Overview
What is The Metropolitan Opera Guild Inc?
The Metropolitan Opera Guild Inc, established in 1935, is a nonprofit organization with a mission to strengthen the Metropolitan Opera's patronage, fuel interest in opera, and cultivate future enthusiasts. It accomplishes this by extending its reach to a diverse audience and functioning as an educational resource. By doing so, it aims to foster a broader support base for the opera and nurture future generations of opera lovers.
Official website here: www.metopera.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Metropolitan Opera Guild Inc has received an excellent Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance. With a score of 97, the organization demonstrates a commitment to transparency and responsible financial management. The board is entirely independent, showcasing strong governance practices, and there are no reported issues such as material diversion of assets.
The Guild excels in its financial ratios, with a program expense ratio of 71.69%, indicating that a significant portion of its budget is allocated directly to program services. Additionally, the fundraising efficiency ratio of $0.20 suggests effective fundraising practices, allowing the organization to maximize the impact of donations received.
While the organization has demonstrated robust financial health and governance, it is important for potential donors to consider the organization's specific programs and initiatives to ensure alignment with their philanthropic goals. Overall, The Metropolitan Opera Guild Inc stands out for its transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Metropolitan Opera Guild Inc legitimate?
The Metropolitan Opera Guild Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Metropolitan Opera Guild Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $282,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,826,594
For more financial information, click here
Official website here: www.metopera.org
What is the mission statement of The Metropolitan Opera Guild Inc?
The Metropolitan Opera Guild Inc., established in 1935, was founded with the primary objective of expanding the patronage base for the Metropolitan Opera. Its mission is to foster a broader appreciation for opera and cultivate future audiences. It achieves this by engaging with a diverse public and functioning as an educational resource. The Guild aims to promote opera and serve as a platform for its growth.
Official website here: www.metopera.org
What is the revenue of The Metropolitan Opera Guild Inc?
The Metropolitan Opera Guild Inc's revenue in 2023 was $2,951,154.
Official website here: www.metopera.org
Who are the executives of The Metropolitan Opera Guild Inc and what are their salaries?
The average compensation at The Metropolitan Opera Guild Inc during 2023 was $47,925. There are 44 employees and 60 volunteers at The Metropolitan Opera Guild Inc.
Here are 34 key members and their salaries:
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Official website here: www.metopera.org
Where can I find the form 990 for The Metropolitan Opera Guild Inc?
The Metropolitan Opera Guild Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.metopera.org
Learn more at the official website: www.metopera.org
Mission Statement of The Metropolitan Opera Guild Inc
The Metropolitan Opera Guild, founded in 1935, is dedicated to enlarging the patronage for the Metropolitan Opera and stimulating a greater appreciation for opera. This esteemed organization serves as a catalyst, reaching out to a vast audience and functioning as an educational resource. Its primary aim is to cultivate future audiences and foster a deeper interest in opera by engaging with a broad public.
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Impact
July, 2024
The Metropolitan Opera Guild Inc has a significant impact on the world of opera and the arts. Established in 1935, the Guild plays a key role in broadening support for the Metropolitan Opera, promoting interest in opera, and developing future audiences. By reaching out to a wide public and serving as an educational resource, the Guild helps to foster a greater appreciation for opera and contributes to the overall enrichment of the arts landscape.
This information is meant to be a general summary of The Metropolitan Opera Guild Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $76,577
- Program Service Revenue: $781,415
- Gross Receipts: $8,954,440
Assets and Liabilities:
- Total Assets: $8,024,277
- Total Liabilities: $1,678,922
- Net Assets: $6,345,355
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAM FEES
Revenue
$423,548
CIRCULATION INCOME
Revenue
$357,867
Organization Details
Founding Year
1936
Principal Officer
Vanessa Kubach
Website
www.metopera.orgNTEE Category
Code: A6A0 - Arts
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