Lyric Opera Qalicb Inc
EIN: 452480257 · Kansas City, MO
| Metric | Value |
|---|---|
| Total Expenses | $797K |
| Net Assets | $-1,312,403 |
Is Lyric Opera Qalicb Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lyric Opera Qalicb Inc
Lyric Opera Qalicb Inc (EIN: 452480257) is a nonprofit organization based in Kansas City, MO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lyric Opera Qalicb Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lyric Opera Qalicb Inc is a small nonprofit, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $567K |
| Total Expenses | $797K |
| Surplus / Deficit | $-229,986 |
| Total Assets | $9.0M |
| Total Liabilities | $10.3M |
| Net Assets | $-1,312,403 |
| Operating Margin | -40.6% |
| Debt-to-Asset Ratio | 114.6% |
| Months of Reserves | 135.0 months |
Financial Health Grade: C
In 2018, Lyric Opera Qalicb Inc reported a deficit of $230K with expenses exceeding revenue, holds 135.0 months of operating reserves (strong position), has a debt-to-asset ratio of 114.6% (high leverage).
Financial Trends
Over 7 years of filings (2012–2018), Lyric Opera Qalicb Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +2.4% | +2.4% | -2.3% |
| 2017 | +2.5% | -0.2% | -3.3% |
| 2016 | +-0.0% | -1.3% | -2.5% |
| 2015 | +-0.0% | -30.4% | -2.5% |
| 2014 | -0.2% | +63.7% | -5.6% |
AI Analysis Pending
AI enrichment for Lyric Opera Qalicb Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lyric Opera Qalicb Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $230K, with expenses exceeding revenue.
- Debt-to-asset ratio: 114.6%.
Frequently Asked Questions about Lyric Opera Qalicb Inc
Is Lyric Opera Qalicb Inc a legitimate charity?
Lyric Opera Qalicb Inc (EIN: 452480257) is a registered tax-exempt nonprofit based in Missouri. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Lyric Opera Qalicb Inc spend its money?
Lyric Opera Qalicb Inc reported its financials in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lyric Opera Qalicb Inc tax-deductible?
Lyric Opera Qalicb Inc is registered as a tax-exempt nonprofit (EIN: 452480257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lyric Opera Qalicb Inc located?
Lyric Opera Qalicb Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 452480257.
How many years of IRS 990 filings does Lyric Opera Qalicb Inc have?
Lyric Opera Qalicb Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Lyric Opera Qalicb Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Lyric Opera Qalicb Inc's revenue has declined by 26.9%, moving from $776K to $567K. Total assets decreased by 26.9% over the same period, from $12.3M to $9.0M. Total functional expenses rose by 101.6%, from $395K to $797K. In its most recent filing year (2018), Lyric Opera Qalicb Inc reported a deficit of $230K, with expenses exceeding revenue. The organization holds $10.3M in liabilities against $9.0M in assets (debt-to-asset ratio: 114.6%), resulting in net assets of $-1,312,403.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $567K | $797K | $9.0M | $10.3M | — | View 990 |
| 2017 | $554K | $779K | $9.2M | $10.3M | — | View 990 |
| 2016 | $540K | $780K | $9.5M | $10.4M | — | View 990 |
| 2015 | $540K | $790K | $9.7M | $10.4M | — | View 990 |
| 2014 | $540K | $1.1M | $10.0M | $10.4M | — | View 990 |
| 2013 | $541K | $694K | $10.6M | $10.4M | — | View 990 |
| 2012 | $776K | $395K | $12.3M | $11.9M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $567K, expenses of $797K, and assets of $9.0M (revenue +2.4% year-over-year).
- 2017: Revenue of $554K, expenses of $779K, and assets of $9.2M (revenue +2.5% year-over-year).
- 2016: Revenue of $540K, expenses of $780K, and assets of $9.5M (revenue +-0.0% year-over-year).
- 2015: Revenue of $540K, expenses of $790K, and assets of $9.7M (revenue +-0.0% year-over-year).
- 2014: Revenue of $540K, expenses of $1.1M, and assets of $10.0M (revenue -0.2% year-over-year).
- 2013: Revenue of $541K, expenses of $694K, and assets of $10.6M (revenue -30.3% year-over-year).
- 2012: Revenue of $776K, expenses of $395K, and assets of $12.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lyric Opera Qalicb Inc:
Data Sources and Methodology
This transparency report for Lyric Opera Qalicb Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.