OPERA NAPLES INC

🔒

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

2005

Legal Domicile

Principal Officer

MELANIE KALNINS

Phone

2399639050

Tax Period

2024-07-01 to 2025-06-30

OPERA NAPLES INC, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $866K, a strong 27% operating margin.

Mission

TO ENRICH THE SOUTHWEST FLORIDA COMMUNITY BY PRESENTING OPERA PERFORMANCES AND EDUCATIONAL PROGRAMS WHICH ENGAGE INTERNATIONALLY REKNOWNED PERFORMERS AND DIRECTORS WHILE NUTURING REGIONALLY-BASED TALENT THROUGH THE CREATION OF A PERMANENT LOCAL OPERA COMPANY.

Program Service Accomplishments

Program 1

Expenses: $1,455,811 Revenue: $323,381

OPERA NAPLES PRODUCED THE FOLLOWING PERFORMANCES DURING THE FY 2024/25 FISCAL YEAR: THE MIKADO GILBERT & SULLIVAN - SUMMER YOUTH PROGRAM EUROFEST 2024 CLOCLO FAUST MADEMOISELLE MODISTE AN EVENING IN PARIS THE GREAT WALTZ RIGOLETTO THE GREAT CARUSO DEEP IN MY HEART A TOAST TO OPERA ARTISTIC VISION OF LUCIANO PAVAROTTI DON PASQUALE LUCIANO PAVAROTTI INTL VOICE COMPETITION THE MAGIC FLUTE LA BOHEME SLEEPING BEAUTY

Program 2

Expenses: $192,057 Revenue: $136,529

OUR GOAL IS TO ENRICH YOUNG LIVES BY OFFERING A POSITIVE AND CREATIVE ENVIRONMENT THAT NOURISHES TALENT THROUGH HANDS-ON EXPERIENCE AND QUALITY PERFORMANCES. OUR PROGRAMS PROVIDE EACH YEAR OVER 3,000 STUDENTS AND YOUTH FROM DIVERSE BACKGROUNDS WITH ACCESS TO THIS UNIQUE ART FORM. EDUCATION OUTREACH INCLUDES OUR RESIDENT ARTIST PROGRAM, THE OPERA NAPLES ACADEMY, THE STUDENT APPRENTICE PROGRAM, IN-SCHOOL PROGRAMSAND OPERA NAPLES YOUTH COMPANY INCLUDING OUR SUMMER YOUTH PROGRAM.

🔒

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 $2,433,731

Program Service Revenue $459,910

Investment Income $2,475

Other Revenue $257,978

TOTAL REVENUE $3,154,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,047,680

Fundraising Expenses $179,862

Program Expenses $1,647,868

Other Expenses $1,240,428

TOTAL EXPENSES $2,288,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,154,094	$1,692,959	+0.9%
Expenses	$2,288,108	$1,901,500	+0.2%
Net Income	$865,986	$-208,541	-5.2%

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

$47,348

Total Directors