Metropolitan Opera Guild INC FY2023 filing

Tax-deductible

New York, NY501(c)(3)Since 1936Arts & CultureEIN 13-1681983Revenue $3.0M in FY2023

On file with the IRSmetopera.org30 Lincoln Center, 10023-6922 · New York, NYTax-exempt since Aug 1938Supporting org, Type I — 509(a)(3)

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501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$715K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $553K a year · 15% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$715K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $750
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
-9% vs prior year
Spent
$4.8M
To programs
73%
Net assets
$5.0M
By yearFY2020–FY2025
Revenue
$3.0M
FY2023▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.0M
FY2021$4.0M
FY2022$3.2M
FY2023$3.0M
FY2024$1.2M
FY2025$271K
Expenses
$4.8M
FY2023▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.8M
FY2021$4.1M
FY2022$4.3M
FY2023$4.8M
FY2024$1.9M
FY2025$21K
Net assets
$5.0M
FY2023▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$4.9M
FY2022$6.3M
FY2023$5.0M
FY2024$2.3M
FY2025$3.2M

From the FY2023 Form 990 (year ending June 2023) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1938.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $3.5M Management & general 19% · $885K Fundraising 8% · $403K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

34 people listed on the 990; $715K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Managing Director
$202,026Pt VII · Sec A
Editor in Chief
$147,803Pt VII · Sec A
Director of Learning & Eng
$143,250Pt VII · Sec A
Production Director
$114,199Pt VII · Sec A
Design Director
$107,548Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Vanessa Kubach’s $276K as Managing Director to 3/31/24 is at the 100th percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Thomas Martin————$288,285
Vanessa Kubach$275,997$202,026$172,463$152,947$133,054
Stuart Holt$218,161$143,250$135,914$127,518$118,950
F Paul Driscoll$191,690$147,803$143,570$139,611$137,820
James Greg Joye———$127,630—
Elizabeth Diggans$119,072$114,199$108,792$105,494$103,114
Trent Johnson$111,940$107,548$109,674$107,926$107,589
Kisha Walton-St Vil$101,273————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supported opera education programs for children and adults through grants to the Metropolitan Opera.

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Provided by the organization

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3 programs · $3.5M · in their own filed words · FY2022
01

Publications

The guild publishes opera news, a monthly print anddigital magazine about opera history, performances, and artists, thathelps foster a deeper appreciation of opera and to maintain it as athriving, contemporary art form.

$2.1Mprogram expense
02

Educational Programs

The guild fosters collaboration, literacy skills, self-confidence and an increased capacity for self-expression in children with customized education programs integrated into the curriculum of their schools. The guild also offers workshops andcommunity programs for older students and adults.

$1.4Mprogram expense
03

Support of the Metropolitan Opera (the "met")

The guild supports the met's laffont competition by funding an annual award. The guild also serves as a fundraising agent for the met by encouraging individuals to contribute to the met at various giving levels.

$20Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$750
Grants paid · 4 grants · $5.1M · 2019–2022

