PORTLAND OPERA ASSOCIATION INC

EIN: 936034321 501(c)(3) Arts, Culture & Humanities

PORTLAND, OR

Total Revenue
$2,096,616
Total Expenses
$7,721,651
Total Assets
$11,196,828
Net Assets
$4,945,025
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
OR
Principal Officer
KREGG ARNSTON
Phone
5032411407
Tax Period
2024-07-01 to 2025-06-30

PORTLAND OPERA ASSOCIATION INC, founded in 1965, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $7.7M exceeded revenue, resulting in a 268% operating deficit.

Mission

WE GATHER AND INSPIRE AUDIENCES, ARTISTS, AND COLLABORATORS TO CREATE SHARED OPERA EXPERIENCES THAT ENLIVEN AND CONNECT US ALL, ENHANCING THE CULTURAL LANDSCAPE OF THE BEAUTIFUL PACIFIC NORTHWEST.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,269,995
Program Service Revenue $483,556
Investment Income $294,954
Other Revenue $48,111
TOTAL REVENUE $2,096,616

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,779,113
Fundraising Expenses $749,273
Program Expenses $5,718,792
Other Expenses $2,942,538
TOTAL EXPENSES $7,721,651

Year-over-Year Comparison

2024 2023 Change
Revenue $2,096,616 $5,434,546 -0.6%
Expenses $7,721,651 $7,333,523 +0.1%
Net Income $-5,625,035 $-1,898,977 +2.0%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
297
Volunteers
25

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
7
$267,937
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLE MORSE PRESIDENT 1.50
Officer Director
$0 $0 $0
KREGG ARNSTON VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
JAMEY HAMPTON VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
GREGORY BROWN SECRETARY 1.50
Officer Director
$0 $0 $0
LARRY ROPER TREASURER 1.50
Officer Director
$0 $0 $0
KATHERINE DE LA FOREST DIRECTOR 1.50
Director
$0 $0 $0
HUGH HARRIS DIRECTOR 1.50
Director
$0 $0 $0
CHRISTINE LEWIS DIRECTOR 1.50
Director
$0 $0 $0
CAROL TURNER DIRECTOR 1.50
Director
$0 $0 $0
NICHOLE ANGLIN DIRECTOR 1.50
Director
$0 $0 $0
SUSAN DIXON GENERAL DIRECTOR 40.00
Officer
$170,343 $15,671 $186,014
MELISSA BUXTON CFO 40.00
Officer
$81,923 $0 $81,923
ANNA LABYKINA DIRECTOR OF PRODUCTION 40.00
Highest
$127,275 $6,998 $134,273
ALFRELYNN ROBERTS ARTISTIC DIRECTOR 40.00
Highest
$117,860 $6,916 $124,776
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 $2,096,616 $7,721,651 $11,196,828 $-5,625,035
2024 No data No data No data No data
2023 $6,330,002 $8,725,554 $20,771,910 $-2,395,552
2022 $6,427,298 $7,098,809 $27,962,888 $-671,511
2021 $4,509,949 $3,475,331 $29,661,046 $1,034,618
2020 $5,323,206 $5,495,480 $29,168,847 $-172,274
2019 $5,351,974 $7,575,925 $29,989,646 $-2,223,951
2018 $6,623,014 $7,804,689 $30,960,833 $-1,181,675
Explore More Nonprofits
→Top 100 Nonprofits in Oregon →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PORTLAND OPERA ASSOCIATION INC with other nonprofits in Oregon and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.