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Connecticut · Nonprofit

GOODSPEED OPERA HOUSE FOUNDATION INC

GOODSPEED OPERA HOUSE FOUNDATION INC (Connecticut) receives grants from 96 organizations whose IRS filings report $5,816,967 to it, the largest being THE SHUBERT FOUNDATION INC ($810,000). 68 of them have funded it in more than one year.

Revenue FY2024
$14M
Funders on record
96
Grants received
$5.8M
Net assets
$28M
68/96 repeat funderspeak grant-dependency 8%
01What it does

What Goodspeed Opera House Foundation Inc does

Mission

Goodspeed musicals' mission is to share the joy of musical theatre; to delight, inspire, and challenge audiences; to nurture creators; and to build and support a broad, diverse, and inclusive community.

As stated on its FY2024 Form 990.

Programs

  1. Goodspeed Musicals' mission is to share the joy of musical theatre; to delight, inspire, and challenge audiences; to nurture creators; and to build and support a broad, diverse, and inclusive community. Developing new musicals and building the future of the art form are at the core of what makes Goodspeed the "Home of the American Musical." Our long history of producing new works and our approach to new musical development is tried and true. Goodspeed's January - December season celebrates all facets of musical theatre. We produce multiple musicals - new works and re-imagined classics at our historic Goodspeed Opera House, an intimate 398-seat Victorian-style theatre. We have a long history of producing primarily new works on our second stage, The Terris Theatre in nearby Chester, CT. In the 2023 season, we produced the following programs: . In January we hosted the 17th Festival of New Musicals. . The Johnny Mercer Foundation (JMF) Writers Grove took place in February and March. . Continued development of our first two GoodWorks commissions through readings and workshops. . Goodspeed's 2023 season began on Friday, April 5th, kicking off with the Tony-Award winning musical…

    $11,771,748 spent$7,732,802 earned by the program
    100% of program spending
  2. Miscellaneous revenue earned by the organization for activities related to the organization's exempt purpose.

    $15,498 earned by the program

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $11,771,748.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($11M) Expenses 100 ($12M) Net assets 100 ($30M)2018 Revenue 103 ($11M) Expenses 97 ($12M) Net assets 90 ($27M)2019 Revenue 102 ($11M) Expenses 102 ($13M) Net assets 91 ($28M)2020 Revenue 52 ($5.7M) Expenses 49 ($6.1M) Net assets 87 ($26M)2021 Revenue 85 ($9.3M) Expenses 47 ($5.9M) Net assets 99 ($30M)2022 Revenue 114 ($13M) Expenses 91 ($11M) Net assets 93 ($28M)2023 Revenue 111 ($12M) Expenses 111 ($14M) Net assets 95 ($29M)2024 Revenue 129 ($14M) Expenses 124 ($15M) Net assets 92 ($28M)
'17'18'19'20'21'22'23'24
Revenue (129)Expenses (124)Net assets (92)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $36M to $32M (−10%).

$35M
$32M
$32M
$32M
$36M
$32M
$33M
$32M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 1% · 2019 1% · 2020 11% · 2021 51% · 2022 17% · 2023 6% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

34% of GOODSPEED OPERA HOUSE FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$1.6M
’17
−$947k
’18
−$1.6M
’19
−$378k
’20
$3.4M
’21
$1.2M
’22
−$1.8M
’23
−$1.3M
’24
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

John F Wolter

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed4041343233303335
Joined·+4+3+4+6+4+6+6
No longer listed·31065734
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 30 funders to 49 funders, grant income rose $272k → $765k.

15 of 96 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $7k from one payer (the payer shares this organization's board, largest Community Foundation of Middlesex County Inc). These are real filings, and they are not money GOODSPEED OPERA HOUSE FOUNDATION INC raised.

From the IRS filings of GOODSPEED OPERA HOUSE FOUNDATION INC’s funders (the co-funder graph). Top 30 of 96 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GOODSPEED OPERA HOUSE FOUNDATION INC has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

39% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GOODSPEED OPERA HOUSE FOUNDATION INC.

14%
largest funder
35%
top three
~15
effective funders

Largest funder’s share by year: 2017 29% · 2018 28% · 2019 14% · 2020 18% · 2021 21% · 2022 37% · 2023 21% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

63% of GOODSPEED OPERA HOUSE FOUNDATION INC's funders are still giving 3 years after their first grant; 71% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

54% of GOODSPEED OPERA HOUSE FOUNDATION INC's grant income comes from Connecticut funders.

NH
IL
MI
NY
MA
OH
PA
CT
RI
CA
CO
MO
KY
VA
DE
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $1.7M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GOODSPEED OPERA HOUSE FOUNDATION INC's funding base is broadening — from 30 funders to 49 as grant income climbed.

Operating margin−9% · bottom quartile
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 772 arts & culture nonprofits $10M–$100M, FY2024

Government funding GOODSPEED OPERA HOUSE FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $175k on record.

Federal$175k
grants $175kcontracts $0
17
18
19
20
22
23
24
Top agencies
  • National Endowment for the Arts$175k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like GOODSPEED OPERA HOUSE FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 7%Fundraising 6%

Governance

28
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 3 states

NY
CT
FL

Part of a family of 1 related entity

  • Goodspeed Restaurant Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for GOODSPEED OPERA HOUSE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GOODSPEED OPERA HOUSE FOUNDATION INC?
GOODSPEED OPERA HOUSE FOUNDATION INC (Connecticut) receives grants from 96 organizations whose IRS filings report $5,816,967 to it, the largest being THE SHUBERT FOUNDATION INC ($810,000). 68 of them have funded it in more than one year.
How many funders does GOODSPEED OPERA HOUSE FOUNDATION INC have?
IRS filings report 96 organizations giving $5,816,967 in grants to GOODSPEED OPERA HOUSE FOUNDATION INC, 68 of which have funded it in more than one year.
Who is the largest funder of GOODSPEED OPERA HOUSE FOUNDATION INC?
THE SHUBERT FOUNDATION INC is the largest funder on record, with $810,000 in grants. The full list of funders is on this page.
How can an organization like GOODSPEED OPERA HOUSE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Goodspeed Opera House →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 96 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing