Opera in Williamsburg Inc

Analysis

Opera in Williamsburg Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in December 2022, 4 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 December 2023, Opera in Williamsburg Inc reported income of $186k and spending of $200k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $130k to $186k (+43%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 103% 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 in Williamsburg Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Lesniak Institute for American Leadership Inc ($186k), Carpinteria Community Theatre Inc ($186k) and USA Irish Dance Alliance ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. At year end it held assets of $9,233 against liabilities of $20k, net assets of -$11k.