Overview
What is North Carolina Opera Inc?
North Carolina Opera Inc, located at 612 Wade Avenue 100, Raleigh, NC 27605, is a distinguished nonprofit organization dedicated to enriching the cultural scene in the Triangle area. Their primary mission is to present top-notch professional opera performances, cultivate an appreciation for the opera art form, and offer local artists a platform to hone their skills. Their repertoire spans both classical and contemporary operatic works, featuring both internationally renowned and promising local artists. With a dedicated workforce of 6 employees, North Carolina Opera Inc is committed to uplifting the local artistic community and contributing to the region's cultural landscape.
Official website here: www.ncopera.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
North Carolina Opera Inc received a commendable rating of 88%, indicating a solid level of accountability and financial health. With a fully independent board and strong financial oversight, the organization demonstrates a commitment to transparency and responsible governance. Their program expense ratio is notably high at 77.95%, suggesting that a significant portion of their funds is directed toward fulfilling their mission.
Despite these strengths, there are areas that require improvement. The organization lacks certain key policies, such as a whistleblower policy and a document retention and destruction policy, which could help enhance its governance framework. Additionally, the absence of their tax form on the nonprofit's website may hinder transparency for potential donors and stakeholders.
Overall, while North Carolina Opera Inc shows a strong dedication to its operational integrity and programmatic efforts, addressing these policy gaps could further strengthen its credibility and trustworthiness among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina Opera Inc legitimate?
North Carolina Opera Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Opera 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: $144,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,002
For more financial information, click here
Official website here: www.ncopera.org
What is the mission statement of North Carolina Opera Inc?
The North Carolina Opera Inc's mission is centered around enhancing the cultural scene in a specific area, often referred to as the Triangle. They strive to achieve this by presenting high-quality professional opera performances, fostering an appreciation for the opera art form, and offering local artists an opportunity to hone their talents. The organization's mainstage productions encompass a mix of classical and contemporary operatic repertoire, featuring both internationally renowned and promising local artists.
Official website here: www.ncopera.org
What is the revenue of North Carolina Opera Inc?
North Carolina Opera Inc's revenue in 2024 was $1,516,808.
Official website here: www.ncopera.org
Who are the executives of North Carolina Opera Inc and what are their salaries?
The average compensation at North Carolina Opera Inc during 2024 was $57,555. There are 7 employees and 37 volunteers at North Carolina Opera Inc.
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- Compensation: $122,930
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- Other: $14,845
Official website here: www.ncopera.org
Where can I find the form 990 for North Carolina Opera Inc?
North Carolina Opera Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ncopera.org
Learn more at the official website: www.ncopera.org
Mission Statement of North Carolina Opera Inc
North Carolina Opera Inc is dedicated to enriching the cultural landscape in the Triangle region by presenting top-notch professional opera performances. Their mission is multifaceted, aiming to not only entertain but also to cultivate an appreciation for the opera art form within the local community. Additionally, the organization provides a platform for local artists to hone their talents, offering them valuable opportunities to showcase their skills. North Carolina Opera Inc's mainstage productions encompass a diverse range of classical and contemporary operatic repertoires, showcasing both internationally acclaimed and promising local artists.
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Impact
October, 2024
North Carolina Opera Inc significantly enriches the cultural landscape of the Triangle region by delivering high-quality professional opera performances that span both classical and contemporary repertoires. By showcasing both internationally acclaimed talent and promising local artists, the organization fosters a vibrant arts community. Through its fully-staged, semi-staged, and concert performances, North Carolina Opera not only entertains but also cultivates a deeper appreciation for the art form. This commitment to artistic excellence enhances the cultural life of the area and provides local artists with essential opportunities for growth and development in their craft.
This information is meant to be a general summary of North Carolina Opera 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 2024.
- Investment Income: $9,038
- Program Service Revenue: $559,627
- Gross Receipts: $1,597,565
Assets and Liabilities:
- Total Assets: $762,869
- Total Liabilities: $178,319
- Net Assets: $584,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCES
Revenue
$559,627
Organization Details
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