Little Opera

Analysis

Little Opera is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2017, 9 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, Little Opera reported income of $51k and spending of $46k, spending 91% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $73k to $51k (-30%), an average of -30% a year. The sharpest change came in the year to July 2023, when income dropped by 30%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Opera sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Fort Smith Street Car Restoration Association Inc ($51k), Global Material Technologies Charitable Foundation ($51k) and Starstruck Theatre Inc ($51k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $15k against liabilities of $37k, net assets of -$21k.