Totals
- Total revenue
- $1,150,882
- Total expenses
- $1,511,048
- Contributions and grants received
- $908,108
- Grants paid
- $0
- Program service revenue
- $191,642
- Investment income
- -$6,457
- Other revenue
- $57,589
- Total assets, end of year
- $5,672,069
- Total liabilities, end of year
- $377,463
- Net assets or fund balances, end of year
- $5,294,606
- Program services expenses (Part IX)
- $1,182,646
- Management and general expenses
- $231,104
- Fundraising expenses
- $97,298
- Program service expenses (Part III)
- $1,182,646
Program services were 78.3% 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.
-
1e · Government grants (contributions)
$70,556
-
1f · All other contributions, gifts and grants
$837,552
-
1g · Noncash contributions included above
$105,052
-
2a · Program service revenue: ADMISSIONS
total $160,154 · related or exempt $160,154
-
2b · Program service revenue: EDUCATIONAL AND OUTREA
total $31,488 · related or exempt $31,488
-
6a · Gross rents
personal property $25,345
-
6b · Less rental expenses
personal property $0
-
6c · Rental income or loss
personal property $25,345
-
6d · Net rental income or loss
total $25,345 · excluded $25,345
-
7a · Gross sales of assets other than inventory
other assets $4,000
-
7b · Less cost or other basis and sales expenses
other assets $10,457
-
7c · Gain or loss
other assets -$6,457
-
7d · Net gain or loss
total -$6,457 · related or exempt -$6,457
-
11a · Other revenue: MISCELLANEOUS
total $32,244 · related or exempt $32,244
-
11e · Other revenue, total
$32,244
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $118,134 · program services $85,444 · management and general $18,263 · fundraising $14,427
-
7 · Other salaries and wages
total $451,509 · program services $326,567 · management and general $69,804 · fundraising $55,138
-
10 · Payroll taxes
total $47,188 · program services $34,130 · management and general $7,295 · fundraising $5,763
-
11b · Fees: legal
total $40,678 · management and general $40,678
-
11g · Fees: other
total $17,167 · program services $13,779 · management and general $3,388
-
12 · Advertising and promotion
total $78,359 · program services $74,027 · management and general $4,332
-
13 · Office expenses
total $26,488 · program services $12,762 · management and general $4,696 · fundraising $9,030
-
16 · Occupancy
total $6,809 · program services $5,052 · management and general $1,582 · fundraising $175
-
17 · Travel
total $29,873 · program services $29,798 · management and general $75
-
20 · Interest
total $79 · program services $60 · management and general $17 · fundraising $2
-
22 · Depreciation, depletion and amortization
total $81,783 · program services $60,685 · management and general $18,991 · fundraising $2,107
-
23 · Insurance
total $21,327 · program services $8,948 · management and general $12,068 · fundraising $311
-
24a · Other expenses: DIRECT PRODUCTION & EDU
total $333,573 · program services $333,573
-
24b · Other expenses: RENT EXPENSES
total $189,194 · program services $148,475 · management and general $38,308 · fundraising $2,411
-
24c · Other expenses: MISCELLANEOUS
total $31,904 · program services $20,941 · management and general $3,492 · fundraising $7,471
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $21,152 · program services $12,574 · management and general $8,115 · fundraising $463
-
24e · All other expenses
total $15,831 · program services $15,831
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $454,682 · end of year $111,487
-
3 · Pledges and grants receivable
beginning of year $103,854 · end of year $99,914
-
9 · Prepaid expenses and deferred charges
beginning of year $7,800 · end of year $7,800
-
10a · Land, buildings and equipment: cost or other basis
$624,982
-
10b · Land, buildings and equipment: accumulated depreciation
$380,707
-
10c · Land, buildings and equipment, net
beginning of year $336,515 · end of year $244,275
-
12 · Investments: other securities
beginning of year $4,457,890 · end of year $4,877,589
-
15 · Other assets
beginning of year $403,873 · end of year $331,004
-
17 · Accounts payable and accrued expenses
beginning of year $56,608 · end of year $9,295
-
25 · Other liabilities
beginning of year $451,165 · end of year $368,168
-
27 · Net assets without donor restrictions
beginning of year $3,890,558 · end of year $4,152,278
-
28 · Net assets with donor restrictions
beginning of year $1,366,283 · end of year $1,142,328
Mission and programs · 2024
Mission
THE MISSION OF OPERA MEMPHIS IS TO ENTERTAIN AND INSPIRE THE PEOPLE OF MEMPHIS AND THE MID-SOUTH THROUGH THE ART OF OPERA.
-
OUR MASTERWORKS PRODUCTIONS FOCUS ON WORKS FROM THE TRADITIONAL OPERATIC CANON. THEY FEATURE WORLD-CLASS PERFORMERS, THE MEMPHIS SYMPHONY ORCHESTRA, AND OTHER LOCAL PERFORMING ARTS GROUPS.OUR KEYNOTE PROGRAM IS 30 DAYS OF OPERA, A MONTH-LONG EVENT THAT INTRODUCES OPERA INTO THE EVERYDAY ROUTINES OF MEMPHIANS. EACH SEASON, #30DAYS PRESENTS OVER 50 FREE EVENTS IN OVER 40 LOCATIONS, REACHING AN AVERAGE OF OVER 30,000 INDIVIDUALS, WITH PERFORMANCES IN EVERY ZIP CODE IN MEMPHIS.WE ALSO OFFER A VARIETY OF EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR, WHICH IN PRE-PANDEMIC YEARS REACHED OVER 17,000 CHILDREN AND ADULTS ANNUALLY. THESE ACTIVITIES, WHICH ARE SLOWLY BEING RESTORED POST-PANDEMIC INCLUDE PERFORMANCES AT MORE THAN 100 LOCAL SCHOOLS, HOSPITALS, AND COMMUNITY ORGANIZATIONS. THE HANDORF COMPANY ARTIST PROGRAM PROVIDES CAREER-BUILDING EXPERIENCES TO EMERGING SINGERS THROUGH ROBUST PERFORMANCE OPPORTUNITIES AND PERSONALIZED GOALS WHILE PROVIDING THE TOOLS AND ENTREPRENEURIAL MINDSET NECESSARY FOR CITIZEN-ARTISTS TO CHAMPION OPERA IN THE 21ST CENTURY.
Expenses $1,182,646 · Revenue $217,429
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
EMILY STRACK
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
DANIEL BASTARDO BLANCO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
CHRIS CREECH
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
MICHAEL DIVOKY
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
DR CHARLES HANDORF
SERGEANT-AT-ARMS
- Total calculated
- $0
- Hours/week
- 4
-
DANIEL ANGLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BETHANIA BARAY-HARRISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR NEAL S BECKFORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR NANCY A CHASE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
AZRA DANIEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR VERONICA ENGLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
THOMAS ESSMYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR WILLIAM FALVEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JUAN FUENTES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JEREMY GARVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CHARLES HIGGINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR ASA KARLSTROM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ANNTONIA MAGRUDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JEANIE MERCER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ANGELO RAPAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ALISON TURNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LAKSHMI VIJAYAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KEITH WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
EDWARD CANTY
GENERAL DIRECTOR
- Total calculated
- $118,134
- From this org
- $107,941
- From related orgs
- $0
- Other
- $10,193
- Hours/week
- 50
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.
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.
-
OPERA MEMPHIS ENDOWMENT FOUNDATION
501(C)3 · SUPPORTS OPERA MEMPHIS INC · TN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600369349301345
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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