LOS ANGELES OPERA COMPANY

EIN: 952096402 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$50,290,780
Total Expenses
$46,819,143
Total Assets
$108,556,318
Net Assets
$89,002,445
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
CHRISTOPHER KOELSCH
Phone
2139727652
Tax Period
2024-07-01 to 2025-06-30

LOS ANGELES OPERA COMPANY, founded in 1983, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $50.3M in total revenue in fiscal year 2024. Expenses of $46.8M left a modest 7% surplus.

Mission

TO SERVE THE PUBLIC BY PRODUCING WORLD-CLASS OPERA THAT PRESERVES, PROMOTES AND ADVANCES THE ART FORM WHILE EMBODYING THE DIVERSITY, SPIRIT AND ARTISTIC SENSIBILITY UNIQUE TO LOS ANGELES. WE ENVISION AN ENGAGED AND ENLIGHTENED COMMUNITY IN WHICH (CONTINUED ON SCHEDULE O) ALL MEMBERS HAVE THE OPPORTUNITY TO COLLECTIVELY ENJOY THE RICH AESTHETIC, EMOTIONAL, INTELLECTUAL AND CULTURAL EXPERIENCE OF OPERA.

Program Service Accomplishments

Program 1
Expenses: $28,358,965 Revenue: $9,577,951

OPERA: THE COMPANY HELD 30 OPERA PERFORMANCES FOR THE FISCAL YEAR ENDED JUNE 30, 2025. THE COMPANY SOLD 63,000 TICKETS TO MAINSTAGE OPERAS DURING THE YEAR, GENERATING REVENUE OF OVER $9 MILLION.

Program 2
Expenses: $3,226,014 Revenue: $1,026,026

OTHER ARTISTIC PROGRAMS (RECITALS AND OFF GRAND): THE COMPANY PRESENTS OPERAS IN A VARIETY OF LOCATIONS TO INCREASE ACCESSIBILITY, EXPAND THE AUDIENCE, AND PROMOTE THE ART FORM. THESE ACTIVITIES...

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OTHER ARTISTIC PROGRAMS (RECITALS AND OFF GRAND): THE COMPANY PRESENTS OPERAS IN A VARIETY OF LOCATIONS TO INCREASE ACCESSIBILITY, EXPAND THE AUDIENCE, AND PROMOTE THE ART FORM. THESE ACTIVITIES INCLUDE OUR "OFF GRAND" PROGRAMS AND RECITALS FEATURING WORLD RENOWNED OPERA SINGERS. THE COMPANY HELD 4 RECITALS AND 11 OFF GRAND PERFORMANCES.

Program 3
Expenses: $3,369,219 Revenue: $109,647

LA OPERA CONNECTS: LA OPERA CONNECTS IS A PROGRAMMING WING FOCUSING ON EQUITABLE ACCESS TO OPERA, PROVIDING UNIQUE PROGRAMS TO STUDENTS, CHILDREN, AND FAMILIES, AMONGST OTHER AUDIENCES, IN THE LOS...

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LA OPERA CONNECTS: LA OPERA CONNECTS IS A PROGRAMMING WING FOCUSING ON EQUITABLE ACCESS TO OPERA, PROVIDING UNIQUE PROGRAMS TO STUDENTS, CHILDREN, AND FAMILIES, AMONGST OTHER AUDIENCES, IN THE LOS ANGELES REGION. IN THE 2024-2025 SEASON, LA OPERA PARTNERED WITH NUMEROUS SCHOOLS AND COMMUNITY ORGANIZATIONS TO PROVIDE PROGRAMMING TO OVER 140,000 INDIVIDUALS. PROGRAMS INCLUDED ARTS AND HEALTHCARE PROGRAMS, K-12 AND COLLEGE PROGRAMS, PUBLIC PERFORMANCES, AND COMMUNITY OPERA ENSEMBLES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $32,260,976
Program Service Revenue $10,877,261
Investment Income $4,354,165
Other Revenue $2,798,378
TOTAL REVENUE $50,290,780

