Opera on the James FY2021 filing

Tax-deductible

Lynchburg, VA501(c)(3)Since 2005Arts & CultureEIN 56-2521625Revenue $294K in FY2021

On file with the IRSoperaonthejames.orgPo Box 1450, 24505-1450 · Lynchburg, VATax-exempt since Dec 2005Publicly supported charity — 170(b)(1)(A)(vi)

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Opera on the James seeks to further the appreciation and enjoyment of Opera through community education, promotion of the art form, and support of Opera singers and musicians.

501(c)(3) charity; gifts are tax-deductible.
40¢ of each $1 spent went to programs.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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 $60K 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
40%
of spending
Concern: 40% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $77K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$294K
-35% vs prior year
Spent
$258K
To programs
40%
Net assets
$2.2M
By yearFY2020–FY2025
Revenue
$294K
FY2021▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2020$454K
FY2021$294K
FY2022$376K
FY2023$350K
FY2024$377K
FY2025$545K
Expenses
$258K
FY2021▼ -37%
Tap a bar for its year
Expenses by fiscal year
FY2020$407K
FY2021$258K
FY2022$415K
FY2023$488K
FY2024$592K
FY2025$597K
Net assets
$2.2M
FY2021▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.2M
FY2022$2.0M
FY2023$1.9M
FY2024$1.7M
FY2025$1.5M

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2005.

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

Where the money goes

40 cents of each dollar spent went to programs.

Program services 40% · $103K Management & general 54% · $139K Fundraising 6% · $16K

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

22 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
General Director
$54,000Pt VII · Sec A
General Director
$21,156Pt VII · Sec A
Secretary and Director
$0Pt VII · Sec A
Treasurer and Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director and Investment Chair
$0Pt VII · Sec A
Director and Development Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Perry Payne Milner’s $80K as General Director is at the 76th percentile of top reported officer pay among 2216 $100K–1M 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Perry Payne Milner$80,144$33,393———
Peter Leonard$72,000$36,000$72,000$72,000$54,000
Marco Nistico———$511$21,156

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

Presents diverse, accessible opera productions featuring acclaimed artists to educate and inspire.

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Provided by the organization

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2 programs · $103K · in their own filed words · FY2020
01

There were three opera performances produced by the organization during the year.

