THE ATLANTA OPERA INC

EIN: 581371843 501(c)(3) Arts, Culture & Humanities

ATLANTA, GA

Total Revenue
$52,412,526
Total Expenses
$17,804,763
Total Assets
$80,841,023
Net Assets
$74,701,903
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
GA
Principal Officer
MR Micah Fortson
Phone
4048818801
Tax Period
2024-07-01 to 2025-06-30

THE ATLANTA OPERA INC, founded in 1979, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $52.4M in total revenue in fiscal year 2024. Revenue surged 248% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34.6M, a strong 66% operating margin.

Mission

BREAK THE BOUNDARIES OF OPERA TO CREATE EXCEPTIONAL EXPERIENCES FOR AUDIENCES EVERYWHERE.

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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 $48,016,015
Program Service Revenue $2,880,379
Investment Income $1,463,252
Other Revenue $52,880
TOTAL REVENUE $52,412,526

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,619,296
Fundraising Expenses $1,192,305
Program Expenses $14,652,897
Other Expenses $9,148,425
TOTAL EXPENSES $17,804,763

Year-over-Year Comparison

2024 2023 Change
Revenue $52,412,526 $15,060,115 +2.5%
Expenses $17,804,763 $16,497,253 +0.1%
Net Income $34,607,763 $-1,437,138 -25.1%
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
42
Independent Members
42
Employees
215
Volunteers
60

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
6
$861,595
Total Directors
42
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOMER ZVULUN GENERAL & ARTISTIC DIRECTOR 40.0
Officer
$474,992 $107,529 $582,521
MICAH FORTSON MANAGING DIRECTOR 40.0
Officer
$217,522 $61,552 $279,074
JONATHAN BLALOCK DIR OF ADVANCEMENT REVENUE 40.0
Highest
$136,131 $22,114 $158,245
JESSICA LANGLOIS MANAGING DIR OF DEVELOPMENT 40.0
Highest
$134,295 $15,156 $149,451
MEREDITH WALLACE DIR OF ARTISTIC ADMINISTRATION 40.0
Highest
$119,527 $15,257 $134,784
REBECCA BROWN DIR OF SALES & MARKETING 40.0
Highest
$115,642 $16,784 $132,426
ROB REYNOLDS DIR OF PRODUCTION 40.0
Highest
$105,234 $19,576 $124,810
MR RHYS T WILSON BOARD CHAIR 12.0
Officer Director
$0 $0 $0
MR JOHN L HAMMAKER VICE CHAIR 12.0
Officer Director
$0 $0 $0
MS BUNNY WINTER TREASURER 12.0
Officer Director
$0 $0 $0
MR MICHAEL E PAULHUS SECRETARY 12.0
Officer Director
$0 $0 $0
MS CATHY CALLAWAY ADAMS BOARD MEMBER 1.0
Director
$0 $0 $0
MRS SUSAN M ANDERSON BOARD MEMBER 1.0
Director
$0 $0 $0
MR BRYAN H BARNES BOARD MEMBER 1.0
Director
$0 $0 $0
MR DANTE BELLIZZI BOARD MEMBER 1.0
Director
$0 $0 $0
MR MONTAGUE L BOYD IV BOARD MEMBER 1.0
Director
$0 $0 $0
DR HAROLD J BRODY BOARD MEMBER 1.0
Director
$0 $0 $0
MRS ROSEMARY KOPEL BROWN BOARD MEMBER 1.0
Director
$0 $0 $0
MR FRANK H BUTTERFIELD BOARD MEMBER 1.0
Director
$0 $0 $0
DR FRANK A CRITZ BOARD MEMBER 1.0
Director
$0 $0 $0
MR ROBERT DEAN BOARD MEMBER 1.0
Director
$0 $0 $0
DR CARLOS DEL RIO BOARD MEMBER 1.0
Director
$0 $0 $0
DR TODD ELLIS BOARD MEMBER 1.0
Director
$0 $0 $0
MR DIETER ELSNER BOARD MEMBER 1.0
Director
$0 $0 $0
DR DONALD J FILIP BOARD MEMBER 1.0
Director
$0 $0 $0
MR KEVIN GREINER BOARD MEMBER 1.0
Director
$0 $0 $0
MRS JOANNE CHESLER GROSS BOARD MEMBER 1.0
Director
$0 $0 $0
MS CAROLINE HARDIN BOARD MEMBER 1.0
Director
$0 $0 $0
MR JOHN HAUPERT BOARD MEMBER 1.0
Director
$0 $0 $0
MR JAMAEL HESTER BOARD MEMBER 1.0
Director
$0 $0 $0
MRHOWARD W HUNTER BOARD MEMBER 1.0
Director
$0 $0 $0
MR ANDREW R LONG BOARD MEMBER 1.0
Director
$0 $0 $0
MR ALFREDO MARTIN BOARD MEMBER 1.0
Director
$0 $0 $0
MS KELLY MAYHALL BOARD MEMBER 1.0
Director
$0 $0 $0
MR JAMES B MILLER JR BOARD MEMBER 1.0
Director
$0 $0 $0
MRS STEPHANIE MORELA BOARD MEMBER 1.0
Director
$0 $0 $0
MRS SANDRA S MORELLI BOARD MEMBER 1.0
Director
$0 $0 $0
MRS TALIA MURPHY BOARD MEMBER 1.0
Director
$0 $0 $0
MR HOWARD PALEFSKY BOARD MEMBER 1.0
Director
$0 $0 $0
MR HERBERT J ROSENBERG BOARD MEMBER 1.0
Director
$0 $0 $0
MR THOMAS SAYLOR BOARD MEMBER 1.0
Director
$0 $0 $0
MR ALEX SIMMONS JR BOARD MEMBER 1.0
Director
$0 $0 $0
MRS CHRISTINE ST CLARE BOARD MEMBER 1.0
Director
$0 $0 $0
MR WILLIAM E TUCKER BOARD MEMBER 1.0
Director
$0 $0 $0
MR CHARLES R YATES JR BOARD MEMBER 1.0
Director
$0 $0 $0
Mrs Qaadirah Abdur-Rahim BOARD MEMBER 1.0
Director
$0 $0 $0
Mrs Kate Cook BOARD MEMBER 1.0
Director
$0 $0 $0
Mr Clark Dean BOARD MEMBER 1.0
Director
$0 $0 $0
Mr Rashaun Williams BOARD MEMBER 1.0
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 $52,412,526 $17,804,763 $80,841,023 $34,607,763
2024 $15,060,115 $16,497,253 $45,875,502 $-1,437,138
2023 $17,407,221 $13,071,161 $43,936,096 $4,336,060
2022 $27,735,850 $10,833,345 $39,297,850 $16,902,505
2022 $27,735,850 $10,833,345 $39,297,850 $16,902,505
2021 $12,261,128 $7,268,517 $26,985,184 $4,992,611
2021 $12,248,438 $7,268,517 $26,985,184 $4,979,921
2020 $6,684,678 $8,614,474 $19,344,471 $-1,929,796
2019 $10,514,742 $8,740,567 $20,382,279 $1,774,175
2018 $14,557,314 $7,764,197 $18,508,144 $6,793,117
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