New Camerata Opera Inc

Analysis

New Camerata Opera Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 2018, 8 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 June 2024, New Camerata Opera Inc reported income of $117k and spending of $92k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $22k to $117k (+425%), an average of +51% a year. The sharpest change came in the year to June 2022, when income rose by 177%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Camerata Opera Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Institute for Patent Studies Inc ($117k), Rock Rising Productions ($117k) and Ocean City Historical Museum Inc ($117k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.