$103Kprogram expense
02

The tyler young artist program is a training program to identify emerging professional opera singers and give them the opportunity to share their love of opera. This program provides performances to children and youth in schools, in community venues and on the main stage.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$294K
Ln 12
Gifts and grantsLn 1h$234K
Investment incomeLn 3$55K
Fees for servicesLn 2g$5K
Money outPt IX
$258K
Ln 25
Programscol B$103K
Managementcol C$139K
Fundraisingcol D$16K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$76K
Total assetsLn 16$2.2M
LiabilitiesLn 26$3K
PeoplePt VI, VII
22
listed · VII A
PaidVII A2
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$234K
Government grantsLn 1e$29K
Noncash giftsLn 1g$12K
Fees for servicesLn 2g$5K
Investment incomeLn 3$55K
Gains on assetsLn 7$30K
Total revenueLn 12$294K
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$48K
Cash and savings togetherLn 1–2$76K
InvestmentsLn 11–13$1.6M
Land, buildings, equipmentLn 10c$456K
Total assetsLn 16$2.2M
LiabilitiesLn 26$3K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 53
VolunteersI 650
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 FY21End FY21
Cash and savingsLn 1–2$385K$76K
InvestmentsLn 11–13$1.1M$1.6M
Land, buildings, equipmentLn 10c$461K$456K
Total assetsLn 16$2.1M$2.2M
LiabilitiesLn 26$7K$3K
Net assetsLn 32$2.0M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$21K$7K$7K$7K
Other salaries and wagesLn 7$39K$6K$29K$4K
Other employee benefitsLn 9$9K$2K$6K$1K
Payroll taxesLn 10$4K$932$3K$792
Management feesLn 11a$54K$54K
Accounting feesLn 11c$9K$5K$5K
Investment management feesLn 11f$8K$4K$4K
Other fees for servicesLn 11g$475$475
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$15K$12K$3K
OccupancyLn 16$17K$13K$4K
TravelLn 17−$227−$227
Depreciation, depletion and amortizationLn 22$22K$369$22K
Other expenses (24a–d)Ln 24$53K$49K$2K$3K
All other expensesLn 24e$4K$3K$1K
Total functional expensesLn 25$258K$103K$139K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $545K$597K−$51K$1.5M 990 PDF
FY2024 $377K$592K−$215K$1.7M 990 PDF
FY2023 $350K$488K−$139K$1.9M 990 PDF
FY2022 $376K$415K−$39K$2.0M 990 PDF
FY2021 Viewing $294K$258K$36K$2.2M 990 PDF
FY2020 $454K$407K$48K$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 FY2021 990 (6 parts)
Part I · Summary $293,661 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $319,381$233,654
I-9 Program service revenuePrior year $34,298$4,737
I-10 Investment incomePrior year $95,993$55,270
I-11 Other revenuePrior year $4,754$0
I-12 Total revenuePrior year $454,426$293,661
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $113,447$73,340
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $293,144$184,776
I-18 Total expensesPrior year $406,591$258,116
I-19 Revenue less expensesPrior year $47,835$35,545
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
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 $293,661 across 8 lines filed
Lines not itemized here account for $327 of total revenue; see the IRS return.
VIII-1e Government grants$28,555
VIII-1f All other contributions, gifts and grants$205,099
VIII-1g Noncash contributions (included above)$11,956
VIII-1h Total contributions, gifts and grants$233,654
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,410$4,410
VIII-3 Investment incomeExcluded from tax $25,009$25,009
VIII-7 Net gain or loss on sales of assetsExcluded from tax $30,261$30,261
VIII-12 Total revenueRelated to mission $4,737 · Unrelated business $0 · Excluded from tax $55,270$293,661
Part IX · Statement of functional expenses $258,116 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $7,052 · Management $7,052 · Fundraising $7,052$21,156
IX-7 Other salaries and wagesPrograms $5,838 · Management $29,189 · Fundraising $3,892$38,919
IX-9 Other employee benefitsPrograms $1,801 · Management $5,650 · Fundraising $1,480$8,931
IX-10 Payroll taxesPrograms $932 · Management $2,610 · Fundraising $792$4,334
IX-11a Management feesManagement $54,000$54,000
IX-11c Accounting feesPrograms $4,625 · Management $4,625$9,250
IX-11f Investment management feesPrograms $3,880 · Management $3,881$7,761
IX-11g Other fees for servicesManagement $475$475
IX-12 Advertising and promotionPrograms $1,795$1,795
IX-13 Office expensesPrograms $11,914 · Management $2,978$14,892
IX-16 OccupancyPrograms $12,803 · Management $4,038$16,841
IX-17 TravelPrograms −$227−$227
IX-22 Depreciation, depletion and amortizationPrograms $369 · Management $21,824$22,193
IX-24 Other expenses (24a–d)Programs $49,083 · Management $1,716 · Fundraising $2,597$53,396
IX-24e All other expensesPrograms $2,952 · Management $1,448$4,400
IX-25 Total functional expensesPrograms $102,817 · Management $139,486 · Fundraising $15,813$258,116
Part X · Balance sheet $2,180,458 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $62,920$27,884
X-2 Savings and temporary cash investmentsStart of year $322,381$48,427
X-3 Pledges and grants receivableStart of year $82,299$46,789
X-4 Accounts receivableStart of year $340$0
X-9 Prepaid expenses and deferred chargesStart of year $11,857$12,396
X-10c Land, buildings and equipment, netStart of year $460,889$456,029
X-13 Program-related investmentsStart of year $1,109,806$1,588,933
X-16 Total assetsStart of year $2,050,492$2,180,458
X-17 Accounts payable and accrued expensesStart of year $4,264$1,825
X-25 Other liabilitiesStart of year $2,738$1,585
X-26 Total liabilitiesStart of year $7,002$3,410
X-27 Net assets without donor restrictionsStart of year $1,834,566$1,765,018
X-28 Net assets with donor restrictionsStart of year $208,924$412,030
X-32 Total net assets or fund balancesStart of year $2,043,490$2,177,048
X-33 Total liabilities and net assetsStart of year $2,050,492$2,180,458
Part XI · Reconciliation of net assets $2,177,048 net assets at year end
XI-1 Total revenue$293,661
XI-2 Total expenses$258,116
XI-3 Revenue less expenses$35,545
XI-4 Net assets at start of year$2,043,490
XI-5 Net unrealized gains (losses) on investments$98,013
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,177,048

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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