Taconic Opera Inc

Analysis

Taconic Opera Inc is a registered charity in United States, based in Peekskill, NY. It received its IRS tax-exemption ruling in May 1998, 28 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 2024, Taconic Opera Inc reported income of $137k and spending of $120k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $175k to $137k (-22%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taconic Opera Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Friends of Music Inc ($137k), Umanoorg ($137k) and Afronomicslaw NFP ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 25% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.