Opera in the Ozarks Inc

Analysis

Opera in the Ozarks Inc is a registered charity in United States, based in Eureka SPGS, AR. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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 September 2023, Opera in the Ozarks Inc reported income of $14.2m and spending of $995k, leaving 93% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $963k to $14.2m (+1377%), an average of +96% a year. The sharpest change came in the year to September 2023, when income rose by 507%. Over the whole period it spent 19% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opera in the Ozarks Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include Jewish Family Service of Atlantic County Inc ($14.2m), Rossman School ($14.2m) and Community Action Agency of New Haven Inc ($14.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $61k (6.2% of expenses). Other salaries and wages came to $97k. At year end it held assets of $19.2m against liabilities of $2.2m, net assets of $17.0m. It reported 3 employees.