Lisbon Opera House Foundation

Analysis

Lisbon Opera House Foundation is a registered charity in United States, based in Lisbon, ND. It received its IRS tax-exemption ruling in August 1994, 32 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, Lisbon Opera House Foundation reported income of $69k and spending of $35k, leaving 49% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $95k to $69k (-28%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lisbon Opera House Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 19th percentile within ND. Charities of a similar size with the same main cause include Hudson Valley Arts and Science Inc ($69k), Rumi and Mary Foundation Inc ($69k) and Litchfield Museum & Route 66 Welcome Center ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $566k against liabilities of $101, net assets of $566k.