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Arts, Culture, Humanities : Performing Arts

North Carolina Opera

Enhancing the cultural life of North Carolina by presenting artistically significant opera

two stars

78.26

612 Wade Avenue Suite 100
Raleigh, NC 27605
tel: (919) 792-3853   Web Site
EIN: 31-1486222

Board Leadership
James Gulick
Chair

CEO
Eric Mitchko
General Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 78.26 two stars
  Financial 75.84 two stars
  Accountability & Transparency 81.00 three stars
This rating was published 07/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

North Carolina Opera was formed in 2010 from the merger of The Opera Company of North Carolina and Capitol Opera Raleigh. It is dedicated to presenting operatic performances at the highest level throughout the Triangle. The mission of North Carolina Opera is to enhance the cultural life of North Carolina by presenting artistically significant opera productions of the highest quality, strengthening and expanding audiences for opera in the region, and providing regional artists opportunities to participate in operatic productions and events.

North Carolina Opera was formed in 2010 from the merger of The Opera Company of North Carolina and Capitol Opera Raleigh. It is dedicated to presenting operatic performances at the highest level throughout the Triangle. The mission of North Carolina Opera is to enhance the cultural life of North Carolina by presenting artistically significant opera productions of the highest quality, strengthening and expanding audiences for opera in the region, and providing regional artists opportunities to participate in operatic productions and events.

Impact Information

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Financial

two stars

75.84

Accountability & Transparency

three stars

81.00

This rating was published 07/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 84.7%
  Administrative Expenses 10.1%
  Fundraising Expenses 5.0%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) < 0.01
  Program Expenses Growth 2.9%
  Liabilities to Assets 272.2%
All data for Financial Performance Metrics calculations was provided by North Carolina Opera on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by North Carolina Opera on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Opera (NC) 78.26 two stars
Sarasota Opera (FL) 86.30 three stars
VocalEssence (MN) 87.58 three stars
Toledo Opera (OH) 96.20 four stars
MasterVoices (NY) 87.39 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $594,157
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $52,395
   Related Organizations $0
   Government Grants $176,538
Total Contributions $823,090
   Program Service Revenue $392,955
Total Primary Revenue $1,216,045
   Other Revenue $86,182
TOTAL REVENUE $1,282,817
   
EXPENSES  
   Program Expenses $1,194,396
   Administrative Expenses $131,780
   Fundraising Expenses $68,246
TOTAL FUNCTIONAL EXPENSES $1,394,422
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-111,605
   
Net Assets $-171,509

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
Mainstage Productions $1,146,123 96.0%
School Outreach Programs $48,273 4.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2020 78.26 two 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 31-1486222
Name in IRS Master File NORTH CAROLINA OPERA INC
NTEE Code A6A
NTEE Classification Opera
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (995) Described in section 509(a)(2) of the Code
(119) Other cultural or historical activities
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 February, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$113,831 8.16% Eric Mitchko General Director

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Opera (NC) 78.26 two stars
Opera Grand Rapids (MI) 85.43 three stars
Lyric Opera of Chicago (IL) 91.61 four stars
Toledo Opera (OH) 96.20 four stars
Glimmerglass Festival (NY) 86.21 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

North Carolina Opera
612 Wade Avenue
Suite 100
Raleigh, NC 27605
tel: (919) 792-3853
EIN: 31-1486222

Visit Web Site

Board Leadership

James Gulick
Chair

CEO

Eric Mitchko
General Director

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