The Haymarket Opera Company NFP

Analysis

The Haymarket Opera Company NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 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 December 2023, The Haymarket Opera Company NFP reported income of $479k and spending of $612k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $479k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 96% 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 Haymarket Opera Company NFP 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 IL. Charities of a similar size with the same main cause include Malcolm X & Dr Betty Shabazz Memorial & Educational Center Inc ($479k), Space Coast Symphony Orchestra Inc ($479k) and Luminaria ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $126k. At year end it held assets of $193k against liabilities of $8,032, net assets of $185k. It reported 3 employees.