Overview
What is Palm Beach Opera Inc?
Palm Beach Opera Inc, based in West Palm Beach, Florida, is a renowned nonprofit organization with a mission to produce live opera at an international standard of excellence. They enrich their community by offering a diverse range of educational programs, concerts, and lectures. At the heart of their activities are fully-staged world-class opera productions featuring a professional orchestra, internationally acclaimed soloists, conductors, directors, and scenic designers. These performances attract over 20,000 opera enthusiasts annually, significantly contributing to the economic health and social vitality of Palm Beach County. This year, the opera presented three main stage operas: Madama Butterfly, Così fan tutte, and Falstaff. Their annual fundraising gala featured the internationally renowned tenor, Piotyr Beczala. Palm Beach Opera Inc employs a team of 284 individuals, dedicated to sharing the magical world of opera with their community.
Official website here: www.pbopera.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Palm Beach Opera Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance, culture and community, and leadership adaptability. The organization demonstrates strong governance with a fully independent board of 27 members, and it scores perfectly on financial oversight and conflict of interest policies. The nonprofit has effectively utilized its resources, with a program expense ratio of 76.55%, indicating a solid commitment to its mission.
The organization's dedication to transparency and stakeholder engagement is evident, as reflected in their perfect scores for constituent feedback collection and usage. Their practices are guided by a robust set of policies, ensuring ethical management and effective communication with stakeholders. This strong foundation fosters trust and engagement within the community and among supporters.
While Palm Beach Opera Inc showcases outstanding financial health and operational practices, it remains crucial for them to continue evolving and responding to community needs. The high score in equity strategies suggests a commitment to inclusivity, reinforcing the importance of engaging diverse audiences in their programming and outreach efforts. Overall, the organization stands out as a leader in the nonprofit sector, effectively balancing its artistic mission with responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Beach Opera Inc legitimate?
Palm Beach Opera Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach Opera 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,390,049
For more financial information, click here
Official website here: www.pbopera.org
What is the mission statement of Palm Beach Opera Inc?
Palm Beach Opera Inc is committed to delivering live opera performances at an international standard of excellence, enriching the local communities through a diverse array of educational programs, concerts, and lectures. The organization's core programs include world-class opera productions featuring professional orchestras, internationally acclaimed soloists, conductors, directors, and scenic designers. These productions attract a diverse audience of over 20,000 opera enthusiasts, significantly contributing to the economic health and social vitality of the area. Palm Beach Opera Inc also hosts annual fundraising galas, showcasing renowned singers, such as the recent event featuring Piotyr Beczala. The organization's activities extend beyond performances, encompassing educational programs to engage and inspire the community.
Official website here: www.pbopera.org
What is the revenue of Palm Beach Opera Inc?
Palm Beach Opera Inc's revenue in 2024 was $5,042,467.
Official website here: www.pbopera.org
Who are the executives of Palm Beach Opera Inc and what are their salaries?
The average compensation at Palm Beach Opera Inc during 2024 was $11,414. There are 297 employees and 21 volunteers at Palm Beach Opera Inc.
Here are 27 key members and their salaries:
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Official website here: www.pbopera.org
Where can I find the form 990 for Palm Beach Opera Inc?
Palm Beach Opera Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pbopera.org
Learn more at the official website: www.pbopera.org
Mission Statement of Palm Beach Opera Inc
Palm Beach Opera Inc is committed to delivering live opera performances at an international standard of excellence, enriching the lives of the communities it serves. Through a diverse range of educational programs, concerts, and lectures, the organization aims to elevate the cultural landscape. The nonprofit's core offerings include full-scale, world-class opera productions featuring professional orchestras, internationally acclaimed soloists, conductors, directors, and scenic designers. These productions draw a diverse audience of over 20,000 opera enthusiasts, contributing significantly to the economic health and social vitality of the community.
In addition to its opera productions, Palm Beach Opera Inc also hosts annual fundraising galas, featuring renowned artists such as Piotyr Beczala. Previous galas have showcased singers like Diana Damrau, Michael Fabiano, Joyce Didonato, Matthew Polenzani, and Renee Fleming. These events not only provide entertainment but also serve as a platform to raise funds for the organization's operations and programs. By combining artistic excellence with community engagement, Palm Beach Opera Inc is dedicated to enriching the lives of its audience and promoting the art of opera.
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Impact
July, 2024
Palm Beach Opera Inc's impact is significant in enriching the cultural landscape of Palm Beach County through its high-quality, fully staged opera productions featuring world-class talent. With a diverse audience of over 20,000 opera lovers, Palm Beach Opera contributes to the economic health and social vitality of the community. Additionally, the organization offers a range of educational programs, concerts, and lectures to further engage and inspire the local community. Through its dedication to producing opera at an international standard of excellence, Palm Beach Opera plays a vital role in fostering a vibrant arts scene in West Palm Beach, Florida.
This information is meant to be a general summary of Palm Beach Opera 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: $98,067
- Program Service Revenue: $1,426,746
- Gross Receipts: $5,345,061
Assets and Liabilities:
- Total Assets: $10,212,309
- Total Liabilities: $1,728,733
- Net Assets: $8,483,576
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERAS & CONCERTS
Revenue
$1,426,746
Organization Details
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