Nonprofit · EIN 13-2956748
OPUS 40 INC
Tax-exempt · SAUGERTIES, NY 12477
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $971,982 | $675,688 | $296,294 | $1,758,753 | $282,755 | $1,475,998 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHERINE MITHCELL | Director Officer | 40 | $40,961 | $4,050 |
| CAROLINE CRUMPACKER | DIRECTOR Officer | 40 | $19,013 | $0 |
| BRIGID WALSH | CO-CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ALAN WANZENBERG | CO-CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ROB ROSS | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| JENNIFER BROWN | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ISABEL SOFFER | SECRETARY Trustee or director | 5 | $0 | $0 |
| JOHN CEDERQUIST | MEMBER Trustee or director | 3 | $0 | $0 |
| LARA DAVIS | MEMBER Trustee or director | 3 | $0 | $0 |
| INDIA RICHARDS | MEMBER Trustee or director | 3 | $0 | $0 |
| AMARAH SEDREDDINE | MEMBER Trustee or director | 3 | $0 | $0 |
| JONATHAN BECKER | EX OFFICIO Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLINE CRUMPACKER | EXECUTIVE DIRECTOR Officer | 40 | $50,933 |
| ALAN WANZENBERG | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BRIGID WALSH | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| KEVIN PARKER | TREASURER Trustee or director, Officer | 5 | $0 |
| ISABEL SOFFER | SECRETARY Trustee or director, Officer | 5 | $0 |
| JOHN CEDERQUIST | DIRECTOR Trustee or director | 3 | $0 |
| LARA DAVIS | DIRECTOR Trustee or director | 3 | $0 |
| AMARAH SEDREDDINE | DIRECTOR Trustee or director | 3 | $0 |
| JENNIE SWANTZ | DIRECTOR Trustee or director | 3 | $0 |
| JONATHAN BECKER | DIRECTOR Trustee or director | 3 | $0 |
| SUSAN CUMMINGS-FINDEL | DIRECTOR 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $971,982 | $675,688 | $1,758,753 | IRS |
| 990 | December 2023 | $1,338,744 | $1,093,831 | $1,750,319 | XML |
| 990 | December 2022 | $918,458 | $791,655 | $940,433 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 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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