Painted Sky Opera Inc

Analysis

Painted Sky Opera Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in July 2016, 10 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 July 2023, Painted Sky Opera Inc reported income of $282k and spending of $270k, spending 96% of its income. Across the 2 years on record, from July 2020 to July 2023, income grew from $204k to $282k (+38%), an average of +38% a year. The sharpest change came in the year to July 2023, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Painted Sky Opera Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include Economic Affairs Bureau Inc ($282k), The@member Corporation of the Polish Community of W Utica Ny ($282k) and Witnessing History Education Foundation Inc ($282k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.