San Francisco Opera Association

Analysis

San Francisco Opera Association is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1924, 102 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 July 2023, San Francisco Opera Association reported income of $85.3m and spending of $98.4m, spending 115% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $86.0m to $85.3m (-0.8%), an average of -0.2% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Francisco Opera Association sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include For Inspiration and Recognition of Science and Technology First ($84.8m), Royal Shakespeare ($86.4m) and National Trust for Historic Preservation in the United States ($83.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 64% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $2.5m (2.5% of expenses). Other salaries and wages came to $49.9m. It paid $18k in professional fundraising fees. At year end it held assets of $346.9m against liabilities of $34.5m, net assets of $312.4m. It reported 913 employees.