Nonprofit · EIN 59-1060864
PALM BEACH OPERA INC
Tax-exempt · WEST PALM BCH, FL 33407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $7,309,161 | $6,340,150 | $969,011 | $9,526,361 | $1,449,857 | $8,076,504 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $4,966,936
- of which government grants
- $290,399
- Program service revenue
- $1,689,413
- Investment income
- $96,884
- Net income from fundraising events
- $555,928
- Other revenue
- $555,928
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $3,398,902
- Salaries, compensation and benefits (total)
- $3,688,563
- Professional fundraising fees
- $0
- Occupancy
- $70,938
- Travel
- $147,179
- Depreciation
- $118,985
- Program services (functional)
- $4,837,493
- Management and general (functional)
- $1,075,792
- Fundraising (functional)
- $426,865
Balance sheet and other
- Total assets, start of year
- $8,896,968
- Total assets, end of year
- $9,526,361
- Total liabilities, end of year
- $1,449,857
- Net assets, end of year
- $8,076,504
- Land, buildings and equipment
- $3,963,208
- Net assets without donor restrictions
- $4,268,856
- Net assets with donor restrictions
- $3,807,648
- Gross receipts
- $8,028,642
- Employees
- 306
- Volunteers
- 15
- Year formed
- 1962
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID WALKER | FORMER DIREC Former | – | $213,182 | $8,387 |
| JAMES BARBATO | GENERAL DIRE Key employee | – | $164,166 | $9,354 |
| MR DAVID GENSER | CHAIRMAN Officer | – | $0 | $0 |
| MR DENNIS K WILLIAMS | PRESIDENT Officer | – | $0 | $0 |
| MRS INGRID KOSOWSKY | SECRETARY Officer | – | $0 | $0 |
| MR DAVID BRODSKY | TREASURER Officer | – | $0 | $0 |
| MR WILLIAM G BROWN | VICE PRESIDE Officer | – | $0 | $0 |
| DR ROBERT DESNICK | VICE PRESIDE Officer | – | $0 | $0 |
| MR SANFORD FISHER | VICE PRESIDE Officer | – | $0 | $0 |
| MRS JUDITH KAUFMAN | PHILANTHROPY Officer | – | $0 | $0 |
| DR MARSHA LAUFER | YOUNG ARTIST Officer | – | $0 | $0 |
| MRS JACQUELINE MCCABE | GOVERNANCE C Officer | – | $0 | $0 |
| MRS ARI RIFKIN | VICE PRESIDE Officer | – | $0 | $0 |
| MR STEVE ACUNTO | DIRECTOR Trustee or director | – | $0 | $0 |
| MR SANFORD M BAKLOR | DIRECTOR Trustee or director | – | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR ROBERT BISCUP | DIRECTOR Trustee or director | – | $0 |
| MRS ERIKA FRANKE BROWN | DIRECTOR Trustee or director | – | $0 |
| MRS PATRICIA FALKENBERG | DIRECTOR Trustee or director | – | $0 |
| MRS ANN FROMER | DIRECTOR Trustee or director | – | $0 |
| MR CHARLES GOTTESMAN | DIRECTOR Trustee or director | – | $0 |
| MR PETER A HOFFMAN | DIRECTOR Trustee or director | – | $0 |
| MR ROBERT IOMMAZZO | DIRECTOR Trustee or director | – | $0 |
| MRS PAULETTE KOCH | DIRECTOR Trustee or director | – | $0 |
| MR TODD LAZENBY | DIRECTOR Trustee or director | – | $0 |
| DR PETER MCCOMBS | DIRECTOR Trustee or director | – | $0 |
| DR DONNA KESSELMAN RAGGIO | DIRECTOR Trustee or director | – | $0 |
| MR MARC S SOLOMON | DIRECTOR Trustee or director | – | $0 |
| MRS ANNE STERNLICHT | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 425 24TH ST, WEST PALM BCH, FL 33407-5401
- Principal officer (990 for 2024)
- JAMES BARBATO, 425 24TH ST, WEST PALM BEACH, FL 33407
- Signed the 990
- JAMES BARBATO, GENERAL DIRECTOR
- Phone
- (561) 833-7888
- Return prepared by
- HAFER LLC
Mission
PALM BEACH OPERA IS DEDICATED TO PRODUCING LIVE OPERA AT AN INTERNATIONAL STANDARD OF EXCELLENCE, ENRICHING THE LIVES OF THE COMMUNITIES IT SERVES WITH A DIVERSE OFFERING OF EDUCATIONAL PROGRAMS, AND TO TRAINING THE NEXT GENERATION OF OPERA STARS.
