The Opera House at Boothbay Harbor

Analysis

The Opera House at Boothbay Harbor is a registered charity in United States, based in Boothbay HBR, ME. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Opera House at Boothbay Harbor reported income of $583k and spending of $580k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $492k to $583k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Opera House at Boothbay Harbor sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within ME. Charities of a similar size with the same main cause include Acappella Ministries Inc ($582k), Venezuelan American Endowment for the Arts Inc ($583k) and Cityarts Inc ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 50% of the total. Other salaries and wages came to $188k. At year end it held assets of $3.0m against liabilities of $708, net assets of $3.0m. It reported 3 employees.