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Indianapolis Opera Company

Indianapolis Opera

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351405179 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indianapolis Opera Company?

The Indianapolis Opera Company, abbreviated as IO, is a nonprofit organization situated at 4011 N Pennsylvania St, Indianapolis, IN 46205. Their primary goal is to enlighten, captivate, and amuse the Hoosier community by crafting and showcasing musical narratives through opera and vocal music performances. During the 2021-2022 season, they successfully engaged an audience of 31,419 individuals with their passion-filled and artistic productions, furthering their mission to inspire and entertain. The Indianapolis Opera Company is led by a team of 23 dedicated professionals, working tirelessly to bring exceptional musical storytelling to the heart of Indiana.


Official website here: www.indyopera.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

The Indianapolis Opera Company has achieved an impressive score of 96%, signifying a strong commitment to accountability and financial health. This rating, derived entirely from the Accountability & Finance beacon, illustrates that the organization adheres to high standards in managing its resources. The charity's independent board, fully comprised of 100% independent members, further reinforces its governance strength.

The organization's financial practices are commendable, with a program expense ratio of 73.29%, indicating that a significant portion of funds is utilized for program-related activities. Additionally, the charity has no material diversion of assets, and its financial statements are subject to rigorous audit and oversight. The presence of established policies, such as conflict of interest and whistleblower protections, highlights the Indianapolis Opera Company's commitment to transparency and ethical operations.

While the ratings reflect a solid organizational foundation, it is important for stakeholders and potential donors to continually monitor performance and ensure that the company maintains its standards of accountability in the face of changing circumstances. Overall, the Indianapolis Opera Company stands out as a responsible and effective nonprofit in the arts sector.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Indianapolis Opera Company?

88% of 98 reviewers on Facebook recommend the Indianapolis Opera Company. Here is a summary of their reviews:

Many audiences express their appreciation for the performances, highlighting the talent of the young artists involved. Reviewers note that the performances are not only impressive but also showcase the potential of these emerging artists, suggesting they are on a promising path in their artistic careers.

Overall, the sentiment towards the Indianapolis Opera Company is positive, with attendees feeling that the organization effectively supports and showcases upcoming talent in the opera scene. Many share enthusiasm for the future of the company and its artists.


This AI summary has been generated from reviews found on Facebook.

Is Indianapolis Opera Company legitimate?

Indianapolis Opera Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Opera Company 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: $92,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $318,918

For more financial information, click here


Official website here: www.indyopera.org

What is the mission statement of Indianapolis Opera Company?

The Indianapolis Opera Company's mission is centered around enlightening, motivating, and amusing its audience through the production and showcasing of musical narratives. By embracing the allure and emotion of opera and vocal music, the organization seeks to engage with the community in Indiana during their 2021-2022 season. The company's efforts reach an audience of 31,419 individuals, thereby contributing to the cultural richness and artistic appreciation of musical storytelling.


Official website here: www.indyopera.org

Who is the CEO of Indianapolis Opera Company?

Stephanie L Shaw is the Board Member of Indianapolis Opera Company.


Official website here: www.indyopera.org

What is the revenue of Indianapolis Opera Company?

Indianapolis Opera Company's revenue in 2022 was $1,429,356.


Official website here: www.indyopera.org

Who are the executives of Indianapolis Opera Company and what are their salaries?

The average compensation at Indianapolis Opera Company during 2022 was $17,866. There are 23 employees and 65 volunteers at Indianapolis Opera Company.


Here are 26 key members and their salaries:


Matthew Mindrum (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Deford (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schultz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Thompson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Goldstein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Shaw (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnold Hanish (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudette Einhorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Ellinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Feigenbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Gibbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Muffi James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Manges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tameka Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Paz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimann Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Gigax (Director - Joined 7/1/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Hussar (Director - Joined 7/1/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ponce Tidwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Christian (Director - Joined 7/1/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Silvana Martini Schuster (Director - Exited 9/11/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Starkey (General Director)
  • Compensation: $92,005
  • Related: $0
  • Other: $0


Official website here: www.indyopera.org

Where can I find the form 990 for Indianapolis Opera Company?

Indianapolis Opera Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.indyopera.org

Learn more at the official website: www.indyopera.org

Mission Statement of Indianapolis Opera Company

The Indianapolis Opera Company is committed to enlightening, inspiring, and entertaining the local community in Indiana through the crafting and performance of musical narratives. By engaging in the creation and presentation of operatic tales, this organization seeks to touch the hearts and minds of its audience, reaching an impressive 31,419 individuals during the 2021-2022 season. The mission of the Indianapolis Opera Company is to leverage the power of music and storytelling to captivate, educate, and uplift its audience, thereby contributing to a culturally enriched community.

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Impact




October, 2024

The Indianapolis Opera Company plays a significant role in enriching the cultural landscape of Indiana by providing dynamic musical storytelling that educates, inspires, and entertains the Hoosier community. Through its performances, the company reaches a diverse audience, exemplifying the power of opera and vocal music. In the 2021-2022 season alone, it captivated 31,419 attendees, showcasing its ability to engage and connect with the public.

By offering high-quality productions, the Indianapolis Opera fosters a deeper appreciation for the arts, while also making opera accessible to a wider audience. Through its educational initiatives, the company nurtures the next generation of artists and opera enthusiasts, ensuring the longevity and relevance of the art form within the community. Overall, the Indianapolis Opera Company significantly contributes to the cultural vibrancy of Indianapolis and enhances the artistic experience for residents and visitors alike.




This information is meant to be a general summary of Indianapolis Opera Company. 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.

Revenue
$1,429,356 (2022)
Expenses
$998,769 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $458
  • Program Service Revenue: $186,026
  • Gross Receipts: $1,525,439

Assets and Liabilities:

  • Total Assets: $3,256,088
  • Total Liabilities: $407,896
  • Net Assets: $2,848,192

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Ticket Sales

Revenue

$121,279

Outreach/Education

Revenue

$64,747

Organization Details

Founding Year

1975

Principal Officer

Stephanie L Shaw

Main Address

4011 N Pennsylvania St, Indianapolis, IN, 46205

NTEE Category

Code: A6A0 - Arts

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