Overview
What is Madison Opera Foundation Inc?
Madison Opera Foundation Inc, situated in Madison, Wisconsin, serves as a supporting organization for the Madison Opera Inc. Their primary role is to bolster and enhance the opera's activities. This nonprofit entity is dedicated to contributing positively to the Madison Opera's operations, ultimately enriching the opera experience for the community.
Official website here: www.madisonopera.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Madison Opera Foundation Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is calculated with a strong emphasis on its financial management, demonstrating a commitment to transparency and effective governance. The 97% score reflects the organization’s solid practices, particularly in maintaining a fully independent board and ensuring no material diversion of assets.
The organization excels in various areas, including a program expense ratio of 89.36%, which signifies that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, the foundation has established robust policies, such as conflict of interest and whistleblower policies, contributing to its transparency and ethical standards. This commitment suggests that the Madison Opera Foundation is well-equipped to use its resources effectively to support its mission.
There are no significant limitations or concerns noted in the available data, making the Madison Opera Foundation Inc a trustworthy choice for donors looking to support the arts. Its strong governance practices and financial stability position it as a reliable nonprofit in the cultural sector.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Opera Foundation Inc legitimate?
Madison Opera Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Opera Foundation 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.
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For more financial information, click here
Official website here: www.madisonopera.org
What is the mission statement of Madison Opera Foundation Inc?
The Madison Opera Foundation Inc., serving as a supporting organization, is committed to fostering the growth and success of the Madison Opera Inc. Their mission is centered around providing essential assistance and resources to further enhance the operatic arts and related activities. By working in close collaboration with the Madison Opera Inc., the foundation aims to contribute to the enrichment of the operatic community and promote the appreciation of this art form.
Official website here: www.madisonopera.org
Who is the CEO of Madison Opera Foundation Inc?
Joyce Hirsch is the President of Madison Opera Foundation Inc.
Official website here: www.madisonopera.org
What is the revenue of Madison Opera Foundation Inc?
Madison Opera Foundation Inc's revenue in 2023 was $181,414.
Official website here: www.madisonopera.org
Who are the executives of Madison Opera Foundation Inc and what are their salaries?
There 11 volunteers at Madison Opera Foundation Inc.
Here are 11 key members and their salaries:
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Official website here: www.madisonopera.org
Where can I find the form 990 for Madison Opera Foundation Inc?
Madison Opera Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.madisonopera.org
Learn more at the official website: www.madisonopera.org
Mission Statement of Madison Opera Foundation Inc
The Madison Opera Foundation Inc, serving as the supporting organization of the Madison Opera Inc., is dedicated to advancing the cause of opera in an unspecified location. Its primary mission is to foster and promote the growth of the Madison Opera Inc., ensuring its continued success and impact in the world of opera. By providing essential support, the Foundation enables the Madison Opera Inc. to deliver captivating operatic performances, engage with the local community, and nurture future generations of opera enthusiasts and artists.
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Impact
October, 2024
Madison Opera Foundation Inc plays a crucial role in the cultural landscape of Madison, Wisconsin, primarily by supporting the operations and initiatives of Madison Opera Inc. Through its efforts, the Foundation enhances the accessibility and appreciation of opera in the community, fostering a vibrant arts scene.
The Foundation's commitment to the arts not only enriches the local culture but also offers residents and visitors a chance to experience the transformative power of live performances. By providing financial support and resources, it helps ensure that high-quality operatic productions can be staged, attracting diverse audiences and nurturing a love for this art form.
Additionally, Madison Opera Foundation Inc contributes to the education and engagement of the community. It often organizes events and outreach programs that introduce opera to new audiences, fostering a deeper understanding of the art form. This engagement with the community cultivates a more inclusive cultural environment, where individuals from all backgrounds can experience and enjoy opera.
Overall, Madison Opera Foundation Inc significantly impacts the artistic vitality of the region, promoting not only the art of opera but also the broader benefits that the arts bring to community cohesion, education, and economic vitality.
This information is meant to be a general summary of Madison Opera Foundation 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 2023.
- Investment Income: $142,414
- Gross Receipts: $237,686
Assets and Liabilities:
- Total Assets: $2,257,460
- Total Liabilities: $0
- Net Assets: $2,257,460
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Organization Details
Founding Year
2001
Phone
(608) 238-8085Principal Officer
Joyce Hirsch
Main Address
335 W MIFFLIN ST, MADISON, WI, 537032513
Website
www.madisonopera.orgNTEE Category
Code: A11 - Arts
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