Northern Light Opera Company Incorporated

Analysis

Northern Light Opera Company Incorporated is a registered charity in United States, based in Park Rapids, MN. It received its IRS tax-exemption ruling in March 2002, 24 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, Northern Light Opera Company Incorporated reported income of $118k and spending of $117k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $118k (-9.3%), an average of -9.3% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Light Opera Company Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Mt Airy Art Garage ($118k), Streetlight Guild ($118k) and Oregon Trail Association ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.