Opera West

Analysis

Opera West is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Opera West reported income of $62k and spending of $68k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $62k (-9.4%), an average of -9.4% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Opera West sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within NM. Charities of a similar size with the same main cause include Big Idea Theatre ($62k), Rainbow City Band ($62k) and Druk Foundation for Art Preservation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $3,013 against liabilities of $0, net assets of $3,013.