments$1,304,574$771,663▼ $532,911
Cash and Non-Interest-Bearing Accounts$510,151$580,713▲ $70,562
Accounts Receivable$230,000$301,000▲ $71,000
Land, Buildings, and Equipment, Net$6,559$3,935▼ $2,624
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,051,284$1,657,311▼ $393,973
Other Assets Total-$0-
Liabilities
Other Liabilities$34,843$284,843▲ $250,000
Total Liabilities$34,843$284,843▲ $250,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,016,441$1,372,468▼ $643,973
Total Liabilities and Net Assets / Fund Balance$2,051,284$1,657,311▼ $393,973

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,935$4,264$8,199
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alvaro DomingoTreasurerFT$120,000$120,000

Board Members and Trustees

NameTitle
Placido DomingoChairman
Don E FranzenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$629,450
Program Service Revenue
$0
Investment Income
$140
Other Revenue
$0
All Other Contributions
$629,450
Change in Net Assets
$-643,973
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,064,763
Salaries, Compensation, and Employee Benefits$208,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$135,185$76,259-$211,444
Current Officers, Directors, Trustees, and Key Employees$96,000$24,000-$120,000
Other Salaries and Wages$88,800--$88,800
Other Expenses$71,000--$71,000
Advertising$14,077--$14,077
Insurance-$8,262-$8,262
Depreciation Depletion-$2,624-$2,624
Total Functional Expenses$1,162,418$111,145$0$1,273,563
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
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
Due to Maringo USA LLC$250,000
Due to Domingo Opera Foundation$34,843
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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 2: Description of Business or Family Relationship of Officers, Directors, Et

“Placido domingo, the founder of operalia, is the father of alvaro domingo, the director of the annual competition”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Reviewed by accountants with board member”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation of officers is reviewed by board members.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Form 990 filed on guidestar”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Operalia USA Inc
EIN
95-4857653
Phone
3107851710
Address
9595 WILSHIRE BLVD, BEVERLY HILLS, CA 90212

Signing Officer

Name
Don E Franzen
Title
Secretary
Signed
2015-11-03
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
5

