Opera Index Inc

Analysis

Opera Index Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1982, 44 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 July 2023, Opera Index Inc reported income of $227k and spending of $99k, leaving 57% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $34k to $227k (+571%), an average of +571% a year. The sharpest change came in the year to July 2023, when income rose by 571%. Over the whole period it spent 40% 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 Index Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Arts Mission Oak Cliff ($227k), Clog -The National Clogging Leaders Organization Inc- ($227k) and Childrens Museum of the Magic Valley Inc ($227k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 93% and program service revenue 4.1% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.