Opera at Florham Inc

Analysis

Opera at Florham Inc is a registered charity in United States, based in Convent Sta, NJ. It received its IRS tax-exemption ruling in October 1999, 27 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 at Florham Inc reported income of $68k and spending of $65k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $61k to $68k (+12%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 92% 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 at Florham Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Battlefield High School PTO ($68k), Havens for the Arts Inc ($68k) and Kernsville Foundation Inc ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 34% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.