The Little Opera Theatre of Ny Inc

Analysis

The Little Opera Theatre of Ny Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2013, 13 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 June 2023, The Little Opera Theatre of Ny Inc reported income of $193k and spending of $193k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $247k to $193k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income rose by 195%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Little Opera Theatre of Ny Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Painting Center Inc ($193k), The Gift Theatre Company ($193k) and San Francisco Camerawork Inc ($193k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. Other salaries and wages came to $83k. At year end it held assets of $33k against liabilities of $80k, net assets of -$47k. It reported 9 employees.