Delaware Valley Opera Corp

Analysis

Delaware Valley Opera Corp is a registered charity in United States, based in LK Huntington, NY. It received its IRS tax-exemption ruling in September 2016, 10 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 December 2023, Delaware Valley Opera Corp reported income of $105k and spending of $139k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $226k to $105k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Valley Opera Corp sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Winsor Music Incorporated ($105k), Chautauqua Playhouse ($105k) and Friends of the Historic Playhouse Theatre Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. At year end it held assets of $353k against liabilities of $219k, net assets of $134k.