Overview
What is Central City Opera House Association?
The Central City Opera House Association, situated in Wheat Ridge, Colorado, is a distinguished nonprofit organization dedicated to enriching lives and communities through exceptional opera and musical theater performances. By presenting renowned opera masterpieces and innovative productions of rediscovered treasures and American works, they leverage the intimacy of their opera house and the picturesque Rocky Mountains. Their summer opera festival draws acclaimed directors, conductors, and artists from around the globe. Additionally, they offer engaging artistic and educational programs to diverse communities across the Rocky Mountain region, embracing diversity, equity, inclusion, and accessibility. The organization also preserves and protects the historic opera house and its entrusted properties, while cultivating and supporting emerging opera singers and performing arts professionals through world-class training programs. Maximum word count: 120
Official website here: www.centralcityopera.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% - Four-Star out of Four Star rating from Charity Navigator.
The Central City Opera House Association has received a strong 92% rating from Charity Navigator, reflecting high accountability and financial health. This rating is significant as it demonstrates the organization's commitment to transparency, with 100% independent board members and rigorous oversight practices in place, such as an audit and oversight committee that achieves full marks.
The organization shows excellent financial management with a program expense ratio of 82.21%, indicating that a substantial portion of its budget is directed towards programs rather than administrative costs. Furthermore, the fundraising efficiency ratio of $0.06 suggests that the nonprofit is effective in raising funds with minimal expenditure, showcasing efficient resource utilization.
However, the working capital ratio of 0.33 years may indicate some liquidity challenges, as it suggests that the organization may not have a significant buffer for short-term liabilities. Despite this limitation, the overall financial health and governance practices of the Central City Opera House Association position it as a trustworthy and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Central City Opera House Association legitimate?
Central City Opera House Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central City Opera House Association 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: $336,592
Professional Fundraising Fees: $84,000
Other Salaries and Wages: $2,625,369
For more financial information, click here
Official website here: www.centralcityopera.org
What is the mission statement of Central City Opera House Association?
The Central City Opera House Association aims to enrich lives and communities by providing a welcoming and inclusive environment. They achieve this through the creation of exceptional opera and musical theatre productions, delivering engaging artistic and educational programs to diverse communities across the Rocky Mountain region. The association is committed to preserving and protecting historical opera houses and other properties, and cultivating emerging opera singers and performing arts professionals through world-class training programs. Embracing diversity, equity, inclusion, and accessibility is a fundamental aspect of their operation in all facets of the organization.
Official website here: www.centralcityopera.org
Who is the CEO of Central City Opera House Association?
Scott Finlay is the CEO of Central City Opera House Association The CEO's salary of Central City Opera House Association is $165,096 and their total compensation is $166,054.
Official website here: www.centralcityopera.org
What is the revenue of Central City Opera House Association?
Central City Opera House Association's revenue in 2023 was $6,238,197.
Official website here: www.centralcityopera.org
Who are the executives of Central City Opera House Association and what are their salaries?
The average compensation at Central City Opera House Association during 2023 was $14,449. There are 205 employees and 66 volunteers at Central City Opera House Association.
Here are 29 key members and their salaries (Central City Opera House Association's CEO's salary is $165,096 and their total compensation is $166,054):
- Compensation: $169,979
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Official website here: www.centralcityopera.org
Where can I find the form 990 for Central City Opera House Association?
Central City Opera House Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centralcityopera.org
Learn more at the official website: www.centralcityopera.org
Mission Statement of Central City Opera House Association
Central City Opera House Association strives to enrich and improve the lives of the communities it serves by creating exceptional opera and musical theatre performances. The organization is committed to delivering engaging artistic and educational programs to diverse communities across the Rocky Mountain region. Central City Opera House Association places a strong emphasis on fostering a welcoming, inclusive environment that celebrates diversity, equity, inclusion, and accessibility in all its operations. The association also preserves and protects the historic Opera House and other properties entrusted to it. Lastly, Central City Opera House Association nurtures and supports emerging opera singers and performing arts professionals through world-class training programs.
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Impact
July, 2024
The Central City Opera House Association has a significant impact on the community by creating exceptional opera and musical theatre productions, delivering engaging artistic and educational programs to diverse communities throughout the Rocky Mountain region, and celebrating diversity, equity, inclusion, and accessibility in all facets of the organization. Additionally, the association plays a crucial role in preserving and protecting the historic opera house and other properties entrusted to Central City Opera, while also cultivating and supporting emerging opera singers and performing arts professionals through world-class training programs. Through its activities, the Central City Opera House Association enhances and enriches the lives of those it serves and provides a welcoming, inclusive environment of beauty and meaning.
This information is meant to be a general summary of Central City Opera House Association. 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: $7,618
- Program Service Revenue: $864,263
- Gross Receipts: $6,396,413
Assets and Liabilities:
- Total Assets: $3,618,166
- Total Liabilities: $881,576
- Net Assets: $2,736,590
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION REVENUE
Revenue
$831,879
SHUTTLE AND PARKING
Revenue
$22,234
EDUCATION AND OUTREACH
Revenue
$10,150
Organization Details
Founding Year
1932
Principal Officer
Scott Finlay
Website
www.centralcityopera.orgNTEE Category
Code: A82Z - Arts
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