Amelia Island Opera Inc

Analysis

Amelia Island Opera Inc is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Amelia Island Opera Inc reported income of $103k and spending of $88k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $33k to $103k (+214%), an average of +214% a year. The sharpest change came in the year to June 2024, when income rose by 214%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amelia Island Opera Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Ligonier Valley School District Foundation Inc ($103k), Derby Historical Society of Derby CT Inc ($103k) and Bible Missions Inc ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.