Tacoma, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TACOMA OPERA ASSOCIATION PROFESSIONAL SERVICES, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $465K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.
To produce quality grand opera and to provide equitable access and education to the arts. We believe that classical music has the power to engage our community in meaningful and important ways. Promote and include all voices and perspectives including special attention and consideration of traditionally marginalized, under-served or under-represented members of our community; forge inroads for young school-aged students to experience live performances in the theaters at no cost; promote the next generation of young singers with our emerging artist program, to create the first professional steps for new, young singers into the world of opera.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $465,407 | $520,849 | -0.1% |
| Expenses | $476,334 | $597,352 | -0.2% |
| Net Income | $-10,927 | $-76,503 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Limuel B Forgey III | General Director | 40 |
Officer
|
$45,469 | $0 | $45,469 |
| Jennifer Hartley | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Fralisa Mcfall | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Susan Connolly | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Heidi Madson | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Ryan Porter | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Maria Balderrama | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Vic Tomono | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Kathryn Mcauley | Treasurer | 1 |
Officer
|
$0 | $0 | $0 |
| Cynthia Branson | Secretary | 1 |
Officer
|
$0 | $0 | $0 |
| John Sanders | Vice President | 1 |
Officer
|
$0 | $0 | $0 |
| Ryan Porter | President | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $465,407 | $476,334 | $121,456 | $-10,927 |
| 2024 | $520,849 | $597,352 | $101,573 | $-76,503 |
| 2023 | $404,972 | $332,345 | $96,285 | $72,627 |
| 2022 | $305,267 | $316,132 | $36,365 | $-10,865 |
| 2021 | $194,148 | $160,268 | $95,544 | $33,880 |
| 2020 | $417,722 | $400,787 | $43,214 | $16,935 |
| 2019 | $299,719 | $324,961 | $34,307 | $-25,242 |
| 2018 | $561,097 | $543,513 | $44,728 | $17,584 |
Compare TACOMA OPERA ASSOCIATION PROFESSIONAL SERVICES with other nonprofits in Washington and across the country.