Municipal Opera Company of Allentown Inc

Analysis

Municipal Opera Company of Allentown Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in December 1952, 74 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, Municipal Opera Company of Allentown Inc reported income of $55k and spending of $60k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $55k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Municipal Opera Company of Allentown Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Richard III Society Inc ($55k), Chamber Music Corvallis Inc ($55k) and Stomp ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 69% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.