Opera Montana FY2021 filing

Tax-deductible

Bozeman, MT501(c)(3)Arts & CultureEIN 81-0382552Revenue $310K in FY2021

On file with the IRSintermountainopera.org1807 W Dickerson St Ste C, 59715-1311 · Bozeman, MTTax-exempt since Jun 1979Publicly supported charity — 170(b)(1)(A)(vi)

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To educate, promote, and share the joy of Opera in Montana and surrounding areas, by producing professional quality Opera performances at affordable prices.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
$50K 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
3 of 6
filings with a surplus
Average surplus $119K a year · 17% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 14.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$16K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$310K
-23% vs prior year
Spent
$178K
To programs
62%
Net assets
$387K
By yearFY2020–FY2025
Revenue
$310K
FY2021▼ -23%
Tap a bar for its year
Revenue by fiscal year
FY2020$403K
FY2021$310K
FY2022$421K
FY2023$678K
FY2024$760K
FY2025$1.7M
Expenses
$178K
FY2021▼ -59%
Tap a bar for its year
Expenses by fiscal year
FY2020$432K
FY2021$178K
FY2022$529K
FY2023$687K
FY2024$745K
FY2025$1.0M
Net assets
$387K
FY2021▲ +67%
Tap a bar for its year
Net assets by fiscal year
FY2020$231K
FY2021$387K
FY2022$250K
FY2023$250K
FY2024$326K
FY2025$1.0M

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 (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1979.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $110K Management & general 28% · $50K Fundraising 10% · $19K

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

19 people listed on the 990; $50K 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
Executive Director
$50,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Susan Miller’s $79K as Executive Dir. is at the 17th 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Susan Miller$78,540$76,000$75,000———
Jacquelyn Vick———$27,083$50,000$49,406
Martha Sellers———$5,425——

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

Programs and updates

Presents professional opera performances affordably, sharing its joy across Montana.

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Provided by the organization

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1 program · $110K · in their own filed words · FY2020
01

Intermountain opera association of bozeman (iob) is montana's connection to the wonderful world of opera. Every year iob produces two fully staged opera productions, one in october and one in may with two performances each. Performances take place in the 1,108 seat newly remodeled willson auditorium.

$110Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 1 grant · $8K · 2023–2023
Montana Center for the ArtsMT · FY2023$7,500

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$310K
Ln 12
Gifts and grantsLn 1h$285K
Other incomeLn 4–11$15K
Fees for servicesLn 2g$5K
Money outPt IX
$178K
Ln 25
Programscol B$110K
Managementcol C$50K
Fundraisingcol D$19K
Owns and owesPt X
$387K
net assets · Ln 32
Cash and savingsLn 1–2$220K
Total assetsLn 16$403K
LiabilitiesLn 26$16K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$285K
Government grantsLn 1e$57K
Fees for servicesLn 2g$5K
Investment incomeLn 3$4K
Other incomeLn 4–11$15K
Gains on assetsLn 7$0
Total revenueLn 12$310K
Assets in detailPt X, end of year
CashLn 1$113K
SavingsLn 2$107K
Cash and savings togetherLn 1–2$220K
InvestmentsLn 11–13$171K
Land, buildings, equipmentLn 10c$6K
Other assetsLn 15$0
Total assetsLn 16$403K
LiabilitiesLn 26$16K
Net assetsLn 32$387K
OperationsPt I, VI
EmployeesI 55
VolunteersI 6225
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$140K$220K
InvestmentsLn 11–13$103K$171K
Land, buildings, equipmentLn 10c$8K$6K
Total assetsLn 16$257K$403K
LiabilitiesLn 26$26K$16K
Net assetsLn 32$231K$387K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$49K$19K$12K$17K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$520$520
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$4K$2K$1K$1K
Management feesLn 11a$0
Legal feesLn 11b$523$523
Accounting feesLn 11c$4K$201$3K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$358$358
Information technologyLn 14$1K$1K
RoyaltiesLn 15$0
OccupancyLn 16$13K$13K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$95K$87K$8K
All other expensesLn 24e$5K$975$4K
Total functional expensesLn 25$178K$110K$50K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.0M$716K$1.0M 990 PDF
FY2024 $760K$745K$15K$326K 990 PDF
FY2023 $678K$687K−$9K$250K 990 PDF
FY2022 $421K$529K−$108K$250K 990 PDF
FY2021 Viewing $310K$178K$132K$387K 990 PDF
FY2020 $403K$432K−$29K$231K 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 $309,633 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $234,695$285,010
I-9 Program service revenuePrior year $141,308$5,475
I-10 Investment incomePrior year $4,997$4,090
I-11 Other revenuePrior year $21,870$15,058
I-12 Total revenuePrior year $402,870$309,633
I-13 Grants and similar amounts paidPrior year $2,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $129,151$53,435
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $300,935$124,480
I-18 Total expensesPrior year $432,086$177,915
I-19 Revenue less expensesPrior year −$29,216$131,718
Part VI · Governance 18 of 18 board members independent, 2 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
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 $309,633 across 11 lines filed
VIII-1e Government grants$57,170
VIII-1f All other contributions, gifts and grants$227,840
VIII-1h Total contributions, gifts and grants$285,010
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,475$5,475
VIII-3 Investment incomeRelated to mission $4,090$4,090
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,058$15,058
VIII-12 Total revenueRelated to mission $24,623$309,633
Part IX · Statement of functional expenses $177,915 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $19,475 · Management $12,172 · Fundraising $17,040$48,687
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $520$520
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,673 · Management $1,092 · Fundraising $1,463$4,228
IX-11a Management fees$0
IX-11b Legal feesManagement $523$523
IX-11c Accounting feesPrograms $201 · Management $3,458$3,659
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $358$358
IX-14 Information technologyManagement $1,164$1,164
IX-15 Royalties$0
IX-16 OccupancyManagement $12,815$12,815
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $2,824$2,824
IX-23 InsuranceManagement $2,817$2,817
IX-24 Other expenses (24a–d)Programs $87,260 · Management $7,884$95,144
IX-24e All other expensesPrograms $975 · Management $4,201$5,176
IX-25 Total functional expensesPrograms $109,584 · Management $49,828 · Fundraising $18,503$177,915
Part X · Balance sheet $402,541 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $39,127$113,017
X-2 Savings and temporary cash investmentsStart of year $101,119$106,931
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $4,300$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $1,200$5,715
X-10c Land, buildings and equipment, netStart of year $8,378$5,554
X-11 Publicly traded securitiesStart of year $102,787$171,324
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $256,911$402,541
X-17 Accounts payable and accrued expensesStart of year $23,206$5,378
X-25 Other liabilitiesStart of year $1$10,503
X-26 Total liabilitiesStart of year $25,707$15,881
X-27 Net assets without donor restrictionsStart of year $128,417$215,336
X-28 Net assets with donor restrictionsStart of year $102,787$171,324
X-32 Total net assets or fund balancesStart of year $231,204$386,660
X-33 Total liabilities and net assetsStart of year $256,911$402,541
Part XI · Reconciliation of net assets $386,660 net assets at year end
XI-1 Total revenue$309,633
XI-2 Total expenses$177,915
XI-3 Revenue less expenses$131,718
XI-4 Net assets at start of year$231,204
XI-5 Net unrealized gains (losses) on investments$23,738
XI-10 Net assets at end of year$386,660

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

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