American Modern Opera Company

Analysis

American Modern Opera Company is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in October 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 June 2023, American Modern Opera Company reported income of $1.0m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $385k to $1.0m (+172%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 385%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Modern Opera Company sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Cape Ann Regional Cable Television Access Corp ($1.0m), Lighthouse Works Inc ($1.0m) and Greenville Center for Creative Arts ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $157k. At year end it held assets of $789k against liabilities of $70k, net assets of $719k. It reported 3 employees.