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Arts, Culture, Humanities : Performing Arts

Kentucky Opera

Aims to give performance of operas and operettas of all types

three stars

84.47

323 West Broadway Suite 601
Louisville, KY 40202
tel: (505) 584-4500   Web Site
EIN: 61-6013111

Board Leadership
Henry H. Kuehn
Chair

CEO
Ian Derrer
General Director

  Score
(out of 100)
Rating
Overall Score & Rating 84.47 three stars
  Financial 79.55 two stars
  Accountability & Transparency 92.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The Kentucky Opera aims to give performance of operas and operettas of all types and to perform all acts and functions necessary or desirable in connection with the training and development of competent young performers in the field of opera. The company is committed to increasing its young audience through the development of several educational initiatives designed to make opera more accessible. Meeting tremendous success in its inaugural year, Kentucky Opera launched the Music! Words! Opera! program in Kentucky and Southern Indiana in May of 2000. Developed by OPERA America, the yearlong program trains teams of teachers to facilitate students to create their very own opera. With help from teachers, local artists and musicians and Kentucky Opera professionals, the students compose music, write librettos, design sets and costumes and perform their opera in front of a live audience.

The Kentucky Opera aims to give performance of operas and operettas of all types and to perform all acts and functions necessary or desirable in connection with the training and development of competent young performers in the field of opera. The company is committed to increasing its young audience through the development of several educational initiatives designed to make opera more accessible. Meeting tremendous success in its inaugural year, Kentucky Opera launched the Music! Words! Opera! program in Kentucky and Southern Indiana in May of 2000. Developed by OPERA America, the yearlong program trains teams of teachers to facilitate students to create their very own opera. With help from teachers, local artists and musicians and Kentucky Opera professionals, the students compose music, write librettos, design sets and costumes and perform their opera in front of a live audience.

Financial

two stars

79.55

Accountability & Transparency

four stars

92.00

This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.7%
  Administrative Expenses 14.1%
  Fundraising Expenses 11.1%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.73
  Program Expenses Growth -3.9%
  Liabilities to Assets 5.6%
All data for Financial Performance Metrics calculations was provided by Kentucky Opera on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Kentucky Opera on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Kentucky Opera (KY) 84.47 three stars
Lyric Opera of Kansas City (MO) 90.64 four stars
Michigan Opera Theatre (MI) 85.35 three stars
Arizona Opera (AZ) 85.69 three stars
Choral Arts (DC) 85.69 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $749,859
   Federated Campaigns $576,000
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $59,220
Total Contributions $1,385,079
   Program Service Revenue $395,191
Total Primary Revenue $1,780,270
   Other Revenue $302,228
TOTAL REVENUE $2,082,498
   
EXPENSES  
   Program Expenses $1,547,129
   Administrative Expenses $282,174
   Fundraising Expenses $247,053
TOTAL FUNCTIONAL EXPENSES $2,076,356
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,142
   
Net Assets $3,991,573

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Opera Production $1,166,322 75.4%
Opera Awareness $275,391 17.8%
Education $105,416 6.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-05 07/01/2018 84.47 three stars
2016-05 11/01/2017 84.11 three stars
2015-05 11/01/2016 85.55 three stars
2014-05 06/01/2016 85.25 three stars
 
CN 2.0
2014-05 10/01/2015 82.37 three stars
2013-05 09/01/2014 82.17 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 61-6013111
Name in IRS Master File KENTUCKY OPERA ASSOCIATION INC
NTEE Code A6A
NTEE Classification Opera
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
(59) Other school related activities
(602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1968
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End May
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • May, 2017
  • May, 2016
  • May, 2015
  • May, 2014
  • May, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$84,558 4.07% Ian Derrer General Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Kentucky Opera (KY) 84.47 three stars
Pittsburgh Opera (PA) 90.79 four stars
Lyric Opera of Chicago (IL) 91.48 four stars
New Orleans Opera Association (LA) 87.91 three stars
Michigan Opera Theatre (MI) 85.35 three stars

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Charity Contact Info

Kentucky Opera
323 West Broadway
Suite 601
Louisville, KY 40202
tel: (505) 584-4500
fax: (502) 561-7941
EIN: 61-6013111

Visit Web Site

Board Leadership

Henry H. Kuehn
Chair

CEO

Ian Derrer
General Director

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