Livermore Valley Opera (EIN 943168895) - 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

1993

Legal Domicile

Principal Officer

Bonita M Schmidt

Phone

9253216875

Tax Period

2024-07-01 to 2025-06-30

Livermore Valley Opera, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $535K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $595K exceeded revenue, resulting in a 11% operating deficit.

Mission

To enrich its community by producing world class operas and fostering careers of professional opera singers. LVO encourages a wider appreciation of opera and the associated arts through community outreach.

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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 $317,795

Program Service Revenue $178,559

Investment Income $11,293

Other Revenue $27,226

TOTAL REVENUE $534,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,600

Fundraising Expenses $5,018

Program Expenses $540,947

Other Expenses $560,920

TOTAL EXPENSES $594,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$534,873	$630,764	-0.2%
Expenses	$594,520	$694,204	-0.1%
Net Income	$-59,647	$-63,440	-0.1%

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

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

$2,333

Total Directors

$35,933

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erie Mills	Dir - Artistic	15.00	Director	$18,000	$0	$18,000
Alexander Katsman	Dir - Music	5.00	Director	$15,600	$0	$15,600
Henry Huff	Treasurer	10.00	Officer Director	$1,500	$0	$1,500
Sonya Sheffield	Secretary	10.00	Officer Director	$833	$0	$833
James Schmidt	Director	5.00	Director	$0	$0	$0
Keith Sawyer	President	10.00	Officer Director	$0	$0	$0
Kathleen Tabet	Director	5.00	Director	$0	$0	$0
Raquel Holt	Director	2.00	Director	$0	$0	$0
Monica Kulander	Director	2.00	Director	$0	$0	$0
Pamela Philbert	Director	1.00	Director	$0	$0	$0
Manfred Mondelius	Director	2.00	Director	$0	$0	$0
Pamela Rigg	Director	3.00	Director	$0	$0	$0
Barbara Lynberis	Director	2.00	Director	$0	$0	$0
Rosemary Chang	Director	2.00	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
2025	$534,873	$594,520	$375,379	$-59,647
2023	$542,305	$591,090	$430,352	$-48,785
2022	$552,939	$379,073	$479,137	$173,866
2021	$280,649	$133,173	$305,271	$147,476

Livermore Valley Opera