Skip to content
Nonprofiteer
← DES MOINES METRO OPERA FOUNDATION INC

Form 990 for tax year 2023

Filed by DES MOINES METRO OPERA FOUNDATION INC.

Totals

Total revenue
$852,076
Total expenses
$2,131,053
Contributions and grants received
$258,700
Grants paid
$2,088,450
Program service revenue
$0
Investment income
$593,376
Other revenue
$0
Total assets, end of year
$21,769,956
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$21,769,956
Program services expenses (Part IX)
$2,088,450
Management and general expenses
$42,603
Fundraising expenses
$0
Program service expenses (Part III)
$2,088,450

Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $258,700

  • 3 · Investment income

    total $502,328 · excluded $502,328

  • 7a · Gross sales of assets other than inventory

    securities $2,063,450

  • 7b · Less cost or other basis and sales expenses

    securities $1,972,402

  • 7c · Gain or loss

    securities $91,048

  • 7d · Net gain or loss

    total $91,048 · excluded $91,048

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,088,450 · program services $2,088,450

  • 11c · Fees: accounting

    total $6,800 · management and general $6,800

  • 11f · Fees: investment management

    total $35,430 · management and general $35,430

  • 14 · Information technology

    total $373 · management and general $373

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $7,882 · end of year $10,119

  • 3 · Pledges and grants receivable

    beginning of year $1,891,325 · end of year $1,328,040

  • 4 · Accounts receivable

    beginning of year $44,928 · end of year $47,474

  • 11 · Investments: publicly traded securities

    beginning of year $17,633,121 · end of year $19,557,679

  • 12 · Investments: other securities

    beginning of year $147,112 · end of year $146,952

  • 15 · Other assets

    beginning of year $648,192 · end of year $679,692

  • 27 · Net assets without donor restrictions

    beginning of year $17,416,880 · end of year $19,293,749

  • 28 · Net assets with donor restrictions

    beginning of year $2,955,680 · end of year $2,476,207

Mission and programs · 2023

Mission

TO SUPPORT THE OPERATIONS OF THE DES MOINES METRO OPERA, INC.

  • FINANCIAL SUPPORT OF THE DES MOINES METRO OPERA, INC. FOR OPERATING EXPENSES.

    Expenses $2,088,450 · Grants $2,088,450

As filed on the 2023 return.

Listed in Part VII

  • Virginia Croskery Lauridsen

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Emily Pontius

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1

  • Denise Wieland

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Barbara Cappaert

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Harry Bookey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Austin Fisher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Darren Jirsa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nancy Main

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Diane Morain

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Colin Pennycooke

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Schmidt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Adrienne McFarland

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Susan Voss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
20 March 2025
IRS schema version
2023v6.0
Source object
202500839349301005

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.