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$2.1M
Fees for servicesLn 2g$781K
Other incomeLn 4–11$95K
Money outPt IX
$4.8M
Ln 25
Programscol B$3.5M
Managementcol C$885K
Fundraisingcol D$403K
Owns and owesPt X
$5.0M
net assets · Ln 32
Cash and savingsLn 1–2$717K
Total assetsLn 16$6.9M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
34
listed · VII A
PaidVII A5
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$193K
Noncash giftsLn 1g$187K
Fundraising eventsLn 1c$552K
Fees for servicesLn 2g$781K
Investment incomeLn 3$77K
Other incomeLn 4–11$95K
Gains on assetsLn 7−$361K
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$717K
Cash and savings togetherLn 1–2$717K
InvestmentsLn 11–13$2.1M
Land, buildings, equipmentLn 10c$2.0M
Other assetsLn 15$1.5M
Total assetsLn 16$6.9M
LiabilitiesLn 26$1.9M
Net assetsLn 32$5.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$855K$717K
InvestmentsLn 11–13$3.2M$2.1M
Land, buildings, equipmentLn 10c$2.0M$2.0M
Total assetsLn 16$8.0M$6.9M
LiabilitiesLn 26$1.7M$1.9M
Net assetsLn 32$6.3M$5.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$20K$20K
Pay of current officers, directors and key staffLn 5$282K$71K$197K$14K
Other salaries and wagesLn 7$1.8M$1.4M$306K$167K
Pension plan contributionsLn 8$76K$50K$20K$6K
Other employee benefitsLn 9$253K$155K$58K$40K
Payroll taxesLn 10$165K$111K$40K$13K
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$58K$58K
Investment management feesLn 11f$10K$10K
Other fees for servicesLn 11g$421K$335K$86K
Advertising and promotionLn 12$44K$44K
Office expensesLn 13$87K$54K$30K$3K
Information technologyLn 14$117K$102K$7K$8K
OccupancyLn 16$306K$267K$18K$21K
TravelLn 17$22K$22K$485
Depreciation, depletion and amortizationLn 22$166K$129K$21K$16K
InsuranceLn 23$50K$44K$3K$3K
Other expenses (24a–d)Ln 24$642K$630K$12K$73
All other expensesLn 24e$205K$91K$3K$111K
Total functional expensesLn 25$4.8M$3.5M$885K$403K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $271K$21K$250K$3.2M 990 PDF
FY2024 $1.2M$1.9M−$710K$2.3M 990 PDF
FY2023 Viewing $3.0M$4.8M−$1.8M$5.0M 990 PDF
FY2022 $3.2M$4.3M−$1.1M$6.3M 990 PDF
FY2021 $4.0M$4.1M−$107K$4.9M 990 PDF
FY2020 $10.0M$9.8M$160K$2.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $2,951,154 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,163,039$2,074,703
I-9 Program service revenuePrior year $581,095$781,415
I-10 Investment incomePrior year $187,112−$284,694
I-11 Other revenuePrior year $295,992$379,730
I-12 Total revenuePrior year $3,227,238$2,951,154
I-13 Grants and similar amounts paidPrior year $20,000$20,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,243,388$2,602,527
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,064,126$2,140,145
I-18 Total expensesPrior year $4,327,514$4,762,672
I-19 Revenue less expensesPrior year −$1,100,276−$1,811,518
Part VI · Governance 28 of 28 board members independent, no flags
VI-1a Voting members of the governing body28
VI-1b Independent voting members28
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,951,154 across 14 lines filed
VIII-1b Membership dues$909,723
VIII-1c Fundraising events$551,846
VIII-1e Government grants$193,480
VIII-1f All other contributions, gifts and grants$419,654
VIII-1g Noncash contributions (included above)$186,746
VIII-1h Total contributions, gifts and grants$2,074,703
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $781,415$781,415
VIII-3 Investment incomeExcluded from tax $76,577$76,577
VIII-5 RoyaltiesExcluded from tax $733$733
VIII-6 Net rental income or lossExcluded from tax $16,500$16,500
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$361,271−$361,271
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $264,130 · Excluded from tax $98,367$362,497
VIII-12 Total revenueRelated to mission $781,415 · Unrelated business $264,130 · Excluded from tax −$169,094$2,951,154
Part IX · Statement of functional expenses $4,762,672 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $20,000$20,000
IX-5 Pay of current officers, directors and key staffPrograms $70,529 · Management $197,481 · Fundraising $14,105$282,115
IX-7 Other salaries and wagesPrograms $1,353,529 · Management $306,267 · Fundraising $166,798$1,826,594
IX-8 Pension plan contributionsPrograms $49,635 · Management $19,632 · Fundraising $6,423$75,690
IX-9 Other employee benefitsPrograms $155,384 · Management $58,401 · Fundraising $39,637$253,422
IX-10 Payroll taxesPrograms $111,051 · Management $40,437 · Fundraising $13,218$164,706
IX-11b Legal feesManagement $13,197$13,197
IX-11c Accounting feesManagement $58,383$58,383
IX-11f Investment management feesManagement $9,520$9,520
IX-11g Other fees for servicesPrograms $334,682 · Management $86,005$420,687
IX-12 Advertising and promotionPrograms $43,684$43,684
IX-13 Office expensesPrograms $54,030 · Management $29,678 · Fundraising $2,990$86,698
IX-14 Information technologyPrograms $101,543 · Management $7,003 · Fundraising $8,170$116,716
IX-16 OccupancyPrograms $266,585 · Management $18,283 · Fundraising $21,331$306,199
IX-17 TravelPrograms $21,871 · Management $485$22,356
IX-22 Depreciation, depletion and amortizationPrograms $129,235 · Management $21,039 · Fundraising $15,796$166,070
IX-23 InsurancePrograms $43,500 · Management $2,966 · Fundraising $3,460$49,926
IX-24 Other expenses (24a–d)Programs $629,685 · Management $12,425 · Fundraising $73$642,183
IX-24e All other expensesPrograms $90,548 · Management $3,349 · Fundraising $110,629$204,526
IX-25 Total functional expensesPrograms $3,475,491 · Management $884,551 · Fundraising $402,630$4,762,672
Part X · Balance sheet $6,885,766 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $855,076$717,196
X-3 Pledges and grants receivableStart of year $78,370$113,945
X-4 Accounts receivableStart of year $60,254$138,393
X-8 Inventories for sale or useStart of year $100,888$61,471
X-9 Prepaid expenses and deferred chargesStart of year $187,711$225,149
X-10c Land, buildings and equipment, netStart of year $2,013,785$2,021,969
X-11 Publicly traded securitiesStart of year $3,230,379$2,120,280
X-15 Other assetsStart of year $1,497,814$1,487,363
X-16 Total assetsStart of year $8,024,277$6,885,766
X-17 Accounts payable and accrued expensesStart of year $702,731$866,416
X-19 Deferred revenueStart of year $265,728$293,270
X-25 Other liabilitiesStart of year $710,463$698,110
X-26 Total liabilitiesStart of year $1,678,922$1,857,796
X-27 Net assets without donor restrictionsStart of year $3,988,933$2,914,269
X-28 Net assets with donor restrictionsStart of year $2,356,422$2,113,701
X-32 Total net assets or fund balancesStart of year $6,345,355$5,027,970
X-33 Total liabilities and net assetsStart of year $8,024,277$6,885,766
Part XI · Reconciliation of net assets $5,027,970 net assets at year end
XI-1 Total revenue$2,951,154
XI-2 Total expenses$4,762,672
XI-3 Revenue less expenses−$1,811,518
XI-4 Net assets at start of year$6,345,355
XI-5 Net unrealized gains (losses) on investments$504,584
XI-9 Other changes in net assets−$10,451
XI-10 Net assets at end of year$5,027,970

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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