Overview
What is Opera Carolina?
Opera Carolina is a distinguished nonprofit organization situated in Charlotte, North Carolina, with a postal address at 1600 Elizabeth Ave. Their primary objective is to inspire and entertain the diverse community in the Carolinas through the presentation of exceptional opera, operetta, music theatre, educational, and outreach programs. By doing so, they aim to enhance the quality of life in the region. Their main stage productions showcase a variety of performances that align with their exempt purpose of providing accessibility to and fostering understanding of professional opera. Some significant activities include presenting three main stage operas, conducting in-school performances and workshops, organizing student nights at major events, and performing in remote communities across North Carolina. Opera Carolina, with a workforce of 62 individuals, continually strives to elevate the cultural landscape of the Carolinas.
Official website here: www.operacarolina.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Needs Improvement, Two-Star out of Four Star rating (69%).
Opera Carolina has a mixed performance in terms of accountability and financial health. While the organization boasts a fully independent board and has implemented several important governance policies like conflict of interest and whistleblower protections, it struggles significantly with the transparency of its financial statements, receiving no points for this area. However, its program expense ratio is relatively strong, indicating a commitment to allocating funds towards its programs.
Despite these strengths, the organization's high liabilities to assets ratio raises concerns about its financial sustainability. This could suggest potential difficulties in meeting its obligations, which may impact its operations and funding. Overall, while Opera Carolina demonstrates some solid governance practices, it needs to address its financial reporting and management issues to improve its standing and ensure long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Opera Carolina legitimate?
Opera Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opera Carolina 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: $120,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $589,076
For more financial information, click here
Official website here: www.operacarolina.org
What is the mission statement of Opera Carolina?
Opera Carolina's mission is to captivate and delight a diverse community by presenting exceptional opera, operetta, music theater, education, and outreach programs. These initiatives aim to enhance the quality of life in the Carolinas. The organization's significant activities include staging three main-stage operas and offering a variety of educational programs such as in-school performances, workshops, student nights, and performances in remote communities. The educational programs contribute to making professional opera more accessible and fostering a deeper understanding of the art form in the Carolinas.
Official website here: www.operacarolina.org
What is the revenue of Opera Carolina?
Opera Carolina's revenue in 2023 was $2,920,365.
Official website here: www.operacarolina.org
Who are the executives of Opera Carolina and what are their salaries?
The average compensation at Opera Carolina during 2023 was $9,720. There are 73 employees and 33 volunteers at Opera Carolina.
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Official website here: www.operacarolina.org
Where can I find the form 990 for Opera Carolina?
Opera Carolina's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.operacarolina.org
Learn more at the official website: www.operacarolina.org
Mission Statement of Opera Carolina
Opera Carolina, a renowned organization, is dedicated to inspiring and entertaining the diverse community in the Carolinas. Its mission is to achieve this through the presentation of exceptional opera, operetta, music theatre, education, and outreach programs. These initiatives aim to enhance the quality of life in the region. By hosting multiple main stage productions and offering a variety of educational programs, Opera Carolina provides accessible professional opera performances and contributes to the development of cultural appreciation within the Carolinas. The organization's activities, including in-school performances, workshops, student nights, and performances in remote communities, play a significant role in nurturing an appreciation for opera and elevating the region's cultural landscape.
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Impact
July, 2024
Opera Carolina's impact can be seen in its ability to inspire and entertain the region's diverse community through the presentation of excellent opera, operetta, music theatre, education, and outreach programs. By showcasing multiple productions on the main stage and offering educational activities such as in-school performances, workshops, and student nights, Opera Carolina plays a significant role in providing accessibility to and developing knowledge of professional opera. Additionally, its performances in remote communities in North Carolina elevate the quality of cultural life in the Carolinas. Overall, Opera Carolina's mission to engage and uplift its community through the arts is evident in the various programs and performances it offers.
This information is meant to be a general summary of Opera Carolina. 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: $32
- Program Service Revenue: $667,094
- Gross Receipts: $2,920,365
Assets and Liabilities:
- Total Assets: $515,766
- Total Liabilities: $2,951,740
- Net Assets: -$2,435,974
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION & ENGAGEMENT
Revenue
$667,094
Organization Details
Founding Year
1953
Principal Officer
James Meena
Website
www.operacarolina.orgNTEE Category
Code: A6A0 - Arts
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