Alamo City Opera

Nonprofit profile at a glance

EIN
454562793
IRS 990 coverage
2014–2017
Forms available
Form 990 2017, Form 990-EZ 2013
Location
San Antonio, TX, USA
Phone
2103146696
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$239,618
Expenses
$216,809
Assets
$83,478
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • CAROL KAROTKIN (PRESIDENT)

People named in this filing

  • CAROL KAROTKIN (PRESIDENT)
  • J MICHAEL GAFFNEY (VICE PRESIDE)
  • EDITH MCALLISTER (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Opera piccola's mission is to create a dynamic, intimate operatic experience, and to inspire our audiences, artists, and community. Our artistic mission is to pursue excellence in the presentation of diverse repertoire, through innovative original productions and detailed performance practice, and to provide opportunity to artists throughout the us at all stages of their careers, from student to mentor. In doing so, we will advance and preserve the traditions of our art form.

What it reported doing in 2017

In 2017, alamo city opera celebrated its 6th season of professional opera with a two local premieres, a celebrated fairy tale and opera presented at travis park. The season opened with rossini's great comedy cinderella, performed in english at the carver cultural center. The opera then produced its first spanish work with daniel catan's la hija de rappacini at palo alto performing arts center. Following these critically acclaimed performances, alamo city opera presented speed dating tonight at the buena vista theatre with music specifically written for sa's moipei triplets. The season ended with a well-attended performance of opera standards at travis park, free and open to the public. The company also presented 4 performances that were free admission for public students from 10 different school districts in san antonio.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the required major-donor schedule is missing or incomplete.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 75
  • Accountability: 64
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.4%; rating input score 81
  • Program expense ratio: 89.9%; rating input score 90
  • Fundraising efficiency: $32.57 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.5%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 20.3% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 81.4% of revenue deployed · 89.9% of spending went to programs
  • Governance: 14 of 14 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $195K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 4 filing years from 2014 to 2017
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.