San Francisco Opera Guild

Analysis

San Francisco Opera Guild is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1952, 74 years ago. 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 July 2023, San Francisco Opera Guild reported income of $2.1m and spending of $1.6m, leaving 23% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.6m to $2.1m (-21%), an average of -5.7% a year. The sharpest change came in the year to July 2022, when income rose by 82%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Francisco Opera Guild sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include JTM Health Facilities Foundation Inc ($2.1m), CHS Endowment Foundation Inc ($2.1m) and Parent Information Center of Delaware Inc ($2.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 78% of the total. Other salaries and wages came to $648k. At year end it held assets of $6.8m against liabilities of $72k, net assets of $6.7m. It reported 9 employees.