Expense Breakdown

Grants Paid $143,000
Salaries & Benefits $32,355,882
Fundraising Expenses $5,207,804
Program Expenses $36,836,109
Other Expenses $14,191,123
TOTAL EXPENSES $46,819,143

Year-over-Year Comparison

2024 2023 Change
Revenue $50,290,780 $46,611,716 +0.1%
Expenses $46,819,143 $51,141,852 -0.1%
Net Income $3,471,637 $-4,530,136 -1.8%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
100
Independent Members
98
Employees
891
Volunteers
294

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
18
$2,993,549
Total Directors
101
$1,001,078
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES CONLON EX. OFFICIO DIR., MUSIC DIRECTOR 20.00
Director
$0 $0 $0
CHRISTOPHER G KOELSCH EX. OFFICIO DIR., PRES. & CEO 40.00
Officer Director
$974,878 $26,200 $1,001,078
MARC I STERN HONORARY CHAIRMAN 10.00
Officer Director
$0 $0 $0
KEITH R LEONARD CHAIRMAN 10.00
Officer Director
$0 $0 $0
CAROL F HENRY CHAIRMAN, EXECUTIVE COMMITTEE 5.00
Officer Director
$0 $0 $0
BERNARD A GREENBERG VICE CHAIRMAN EMERITUS 2.00
Officer Director
$0 $0 $0
LESLIE A DORMAN VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
ROBERT RONUS VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
EUGENE P STEIN VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
MARILYN ZIERING VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
REGINA WEINGARTEN VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
PENELOPE FOLEY TREASURER 5.00
Officer Director
$0 $0 $0
PAUL D TOSETTI SECRETARY 5.00
Officer Director
$0 $0 $0
MR AHSAN AIJAZ DIRECTOR 2.00
Director
$0 $0 $0
PATRICIA N ARTIGAS DIRECTOR 2.00
Director
$0 $0 $0
JAMES R ASPERGER DIRECTOR 2.00
Director
$0 $0 $0
HAIG S BAGERDJIAN DIRECTOR 2.00
Director
$0 $0 $0
FRANK BAXTER LIFE TRUSTEE 2.00
Director
$0 $0 $0
PAUL BLOCH DIRECTOR 2.00
Director
$0 $0 $0
LISA BRATKOVICH DIRECTOR 2.00
Director
$0 $0 $0
DR IMAN H BRIVANLOU DIRECTOR 2.00
Director
$0 $0 $0
MR BRIAN BROOKS DIRECTOR 2.00
Director
$0 $0 $0
BARBARA BURTIN DIRECTOR 2.00
Director
$0 $0 $0
MARLENE CHAVEZ DIRECTOR 2.00
Director
$0 $0 $0
JANET CIRIELLO DIRECTOR 2.00
Director
$0 $0 $0
ALICIA CLARK LIFE TRUSTEE 2.00
Director
$0 $0 $0
ROBERT T COOK DIRECTOR 2.00
Director
$0 $0 $0
ALICE COULOMBE DIRECTOR (THRU 9/12/24) 2.00
Director
$0 $0 $0
ALEXIS DEUTSCH-ADLER DIRECTOR 2.00
Director
$0 $0 $0
KATHLEEN K EBERHARDT DIRECTOR 2.00
Director
$0 $0 $0
MRS CHAZ EBERT DIRECTOR 2.00
Director
$0 $0 $0
GEOFF EMERY DIRECTOR 2.00
Director
$0 $0 $0
DR ANNETTE ERMSHAR DIRECTOR 2.00
