Santa Barbara Opera Association FY2021 filing

Tax-deductible

Santa Barbara, CA501(c)(3)Since 1994Arts & CultureEIN 77-0347413Revenue $1.4M in FY2021

On file with the IRSoperasb.org1330 State St Ste 209, 93101-2681 · Santa Barbara, CATax-exempt since Jun 1994Publicly supported — 509(a)(2)

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501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$133K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $33K a year · 2% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$133K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $497K
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$221K
40% of total assets
Looks good: liabilities are 40% 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
$1.4M
+2% vs prior year
Spent
$1.2M
To programs
69%
Net assets
$331K
By yearFY2020–FY2024
Revenue
$1.4M
FY2021▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$1.8M
FY2023$1.9M
FY2024$1.9M
FY2024$1.7M
Expenses
$1.2M
FY2021▼ -14%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.2M
FY2022$1.9M
FY2023$1.9M
FY2024$2.1M
FY2024$1.7M
Net assets
$331K
FY2021▲ +213%
Tap a bar for its year
Net assets by fiscal year
FY2020$106K
FY2021$331K
FY2022$200K
FY2023$163K
FY2024−$37K
FY2024$2K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1994.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $821K Management & general 16% · $186K Fundraising 16% · $191K

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

24 people listed on the 990; $133K 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
Artistic and General Direc
$132,843Pt 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
Director
$0Pt VII · Sec A

Kostis Protopapas’s $140K as Artistic and General Direc is at the 61st percentile of top reported officer pay among 3924 $1–10M 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kostis Protopapas$140,182$135,670$145,374$135,436$132,843$131,590

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 Santa Barbara Opera Association 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Presents exciting, high-quality opera productions and community programs celebrating opera's beauty.

Provided by the organization

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3 programs · $821K · in their own filed words · FY2020
01

See schedule omain stage productions & concerts. As the only presenter of professional opera serving california's central coast, our company's diverse repertoire includes popular opera favorites, lesser known classics, and contemporary american operas.

$686Kprogram expense
02

See schedule oeducation & outreach. Opera SB was obligated to suspend all its in school programs in the 2020-21 season, due to school closures and continuing uncertainty regarding the pandemic.

$80Kprogram expense
03

See schedule ochrisman studio artists. Opera santa barbara develops the next generation of opera singers by providing mainstage performance opportunities and valuable training to some of america's most talented young artists.

