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CHARITY REVIEW
Issued: September 2024 Expires: September 2025

Opera Theatre of St. Louis

Accredited Charity
Accredited Charity

Meets Standards

210 Hazel Avenue
Saint Louis, MO, 63119

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Opera Theatre of St. Louis meets the 20 Standards for Charity Accountability.

Stated Purpose:
"To create productions of the highest quality and to communicate the richness and power of live opera and music theater to audiences of all ages and backgrounds. To strengthen the cultural and economic vitality of our region. To build passion, support, and appreciation for opera."

Year, State Incorporated:
1964, MO

The Festival Season, Professional Training, and Education Programming.

For the year ended September 30, 2024, Opera Theatre of St. Louis's program expenses were:

Programs $10,476,672
Total Program Expenses $10,476,672

Chief Executive
Andrew Jorgensen, Director General

Compensation*
$291,081

Chair of the Board
Kim Eberlein, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
50

Paid Staff Size
348

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Membership appeals

% of Related Contributions on Fundraising: 28.35%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Opera Theatre of St. Louis's audited financial statements for the year ended September 30, 2024.

Source of Funds
Investment Return $20,257,055
Grants, Contributions, and Bequests $4,770,220
Performance Admissions $1,360,575
Benefits $978,446
Rentals and Other Activities $401,154
Program Advertising $29,749
Total Income $27,797,199

Programs: 76% Fundraising: 15% Administrative: 10%

Total Income $27,797,199
Total expenses: $13,839,708
  Program expenses $10,476,672
  Fundraising expenses $2,015,437
  Administrative expenses $1,347,599
  Other expenses $0
Income in Excess of Expenses $13,957,491
Beginning Net Assets $98,208,712
Other Changes In Net Assets $0
Ending Net Assets $112,166,203
Total Liabilities $1,850,589
Total Assets $114,016,792

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB of Eastern & Southwest Missouri & Southern Illinois