Inland Northwest Opera Inc

Analysis

Inland Northwest Opera Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in July 1995, 31 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 December 2023, Inland Northwest Opera Inc reported income of $283k and spending of $322k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $366k to $283k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inland Northwest Opera Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within ID. Charities of a similar size with the same main cause include GK Folks Foundation ($283k), Arab American Organization ($283k) and Albany County Historical Assoc Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $56k (17% of expenses). Other salaries and wages came to $76k. At year end it held assets of $78k against liabilities of $28k, net assets of $50k. It reported 5 employees.