Preparer

Firm
Montgomery Glick & Company
Address
23801 Calabasas Rd Ste 103, Calabasas, CA 91302
Preparer
Peter Montgomery
Phone
8189996967
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“AWARDS: Column (A) - Total = $12571; Column (B) - Program Services = $12571; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“BANK CHARGES: Column (A) - Total = $941; Column (B) - Program Services = $0; Column (C) - Management & General = $941; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“CABLE: Column (A) - Total = $1135; Column (B) - Program Services = $0; Column (C) - Management & General = $1135; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“DOCUMENTARY COST: Column (A) - Total = $15877; Column (B) - Program Services = $15877; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“JUDGES FEES: Column (A) - Total = $48100; Column (B) - Program Services = $48100; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“LIBRARY MAINTENANCE: Column (A) - Total = $202; Column (B) - Program Services = $0; Column (C) - Management & General = $202; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MUSIC EXPENSE: Column (A) - Total = $2339; Column (B) - Program Services = $2339; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“OFFICE AND RENT EXPENSE- PARIS: Column (A) - Total = $33255; Column (B) - Program Services = $0; Column (C) - Management & General = $33255; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“OUTSIDE SERVICES: Column (A) - Total = $21178; Column (B) - Program Services = $21178; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PARIS EXPENSES: Column (A) - Total = $22551; Column (B) - Program Services = $0; Column (C) - Management & General = $22551; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PAYROLL EXPENSE: Column (A) - Total = $16414; Column (B) - Program Services = $0; Column (C) - Management & General = $16414; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PAYROLL SERVICE: Column (A) - Total = $1761; Column (B) - Program Services = $0; Column (C) - Management & General = $1761; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PIANIST/SINGER/CONDUCTOR: Column (A) - Total = $24000; Column (B) - Program Services = $24000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“WEBSITE AND GRAPHIC DESIGN: Column (A) - Total = $11120; Column (B) - Program Services = $11120; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Raw XML Appendix386 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt0230000
IRS990/AccountsReceivableGrp/EOYAmt0301000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FOUNDATION PROVIDES SUPPORT FOR OPERA AND ASPIRING OPERA SINGERS BY FUNDING AN ANNUAL COMPETITION FOR YOUNG ARTISTS. THE COMPETITION IS HELD ON A WORLD WIDE BASIS, TAKING PLACE IN A MAJOR CITY EACH YEAR.
IRS990/AdvertisingGrp/ProgramServicesAmt014077
IRS990/AdvertisingGrp/TotalAmt014077
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0629450
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt076259
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0135185
IRS990/AllOtherExpensesGrp/TotalAmt0211444
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0PETER MONTGOMERY
IRS990/BooksInCareOfDetail/PhoneNum08189996967
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt023801 CALABASAS ROAD STE 103
IRS990/BooksInCareOfDetail/USAddress/CityNm0CALABASAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091302
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0510151
IRS990/CashNonInterestBearingGrp/EOYAmt0580713
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt096000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0120000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0629450
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0140
IRS990/CYOtherExpensesAmt01064763
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-643973
IRS990/CYSalariesCompEmpBnftPaidAmt0208800
IRS990/CYTotalExpensesAmt01273563
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0629590
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02624
IRS990/DepreciationDepletionGrp/TotalAmt02624
IRS990/Desc0THE FOUNDATION RECEIVES APPROXIMATELY 1,000 APPLICATIONS FROM ASPIRING ARTISTS EACH YEAR. THE FOUNDATION EVALUATES RECORDINGS MADE BY EACH APPLICANT AND THEN INVITES THE TOP 40 SINGERS TO PARTICIPATE IN THE COMPETITION. THE FOUNDATION PROVIDES GRANTS TO ALLOW EACH APPICANT TO ATTEND THE COMPETITION WHICH TAKES PLACE OVER SEVERAL DAYS. TEN SINGERS ARE THEN CHOSEN FOR THE FINAL ROUND AND AWARDS ARE GIVEN TO THE WINNERS. SUCCESS IN THIS COMPETITION IS OFTEN A STEPPING STONE TO A SUCCESSFUL OPERATIC CAREER.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01162418
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0PLACIDO DOMINGO
IRS990/Form990PartVIISectionAGrp/PersonNm1DON E FRANZEN
IRS990/Form990PartVIISectionAGrp/PersonNm2ALVARO DOMINGO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0629590
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt08262
IRS990/InsuranceGrp/TotalAmt08262
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0140
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0140
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04264
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06559
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03935
IRS990/LandBldgEquipCostOrOtherBssAmt08199
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0THE FOUNDATION PROVIDES SUPPORT FOR OPERA AND ASPIRING OPERA SINGERS BY FUNDING AN ANNUAL COMPETITION FOR YOUNG ARTISTS. THE COMPETITION IS HELD ON A WORLD WIDE BASIS, TAKING PLACE IN A MAJOR CITY EACH YEAR.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02016441
IRS990/NetAssetsOrFundBalancesEOYAmt01372468
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TRAVEL AND LODGING FOR COMPETI
IRS990/OtherExpensesGrp/Desc1PRODUCTION COST
IRS990/OtherExpensesGrp/Desc2OPERALIA PRIZES
IRS990/OtherExpensesGrp/Desc3PER DIEM
IRS990/OtherExpensesGrp/ProgramServicesAmt0283515
IRS990/OtherExpensesGrp/ProgramServicesAmt1258841
IRS990/OtherExpensesGrp/ProgramServicesAmt2215000
IRS990/OtherExpensesGrp/ProgramServicesAmt371000
IRS990/OtherExpensesGrp/TotalAmt0283515
IRS990/OtherExpensesGrp/TotalAmt1258841
IRS990/OtherExpensesGrp/TotalAmt2215000
IRS990/OtherExpensesGrp/TotalAmt371000
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt034843
IRS990/OtherLiabilitiesGrp/EOYAmt0284843
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt088800
IRS990/OtherSalariesAndWagesGrp/TotalAmt088800
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01283880
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0596
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0638307
IRS990/PYRevenuesLessExpensesAmt0550111
IRS990/PYSalariesCompEmpBnftPaidAmt096058
IRS990/PYTotalExpensesAmt0734365
IRS990/PYTotalRevenueAmt01284476
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-643973
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02016441
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01372468
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01304574
