An Opera Theatre
Nonprofit profile at a glance
- EIN
- 853902897
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Minneapolis, MN, USA
- Phone
- 6128897918
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $157,089
- Expenses
- $132,595
- Assets
- $174,068
- Liabilities
- $1,756
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Thomas Forsythe (Board Member)
- Yunyue Liu (Board Member)
- Andrew Eggum (Board Chair)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To produce socially relevant works in order to break down the barriers of the classical art form and bring communities together.
What it reported doing in 2024
AOT's education program, Opera Immersion, took on a new education partner and began a residency at Gordon Parks High School in St. Paul. The students at this "last chance" school were very receptive to learning about theatrical production and worked together alongside our teaching artists to create a new production of a scene from Rigoletto by Verdi and a Zarzuela opera.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- 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.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.3%; rating input score 69
- Program expense ratio: 82.1%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 15.6%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.31; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 26.8% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 23.4% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 32.9% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 69.3% of revenue deployed · 82.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $109K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.