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California · Nonprofit

LOS ANGELES OPERA COMPANY

LOS ANGELES OPERA COMPANY (California) receives grants from 80 organizations whose IRS filings report $37,642,274 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($13,173,272). 56 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$50M
Funders on record
80
Grants received
$38M
Net assets
$89M
56/80 repeat funderspeak grant-dependency 15%
01What it does

What Los Angeles Opera Company does

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.

As stated on its FY2025 Form 990.

Programs

  1. 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.

    $28,358,965 spent$9,577,951 earned by the program
    77% of program spending
  2. 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.

    $3,226,014 spent$1,026,026 earned by the program
    9% of program spending
  3. 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.

    $3,369,219 spent$109,647 earned by the program
    9% of program spending
  4. The young artist program seeks to support and develop the careers of promising singers and pianists. This paid residency program provides extensive training and performance experience through main-stage roles, cover roles, concerts and other productions. During the season, young artists appeared in a large number of roles and covers for main-stage productions. Two pianists worked as integral members of the lao music staff, including paying piano for rehearsals of all mainstage productions and playing in the pit for performances. Young artists nurtured connections throughout the industry with active singing roles and winning competitions and grants at opera companies and music programs across the country.

    $1,881,911 spentof which $143,000 as grants$163,637 earned by the program
    5% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $36,836,109.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($44M) Expenses 100 ($42M) Net assets 100 ($55M)2018 Revenue 130 ($56M) Expenses 102 ($43M) Net assets 128 ($71M)2019 Revenue 117 ($51M) Expenses 103 ($44M) Net assets 140 ($77M)2020 Revenue 85 ($37M) Expenses 98 ($42M) Net assets 129 ($72M)2021 Revenue 77 ($34M) Expenses 50 ($21M) Net assets 171 ($95M)2022 Revenue 106 ($46M) Expenses 113 ($48M) Net assets 158 ($87M)2023 Revenue 91 ($40M) Expenses 118 ($50M) Net assets 148 ($82M)2024 Revenue 107 ($47M) Expenses 121 ($51M) Net assets 147 ($81M)2025 Revenue 116 ($50M) Expenses 111 ($47M) Net assets 161 ($89M)
'17'18'19'20'21'22'23'24'25
Revenue (116)Expenses (111)Net assets (161)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $90M to $111M (+23%).

$80M
$92M
$97M
$90M
$111M
$102M
$100M
$106M
$109M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 4% · 2018 2% · 2019 2% · 2020 15% · 2021 23% · 2022 10% · 2023 2% · 2024 4% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

64% of LOS ANGELES OPERA COMPANY’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$1.2M
’17
$13M
’18
$7.4M
’19
−$4.6M
’20
$12M
’21
−$1.6M
’22
−$10M
’23
−$4.5M
’24
$3.5M
’25
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Christopher G Koelsch

Ex. Officio dir., pres. & CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed9799100101103101111111112
Joined·+8+8+8+6+13+25+8+7
No longer listed·6774151586
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 27 funders to 36 funders, grant income rose $3.1M → $6.0M.

29 of 80 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $24M from 7 payers (the payer shares this organization's board, largest Music Center Foundation). These are real filings, and they are not money LOS ANGELES OPERA COMPANY raised.

From the IRS filings of LOS ANGELES OPERA COMPANY’s funders (the co-funder graph). Top 30 of 80 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LOS ANGELES OPERA COMPANY leans on a few funders — its largest provides 35% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LOS ANGELES OPERA COMPANY.

35%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2017 33% · 2018 37% · 2019 54% · 2020 42% · 2021 35% · 2022 39% · 2023 51% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

43% of LOS ANGELES OPERA COMPANY's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

59% of LOS ANGELES OPERA COMPANY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $16M that is directly attributable, 65% of it comes from funders outside California, across 12 states.

IL
NY
NV
PA
NJ
CT
CA
MO
DE
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $22M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LOS ANGELES OPERA COMPANY's revenue grew 16% between 2017 and 2025.

Operating margin7% · below the median
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Government funding LOS ANGELES OPERA COMPANY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $795k on record.

Federal$795k
grants $795kcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • National Endowment for the Arts$795k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LOS ANGELES OPERA COMPANY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 10%Fundraising 11%

Governance

100
board members
98%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Charitable Remainder Trust (1) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for LOS ANGELES OPERA COMPANY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LOS ANGELES OPERA COMPANY?
LOS ANGELES OPERA COMPANY (California) receives grants from 80 organizations whose IRS filings report $37,642,274 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($13,173,272). 56 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does LOS ANGELES OPERA COMPANY have?
IRS filings report 80 organizations giving $37,642,274 in grants to LOS ANGELES OPERA COMPANY, 56 of which have funded it in more than one year.
Who is the largest funder of LOS ANGELES OPERA COMPANY?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $13,173,272 in grants. The full list of funders is on this page.
How can an organization like LOS ANGELES OPERA COMPANY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Los Angeles Opera Company →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 80 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing