Boulder Opera

Analysis

Boulder Opera is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in May 2015, 11 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 2024, Boulder Opera reported income of $151k and spending of $149k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $116k to $151k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boulder Opera sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Rhodes Jewish Historical Foundation ($151k), The Grand Rapids Choir of Men and Boys Inc ($151k) and Dorland Mountain Arts Colony Inc ($151k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 31% of the total. At year end it held assets of $3,693 against liabilities of $1,831, net assets of $1,862.