West Edge Opera FY2020 filing

Tax-deductible

Berkeley, CA501(c)(3)Arts & CultureEIN 94-2739808

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West Edge Opera looks at the art form through a new lens we present early and contemporary works and reimagine opera traditions

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$16K 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
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
2 of 5
filings with a surplus
Average deficit $41K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$16K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $412K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$44K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$495K
Spent
$473K
To programs
70%
Net assets
$371K
By yearFY2020–FY2024
Revenue
$495K
FY2020
Revenue by fiscal year
FY2020$495K
FY2021$994K
FY2022$1.2M
FY2023$1.2M
FY2024$1.2M
Expenses
$473K
FY2020
Expenses by fiscal year
FY2020$473K
FY2021$945K
FY2022$1.2M
FY2023$1.4M
FY2024$1.2M
Net assets
$371K
FY2020
Net assets by fiscal year
FY2020$371K
FY2021$461K
FY2022$306K
FY2023$124K
FY2024$217K

From the FY2020 Form 990 (year ending September 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 (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1983.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $331K Management & general 14% · $67K Fundraising 16% · $75K

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

15 people listed on the 990; $16K 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
Director
$16,225Pt VII · Sec A
Director
$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
Director
$0Pt VII · Sec A

Brian M Rosen’s $13K as Director is at the 1st percentile of top reported officer pay among 3925 $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 · 2 named individuals · Part VII

NameFY2021FY2020
Brian Rosen—$16,225
Brian M Rosen$13,275—

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 15aNo

Programs and updates

Presents early and contemporary operas, reimagining traditions through a fresh perspective.

Provided by the organization

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2 program services account for $276K of program spending, described in the organization's own filed words · FY2019.
01

Summer Festival

Due to the pandemic, West Edge Opera was forced to cancel its 2020 summer festival, the company's core program generating the majority of our earned income. One of our organization's greatest financial achievements in 2020 was paying our artists even as the pandemic eliminated our earned revenue.

$242Kprogram expense
02

Snapshot

We successfully performed Snapshot's fourth season just be- fore shelter in place mandates set in across California. The program was held at the Wilsey Center for New Opera and at the Ed Roberts Cam- pus on 1/31/20 and 2/1/20. It was an extraordinary successful program artistically and critically.

$34Kprogram 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 12 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$495K
Ln 12
Gifts and grantsLn 1h$480K
Fees for servicesLn 2g$13K
Investment incomeLn 3$4K
Money outPt IX
$473K
Ln 25
Programscol B$331K
Managementcol C$67K
Fundraisingcol D$75K
Owns and owesPt X
$371K
net assets · Ln 32
Cash and savingsLn 1–2$174K
Total assetsLn 16$416K
LiabilitiesLn 26$44K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$480K
Fundraising eventsLn 1c$9K
Fees for servicesLn 2g$13K
Investment incomeLn 3$4K
Total revenueLn 12$495K
Assets in detailPt X, end of year
CashLn 1$158K
SavingsLn 2$16K
Cash and savings togetherLn 1–2$174K
InvestmentsLn 11–13$226K
Total assetsLn 16$416K
LiabilitiesLn 26$44K
Net assetsLn 32$371K
OperationsPt I, VI
EmployeesI 53
VolunteersI 640
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5K$174K
InvestmentsLn 11–13$117K$226K
Total assetsLn 16$127K$416K
LiabilitiesLn 26$30K$44K
Net assetsLn 32$97K$371K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$185K$114K$11K$61K
Other employee benefitsLn 9$8K$8K
Payroll taxesLn 10$15K$9K$868$5K
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$170K$170K
Advertising and promotionLn 12$21K$14K$6K$885
Office expensesLn 13$7K$453$2K$4K
Information technologyLn 14$3K$225$2K$637
RoyaltiesLn 15$742$742
OccupancyLn 16$16K$15K$2K
TravelLn 17$3K$2K$576
InterestLn 20$210$210
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$5K$3K$364$2K
All other expensesLn 24e$5K$3K$325$1K
Total functional expensesLn 25$473K$331K$67K$75K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.2M−$33K$217K 990 PDF
FY2023 $1.2M$1.4M−$195K$124K 990 PDF
FY2022 $1.2M$1.2M−$47K$306K 990 PDF
FY2021 $994K$945K$49K$461K 990 PDF
FY2020 Viewing $495K$473K$23K$371K 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $495,170 across 8 lines filed
VIII-1c Fundraising events$8,900
VIII-1f All other contributions, gifts and grants$471,105
VIII-1h Total contributions, gifts and grants$480,005
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,796$12,796
VIII-3 Investment incomeExcluded from tax $4,178$4,178
VIII-6 Net rental income or lossRelated to mission $930$930
VIII-8 Net income from fundraising eventsExcluded from tax −$2,739−$2,739
VIII-12 Total revenueRelated to mission $13,726 · Excluded from tax $1,439$495,170
Part IX · Statement of functional expenses $472,554 across 15 lines filed
IX-7 Other salaries and wagesPrograms $113,568 · Management $10,705 · Fundraising $60,601$184,873
IX-9 Other employee benefitsManagement $8,336$8,336
IX-10 Payroll taxesPrograms $9,212 · Management $868 · Fundraising $4,915$14,995
IX-11c Accounting feesManagement $27,906$27,906
IX-11g Other fees for servicesPrograms $170,358$170,358
IX-12 Advertising and promotionPrograms $13,971 · Management $5,753 · Fundraising $885$20,609
IX-13 Office expensesPrograms $453 · Management $2,272 · Fundraising $3,795$6,520
IX-14 Information technologyPrograms $225 · Management $2,012 · Fundraising $637$2,874
IX-15 RoyaltiesPrograms $742$742
IX-16 OccupancyPrograms $14,733 · Management $1,666$16,399
IX-17 TravelPrograms $2,230 · Management $576$2,807
IX-20 InterestManagement $210$210
IX-23 InsuranceManagement $5,930$5,930
IX-24 Other expenses (24a–d)Programs $2,519 · Management $364 · Fundraising $2,469$5,352
IX-24e All other expensesPrograms $3,060 · Management $325 · Fundraising $1,258$4,643
IX-25 Total functional expensesPrograms $331,071 · Management $66,923 · Fundraising $74,560$472,554
Part X · Balance sheet $415,620 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $4,677$157,504
X-2 Savings and temporary cash investments$16,500
X-9 Prepaid expenses and deferred chargesStart of year $5,632$15,843
X-11 Publicly traded securitiesStart of year $116,654$225,773
X-16 Total assetsStart of year $126,963$415,620
X-17 Accounts payable and accrued expensesStart of year $6,961$5,974
X-24 Unsecured notes and loans payableStart of year $10,000$32,942
X-25 Other liabilitiesStart of year $12,737$5,383
X-26 Total liabilitiesStart of year $29,698$44,299
X-27 Net assets without donor restrictionsStart of year $87,265$278,321
X-28 Net assets with donor restrictionsStart of year $10,000$93,000
X-32 Total net assets or fund balancesStart of year $97,265$371,321
X-33 Total liabilities and net assetsStart of year $126,963$415,620
Part XI · Reconciliation of net assets $371,321 net assets at year end
XI-1 Total revenue$495,170
XI-2 Total expenses$472,554
XI-3 Revenue less expenses$22,616
XI-4 Net assets at start of year$97,265
XI-5 Net unrealized gains (losses) on investments$14,692
XI-9 Other changes in net assets$236,750
XI-10 Net assets at end of year$371,321

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

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