Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $683,850

• 1c · Fundraising events

  $48,272

• 1e · Government grants (contributions)

  $183,704

• 1f · All other contributions, gifts and grants

  $5,509,148

• 1g · Noncash contributions included above

  $38,860

• 2a · Program service revenue: Event Revenue

  total $1,575,712 · related or exempt $1,575,712

• 2b · Program service revenue: Set Rental Income

  total $214,877 · related or exempt $214,877

• 2c · Program service revenue: Education Outreach

  total $25,315 · related or exempt $25,315

• 2d · Program service revenue: Merchandise Income

  total $11,947 · related or exempt $11,947

• 2e · Program service revenue: Shared Services

  total $7,000 · related or exempt $7,000

• 3 · Investment income

  total $986,077 · unrelated business $33,671 · excluded $952,406

• 7a · Gross sales of assets other than inventory

  securities $4,700,042

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

  securities $3,272,387

• 7c · Gain or loss

  securities $1,427,655

• 7d · Net gain or loss

  total $1,427,655 · excluded $1,427,655

• 8a · Fundraising events: gross income

  $69,209

• 8a · Fundraising events: contributions included on line 1c

  $48,272

• 8b · Fundraising events: direct expenses

  $93,703

• 8c · Net income from fundraising events

  total -$24,494 · excluded -$24,494

• 11a · Other revenue: Miscellaneous

  total $59 · excluded $59

• 11e · Other revenue, total

  $59

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $733,554 · program services $375,275 · management and general $189,793 · fundraising $168,486

• 7 · Other salaries and wages

  total $3,582,904 · program services $2,720,336 · management and general $552,890 · fundraising $309,678

• 8 · Pension plan contributions

  total $36,778 · program services $19,199 · management and general $10,849 · fundraising $6,730

• 9 · Other employee benefits

  total $304,114 · program services $167,650 · management and general $88,465 · fundraising $47,999

• 10 · Payroll taxes

  total $186,599 · program services $104,080 · management and general $50,298 · fundraising $32,221

• 11b · Fees: legal

  total $5,596 · management and general $5,596

• 11c · Fees: accounting

  total $46,075 · management and general $46,075

• 11e · Fees: professional fundraising services

  total $135,000 · fundraising $135,000

• 11g · Fees: other

  total $210,823 · program services $116,069 · management and general $58,034 · fundraising $36,720

• 12 · Advertising and promotion

  total $392,614 · program services $272,285 · management and general $1,000 · fundraising $119,329

• 13 · Office expenses

  total $88,373 · program services $7,085 · management and general $73,289 · fundraising $7,999

• 14 · Information technology

  total $133,178 · program services $93,224 · management and general $19,977 · fundraising $19,977

• 16 · Occupancy

  total $689,411 · program services $643,376 · management and general $36,845 · fundraising $9,190

• 17 · Travel

  total $345,505 · program services $336,648 · management and general $4,229 · fundraising $4,628

• 19 · Conferences, conventions and meetings

  total $8,435 · management and general $1,844 · fundraising $6,591

• 22 · Depreciation, depletion and amortization

  total $31,561 · program services $25,778 · management and general $5,783

• 23 · Insurance

  total $62,191 · program services $49,752 · management and general $9,329 · fundraising $3,110

• 24a · Other expenses: Production & Artistic

  total $1,438,780 · program services $1,438,780

• 24b · Other expenses: Scenery

  total $123,341 · program services $123,341

• 24c · Other expenses: Other expenses

  total $105,025 · program services $8,461 · management and general $79,096 · fundraising $17,468

• 24d · Other expenses: Education Programs

  total $45,319 · program services $45,319

• 24e · All other expenses

  total $11,615 · management and general $8,018 · fundraising $3,597

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $427,176 · end of year $2,344,783

• 3 · Pledges and grants receivable

  beginning of year $1,133,904 · end of year $1,134,106

• 4 · Accounts receivable

  beginning of year $12,220 · end of year $42,921

• 9 · Prepaid expenses and deferred charges

  beginning of year $67,263 · end of year $91,050

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

  $6,507,266

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

  $6,395,115

• 10c · Land, buildings and equipment, net

  beginning of year $106,196 · end of year $112,151

• 11 · Investments: publicly traded securities

  beginning of year $23,951,099 · end of year $24,164,738

• 12 · Investments: other securities

  beginning of year $11,001,269 · end of year $11,873,515

• 13 · Investments: program-related

  beginning of year $353,472 · end of year $10,402

• 15 · Other assets

  beginning of year $2,315,680 · end of year $2,007,259

• 17 · Accounts payable and accrued expenses

  beginning of year $380,637 · end of year $202,601

• 19 · Deferred revenue

  beginning of year $0 · end of year $40,619

• 25 · Other liabilities

  beginning of year $2,354,219 · end of year $2,035,339

• 27 · Net assets without donor restrictions

  beginning of year $7,896,210 · end of year $8,264,036

• 28 · Net assets with donor restrictions

  beginning of year $28,737,213 · end of year $31,238,330

The filer's explanations (Part III)

Part I, Line 1a

The membership was for the Queen City Club. Meetings and business lunches are held there.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• Opera the Rhine LLC

  Lessee of Reinhold Drive Warehouse · OH · income $0 · assets $0

  Directly controlled by Cincinnati Opera Association Inc