Stoughton Opera House Friends Association Inc

Analysis

Stoughton Opera House Friends Association Inc is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in December 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 June 2023, Stoughton Opera House Friends Association Inc reported income of $101k and spending of $122k, spending 121% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $170k to $101k (-41%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. 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, Stoughton Opera House Friends Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Friends of the Cemetery-Medina Ohio ($101k), Foundation for the Preservation of 108 South Jackson St Inc ($101k) and Blues Heaven Foundation Inc ($101k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.