Opera Orlando Inc

Analysis

Opera Orlando Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2010, 16 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 June 2024, Opera Orlando Inc reported income of $2.2m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $2.2m (+116%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Opera Orlando Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Berks Military History Museum ($2.2m), Florida Railroad Museum Inc ($2.2m) and Mountainfilm Ltd 01-01-94 ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $123k (5.4% of expenses). Other salaries and wages came to $436k. At year end it held assets of $586k against liabilities of $56k, net assets of $531k. It reported 13 employees.