Form 990 for tax year 2022

Filed by KENTUCKY OPERA ASSOCIATION INC.

What the amendment changed

Compared with the return it replaced , filed 15 May 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue: $100,664 changed to $2,935,192
Total expenses: $91,766 changed to $2,611,849
Contributions and grants received: $31,338 changed to $2,581,350
Program service revenue: $1,375 changed to $300,236
Investment income: $67,951 changed to $75,040
Other revenue: $0 changed to -$21,434
Total assets, end of year: $4,722,411 changed to $6,048,772
Total liabilities, end of year: $780,326 changed to $1,209,535
Net assets or fund balances, end of year: $3,942,085 changed to $4,839,237
Program services expenses: $31,102 changed to $1,672,979
Management and general expenses: $52,910 changed to $734,018
Fundraising expenses: $7,754 changed to $204,852
Program service expenses (Part III): $31,102 changed to $1,672,979

Listed only on the earlier return

Anne-Marie Blancquaert DVMANNE-MARIE BLANCQUAERT DVM
David MatejaDAVID MATEJA
J Anthony PetrelliJ ANTHONY PETRELLI
Theodore M Shlechter PhDTHEODORE M SHLECHTER PHD
Tracy DavisTRACY DAVIS
William A Blodgett JrWILLIAM A BLODGETT JR

Listed only on the later return

Anne-Marie BruyninckxANNE-MARIE BRUYNINCKX
Tracy E DavisTRACY E DAVIS

Listed under a different title

Anita M StreeterANITA M STREETER: CHAIR then TRUSTEE
Eric D ScottERIC D SCOTT: TRUSTEE then TREASURER
Ernest W WilliamsERNEST W WILLIAMS: SECRETARY then TRUSTEE
Matthew E HamelMATTHEW E HAMEL: TREASURER/SENIOR VICE CHAI then CHAIR
Stephen D BergerSTEPHEN D BERGER: TRUSTEE then SECRETARY
Thomas P O'Brien IIITHOMAS P O'BRIEN III: TRUSTEE then VICE CHAIR

Totals

Total revenue: $2,935,192
Total expenses: $2,611,849
Contributions and grants received: $2,581,350
Grants paid: $0
Program service revenue: $300,236
Investment income: $75,040
Other revenue: -$21,434
Total assets, end of year: $6,048,772
Total liabilities, end of year: $1,209,535
Net assets or fund balances, end of year: $4,839,237
Program services expenses (Part IX): $1,672,979
Management and general expenses: $734,018
Fundraising expenses: $204,852
Program service expenses (Part III): $1,672,979

Program services were 64.1% 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

$145,828
1e · Government grants (contributions)

$186,516
1f · All other contributions, gifts and grants

$2,249,006
1g · Noncash contributions included above

$5,998
2a · Program service revenue: TICKET SALES

total $274,296 · related or exempt $274,296
2b · Program service revenue: TICKET HANDLING FEES

total $17,022 · related or exempt $17,022
2c · Program service revenue: EVENT FEES

total $8,918 · related or exempt $8,918
3 · Investment income

total $55,455 · excluded $55,455
6a · Gross rents

real property $5,211
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $5,211
6d · Net rental income or loss

total $5,211 · related or exempt $5,211
7a · Gross sales of assets other than inventory

securities $190,409
7b · Less cost or other basis and sales expenses

securities $170,824
7c · Gain or loss

securities $19,585
7d · Net gain or loss

total $19,585 · excluded $19,585
8a · Fundraising events: gross income

$15,201
8a · Fundraising events: contributions included on line 1c

$145,828
8b · Fundraising events: direct expenses

$64,506
8c · Net income from fundraising events

total -$49,305 · excluded -$49,305
10a · Gross sales of inventory

$2,531
10b · Cost of goods sold

$2,271
10c · Net income from sales of inventory

total $260 · related or exempt $260
11a · Other revenue: MISCELLANEOUS INCOME

total $22,400 · related or exempt $22,400
11e · Other revenue, total

$22,400

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $140,981 · program services $70,328 · management and general $35,326 · fundraising $35,327
7 · Other salaries and wages

total $630,072 · program services $391,981 · management and general $152,647 · fundraising $85,444
8 · Pension plan contributions

total $3,615 · management and general $3,307 · fundraising $308
9 · Other employee benefits

total $39,575 · program services $4,501 · management and general $29,167 · fundraising $5,907
10 · Payroll taxes

total $56,384 · program services $29,106 · management and general $20,996 · fundraising $6,282
11c · Fees: accounting