Director
$0 $0 $0
DON E FRANZEN LIFE TRUSTEE 2.00
Director
$0 $0 $0
DR MICHAEL A FRIEDMAN DIRECTOR 2.00
Director
$0 $0 $0
SHAUDI FULP DIRECTOR (AS OF 12/11/24) 2.00
Director
$0 $0 $0
ALEXANDER FURLOTTI DIRECTOR 2.00
Director
$0 $0 $0
JUAN CARLOS GONZALEZ DIRECTOR 2.00
Director
$0 $0 $0
THOMAS GOTTSCHALK DIRECTOR 2.00
Director
$0 $0 $0
DIANE GRAY DIRECTOR 2.00
Director
$0 $0 $0
MONICA GUTIERREZ-ROPER DIRECTOR 2.00
Director
$0 $0 $0
CORNELIA HAAG-MOLKENTELLERPHD DIRECTOR 2.00
Director
$0 $0 $0
NICOLAS HAMATAKE DIRECTOR 2.00
Director
$0 $0 $0
CATHERINE H HELM DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM CHASE HODGE-BROKENBURR DIRECTOR 2.00
Director
$0 $0 $0
JOAN HOTCHKIS LIFE TRUSTEE 2.00
Director
$0 $0 $0
RIAN JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
TIM C JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
MS JANET C JONES DIRECTOR 2.00
Director
$0 $0 $0
RICHARD JONES DIRECTOR 2.00
Director
$0 $0 $0
MONIQUE KAGAN DIRECTOR 2.00
Director
$0 $0 $0
LAWRENCE A KERN DIRECTOR 2.00
Director
$0 $0 $0
THOMAS F KRANZ DIRECTOR 2.00
Director
$0 $0 $0
SHERRY LANSING LIFE TRUSTEE 2.00
Director
$0 $0 $0
ALI LEEMANN DIRECTOR (AS OF 9/17/24) 2.00
Director
$0 $0 $0
SCOTT R LORD DIRECTOR 2.00
Director
$0 $0 $0
NORA MANELLA DIRECTOR 2.00
Director
$0 $0 $0
LINDA MAY DIRECTOR (AS OF 12/11/24) 2.00
Director
$0 $0 $0
CLAUDE MANN DIRECTOR 2.00
Director
$0 $0 $0
PATTY MCKENNA DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER MCCORMICK DIRECTOR 2.00
Director
$0 $0 $0
JAMES MULALLY DIRECTOR 2.00
Director
$0 $0 $0
GARY MURPHY DIRECTOR 2.00
Director
$0 $0 $0
GREGORY NAVA DIRECTOR 2.00
Director
$0 $0 $0
OLIVIA NEECE DIRECTOR (AS OF 12/11/24) 2.00
Director
$0 $0 $0
DR LESLIE A PAM PHD DIRECTOR 2.00
Director
$0 $0 $0
LINDA PASCOTTO DIRECTOR 2.00
Director
$0 $0 $0
ANDREA PESSINO DIRECTOR 2.00
Director
$0 $0 $0
LINDA PIERCE DIRECTOR 2.00
Director
$0 $0 $0
HAROLD B RAY DIRECTOR 2.00
Director
$0 $0 $0
BARRY A SANDERS DIRECTOR 2.00
Director
$0 $0 $0
LIONEL SAUVAGE DIRECTOR 2.00
Director
$0 $0 $0
HEINRICH SCHELBERT DIRECTOR 2.00
Director
$0 $0 $0
CHARLOTTE SCHOENMANN DIRECTOR (AS OF 3/18/25) 2.00
Director
$0 $0 $0
R CARLTON SEAVER DIRECTOR 2.00
Director
$0 $0 $0
LISA SEE DIRECTOR 2.00
Director
$0 $0 $0
TINA SEGEL DIRECTOR 2.00
Director
$0 $0 $0
JOAN SEIDEL DIRECTOR 2.00
Director
$0 $0 $0
LINDA SHAHEEN DIRECTOR 2.00
Director
$0 $0 $0
MARILYN SHAPIRO DIRECTOR 2.00
Director
$0 $0 $0
MARVIN SHAPIRO DIRECTOR 2.00
Director
$0 $0 $0
