Friends of the Opera House at Enosburg Falls VT

Analysis

Friends of the Opera House at Enosburg Falls VT is a registered charity in United States, based in Enosburg FLS, VT. It received its IRS tax-exemption ruling in February 1997, 29 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, Friends of the Opera House at Enosburg Falls VT reported income of $53k and spending of $40k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $53k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Opera House at Enosburg Falls VT sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 13th percentile within VT. Charities of a similar size with the same main cause include Emerald Elite Booster Association ($53k), Sons and Daughters of the 442nd Regimental Combat Team ($53k) and Interactive Educational Theatre Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 56% of the total. At year end it held assets of $120k against liabilities of $435, net assets of $120k.