Overview
What is New York City Opera?
New York City Opera, located in New York City, is a renowned nonprofit organization that showcases innovative and engaging operatic performances. Employing an entrepreneurial business model, they establish artistic and operational partnerships, foster relationships with unions and venues, and cater to both new and traditional audiences. Committed to education, the organization provides opportunities for thousands of schoolchildren to attend dress rehearsals, meet cast members, and learn about careers in the performing arts. Throughout the season, they present family-friendly, hour-long adaptations of classic operas and offer free opera performances in Bryant Park, allowing countless New Yorkers to experience opera in a relaxing environment. Their mission, as famously dubbed "The People's Opera," continues to inspire audiences with captivating operatic productions, nurture emerging American artists, and expand their audience base through affordable ticket prices and extensive outreach and education programs. With 17 dedicated employees, New York City Opera remains a vibrant force in the world of opera.
Official website here: www.nycopera.com
What are the reviews and ratings of this charity?
Charity Navigator rates New York City Opera with a score of 76%, corresponding to a Three-Star out of Four Star rating. This score is based entirely on Accountability & Finance, indicating a solid level of financial health and transparency. A high percentage of independent board members and the presence of various governance policies showcase the organization's commitment to accountability.
The nonprofit demonstrates strengths in financial oversight, with a well-structured audit and oversight committee and no material diversions of assets reported. Additionally, the organization maintains thorough documentation practices, including board meeting minutes, which support transparency in its operations. The program expense ratio also reflects a strong commitment to its mission-related activities.
However, there are notable concerns regarding the organization's liabilities to assets ratio, which stands at 210.28%, indicating potential financial risk. While the program expense ratio is commendable, the high liabilities could pose challenges for future sustainability. Overall, while New York City Opera shows solid governance practices, its financial liabilities warrant careful consideration.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about New York City Opera?
94% of 51 reviewers on Facebook recommend New York City Opera. Here’s a look at what they are saying:
Many patrons express their enthusiasm for the revitalization of City Opera and appreciate the high-quality productions. The Rose Theater, noted for its comfort and acoustics, has been hailed as a favorable venue choice by several attendees.
However, there are some concerns regarding the online ticket purchasing process, with at least one user experiencing difficulties when trying to buy tickets for "Fanciulla del West." This technical issue may potentially detract from the overall experience for some. Despite this, the positive sentiments about the performances and venue have left many in favor of the organization.
This AI summary has been generated from reviews found on Facebook.
Is New York City Opera legitimate?
New York City Opera is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York City Opera 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: $125,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $584,390
For more financial information, click here
Official website here: www.nycopera.com
What is the mission statement of New York City Opera?
The New York City Opera, often referred to as "The People's Opera," continues its historic mission, initially established in 1943. This mission revolves around inspiring audiences through innovative and theatrically compelling opera performances. Furthermore, the opera nurtures the talents of emerging American artists and strives to attract new audiences by offering affordable ticket prices and extensive outreach and education programs.
Official website here: www.nycopera.com
Who is the CEO of New York City Opera?
Michael Capasso is the General Dire of New York City Opera.
Official website here: www.nycopera.com
What is the revenue of New York City Opera?
New York City Opera's revenue in 2022 was $2,207,574.
Official website here: www.nycopera.com
Who are the executives of New York City Opera and what are their salaries?
The average compensation at New York City Opera during 2022 was $41,774. There are 17 employees at New York City Opera.
Here are 11 key members and their salaries:
- Compensation: $96,154
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- Other: $0
- Compensation: $29,615
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Official website here: www.nycopera.com
Where can I find the form 990 for New York City Opera?
New York City Opera's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nycopera.com
Learn more at the official website: www.nycopera.com
Mission Statement of New York City Opera
New York City Opera, renowned as "The People's Opera," has a mission that extends beyond just presenting opera performances. Established over seven decades ago, its historic purpose remains unchanged: to inspire audiences with innovative and captivating opera productions. This mission is not limited to the stage, but also encompasses nurturing the talents of emerging American artists, and expanding its audience base through affordable ticket prices and extensive outreach and education programs. By doing so, New York City Opera continues to uphold its legacy while also promoting accessibility and opportunities in the field of opera.
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Impact
August, 2024
New York City Opera has a significant impact on the cultural landscape of New York City and beyond. By inspiring audiences with innovative and theatrically compelling opera performances, the organization plays a vital role in enriching the arts scene. Through its entrepreneurial business model and strategic partnerships, City Opera has been able to reach a wide audience, both traditional opera-goers and newcomers.
One of the key aspects of City Opera's impact is its commitment to educational outreach. By providing opportunities for thousands of New York City school children to attend dress rehearsals and experience opera up close, the organization is fostering a new generation of arts enthusiasts. Additionally, the company presents family-friendly adaptations of classic operas, introducing even the youngest audiences to this art form.
Furthermore, City Opera renews its tradition of making opera accessible to all by offering free performances in Bryant Park, enabling thousands of New Yorkers to enjoy opera in a relaxed setting. This dedication to reaching diverse audiences and engaging with the community underscores the organization's mission to be "the People's Opera," a title bestowed upon it at its founding in 1943.
Overall, New York City Opera's impact extends beyond the stage, contributing to the cultural vibrancy of the city and ensuring that opera remains a dynamic and inclusive art form for future generations.
This information is meant to be a general summary of New York City Opera. 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: $70,423
- Program Service Revenue: $135,750
- Gross Receipts: $2,207,574
Assets and Liabilities:
- Total Assets: $1,694,292
- Total Liabilities: $1,806,983
- Net Assets: -$112,691
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET REVENUE
Revenue
$135,750
Organization Details
Founding Year
1978
Phone
(646) 981-1888Principal Officer
Michael Capasso
Main Address
142 W 57TH STREET 11TH FLOOR, NEW YORK, NY, 10019
Website
www.nycopera.comNTEE Category
Code: A6A0 - Arts
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