OPERA MEMPHIS ENDOWMENT FOUNDATION (EIN 581713898) - Form 990 Financial Analysis & Trantor Score

🔒

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

1994

Legal Domicile

Principal Officer

EDWARD CANTY

Phone

9012573100

Tax Period

2024-10-01 to 2025-09-30

OPERA MEMPHIS ENDOWMENT FOUNDATION, founded in 1994, is a micro nonprofit that reported $7K in total revenue in fiscal year 2024. Expenses of $22K exceeded revenue, resulting in a 203% operating deficit.

Mission

TO SUPPORT OPERA MEMPHIS, INC TO FURTHER THE DEVELOPMENT OF ARTISTIC AND MUSICAL TALENTS AND FOR THE CULTURAL EDUCATION AND ENTERTAINMENT OF THE GENERAL PUBLIC.

🔒

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 $0

Program Service Revenue $0

Investment Income $7,173

Other Revenue $0

TOTAL REVENUE $7,173

Expense Breakdown

Grants Paid $19,674

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,674

Other Expenses $2,086

TOTAL EXPENSES $21,760

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,173	$-49,499	-1.1%
Expenses	$21,760	$22,399	0.0%
Net Income	$-14,587	$-71,898	-0.8%

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

N/A

Volunteers

N/A

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

$118,134

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EMILY STRACK	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
DANIEL ANGLIN	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH ROUSE	TRUSTEE	1.00	Director	$0	$0	$0
RACHEL KNOX	TRUSTEE	1.00	Director	$0	$0	$0
KATE GILLILAND CONNELL	TRUSTEE	1.00	Director	$0	$0	$0
EDWARD CANTY	GENERAL DIRECTOR	1.00	Officer	$0	$10,193	$118,134

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	$7,173	$21,760	$359,372	$-14,587
2024	$-49,499	$22,399	$377,318	$-71,898
2023	$8,925	$23,096	$347,345	$-14,171
2022	$19,628	$24,823	$316,791	$-5,195
2021	$5,712	$24,100	$457,023	$-18,388
2020	$17,618	$23,971	$353,830	$-6,353
2019	$-45,990	$25,205	$400,801	$-71,195
2018	$23,434	$65,821	$459,756	$-42,387

OPERA MEMPHIS ENDOWMENT FOUNDATION