Bel Cantanti Opera Company

Analysis

Bel Cantanti Opera Company is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in August 2005, 21 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, Bel Cantanti Opera Company reported income of $185k and spending of $184k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $185k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bel Cantanti Opera Company 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 MD. Charities of a similar size with the same main cause include Mississippi Academy of Sciences Incorporated ($185k), Mountain Artist Guild ($185k) and Girls Rock DC Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.