Experiments in Opera EIN 46-3775780

Experiments in Opera

EIN  46-3775780 Public charity (501(c)(3)) Brooklyn, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Commissions and produces new operas, bringing fresh stories to life.
Leadership
Aaron Siegel · Executive Director · $12K
Money in and out
$211K revenue, $205K expenses
Bottom line
76% program efficiency

Commissions and produces new operas, bringing fresh stories to life. For fiscal year 2025 it reported $211K in revenue, $205K in expenses, and $27K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$205K
Pt IX · Ln 25
Net assets
$27K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.16 Fundraising $0.08
Program efficiency
76%
of spending reaches programs
Operating runway
1.4mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -28% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$211K
FY2025▲ +7%
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$205K
Pt IX · Ln 25
Net assets
$27K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $140K of program spending, described in the organization's own filed words · FY2024.
01

Productions

$97Kprogram expense
02

Writers Room

$34Kprogram expense
03

Opera What?

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CExperiments in Opera
EINHdr · item D46-3775780
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jexperimentsinopera.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFJan 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$12,000Pt VII · Sec A
Artistic Director
$12,000Pt VII · Sec A
Artistic Director
$12,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Aaron Siegel$12,000$5,000$5,000$2,500$2,500
Jason Cady$12,000$5,000$5,000$2,500$2,500
Kamala Sankaram$12,000$4,000$4,000$2,500$2,500

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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Statement of Revenue

Part VIII
Contributions & grants$203K · 96%
Program service revenue$8K · 4%
Contributions & grants96%$203K
Program service revenue4%$8K
— government grantsLn 1e$77K
Total revenueLn 12$211K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.16 Fundraising $0.08
Program services76%$157K
Management & general16%$32K
Fundraising8%$16K
Total functional expensesLn 25$205K

Balance Sheet

Part X · end of year
CashLn 1$23K
Total assetsLn 16$31K
Total liabilitiesLn 26$4K
Total net assetsLn 32$27K
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $23K · Operating expenses/yr $205K
1.4 months
Where the money goes
Program services
Program services $157K · Total expenses $205K
76%
Management & General
Management & general $32K · Total expenses $205K
16%
Fundraising
Fundraising $16K · Total expenses $205K
8%
Cost to raise $1
Fundraising expense $16K · Solicited contributions $126K
$0.13 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $203K · Total revenue $211K
96%
Government reliance
Government grants $77K · Total revenue $211K
36%
Earned-income share
Program service revenue $8K · Total revenue $211K
4%
Investment reliance
Investment income $0 · Total revenue $211K
0%
Program self-sufficiency
Program service revenue $8K · Total expenses $205K
4%
Growth & trend
Revenue growth (YoY)
This year $211K · Prior year $198K
+7%
Revenue CAGR
FY2020 $101K · FY2024 $211K
+20%
Net-asset trend (YoY)
End of year $27K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $211K · Expenses $205K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
Net-asset ratio
Net assets $27K · Total assets $31K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $31K
0%
People & payroll
Highest Reported Total Compensation
Individual Aaron Siegel · Reported title Executive Director · Highest reported compensation $12K · Total expenses $205K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $58K · Total expenses $205K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 16%
Fundraising cost ratio 8%
Revenue growth 7%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 6%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$31K
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$211K revenue · viewing · ⤓ 990 PDF
FY2024$198K revenue · ⤓ 990 PDF
FY2023$146K revenue · ⤓ 990 PDF
FY2022$185K revenue · ⤓ 990 PDF
FY2021$101K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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