$55Kprogram 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 15 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$75K
Other incomeLn 4–11$27K
Money outPt IX
$1.2M
Ln 25
Programscol B$821K
Managementcol C$186K
Fundraisingcol D$191K
Owns and owesPt X
$331K
net assets · Ln 32
Cash and savingsLn 1–2$201K
Total assetsLn 16$551K
LiabilitiesLn 26$221K
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$232K
Noncash giftsLn 1g$133K
Fundraising eventsLn 1c$35K
Fees for servicesLn 2g$75K
Investment incomeLn 3$6K
Other incomeLn 4–11$27K
Gains on assetsLn 7$5K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$201K
Cash and savings togetherLn 1–2$201K
InvestmentsLn 11–13$124K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$518
Total assetsLn 16$551K
LiabilitiesLn 26$221K
Net assetsLn 32$331K
OperationsPt I, VI
EmployeesI 558
VolunteersI 630
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$79K$201K
InvestmentsLn 11–13$84K$124K
Land, buildings, equipmentLn 10c$0$3K
Total assetsLn 16$301K$551K
LiabilitiesLn 26$196K$221K
Net assetsLn 32$106K$331K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$132K$125K$3K$4K
Other salaries and wagesLn 7$344K$146K$65K$133K
Other employee benefitsLn 9$18K$8K$3K$7K
Payroll taxesLn 10$36K$20K$5K$11K
Accounting feesLn 11c$41K$31K$3K$7K
Other fees for servicesLn 11g$115K$109K$6K
Advertising and promotionLn 12$46K$40K$5K
Office expensesLn 13$29K$1K$27K$126
RoyaltiesLn 15$250$250
OccupancyLn 16$147K$107K$40K
InterestLn 20$532$532
InsuranceLn 23$22K$22K
Other expenses (24a–d)Ln 24$256K$231K$2K$23K
All other expensesLn 24e$11K$11K
Total functional expensesLn 25$1.2M$821K$186K$191K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.9M$2.1M−$177K−$37K 990 PDF
FY2023 $1.9M$1.9M−$49K$163K 990 PDF
FY2022 $1.8M$1.9M−$118K$200K 990 PDF
FY2021 Viewing $1.4M$1.2M$205K$331K 990 PDF
FY2020 $1.4M$1.4M−$23K$106K 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 $1,403,340 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,151,830$1,295,470
I-9 Program service revenuePrior year $247,789$74,895
I-10 Investment incomePrior year $2,269$6,036
I-11 Other revenuePrior year −$27,962$26,939
I-12 Total revenuePrior year $1,373,926$1,403,340
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 $612,181$530,625
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $785,184$667,804
I-18 Total expensesPrior year $1,397,365$1,198,429
I-19 Revenue less expensesPrior year −$23,439$204,911
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 $1,403,340 across 10 lines filed
VIII-1c Fundraising events$35,175
VIII-1e Government grants$232,264
VIII-1f All other contributions, gifts and grants$1,028,031
VIII-1g Noncash contributions (included above)$133,388
VIII-1h Total contributions, gifts and grants$1,295,470
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $74,895$74,895
VIII-3 Investment incomeExcluded from tax $1,375$1,375
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,661$4,661
VIII-8 Net income from fundraising eventsExcluded from tax $26,939$26,939
VIII-12 Total revenueRelated to mission $74,895 · Unrelated business $0 · Excluded from tax $32,975$1,403,340
Part IX · Statement of functional expenses $1,198,429 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $125,128 · Management $2,632 · Fundraising $3,949$131,709
IX-7 Other salaries and wagesPrograms $146,143 · Management $64,600 · Fundraising $133,246$343,989
IX-9 Other employee benefitsPrograms $8,105 · Management $3,187 · Fundraising $7,149$18,441
IX-10 Payroll taxesPrograms $20,099 · Management $5,425 · Fundraising $10,962$36,486
IX-11c Accounting feesPrograms $31,431 · Management $2,873 · Fundraising $7,037$41,341
IX-11g Other fees for servicesPrograms $109,269 · Management $5,571$114,840
IX-12 Advertising and promotionPrograms $40,495 · Fundraising $5,155$45,650
IX-13 Office expensesPrograms $1,487 · Management $27,101 · Fundraising $126$28,714
IX-15 RoyaltiesPrograms $250$250
IX-16 OccupancyPrograms $107,184 · Management $39,687$146,871
IX-20 InterestManagement $532$532
IX-23 InsuranceManagement $22,265$22,265
IX-24 Other expenses (24a–d)Programs $231,422 · Management $1,528 · Fundraising $23,349$256,299
IX-24e All other expensesManagement $11,042$11,042
IX-25 Total functional expensesPrograms $821,013 · Management $186,443 · Fundraising $190,973$1,198,429
Part X · Balance sheet $551,292 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $78,886$200,739
X-4 Accounts receivableStart of year $74,784$201,620
X-9 Prepaid expenses and deferred chargesStart of year $13,500$21,450
X-10c Land, buildings and equipment, netStart of year $0$2,762
X-11 Publicly traded securitiesStart of year $83,919$124,203
X-15 Other assetsStart of year $0$518
X-16 Total assetsStart of year $301,089$551,292
X-17 Accounts payable and accrued expensesStart of year $4,493$36,363
X-19 Deferred revenueStart of year $71,390$62,957
X-25 Other liabilitiesStart of year $119,683$121,255
X-26 Total liabilitiesStart of year $195,566$220,575
X-27 Net assets without donor restrictionsStart of year −$94,477$58,295
X-28 Net assets with donor restrictionsStart of year $200,000$272,422
X-32 Total net assets or fund balancesStart of year $105,523$330,717
X-33 Total liabilities and net assetsStart of year $301,089$551,292
Part XI · Reconciliation of net assets $330,717 net assets at year end
XI-1 Total revenue$1,403,340
XI-2 Total expenses$1,198,429
XI-3 Revenue less expenses$204,911
XI-4 Net assets at start of year$105,523
XI-5 Net unrealized gains (losses) on investments$20,283
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$330,717

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

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