Overview
What is Lithuanian Opera Co?
The Lithuanian Opera Company of Chicago is a distinguished nonprofit organization, established by Lithuanian immigrants in 1956. Their primary mission is to preserve and promote Lithuanian culture through operatic performances and events, showcasing their productions in the Lithuanian language. The company, located in Lemont, Illinois, sells tickets for these performances and events, operating as a cultural beacon for Lithuanian-speaking individuals. The Lithuanian Opera Co is a not-for-profit organization, attracting individuals of various ages and professions who share a common passion for preserving Lithuanian heritage.
Official website here: www.operalt.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
The Lithuanian Opera Co has received a low overall score primarily due to its Accountability & Finance metrics, which stands at 36%. While the organization excels in certain areas, such as having a fully independent board and no material diversion of assets, significant weaknesses are evident in their policies, such as the absence of a conflict of interest policy, whistleblower policy, and document retention protocols.
Additionally, the organization's program expense ratio is notably low at 14.68%, indicating that a minimal portion of its funds is directed toward its programs. This raises concerns about the effectiveness of its financial management and the overall impact of its operations. Potential donors and supporters may want to consider these factors when evaluating the Lithuanian Opera Co's performance and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Lithuanian Opera Co legitimate?
Lithuanian Opera Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lithuanian Opera Co 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:
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For more financial information, click here
Official website here: www.operalt.com
What is the mission statement of Lithuanian Opera Co?
The Lithuanian Opera Company, established by Lithuanian immigrants in 1956, serves as a cultural nonprofit organization. Its primary mission is to promote and preserve Lithuanian language and culture. The company achieves this by presenting operas in the Lithuanian language. Operating as a not-for-profit organization, the Lithuanian Opera Company brings together individuals from various age groups and professions, united by their shared passion for Lithuanian culture. The company has celebrated significant milestones, including its 50th anniversary in 2006, and continues to contribute to the preservation and celebration of Lithuanian heritage through its operatic performances.
Official website here: www.operalt.com
Who is the CEO of Lithuanian Opera Co?
Mindaugas Razumas is the President of Lithuanian Opera Co.
Official website here: www.operalt.com
What is the revenue of Lithuanian Opera Co?
Lithuanian Opera Co's revenue in 2023 was $32,946.
Official website here: www.operalt.com
Who are the executives of Lithuanian Opera Co and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.operalt.com
Where can I find the form 990 for Lithuanian Opera Co?
Lithuanian Opera Co's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.operalt.com
Learn more at the official website: www.operalt.com
Mission Statement of Lithuanian Opera Co
The Lithuanian Opera Company, established by Lithuanian immigrants, serves as a cultural nonprofit organization with a mission to promote Lithuanian language and culture. This Chicago-based organization, celebrating its existence for over half a century, presents operas in the Lithuanian language. Comprised of individuals from various ages and professions, the Lithuanian Opera Company aims to preserve and share the rich cultural heritage of Lithuania through its operatic performances. By presenting operas in the Lithuanian language, the company ensures that the Lithuanian language is maintained and celebrated within the broader cultural context.
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Impact
August, 2024
The Lithuanian Opera Co, based in Lemont, IL, has a significant impact on promoting Lithuanian culture and language through its operatic performances and events. Established in 1956 by Lithuanian immigrants, the company has been dedicated to preserving and showcasing the rich cultural heritage of Lithuania through the art form of opera.
By presenting operas in the Lithuanian language, the Lithuanian Opera Co serves as a cultural bridge connecting the local community with the traditions and beauty of Lithuanian arts. Through its efforts, the company helps to keep the language and culture alive, ensuring that future generations have the opportunity to experience and appreciate the unique artistic expressions of Lithuania.
Overall, the Lithuanian Opera Co's impact extends beyond just entertainment, playing a vital role in promoting and preserving Lithuanian heritage in the United States.
This information is meant to be a general summary of Lithuanian Opera Co. 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.
- Program Service Revenue: $14,820
- Gross Receipts: $32,946
Assets and Liabilities:
- Total Assets: $66,029
- Total Liabilities: $0
- Net Assets: $66,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale - Tickets to LT Opera Organized Events
Revenue
$14,820
Organization Details
Founding Year
1977
Principal Officer
Mindaugas Razumas
Main Address
14911 E 127th St, Lemont, IL, 60439
Website
www.operalt.comNTEE Category
Code: A6A0 - Arts
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