The Regina Opera Company Inc

Analysis

The Regina Opera Company Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1985, 41 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 August 2023, The Regina Opera Company Inc reported income of $179k and spending of $178k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $104k to $179k (+73%), an average of +73% a year. The sharpest change came in the year to August 2023, when income rose by 73%. Over the whole period it spent 99% 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 Regina Opera Company Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Arts Center of Orange ($179k), New Dungeness Light Station Association ($179k) and Gresham Historical Society ($179k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. At year end it held assets of $145k against liabilities of $35, net assets of $145k.