Opera Neo

EIN: 463142361 501(c)(3) Arts, Culture & Humanities

San Diego, CA

Total Revenue
$796,219
Total Expenses
$772,121
Total Assets
$46,140
Net Assets
$46,140
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
Kelley Hart
Tax Period
2023-10-01 to 2024-09-30

Opera Neo, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $796K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $772K left a modest 3% surplus.

Mission

Opera Neos mission is to nurture and educate the new generation of opera singers by providing them vital performance experience and training while producing affordable relatable and accessible operatic performances thereby investing in the future of opera and contributing to the cultural vibrancy of our city.

Program Service Accomplishments

Program 1
Expenses: $352,809 Revenue: $19,712

As the only company in San Diego that performs fully staged operas during the summer months Opera Neo fills an important niche in the citys cultural landscape. We present live opera performances in...

Read more

As the only company in San Diego that performs fully staged operas during the summer months Opera Neo fills an important niche in the citys cultural landscape. We present live opera performances in intimate venues offer innovative interpretations of the works performed and feature young emerging artists and unique programming. Our commitment to historically informed performance coupled with thought-provoking relevant staging makes what we do unique in the San Diego community and beyond.

Program 2
Expenses: $345,304 Revenue: $19,713

Each year Opera Neo holds highly competitive national auditions that draws over 500 applicants including singers pianists conductors stage managers and stage directors. Anywhere from 20-35 young...

Read more

Each year Opera Neo holds highly competitive national auditions that draws over 500 applicants including singers pianists conductors stage managers and stage directors. Anywhere from 20-35 young artists are selected to come to San Diego for intensive professional training mentoring and performance opportunities. Live auditions are held in cities across the country. Opera Neo helps young artists of extraordinary promise to bridge the gap between their academic experience and the expectations of the professional opera world.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $756,794
Program Service Revenue $39,425
Investment Income $0
Other Revenue $0
TOTAL REVENUE $796,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,484
Fundraising Expenses $0
Program Expenses $698,113
Other Expenses $710,637
TOTAL EXPENSES $772,121

Year-over-Year Comparison

2023 2022 Change
Revenue $796,219 $693,106 +0.1%
Expenses $772,121 $686,353 +0.1%
Net Income $24,098 $6,753 +2.6%
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

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
1

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelley Hart Executive Director 10.00
Officer
$0 $0 $0
Peter Kozma Artistic Director 40.00
Officer
$0 $0 $0
Gary Payne Board Member 5.00
Officer
$0 $0 $0
Sara Womble Board Member 10.00
Officer
$0 $0 $0
Shaudi Malek Board Member 2.00
Officer
$0 $0 $0
Mary Ellen Clark Board President 5.00
Officer
$0 $0 $0
Therese Collins Board Member 2.00
Officer
$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
2024 $796,219 $772,121 $46,140 $24,098
2023 $693,106 $686,353 $22,042 $6,753
2022 $473,442 $461,688 $15,289 $11,754
2021 $344,093 $343,153 $3,535 $940
2019 $248,997 $248,923 $453 $74
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Opera Neo with other nonprofits in California and across the country.