Friends of the Opera House

Analysis

Friends of the Opera House is a registered charity in United States, based in Elgin, OR. It received its IRS tax-exemption ruling in December 2008, 18 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, Friends of the Opera House reported income of $466k and spending of $559k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $466k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 262%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Opera House sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OR. Charities of a similar size with the same main cause include Bear Creek Federation Inc ($466k), Tennessee Performing Arts Foundation ($466k) and Sweet Jane Productions Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 62% of the total. Other salaries and wages came to $145k. At year end it held assets of $508k against liabilities of $40k, net assets of $468k. It reported 9 employees.