Metropolitan Opera Association Inc
85% goes to programs $10 to raise $100 Strong reserves Growing revenue
Metropolitan Opera Association Inc is a 501(c)(3) organization based in New York, New York, registered in 1940, with $283,987,551 in FY2023 revenue. CharityIndex grades it B+, and it directs about 85% of spending to programs.
30 Lincoln Center Plaza, New York, NY, 10023 EIN 13-1624087 Since 1940
Revenue (FY2023)
$284.0M
▼ 6.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$331.0M
Net assets
$180.2M
Employees
5,417
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating85% to programs · $10 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Metropolitan Opera Association Inc: 85% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating7 mo reserves · -17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Metropolitan Opera Association Inc: 7 mo reserves · -17% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Metropolitan Opera Association Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Metropolitan Opera Association Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Performance of opera to the public.
What they do
Media presentation of opera performances, live performances broadcast in high definition to movie theaters throughout the world, domestic and international live audio transmissions of performances on radio and the met's website. past performances broadcast on television, radio stations and the internet globally. media presentations reached an audience of approximately 10 million.
Presentation of events other than opera where the met either presents or co-presents the event or licenses the opera house to third parties. the attendance at these events, principally ballet, was approximately 106,000 people per year.
Other program activities including merchandising, development of young artists through the lindemann young artist development program, and the laffont competition and concert.
Contact & location
- Address
- 30 Lincoln Center Plaza, New York, NY, 10023
- City
- New York
- State
- New York
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $288.1M (FY2013) to $284.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $286.5MNet assets $180.2M
Operating margin
-16.5%
Spent more than it raised in the latest fiscal year.
Total assets
$466.6M
Total liabilities
$286.5M
Net assets
$180.2M
Salaries & benefits
$239.9M
72% of expenses
Board members
46
45 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $283,987,551▼6.3% | $330,977,035▼0.4% | $180,188,517▼17.7% | $466,642,122▼7.9% | 990 |
| 2022 | $303,083,984▲7.6% | $332,251,527▲5.4% | $218,963,361▼5.7% | $506,459,983▼5.6% | 990 |
| 2021 | $281,587,346▲72.0% | $315,097,144▲139% | $232,234,360▼3.4% | $536,228,393▼7.3% | 990 |
| 2020 | $163,754,215▼44.4% | $131,985,656▼49.9% | $240,428,745▲209% | $578,246,419▲19.8% | 990 |
| 2019 | $294,500,510▼4.2% | $263,340,363▼16.0% | $77,812,364▼24.4% | $482,752,126▲6.7% | 990 |
| 2018 | $307,487,383▼1.6% | $313,427,156▲6.3% | $102,908,471▼30.4% | $452,397,815▲2.4% | 990 |
| 2017 | $312,500,724▲1.0% | $294,826,839▼1.2% | $147,938,422▲8.6% | $441,976,991▲3.5% | 990 |
| 2016 | $309,473,256▲15.6% | $298,475,982▲2.1% | $136,197,852▲44.8% | $427,068,919▲3.5% | 990 |
| 2015 | $267,602,001▼20.2% | $292,406,462▼5.4% | $94,028,801▼44.5% | $412,671,564▼11.3% | 990 |
| 2014 | $335,340,591▲16.4% | $309,136,883▼1.2% | $169,525,454▲8.6% | $465,382,867▲8.4% | 990 |
| 2013 | $288,128,812 | $312,869,994▼3.5% | $156,152,909▼14.1% | $429,505,785▼0.1% | 990 |
| 2012 | — | $324,333,915▲2.2% | $181,689,762▲67.1% | $429,833,413▲13.2% | 990 |
| 2011 | — | $317,433,467▼1.1% | $108,724,824▼44.1% | $379,827,225▼7.5% | 990 |
| 2010 | — | $320,966,882▲8.2% | $194,441,523▲44.2% | $410,745,269▲16.8% | 990 |
| 2009 | — | $296,673,351 | $134,826,068 | $351,588,466 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Yannick Nezet-seguin — $2,045,038 (0.62% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Yannick Nezet-seguin | Music Director | 60 | $2,045,038 |
| Peter Gelb | General Manager | 60 | $1,395,216 |
