Opera Montana
Analysis
Opera Montana is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in June 1979, 47 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, Opera Montana reported income of $678k and spending of $687k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $403k to $678k (+68%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 101% 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 Montana sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within MT. Charities of a similar size with the same main cause include Motus Theater ($678k), Pasteur Foundation ($678k) and Center for Photographic Art ($677k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $78k (11% of expenses). Other salaries and wages came to $83k. At year end it held assets of $320k against liabilities of $71k, net assets of $250k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 29%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Motus Theater | Boulder | $678k |
| Pasteur Foundation | New York | $678k |
| Center for Photographic Art | Carmel | $677k |
| Connect2culture | Joplin | $678k |