Barn Opera Inc

Analysis

Barn Opera Inc is a registered charity in United States, based in Brandon, VT. It received its IRS tax-exemption ruling in May 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 December 2023, Barn Opera Inc reported income of $169k and spending of $191k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $219k to $169k (-23%), an average of -12% a year. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Barn Opera Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 40th percentile within VT. Charities of a similar size with the same main cause include Minnesota Street Car Museum ($169k), Creative Sanctuary ($169k) and Creative Center for Childhood Research & Training Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $24k (13% of expenses). At year end it held assets of $598k against liabilities of $15k, net assets of $583k.