total $24,000 · management and general $24,000
11f · Fees: investment management

total $24,628 · management and general $24,628
11g · Fees: other

total $134,051 · management and general $120,776 · fundraising $13,275
12 · Advertising and promotion

total $69,455 · program services $2,575 · management and general $65,900 · fundraising $980
13 · Office expenses

total $163,797 · program services $123,490 · management and general $37,179 · fundraising $3,128
14 · Information technology

total $38,129 · program services $4,015 · management and general $30,414 · fundraising $3,700
15 · Royalties

total $2,000 · program services $2,000
16 · Occupancy

total $438,238 · program services $387,073 · management and general $43,243 · fundraising $7,922
17 · Travel

total $169,604 · program services $144,884 · management and general $19,856 · fundraising $4,864
19 · Conferences, conventions and meetings

total $4,624 · management and general $3,625 · fundraising $999
20 · Interest

total $33,740 · management and general $33,740
22 · Depreciation, depletion and amortization

total $51,528 · program services $27,332 · fundraising $24,196
23 · Insurance

total $25,469 · program services $221 · management and general $25,248
24a · Other expenses: PRODUCTIONS

total $488,676 · program services $464,149 · management and general $21,627 · fundraising $2,900
24b · Other expenses: PRINTING AND PUBLICATIO

total $54,253 · program services $15,810 · management and general $30,036 · fundraising $8,407
24c · Other expenses: MISCELLANEOUS

total $19,030 · program services $5,514 · management and general $12,303 · fundraising $1,213

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $128,025 · end of year $157,220
3 · Pledges and grants receivable

beginning of year $325,192 · end of year $137,684
8 · Inventories for sale or use

end of year $1,766
9 · Prepaid expenses and deferred charges

beginning of year $80,929 · end of year $68,503
10a · Land, buildings and equipment: cost or other basis

$612,700
10b · Land, buildings and equipment: accumulated depreciation

$206,223
10c · Land, buildings and equipment, net

beginning of year $273,018 · end of year $406,477
11 · Investments: publicly traded securities

beginning of year $3,915,247 · end of year $4,372,745
15 · Other assets

beginning of year $0 · end of year $904,377
17 · Accounts payable and accrued expenses

beginning of year $97,806 · end of year $42,126
19 · Deferred revenue

beginning of year $121,158 · end of year $252,326
23 · Secured mortgages and notes payable

beginning of year $450,000
25 · Other liabilities

beginning of year $111,362 · end of year $915,083
27 · Net assets without donor restrictions

beginning of year $185,098 · end of year $314,457
28 · Net assets with donor restrictions

beginning of year $3,756,987 · end of year $4,524,780

Mission and programs · 2022

Mission

KENTUCKY OPERA SPARKS DISCOVERY, JOY, AND CONNECTION AMONG COMMUNITIES THROUGHOUT THE COMMONWEALTH WITH THE SHARED EXPERIENCE OF OPERA.

KENTUCKY OPERA PRODUCED ITS FIRST FULL SEASON SINCE THE PANDEMIC SHUTDOWN. AS WITH ALL SHOWS, EACH PRODUCTION WAS SUPPORTED BY PROGRAMMING & COMMUNITY PARTNERSHIPS TO LINK DEEPER SOCIETAL THEMES WITH EACH WORK. THROUGH LA BOHEME, KENTUCKY OPERA AND ITS PARTNERS EXPLORED HOUSING INSTABILITY AND ACCESS TO HEALTH CARE; MARIA DE BUENOS AIRES SPOTLIGHTED HOW TO BETTER SUPPORT OUR IMMIGRANT COMMUNITIES AND CREATE A DEEPER SENSE OF BELONGING AND UPLIFT THEIR VOICES IN CIVIC DIALOGUE & PRACTICE; LA CENERENTOLA INVOLVED OUR LOCAL FOSTER CARE & ADOPTION SYSTEMS TO HIGHLIGHT WHAT WE CAN ALL DO TO SUPPORT THESE CHILDREN & ADULTS WHO CARE FOR THEM.

Expenses $1,123,438 · Revenue $300,236
AMPLIFY YOUR VOICE SERIES CELEBRATES THE VOICES OF HISTORICALLY MARGINALIZED COMMUNITIES. KENTUCKY OPERA COMMISSIONED A CYCLE OF 5 CIVIL RIGHTS SONGS. THESE SONGS, WERE PREMIERED TO A SOLD-OUT (FREE) CROWD, WERE PAIRED WITH HISTORICAL CIVIL RIGHTS SONGS SUNG BY PROFESSIONAL SINGERS AND THE VOLUNTEER "JUNETEENTH JUBILEE CHOIR" AS THE KICK OFF EVENT FOR A CITY WIDE, WEEK-LONG JUNETEENTH JUBILEE FESTIVAL.

