PAINTED SKY OPERA INC

EIN: 474955667 501(c)(3) Arts, Culture & Humanities

Edmond, OK

Total Revenue
$240,726
Total Expenses
$190,365
Total Assets
$70,917
Net Assets
$70,917
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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
2015
Legal Domicile
OK
Principal Officer
Rob Glaubitz
Phone
3033453675
Tax Period
2024-08-01 to 2025-07-31

PAINTED SKY OPERA INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $241K in total revenue in fiscal year 2024. The organization ran a surplus of $50K, a strong 21% operating margin.

Mission

Painted Sky Opera presents inspiring, innovative opera through performance & education in Central Oklahoma.

Program Service Accomplishments

Program 1
Expenses: $33,548 Revenue: $124

Performance of Overture

Program 2
Expenses: $47,623 Revenue: $15,327

Performance of Lizzie Borden

Program 3
Expenses: $35,880 Revenue: $45,273

Outreach activities, including performances of Bartered Banana and The Magic Flute Goes West

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $195,393
Program Service Revenue $40,008
Investment Income $970
Other Revenue $4,355
TOTAL REVENUE $240,726

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,882
Fundraising Expenses $25,934
Program Expenses $136,657
Other Expenses $54,483
TOTAL EXPENSES $190,365

Year-over-Year Comparison

2024 2023 Change
Revenue $240,726 $228,299 +0.1%
Expenses $190,365 $272,518 -0.3%
Net Income $50,361 $-44,219 -2.1%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
2
$16,925
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Coffman Operations Director 20
Officer
$16,725 $0 $16,725
Rob Glaubitz Artistic Director 20
Officer
$200 $0 $200
Jill Burcham trustee 5
Director
$0 $0 $0
Catherine McDaniel trustee 5
Director
$0 $0 $0
Barbara DeMaio trustee 5
Director
$0 $0 $0
Ronna Davis trustee 5
Director
$0 $0 $0
Pamela Richman Secretary 5
Director
$0 $0 $0
Hattie Santore trustee 0
Director
$0 $0 $0
Kevin Wilkinson President of Board 5
Director
$0 $0 $0
Natasha Viener trustee 5
Director
$0 $0 $0
Rouye Choquette Vice President of Board 5
Director
$0 $0 $0
Gavin Spence trustee 5
Director
$0 $0 $0
Tucker Feix Treasurer of the Board 5
Director
$0 $0 $0
Alexin Maliszewski trustee 5
$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 $240,726 $190,365 $70,917 $50,361
2024 $228,299 $272,518 $20,556 $-44,219
2023 $281,869 $270,413 $64,775 $11,456
2020 $204,340 $170,384 $107,746 $33,956
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