Rochester Opera House Inc

Analysis

Rochester Opera House Inc is a registered charity in United States, based in Rochester, NH. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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 June 2023, Rochester Opera House Inc reported income of $1.1m and spending of $1.4m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.1m (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rochester Opera House Inc 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 80th percentile, and in the 82nd percentile within NH. Charities of a similar size with the same main cause include Trust U/A with David Flett Dupont the Charitable Fund ($1.1m), McLennan County Youth Activities Association ($1.1m) and Decision Sciences Institute Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $94k (6.9% of expenses). Other salaries and wages came to $267k. At year end it held assets of $1.6m against liabilities of $536k, net assets of $1.0m. It reported 21 employees.