Old Opera House Theatre Company Inc

Analysis

Old Opera House Theatre Company Inc is a registered charity in United States, based in Charles Town, WV. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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, Old Opera House Theatre Company Inc reported income of $772k and spending of $599k, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $489k to $772k (+58%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Opera House Theatre Company Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include Abram Housing Corporation ($772k), Bangor Area Comprehensive Transportation System ($772k) and International Cytokine and Interferon Society Inc ($772k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 58% of the total. Other salaries and wages came to $149k. At year end it held assets of $1.1m against liabilities of $175k, net assets of $910k. It reported 5 employees.