Gloriana Opera Co

Analysis

Gloriana Opera Co is a registered charity in United States, based in Fort Bragg, CA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gloriana Opera Co reported income of $105k and spending of $148k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $105k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 144% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gloriana Opera Co sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Arts Learning Inc ($105k), NRV Academy of Dance ($105k) and Your Next Chapter ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. At year end it held assets of $64k against liabilities of $2,139, net assets of $61k.