THE LYRIC OPERA OF KANSAS CITY FOUNDATION (EIN 431888220) - 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

2000

Legal Domicile

Principal Officer

J MICHAEL SIGLER

Phone

8164714933

Tax Period

2024-07-01 to 2025-06-30

THE LYRIC OPERA OF KANSAS CITY FOUNDATION, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $797K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $740K left a modest 7% surplus.

Mission

TO FUND AND SUPPORT THE ARTISTIC ADVANCEMENT AND ENHANCE THE QUALITY OF THE LYRIC OPERA OF KANSAS CITY'S PRODUCTIONS, EDUCATION AND SINGER TRAINING PROGRAMS THROUGH ITS PERMANENT ENDOWMENTS.

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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 $0

Program Service Revenue $0

Investment Income $796,862

Other Revenue $0

TOTAL REVENUE $796,862

Expense Breakdown

Grants Paid $668,416

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $668,416

Other Expenses $71,393

TOTAL EXPENSES $739,809

Year-over-Year Comparison

	2024	2023	Change
Revenue	$796,862	$1,079,374	-0.3%
Expenses	$739,809	$863,751	-0.1%
Net Income	$57,053	$215,623	-0.7%

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
PHYLLIS G LEACH	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL D FIELDS	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK T BENEDICT	SECRETARY	1.00	Officer Director	$0	$0	$0
J MICHAEL SIGLER	TREASURER	1.00	Officer Director	$0	$0	$0
ANTHONY J DURONE	BOARD MEMBER	1.00	Director	$0	$0	$0
CRAIG EVANS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOYCE G HOLLAND	BOARD MEMBER	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	$796,862	$739,809	$14,320,556	$57,053
2024	$1,079,374	$863,751	$13,531,500	$215,623
2023	$422,219	$613,540	$12,165,647	$-191,321
2022	$925,333	$623,870	$11,577,649	$301,463
2021	$1,090,571	$529,924	$13,712,414	$560,647
2020	$504,853	$462,944	$11,633,486	$41,909
2019	$3,576,610	$8,450,018	$11,587,473	$-4,873,408

THE LYRIC OPERA OF KANSAS CITY FOUNDATION