Opera Guild Inc of Fort Lauderdale
Nonprofit profile at a glance
- EIN
- 590906317
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Fort Lauderdale, FL, USA
- Phone
- 3058541643
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $1,506,981
- Expenses
- $2,924,694
- Assets
- $0
- Liabilities
- $6,484,882
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- MARIA TODARO (GENERAL DIRECTOR AND CEO (AS OF 06/2024))
Highest reported compensation
- MARIA TODARO (GENERAL DIRECTOR AND CEO (AS OF 06/2024)): $176,751 total reported compensation
- SUSANA DIAZ (DIRECTOR OF FINANCE): $117,027 total reported compensation
- TANYA BYNG (CHIEF ADVANCEMENT OFFICER (THRU 02/2025)): $112,041 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Production and presentation of operas in their original languages to the public. Over 10,000 people benefited from the productions held in the 2024/2025 season. Studio artist program - founded in 1984, the studio artist ("sa") program has gained worldwide recognition as one of the leading operatic training programs in the united states. The sa program is designed for artists who have completed advanced degrees from the top music schools in the country and have often participated in other yearlong residency programs. The program not only exists to provide the highest caliber training for young opera singers but also serves as an invaluable community liaison. A vast number of outreach and education events are presented throughout broward county, bringing opera to new and diverse audiences throughout the region.
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.
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 fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 74
- Accountability: 67
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 71.9%; rating input score 72
- Fundraising efficiency: $2.55 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 82.6%; rating input score 83; 19th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -94.1%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1.1%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -0.5% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -26.4% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 71.9% of spending went to programs
- Governance: 19 of 23 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.1M in reported program spending
- Leadership: top reported pay $177K · 27 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $261K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 2 filed related-organization links
- 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 — Accountability: Governance controls: 4 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 7/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.