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Nonprofit · EIN 13-2956748

OPUS 40 INC

Tax-exempt · SAUGERTIES, NY 12477

Financials

$1.3M$1.1M2023$972K$676K2024
Revenue Expenses · by fiscal year end
Financials of OPUS 40 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$971,982$675,688$296,294$1,758,753$282,755$1,475,998
December 31, 2023990$1,338,744$1,093,831$244,913$1,750,319$583,127$1,167,192
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$522,068
of which government grants
$415,000
Membership dues
$44,263
Program service revenue
$394,244
Investment income
$16
Net income from fundraising events
$32,872
Net income from sales of inventory
$22,782
Other revenue
$55,654

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$63,077
Other salaries and wages
$170,143
Salaries, compensation and benefits (total)
$251,317
Professional fundraising fees
$0
Accounting fees
$40,675
Occupancy
$28,243
Travel
$1,213
Depreciation
$35,703
Program services (functional)
$449,618
Management and general (functional)
$186,796
Fundraising (functional)
$39,274

Balance sheet and other

Total assets, start of year
$1,750,319
Total assets, end of year
$1,758,753
Total liabilities, end of year
$282,755
Net assets, end of year
$1,475,998
Land, buildings and equipment
$1,357,521
Net assets without donor restrictions
$1,100,998
Net assets with donor restrictions
$375,000
Gross receipts
$1,027,488
Employees
26
Volunteers
10
Year formed
1978
State of legal domicile
NY

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

NameTitleHours / weekCompensationOther / benefits
KATHERINE MITHCELLDirector
Officer
40$40,961$4,050
CAROLINE CRUMPACKERDIRECTOR
Officer
40$19,013$0
BRIGID WALSHCO-CHAIR
Trustee or director, Officer
5$0$0
ALAN WANZENBERGCO-CHAIR
Trustee or director, Officer
5$0$0
ROB ROSSVICE CHAIR
Trustee or director, Officer
5$0$0
JENNIFER BROWNTREASURER
Trustee or director, Officer
5$0$0
ISABEL SOFFERSECRETARY
Trustee or director
5$0$0
JOHN CEDERQUISTMEMBER
Trustee or director
3$0$0
LARA DAVISMEMBER
Trustee or director
3$0$0
INDIA RICHARDSMEMBER
Trustee or director
3$0$0
AMARAH SEDREDDINEMEMBER
Trustee or director
3$0$0
JONATHAN BECKEREX OFFICIO
Trustee or director
3$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
CAROLINE CRUMPACKEREXECUTIVE DIRECTOR
Officer
40$50,933
ALAN WANZENBERGPRESIDENT
Trustee or director, Officer
5$0
BRIGID WALSHVICE PRESIDENT
Trustee or director, Officer
5$0
KEVIN PARKERTREASURER
Trustee or director, Officer
5$0
ISABEL SOFFERSECRETARY
Trustee or director, Officer
5$0
JOHN CEDERQUISTDIRECTOR
Trustee or director
3$0
LARA DAVISDIRECTOR
Trustee or director
3$0
AMARAH SEDREDDINEDIRECTOR
Trustee or director
3$0
JENNIE SWANTZDIRECTOR
Trustee or director
3$0
JONATHAN BECKERDIRECTOR
Trustee or director
3$0
SUSAN CUMMINGS-FINDELDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
50 FITE RD, SAUGERTIES, NY 12477-3260
In care of
% CAROLINE CRUMPACKER
Mailing address (990-N for 2012)
50 Fite Road, Saugerties NY 12477
Principal officer (990 for 2024)
KRISTEN THORNE
Principal officer (990-N for 2012)
Opus 40 Inc, 50 Fite Road, Saugerties NY 12477
Signed the 990
BRIGID WALSH, CO-CHAIR
Phone
(845) 246-3400
Website
opus40.org
Return prepared by
GRADY CPA PC

Mission

TO BRING NATURAL AND CREATIVE RESOURCES TO THE PUBLIC THROUGH A PARK, MUSEUM, PERFORMANCE SPACE, AND AN EDUCATIONAL FACILITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE MAINTENANCE OF THE PROPERTY AND PRESENTING OF ARTS PROGRAMS.
    Expenses $449,618 · grants $56,850 · revenue $965,992

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-2956748
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
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,758,753
Income (IRS master file)
$1,027,488

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$971,982$675,688$1,758,753IRS
990December 2023$1,338,744$1,093,831$1,750,319XML
990December 2022$918,458$791,655$940,433IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS
990-N for 2012
Officer: Opus 40 Inc
December 31, 2012≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 13-2956748).

Questions about OPUS 40 INC

What is the EIN of OPUS 40 INC?
The employer identification number (EIN) of OPUS 40 INC is 13-2956748.
Is OPUS 40 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to OPUS 40 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPUS 40 INC 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 OPUS 40 INC 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 OPUS 40 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OPUS 40 INC?
The 990 for the year ended December 31, 2024 names KRISTEN THORNE.
Who are the officers and directors of OPUS 40 INC?
The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $40,961 (KATHERINE MITHCELL, Director).
How much revenue does OPUS 40 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $971,982, expenses of $675,688 and total assets of $1,758,753 at year end.

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