Los Angeles Opera Company in Los Angeles, California (CA)

Organization representatives - add corrected or new information about Los Angeles Opera Company »

Non-representatives - add comments about Los Angeles Opera Company»

Los Angeles Opera Company
Employer Identification Number (EIN)952096402
Name of OrganizationLos Angeles Opera Company
In Care of NameFaith Raiguel
Address135 No Grand Ave, Los Angeles, CA 90012-3013
ActivitiesCultural performances, Singing society or group, Other cultural or historical activities
SubsectionEducational Organization
Ruling Date05/1960
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$62,626,099
Amount of Income$53,745,312
Form 990 Revenue Amount$52,874,569
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Opera


Non-representatives - add comments:


CAPTCHA

Your IP address 44.200.77.92 will be logged.

Amount of income in 2013: $53,745,312
This organization: 

 $53,745,312
Other organizations performing similar types of work: 

 $326,346

Assets in 2013: $62,626,099
This organization: 

 $62,626,099
Other organizations performing similar types of work: 

 $157,818

Expenses in 2013: $37,695,964
This organization: 

 $37,695,964
Other organizations performing similar types of work: 

 $318,256

Income to expenses ratio in 2013: 1.4
This organization: 

 1.4
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 76.8%
This organization: 

 76.8%
Other organizations performing similar types of work: 

 78.6%

Number of employees in 2013: 862
Los Angeles Opera Company: 

 862
Other organizations performing similar types of work: 

 12

Employees paid over $100,000 in 2013: 2.9%
Los Angeles Opera Company: 

 2.9%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 73.4%
This organization: 

 73.4%
Other organizations performing similar types of work: 

