West Valley Light Opera Association is located in Los Gatos, CA. The organization was established in 1972. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Valley Light Opera Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, West Valley Light Opera Association generated $165.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $234.5k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FISCAL YEAR 2022 PERFORMANCE SEASON WAS THE FIRST RUN OF PRODUCTIONS SINCE THE COVID-19 LOCKDOWNS STARTED. THE SEASON WAS SHORTENED TO ONLY TWO PRODUCTION RUNS INSTEAD OF THE USUAL THREE PRODUCTIONS DUE TO COUNTY HEALTH RESTRICTIONS. TICKET SALES WERE DOWN AS THE GENERAL PUBLIC WAS STILL HESITANT TO PARTICIPATE IN LARGE GATHERINGS, BUT FUTURE SHOWS LOOK TO HAVE AN INCREASE IN ATTENDANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ed Hand CEO | 14 | $0 | |
Judith Pincus Secretary | 15 | $0 | |
Robin Reynolds CFO | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,459 |
Total Program Service Revenue | $137,548 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,628 |
Total Revenue | $165,635 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $64,629 |
Professional fees and other payments to independent contractors | $4,371 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $15,250 |
Other expenses | $150,221 |
Total expenses | $234,471 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $286,883 |
Other assets | $0 |
Total assets | $286,883 |
Total liabilities | $0 |
Net assets or fund balances | $286,883 |