Springer Opera House Arts Association Inc

Analysis

Springer Opera House Arts Association Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in August 1962, 64 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 June 2023, Springer Opera House Arts Association Inc reported income of $2.5m and spending of $3.7m, spending 150% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $2.5m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Springer Opera House Arts Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Memphis Rock-N-Soul Inc ($2.5m), Prince Georges Arts and Humanities Council Inc ($2.5m) and The Cavaliers Ap&e Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $192k (5.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $18.0m against liabilities of $590k, net assets of $17.4m. It reported 132 employees.