Overview
What is Florentine Opera Company Inc?
The Florentine Opera Company Inc, situated in Milwaukee, Wisconsin, is a distinguished nonprofit organization committed to delivering a captivating and engaging opera experience. With a passionate drive to uphold the highest musical and theatrical standards, they produce a diverse range of operatic works. Their mission extends beyond the stage, with a focus on nurturing the current and future generations of opera enthusiasts and performers through community and educational programs. Boasting a workforce of 118 individuals, the Florentine Opera Company has proven its resilience in navigating challenges and thriving in an era of rapid change. Their initiatives, which include company premieres and school children's debuts, have left a lasting impact, as evidenced by memorable performances such as Ravel's Garden Scene and Jessica Jones' powerful rendition of Gilda in Rigoletto.
Official website here: www.florentineopera.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Florentine Opera Company Inc has achieved a 100% score, reflecting its strong performance in accountability and finance. This rating is significant as it indicates a high level of transparency and effective financial management, which are crucial for donor trust and organizational sustainability. The organization's fiscal responsibility is underscored by its robust financial ratios, including an impressive 78.55% program expense ratio, ensuring that a substantial portion of its funds directly supports its mission.
Strengths highlighted in the evaluation include a fully independent board and excellent practices in financial oversight, with no material diversion of assets. The company has established comprehensive policies, such as a conflict of interest and whistleblower policy, reinforcing its commitment to ethical governance. The board size and independence further enhance its ability to make sound decisions in the best interests of the organization.
While the financial management appears strong, the fundraising efficiency ratio indicates that the organization raises funds effectively, with a low cost per dollar raised. Overall, the Florentine Opera Company Inc demonstrates a commitment to excellence in both governance and financial stewardship, making it a trustworthy option for potential donors interested in supporting the arts.
This AI summary has been generated from information found on Charity Navigator.
Is Florentine Opera Company Inc legitimate?
Florentine Opera Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florentine Opera Company 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: $224,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,592,140
For more financial information, click here
Official website here: www.florentineopera.org
What is the mission statement of Florentine Opera Company Inc?
The Florentine Opera Company's mission is centered around producing a wide variety of operatic works, maintaining the highest musical and theatrical standards. They are committed to supporting community and educational programs that cultivate the current and future generations of opera audiences and practitioners. The company aims to provide an immersive opera experience that resonates with the rapidly changing lives of today, demonstrating adaptability and resilience in the face of challenges. Their initiatives span from company premieres to introducing opera to schoolchildren, showcasing their ability to innovate and overcome difficulties. The magic of their performances, such as Ravel's Garden Scene and Jessica Jones' powerful rendition of Gilda in Rigoletto, leave lasting impressions.
Official website here: www.florentineopera.org
Who is the CEO of Florentine Opera Company Inc?
Maggey Oplinger is the CEO of Florentine Opera Company Inc The CEO's salary of Florentine Opera Company Inc is $156,075 and their total compensation is $157,258.
Official website here: www.florentineopera.org
What is the revenue of Florentine Opera Company Inc?
Florentine Opera Company Inc's revenue in 2024 was $2,846,186.
Official website here: www.florentineopera.org
Who are the executives of Florentine Opera Company Inc and what are their salaries?
The average compensation at Florentine Opera Company Inc during 2024 was $26,714. There are 68 employees and 34 volunteers at Florentine Opera Company Inc.
Here are 25 key members and their salaries (Florentine Opera Company Inc's CEO's salary is $156,075 and their total compensation is $157,258):
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- Compensation: $156,075
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Official website here: www.florentineopera.org
Where can I find the form 990 for Florentine Opera Company Inc?
Florentine Opera Company Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.florentineopera.org
Learn more at the official website: www.florentineopera.org
Mission Statement of Florentine Opera Company Inc
The Florentine Opera Company is committed to showcasing a diverse range of operatic works, upholding the highest standards of music and theater. Their mission extends beyond stage performances, as they also strive to support community and educational programs that nurture the current and future generations of opera enthusiasts and practitioners. By producing operas that resonate with contemporary audiences and providing educational opportunities, the Florentine Opera Company aims to preserve and advance the art form, while fostering a passion for opera among diverse communities.
In their pursuit of artistic excellence and community engagement, the Florentine Opera Company has accomplished notable achievements in recent seasons. They have premiered new operas, introduced school children to the enchanting world of opera, and navigated challenges with innovative solutions. The magic of their performances, such as the captivating Garden Scene with the frog dance, and Jessica Jones' powerful rendition of Gilda in Rigoletto, have left a lasting impression on both the company and its audience. Through their commitment to artistic and community touchpoints, the Florentine Opera Company continues to inspire and engage audiences, championing the timeless power of opera.
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Impact
July, 2024
The Florentine Opera Company Inc's impact lies in its commitment to producing a wide range of operatic works at the highest musical and theatrical standards while supporting community and education programs that nurture both current and future generations of opera enthusiasts and practitioners. This organization plays a vital role in preserving the immersive and dramatic experience of opera, which resonates with the rapidly changing nature of our lives today. By premiering new works and engaging with school children, the Florentine Opera Company brings the magic of opera to Milwaukee, offering artistic and community touchpoints that enrich the local cultural landscape. Through responsible stewardship of resources and innovation, the company continues to evolve and grow, ensuring that the beauty and power of operatic performances endure for years to come.
This information is meant to be a general summary of Florentine Opera Company 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: $220,901
- Program Service Revenue: $317,079
- Gross Receipts: $4,353,455
Assets and Liabilities:
- Total Assets: $8,307,289
- Total Liabilities: $765,756
- Net Assets: $7,541,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$266,840
EDUCATION AND OUTREACH PROGRAMS
Revenue
$49,789
SET RENTALS
Revenue
$450
Organization Details
Founding Year
1968
Principal Officer
Maggey Oplinger
Website
www.florentineopera.orgNTEE Category
Code: A6A0 - Arts
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