Opera Modesto INC EIN 77-0013155

Opera Modesto INC

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Presents opera to enrich life in the Central Valley. For fiscal year 2025 it reported $692K in revenue, $653K in expenses, and $119K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Modesto, CA
Website
www.operamodesto.org
Filings
6 on file (2020–2025)
Revenue
$692KFY2025
Expenses
$653K
Net assets
$119K
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  77-0013155 Public charity (501(c)(3)) Modesto, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Presents opera to enrich life in the Central Valley.
Leadership
Roy Stevens · General Direct · $85K
Money in and out
$692K revenue, $653K expenses
Bottom line
75% program efficiency
Where the money goes · FY2025
Total revenue
$692K
Pt VIII · Ln 12
Total expenses
$653K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $39K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.12 Fundraising $0.13
Program efficiency
75%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
2.1mo
months of highly liquid reserves at operating expense rate▲ +91% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +128% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$692K
FY2025▲ +21%
Expenses
$653K
FY2025▼ -5%
Total assets
$127K
FY2025▲ +51%
Total liabilities
$8K
FY2025▲ +71%
Total revenue
$692K
Pt VIII · Ln 12
Total expenses
$653K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$39K
Total assetsPt X · Ln 16$127K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $488K of program spending, described in the organization's own filed words · FY2024.
01

Opera modesto,the only professional opera company in the central

$488Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpera Modesto INC
EINHdr · item D77-0013155
Principal addressHdr · item CModesto, CA
WebsiteHdr · item Jwww.operamodesto.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A6AZ)
Ruling yearIRS BMFMar 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
General Direct
$85,000Pt VII · Sec A
Artistic Direc
$68,560Pt VII · Sec A
Past President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Roy Stevens’s $85K as General Direct is at the 79th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Roy Stevens$85,000$85,000$85,000$80,000$80,000$75,000
Annalisa Winbe$68,560$68,560
Jewel Whitaker$64,480$58,240$46,000
Jewel Whitaker$46,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$442K · 64%
Program service revenue$250K · 36%
Contributions & grants64%$442K
Program service revenue36%$250K
Other revenue$84
Total revenueLn 12$692K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.12 Fundraising $0.13
Program services75%$488K
Management & general12%$78K
Fundraising13%$87K
Total functional expensesLn 25$653K

Balance Sheet

Part X · end of year
CashLn 1$115K
Total assetsLn 16$127K
Total liabilitiesLn 26$8K
Total net assetsLn 32$119K
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $115K · Operating expenses/yr $653K
2.1 months
Where the money goes
Program services
Program services $488K · Total expenses $653K
75%
Management & General
Management & general $78K · Total expenses $653K
12%
Fundraising
Fundraising $87K · Total expenses $653K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $68K · Solicited contributions (3-yr avg) $335K
$0.20 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $442K · Total revenue $692K
64%
Government reliance
Government grants — · Total revenue $692K
Earned-income share
Program service revenue $250K · Total revenue $692K
36%
Investment reliance
Investment income $0 · Total revenue $692K
0%
Program self-sufficiency
Program service revenue $250K · Total expenses $653K
38%
Growth & trend
Revenue growth (YoY)
This year $692K · Prior year $572K
+21%
Revenue CAGR
FY2019 $329K · FY2024 $692K
+16%
Net-asset trend (YoY)
End of year $119K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $692K · Expenses $653K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $127K
Net-asset ratio
Net assets $119K · Total assets $127K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $127K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Roy Stevens · Reported title GENERAL DIRECT · Highest reported compensation $85K · Total expenses $653K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $219K · Total expenses $653K
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 12%
Fundraising cost ratio 20%
Revenue growth 21%
Accounting fee ratio 0.1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$692K revenue · viewing · ⤓ 990 PDF
FY2024$572K revenue · ⤓ 990 PDF
FY2023$603K revenue · ⤓ 990 PDF
FY2022$469K revenue · ⤓ 990 PDF
FY2021$439K revenue · ⤓ 990 PDF
FY2020$329K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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