Opera West

Nonprofit profile at a glance

EIN
821536854
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Santa Fe, NM, USA
Phone
7737209354
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$29,000
Expenses
$24,964
Assets
$23,863
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JANICE T PANTAZELOS (DIRECTOR/PRESIDENT)
  • ELIZABETH VAN ORDEN (SECRETARY/VICE PRESIDENT)

People named in this filing

  • JANICE T PANTAZELOS (DIRECTOR/PRESIDENT)
  • ELIZABETH VAN ORDEN (SECRETARY/VICE PRESIDENT)
  • GEORGIA (ADVISOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Produce classic opera performances

What it reported doing in 2024

Opera west! Of santa fe presents fully staged operas with chamber orchestra as well as performing festival concerts of famous operas. Our mission is "opera for all" in 2024 funding was very small, so opera west did a few small performances to senior centers in santa fe. All the while working to build our company back up and raise funds for 2025 we performed were able to produce a successful puccini festival in spring a fully staged opera "gianni schicchi" in october with chamber orchestra and wonderful professional singers all for ticket prices starting at $25 for adults and $15 for children. We are dedicated to including children in our performances and invite the children to come to dress rehearsals for free. We are happy to reach the diverse community and we also cast both local and national singers who are intersectionality diverse. We are planning to do a french festival featuring fabulous duets, scenes from carmen, samson and dalilah, les troyans, faust and more. We also present operas and festivals that are 2 hours or less. Our audience has grown and we are thrilled to have families and that our tickets are not prohibitive to anyone who wants to come. However with lower tickets and less funding available we are in need of more donors, sponsorships and grants.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 13.9%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -150% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -36.9% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 60.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.