AMERICAN FRIENDS OF THE PARIS OPERA AND BALLET INC (EIN 133219847) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

OLIVIA TOURNAY FLATTO

Phone

2124391426

Tax Period

2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF THE PARIS OPERA AND BALLET INC, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023.

Mission

TO SOLICIT FUNDS TOSUPPORT THE PARIS OPERA AND PROMOTE FRENCH-AMERICAN ARTISTIC EXCHANGE. INADDITION TO UNDERWRITING TOURING AND PRODUCTIONS THAT PROMINENTLY FEATURE THE WORK OF AMERICAN ARTISTS, AFPOB HELPS NURTURE THE NEXT GENERATION OF DANCERS, SINGERS AND AUDIENCE MEMBERS THROUGH STUDENT EXCHANGES, SCHOLARSHIPS AND EDUCATIONAL PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,193,740

Program Service Revenue $0

Investment Income $78,094

Other Revenue $83,535

TOTAL REVENUE $1,355,369

Expense Breakdown

Grants Paid $1,190,394

Salaries & Benefits $99,575

Fundraising Expenses $30,746

Program Expenses $1,337,831

Other Expenses $125,376

TOTAL EXPENSES $1,415,345

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,355,369	$1,324,676	+0.0%
Expenses	$1,415,345	$1,367,349	+0.0%
Net Income	$-59,976	$-42,673	+0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OLIVIA TOURNAY FLATTO	CHAIRMAN	5.00	Officer Director	$0	$0	$0
SERENA LESE	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
HAL J WITT	SECRETARY AND TREASURER	3.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,355,369	$1,415,345	$1,436,218	$-59,976
2022	$1,324,676	$1,367,349	$996,717	$-42,673
2021	$1,059,401	$1,378,323	$1,099,480	$-318,922
2020	$976,396	$740,479	$1,333,488	$235,917
2019	$1,012,501	$927,950	$1,047,592	$84,551
2018	$929,349	$1,017,697	$905,240	$-88,348

AMERICAN FRIENDS OF THE PARIS OPERA AND BALLET INC