Totals
- Total revenue
- $1,516,808
- Total expenses
- $1,558,014
- Contributions and grants received
- $739,997
- Grants paid
- $0
- Program service revenue
- $559,627
- Investment income
- $9,128
- Other revenue
- $208,056
- Total assets, end of year
- $712,286
- Total liabilities, end of year
- $168,942
- Net assets or fund balances, end of year
- $543,344
- Program services expenses (Part IX)
- $1,195,040
- Management and general expenses
- $170,542
- Fundraising expenses
- $192,432
- Program service expenses (Part III)
- $1,195,040
Program services were 76.7% 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.
-
1c · Fundraising events
$11,597
-
1e · Government grants (contributions)
$242,139
-
1f · All other contributions, gifts and grants
$486,261
-
1g · Noncash contributions included above
$57,533
-
2a · Program service revenue: PERFORMANCES
total $559,627 · related or exempt $559,627
-
3 · Investment income
total $9,038 · excluded $9,038
-
7a · Gross sales of assets other than inventory
securities $90
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $90
-
7d · Net gain or loss
total $90 · excluded $90
-
8a · Fundraising events: gross income
$281,028
-
8a · Fundraising events: contributions included on line 1c
$11,597
-
8b · Fundraising events: direct expenses
$80,757
-
8c · Net income from fundraising events
total $200,271 · excluded $200,271
-
10a · Gross sales of inventory
$3,185
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $3,185 · related or exempt $3,185
-
11a · Other revenue: OTHER REVENUE
total $4,600 · related or exempt $4,600
-
11e · Other revenue, total
$4,600
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $144,885 · program services $67,469 · management and general $40,559 · fundraising $36,857
-
7 · Other salaries and wages
total $258,002 · program services $120,145 · management and general $72,225 · fundraising $65,632
-
9 · Other employee benefits
total $12,105 · program services $5,637 · management and general $3,389 · fundraising $3,079
-
10 · Payroll taxes
total $30,068 · program services $14,002 · management and general $8,417 · fundraising $7,649
-
11b · Fees: legal
total $1,611 · program services $193 · management and general $371 · fundraising $1,047
-
11c · Fees: accounting
total $27,549 · program services $3,296 · management and general $6,340 · fundraising $17,913
-
11g · Fees: other
total $712,038 · program services $710,118 · management and general $1,448 · fundraising $472
-
12 · Advertising and promotion
total $122,511 · program services $88,219 · fundraising $34,292
-
13 · Office expenses
total $34,434 · program services $24,946 · management and general $4,895 · fundraising $4,593
-
16 · Occupancy
total $94,103 · program services $76,157 · management and general $8,973 · fundraising $8,973
-
17 · Travel
total $68,403 · program services $66,678 · fundraising $1,725
-
23 · Insurance
total $11,286 · program services $7,449 · management and general $3,837
-
24a · Other expenses: DUES & SUBCRIPTIONS
total $16,146 · program services $99 · management and general $16,047
-
24b · Other expenses: ADMINISTRATION
total $14,285 · program services $1,709 · management and general $3,288 · fundraising $9,288
-
24c · Other expenses: SETS & PERFORMANCE EQUI
total $10,388 · program services $8,920 · management and general $556 · fundraising $912
-
24d · Other expenses: LICENSES
total $200 · program services $3 · management and general $197
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $56,058 · end of year $85,840
-
2 · Savings and temporary cash investments
beginning of year $294,553 · end of year $260,135
-
3 · Pledges and grants receivable
beginning of year $339,937 · end of year $308,944
-
4 · Accounts receivable
beginning of year $34,257 · end of year $20,520
-
9 · Prepaid expenses and deferred charges
beginning of year $10,217 · end of year $9,000
-
10a · Land, buildings and equipment: cost or other basis
$43,180
-
10b · Land, buildings and equipment: accumulated depreciation
$22,586
-
10c · Land, buildings and equipment, net
beginning of year $20,594 · end of year $20,594
-
15 · Other assets
beginning of year $7,253 · end of year $7,253
-
17 · Accounts payable and accrued expenses
beginning of year $12,806 · end of year $2,530
-
19 · Deferred revenue
beginning of year $165,513 · end of year $166,412
-
27 · Net assets without donor restrictions
beginning of year $226,194 · end of year $193,280
-
28 · Net assets with donor restrictions
beginning of year $358,356 · end of year $350,064
Mission and programs · 2023
Mission
THE MISSION OF NORTH CAROLINA OPERA IS TO ENHANCE THE CULTURAL LIFE IN THE TRIANGLE BY PRESENTING THE HIGHEST POSSIBLE QUALITY PROFESSIONAL OPERA PERFORMANCES, DEVELOPING AND INCREASING AN APPRECIATION OF THE OPERA ART FORM IN THE AREA, AND PROVIDING LOCAL ARTISTS WITH THE OPPORTUNITY TO DEVELOP THEIR TALENT.
-
NORTH CAROLINA OPERA'S MAINSTAGE PRODUCTIONS ARE FULLY-STAGED, SEMI-STAGED AND CONCERT PERFORMANCES OF BOTH CLASSICAL AND CONTEMPORARY OPERATIC REPERTOIRE, FEATURING BOTH INTERNATIONALLY ACCLAIMED AND PROMISING LOCAL ARTISTS.
Expenses $1,179,404 · Revenue $563,537
-
NORTH CAROLINA OPERA OFFERS OUTREACH PERFORMANCES TO BOTH SCHOOLCHILDREN AND ADULTS.
Expenses $15,636 · Revenue $3,875
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nancy HablutzelNANCY HABLUTZEL
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jim HargroveJIM HARGROVE
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
John LunsfordJOHN LUNSFORD
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Carl NoldCARL NOLD
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Joel AdamsJOEL ADAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amanda BambrickAMANDA BAMBRICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew BlassANDREW BLASS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Yvonne BryantYVONNE BRYANT
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Kelvin CurrieKELVIN CURRIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bryan GilliamBRYAN GILLIAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James GulickJAMES GULICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Douglas HolbrookDOUGLAS HOLBROOK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Valerie JohnsonVALERIE JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Florence PeacockFLORENCE PEACOCK
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Ralph RobersonRALPH ROBERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bill RustinBILL RUSTIN
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Richard SarlesRICHARD SARLES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nerre ShuriahNERRE SHURIAH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cathy StuartCATHY STUART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shohreh TaavoniSHOHREH TAAVONI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brigette WildsBRIGETTE WILDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jean Wozencraft-OrnellasJEAN WOZENCRAFT-ORNELLAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eric MitchkoERIC MITCHKO
GENERAL DIRECTOR
- Total calculated
- $137,775
- From this org
- $122,930
- From related orgs
- $0
- Other
- $14,845
- Hours/week
- 40
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
- 21 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500219349300000
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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