Opera Theatre of Saint Louis

Analysis

Opera Theatre of Saint Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1966, 60 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 September 2023, Opera Theatre of Saint Louis reported income of $11.9m and spending of $13.7m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.0m to $11.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2020, when income rose by 481%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Opera Theatre of Saint Louis sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Village Theatre ($11.8m), Hale Center Foundation for the Arts and Education ($11.9m) and Signature Theatre Inc ($11.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $533k (3.9% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $99.9m against liabilities of $1.6m, net assets of $98.2m. It reported 302 employees.