BARN OPERA INC (EIN 862778352) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

JOSHUA COLLIER

Phone

8027725601

Tax Period

2024-01-01 to 2024-12-31

BARN OPERA INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $210K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Net assets of $574K represent 33 months of operating reserves.

Mission

1. PROVIDE AVAILABILITY OF THE OPERATIC FORM2. PROMOTE PROFESSIONAL GROWTH, EDUCATION AND DEVELOPMENT OF EMERGING OPERATIC ARTISTS3. PROMOTE AND SUPPORT OPERATIC MEDIUM AND MUSICAL EDUCATION IN THE COMMUNITY AT LARGE4. PROMOTE PUBLIC AWARENESS OF THE INTRINSIC vALUE OF OPERATIC EXPOSURE AND EDUCATION FOR ALL COMMUNITY MEMBERS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,323

Program Service Revenue $122,701

Investment Income $11,564

Other Revenue $500

TOTAL REVENUE $210,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,792

Fundraising Expenses $0

Program Expenses $202,154

Other Expenses $189,226

TOTAL EXPENSES $219,018

Year-over-Year Comparison

	2024	2023	Change
Revenue	$210,088	$169,213	+0.2%
Expenses	$219,018	$190,990	+0.1%
Net Income	$-8,930	$-21,777	-0.6%

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

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

Total Directors

$29,792

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA COLLIER	ARTISTIC DIRECT	20.00	Director	$29,792	$0	$29,792
ELLEN TROTTIER	Treasurer	5.00	Director	$0	$0	$0
RUSS MCCOLMAN	President	10.00	Officer Director	$0	$0	$0
FRANK SPEZZANO	Director	1.00	Director	$0	$0	$0
BARBARA WHITE	Director	1.00	Director	$0	$0	$0
SUSAN GAGE	Director	5.00	Officer Director	$0	$0	$0
AMBER NARAMORE	Secretary	5.00	Officer Director	$0	$0	$0
MANUEL BALDERAS	Director	1.00	Director	$0	$0	$0
JEAN SEELER-GIFFORD	Director	1.00	Director	$0	$0	$0
KEISHA LUCE	Director	1.00	Director	$0	$0	$0
WHITNEY SANDERFER-SMITH	Director	1.00	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
2024	$210,088	$219,018	$588,659	$-8,930
2023	$169,213	$190,990	$597,589	$-21,777
2022	$196,598	$130,603	$619,366	$65,995
2021	$218,622	$64,395	$553,371	$154,227

BARN OPERA INC