Opera Cultura

Analysis

Opera Cultura is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 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, Opera Cultura reported income of $200k and spending of $132k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $226k to $200k (-11%), an average of -11% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Opera Cultura sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Sitka Historical Society Inc ($200k), Spinning Tree Theatre ($200k) and New Day Childrens Theatre Inc ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $38k (29% of expenses). Other salaries and wages came to $26k. At year end it held assets of $223k against liabilities of $0, net assets of $223k. It reported 22 employees.