Opera Wilmington NC Inc

Analysis

Opera Wilmington NC Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Opera Wilmington NC Inc reported income of $102k and spending of $147k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $102k (+7.8%), an average of +7.8% a year. Over the whole period it spent 145% 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 Wilmington NC Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Maine Military Museum and Learning Center ($102k), Aurora Chorus Inc ($102k) and Espanoles Cientificos En USA ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.