Opera Memphis Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF OPERA MEMPHIS IS TO ENTERTAIN AND INSPIRE THE PEOPLE OF MEMPHIS AND THE MID-SOUTH THROUGH THE ART OF OPERA.
- Income
- $1.2 million
- Spending
- $1.5 million
- Spent on programs
- 78%
- Reserves
- 31 months of spending
- Largest source of income
- donations and private grants, 73%
- Employees
- 10
- Volunteers
- 72
- Highest pay
- $118,134, general director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 67% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 31.0 months of spending.
Debt
20 of 20It owes 7% of what it owns.
Living within its means
0 of 15Spending exceeded income by 31% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 47% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2523 of 23 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.2 million spent. OUR MASTERWORKS PRODUCTIONS FOCUS ON WORKS FROM THE TRADITIONAL OPERATIC CANON. THEY FEATURE WORLD-CLASS PERFORMERS, THE MEMPHIS SYMPHONY ORCHESTRA, AND OTHER LOCAL PERFORMING ARTS GROUPS.OUR KEYNOTE PROGRAM IS 30 DAYS OF OPERA, A MONTH-LONG EVENT THAT INTRODUCES OPERA INTO THE EVERYDAY ROUTINES OF MEMPHIANS. EACH SEASON, #30DAYS PRESENTS OVER 50 FREE EVENTS IN OVER 40 LOCATIONS, REACHING AN AVERAGE OF OVER 30,000 INDIVIDUALS, WITH PERFORMANCES IN EVERY ZIP CODE IN MEMPHIS.WE ALSO OFFER A VARIETY OF EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR, WHICH IN PRE-PANDEMIC YEARS REACHED OVER 17,000 CHILDREN AND ADULTS ANNUALLY. THESE ACTIVITIES, WHICH ARE SLOWLY BEING RESTORED POST-PANDEMIC INCLUDE PERFORMANCES AT MORE THAN 100 LOCAL SCHOOLS, HOSPITALS, AND COMMUNITY ORGANIZATIONS. THE HANDORF COMPANY ARTIST PROGRAM PROVIDES CAREER-BUILDING EXPERIENCES TO EMERGING SINGERS THROUGH ROBUST PERFORMANCE OPPORTUNITIES AND PERSONALIZED GOALS WHILE PROVIDING THE TOOLS AND ENTREPRENEURIAL MINDSET NECESSARY FOR CITIZEN-ARTISTS TO CHAMPION OPERA IN THE 21ST CENTURY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1958.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.