Opportunity 4 Entertainers and Performing Arts

Analysis

Opportunity 4 Entertainers and Performing Arts is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in March 2018, 8 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, Opportunity 4 Entertainers and Performing Arts reported income of $51k and spending of $49k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $23k to $51k (+120%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Opportunity 4 Entertainers and Performing Arts sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AL. Charities of a similar size with the same main cause include Theater 2020 Inc ($51k), Zumix Firehouse Inc ($51k) and New England Motorcycle Museum Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,005 against liabilities of $0, net assets of $2,005.