Mission Statement: National Opera House will restore and maintain the site of the National Negro Opera Company in order to teach culture through arts and music to the youth of the community.
 



Committees



Budget


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BUDGET COMMITTEE –Finance Ad Hoc Committee


The Budget Committee is a subcommittee of the Finance Committee and also falls under the leadership of the Board Treasurer.

  • Reports to the Finance Committee and the Opera House Committee.
  • Establish an annual budget for the organization.
  • Review budgetary needs and requirements of each segment of the program while defining priorities.
  • Ensure that the budget for National Opera House supports the organization's mission.
  • Encourage efficient and effective execution of the budget toward the achievement of optimal performance levels of the National Opera House.
  • Establish broad financial policies and review how those policies are implemented.
  • Strive to optimize the limited financial resources available to meet the goals of the Opera House. Identify potential areas for cost saving analysis or more effective use of resources.
  • Evaluate and implement opportunities for a more effective budget process.
  • Review the operating budget to make decisions and recommendations concerning the allocation of available funds.
  • Review requests for budget changes.
  • Review financial reports prepared for management review. Take action when significant deviations are shown.
  • Resolve budgetary difficulties and disputes between organizational members and committees.
  • Identify patterns of change in the organization's operating environment that may impact the budget significantly.
  • Participate in the design and implementation of plans for acquiring additional resources.
  • Other duties as delegated by the Opera House Committee, Board of Directors and Executive Director.