This metric will be assigned to one of the following categories:įull Credit: There has been no diversion of assets within the last two years. If the charity does report a diversion, then we check to see if it complied with the Form 990 instructions by describing what happened and its corrective action. We check the charity's last two Forms 990 to see if the charity has reported any diversion of assets. (More)Ī diversion of assets – any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft – can seriously call into question a charity's financial integrity. Our analysts check the Form 990 to determine if the independent Board members are a voting majority and also at least five in number. (More) The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters. Is this your nonprofit? Apply for a Star Rating Portal to submit data and edit your profile. Lyric Opera of Kansas City is a 501(c)(3) organization, with an IRS ruling year of 1960, and donations are tax-deductible. The Company currently produces four performances of four productions per season at the Kauffman Center for the Performing Arts located at 1601 Broadway in Downtown Kansas City, Missouri. In the fall of 1998, the Company began performing operas in the original language, a tradition which continues today. In 54 years the Company has produced numerous works including three world premiere operas. The Lyric Opera of Kansas City was founded in 1958 by Russell Patterson. (More) The Lyric Opera of Kansas City exists to enrich the lives of people of all ages and backgrounds throughout the region by offering a broad repertoire of professional operatic experiences. Mission: The Lyric Opera of Kansas City exists to enrich the lives of people of all ages and backgrounds throughout the region by offering a broad repertoire of professional.
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