SUSAN SHAPIRO DIRECTOR 2.00
Director
$0 $0 $0
ERIC L SMALL DIRECTOR 2.00
Director
$0 $0 $0
DR VINA SPIEHLER DIRECTOR 2.00
Director
$0 $0 $0
TERRY STANFILL LIFE TRUSTEE 2.00
Director
$0 $0 $0
MRS JANET STANFORD DIRECTOR 2.00
Director
$0 $0 $0
DEANIE STEIN DIRECTOR 2.00
Director
$0 $0 $0
DR ELLEN G STRAUSS PHD DIRECTOR 2.00
Director
$0 $0 $0
MIMI TECHENTIN DIRECTOR 2.00
Director
$0 $0 $0
BARBARA AUGUSTA TEICHERT DIRECTOR 2.00
Director
$0 $0 $0
RICHARD TROOP LIFE TRUSTEE 2.00
Director
$0 $0 $0
BRIGITTA B TROY DIRECTOR 2.00
Director
$0 $0 $0
GILLIAN WAGNER DIRECTOR 2.00
Director
$0 $0 $0
CHRIS WALKER DIRECTOR 2.00
Director
$0 $0 $0
GEOFFREY P WHARTON DIRECTOR 2.00
Director
$0 $0 $0
ALYCE WILLIAMSON LIFE TRUSTEE 2.00
Director
$0 $0 $0
ANDREW XU DIRECTOR 2.00
Director
$0 $0 $0
ZEV YAROSLAVSKY DIRECTOR 2.00
Director
$0 $0 $0
ELLEN ZETCHER DIRECTOR 2.00
Director
$0 $0 $0
JOAKIM ZETTERBERG DIRECTOR 2.00
Director
$0 $0 $0
ANN ZIFF DIRECTOR 2.00
Director
$0 $0 $0
JOHN P NUCKOLS EVP, CHIEF STRATEGIC OFFICER 40.00
Officer
$496,469 $14,435 $510,904
RUPERT H F HEMMINGS VP, ARTISTIC PLANNING 40.00
Officer
$320,961 $32,288 $353,249
KATHLEEN A RUIZ VP, CFO 40.00
Officer
$303,904 $57,765 $361,669
DIANE RHODES BERGMAN VP, MARKETING, COMM & TECH SERVICES 40.00
Officer
$263,814 $51,021 $314,835
JILL K BOYD VP, HR & LABOR RELATIONS 40.00
Officer
$251,028 $12,061 $263,089
ANDREA FUENTES VP, LA OPERA CONNECTS 40.00
Officer
$179,775 $8,950 $188,725
PATRICIA C MCLEOD SR DIRECTOR OF DEVT. (THRU 11/4/24) 40.00
Highest
$230,948 $16,177 $247,125
CHUL PARK SR DIRECTOR OF TECHNOLOGY SERVICES 40.00
Highest
$204,137 $17,892 $222,029
PAUL HOPPER SR DIRECTOR OF ARTISTIC PLANNING 40.00
Highest
$196,577 $9,433 $206,010
KELLY TRAVIS STAGEHANDS - AUDIO CREW 40.00
Highest
$167,282 $0 $167,282
JEFFREY KLEEMAN TECHNICAL DIRECTOR 40.00
Highest
$162,513 $13,910 $176,423
TEHVON D FOWLER-CHAPMAN FORMER VP, LA OPERA CONNECTS 0.00
$111,203 $1,565 $112,768
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 $50,290,780 $46,819,143 $108,556,318 $3,471,637
2024 $46,611,716 $51,141,852 $105,563,654 $-4,530,136
2023 $39,707,302 $49,737,896 $100,261,098 $-10,030,594
2022 $46,172,417 $47,787,630 $101,706,372 $-1,615,213
2021 $33,564,671 $21,252,471 $111,413,847 $12,312,200
2020 $36,995,799 $41,560,306 $90,291,254 $-4,564,507
2019 $50,910,612 $43,538,377 $97,387,314 $7,372,235
2018 $56,385,810 $43,064,997 $91,977,439 $13,320,813
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