OPERA PHILADELPHIA

EIN: 231504706 501(c)(3) Arts, Culture & Humanities

PHILADELPHIA, PA

Total Revenue
$11,087,384
Total Expenses
$11,367,839
Total Assets
$6,428,122
Net Assets
$3,130,048
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
PA
Principal Officer
ANTHONY ROTH COSTANZO
Phone
2158933600
Tax Period
2024-06-01 to 2025-05-31

OPERA PHILADELPHIA, founded in 1975, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $11.1M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO BE PHILADELPHIA'S PROFESSIONAL PRODUCER OF QUALITY GRAND OPERA, PRODUCING A DIVERSE RANGE OF REPERTOIRE FEATURING INTERNATIONAL ARTISTS ALONGSIDE RISING YOUNG SINGERS, AND TO PRODUCE EDUCATIONAL PROGRAMS WHICH NURTURE THE FUTURE AND RELEVANCE OF THE ART FORM.

Program Service Accomplishments

Program 1
Expenses: $7,147,886 Revenue: $643,489

IN FY25 OPERA PHILADELPHIA PRODUCED: MISSY MAZZOLI'S THE LISTENERS (OCTOBER 2024) FEATURING NICOLE HEASTON (CLAIRE DEVON) AND KEVIN BURDETTE (HOWARD BARD), DIRECTED BY LILEANA BLAIN- CRUZ AND...

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IN FY25 OPERA PHILADELPHIA PRODUCED: MISSY MAZZOLI'S THE LISTENERS (OCTOBER 2024) FEATURING NICOLE HEASTON (CLAIRE DEVON) AND KEVIN BURDETTE (HOWARD BARD), DIRECTED BY LILEANA BLAIN- CRUZ AND CONDUCTED BY CORRADO ROVARIS; JOSEPH BOLOGNE'S THE ANONYMOUS LOVER (JANUARY/FEBRUARY 2025), FEATURING SYMONE HARCUM (LEONTINE), DIRECTED BY DENNIS WHITEHEAD DARLING AND CONDUCTED BY JALENA BOVELL; AND NEW PRODUCTION OF DON GIOVANNI (MAY 2025), FEATURING SIDNEY OUTLAW (DON GIOVANNI), DIRECTED BY ALISON MORITZ AND CONDUCTED BY CORRADO ROVARIS.

Program 2
Expenses: $538,598

OPERA PHILADELPHIA INAUGURATED THE PICK YOUR PRICE INITIATIVE, OFFERING TICKETS AS LOW AS $11 EACH, SELLING OUT THE SEASON AND MAKING OPERA ACCESSIBLE TO NEW AUDIENCES. IN ADDITION, CONTINUED ITS...

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OPERA PHILADELPHIA INAUGURATED THE PICK YOUR PRICE INITIATIVE, OFFERING TICKETS AS LOW AS $11 EACH, SELLING OUT THE SEASON AND MAKING OPERA ACCESSIBLE TO NEW AUDIENCES. IN ADDITION, CONTINUED ITS COMMUNITY INITIATIVES WITH PROGRAMMING THAT IMPACTS STUDENTS AND ADULTS THROUGHOUT PHILADELPHIA. OPERA PHILADELPHIA ALSO PRODUCED A FREE CONCERT AT CITY HALL AS PART OF CENTER CITY DISTRICT'S ARTS ON CENTER STAGE AND MOTHER TREE CANTATA IN PARTNERSHIP WITH PARKSINGERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,269,544
Program Service Revenue $643,489
Investment Income $38,482
Other Revenue $135,869
TOTAL REVENUE $11,087,384

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,931,903
Fundraising Expenses $1,435,572
Program Expenses $7,686,484
Other Expenses $6,435,936
TOTAL EXPENSES $11,367,839

Year-over-Year Comparison

2024 2023 Change
Revenue $11,087,384 $9,367,212 +0.2%
Expenses $11,367,839 $11,583,520 0.0%
Net Income $-280,455 $-2,216,308 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
28
Independent Members
28
Employees
287
Volunteers
55

