Opera Theatre of the Rockies

Analysis

Opera Theatre of the Rockies is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 1998, 28 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 September 2023, Opera Theatre of the Rockies reported income of $177k and spending of $262k, spending 148% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $216k to $177k (-18%), an average of -4.8% a year. The sharpest change came in the year to September 2022, when income rose by 92%. Over the whole period it spent 75% 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 Theatre of the Rockies sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include 18th Street Casa de Cultura NFP ($177k), Flamenco Fever ($177k) and American Chemical Society ($177k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 20% of the total. At year end it held assets of $279k against liabilities of $149, net assets of $279k.