Danville Light Opera Co Inc

Analysis

Danville Light Opera Co Inc is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in February 1959, 67 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 August 2024, Danville Light Opera Co Inc reported income of $131k and spending of $90k, leaving 31% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $128k to $131k (+2.4%), an average of +2.4% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Danville Light Opera Co Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Black TV & Film Collective Inc ($131k), Women Photographers International Archive Inc ($131k) and Vermillion Area Dance Organization Inc ($131k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 51% and program service revenue 36% of the total. At year end it held assets of $282k against liabilities of $39k, net assets of $243k.