Civic Intelligence

Pocket Opera Inc.

990 • Fiscal year 2023 • EIN 94-2418029

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 01, 2024

469 Bryant StSan Francisco, CA 94107-1316

(415) 972-8930

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

17th percentile

-25%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$50,400

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

15th percentile

-37%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-22%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$137,198

Down $78,991 (-37%) from 2022

Net Assets

Down

$137,198

Down $78,991 (-37%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$391,868

Down $110,674 (-22%) from 2022

Expenses

Down

$490,218

Down $6,060 (-1.2%) from 2022

Net Income

Down

-$98,350

Down $104,614 (-1670%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $51,901Liabilities 2011: $5,409Net Assets 2011: $46,4922011Assets 2012: $51,297Liabilities 2012: $2,927Net Assets 2012: $48,3702012Assets 2013: $44,988Liabilities 2013: $13,219Net Assets 2013: $31,7692013Assets 2014: $63,703Liabilities 2014: $2,528Net Assets 2014: $61,1752014Assets 2015: $45,867Liabilities 2015: $3,104Net Assets 2015: $42,7632015Assets 2016: $35,516Liabilities 2016: $3,184Net Assets 2016: $32,3322016Assets 2017: $22,471Liabilities 2017: $250Net Assets 2017: $22,2212017Assets 2018: $23,734Liabilities 2018: $0Net Assets 2018: $23,7342018Assets 2019: $13,905Liabilities 2019: $0Net Assets 2019: $13,9052019Assets 2020: $91,655Liabilities 2020: $26,493Net Assets 2020: $65,1622020Assets 2021: $224,814Liabilities 2021: $0Net Assets 2021: $224,8142021Assets 2022: $216,189Liabilities 2022: $0Net Assets 2022: $216,1892022Assets 2023: $137,198Liabilities 2023: $0Net Assets 2023: $137,1982023Assets 2024: $176,162Liabilities 2024: $0Net Assets 2024: $176,1622024

Highlighted filing

2023

Assets$137,198
Liabilities$0
Net Assets$137,198

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $273,032Expenses 2011: $290,026Net Income 2011: -$16,9942011Revenue 2012: $246,950Expenses 2012: $245,072Net Income 2012: $1,8782012Revenue 2013: $240,668Expenses 2013: $257,269Net Income 2013: -$16,6012013Revenue 2014: $296,733Expenses 2014: $267,327Net Income 2014: $29,4062014Revenue 2015: $272,708Expenses 2015: $291,120Net Income 2015: -$18,4122015Revenue 2016: $342,012Expenses 2016: $343,668Net Income 2016: -$1,6562016Revenue 2017: $297,415Expenses 2017: $300,826Net Income 2017: -$3,4112017Revenue 2018: $353,490Expenses 2018: $325,834Net Income 2018: $27,6562018Revenue 2019: $295,849Expenses 2019: $287,314Net Income 2019: $8,5352019Revenue 2020: $291,768Expenses 2020: $214,512Net Income 2020: $77,2562020Revenue 2021: $344,211Expenses 2021: $201,597Net Income 2021: $142,6142021Revenue 2022: $502,542Expenses 2022: $496,278Net Income 2022: $6,2642022Revenue 2023: $391,868Expenses 2023: $490,218Net Income 2023: -$98,3502023Revenue 2024: $454,664Expenses 2024: $443,118Net Income 2024: $11,5462024

Highlighted filing

2023

Revenue$391,868
Expenses$490,218
Net Income-$98,350
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 1, 2024
Return Version
2022v5.0
Gross Receipts
$413,416
Mission and Program Overview

Mission

Pocket Opera exists to present and promote opera in an engaging way in English settings with minimal props and chamber orchestrations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$216,189$137,198▼ $78,991
Investments Other Securities$72,599$88,618▲ $16,019
Savings and Temporary Cash Investments$23,300$27,067▲ $3,767
Cash and Non-Interest-Bearing Accounts$120,290$21,513▼ $98,777
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$216,189$137,198▼ $78,991
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$216,189$137,198▼ $78,991
Total Liabilities and Net Assets / Fund Balance$216,189$137,198▼ $78,991

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicolas A AliagaGeneral DirectorFT$50,400$50,400

Board Members and Trustees

NameTitle
Mel BachmeierPresident Director
Peter Susskind1st Vice President Director
Yen Bachmeier2nd Vice President Director
Eva McGheeDirector
Justin MarshDirector
Laura OlsonDirector
Lawrence DillonDirector
Rabihah DunnDirector
Paul Lorton JrSecretary Director
Lisa L MooreTreasurer CFO Director
Revenue and Support

