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Nonprofiteer
← FRIENDS OF THE VERGENNES OPERA HOUSE INC

Form 990 for tax year 2023

Filed by FRIENDS OF THE VERGENNES OPERA HOUSE INC.

Totals

Total revenue
$228,743
Total expenses
$75,808
Contributions and grants received
$122,269
Grants paid
$0
Program service revenue
$79,183
Investment income
$14,966
Other revenue
$12,325
Total assets, end of year
$384,020
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$384,020
Program services expenses (Part IX)
$55,115
Management and general expenses
$20,693
Fundraising expenses
$0
Program service expenses (Part III)
$55,115

Program services were 72.7% 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.

  • 1b · Membership dues

    $9,493

  • 1e · Government grants (contributions)

    $30,000

  • 1f · All other contributions, gifts and grants

    $82,776

  • 2a · Program service revenue: Program Services

    total $79,183 · related or exempt $79,183

  • 3 · Investment income

    total $14,966 · related or exempt $14,966

  • 8a · Fundraising events: gross income

    $12,325

  • 8c · Net income from fundraising events

    total $12,325 · unrelated business $12,325

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $1,125 · management and general $1,125

  • 12 · Advertising and promotion

    total $4,043 · program services $745 · management and general $3,298

  • 13 · Office expenses

    total $1,033 · management and general $1,033

  • 16 · Occupancy

    total $12,843 · program services $12,843

  • 19 · Conferences, conventions and meetings

    total $140 · management and general $140

  • 22 · Depreciation, depletion and amortization

    total $18,705 · program services $18,392 · management and general $313

  • 23 · Insurance

    total $4,330 · program services $2,107 · management and general $2,223

  • 24a · Other expenses: Printing

    total $2,224 · management and general $2,224

  • 24b · Other expenses: Telephone

    total $548 · program services $548

  • 24c · Other expenses: Dues and Licenses

    total $6,556 · management and general $6,556

  • 24d · Other expenses: Direct Program

    total $20,480 · program services $20,480

  • 24e · All other expenses

    total $3,781 · management and general $3,781

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $15,804 · end of year $17,074

  • 2 · Savings and temporary cash investments

    beginning of year $55,808 · end of year $181,803

  • 10a · Land, buildings and equipment: cost or other basis

    $375,598

  • 10b · Land, buildings and equipment: accumulated depreciation

    $327,670

  • 10c · Land, buildings and equipment, net

    beginning of year $66,633 · end of year $47,928

  • 11 · Investments: publicly traded securities

    end of year $34,765

  • 15 · Other assets

    beginning of year $92,840 · end of year $102,450

  • 27 · Net assets without donor restrictions

    beginning of year $231,085 · end of year $384,020

Mission and programs · 2023

Mission

Restore and preserve the Vergennes Opera House to operate as a performing arts facility and cultural and community center. Became fully operational in 2004.

  • Operate as a performing arts facility and cultural and community center For the area of Vergennes VT.

    Expenses $55,115 · Revenue $79,183

As filed on the 2023 return.

Listed in Part VII

  • Sue ODaniel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bill Walsh

    Director

    Total calculated
    $0
    Hours/week
    1

  • Allison Rimmer

    Director

    Total calculated
    $0
    Hours/week
    1

  • Chance Koenig

    Director

    Total calculated
    $0
    Hours/week
    1

  • Teresa Boucher

    Director

    Total calculated
    $0
    Hours/week
    1

  • Steve Sawyer

    Director

    Total calculated
    $0
    Hours/week
    1

  • Suzanne Rood

    Director

    Total calculated
    $0
    Hours/week
    1

  • Geoff Nelson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Susan Nelson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Lanpher

    Vice President

    Total calculated
    $0
    Hours/week
    3

  • Gerianne Smart

    President

    Total calculated
    $0
    Hours/week
    10

  • Susan Schaefer

    Treasurer

    Total calculated
    $0
    Hours/week
    5

  • Sue Walsh

    Secretary

    Total calculated
    $0
    Hours/week
    3

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 October 2024
IRS schema version
2023v5.1
Source object
202412819349301706

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