Friends of the Opus 76 Quartet

Analysis

Friends of the Opus 76 Quartet is a registered charity in United States, based in Prairie VLG, KS. It received its IRS tax-exemption ruling in December 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, Friends of the Opus 76 Quartet reported income of $145k and spending of $142k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $145k (+5.8%), an average of +5.8% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Opus 76 Quartet sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within KS. Charities of a similar size with the same main cause include Pinole Community Players ($145k), Light of the World Ministries Inc ($145k) and College Language Association ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,342 against liabilities of $0, net assets of $7,342.