Pocket Opera Inc

Analysis

Pocket Opera Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1977, 49 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 September 2023, Pocket Opera Inc reported income of $392k and spending of $490k, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $296k to $392k (+32%), an average of +7.3% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pocket Opera Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Saratoga Sponsor-A-Scholar ($392k), Greensboro Opera Company ($392k) and Portland Drama Club ($392k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $50k (10% of expenses). Other salaries and wages came to $195k. It paid $3,000 in professional fundraising fees. At year end it held assets of $137k against liabilities of $0, net assets of $137k. It reported 93 employees.