OPERA MONTANA

EIN: 810382552 501(c)(3) Arts, Culture & Humanities

BOZEMAN, MT

Total Revenue
$1,719,041
Total Expenses
$1,003,511
Total Assets
$1,136,575
Net Assets
$1,035,426
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MT
Principal Officer
COREY GETCHELL
Phone
4065872889
Tax Period
2024-07-01 to 2025-06-30

OPERA MONTANA, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $716K, a strong 42% operating margin.

Mission

OPERA MONTANA INSPIRES AND CREATES COMMUNITY THROUGH WORLD CLASS OPERA, MUSICAL THEATER, AND EDUCATIONAL ENGAGEMENT.

Program Service Accomplishments

Program 1
Expenses: $685,959

Opera Montana inspires and creates community and collaboration through world-class opera, musical theater, and educational engagement. As a mission-driven organization, we view the arts as a means by...

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Opera Montana inspires and creates community and collaboration through world-class opera, musical theater, and educational engagement. As a mission-driven organization, we view the arts as a means by which we can be of service to our community, which extends to the entire state of Montana. In addition to being the standard-bearers for the art form as the only independently operating professional opera company in the state, we also recognize common needs of communities across Montana, including music education, Veterans services, Indigenous representation in the arts, and accessibility to the performing arts, both from a geographic and economic standpoint. As one of the highest-ranking states for the Veteran share of the adult population, Montana has a need for a diversity of Veterans services, including those that are based in music and art. Through our work with Veterans organizations, we have discovered that many Veterans describe missing the presence of art and music in their lives during and after their service, and that these can be powerful tools for healing and creating lasting relationships. We are now discussing with our local Veteran partners the goal of expanding this aspect of our programming to reach statewide. Testimonials from Veterans Chorus members show that this program has a positive impact on Veterans in our community, and we aim to offer these services more widely, in addition to growing the Chorus in the Gallatin Valley and continuing to work with the American Legion Gallatin Post #14, the Vietnam Veterans Association Chapter #788, and other local partners. Nationally, there is a lack of Indigenous representation in classical music, particularly opera, and Montana is no different. At Opera Montana we recognize that we have a responsibility as an organization to support Indigenous artists through our operations, education, and programming.Wheels of Harmony brings Indigenous opera singers and musicians to schools in rural and Tribal communities across Montana, to share cultural and musical education, stories, and inspiration for Montana students to participate in the arts. We have received feedback from young Native students that it was impactful to see professional opera singers and musicians who are also Native. We are continuing to grow Wheels of Harmony in collaboration with cultural and educational consultants and the new Operations and Education position dedicated to managing the program.We are working to make our local performances accessible to a wider population, both geographically and economically. In 2023, we launched Opera For All, a program that offers a set number of free tickets to each of our mainstage productions, no questions asked. We had several patrons tell us that they would not have been able to attend the performances without this program. We worked with local hotels to offer discounts on nightly stays during the runs of our shows for people traveling long distances. We are continuing these accessibility efforts in future seasons.In reference to Part I Summary - Revenue and Expenses.Because we use accrual based accounting and are currently in the midst of a capital campaign, revenues reflect multi-year pledges towards campaign priorities including the commissioning of a new opera based on Norman Maclean's beloved novella, "A River Runs Through It". Due to this project, expenses are much higher than previous years as well.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,387,481
Program Service Revenue $269,237
Investment Income $36,697
Other Revenue $25,626
TOTAL REVENUE $1,719,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,367
Fundraising Expenses $184,022
Program Expenses $685,959
Other Expenses $780,144
TOTAL EXPENSES $1,003,511

Year-over-Year Comparison

2024 2023 Change
Revenue $1,719,041 $760,013 +1.3%
Expenses $1,003,511 $745,492 +0.3%
Net Income $715,530 $14,521 +48.3%
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
10
Independent Members
10
Employees
4
Volunteers
225

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
5
$78,540
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN MILLER Executive Dir. 40.00
Officer
$78,540 $0 $78,540
DIANE BRAWNER Secretary 3.00
Officer Director
$0 $0 $0
BETH ANN KENNEDY Board Member 3.00
Director
$0 $0 $0
COREY GETCHELL Treasurer 3.00
Officer Director
$0 $0 $0
DOUG BADENOCH President 5.00
Officer Director
$0 $0 $0
JOE SCHUMACHER Vice President 3.00
Officer Director
$0 $0 $0
DR WALTER FLEMING Board Member 3.00
Director
$0 $0 $0
JOHN KAUFFMAN Board Member 3.00
Director
$0 $0 $0
YETTA STEIN Board Member 3.00
Director
$0 $0 $0
SALLY O'NEILL Board Member 3.00
Director
$0 $0 $0
JOSHUA COTA Board Member 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 $1,719,041 $1,003,511 $1,136,575 $715,530
2024 $760,013 $745,492 $427,262 $14,521
2023 $677,801 $687,113 $320,358 $-9,312
2022 $421,090 $529,303 $267,874 $-108,213
2021 $309,633 $177,915 $402,541 $131,718
2020 $402,870 $432,086 $256,911 $-29,216
2019 $536,651 $523,428 $292,052 $13,223
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