SACRAMENTO PHILHARMONIC & OPERA FO… - Form 990 Financial Data

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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

1967

Legal Domicile

Principal Officer

GIULIANO KORNBERG

Phone

9165947333

Tax Period

2024-07-01 to 2025-06-30

SACRAMENTO PHILHARMONIC & OPERA FOUNDATION, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $217K in total revenue in fiscal year 2024. Net assets of $3.7M represent 206 months of operating reserves.

Mission

AN ENDOWMENT FUND IN SUPPORT OF THE SACRAMENTO REGION AND PERFORMING ARTS ALLIANCE.

Program Service Accomplishments

Program 1

Expenses: $221,166

THE SACRAMENTO PHILHARMONIC & OPERA FOUNDATION EXISTS TO BUILD, MANAGE, AND PROTECT AN ENDOWMENT TO BE USED EXCLUSIVELY TO PROVIDE OPERATING FUNDS AND SUPPORT TO SACRAMENTO REGION PERFORMING ARTS...

THE SACRAMENTO PHILHARMONIC & OPERA FOUNDATION EXISTS TO BUILD, MANAGE, AND PROTECT AN ENDOWMENT TO BE USED EXCLUSIVELY TO PROVIDE OPERATING FUNDS AND SUPPORT TO SACRAMENTO REGION PERFORMING ARTS ALLIANCE, A RELATED NOT-FOR-PROFIT PUBLIC BENEFIT ORGANIZATION. TO THAT END, $188,000 IN GRANTS WERE GIVEN TO THE ALLIANCE TO FURTHER THEIR ACTIVITIES FOR FY25.

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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 $2,500

Program Service Revenue $0

Investment Income $214,351

Other Revenue $0

TOTAL REVENUE $216,851

Expense Breakdown

Grants Paid $188,000

Salaries & Benefits $0

Fundraising Expenses $1,185

Program Expenses $221,166

Other Expenses $40,326

TOTAL EXPENSES $228,326

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,851	N/A	N/A
Expenses	$228,326	N/A	N/A
Net Income	$-11,475	$0	N/A

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

$151,672

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHEREE MEYER	PRESIDENT	1.00	Director	$0	$0	$0
SUE MILLER	SECRETARY	1.00	Director	$0	$0	$0
JENNIFER HARRIS	TREASURER	1.00	Director	$0	$0	$0
DAVID MOTES	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MOORE	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL GODT	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE NELSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SHIREY	DIRECTOR	1.00	Director	$0	$0	$0
DICK OSEN	DIRECTOR	1.00	Director	$0	$0	$0
GIULIANO KORNBERG	CEO	1.00	Officer	$0	$4,362	$151,672

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	$216,851	$228,326	$3,729,994	$-11,475

SACRAMENTO PHILHARMONIC & OPERA FOUNDATION