Valley Light Opera Inc

Analysis

Valley Light Opera Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in July 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Valley Light Opera Inc reported income of $65k and spending of $55k, spending 84% of its income. Across the 3 years on record, from January 2022 to January 2024, income fell from $67k to $65k (-2.6%), an average of -1.3% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valley Light Opera Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include New Mexico Film Foundation ($65k), Tryon Downtown Development ($65k) and Art Alliance of Idyllwild ($65k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.