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Goodspeed Opera House Foundation
Goodspeed Opera House Foundation reported $14.1 million in revenue and $15.4 million in expenses for calendar year 2024. Of every $100 it spent, $87.03 went to program services, $7.08 to management and general costs and $5.89 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 51.4% of the total. The highest compensation it reported for one person was $249,913 (ARTISTIC DIRECTOR). 8 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.0% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.1% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.9% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.19 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 33.7% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.4% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 51.4% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $249,913 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.62% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 8 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.8 | 36.6 |
| Independent voting board members Part VI 1a–1b | 28 of 28 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe mission of Goodspeed Musicals is to share the joy of musical theatre; to delight, inspire, and challenge audiences; to nurture creators; and to build and support a broad, diverse, and inclusive community. Goodspeed, the Home of the American Musical, is committed to the ongoing work of developing new musicals and supporting the artists who create them. Our long history of producing new works and our approach to new musical development is tried and true. Goodspeed's annual producing seasons take place January-December. Every year, we produce new musicals and reimagined classics at our…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| ARTISTIC DIRECTOR Director/trustee, officer, 40.0 hrs/week | $239,290 | $0 | $10,623 | $249,913 |
| managing dir., thru 9/24 Director/trustee, officer, 40.0 hrs/week | $171,802 | $0 | $10,623 | $182,425 |
| DIRECTOR OF DEVELOPMENT Highest compensated employee, 40.0 hrs/week | $115,830 | $0 | $21,982 | $137,812 |
| DIRECTOR OF MARKETING Highest compensated employee, 40.0 hrs/week | $120,859 | $0 | $11,155 | $132,014 |
| DIRECTOR OF finance Highest compensated employee, 40.0 hrs/week | $128,686 | $0 | $15 | $128,701 |
| director of production Highest compensated employee, 40.0 hrs/week | $108,856 | $0 | $5,312 | $114,168 |
| RESIDENT MUSIC DIRECTOR Highest compensated employee, 40.0 hrs/week | $102,911 | $0 | $10,623 | $113,534 |
8 people received more than $100,000 in reportable compensation from Goodspeed Opera House Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $432K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b28 · 28 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5465
- Volunteers Part I, line 675
Private foundation grants it received
16 private foundations reported grants to Goodspeed Opera House Foundation totaling $274K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Goodspeed Opera House Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Goodspeed Opera House Foundation, you can publish a response that is linked from this page.
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Of every $100 Goodspeed Opera House Foundation spent in 2024, $87.03 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
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All arts, culture & humanities charities · Largest charities in Connecticut
Questions people ask
How much of Goodspeed Opera House Foundation's spending goes to programs?
In calendar year 2024, Goodspeed Opera House Foundation reported that 87.0% of its $15.4 million in expenses went to program services, 7.1% to management and general and 5.9% to fundraising (Form 990, Part IX).
How much does Goodspeed Opera House Foundation pay its top executive?
The largest total compensation Goodspeed Opera House Foundation reported for one person in calendar year 2024 was $249,913, for the role of ARTISTIC DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Goodspeed Opera House Foundation get its money?
Of $14.1 million in revenue in calendar year 2024, 33.7% came from contributions and grants (including 1.4% from government grants) and 51.4% from program service revenue (Form 990, Part VIII).
Is Goodspeed Opera House Foundation a registered charity?
The IRS lists EIN 13-1969314 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513189349311991 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443199349312429 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333179349303808 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223189349309412 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122429349301227 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013079349302261 · read the filing
All filings for EIN 13-1969314: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.