 54.6%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?YesYes
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?YesYes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoYes
A family member of a current or former officer, director, trustee, or key employee?NoYes
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoYes
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 1096127152
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return847862
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYes
Did the organization notify the donor of the value of the goods or services provided?YesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$4,045,818$3,986,142
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$189,376$193,785
Total number of individuals who received more than $100,000 of reportable compensation from the organization2122
Total number of independent contractors who received more than $100,000 of compensation from the organization63
Statement of Revenue
201120122013
Total revenue$41,240,061$33,341,408$52,874,569
Contributions, Gifts, Grants and Other Similar Amounts$29,582,773$22,377,871$38,789,374
Program Service Revenue$11,690,095$11,066,497$12,954,757
Other Performing Arts Companies $10,780,865$11,954,944
Other Performing Arts Companies $122,799$785,246
Educational Support Services$106,612$78,928
Other Performing Arts Companies $8,284$135,357
900099$46,437$282
All other program service revenue$1,500$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$295,149$346,353$1,275,622
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$45,351$257,798$1,850
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$5,388$12,300$15,408
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $20,091$0 / $12,300$391,898 / $18,775
Less: cost or other basis and sales expenses (Securities / Other)$0 / $14,703$0 / $0$395,265 / $0
Gain or (loss) (Securities / Other)$0 / $5,388$0 / $12,300$-3,367 / $18,775
Net income/loss from fundraising events$-447,340$-735,558$-260,032
Gross income from fundraising events$84,410$170,849$215,446
Less: direct expenses$531,750$906,407$475,478
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$68,645$16,147$97,590
900099$13,134$3,686
900099$3,013$93,904
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$37,418,503$35,098,413$37,695,964
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$3,142,854$3,018,033$3,249,518
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$13,858,900$14,595,296$16,272,728
Pension plan accruals and contributions$173,189$195,037
Other employee benefits$2,499,344$2,800,798
Payroll taxes$1,421,844$1,500,500$1,618,668
Fees for services (non-employees)
Management$0$0
Legal$2,109$50,000
Accounting$105,066$144,827
Lobbying$0$0
Professional fundraising services$150,338$127,364$130,022
Investment management fees$35,390$62,568
Other$3,427,327$3,612,131
Advertising and promotion$1,321,839$1,402,023
Office expenses$489,993$464,691
Information technology$94,834$159,490
Royalties$113,671$38,986
Occupancy$1,689,258$1,695,790
Travel$773,524$777,088
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$11,596$7,298
Interest$872,919$511,259
Payments to affiliates$0$0
Depreciation, depletion, and amortization$344,240$379,094
Insurance$203,772$199,605
Other expenses$1,622,928$2,103,557
Other expenses$724,776$630,881
Other expenses$605,144$534,996
Other expenses$360,880$426,877
Other expenses$385,421$228,032
Balance Sheet
201120122013
Total assets$58,154,490$52,921,026$62,626,099
Cash - non-interest-bearing$540,350$725,319
Savings and temporary cash investments$3,324,162$10,120
Pledges and grants receivable, net$24,000,069$35,884,752
Accounts receivable, net$187,928$233,558
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$1,709,744$1,949,088
Land, buildings, and equipment: cost or other basis$1,024,431$696,808
Investments - publicly traded securities$51,280$491
Investments - other securities$11,363,352$12,216,859
Investments - program-related$0$0
Intangible assets$0$0
Other assets$10,719,710$10,909,104
Total liabilities$36,007,394$33,441,330$27,798,027
Accounts payable and accrued expenses$5,015,612$4,290,058
Grants payable$0$0
Deferred revenue$6,225,718$7,819,271
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$6,200,000$9,188,698
Secured mortgages and notes payable to unrelated third parties$3,000,000$6,000,000$4,500,000
Unsecured notes and loans payable to unrelated third parties$17,000,000$10,000,000$2,000,000
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$22,147,096$19,479,696$34,828,072
Unrestricted net assets$-21,690,651$-20,333,469
Temporarily restricted net assets$11,624,169$23,030,431
Permanently restricted net assets$29,546,178$32,131,110
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$141,192,846
Subtotal$234,004,720
Gifts, grants, contributions, and membership fees received$165,975,626
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$68,029,094
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$92,811,874
Amounts received from disqualified persons$92,811,874
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$237,788,575
Public support$234,004,720
Subtotal$2,363,441
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$2,363,441
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$1,420,414
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20062007
Total revenue$54,829,978$58,769,054
Contributions, gifts, grants, and similar amounts received$32,854,122$40,715,050
Contributions to donor advised funds$0$0
Direct public support$32,572,422$40,194,215
Indirect public support$0$0
Government contributions (grants)$281,700$520,835
Program service revenue including government fees and contracts$21,321,584$18,708,955
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$66,510$4,021
Dividends and interest from securities$891,277$285,780
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$133,600$0
Gain or (loss) from sales of assets other than inventory$0$0
Gross amount from sales of assets other than inventory$0$0
Less: cost or other basis and sales expenses$0$0
Net income or (loss) from special events and activities$-721,603$-1,009,989
Gross revenue$50,343$544,268
Less: direct expenses other than fundraising expenses$771,946$1,554,257
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$284,488$65,237
Total expenses$60,723,123$55,573,201
Program services$48,124,698$42,701,499
Management and general$11,372,945$10,073,083
Fundraising$1,225,480$2,798,619
Payments to affiliates$0$0
Net assets or fund balances at end of year$18,949,138$21,287,755
Excess or (deficit) for the year$-5,893,145$3,195,853
Net assets or fund balances at beginning of year$23,054,607$18,949,138
Other changes in net assets or fund balances$1,787,676$-857,236
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$55,573,201$42,701,499$10,073,083$2,798,619
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$2,400,942$1,791,134$435,000$174,808
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$21,148,327$18,493,267$1,733,248$921,812
Pension plan contributions not included above$218,417$168,972$32,374$17,071
Employee benefits not included above$4,580,235$4,174,462$327,267$78,506
Payroll taxes$1,970,940$1,642,393$239,494$89,053
Professional fundraising fees$173,288$0$0$173,288
Accounting fees$269,844$0$269,844$0
Legal fees$83,544$2,035$81,509$0
Supplies$171,777$90,927$52,590$28,260
Telephone$171,854$74,678$88,545$8,631
Postage and shipping$785,385$52,888$614,046$118,451
Occupancy$1,601,119$690,652$910,297$170
Equipment rental and maintenance$420,371$173,081$243,672$3,618
Printing and publications$851,982$53,559$730,371$68,052
Travel$1,515,168$1,301,757$174,835$38,576
Conferences, conventions, and meetings$26,480$14,742$5,774$5,964
Interest$794,931$0$794,931$0
Depreciation, depletion, etc.$495,759$378,104$117,655$0
Other expenses not covered above$17,892,838$13,598,848$3,221,631$1,072,359
Balance Sheets
20062007
Total assets$51,478,831$60,802,526
Cash - non-interest-bearing$749,834$36,546
Savings and temporary cash investments$789,334$1,022,382
Accounts receivable less allowance for doubtful accounts$225,518$324,359
Pledges receivable less allowance for doubtful accounts$22,060,341$24,620,938
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$3,498,555$11,428,647
Investments - publicly-traded securities$10,461,541$13,858,695
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$3,531,736$0
Land, buildings, and equipment less accumulated depreciation$1,298,135$1,726,403
Other assets, including program-related investments$8,863,837$7,784,556
Total liabilities$32,529,693$39,514,771
Accounts payable and accrued expenses$8,200,045$10,528,388
Grants payable$0$0
Deferred revenue$10,859,672$10,506,407
Loans from officers, directors, trustees, and key employees$4,469,976$8,379,976
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$9,000,000$10,100,000
Other liabilities$0$0
Total liabilities and net assets/fund balances$51,478,831$60,802,526
Total net assets or fund balances$18,949,138$21,287,755
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20062007
Total revenue$54,829,978$58,769,054
Total revenue, gains, and other support per audited financial statements$56,617,654$57,911,818
Other expenses$1,787,676$-857,236
Net unrealized gains on investments$1,366,512$-655,183
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$421,164$-202,053
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20062007
Total expenses$60,723,123$55,573,201
Total expenses and losses per audited financial statements$60,723,123$55,573,201
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$220,000$68,544$0
40$215,000$12,425$0
40$174,134$7,859$0
40$174,808$4,718$0
20$700,000$0$0
20$917,000$44,951$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings93
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006318
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$-654,951$18,708,955
Program service revenue
Program service revenue 1000000$000$0$18,155,159
Program service revenue 2000000$000$0$249,292
Program service revenue 3000000$000$0$217,893
Program service revenue 4000000$000$0$40,000
Program service revenue 5000000$000$0$46,611
$0$0$18,155,159
$0$0$249,292
$0$0$217,893
$0$0$26,210
$0$0$40,000
$0$0$20,401
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$4,021$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$285,780$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$-1,009,989$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$65,237$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$263,581$14,809$0
$208,020$36,858$0
$199,395$34,895$0
$163,134$35,829$0
$163,310$32,305$0
Total number of other employees paid over $50,000139
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
20052006
Total$47,948,432$51,418,276
Gifts, grants, and contributions received$28,494,218$28,583,522
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$18,400,865$21,458,879
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$913,026$1,091,387
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$140,323$284,488
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Los Angeles Opera Company to others? (optional)
  
