Skylark Opera

Analysis

Skylark Opera is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Skylark Opera reported income of $74k and spending of $148k, spending 201% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $109k to $74k (-33%), an average of -9.4% a year. The sharpest change came in the year to September 2021, when income rose by 144%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Skylark Opera sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Science Policy Institute Inc ($74k), Chiaha Guild of Arts and Crafts Ltd ($74k) and Farpoint Foundation ($74k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.