An Opera Theatre

Analysis

An Opera Theatre is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2021, 5 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, An Opera Theatre reported income of $138k and spending of $112k, spending 81% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $107k to $138k (+29%), an average of +29% a year. The sharpest change came in the year to September 2023, when income rose by 29%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, An Opera Theatre sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Orca Behavior Institute ($138k), Michigan Jewish Sports Hall of Fame Inc ($138k) and South County Museum Inc ($138k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $96k against liabilities of $2,037, net assets of $94k.