Motor City Lyric Opera

Analysis

Motor City Lyric Opera is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in June 2002, 24 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, Motor City Lyric Opera reported income of $93k and spending of $86k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $93k (+67%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Motor City Lyric Opera sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Freshed ($93k), Dow Street Community Music School ($93k) and Pacifica Viola Da Gamba Society ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.