National Opera Association Inc

Analysis

National Opera Association Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 1960, 66 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 April 2024, National Opera Association Inc reported income of $189k and spending of $172k, spending 91% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $162k to $189k (+16%), an average of +16% a year. The sharpest change came in the year to April 2024, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Opera Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include TCH Sudekum Memorial Trust 51 3621080 ($189k), Sheffield Chamber Players ($189k) and Left Coast Crime Conference Inc ($189k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 13% and program service revenue 70% of the total. At year end it held assets of $269k against liabilities of $1,631, net assets of $267k.