Add photo of Los Angeles Opera Company (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1San Francisco Opera Association301 Van Ness Ave, San Francisco, CA 94102-4509CA1924-03$114,921,198
2Los Angeles Opera Company135 No Grand Ave, Los Angeles, CA 90012-3013CA1960-05$53,745,312
3Opera San Jose Incorporated2149 Paragon Dr, San Jose, CA 95131-1312CA1984-02$4,271,163
4Sonoma City Opera484 East Napa Street, Sonoma, CA 95476CA1985-03$1,867
5San Diego Opera Association233 A St Ste 500, San Diego, CA 92101-4095CA1959-10$15,463,585
6California Musical Theatre1510 J St Ste 200, Sacramento, CA 95814-2099CA1964-04$13,003,496
7Merola Opera Program301 Van Ness Ave, San Francisco, CA 94102-4509CA1957-08$4,045,533
8Fresno International Grand Opera2405 Capitol St Ste 103, Fresno, CA 93721-2259CA1999-01$1,529,721
9Long Beach Opera507 Pacific Ave, Long Beach, CA 90802-2302CA1979-07$1,518,491
10Lamplighters Music Theatre469 Bryant St, San Francisco, CA 94107-1316CA1964-08$1,139,453
11Bakersfield Civic Light Opera Association1931 Chester Ave, Bakersfield, CA 93301-4417CA1974-03$1,107,098
12Sacramento Opera Association3811 J St, Sacramento, CA 95816-5520CA1966-01$878,955
13San Diego Civic Light Opera Association Inc, Starlight Musical TheatrePO BOX 3519, San Diego, CA 92163-1519CA1947-05$767,719
14West Bay Opera Association Inc221 Lambert Ave, Palo Alto, CA 94306-2217CA1962-04$631,805
15West Valley Light Opera AssociationPO BOX 779, Los Gatos, CA 95031-0779CA1972-03$514,984
16Santa Cecilia Opera And Orchestra Association2759 W Broadway, Los Angeles, CA 90041-1038CA1998-11$326,346
17Southland Sings450 Tocino Dr, Duarte, CA 91010-1451CA1997-11$211,370
18Sierra Chamber Opera834 E Alamos Ave, Fresno, CA 93704-3103CA1979-06$99,443
19Stockton Opera Association Inc431 S Ham Lane, Lodi, CA 95242-3524CA1968-08$54,163
20Santa Barbara Civic Light Opera Association IncPO BOX 92030, Santa Barbara, CA 93190-2030CA1993-11$0
Number of organizations performing similar types of work
Alaska1
Alabama2
Arizona1
California45
Colorado3
Connecticut8
District of Columbia3
Delaware1
Florida15
Georgia5
Hawaii1
Iowa2
Idaho2
Illinois11
Indiana2
Kansas2
Louisiana3
Massachusetts11
Maryland4
Maine2
Michigan3
Minnesota4
Missouri4
Mississippi2
Montana2
North Carolina4
North Dakota2
Nebraska1
New Hampshire5
New Jersey7
New Mexico2
Nevada1
New York31
Ohio10
Oklahoma2
Oregon4
Pennsylvania9
South Carolina3
Tennessee3
Texas10
Utah2
Virginia4
Vermont1
Washington4
Wisconsin7
West Virginia1
Total252

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Los Angeles Opera Company and has no official or unofficial affiliation with Los Angeles Opera Company