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Nonprofiteer
← MADISON OPERA FOUNDATION INC

Form 990 for tax year 2022

Filed by MADISON OPERA FOUNDATION INC.

Totals

Total revenue
$181,414
Total expenses
$162,181
Contributions and grants received
$39,000
Grants paid
$149,671
Program service revenue
$0
Investment income
$142,414
Other revenue
$0
Total assets, end of year
$2,257,460
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,257,460
Program services expenses (Part IX)
$149,671
Management and general expenses
$12,510
Fundraising expenses
$0
Program service expenses (Part III)
$149,671

Program services were 92.3% 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.

  • 1d · Related organizations

    $30,000

  • 1f · All other contributions, gifts and grants

    $9,000

  • 3 · Investment income

    total $45,615 · excluded $45,615

  • 7a · Gross sales of assets other than inventory

    securities $153,071

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

    securities $56,272

  • 7c · Gain or loss

    securities $96,799

  • 7d · Net gain or loss

    total $96,799 · excluded $96,799

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $149,671 · program services $149,671

  • 11c · Fees: accounting

    total $3,400 · management and general $3,400

  • 11f · Fees: investment management

    total $9,110 · management and general $9,110

Balance sheet

Part X, book values.

  • 11 · Investments: publicly traded securities

    beginning of year $2,178,967 · end of year $2,245,987

  • 12 · Investments: other securities

    beginning of year $26,525 · end of year $11,473

  • 27 · Net assets without donor restrictions

    beginning of year $224,176 · end of year $271,358

  • 28 · Net assets with donor restrictions

    beginning of year $1,981,316 · end of year $1,986,102

Mission and programs · 2022

Mission

SUPPORTING ORGANIZATION OF MADISON OPERA INC.

  • DURING THE 2022-2023 SEASON, THE MADISON OPERA FOUNDATION INC. PROVIDED MADISON OPERA INC. WITH $149,671 OF SUPPORT FOR ITS GENERAL OPERATIONS.

    Expenses $149,671 · Grants $149,671

As filed on the 2022 return.

Listed in Part VII

  • Joyce Hirsch

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Thomas Terry

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Martin Barrett

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sally Miley

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • J Marshall Osborn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Peyton Engel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Connie Kinsella

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Terry Haller

    DIRECTOR (THRU MAY)

    Total calculated
    $0
    Hours/week
    1
  • Marian Bolz

    DIRECTOR (THRU JUNE)

    Total calculated
    $0
    Hours/week
    1
  • Fernando Alvarado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amy Nickles

    DIRECTOR

    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
2022
Filed
20 December 2023
IRS schema version
2022v5.0
Source object
202343559349300129

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