Shreveport Opera

Tax-deductible

Shreveport, LA501(c)(3)Arts & CultureEIN 72-6021455

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The mission of Shreveport Opera is to produce professional Opera and musical productions of the highest artistic quality and provides educational programming and outreach to children, youth and adults in the ark-la-tex region.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
4 of 6
filings with a surplus
Average surplus $228K a year · 25% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $202K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$349K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 29 voting members
Looks good: 29 of 29 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$681K
+9% vs prior year
Spent
$1.1M
To programs
80%
Net assets
$2.8M
By yearFY2020–FY2025
Revenue
$681K
FY2025▲ +9%
Revenue by fiscal year
FY2020$820K
FY2021$795K
FY2022$844K
FY2023$1.6M
FY2024$623K
FY2025$681K
Expenses
$1.1M
FY2025▲ +60%
Expenses by fiscal year
FY2020$599K
FY2021$441K
FY2022$615K
FY2023$632K
FY2024$670K
FY2025$1.1M
Net assets
$2.8M
FY2025▼ -7%
Net assets by fiscal year
FY2020$1.2M
FY2021$1.6M
FY2022$1.7M
FY2023$2.8M
FY2024$3.0M
FY2025$2.8M

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1962.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $863K Management & general 20% · $209K

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

29 people listed on the 990.

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

Steve Aiken’s $102K as General Artistic Director is at the 89th 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 · 1 named individual · Part VII

NameFY2022FY2021FY2020
Steve Aiken$101,768$96,500$96,500

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.

See Shreveport Opera executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Presents professional opera and musicals, offering educational programs for all ages.

Provided by the organization

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1 program service account for $863K of program spending, described in the organization's own filed words · FY2024.
01

The shreveport opera produces professional opera and musical productions of the highest artistic quality and provides educational programming and outreach to children, youth and adults in the ark-la-tex region.

$863Kprogram expense

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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 13 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$681K
Ln 12
Gifts and grantsLn 1h$576K
Fees for servicesLn 2g$120K
Investment incomeLn 3$56K
Money outPt IX
$1.1M
Ln 25
Programscol B$863K
Managementcol C$209K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$428K
Total assetsLn 16$3.1M
LiabilitiesLn 26$349K
PeoplePt VI, VII
29
listed · VII A
PaidVII A0
Voting boardVI 1a29
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$576K
Government grantsLn 1e$66K
Fees for servicesLn 2g$120K
Investment incomeLn 3$56K
Gains on assetsLn 7$53K
Total revenueLn 12$681K
Assets in detailPt X, end of year
CashLn 1$428K
Cash and savings togetherLn 1–2$428K
InvestmentsLn 11–13$2.3M
Land, buildings, equipmentLn 10c$357K
Other assetsLn 15$20K
Total assetsLn 16$3.1M
LiabilitiesLn 26$349K
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 527
VolunteersI 60
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 FY25End FY25
Cash and savingsLn 1–2$652K$428K
InvestmentsLn 11–13$1.9M$2.3M
Land, buildings, equipmentLn 10c$383K$357K
Total assetsLn 16$3.0M$3.1M
LiabilitiesLn 26$44K$349K
Net assetsLn 32$3.0M$2.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$208K$173K$35K
Other employee benefitsLn 9$295K$231K$65K
Payroll taxesLn 10$16K$14K$3K
Accounting feesLn 11c$37K$37K
Other fees for servicesLn 11g$335K$335K
Advertising and promotionLn 12$2K$1K$1K
Office expensesLn 13$20K$14K$5K
OccupancyLn 16$26K$10K$16K
TravelLn 17$23K$19K$4K
Depreciation, depletion and amortizationLn 22$26K$26K
InsuranceLn 23$25K$5K$19K
Other expenses (24a–d)Ln 24$51K$33K$18K
All other expensesLn 24e$7K$1K$6K
Total functional expensesLn 25$1.1M$863K$209K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $681K$1.1M−$391K$2.8M 990 PDF
FY2024 $623K$670K−$48K$3.0M 990 PDF
FY2023 $1.6M$632K$1.0M$2.8M 990 PDF
FY2022 $844K$615K$229K$1.7M 990 PDF
FY2021 $795K$441K$354K$1.6M 990 PDF
FY2020 $820K$599K$222K$1.2M 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $680,805 across 9 lines filed
VIII-1e Government grants$65,565
VIII-1f All other contributions, gifts and grants$510,930
VIII-1h Total contributions, gifts and grants$576,495
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $120,106$120,106
VIII-3 Investment incomeExcluded from tax $3,222$3,222
VIII-7 Net gain or loss on sales of assetsExcluded from tax $53,224$53,224
VIII-8 Net income from fundraising eventsExcluded from tax −$85,444−$85,444
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $13,202$13,202
VIII-12 Total revenueRelated to mission $133,308 · Unrelated business $0 · Excluded from tax −$28,998$680,805
Part IX · Statement of functional expenses $1,071,860 across 13 lines filed
IX-7 Other salaries and wagesPrograms $172,922 · Management $34,922$207,844
IX-9 Other employee benefitsPrograms $230,548 · Management $64,924$295,472
IX-10 Payroll taxesPrograms $13,519 · Management $2,730$16,249
IX-11c Accounting feesManagement $36,921$36,921
IX-11g Other fees for servicesPrograms $334,844$334,844
IX-12 Advertising and promotionPrograms $1,132 · Management $1,199$2,331
IX-13 Office expensesPrograms $14,470 · Management $5,387$19,857
IX-16 OccupancyPrograms $10,410 · Management $15,996$26,406
IX-17 TravelPrograms $19,372 · Management $4,020$23,392
IX-22 Depreciation, depletion and amortizationPrograms $26,006$26,006
IX-23 InsurancePrograms $5,370 · Management $19,345$24,715
IX-24 Other expenses (24a–d)Programs $33,102 · Management $17,540$50,642
IX-24e All other expensesPrograms $1,072 · Management $6,109$7,181
IX-25 Total functional expensesPrograms $862,767 · Management $209,093 · Fundraising $0$1,071,860
Part X · Balance sheet $3,120,884 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $651,995$428,271
X-9 Prepaid expenses and deferred chargesStart of year $20,694$12,877
X-10c Land, buildings and equipment, netStart of year $383,034$357,028
X-12 Other securitiesStart of year $1,946,772$2,303,009
X-15 Other assetsStart of year $33,338$19,699
X-16 Total assetsStart of year $3,035,833$3,120,884
X-17 Accounts payable and accrued expensesStart of year $24,611$343,431
X-25 Other liabilitiesStart of year $19,699$5,434
X-26 Total liabilitiesStart of year $44,310$348,865
X-27 Net assets without donor restrictionsStart of year $2,955,823$2,772,019
X-28 Net assets with donor restrictionsStart of year $35,700$0
X-32 Total net assets or fund balancesStart of year $2,991,523$2,772,019
X-33 Total liabilities and net assetsStart of year $3,035,833$3,120,884
Part XI · Reconciliation of net assets $2,772,019 net assets at year end
XI-1 Total revenue$680,805
XI-2 Total expenses$1,071,860
XI-3 Revenue less expenses−$391,055
XI-4 Net assets at start of year$2,991,523
XI-5 Net unrealized gains (losses) on investments$171,551
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,772,019

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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