Opera Kansas Inc

Analysis

Opera Kansas Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in September 1986, 40 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 Kansas Inc reported income of $70k and spending of $21k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $70k (+205%), an average of +205% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 51% 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 Kansas Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within KS. Charities of a similar size with the same main cause include Mtree Inc ($70k), Arts Habitat ($70k) and Barn Players Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $523, net assets of $77k.