Driver Opera House Restoration Inc

Analysis

Driver Opera House Restoration Inc is a registered charity in United States, based in Darlington, WI. It received its IRS tax-exemption ruling in January 2013, 13 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, Driver Opera House Restoration Inc reported income of $405k and spending of $61k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $405k (+304%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 723%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Driver Opera House Restoration 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 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include India Society of Worcester Mass ($405k), Songbirds Foundation Inc ($405k) and Global Gallery Inc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $3.2m against liabilities of $1.2m, net assets of $2.1m.