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0771663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0629450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01283880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0767515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0773506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03554351
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03554351
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0629450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01283880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0767515
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0773506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03554351
IRS990ScheduleA/TotalSupportAmt03554351
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03935
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04264
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08199
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034843
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1250000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO DOMINGO OPERA FOUNDATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO MARINGO USA LLC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03935
IRS990ScheduleD/TotalLiabilityAmt0284843
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PLACIDO DOMINGO, THE FOUNDER OF OPERALIA, IS THE FATHER OF ALVARO DOMINGO, THE DIRECTOR OF THE ANNUAL COMPETITION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY ACCOUNTANTS WITH BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF OFFICERS IS REVIEWED BY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 FILED ON GUIDESTAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AWARDS: Column (A) - Total = $12571; Column (B) - Program Services = $12571; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK CHARGES: Column (A) - Total = $941; Column (B) - Program Services = $0; Column (C) - Management & General = $941; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CABLE: Column (A) - Total = $1135; Column (B) - Program Services = $0; Column (C) - Management & General = $1135; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DOCUMENTARY COST: Column (A) - Total = $15877; Column (B) - Program Services = $15877; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9JUDGES FEES: Column (A) - Total = $48100; Column (B) - Program Services = $48100; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LIBRARY MAINTENANCE: Column (A) - Total = $202; Column (B) - Program Services = $0; Column (C) - Management & General = $202; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MUSIC EXPENSE: Column (A) - Total = $2339; Column (B) - Program Services = $2339; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OFFICE AND RENT EXPENSE- PARIS: Column (A) - Total = $33255; Column (B) - Program Services = $0; Column (C) - Management & General = $33255; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13OUTSIDE SERVICES: Column (A) - Total = $21178; Column (B) - Program Services = $21178; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PARIS EXPENSES: Column (A) - Total = $22551; Column (B) - Program Services = $0; Column (C) - Management & General = $22551; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PAYROLL EXPENSE: Column (A) - Total = $16414; Column (B) - Program Services = $0; Column (C) - Management & General = $16414; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16PAYROLL SERVICE: Column (A) - Total = $1761; Column (B) - Program Services = $0; Column (C) - Management & General = $1761; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17PIANIST/SINGER/CONDUCTOR: Column (A) - Total = $24000; Column (B) - Program Services = $24000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18WEBSITE AND GRAPHIC DESIGN: Column (A) - Total = $11120; Column (B) - Program Services = $11120; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02051284
IRS990/TotalAssetsEOYAmt01657311
IRS990/TotalAssetsGrp/BOYAmt02051284
IRS990/TotalAssetsGrp/EOYAmt01657311
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0629450
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0111145
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01162418
IRS990/TotalFunctionalExpensesGrp/TotalAmt01273563
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034843
IRS990/TotalLiabilitiesEOYAmt0284843
IRS990/TotalLiabilitiesGrp/BOYAmt034843
IRS990/TotalLiabilitiesGrp/EOYAmt0284843
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02016441
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01372468
IRS990/TotalProgramServiceExpensesAmt01162418
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0120000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0140
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0629590
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02051284
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01657311
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.OPERALIACOMPETITION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DON E FRANZEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPERALIA USA INC
ReturnHeader/Filer/BusinessNameControlTxt0OPER
ReturnHeader/Filer/EIN0954857653
ReturnHeader/Filer/PhoneNum03107851710
ReturnHeader/Filer/USAddress/AddressLine1Txt09595 WILSHIRE BLVD
ReturnHeader/Filer/USAddress/CityNm0BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Montgomery Glick & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023801 Calabasas Rd Ste 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Calabasas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091302
ReturnHeader/PreparerPersonGrp/PhoneNum08189996967
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER MONTGOMERY
ReturnHeader/ReturnTs02015-11-03T14:58:59-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,657,311
Liabilities
$284,843
Net assets
$1,372,468
Revenue
$629,590
Expenses
$1,273,563
Net income
-$643,973
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.04$1.71$1.33$0.96$0.38
2023Summary only. Only limited summary data is available for this year.$1.37$0.04$1.34$0.91$0.94$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.04$1.37$0.57$0.84$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.03$1.64$0.71$0.82$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.03$1.75$0.00$0.35$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.04$2.10$0.82$0.85$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.04$2.13$1.90$0.93$0.97
2017Summary only. Only limited summary data is available for this year.$1.20$0.03$1.17$0.77$0.90$0.13
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.03$1.30$0.94$0.80$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.03$1.16$0.90$1.11$0.21
2014Detailed filing. Detailed filing data is available for this year.$1.66$0.28$1.37$0.63$1.27$0.64
2013Detailed filing. Detailed filing data is available for this year.$2.05$0.03$2.02$1.28$0.73$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.03$1.47$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.03$1.63$0.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.03$1.48$0.20