The Opera San Antonio

Analysis

The Opera San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2011, 15 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 2023, The Opera San Antonio reported income of $1.6m and spending of $1.4m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.6m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Opera San Antonio sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Songwriters Hall of Fame Inc ($1.6m), Newton Communications Access Center Inc ($1.6m) and Human Relations Area Files Incorporated ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $135k (9.8% of expenses). Other salaries and wages came to $98k. At year end it held assets of $1.9m against liabilities of $31k, net assets of $1.9m. It reported 6 employees.