Queen City Chamber Opera

Analysis

Queen City Chamber Opera is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 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 December 2023, Queen City Chamber Opera reported income of $193k and spending of $151k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $193k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Queen City Chamber Opera 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 53rd percentile within OH. Charities of a similar size with the same main cause include Transformative Arts ($193k), Charlestown Working Theater Inc ($193k) and Western North Carolina Historical Association Incorporation ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.