SKYLARK OPERA

🔒

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

1980

Legal Domicile

Principal Officer

ANGIE CARLSON

Phone

6512924309

Tax Period

2024-10-01 to 2025-09-30

SKYLARK OPERA, founded in 1980, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $87K in total revenue in fiscal year 2024.

Mission

SKYLARK OPERA THEATRE WILL PROVIDE MINNESOTA AUDIENCES WITH THE HIGHEST ARTISTIC QUALITY, ACCESSIBLE PERFORMANCES OF OPERA AND MUSIC THEATER AND WILL DEVELOP AND HIGHLIGHT THE FINEST LOCAL AND REGIONAL TALENT.

Program Service Accomplishments

Program 1

Expenses: $76,850 Revenue: $28,382

SKYLARK OPERA THEATRE OFFERS NEW AND TRADITIONAL REPERTOIRE PERFORMED WITH A MODERNIZED PERSPECTIVE IN SITE-SPECIFIC AND CUTTING-EDGE VENUES. ORIGINALLY FOUNDED IN 1980, THE ORGANIZATION ADOPTED THE NAME SKYLARK OPERA IN 2006, AND TRANSFORMED TO SKYLARK OPERA THEATRE IN 2016. WITH A REIMAGINED FOCUS ON INNOVATIVE, INTIMATE AND ACCESSIBLE OPERA, SKYLARK OPERA THEATRE HAS RECENTLY STAGED CRITICALLY ACCLAIMED PRODUCTIONS OF "AMAHL AND THE NIGHT VISITORS", "EUGENE ONEGIN","THREE DECEMBERS", "THE GIFT OF THE MAGI", "MARRY ME A LITTLE", AND "THE CHRISTMAS SPIDER".SKYLARK OPERA THEATRE IS BASED IN ST. PAUL AND PRODUCES WORK IN THE ST. PAUL AND MINNEAPOLIS, MINNESOTA METROPOLITAN AREA.

🔒

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 $56,733

Program Service Revenue $28,382

Investment Income $968

Other Revenue $562

TOTAL REVENUE $86,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,828

Program Expenses $76,850

Other Expenses $90,130

TOTAL EXPENSES $90,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,645	$80,523	+0.1%
Expenses	$90,130	$103,324	-0.1%
Net Income	$-3,485	$-22,801	-0.8%

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

N/A

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
ANGIE CARLSON	PRESIDENT	20.00	Officer Director	$0	$0	$0
JACK NEVEAUX	VICE PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
PENNY GOTTIER FENA	TREASURER	1.00	Officer Director	$0	$0	$0
ANN MORELLI SPENCER	DIRECTOR	1.00	Director	$0	$0	$0
JILL HEINS-NESVOLD	DIRECTOR	1.00	Director	$0	$0	$0
DOUG AFFINITO	DIRECTOR	1.00	Director	$0	$0	$0
CHAMIKA HAWKINS-TAYLOR	DIRECTOR	1.00	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
2025	$86,645	$90,130	$66,215	$-3,485
2024	$80,523	$103,324	$68,788	$-22,801
2023	$73,573	$148,171	$30,080	$-74,598
2022	$167,737	$215,769	$104,678	$-48,032
2021	$177,589	$61,872	$161,611	$115,717
2020	$72,858	$77,394	$45,894	$-4,536
2019	$109,428	$107,020	$50,430	$2,408
2018	$96,929	$89,870	$70,424	$7,059