Bronx Opera Company Inc

Analysis

Bronx Opera Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 1972, 54 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 July 2023, Bronx Opera Company Inc reported income of $249k and spending of $305k, spending 123% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $323k to $249k (-23%), an average of -6.3% a year. The sharpest change came in the year to July 2020, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bronx Opera Company Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Annapolis Group of Liberal Arts Colleges Inc ($249k), National Association of Women Artists Inc ($249k) and Kansas Council on Economic Education ($249k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Other salaries and wages came to $137k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 120 employees.