Quick charity verification for Opera House Arts (EIN: 10526734)
Verdict: Opera House Arts appears trustworthy
85/100Mission Score
$1.5MRevenue
$2.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits in recent years (2022 and 2023)
Significant year-over-year revenue fluctuations
Strengths
No reported officer compensation across all filings, indicating strong transparency and resource allocation
Stable asset base (around $2M-$2.5M) over a decade, suggesting financial resilience
Low liabilities in recent years, indicating good debt management
Long history of IRS 990 filings (13 filings), demonstrating consistent compliance
Spending Breakdown
How Opera House Arts allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Opera House Arts
Is Opera House Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Opera House Arts (EIN: 10526734) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Opera House Arts a good charity to donate to?
Opera House Arts has a Mission Score of 85/100. Revenue: $1.5M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Opera House Arts?
The Employer Identification Number (EIN) for Opera House Arts is 10526734. 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 Opera House Arts spend its money?
Opera House Arts allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Opera House Arts's tax-exempt status?
You can verify Opera House Arts's tax-exempt status using EIN 10526734 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
Opera House Arts demonstrates a generally stable financial position with fluctuating revenues and expenses over the past decade. While the organization reported a net loss in 2023 ($737,845 revenue vs. $857,924 expenses) and 2022 ($553,744 revenue vs. $916,461 expenses), it has also experienced periods of significant surplus, such as in 2021 and 2014. The organization's assets have remained relatively consistent, hovering around $2 million to $2.5 million, indicating a solid asset base. Liabilities have generally been low, especially in recent years, suggesting good financial management and limited debt burden. The consistent reporting of 0% officer compensation across all filings indicates strong transparency regarding executive pay, as it suggests either a volunteer-led executive team or compensation below the reporting threshold, which is a positive sign for a nonprofit of this size.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits in recent years (2022 and 2023) warrant closer examination to understand if expenses are sustainably covered by revenue. The organization's NTEE code (A600 - Performing Arts) suggests a focus on cultural programming, and the financial data indicates a consistent level of activity. The lack of reported officer compensation is a significant positive for transparency and suggests resources are directed towards the mission rather than high executive salaries.
Overall, Opera House Arts appears to be a well-established organization with a long filing history and a stable asset base. While recent years show some operational deficits, these are not severe enough to indicate immediate financial distress, especially given prior surpluses. The transparency around executive compensation is commendable. Further analysis of detailed expense categories would provide a more complete picture of spending efficiency.