Is Metropolitan Opera Association Inc…

Quick charity verification for Metropolitan Opera Association Inc (EIN: 131624087)

Red Flags

Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive pay disclosure.
Frequent operational deficits where expenses exceed revenues, as seen in 202307 and 202207, suggesting potential reliance on non-operating income or reserves.
Significant liabilities relative to assets, with liabilities at $287,496,622 against assets of $506,459,983 in 202307, indicating a considerable debt burden.

Strengths

Substantial asset base, reaching $506,459,983 in 202307, providing financial stability and capacity.
Significant revenue generation, consistently around $300 million annually (excluding the pandemic dip), demonstrating strong public and donor support.
Resilience demonstrated by recovery in revenue and activity post-pandemic, with revenue increasing from $163,754,215 in 202107 to $303,083,984 in 202307.

Spending Breakdown

How Metropolitan Opera Association Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Metropolitan Opera Association Inc

Is Metropolitan Opera Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Metropolitan Opera Association Inc (EIN: 131624087) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Metropolitan Opera Association Inc a good charity to donate to?

Metropolitan Opera Association Inc has a Mission Score of 65/100. Revenue: $524.6M. Assets: $466.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Metropolitan Opera Association Inc?

The Employer Identification Number (EIN) for Metropolitan Opera Association Inc is 131624087. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Metropolitan Opera Association Inc spend its money?

Metropolitan Opera Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Metropolitan Opera Association Inc's tax-exempt status?

You can verify Metropolitan Opera Association Inc's tax-exempt status using EIN 131624087 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Metropolitan Opera Association Inc. demonstrates a consistent operational scale, with revenues and expenses generally fluctuating around the $300 million mark in recent years, though there was a significant dip in activity during the 202107 period, likely due to the pandemic, where revenue dropped to $163,754,215 and expenses to $131,985,656. The organization has frequently operated with expenses exceeding revenues, as seen in 202307 ($332,251,527 expenses vs. $303,083,984 revenue) and 202207 ($315,097,144 expenses vs. $281,587,346 revenue), indicating a reliance on reserves or other funding sources to cover operational gaps. While asset levels are substantial, reaching $506,459,983 in 202307, liabilities are also significant, at $287,496,622 for the same period, suggesting a considerable debt burden relative to assets. The consistent reporting of 0% for officer compensation across all available filings raises questions about the completeness or interpretation of this specific data point, as it is highly unusual for an organization of this size and complexity to have no reported officer compensation, which could impact the assessment of transparency regarding executive pay.

Is Metropolitan Opera Association Inc Legit?

Verdict: Metropolitan Opera Association Inc shows mixed signals