Opera North

Analysis

Opera North is a registered charity in United States, based in Lebanon, NH. It received its IRS tax-exemption ruling in December 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Opera North reported income of $660k and spending of $849k, spending 129% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $862k to $660k (-23%), an average of -6.5% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 90% 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 North sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within NH. Charities of a similar size with the same main cause include South Georgia Ballet ($659k), Spanish River Concerts Inc ($660k) and Uss Yorktown Foundation ($659k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $50k (5.9% of expenses). Other salaries and wages came to $241k. At year end it held assets of $386k against liabilities of $187k, net assets of $199k. It reported 29 employees.