GREENSBORO OPERA COMPANY

EIN: 581379465 501(c)(3) Arts, Culture & Humanities

GREENSBORO, NC

Total Revenue
$165,945
Total Expenses
$257,025
Total Assets
$290,997
Net Assets
$287,756
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NC
Principal Officer
BARBARA ANN PETERS
Phone
3362739472
Tax Period
2024-04-01 to 2025-03-31

GREENSBORO OPERA COMPANY, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $166K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $257K exceeded revenue, resulting in a 55% operating deficit.

Mission

GREENSBORO OPERA IS A COMMUNITY-BASED COMPANY DEDICATED TO FOSTERING THE GROWTH OF OPERA AND TO PRESENTING PROFESSIONAL PRODUCTIONS OF THE HIGHEST ARTISTIC CALIBER FOR THE ENJOYMENT, EDUCATION, AND ENRICHMENT OF THE TRIAD REGION OF NORTH CAROLINA.

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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 $111,076
Program Service Revenue $45,157
Investment Income $9,712
Other Revenue $0
TOTAL REVENUE $165,945

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,794
Fundraising Expenses $0
Program Expenses $257,025
Other Expenses $178,231
TOTAL EXPENSES $257,025

Year-over-Year Comparison

2024 2023 Change
Revenue $165,945 $391,921 -0.6%
Expenses $257,025 $354,592 -0.3%
Net Income $-91,080 $37,329 -3.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
28
Employees
3
Volunteers
N/A

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
11
$0
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA ANN PETERS PRESIDENT 0.00
Officer Director
$0 $0 $0
PAM CASH PAST PRESIDENT VP PERSONNEL 0.00
Officer Director
$0 $0 $0
TOM WRIGHT TREASURER VP FINANCELEGAL 0.00
Officer Director
$0 $0 $0
JENNIFER BRYANT PEDERSEN RECORDING SECRETARY 0.00
Officer Director
$0 $0 $0
GARRETT SAAKE VP ARTISTIC ADVISORY 0.00
Officer Director
$0 $0 $0
NANCY SANQUIST VP DEVELOPMENT 0.00
Officer Director
$0 $0 $0
HALLIE HOGAN VP EDUCATION 0.00
Officer Director
$0 $0 $0
CLIFF BRIDGES VP MARKETINGCOMMUNICATIONS 0.00
Officer Director
$0 $0 $0
BEN MCINDOE VP NOMINATING 0.00
Officer Director
$0 $0 $0
CHANNELLE JAMES VP SOCIAL JUSTICE 0.00
Officer Director
$0 $0 $0
SHAYLA SHARPE VP SPECIAL EVENTS 0.00
Officer Director
$0 $0 $0
TRAVIS ALEXANDER TRUSTEE 0.00
Director
$0 $0 $0
BILL ALLRED TRUSTEE 0.00
Director
$0 $0 $0
STEVE BINGHAM TRUSTEE 0.00
Director
$0 $0 $0
DEBORAH BOWERS TRUSTEE 0.00
Director
$0 $0 $0
ODELL CLEVELAND TRUSTEE 0.00
Director
$0 $0 $0
KEITH CUSHMAN TRUSTEE 0.00
Director
$0 $0 $0
LENNY SUE FRENCH TRUSTEE 0.00
Director
$0 $0 $0
DAVID KARPOOK TRUSTEE 0.00
Director
$0 $0 $0
GENE KLANN TRUSTEE 0.00
Director
$0 $0 $0
GERALD KNIGHT TRUSTEE 0.00
Director
$0 $0 $0
ROBERTA LAWS TRUSTEE 0.00
Director
$0 $0 $0
NICK LINDSAY TRUSTEE 0.00
Director
$0 $0 $0
CLYDE NOLAN TRUSTEE 0.00
Director
$0 $0 $0
JOHN PALMER TRUSTEE 0.00
Director
$0 $0 $0
JAMES RUSHE TRUSTEE 0.00
Director
$0 $0 $0
JACLYN SURSO TRUSTEE 0.00
Director
$0 $0 $0
MATTHEW TROY TRUSTEE 0.00
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 $165,945 $257,025 $290,997 $-91,080
2024 $391,921 $354,592 $381,165 $37,329
2023 $211,283 $359,953 $346,991 $-148,670
2022 $836,842 $606,997 $506,881 $229,845
2021 $203,433 $153,023 $269,416 $50,410
2020 $350,288 $272,110 $212,629 $78,178
2019 $305,577 $302,116 $138,861 $3,461
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