Stuarts Opera House Inc

Analysis

Stuarts Opera House Inc is a registered charity in United States, based in Nelsonville, OH. It received its IRS tax-exemption ruling in October 1978, 48 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, Stuarts Opera House Inc reported income of $2.4m and spending of $2.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stuarts Opera House Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include People United for Privacy Foundation ($2.4m), Templearts ($2.4m) and Dakota Territory Air Museum Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $157k (6.1% of expenses). Other salaries and wages came to $530k. At year end it held assets of $6.5m against liabilities of $58k, net assets of $6.4m. It reported 23 employees.