Expenses $533,308
KENTUCKY OPERA OPENED A NEW CIVIC HOME, THE OPERA CENTER FOR CULTURAL HEALTH, TO THE COMMUNITY IN DECEMBER 2022. THIS BUILDING, SET AT THE EDGE OF LOUISVILLE'S HISTORIC REDLINED NEIGHBORHOODS, IS ACCESSIBLE TO MAJOR BUS LINES AND HIGHWAYS AND SUPPORTS THE LAUNCH OF ROBUST PARTNERSHIPS, PERFORMANCES, AND NEW AND EXPANDED PROGRAMS THAT CONTRIBUTE TO BUILDING A COMPASSIONATE, OPEN-MINDED, AND VIBRANT COMMUNITY. IN ADDITION TO BEING A RESOURCE FOR COMMUNTIY PROGRAMS AND SECOND STAGE FOR ADDITIONAL PERFORMANCES, THIS BUILDING IS ALSO A SHARED RESOURCE FOR OTHER LOCAL NONPROFITS' USE.

Expenses $16,233

As filed on the 2022 return.

Listed in Part VII

Matthew E HamelMATTHEW E HAMEL

CHAIR

Total calculated

$0

Hours/week

4
Thomas P O'Brien IIITHOMAS P O'BRIEN III

VICE CHAIR

Total calculated

$0

Hours/week

3
Henry H KuehnHENRY H KUEHN

IMMEDIATE PAST CHAIR

Total calculated

$0

Hours/week

3
Stephen D BergerSTEPHEN D BERGER

SECRETARY

Total calculated

$0

Hours/week

2
Eric D ScottERIC D SCOTT

TREASURER

Total calculated

$0

Hours/week

2
Charles C Barr MDCHARLES C BARR MD

TRUSTEE

Total calculated

$0

Hours/week

1
Anne-Marie BruyninckxANNE-MARIE BRUYNINCKX

TRUSTEE

Total calculated

$0

Hours/week

1
Rolandas T ByrdROLANDAS T BYRD

TRUSTEE

Total calculated

$0

Hours/week

1
Charles CashCHARLES CASH

TRUSTEE

Total calculated

$0

Hours/week

1
John J Davis IIIJOHN J DAVIS III

TRUSTEE

Total calculated

$0

Hours/week

1
Tracy E DavisTRACY E DAVIS

TRUSTEE

Total calculated

$0

Hours/week

1
Benjamin J EvansBENJAMIN J EVANS

TRUSTEE

Total calculated

$0

Hours/week

1
J Todd FlowersJ TODD FLOWERS

TRUSTEE

Total calculated

$0

Hours/week

1
Spencer E Harper IIISPENCER E HARPER III

TRUSTEE

Total calculated

$0

Hours/week

1
Paula HarshawPAULA HARSHAW

TRUSTEE

Total calculated

$0

Hours/week

1
Cary HearnCARY HEARN

TRUSTEE

Total calculated

$0

Hours/week

1
Thomas James III MDTHOMAS JAMES III MD

TRUSTEE

Total calculated

$0

Hours/week

1
Jennifer KeislingJENNIFER KEISLING

TRUSTEE

Total calculated

$0

Hours/week

1
Danail KelisakievDANAIL KELISAKIEV

TRUSTEE

Total calculated

$0

Hours/week

1
Kylee MarcyKYLEE MARCY

TRUSTEE

Total calculated

$0

Hours/week

1
Von PurdyVON PURDY

TRUSTEE

Total calculated

$0

Hours/week

1
Anita M StreeterANITA M STREETER

TRUSTEE

Total calculated

$0

Hours/week

1
Ernest W WilliamsERNEST W WILLIAMS

TRUSTEE

Total calculated

$0

Hours/week

1
Matthew WilliamsMATTHEW WILLIAMS

TRUSTEE

Total calculated

$0

Hours/week

1
Barbara Lynn JamisonBARBARA LYNN JAMISON

GENERAL DIRECTOR/CEO

Total calculated

$133,783

From this org

$115,712

From related orgs

$0

Other

$18,071

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: 2022
Filed: 13 May 2024
IRS schema version: 2022v5.0
Source object: 202431359349300938

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