THE SANTA FE OPERA

EIN: 850131810 501(c)(3) Arts, Culture & Humanities

SANTA FE, NM

Total Revenue
$35,085,503
Total Expenses
$31,751,487
Total Assets
$191,229,651
Net Assets
$188,408,413
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
NM
Principal Officer
LYNN LOACKER
Phone
5059865955
Tax Period
2023-10-01 to 2024-09-30

THE SANTA FE OPERA, founded in 1957, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $35.1M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $31.8M left a modest 10% surplus.

Mission

TO FOSTER AND ENRICH AN UNDERSTANDING AND APPRECIATION OF THE OPERATIC ART FORM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $16,864,537
Program Service Revenue $10,629,740
Investment Income $6,156,050
Other Revenue $1,435,176
TOTAL REVENUE $35,085,503

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,577,289
Fundraising Expenses $2,091,180
Program Expenses $24,431,824
Other Expenses $17,174,198
TOTAL EXPENSES $31,751,487

Year-over-Year Comparison

2023 2022 Change
Revenue $35,085,503 $37,298,412 -0.1%
Expenses $31,751,487 $30,967,198 +0.0%
Net Income $3,334,016 $6,331,214 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
44
Independent Members
44
Employees
698
Volunteers
445

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
10
$841,429
Total Directors
45
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN G MARINEAU CHAIR 5.00
Officer Director
$0 $0 $0
FREDERICK R HAAS VICE CHAIR 5.00
Officer Director
$0 $0 $0
BRUCE CHEMEL SECRETARY 5.00
Officer Director
$0 $0 $0
JOHN M HAUPERT TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT J VLADEM FIRST VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
SARAH BILLINGHURST SOLOMON VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
EUGENE E STARK JR VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LYNN LOACKER PRESIDENT 5.00
Officer Director
$0 $0 $0
MEG BOULWARE DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH M BRYAN JR DIRECTOR 1.00
Director
$0 $0 $0
J BRUCE BUGG JR DIRECTOR 1.00
Director
$0 $0 $0
SUSAN ESCO CHANDLER DIRECTOR 1.00
Director
$0 $0 $0
RICHARD H DAVIS DIRECTOR 1.00
Director
$0 $0 $0
DAVID B DILLARD DIRECTOR 1.00
Director
$0 $0 $0
EIVIND K DJUPEDAL DIRECTOR 1.00
Director
$0 $0 $0
REBECCA J DUNCAN DIRECTOR 1.00
Director
$0 $0 $0
DAVID F ERTEL DIRECTOR 1.00
Director
$0 $0 $0
A CHARLES FORTE DIRECTOR 1.00
Director
$0 $0 $0
PETER B FRANK DIRECTOR 1.00
Director
$0 $0 $0
EDWARD T GARCIA DIRECTOR 1.00
Director
$0 $0 $0
CHESTER A GOUGIS DIRECTOR 1.00
Director
$0 $0 $0
GUY L GRONQUIST DIRECTOR 1.00
Director
$0 $0 $0
DONNA HANKINSON DIRECTOR 1.00
Director
$0 $0 $0
KAREN HENDERSON DIRECTOR 1.00
Director
$0 $0 $0
MARITA HINDS DIRECTOR 1.00
Director
$0 $0 $0
MARIANNE KAH DIRECTOR 1.00
Director
$0 $0 $0
WALTER L KIRCHNER DIRECTOR 1.00
Director
$0 $0 $0
MIRANDA Y LIND DIRECTOR 1.00
Director
$0 $0 $0
LIDDIE MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
CYNTHIA A MCCREARY DIRECTOR 1.00
Director
$0 $0 $0
STEVE MENZIES DIRECTOR 1.00
Director
$0 $0 $0
LILLIAN MONTOYA DIRECTOR 1.00
Director
$0 $0 $0
SUSAN F MORRIS DIRECTOR 1.00
Director
$0 $0 $0
GLENN A OSTERGAARD DIRECTOR 1.00
Director
$0 $0 $0
DOMINIC PASCHEL DIRECTOR 1.00
Director
$0 $0 $0
ESTEVAN RAEL-GALVEZ DIRECTOR 1.00
Director
$0 $0 $0
ROBERTA COOPER RAMO DIRECTOR 1.00
Director
$0 $0 $0
CAREY R RAMOS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL ROBBINS DIRECTOR 1.00
Director
$0 $0 $0
BRUCE ROSS DIRECTOR 1.00
Director
$0 $0 $0
HARRIS SMITH DIRECTOR 1.00
Director
$0 $0 $0
IRWIN J SUGARMAN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT L TURNER DIRECTOR 1.00
Director
$0 $0 $0
CHERYL L WILLMAN DIRECTOR 1.00
Director
$0 $0 $0
T PETER TOWNSEND DIRECTOR (THROUGH 01/23/2024) 1.00
Director
$0 $0 $0
ROBERT MEYA GENERAL DIRECTOR 40.00
Officer
$530,961 $61,525 $592,486
HEATHER KEMP CHIEF FINANCIAL OFFICER 40.00
Officer
$207,396 $41,547 $248,943
HARRY BICKET MUSIC DIRECTOR 40.00
Highest
$263,654 $0 $263,654
DAVID LOMELI CHIEF ARTISTIC ADVISOR 40.00
Highest
$189,260 $28,587 $217,847
MICHAEL GARY DIRECTOR OF INSTITUTIONAL GIVING 40.00
Highest
$124,400 $14,920 $139,320
CHRISTOPHER HUFNAGEL DIRECTOR OF OPERATIONS 40.00
Highest
$133,196 $25,168 $158,364
ELIZABETH KELLOGG DIRECTOR OF HUMAN RESOURCES 40.00
Highest
$130,375 $15,824 $146,199
ALLISON H SWENSON DIR. OF DEVELOPMENT (THRU 2/10/2023) 40.00
$115,985 $2,980 $118,965
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 $35,085,503 $31,751,487 $191,229,651 $3,334,016
2023 $37,298,412 $30,967,198 $168,375,000 $6,331,214
2022 $33,145,485 $31,184,624 $155,877,411 $1,960,861
2021 $58,576,774 $26,783,686 $178,454,896 $31,793,088
2020 $24,537,384 $16,386,123 $137,539,221 $8,151,261
2019 $30,552,569 $25,713,210 $126,747,815 $4,839,359
2018 $28,165,029 $26,487,420 $121,385,581 $1,677,609
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