Overview
What is Merola Opera Program?
The Merola Opera Program, situated in San Francisco, California, is a distinguished nonprofit organization dedicated to nurturing and cultivating the talents of aspiring opera artists. Annually, over 800 hopeful candidates between the ages of 20 and 34 audition nationwide, with approximately 30 being chosen to participate in this comprehensive training program. In 2021, many artists who were initially selected for the 2020 program were granted the opportunity to engage in person due to the program's adjustments in response to the COVID-19 pandemic. Established with the aim of advancing the careers of skilled young opera singers, pianists, and stage directors, the Merola Opera Program offers an 11-12 week intensive training period. Despite the challenges posed by the pandemic, the 2021 program was condensed to 7 weeks and featured performances with piano instead of an orchestra. The program is entirely free of charge for participants, covering all in-person and online training expenses, as well as providing a weekly stipend. Merola Opera Program alumni remain eligible for career grants for the subsequent 5 years, and in 2022, five individuals were selected to become Adler Fellows with the San Francisco Opera, further advancing their professional careers in the opera world. Overall, the Merola Opera Program serves as a key stepping stone for the most promising young opera artists, fostering their growth and readiness for the opera industry.
Official website here: www.merola.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating)
The Merola Opera Program has received a stellar 99% rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization boasts a perfect score for its independent board structure, with all board members being independent, which enhances transparency and governance. Additionally, the nonprofit has effectively implemented numerous policies, including those for conflict of interest and whistleblower protections, which contribute to its overall robust operational framework.
Financially, the Merola Opera Program demonstrates impressive performance metrics, with a program expense ratio of 68.72%, indicating that a significant portion of its funds is directed toward its core mission. The organization also exhibits strong fundraising efficiency, raising $0.88 for every dollar spent, and a low liabilities to assets ratio of 1.32%, showcasing sound financial management. The working capital ratio of 11.15 years further underscores its stability and ability to sustain operations over the long term.
Despite its strengths, there are no notable limitations or concerns raised in the data, suggesting that the Merola Opera Program is well-managed and effectively utilizes its resources to further its mission in the arts. Overall, this high rating signals to potential donors and supporters that their contributions are likely to be used efficiently and responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is Merola Opera Program legitimate?
Merola Opera Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merola Opera Program 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: $167,093
Professional Fundraising Fees: $0
Other Salaries and Wages: $641,874
For more financial information, click here
Official website here: www.merola.org
What is the mission statement of Merola Opera Program?
The Merola Opera Program's mission is centered around the advanced education and professional development of exceptional young operatic talent. Their aim is to cultivate these individuals into accomplished opera singers, pianists, conductors, and directors, all exhibiting outstanding artistic abilities. The program selects approximately 30 candidates annually from nationwide auditions, offering them intensive training over a period of 11-12 weeks. Due to COVID-19, the 2021 program was reduced to 7 weeks and featured piano performances instead of an orchestra. The Merola Opera Program operates without charging its participants financially, covering all training expenses and providing a weekly stipend. Successful participants are eligible for career grants for the following five years, and some are selected to become Adler Fellows with the San Francisco Opera.
Official website here: www.merola.org
Who is the CEO of Merola Opera Program?
Jean K Kellogg is the Exec Director of Merola Opera Program.
Official website here: www.merola.org
What is the revenue of Merola Opera Program?
Merola Opera Program's revenue in 2022 was $3,463,701.
Official website here: www.merola.org
Who are the executives of Merola Opera Program and what are their salaries?
The average compensation at Merola Opera Program during 2022 was $89,885. There are 9 employees and 60 volunteers at Merola Opera Program.
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Official website here: www.merola.org
Where can I find the form 990 for Merola Opera Program?
Merola Opera Program's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merola.org
Learn more at the official website: www.merola.org
Mission Statement of Merola Opera Program
The Merola Opera Program is committed to fostering the growth and development of exceptional young talents in opera, focusing on singers, pianists, conductors, and stage directors. This San Francisco-based training program selects approximately 30 candidates out of over 800 auditioning artists aged between 20 and 34, offering them intensive training for 11-12 weeks. Due to the ongoing COVID-19 pandemic, the program was reduced to seven weeks in 2021, and all performances were held with piano rather than an orchestra. Merola Opera Program provides this comprehensive training free of charge for the artists, including in-person and online sessions, as well as a weekly stipend. Notably, participating artists remain eligible for career grants for the following five years, and five were chosen to become Adler Fellows with the San Francisco Opera in 2022. Overall, Merola Opera Program aims to nurture the highest artistic caliber of operatic talent, preparing them for successful careers in the field.
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Impact
July, 2024
The impact of the Merola Opera Program is profound, as it plays a crucial role in nurturing and developing young operatic talent into professional singers, pianists, conductors, and directors of the highest artistic caliber. Every year, this prestigious program selects a small group of exceptionally talented individuals, providing them with intensive training and mentorship over several weeks. By offering this opportunity free of financial burden, including a stipend and access to career grants, Merola empowers emerging artists to focus on their craft and pursue their passion for opera without economic constraints. Through this program, Merola not only contributes to the enrichment of the opera community but also ensures the continuity of this timeless art form by fostering the next generation of opera performers and leaders.
This information is meant to be a general summary of Merola Opera Program. 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 2022.
- Investment Income: $1,029,982
- Program Service Revenue: $130,087
- Gross Receipts: $20,805,415
Assets and Liabilities:
- Total Assets: $35,714,221
- Total Liabilities: $472,397
- Net Assets: $35,241,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Performance Revenues
Revenue
$130,087
Organization Details
Founding Year
1957
Phone
(415) 936-2315Principal Officer
Jean K Kellogg
Main Address
601 Van Ness Avenue S, San Francisco, CA, 94102
Website
www.merola.orgNTEE Category
Code: A6A0 - Arts
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