Civic Light Opera Association

Analysis

Civic Light Opera Association is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 1947, 79 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 December 2023, Civic Light Opera Association reported income of $9.8m and spending of $13.7m, spending 139% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $11.5m to $9.8m (-15%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income rose by 250%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Civic Light Opera Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Lyric Foundation Inc ($9.8m), Baltimore Public Media Corporation ($9.9m) and Eaa Aviation Foundation Inc ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $602k (4.4% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $11.4m against liabilities of $2.4m, net assets of $9.0m. It reported 406 employees.