Union Avenue Opera Theatre

Analysis

Union Avenue Opera Theatre is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 2003, 23 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, Union Avenue Opera Theatre reported income of $492k and spending of $494k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $492k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Union Avenue Opera Theatre sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include African American Museum of Bucks County ($492k), Embody Dance Organization Inc ($492k) and The Odyssey After School Enrichment Program ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $106k (22% of expenses). At year end it held assets of $204k against liabilities of $9,529, net assets of $195k. It reported 2 employees.