Opera Grand Rapids (EIN 386142941) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

Emilee Shen

Phone

6164512741

Tax Period

2024-08-01 to 2025-07-31

Opera Grand Rapids, founded in 1966, is a small nonprofit in the Arts, Culture & Humanities sector that reported $802K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 29% operating deficit.

Mission

The mission of the Opera Grand Rapids is to produce professional opera of the highest possible quality and to effectively share the art with a broad and diverse audience.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $789,387

Program Service Revenue $53,408

Investment Income $0

Other Revenue $-40,531

TOTAL REVENUE $802,264

Expense Breakdown

Grants Paid $0

Salaries & Benefits $196,060

Fundraising Expenses $84,358

Program Expenses $752,151

Other Expenses $837,898

TOTAL EXPENSES $1,033,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$802,264	$1,055,835	-0.2%
Expenses	$1,033,958	$1,198,013	-0.1%
Net Income	$-231,694	$-142,178	+0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$130,288

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah Hodges	President	2.00	Officer Director	$0	$0	$0
Matthew Crowe	Vice President	2.00	Officer Director	$0	$0	$0
Justin Allen	Secretary	2.00	Officer Director	$0	$0	$0
Win S Irwin	Treasurer	2.00	Officer Director	$0	$0	$0
Vishal Arora	Director	2.00	Director	$0	$0	$0
Peggy Barber	Director	2.00	Director	$0	$0	$0
Gwen Cielak	Director	2.00	Director	$0	$0	$0
Gaetan Gerville-Reache	Director	2.00	Director	$0	$0	$0
Amy Murphy	Director	2.00	Director	$0	$0	$0
Jim O'Conner	Director	2.00	Director	$0	$0	$0
Katie Roskam	Director	2.00	Director	$0	$0	$0
Diane StClair	Director	2.00	Director	$0	$0	$0
Kyle Van Andel	Director	2.00	Director	$0	$0	$0
Bradley Wisk	Director	2.00	Director	$0	$0	$0
Emilee Shen	Executive Director	40.00	Officer	$114,844	$15,444	$130,288

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
2025	$802,264	$1,033,958	$1,532,859	$-231,694
2024	$1,055,835	$1,198,013	$1,871,051	$-142,178
2023	$1,224,268	$1,470,607	$1,702,197	$-246,339
2022	$1,361,732	$1,572,812	$1,741,407	$-211,080
2021	$784,571	$988,053	$2,048,436	$-203,482
2020	$1,155,150	$770,654	$2,117,132	$384,496
2019	$973,437	$959,422	$1,773,869	$14,015
2018	$1,198,290	$1,138,804	$1,893,927	$59,486

Opera Grand Rapids