Overview
What is Knoxville Opera Company?
The Knoxville Opera Company is a nonprofit organization situated in East Tennessee, dedicated to offering residents top-notch, locally crafted opera performances. Their purpose extends beyond entertainment, aiming to enrich the operatic art form by educating the community about its significance in our culture. By staging opera and musical productions, the company seeks to engage and inspire local audiences, thereby contributing to the future of this captivating art form.
Official website here: www.knoxvilleopera.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Knoxville Opera Company has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization’s score is primarily based on its strong governance practices, including having a fully independent board and a good track record in asset management. Key strengths include a high program expense ratio of 73.26%, showing a commitment to directing funds towards its core mission.
However, there are notable limitations in its accountability practices. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for transparency and good governance. While the overall financial health appears strong, these missing elements may raise concerns about the organization's risk management practices.
In summary, while Knoxville Opera Company demonstrates strong financial accountability and governance, addressing the noted deficiencies could enhance its operational integrity and public trust. Overall, the organization’s commitment to its mission and responsible financial management is commendable, but improvements in governance policies are needed.
This AI summary has been generated from information found on Charity Navigator.
Is Knoxville Opera Company legitimate?
Knoxville Opera Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Opera Company 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: $147,949
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,848
For more financial information, click here
Official website here: www.knoxvilleopera.com
What is the mission statement of Knoxville Opera Company?
The Knoxville Opera Company's mission is centered around providing the local community of East Tennessee with top-notch opera performances. Beyond entertainment, the company is committed to promoting the operatic art form and its cultural significance. To achieve this, they actively engage in educating the public about opera, emphasizing its role in society. The goal is twofold: to offer high-quality, locally produced opera and to contribute to the future of this art form by fostering a deeper understanding and appreciation among the community.
Official website here: www.knoxvilleopera.com
What is the revenue of Knoxville Opera Company?
Knoxville Opera Company's revenue in 2024 was $1,948,539.
Official website here: www.knoxvilleopera.com
Who are the executives of Knoxville Opera Company and what are their salaries?
The average compensation at Knoxville Opera Company during 2024 was $42,533. There are 9 employees and 170 volunteers at Knoxville Opera Company.
Here are 24 key members and their salaries:
- Compensation: $128,750
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $9,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.knoxvilleopera.com
Where can I find the form 990 for Knoxville Opera Company?
Knoxville Opera Company's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.knoxvilleopera.com
Learn more at the official website: www.knoxvilleopera.com
Mission Statement of Knoxville Opera Company
The Knoxville Opera Company, a renowned entity, is committed to delivering top-notch opera performances and musicals to the residents of East Tennessee. Beyond mere entertainment, the company's mission extends to fostering the future of the operatic art form. They achieve this by educating the community about the significance and cultural importance of opera. By doing so, the Knoxville Opera Company strives to enrich the lives of its audience and contribute to the preservation of this cherished art form.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Knoxville Opera Company's impact is significant in enriching the cultural landscape of East Tennessee by providing high-quality, locally produced opera and musicals to the community. Through their performances, the company not only entertains audiences but also educates them about the art form of opera and its cultural significance. By fostering a love for opera and musicals, Knoxville Opera Company contributes to the preservation and promotion of this art form, ensuring its future relevance and appreciation in the community.
This information is meant to be a general summary of Knoxville Opera Company. 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: $164,984
- Program Service Revenue: $688,399
- Gross Receipts: $1,948,539
Assets and Liabilities:
- Total Assets: $1,743,174
- Total Liabilities: $59,370
- Net Assets: $1,683,804
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$287,132
SPECIAL EVENTS
Revenue
$230,605
ROSSINI FESTIVAL
Revenue
$170,662
Organization Details
Founding Year
1976
Principal Officer
Allison Easterday Alexander
Website
www.knoxvilleopera.comNTEE Category
Code: A6A0 - Arts
If you are a representative of Knoxville Opera Company and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.