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Nonprofit · EIN 75-1943679

PERMIAN BASIN OPERA

Tax-exempt · MIDLAND, TX 79710

Financials

$69K$121K2023$53K$53K2024
Revenue Expenses · by fiscal year end
Financials of PERMIAN BASIN OPERA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$52,750$53,015-$265$11,608–$11,608
December 31, 2023990-EZ$69,216$121,164-$51,948$11,873–$11,873
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$47,422
Program service revenue
$5,328

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,075
Occupancy
$1,000
Other expenses
$49,940
Program services (functional)
$33,052

Balance sheet and other

Total assets, start of year
$11,873
Total assets, end of year
$11,608
Total liabilities, end of year
–
Net assets, end of year
$11,608
Cash, savings and investments
$2,688
Gross receipts
$52,750

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JACLYN WOOLFDirector1$0
DR KATIE OSUAMKPEPresident1$0
DR PATRICIA HUGHESPresident-ELECT1$0
JIM CAMPSecretary1$0
LUANN LANEDirector1$0
MARK WATTTreasurer1$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
SARAH JONESExecutive Dir.20$20,833
CHRIS VAUGHTDirector1$0
GABRIEL SALGADOPresident1$0
JIM CAMPSecretary1$0
LIZETTE RODRIGUEZDirector1$0
KATIE OSUAMPKEVP/TREASURER1$0
LUANN LANEDirector1$0
DR PATRICIA HUGHESDirector1$0
JOSE SOSADirector1$0
LAURA URQUIETADirector1$0

Address and contacts

Address (IRS master file)
PO BOX 51673, MIDLAND, TX 79710-1673
Signed the 990-EZ
KATIE OSUAMPKE, President
Phone
(432) 688-7777
Return prepared by
C Marc Martin CPA

Mission

AT PERMIAN BASIN OPERA, WE ARE DEDICATED TO BRINGING THE TRANSFORMATIVE POWER OF OPERA TO OUR COMMUNITY.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • OPERA LIVE - YEARLY PRODUCTIONS THAT BRING QUALITY PERFORMANCES FOR THE GENERAL PUBLIC. THESE PRODUCTIONS PROVIDE PROGRAMMING FOR CHILDREN AND FAMILIES THAT ARE EITHER MINORITIES OR HAVE A LOW SOCIO-ECONOMIC STATUS.OPERA IN THE SCHOOLS - EDUCATIONAL PROGRAMMING THAT SHOWCASES STUDENTS ATTENDING UNIVERSITY FOR PERFORMING ARTS PUTTING ON A PRODUCTION FOR ELEMENTARY AGE STUDENTS IN MIDLAND.YOUTH MENTOR PROGRAM - MONTHLY CLASSES FOR JUNIOR AND HIGH SCHOOL STUDENTS INTERESTED IN ATTENDING UNIVERSITY AND HAVING EVENTUAL CAREERS IN THE PERFORMING ARTS. THIS PROGRAM PROVIDES VALUABLE TRAINING TO PREPARE THE STUDENTS FOR WHAT TO EXPECT IN THEIR FUTURES.OPERA 101 - WEEKLY COURSES HELD AT MIDLAND COLLEGE AS A FURTHERING EDUCATION CLASS THAT TEACHES OPERA HISTORY.
    Expenses $33,052

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
75-1943679
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
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,608
Income (IRS master file)
$52,750

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–––IRS
990-EZDecember 2023–––IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 PERMIAN BASIN OPERA

What is the EIN of PERMIAN BASIN OPERA?
The employer identification number (EIN) of PERMIAN BASIN OPERA is 75-1943679.
Is PERMIAN BASIN OPERA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to PERMIAN BASIN OPERA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PERMIAN BASIN OPERA 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 PERMIAN BASIN OPERA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PERMIAN BASIN OPERA last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of PERMIAN BASIN OPERA?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does PERMIAN BASIN OPERA have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $52,750, expenses of $53,015 and total assets of $11,608 at year end.

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