Claremont Opera House Inc

Analysis

Claremont Opera House Inc is a registered charity in United States, based in Claremont, NH. It received its IRS tax-exemption ruling in March 1979, 47 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, Claremont Opera House Inc reported income of $558k and spending of $471k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $266k to $558k (+110%), an average of +45% a year. The sharpest change came in the year to June 2024, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Claremont Opera House Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within NH. Charities of a similar size with the same main cause include Loop It Up Savannah ($558k), Principle Wife Inc ($558k) and Preservation Austin ($557k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $71k (15% of expenses). At year end it held assets of $555k against liabilities of $191k, net assets of $364k. It reported 11 employees.