Program accomplishments
- PBO'S CORE PROGRAMS ARE FULLY STAGED WORLD-CLASS OPERA PRODUCTIONS FEATURING INTERNATIONALLY ACCLAIMED SOLOISTS, CONDUCTORS, DIRECTORS, AND DESIGNERS, AS WELL AS A PROFESSIONAL ORCHESTRA, CHORUS, AND STAGE CREW. PBO ATTRACTS A DIVERSE AUDIENCE OF OVER 20,000 OPERA LOVERS AND MAKES A SIGNIFICANT CONTRIBUTION TO THE ECONOMIC HEALTH AND SOCIAL VITALITY OF PALM BEACH COUNTY. THIS YEAR, THE OPERA PRODUCED THREE MAIN STAGE OPERAS: ROMEO ET JULIETTE, LA TRAVIATA, AND THE MARRIAGE OF FIGARO. THE ANNUAL FUNDRAISING GALA FEATURED INTERNATIONALLY RENOWNED SOPRANO ANNA NETREBKO.Expenses $4,128,244 · revenue $1,582,049
- PBO OFFERS THREE ARTIST TRAINING PROGRAMS. THE PBO STUDIO PROGRAM IS FREE TO HIGH SCHOOL STUDENTS WHO WISH TO RECEIVE TRAINING AND PREPARATION FOR A FUTURE COLLEGE DEGREE IN THE VOCAL ARTS. APPRENTICE ARTISTS ARE EMERGING POST-GRADUATE SINGERS WHO PERFORM IN THE COMPANY'S EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS (SEE BELOW), AND SING IN THE CHORUS THROUGHOUT THE SEASON TO GAIN STAGE EXPERIENCE. LAUFER YOUNG ARTISTS ARE MORE ADVANCED SINGERS WHO COVER LEAD ROLES AND SING SMALLER ROLES FOR THE MAINSTAGE PRODUCTIONS. SINGERS IN EACH PROGRAM PERFORM FREQUENT CONCERTS AND RECEIVE VOCAL, MUSICAL, DICTION, AND DRAMATIC TRAINING THROUGH MASTERCLASSES AND COACHING.Expenses $551,701 · revenue $63,695
- PBO'S EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS ARE DELIVERED TO A BROAD SEGMENT OF THE COMMUNITY THROUGH FREE PRESENTATIONS AND ACTIVITIES DESIGNED TO BROADEN AWARENESS AND ENTHUSIASM FOR OPERA, FOR PEOPLE OF ALL AGES. PROGRAMS SUCH AS CONCERTS IN THE CLASSROOM, STORYTIME SERIES, OPERA REHEARSAL 101, OPERA IMMERSION PROGRAM WITH THE BOYS & GIRLS CLUB, ANIMA, AND CONVERSATIONS SERIES PROVIDE A DEEPER APPRECIATION OF THE OPERA ART FORM TO MORE THAN 7,000 INDIVIDUALS ANNUALLY, INCLUDING OVER 6,000 LOCAL CHILDREN WHILE PROVIDING SUPPLEMENTARY EDUCATIONAL MATERIALS FOR EDUCATORS THAT FIT STATE ACADEMIC STANDARDS.Expenses $157,548 · revenue $43,669
- ALL OTHER PROGRAMS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 59-1060864
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A6A0)
- Assets (IRS master file)
- $9,526,361
- Income (IRS master file)
- $8,028,642
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | – | – | – | IRS |
| 990 | May 2024 | – | – | – | IRS |
| 990 | May 2023 | $4,224,318 | $5,741,904 | $10,212,309 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about PALM BEACH OPERA INC
- What is the EIN of PALM BEACH OPERA INC?
- The employer identification number (EIN) of PALM BEACH OPERA INC is 59-1060864.
- Is PALM BEACH OPERA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to PALM BEACH OPERA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALM BEACH OPERA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PALM BEACH OPERA INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALM BEACH OPERA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of PALM BEACH OPERA INC?
- The 990 for the year ended May 31, 2025 names JAMES BARBATO.
- Who are the officers and directors of PALM BEACH OPERA INC?
- The 990 for the year ended May 31, 2025 lists 28 people; 2 received compensation from the organization, the highest $213,182 (DAVID WALKER, FORMER DIREC).
- How much revenue does PALM BEACH OPERA INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $7,309,161, expenses of $6,340,150 and total assets of $9,526,361 at year end.
Other nonprofits in WEST PALM BCH
- RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC EIN 59-2245054 · last filed 990 for 2025
- NORTON MUSEUM OF ART INC EIN 59-0624432 · last filed 990 for 2025
- COX SCIENCE CENTER AND AQUARIUM INC EIN 59-0915177 · last filed 990 for 2025
- CENTER FOR CREATIVE EDUCATION EIN 65-0594599 · last filed 990 for 2025
- PALM BEACH DRAMAWORKS INC EIN 65-1040048 · last filed 990 for 2025
- THE PALM BEACH SYMPHONY SOCIETY INC EIN 59-1542539 · last filed 990 for 2025
- THE ARMORY ART CENTER INC EIN 59-2808612 · last filed 990 for 2025
- HISTORICAL SOCIETY OF PALM BEACH COUNTY EIN 59-6158821 · last filed 990 for 2025
All nonprofits in WEST PALM BCH · Florida · Arts, culture and humanities