Denver Lyric Opera Guild

Analysis

Denver Lyric Opera Guild is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in January 1975, 51 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 May 2024, Denver Lyric Opera Guild reported income of $165k and spending of $193k, spending 117% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $159k to $165k (+4.0%), an average of +0.8% a year. The sharpest change came in the year to May 2020, when income rose by 121%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denver Lyric Opera Guild sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Association for Preservation Technology Northeast Inc ($165k), Chamber Music Albuquerque ($165k) and Friends of the Riverside Cemetery Inc ($165k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 50% and program service revenue 32% of the total. At year end it held assets of $2.0m against liabilities of $7,855, net assets of $2.0m.