Junction City Opera House Inc

Analysis

Junction City Opera House Inc is a registered charity in United States, based in Junction City, KS. It received its IRS tax-exemption ruling in September 2004, 22 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, Junction City Opera House Inc reported income of $1.1m and spending of $549k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $524k to $1.1m (+102%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 219%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Junction City Opera House Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include Shadowland Artists Inc ($1.1m), Freedoms Frontier National Heritage Area Inc ($1.1m) and Lexington Philharmonic Society Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $126k. It paid $213 in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $433k, net assets of $2.1m. It reported 7 employees.