Thrasher Opera House Corporation

Analysis

Thrasher Opera House Corporation is a registered charity in United States, based in Green Lake, WI. It received its IRS tax-exemption ruling in December 1998, 28 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, Thrasher Opera House Corporation reported income of $540k and spending of $477k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $540k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thrasher Opera House Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Downtown Aurora Visual Arts ($540k), Artsworcester ($541k) and National Society of Black Physicists ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 33% of the total. Other salaries and wages came to $163k. At year end it held assets of $2.0m against liabilities of $10k, net assets of $2.0m. It reported 6 employees.