Wichita Grand Opera Inc

Analysis

Wichita Grand Opera Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in April 2001, 25 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 June 2023, Wichita Grand Opera Inc reported income of $408k and spending of $344k, spending 84% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $653k to $408k (-38%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 44%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wichita Grand Opera Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within KS. Charities of a similar size with the same main cause include Sofia Quintero Art and Cultural Center ($408k), New England Symphonic Ensemble Inc ($408k) and Newport Performing Arts Center ($407k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). Other salaries and wages came to $42k. At year end it held assets of $135k against liabilities of $2,727, net assets of $132k. It reported 3 employees.