Brown Grand Opera House Inc

Analysis

Brown Grand Opera House Inc is a registered charity in United States, based in Concordia, KS. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brown Grand Opera House Inc reported income of $131k and spending of $160k, spending 122% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $222k to $131k (-41%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brown Grand Opera House Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within KS. Charities of a similar size with the same main cause include Partnership for the Performing Arts ($131k), Coopersville Farm Museum Inc ($131k) and Light in Action Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Other salaries and wages came to $50k. At year end it held assets of $46k against liabilities of $3,690, net assets of $43k. It reported 5 employees.