Opera New England of Northeastern Conn Inc

Analysis

Opera New England of Northeastern Conn Inc is a registered charity in United States, based in Pomfret, CT. It received its IRS tax-exemption ruling in June 1977, 49 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 June 2023, Opera New England of Northeastern Conn Inc reported income of $50k and spending of $35k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $35k to $50k (+42%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Opera New England of Northeastern Conn Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within CT. Charities of a similar size with the same main cause include Kirby-Hill House Educational Foundation Inc ($50k), Friends of Henn Mansion Inc ($50k) and Womens Voices Chorus Inc ($50k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.