Opera in the Heights

Analysis

Opera in the Heights is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1997, 29 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 July 2023, Opera in the Heights reported income of $822k and spending of $505k, leaving 39% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $730k to $822k (+13%), an average of +3.0% a year. The sharpest change came in the year to July 2023, when income rose by 74%. Over the whole period it spent 87% 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 in the Heights sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Young Playwrights Theater Inc ($822k), Kidznotes ($822k) and Camerata Singers of Long Beach Inc ($822k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $372k against liabilities of $31k, net assets of $341k. It reported 2 employees.