Opera Orlando Endowment Fund Inc

Analysis

Opera Orlando Endowment Fund Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2023, 3 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Opera Orlando Endowment Fund Inc reported income of $195k and spending of $2,480, leaving 99% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $916k to $195k (-79%), an average of -79% a year. The sharpest change came in the year to June 2024, when income dropped by 79%. Over the whole period it spent 0.3% 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 Orlando Endowment Fund Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Worthington Chamber Orchestra ($195k), Maine Irish Heritage Center ($195k) and Lex America Inc ($195k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.