Microscopic Opera Company
Nonprofit profile at a glance
- EIN
- 272295236
- IRS 990-EZ coverage
- 2012–2013
- Forms available
- Form 990-EZ 2013, Form 990-N 2011
- Location
- Pittsburgh, PA, USA
- Phone
- 4125809267
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $122,969
- Expenses
- $118,489
- Assets
- $25,612
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Andres Cladera (Artistic Director, Board President)
- Erica Olden (Executive Director)
People named in this filing
- Andres Cladera (Artistic Director, Board President)
- Erica Olden (Executive Director)
- Dina Law (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-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Microscopic Opera Company creates innovative performances of modern American chamber opera, featuring professional musicians from the Pittsburgh area.
What it reported doing in 2013
Program: In September 2013, we produced one of our most challenging works to date, the Pittsburgh premiere of Tobias Picker's thrilling opera, Therese Raquin. Therese Raquin was produced as a collaboration with CAPA High School's Theater Department, as well as a close working relationship with composer Tobias Picker, who was in attendance on closing night. Therese Raquin was the first Microscopic production to use video / film installations, and this huge success began a new partnership with film maker, Joe Seamans, who continues to work with Microscopic in this capacity. Therese Raquin was produced at CAPA Theater, September 13, 15, 17, 19 and 21 at 8pm (7pm Sunday). Director, Gregory Lehane. Music Director, Andres Cladera.
Operating model
- Revenue model
- Donor-supported. 76% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 82.3%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.6%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 86; 86th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 66.3% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 51.9% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 19.2% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 79.3% of revenue deployed · 82.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $97K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2012 to 2013
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.