Nonprofit screen
Screen a listSarasota Opera Association Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$16Mrevenue
FY2025 · +53% in 3 yrs144staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin35.3%
Months of reserve0.4mo
Revenue growth (annualized)+4.7%
Middle half of peersMedianSarasota Opera Association
Where the money goes FY2025 · $11M spent
Programs$7.8M74%Management and general$2.0M19%Fundraising$760k7%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 91% in FY2023
$2.6M in FY2022, $229k in FY2023.
990 Part VIIIDeficits in 2 of the last 3 years
−$2.1M in FY2023 and −$884k in FY2024. Cash covers 0.4 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
29 of 30 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI96funders
$1.3Ma year, last 3 years
23%from its largest funder
Funder’17’18’19’20’21’22’23Virginia B Toulmin Charitable Foundation IIIEvery year since FY2017$150k$175k$200k$350k$225k$175k$175kThe Kretzmer Family Charitable Foundation IncSince FY2019$102k$120k$120k$100k$100kSchmidt Family FoundationEvery year since FY2017$250k$10k$50k$15k$5k$18k$18kWilliam E Schmidt Foundation IncSince FY2020$45k$60k$50k$55kThe Gardener Foundation IncSince FY2021$50k$55k$100kWoman's Exchange Inc of SarasotaOn and off$20k$20k$20k$40k$20kDonor-advised giftsDonors not disclosed$2.0M$842k$622k$957k$512k$740k$667k59 other fundersUp to $100k a year each$117k$193k$144k$207k$136k$209k$227k
FundedThrough a donor-advised fund