Eugene Opera

Analysis

Eugene Opera is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in November 1978, 48 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 June 2024, Eugene Opera reported income of $372k and spending of $592k, spending 159% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $577k to $372k (-36%), an average of -8.4% a year. The sharpest change came in the year to June 2024, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eugene Opera sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Atlantic Symphony Orchestra Inc ($372k), K Space Contemporary ($372k) and Homer Laughlin China Collectors Association ($371k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 29% of the total. Other salaries and wages came to $145k. At year end it held assets of $308k against liabilities of $17k, net assets of $291k. It reported 70 employees.