Opera Louisiane Inc

Analysis

Opera Louisiane Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in February 2008, 18 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, Opera Louisiane Inc reported income of $398k and spending of $407k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $438k to $398k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 97% 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 Louisiane Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within LA. Charities of a similar size with the same main cause include The Point Theater Inc ($398k), Inyo Council for the Arts ($398k) and Classical Recording Foundation Inc ($398k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $55k (13% of expenses). Other salaries and wages came to $89k. At year end it held assets of $126k against liabilities of $3,015, net assets of $123k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.