Lyric Opera of Kansas City FDN

Analysis

Lyric Opera of Kansas City FDN is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 2010, 16 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lyric Opera of Kansas City FDN reported income of $1.1m and spending of $864k, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $505k to $1.1m (+114%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 156%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lyric Opera of Kansas City FDN sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Carroll County Arts Council ($1.1m), Audio Information Network of Colorado ($1.1m) and Snow City Arts Foundation ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $13.5m against liabilities of $0, net assets of $13.5m.