DES MOINES METRO OPERA FOUNDATION INC (EIN 421376458) - 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

1991

Legal Domicile

Principal Officer

DENISE WIELAND

Phone

5159616221

Tax Period

2024-09-01 to 2025-08-31

DES MOINES METRO OPERA FOUNDATION INC, founded in 1991, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $2.1M exceeded revenue, resulting in a 66% operating deficit.

Mission

TO SUPPORT THE OPERATIONS OF THE DES MOINES METRO OPERA, INC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $167,883

Program Service Revenue $0

Investment Income $1,105,587

Other Revenue $0

TOTAL REVENUE $1,273,470

Expense Breakdown

Grants Paid $2,042,292

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,042,292

Other Expenses $77,381

TOTAL EXPENSES $2,119,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,273,470	$852,076	+0.5%
Expenses	$2,119,673	$2,131,053	0.0%
Net Income	$-846,203	$-1,278,977	-0.3%

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

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
EMILY PONTIUS	PRESIDENT	1.00	Officer Director	$0	$0	$0
VIRGINIA CROSKERY LAURIDSEN	TRUSTEE	1.00	Director	$0	$0	$0
DENISE WIELAND	TREASURER	1.00	Officer Director	$0	$0	$0
COLIN PENNYCOOKE	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN WILD	TRUSTEE	1.00	Director	$0	$0	$0
AUSTIN FISHER	TRUSTEE	1.00	Director	$0	$0	$0
DARREN JIRSA	TRUSTEE	1.00	Director	$0	$0	$0
NANCY MAIN	TRUSTEE	1.00	Director	$0	$0	$0
DIANE MORAIN	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN VOSS	TRUSTEE	1.00	Director	$0	$0	$0
ADRIENNE MCFARLAND	TRUSTEE	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	$1,273,470	$2,119,673	$21,953,109	$-846,203
2024	$852,076	$2,131,053	$21,769,956	$-1,278,977
2023	$465,787	$2,626,384	$20,372,560	$-2,160,597
2022	$2,429,329	$3,094,023	$21,471,212	$-664,694
2021	$7,887,651	$1,795,617	$25,535,700	$6,092,034
2020	$3,883,726	$1,207,147	$16,934,016	$2,676,579
2019	$1,357,857	$664,465	$12,857,081	$693,392
2018	$494,641	$558,707	$12,147,529	$-64,066

DES MOINES METRO OPERA FOUNDATION INC