Florida Opera Prima

Analysis

Florida Opera Prima is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Florida Opera Prima reported income of $63k and spending of $55k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $63k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. 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, Florida Opera Prima sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Celebration Singers ($63k), Payson Council for the Musical Arts Inc ($63k) and Landing Craft Support Museum Corporation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $395 against liabilities of $16k, net assets of -$15k.