FLORIDA GRAND OPERA INC

EIN: 650496477 501(c)(3) Arts, Culture & Humanities

MIAMI, FL

Total Revenue
$415,034
Total Expenses
$252,724
Total Assets
$9,151,168
Net Assets
$7,920,830
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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
FL
Phone
3057911189
Tax Period
2024-06-01 to 2025-05-31

FLORIDA GRAND OPERA INC, founded in 1949, is a small nonprofit in the Arts, Culture & Humanities sector that reported $415K in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 39% operating margin.

Mission

THE MISSION OF FLORIDA GRAND OPERA IS TO ENRICH PEOPLE'S LIVES THROUGH AN AWARENESS AND DEEPER APPRECIATION OF OPERA WHILE SUPPORTING THE OPERATIONS OF THE GREATER MIAMI OPERA AND THE OPERA GUILD, INC. BY EXPANDING ITS REACH TO DIVERSE COMMUNITIES THROUGHOUT MIAMI AND FORT LAUDERALE AND WIDER AUDIENCES ABROAD CREATING A CULTURAL DESTINATION. TO ACCOMPLISH OUR MISSION, WE PRODUCE WORLD-CLASS OPERA, WE CHAMPION NEW WORKS, WE BUILD NEW AUDIENCES, WE EDUCATE AND ENGAGE OUR COMMUNITY, AND WE NURTURE THE FINEST OPERA ARTISTS, ARTISANS, AND ADMINISTRATORS OF EACH GENERATION. BY DOING SO, WE STRENGTHEN THE CULTURAL AND ECONOMIC VITALITY OF THE SOUTH FLORIDA COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $3,698 Revenue: $8,423

SUPPORTED THE OPERATIONS OF THE GREATER MIAMI OPERA, INC. AND THE OPERA GUILD, INC. IN THE PRODUCTION AND PRESENTATION OF OPERAS IN THEIR ORIGINAL LANGUAGES TO THE PUBLIC. OVER 23,000 PEOPLE...

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SUPPORTED THE OPERATIONS OF THE GREATER MIAMI OPERA, INC. AND THE OPERA GUILD, INC. IN THE PRODUCTION AND PRESENTATION OF OPERAS IN THEIR ORIGINAL LANGUAGES TO THE PUBLIC. OVER 23,000 PEOPLE BENEFITED FROM THE PRODUCTIONS HELD IN THE 2025/2026 SEASON. STUDIO ARTIST PROGRAM - FOUNDED IN 1984, FO'S STUDIO ARTIST ("SA") PROGRAM HAS GAINED WORLDWIDE RECOGNITION AS ONE OF THE LEADING OPERATIC TRAINING PROGRAMS IN THE UNITED STATES. THE SA PROGRAM IS DESIGNED FOR ARTISTS WHO HAVE COMPLETED ADVANCED DEGREES FROM THE TOP MUSIC SCHOOLS IN THE COUNTRY, AND HAVE OFTEN PARTICIPATED IN OTHER YEARLONG RESIDENCY PROGRAMS. THE PROGRAM NOT ONLY EXISTS TO PROVIDE THE HIGHEST CALIBER TRAINING FOR YOUNG OPERA SINGERS BUT ALSO SERVES AS AN INVALUABLE COMMUNITY LIAISON FOR FGO; PRESENTING A VAST NUMBER OF OUTREACH AND EDUCATION EVENTS THROUGHOUT SOUTH FLORIDA, BRINGING OPERA TO NEW AND DIVERSE AUDIENCES THROUGHOUT THE REGION. OUTREACH AND EDUCATION - FGO'S PRESENTS MORE THAN 70 PROGRAMS EACH YEAR BASED IN THE COMMUNITY. THIS INCLUDES BUT IS NOT LIMITED TO FREE CONCERTS FOR THE GENERAL PUBLIC AND WORKING WITH CHILDREN OF VARIOUS BACKGROUNDS. PROJECT ACTIVITIES WILL INCLUDE AN INTRODUCTION TO OPERA, VOCAL/MUSICAL ELEMENTS, PRODUCTION ELEMENTS, AND LIVE OPERA EXPERIENCES.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $803,276
Program Service Revenue $8,423
Investment Income $13,694
Other Revenue $-410,359
TOTAL REVENUE $415,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,583
Fundraising Expenses $76,427
Program Expenses $3,698
Other Expenses $124,141
TOTAL EXPENSES $252,724