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$529,561
Total Directors
28
$0
Key Employees
1
$179,100
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DEVAN PRESIDENT UNTIL 5/31/24 60.00
Officer
$329,209 $36,879 $366,088
ANTHONY ROTH COSTANZO PRESIDENT FROM 6/1/24 60.00
Officer
$159,583 $3,890 $163,473
DAVID LEVY SVP OF ARTISTIC OPERA 60.00
Key Emp
$169,950 $9,150 $179,100
IRMAJEANNE RANGE VP OF DEVELOPMENT 60.00
Highest
$137,192 $14,328 $151,520
DERRELL ACON VP OF PEOPLE OPERATIONS & 60.00
Highest
$141,389 $9,735 $151,124
VERONICA S CHAPMAN-SMITH VP OF COMMUNITY INITIATIVE 60.00
Highest
$141,110 $7,533 $148,643
REBECCA MIRIAM ACKERMAN SR DIR OF DEVELOPMENT 60.00
Highest
$114,994 $14,049 $129,043
DERREN A MANGUM DIR OF INSTITUTIONAL GIVIN 60.00
Highest
$102,000 $5,708 $107,708
PETER LEONE CHAIR 3.00
Officer Director
$0 $0 $0
WILLO CAREY VICE CHAIR 3.00
Officer Director
$0 $0 $0
CHARLES C FREYER VICE CHAIR 3.00
Officer Director
$0 $0 $0
THOMAS MAHONEY TREASURER 3.00
Officer Director
$0 $0 $0
IRA BRIND DIRECTOR 3.00
Director
$0 $0 $0
LARRY BROWNLEE DIRECTOR 3.00
Director
$0 $0 $0
KATHERINE CHRISTIANO DIRECTOR 3.00
Director
$0 $0 $0
WILLIAM DUNBAR DIRECTOR 3.00
Director
$0 $0 $0
DAVID FERGUSON DIRECTOR 3.00
Director
$0 $0 $0
DEENA GU LATIES DIRECTOR 3.00
Director
$0 $0 $0
ALEXANDER HANKIN DIRECTOR 3.00
Director
$0 $0 $0
JOHN KARAMATSOUKAS DIRECTOR 3.00
Director
$0 $0 $0
STEPHEN KLASKO DIRECTOR 3.00
Director
$0 $0 $0
BEVERLY LANGE DIRECTOR 3.00
Director
$0 $0 $0
DAVID LOW DIRECTOR 3.00
Director
$0 $0 $0
SARAH MARSHALL DIRECTOR 3.00
Director
$0 $0 $0
TANEISE S MARSHALL DIRECTOR 3.00
Director
$0 $0 $0
AGNES MULRONEY DIRECTOR 3.00
Director
$0 $0 $0
COLLEEN O'RIORDAN DIRECTOR 3.00
Director
$0 $0 $0
STEPHEN PESNER DIRECTOR 3.00
Director
$0 $0 $0
NABILA SAJID DIRECTOR 3.00
Director
$0 $0 $0
NANCY SANDERS DIRECTOR 3.00
Director
$0 $0 $0
BOB SCHENA DIRECTOR 3.00
Director
$0 $0 $0
CAROLYN SEIDLE DIRECTOR 3.00
Director
$0 $0 $0
BARBARA TEICHERT DIRECTOR 3.00
Director
$0 $0 $0
LISA WASHINGTON DIRECTOR 3.00
Director
$0 $0 $0
KATHLEEN WEIR DIRECTOR 3.00
Director
$0 $0 $0
YUEYI ZHOU DIRECTOR 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,087,384 $11,367,839 $6,428,122 $-280,455
2024 $9,367,212 $11,583,520 $7,275,973 $-2,216,308
2023 $9,534,659 $11,912,697 $9,340,807 $-2,378,038
2022 $11,047,971 $9,604,314 $10,821,353 $1,443,657
2021 $7,077,421 $7,649,967 $9,711,228 $-572,546
2020 $14,393,165 $11,505,746 $10,547,341 $2,887,419
2019 $14,831,681 $15,440,777 $10,007,372 $-609,096
2018 $17,685,641 $17,682,424 $10,318,421 $3,217
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