Sun Valley Opera Company

Analysis

Sun Valley Opera Company is a registered charity in United States, based in Ketchum, ID. It received its IRS tax-exemption ruling in February 2002, 24 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, Sun Valley Opera Company reported income of $130k and spending of $199k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $130k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sun Valley Opera Company sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within ID. Charities of a similar size with the same main cause include Gothenburg Community Playhouse Association ($130k), Dr Martin Luther King Jr Awards Dinner Committee Inc ($130k) and Cincinnati Music Theatre ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $80k (40% of expenses). At year end it held assets of $87k against liabilities of $1,774, net assets of $86k. It reported 1 employees.