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Heartbeat Opera Ltd

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

EIN: 474122815 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Heartbeat Opera Ltd?

Heartbeat Opera Ltd, based in New York City, is a nonprofit organization committed to revolutionizing the opera genre. With a team of 9 dedicated individuals, they emphasize the importance of community building and aesthetic brilliance in their productions. Heartbeat Opera presents unique adaptations and reinterpretations of classic operas, blending them with contemporary themes and interdisciplinary collaborations. Their mission is to address the problematic aspects of opera's history and work towards an inclusive and equitable future for the art form, all while promoting love and unity. Heartbeat Opera has showcased their innovative approach through performances such as Breathing Free, Messy Messiah, and Fidelio, which tackled topics like Black empowerment, holiday traditions, and social justice respectively.


Official website here: www.heartbeatopera.org

What are the reviews and ratings of this charity?

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

Heartbeat Opera Ltd demonstrates a strong commitment to accountability and financial health, evidenced by its impressive overall score derived entirely from the Accountability & Finance beacon. The organization has achieved full marks in several categories, including having a majority of independent board members, proper financial documentation, and effective conflict of interest and whistleblower policies. This high level of governance indicates a well-structured organization that prioritizes transparency.

Additionally, Heartbeat Opera Ltd allocates a significant portion of its budget to program expenses, with a program expense ratio of 84.93%. This suggests that the majority of its funds are directed towards its mission, which is crucial for nonprofit effectiveness. Its liabilities to assets ratio of 3.59% further reflects sound financial management and sustainability.

While the data highlights robust operational practices and financial prudence, the summary does not provide insights into the specific programs or impact of Heartbeat Opera Ltd’s work. Therefore, further exploration into how these financial strengths translate into community benefits may be beneficial for potential donors and supporters.


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

Is Heartbeat Opera Ltd legitimate?

Heartbeat Opera Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heartbeat Opera Ltd 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: $62,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,463

For more financial information, click here


Official website here: www.heartbeatopera.org

What is the mission statement of Heartbeat Opera Ltd?

Heartbeat Opera Ltd's mission is deeply rooted in the belief that opera should foster community and exude beauty. They are committed to producing innovative adaptations, rearrangements of classical operas, and interdisciplinary collaborations. Heartbeat Opera tackles the problematic aspects of opera's history and works towards establishing a more equitable and inclusive future for the art form, all driven by love. They aim to challenge opera's past and pioneer a new era that promotes diversity and inclusivity. Their performances often incorporate various art forms and explore contemporary themes, engaging a wide audience.


Official website here: www.heartbeatopera.org

Who is the CEO of Heartbeat Opera Ltd?

Jacob Ashworth is the Artistic Dir. of Heartbeat Opera Ltd.


Official website here: www.heartbeatopera.org

What is the revenue of Heartbeat Opera Ltd?

Heartbeat Opera Ltd's revenue in 2022 was $977,495.


Official website here: www.heartbeatopera.org

Who are the executives of Heartbeat Opera Ltd and what are their salaries?

The average compensation at Heartbeat Opera Ltd during 2022 was $28,240. There are 9 employees and 8 volunteers at Heartbeat Opera Ltd.


Here are 8 key members and their salaries:


Ethan Heard (Artistic Dir.)
  • Compensation: $51,494
  • Related: $0
  • Other: $0
Louise Proske (Resident Dir.)
  • Compensation: $10,468
  • Related: $0
  • Other: $0
Therese Esperdy (President/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Fitzpatrick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonja Berggren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Foster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Earl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Steinberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.heartbeatopera.org

Where can I find the form 990 for Heartbeat Opera Ltd?

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


Official website here: www.heartbeatopera.org

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

Mission Statement of Heartbeat Opera Ltd

Heartbeat Opera Ltd, an arts organization, is driven by the conviction that opera should not only be a source of excellence but also a means to foster community and inspire beauty. They are committed to challenging the problematic aspects of opera's past and promoting a future that is more equitable and inclusive, with love at its core. Through their work, Heartbeat Opera creates innovative adaptations of classical operas, reimagines familiar pieces, and encourages interdisciplinary collaboration. Their mission is to reconcile opera's historical issues and pave the way for a more inclusive and loving future within this art form.

In their operations, Heartbeat Opera demonstrates a strong commitment to community building and artistic excellence. They have showcased their adaptations in various settings, such as outdoor screenings, theatrical performances, and collaborations with renowned institutions like the Met Museum's METLive Arts. Heartbeat Opera's productions often tackle pressing social issues, as exemplified by their adaptation of Beethoven's Fidelio, which revisits the story through the lens of Black Lives Matter. This innovative approach allows Heartbeat Opera to engage audiences on multiple levels, while simultaneously challenging the status quo of the opera world.

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Impact




July, 2024

Heartbeat Opera Ltd's impact can be seen in its innovative and thought-provoking approach to opera, which challenges traditional norms and pushes boundaries in the art form. By creating incisive adaptations and revelatory arrangements of classics, Heartbeat Opera is reshaping the way audiences experience and engage with opera.

Furthermore, the organization's commitment to addressing the harmful aspects of opera's past and advocating for a more equitable and inclusive future demonstrates its dedication to social and cultural progress within the arts. By centering their work in themes of love, community, and beauty, Heartbeat Opera is not only entertaining audiences but also inspiring reflection and dialogue on important societal issues.

Through initiatives like the visual album "Breathing Free," the original drag extravaganza "Messy Messiah," and the reimagined adaptation of Fidelio, Heartbeat Opera is opening doors to new perspectives and voices in the opera world. By collaborating with institutions like the Met Museum and performing in various venues across the country, Heartbeat Opera is expanding its reach and amplifying the impact of its mission.

Overall, Heartbeat Opera Ltd's impact lies in its ability to create transformative experiences that challenge conventions, promote inclusivity, and foster a deeper connection between art and community.




This information is meant to be a general summary of Heartbeat Opera Ltd. 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
$977,495 (2022)
Expenses
$890,346 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,624
  • Program Service Revenue: $261,817
  • Gross Receipts: $977,495

Assets and Liabilities:

  • Total Assets: $491,262
  • Total Liabilities: $9,727
  • Net Assets: $481,535

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Programs

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

Co-production fees

Revenue

$37,092

Education revenue

Revenue

$1,400

Presenting & touring fees

Revenue

$190,000

Ticket sales

Revenue

$33,325

Organization Details

Founding Year

2015

Principal Officer

Jacob Ashworth

Main Address

37 W 20th Street 703, New York, NY, 10011

NTEE Category

Code: A6A - Arts

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