Opera House Inc

Analysis

Opera House Inc is a registered charity in United States, based in McConnelsvle, OH. It received its IRS tax-exemption ruling in March 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Opera House Inc reported income of $122k and spending of $134k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $122k (+13%), an average of +13% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opera House Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Epoch Times Capital Region ($122k), PTA California Congress of Parents Teachers & Students Inc ($122k) and Mahnah Club of the East Valley Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 48% of the total. At year end it held assets of $120k against liabilities of $3,309, net assets of $116k.