Overview
What is Lake George Opera Festival Association Inc?
Lake George Opera Festival Association Inc, situated in Saratoga Springs, New York, is a nonprofit organization dedicated to enriching the local communities and wider New York State Capital area. Their primary mission involves presenting an annual summer festival, showcasing world-class opera performances, and offering year-round activities. These activities include comprehensive educational programs, mentorship for emerging operatic artists, and unique opportunities for the public to engage with opera in both traditional and non-traditional venues that celebrate the region's unique cultural, historic, and natural resources. The association also provides professional training and mentorship to talented singers, conductors, and directors through its Apprentice Program. Furthermore, Lake George Opera Festival Association Inc offers the Opera-to-Go program as a virtual education resource for educators in the region, and plans to launch the Songs by Heart program for individuals with Alzheimer's and other dementias once conditions allow. The organization is headed by a team of 23 dedicated individuals.
Official website here: www.operasaratoga.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Lake George Opera Festival Association Inc has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization excels in areas such as board independence and financial oversight, indicating good governance practices. It has fully met expectations in several critical categories, demonstrating a commitment to transparency and responsible management of resources.
One notable strength is the complete independence of its board members, which ensures unbiased decision-making. Additionally, the organization maintains robust conflict of interest and whistleblower policies, contributing to a trustworthy environment for stakeholders. The program expense ratio is also commendable, with 78.70% of its expenses directed towards programmatic activities, illustrating its focus on fulfilling its mission.
However, the organization faces challenges, as evidenced by its liabilities-to-assets ratio of 174.92%, which indicates potential financial vulnerability. Though it has demonstrated strong accountability and operational practices, this financial ratio suggests that it may need to address its debt levels to enhance overall sustainability in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake George Opera Festival Association Inc?
92% of 51 reviewers on Facebook recommend the Lake George Opera Festival Association Inc. Here is a summary of their reviews:
The overall sentiment indicates a strong appreciation for the performances offered. One particular review highlights a "great performance of Falstaff," which suggests that attendees find the productions engaging and of high quality.
This enthusiasm points to a positive experience, and many seem eager to return for future events, showcasing the organization's ability to leave a lasting impression on its audience.
This AI summary has been generated from reviews found on Facebook.
Is Lake George Opera Festival Association Inc legitimate?
Lake George Opera Festival Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake George Opera Festival Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,571
For more financial information, click here
Official website here: www.operasaratoga.org
What is the mission statement of Lake George Opera Festival Association Inc?
The Lake George Opera Festival Association Inc aims to serve the communities in Saratoga Springs, the Lower Adirondack, and the New York State Capital areas by providing access to world-class opera. This is achieved through the annual summer festival and year-round activities. These activities include extensive educational programs, mentorship of emerging operatic artists, and unique opportunities for the public to experience opera in both traditional and non-traditional venues. These venues leverage and embrace the unique cultural, historic, and natural resources of the area. The association's mission also extends to year-round support, with a focus on educational programs and nurturing upcoming opera talents.
Official website here: www.operasaratoga.org
Who is the CEO of Lake George Opera Festival Association Inc?
Martha Strohl is the Ex Officio of Lake George Opera Festival Association Inc.
Official website here: www.operasaratoga.org
What is the revenue of Lake George Opera Festival Association Inc?
Lake George Opera Festival Association Inc's revenue in 2022 was $1,274,066.
Official website here: www.operasaratoga.org
Who are the executives of Lake George Opera Festival Association Inc and what are their salaries?
The average compensation at Lake George Opera Festival Association Inc during 2022 was $10,199. There are 23 employees and 15 volunteers at Lake George Opera Festival Association Inc.
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Official website here: www.operasaratoga.org
Where can I find the form 990 for Lake George Opera Festival Association Inc?
Lake George Opera Festival Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.operasaratoga.org
Learn more at the official website: www.operasaratoga.org
Mission Statement of Lake George Opera Festival Association Inc
Lake George Opera Festival Association Inc is dedicated to serving the communities in Saratoga Springs, the Lower Adirondack, and the New York State Capital areas. Their mission is to provide access to world-class opera by organizing an annual summer festival and offering year-round activities. These activities include extensive educational programs, mentorship for emerging operatic artists, and unique opportunities for the public to experience opera in both traditional and non-traditional venues. By leveraging and embracing the unique cultural, historic, and natural resources of the area, Lake George Opera Festival Association Inc aims to make opera more accessible and engaging for a wide audience.
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Impact
July, 2024
Lake George Opera Festival Association Inc, operating as Opera Saratoga, has a significant impact on the communities it serves in Saratoga Springs, the lower Adirondacks, and the New York State capital areas. Through its annual summer festival and year-round activities, the organization provides access to world-class opera performances, educational programs, mentorship for emerging operatic artists, and unique opportunities for the public to experience opera in various venues.
Opera Saratoga's 61st summer festival featured three staged operas, concerts, and community events that reached audiences throughout the capital region. The organization hosted performances at prestigious venues such as the Saratoga Performing Arts Center, Proctors Theater in Schenectady, and The Egg in Albany, enhancing the cultural offerings in these areas.
Moreover, Opera Saratoga's Apprentice Program offers professional training and mentorship to talented singers, conductors, and directors, providing them with invaluable experience during the two-month residency at the company. The organization also continued its Opera-to-Go program, offering virtual education opportunities for educators in the capital region at no cost.
Additionally, Opera Saratoga's planned launch of the Songs by Heart program, aimed at individuals suffering from Alzheimer's and other forms of dementia, demonstrates its commitment to using opera as a tool for healing and community engagement. Despite challenges posed by the pandemic, the organization remains dedicated to its mission to make opera accessible and enriching for all members of the community.
This information is meant to be a general summary of Lake George Opera Festival Association 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 2022.
- Investment Income: $2,435
- Program Service Revenue: $277,323
- Gross Receipts: $1,312,310
Assets and Liabilities:
- Total Assets: $424,101
- Total Liabilities: $741,879
- Net Assets: -$317,778
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION TICKETS
Revenue
$255,839
CO PRODUCTION INCOME
Revenue
$21,484
Organization Details
Founding Year
1962
Phone
(518) 584-6018Principal Officer
Martha Strohl
Main Address
19 ROOSEVELT DRIVE 215, SARATOGA SPRINGS, NY, 12866
Website
www.operasaratoga.orgNTEE Category
Code: A6A0 - Arts
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