Revenue Composition

Contributions and Grants
$263,299
Program Service Revenue
$133,293
Investment Income
$2,034
Other Revenue
$-6,758
All Other Contributions
$69,964
Change in Net Assets
$-98,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$270,788
Other Expenses$216,430
Total Fundraising Expense$39,986
Professional Fundraising Fees$3,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,192$27,783$13,892$194,867
Current Officers, Directors, Trustees, and Key Employees$20,160$20,160$10,080$50,400
Fees for Services Other$37,260$1,800$0$39,060
Occupancy$9,329$9,329$4,665$23,323
Advertising$22,641$0$0$22,641
Payroll Taxes$14,621$4,044$2,021$20,686
Insurance$5,935$5,935$2,968$14,838
Office Expenses$5,758$5,758$2,878$14,394
All Other Expenses$10,500$0$0$10,500
Travel$6,789$0$0$6,789
Other Expenses$6,265$0$0$6,265
Pension Plan Contributions$4,835$0$0$4,835
Fees for Services Professional Fundraising--$3,000$3,000
Fees for Services Management$962$962$482$2,406
Total Functional Expenses$374,461$75,771$39,986$490,218
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,548
Fundraising Gross Income$14,790
Professional Fundraising Fees$3,000
Gaming Direct Expenses$0
Gaming Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mid-Year Appeal$69,205$0$586$-586
2023 Gala$35,566$14,790$683$14,107
Total Events$104,771$14,790$21,548$-6,758
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

Two directors Mel Bachmeier and Yen Bachmeier are married.

Part VI, Line 11B

The finance committee does the first round of review of the 990. After their review all directors receive by email and review the form prior to filing with the IRS.

Part VI, Line 15

The executive committee surveyed other local arts organizations made a report to the full board and got their approval.

Filing and Contact Details

Filer

Filer Name
Pocket Opera Inc
EIN
94-2418029
In Care Of
% Nicolas Aliaga
Phone
4159728930
Address
469 BRYANT ST, SAN FRANCISCO, CA 94107-1316

Signing Officer

Name
Lisa L Moore
Title
Treasure CFO
Signed
2024-02-01

Organization Details

Formed
1977
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
93
Volunteers
21
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IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0103354
IRS990/GrantAmt0103354
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0413416
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt02968
IRS990/InsuranceGrp/ManagementAndGeneralAmt05935
IRS990/InsuranceGrp/ProgramServicesAmt05935
IRS990/InsuranceGrp/TotalAmt014838
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02034
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt072599
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt088618
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Pocket Opera exists to present and promote opera in an engaging way in English settings with minimal props and chamber orchestrations.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0216189
IRS990/NetAssetsOrFundBalancesEOYAmt0137198
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6758
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt016019
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt04665
IRS990/OccupancyGrp/ManagementAndGeneralAmt09329
IRS990/OccupancyGrp/ProgramServicesAmt09329
IRS990/OccupancyGrp/TotalAmt023323
IRS990/OfficeExpensesGrp/FundraisingAmt02878
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05758
IRS990/OfficeExpensesGrp/ProgramServicesAmt05758
IRS990/OfficeExpensesGrp/TotalAmt014394
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Misc production expenses
IRS990/OtherExpensesGrp/Desc1Theater rental
IRS990/OtherExpensesGrp/Desc2Props and costumes
IRS990/OtherExpensesGrp/Desc3Rehearsal expense
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt034907
IRS990/OtherExpensesGrp/ProgramServicesAmt136960
IRS990/OtherExpensesGrp/ProgramServicesAmt24347
IRS990/OtherExpensesGrp/ProgramServicesAmt36265
IRS990/OtherExpensesGrp/TotalAmt034907
IRS990/OtherExpensesGrp/TotalAmt136960
IRS990/OtherExpensesGrp/TotalAmt24347
IRS990/OtherExpensesGrp/TotalAmt36265
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$4.55$4.43$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$3.92$4.90$0.98
2022Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$5.03$4.96$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$3.44$2.02$1.43
2020Summary only. Only limited summary data is available for this year.$0.92$0.26$0.65$2.92$2.15$0.77
2019Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$2.96$2.87$0.09
2018Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$3.53$3.26$0.28
2017Summary only. Only limited summary data is available for this year.$0.22$0.00$0.22$2.97$3.01$0.03
2016Summary only. Only limited summary data is available for this year.$0.36$0.03$0.32$3.42$3.44$0.02
2015Summary only. Only limited summary data is available for this year.$0.46$0.03$0.43$2.73$2.91$0.18
2014Summary only. Only limited summary data is available for this year.$0.64$0.03$0.61$2.97$2.67$0.29
2013Summary only. Only limited summary data is available for this year.$0.45$0.13$0.32$2.41$2.57$0.17
2012Summary only. Only limited summary data is available for this year.$0.51$0.03$0.48$2.47$2.45$0.02
2011Summary only. Only limited summary data is available for this year.$0.52$0.05$0.46$2.73$2.90$0.17