Mission Opera

Analysis

Mission Opera is a registered charity in United States, based in Castaic, CA. It received its IRS tax-exemption ruling in September 2019, 7 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, Mission Opera reported income of $117k and spending of $88k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $117k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mission Opera sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Fort Collins Creator Hub ($117k), Guthrie Tomorrow Coalition Inc ($117k) and Union Pacific Historical Society ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $57k against liabilities of $2,494, net assets of $54k.