Better Business Bureau Report for
Opera Theatre of Saint Louis

Better Business Bureau Report issued October 2011
Better Business Bureau Report expires October 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Opera Theatre of Saint Louis
Address: 210 Hazel Avenue
  St. Louis , MO 63119
Phone: 314-961-0171
Web Address: www.experienceopera.org
Also known as:Opera Theatre
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Better Business Bureau Comments

Year, State Incorporated: 1964, Missouri
Affiliates: None
Stated Purpose: "exists 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."

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Evaluation Conclusions

              

Opera Theatre of Saint Louis (OTSTL) meets the 20 Standards for Charity Accountability.
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Programs

              

The Festival Season, Professional Training, and Education Programming.

For the fiscal year ended September 30, 2010, OTSTL's program expenses were:

  
Main Season Performance/Production 4,335,167
Commissions/Second or Subsequent Productions 950,334
Professional Development and Training 645,468
Education/Outreach 499,317
Master Artists/Artisans 241,235
Total Program Expenses: $6,671,521
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Governance

              

Chief Executive : Timothy O'Leary, General Director
Compensation*: 
$219,116

Chair of the Board: Spencer Burke
Chair's Profession / Business Affiliation: Executive Vice President, The St. Louis Trust Company

Board Size: 54

Paid Staff Size: 353

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

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet
Fund raising costs were 23% of related contributions. (Related contributions, which totaled $4,149,994, are donations received as a result of fund raising activities.)
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Tax Status

              

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.
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Financial

              

The following information is based on OTSTL's audited financial statements for the fiscal year ended September 30, 2010.

Source of Funds  
Grants and Contributions 3,146,757
Performance Admissions 1,852,650
Realized and Unrealized Gains on Investments 1,469,175
Benefits 880,520
Other Activities 704,863
Investment Income 443,473
Program Advertising 122,717
Gain on Sale of Facilities and Equipment 665
Change in Value of Split Interest Agreements 132
Total Income $8,620,952


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Uses of Funds as a % of Total Expenses

Programs: 79%  Fund Raising: 11%  Administrative: 10% 

Total income $8,620,952
Program expenses $6,671,521
Fund raising expenses 945,990
Administrative expenses 812,730
Total expenses $8,430,241
Income in Excess of Expenses 190,711
Beginning net assets 28,182,739
Ending net assets 28,373,450
Total liabilities 798,426
Total assets $29,171,876


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