Geneva Light Opera

Analysis

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

In the financial year ending December 2023, Geneva Light Opera reported income of $65k and spending of $72k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $65k (+0.9%), an average of +0.9% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Geneva Light Opera sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Coeur Dalene Carousel Foundation ($65k), Chicago Japanese Club ($65k) and Tryon Downtown Development ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 21% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.