Form 990 for tax year 2023
Filed by FORT WORTH OPERA ASSOCIATION INC.
Totals
- Total revenue
- $2,883,799
- Total expenses
- $2,472,661
- Contributions and grants received
- $2,536,887
- Grants paid
- $0
- Program service revenue
- $336,209
- Investment income
- $339
- Other revenue
- $10,364
- Total assets, end of year
- $1,183,814
- Total liabilities, end of year
- $778,963
- Net assets or fund balances, end of year
- $404,851
- Program services expenses (Part IX)
- $1,763,087
- Management and general expenses
- $516,047
- Fundraising expenses
- $193,527
- Program service expenses (Part III)
- $1,763,087
Program services were 71.3% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$38,575
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$94,340
-
1f · All other contributions, gifts and grants
$2,403,972
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Tickets
total $217,616 · related or exempt $217,616 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Program Performance Fees
total $118,593 · related or exempt $118,593 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $339 · related or exempt $339 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$36,483
-
8a · Fundraising events: contributions included on line 1c
$38,575
-
8b · Fundraising events: direct expenses
$32,069
-
8c · Net income from fundraising events
total $4,414 · unrelated business $0 · excluded $4,414
-
11a · Other revenue: Audition Fees charge to Artists
total $2,075 · related or exempt $2,075 · unrelated business $0 · excluded $0
-
11b · Other revenue: Conversion of CC Points to Income
total $3,675 · related or exempt $3,675 · unrelated business $0 · excluded $0
-
11c · Other revenue: Rental of our props to another opera companay
total $200 · related or exempt $200 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$5,950
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $150,659 · program services $75,330 · management and general $45,197 · fundraising $30,132
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $638,934 · program services $354,211 · management and general $191,261 · fundraising $93,462
-
9 · Other employee benefits
total $62,270 · program services $33,120 · management and general $19,500 · fundraising $9,650
-
10 · Payroll taxes
total $65,990 · program services $37,806 · management and general $18,464 · fundraising $9,720
-
11b · Fees: legal
total $65 · management and general $65
-
11c · Fees: accounting
total $79,400 · management and general $79,400
-
11g · Fees: other
total $782,805 · program services $694,571 · management and general $69,931 · fundraising $18,303
-
12 · Advertising and promotion
total $40,062 · program services $39,451 · management and general $611
-
13 · Office expenses
total $8,896 · program services $4,744 · management and general $3,188 · fundraising $964
-
14 · Information technology
total $44,501 · program services $23,915 · management and general $15,807 · fundraising $4,779
-
16 · Occupancy
total $175,869 · program services $127,829 · management and general $36,888 · fundraising $11,152
-
17 · Travel
total $74,026 · program services $69,300 · management and general $4,726
-
20 · Interest
total $8,589 · management and general $8,589
-
22 · Depreciation, depletion and amortization
total $6,381 · program services $6,381
-
23 · Insurance
total $34,317 · program services $18,303 · management and general $12,296 · fundraising $3,718
-
24a · Other expenses: Education: Costumes, Scenery, Prod Costs
total $64,556 · program services $64,556 · management and general $0 · fundraising $0
-
24b · Other expenses: Development
total $11,647 · program services $0 · management and general $0 · fundraising $11,647
-
24c · Other expenses: Main Stage: Costumes, Scenery, Lighting
total $213,570 · program services $213,570 · management and general $0 · fundraising $0
-
24e · All other expenses
total $10,124 · management and general $10,124
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $117,415 · end of year $69,456
-
2 · Savings and temporary cash investments
beginning of year $229,946 · end of year $243,150
-
3 · Pledges and grants receivable
beginning of year $53,100 · end of year $487,500
-
4 · Accounts receivable
beginning of year $11,669 · end of year $2,648
-
9 · Prepaid expenses and deferred charges
beginning of year $40,650 · end of year $25,068
-
10a · Land, buildings and equipment: cost or other basis
$312,338
-
10b · Land, buildings and equipment: accumulated depreciation
$312,338
-
10c · Land, buildings and equipment, net
beginning of year $6,382 · end of year $0
-
15 · Other assets
beginning of year $155,325 · end of year $355,992
-
17 · Accounts payable and accrued expenses
beginning of year $80,834 · end of year $68,438
-
19 · Deferred revenue
beginning of year $15,883 · end of year $40,808
-
25 · Other liabilities
beginning of year $524,698 · end of year $669,717
-
27 · Net assets without donor restrictions
beginning of year -$412,090 · end of year -$284,711
-
28 · Net assets with donor restrictions
beginning of year $405,162 · end of year $689,562
Mission and programs · 2023
Mission
The mission of Fort Worth Opera is to enrich people's lives with performances and programs that educate, entertain, inspire, and expand the horizons of current and future audiences.
-
Building on the success of FY23, FY24 was the continuation of our economic recovery from the Covid 19 pandemic. Our season highlights our commitment to opera supporting diversity and inclusion. We started in October, Hispanic Heritage month, with the Spanish production of La Medium at Fort Worth's historic northside venue, Rose Marine Theater. In February, we produced dwb (Driving While Black), showcasing this opera at both the Texas Christian University Van Cliburn Hall and the Kimball Art Museum Piano Pavillion. We were thrilled to return to Fort Worth's majestic Bass Performance Hall for a semi-staged production of the classic opera La Boheme. We ended our season in celebration of Juneteenth, inviting Morris Robinson to perform at the Texas Christian University Van Cliburn Hall.
Expenses $1,143,826
-
The Fort Worth Opera Studio, founded in 2002, includes four young Lesley Artists chosen each year from national auditions to be in residence with Fort Worth Opera in order to continue their training as they prepare for professional careers. They perform in the FWO children's Opera Theater in addition to roles in our main productions and civic impact shows. Additionally, these young artists receive lessons and coaching, language and movement classes as well as classes on Opera as a business.
Expenses $192,422
-
Children's Opera Theatre, in existence for over thirty years, reaches over 30,0000 students each year in the Dallas-Fort Worth Metroplex. Additionally, this department has expanded and repositioned itself to include Civic Impact and Engagement performances. This allows us to not only reach children in area schools, but also at events both adults and children are gathered. This year's shows produced for the children were Bienvenidos! and Hansel and Gretel.
Expenses $426,839
As filed on the 2023 return.
Listed in Part VII
-
Angela Turner Wilson
General and Artistic Director
- Total calculated
- $128,054
- From this org
- $116,655
- From related orgs
- $0
- Other
- $11,399
- Hours/week
- 40 + 2 related
-
Ms Mary Goosens
CFO Consultant
- Total calculated
- $48,000
- From this org
- $48,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20 + 1 related
-
Mrs Jill Fischer
Chairman Emeritus
- Total calculated
- $0
- Hours/week
- 1
-
Randy Sabbagh
Board Chair
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Hayne Shumate
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Ashley Lacamp
Treasurer
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Nicole Duvall
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Judy Bennet Garner
Trustee - Governance Chair
- Total calculated
- $0
- Hours/week
- 2
-
Allie Beth Allman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Keon Anderson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Appleman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dr Nelson E Claytor
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert Estrada
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Jennifer Goldberg
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mr Robert L Jameson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Barbara Jordan
Trustee
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Teresa Carter King
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mr Joseph Lesley
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mr Guy Manning
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mr Michael Martinez
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Justin Newton
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Susie Olmos-Soto
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Skylar Brogdon O'Neal
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mary Pencis
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Polenz
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Vernon Rew
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ebony Rose
Trustee
- 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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · Endowment · TX · 100% owned
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 December 2024
- IRS schema version
- 2023v5.0
- Source object
- 202413559349301556
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