Shreveport Opera FY2020 filing

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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.
48¢ of each $1 spent went to programs.
$96K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
48%
of spending
Concern: 48% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$96K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
7 mo
of spending, in cash
Plus $524K in investments, Pt X · Ln 11–13
Looks good: 6.6 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
$52K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
30
of 30 voting members
Looks good: 30 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$820K
Spent
$599K
To programs
48%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$820K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$820K
FY2021$795K
FY2022$844K
FY2023$1.6M
FY2024$623K
FY2025$681K
Expenses
$599K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$599K
FY2021$441K
FY2022$615K
FY2023$632K
FY2024$670K
FY2025$1.1M
Net assets
$1.2M
FY2020
Tap a bar for its year
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 FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Apr 1962.

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

Where the money goes

48 cents of each dollar spent went to programs.

Program services 48% · $290K Management & general 52% · $309K

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

32 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
General Artistic Director
$96,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 →

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.

Questions for Shreveport Opera

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1 program · $290K · in their own filed words · FY2019
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.

$290Kprogram expense

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 FY2020 990, line by line.

1The main four
Money inPt VIII
$820K
Ln 12
Gifts and grantsLn 1h$613K
Other incomeLn 4–11$115K
Fees for servicesLn 2g$83K
Money outPt IX
$599K
Ln 25
Programscol B$290K
Managementcol C$309K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$331K
Total assetsLn 16$1.3M
LiabilitiesLn 26$52K
PeoplePt VI, VII
32
listed · VII A
PaidVII A1
Voting boardVI 1a30
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$613K
Government grantsLn 1e$46K
Fees for servicesLn 2g$83K
Investment incomeLn 3$10K
Other incomeLn 4–11$115K
Total revenueLn 12$820K
Assets in detailPt X, end of year
CashLn 1$331K
Cash and savings togetherLn 1–2$331K
Prepaid expenses and deferred chargesLn 9$3K
Land, buildings, equipmentLn 10c$351K
InvestmentsLn 11–13$524K
Other assetsLn 15$42K
Total assetsLn 16$1.3M
LiabilitiesLn 26$52K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 527
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$524K$336K$331K$311K$270K
Given inLn 1b$100K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$289K$331K
InvestmentsLn 11–13$336K$524K
Land, buildings, equipmentLn 10c$352K$351K
Total assetsLn 16$1.0M$1.3M
LiabilitiesLn 26$103K$52K
Net assetsLn 32$936K$1.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$205K$25K$180K
Pension plan contributionsLn 8$5K$5K
Other employee benefitsLn 9$20K$20K
Payroll taxesLn 10$17K$3K$14K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$192K$182K$10K
Advertising and promotionLn 12$2K$704$1K
Office expensesLn 13$16K$12K$4K
OccupancyLn 16$12K$12K
TravelLn 17$14K$14K$30
Depreciation, depletion and amortizationLn 22$16K$12K$4K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$51K$39K$12K
All other expensesLn 24e$15K$2K$13K
Total functional expensesLn 25$599K$290K$309K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 5, 2026 $681K$1.1M−$391K$2.8M 990 PDF
FY2024Filed with the IRS May 14, 2025 $623K$670K−$48K$3.0M 990 PDF
FY2023Filed with the IRS May 15, 2024 $1.6M$632K$1.0M$2.8M 990 PDF
FY2022Filed with the IRS May 9, 2023 $844K$615K$229K$1.7M 990 PDF
FY2021Filed with the IRS Apr 26, 2022 $795K$441K$354K$1.6M 990 PDF
FY2020 ViewingFiled with the IRS May 18, 2021 $820K$599K$222K$1.2M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $820,287 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $678,946$612,701
I-9 Program service revenuePrior year $113,457$82,745
I-10 Investment incomePrior year $15,322$9,710
I-11 Other revenuePrior year $142,964$115,131
I-12 Total revenuePrior year $950,689$820,287
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 $214,033$246,908
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $416,092$351,662
I-18 Total expensesPrior year $630,125$598,570
I-19 Revenue less expensesPrior year $320,564$221,717
Part VI · Governance 30 of 30 board members independent, 2 to look at
VI-1a Voting members of the governing body30
VI-1b Independent voting members30
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $820,287 across 8 lines filed
VIII-1e Government grants$45,501
VIII-1f All other contributions, gifts and grants$567,200
VIII-1h Total contributions, gifts and grants$612,701
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $82,745$82,745
VIII-3 Investment incomeExcluded from tax $9,710$9,710
VIII-8 Net income from fundraising eventsExcluded from tax $46,645$46,645
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $61,786 · Unrelated business $6,700$68,486
VIII-12 Total revenueRelated to mission $144,531 · Unrelated business $6,700 · Excluded from tax $56,355$820,287
Part IX · Statement of functional expenses $598,570 across 14 lines filed
IX-7 Other salaries and wagesPrograms $24,608 · Management $180,036$204,644
IX-8 Pension plan contributionsManagement $5,286$5,286
IX-9 Other employee benefitsManagement $19,537$19,537
IX-10 Payroll taxesPrograms $3,240 · Management $14,201$17,441
IX-11c Accounting feesManagement $10,400$10,400
IX-11g Other fees for servicesPrograms $181,830 · Management $10,361$192,191
IX-12 Advertising and promotionPrograms $704 · Management $1,243$1,947
IX-13 Office expensesPrograms $11,654 · Management $3,901$15,555
IX-16 OccupancyManagement $11,871$11,871
IX-17 TravelPrograms $14,469 · Management $30$14,499
IX-22 Depreciation, depletion and amortizationPrograms $12,386 · Management $3,500$15,886
IX-23 InsuranceManagement $23,305$23,305
IX-24 Other expenses (24a–d)Programs $38,724 · Management $11,995$50,719
IX-24e All other expensesPrograms $2,112 · Management $13,177$15,289
IX-25 Total functional expensesPrograms $289,727 · Management $308,843 · Fundraising $0$598,570
Part X · Balance sheet $1,250,976 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $288,956$331,000
X-9 Prepaid expenses and deferred chargesStart of year $6,628$3,363
X-10c Land, buildings and equipment, netStart of year $352,233$350,917
X-12 Other securitiesStart of year $336,215$523,702
X-15 Other assetsStart of year $54,398$41,994
X-16 Total assetsStart of year $1,038,430$1,250,976
X-17 Accounts payable and accrued expensesStart of year $7,439$10,093
X-19 Deferred revenueStart of year $41,000$0
X-25 Other liabilitiesStart of year $54,398$41,994
X-26 Total liabilitiesStart of year $102,837$52,087
X-27 Net assets without donor restrictionsStart of year $935,593$1,198,889
X-32 Total net assets or fund balancesStart of year $935,593$1,198,889
X-33 Total liabilities and net assetsStart of year $1,038,430$1,250,976
Part XI · Reconciliation of net assets $1,198,889 net assets at year end
XI-1 Total revenue$820,287
XI-2 Total expenses$598,570
XI-3 Revenue less expenses$221,717
XI-4 Net assets at start of year$935,593
XI-5 Net unrealized gains (losses) on investments$3,579
XI-8 Prior period adjustments$38,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,198,889

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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