Investing in the Extraordinary

Sarasota Opera Association, Inc, is pleased to announce the final and public phase of a $40M comprehensive campaign — of which $35M has already been raised —designed to position Sarasota Opera for the future through an increase in annual giving, growth of the endowment, and to provide funding for capital projects.

The “quiet” phase of the campaign began in 2014. Since then:

  • Over $3M has been raised to support capital projects, including the building of the Steinwachs Artists Residences which opened in January 2016.
  • Sarasota Opera’s endowment has doubled to $9M.
  • An additional $17M has been generated in annual support.
  • Through the Ernie and Alisa Kretzmer Legacy Challenge more than $10M in legacy pledges have been made to the Sarasota Opera Endowment.
  • The Opera has acquired a historic collection of opera costumes from Toronto-based Malabar Ltd.

The endowment growth, the artist residences, which helped solve a longstanding housing problem, and now the new addition of the Sarasota Opera Costume Studio will have long term positive effects for the company.

The final phase of the campaign will include raising funds for the Costume Studio. Longtime supporters Paul and Sharon Steinwachs, through the Steinwachs Family Foundation, have offered a generous Challenge Grant of $500,000, contingent upon Sarasota Opera raising an equal amount in cash by December 31, 2019.

For more information on the Sarasota Opera Costume Studio, please click here.

To more information about the Investing in the Extraordinary campaign, please call our Development Department at (941) 366-8450 ext. 246