Year-over-Year Comparison

2024 2023 Change
Revenue $415,034 $225,354 +0.8%
Expenses $252,724 $239,974 +0.1%
Net Income $162,310 $-14,620 -12.1%
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
23
Independent Members
19
Employees
289
Volunteers
200

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
$405,819
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY KAMIN SECRETARY/DIRECTOR 0.2
Officer Director
$0 $0 $0
ROBERT B GLICK CPA TREASURER/DIRECTOR 0.2
Officer Director
$0 $0 $0
TINA VIDAL-DUART CHAIR/DIRECTOR 0.2
Officer Director
$0 $0 $0
ANDREY ILYASOV DIRECTOR 0.2
Director
$0 $0 $0
ARLENE H MENDELSON DIRECTOR 0.2
Director
$0 $0 $0
CHANG OH TURKMANI DIRECTOR 0.2
Director
$0 $0 $0
DR CLAES WAHLESTEDT DIRECTOR 0.2
Director
$0 $0 $0
ELLIOT KROWE DIRECTOR (AS OF 05/2025) 0.2
Director
$0 $0 $0
FIDELMA FARINAS-COBAS DIRECTOR (AS OF 09/2024) 0.2
Director
$0 $0 $0
GIACOMO BOSSA DIRECTOR 0.2
Director
$0 $0 $0
JOHN KEELER DIRECTOR (AS OF 03/2025) 0.2
Director
$0 $0 $0
JOSEPH GULINO DIRECTOR (AS OF 09/2024) 0.2
Director
$0 $0 $0
MARCELO DE SANTIS DIRECTOR (AS OF 05/2025) 0.2
Director
$0 $0 $0
NANCY JEAN DAVIS DIRECTOR 0.2
Director
$0 $0 $0
NARENDRA KINI DIRECTOR (AS OF 05/2025) 0.2
Director
$0 $0 $0
PATRICE TEDESKO DIRECTOR 0.2
Director
$0 $0 $0
PATRICIA GUINN DIRECTOR (AS OF 05/2025) 0.2
Director
$0 $0 $0
PER LOOF DIRECTOR/CHAIR EMERITUS 0.2
Director
$0 $0 $0
RADMILA LOLLY DIRECTOR 0.2
Director
$0 $0 $0
ROBERT C GANG ESQ DIRECTOR 0.2
Director
$0 $0 $0
ROBERT DINERSTEIN DIRECTOR 0.2
Director
$0 $0 $0
SANDRA SAVINI DIRECTOR 0.2
Director
$0 $0 $0
THOMAS HEISLER DIRECTOR (THRU 02/2025) 0.2
Director
$0 $0 $0
VICTOR H MENDELSON DIRECTOR 0.2
Director
$0 $0 $0
MARIA TODARO GENERAL DIRECTOR AND CEO (AS OF 06/2024) 38.0
Officer
$166,212 $10,539 $176,751
SUSANA DIAZ DIRECTOR OF FINANCE 38.0
Officer
$105,724 $11,303 $117,027
TANYA BYNG CHIEF ADVANCEMENT OFFICER (THRU 02/2025) 38.0
Officer
$102,480 $9,561 $112,041
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 $415,034 $252,724 $9,151,168 $162,310
2024 $225,354 $239,974 $8,567,957 $-14,620
2023 $249,420 $230,047 $8,715,175 $19,373
2022 $5,233,007 $1,900,776 $7,700,234 $3,332,231
2021 $1,122,319 $1,031,689 $7,717,925 $90,630
2020 $3,319,117 $1,910,077 $7,503,042 $1,409,040
2019 $2,251,284 $4,418,144 $11,977,797 $-2,166,860
2018 $2,978,731 $4,396,672 $11,965,308 $-1,417,941
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