| David Chan | Concert Master | 60 | $497,107 |
| Donald Palumbo | Chorus Master | 60 | $485,985 |
| Coralie Toevs | Assistant General Manager, Development | 60 | $434,528 |
| Benjamin Bowman | Concert Master | 60 | $405,631 |
| John Sellars | Assistant General Manager, Production | 60 | $404,197 |
| Diana Fortuna | Deputy General Manager/cfo/assistant Treasurer | 59 | $379,085 |
| Jason Hamilton | Property Master | 60 | $377,950 |
| Michael Heaston | Assistant General Manager, Artistic | 60 | $312,604 |
| Stephanie Basta | General Counsel/assistant Secretary | 60 | $248,694 |
| Rebecca Wui | Former Assistant Secretary To 9/29/22 | 0 | $167,485 |
| Alexa Bator Chae | Managing Director | 1 | — |
| Al Roker | Managing Director Fr 9/28/23 | 1 | — |
| Andrew Martin-weber | Managing Director | 1 | — |
| Ann Ziff | Chairman | 1 | — |
| Austin T Fragomen Jr | Managing Director | 1 | — |
| Barbara Walkowski | Managing Director | 1 | — |
| Beth A Grosshans | Managing Director | 1 | — |
| Betsy Cohen | Managing Director / Treasurer To 9/11/23 | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Situation Interactive | Marketing and Creative | $6,169,964 |
| Daybreak Fast Freight Inc | Container Storage and Transit | $2,986,203 |
| All Mobile Video Inc | Video/audio | $2,228,921 |
| Bay Productions Ltd Ca | Production | $1,699,780 |
| The Scenic Route Inc | Production | $1,360,789 |
Grants received · $106.4M total
358 grants to Metropolitan Opera Association Inc totaling $106.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $1,259,925 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Arts and culture | 2024 | $233,000 |
| American Endowment Foundation | Arts, culture | 2024 | $150,950 |
| The Community Foundation For Greater Atlanta Inc | Arts/culture/humanities | 2024 | $137,216 |
| The Bessemer Giving Fund | General support | 2024 | $131,000 |
| Ayco Charitable Foundation | Arts and culture | 2024 | $124,250 |
| American Online Giving Foundation Inc | General support | 2024 | $109,445 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $107,500 |
| The New York Community Trust | For program support. | 2024 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $97,500 |
| The New York Community Trust | For general support. | 2024 | $96,050 |
| The New York Community Trust | For program support. | 2024 | $43,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $41,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $38,375 |
| Impactassets Inc | General support | 2024 | $35,250 |
Grants made · $185K in FY2021
1 grant totaling $185K in FY2021. All grants made by Metropolitan Opera Association Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| United States Fund For Unicef | Concert for ukraine proceeds | $185,495 |
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Frequently asked questions
- Is Metropolitan Opera Association Inc a legitimate nonprofit?
- Yes. Metropolitan Opera Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1624087, based in New York, New York. Donations are tax-deductible.
- What is Metropolitan Opera Association Inc's EIN?
- Metropolitan Opera Association Inc's Employer Identification Number (EIN) is 13-1624087.
- How much revenue does Metropolitan Opera Association Inc report?
- Metropolitan Opera Association Inc reported $283,987,551 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Metropolitan Opera Association Inc's spending goes to programs?
- Metropolitan Opera Association Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Metropolitan Opera Association Inc have?
- CharityIndex grades Metropolitan Opera Association Inc B+, based on program efficiency and fundraising cost.
- How much does Metropolitan Opera Association Inc's highest-paid employee make?
- The highest reported compensation on Metropolitan Opera Association Inc's latest Form 990 is $2,045,038, paid to Yannick Nezet-seguin (Music Director).
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Data for Metropolitan Opera Association Inc (EIN 13-1624087) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.