Minden Opera House Inc

Analysis

Minden Opera House Inc is a registered charity in United States, based in Minden, NE. It received its IRS tax-exemption ruling in March 2000, 26 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 August 2023, Minden Opera House Inc reported income of $264k and spending of $259k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $223k to $264k (+18%), an average of +4.3% a year. The sharpest change came in the year to August 2021, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minden Opera House Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include Studio Theatre Inc ($264k), Gilmer Arts and Heritage Assoc ($264k) and Harvard Krokodiloes Inc ($264k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 56% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $60k (23% of expenses). Other salaries and wages came to $43k. At year end it held assets of $202k against liabilities of $30k, net assets of $172k. It reported 10 employees.