National Opera House

Analysis

National Opera House is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2021, 5 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 2022, National Opera House reported income of $515k and spending of $1.2m, spending 239% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $1.6m to $515k (-68%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Opera House sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Theater in the Round Players ($515k), Charleston Academy of Music ($515k) and Cincinnati Preservation Association ($515k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $277k (22% of expenses). At year end it held assets of $1.2m against liabilities of $345k, net assets of $841k. It reported 9 employees.