Quick charity verification for St Petersburg Opera Company (EIN: 208523525)
Verdict: St Petersburg Opera Company appears trustworthy
85/100Mission Score
$1.5MRevenue
$1.4MAssets
1Red Flags
4Strengths
Red Flags
No reported officer compensation for an organization of this size could indicate a lack of transparency if compensation is being paid through other means or below reporting thresholds, or it could genuinely reflect volunteer leadership.
Strengths
Consistent revenue generation, with recent growth from $906,841 in 2021 to $1,797,453 in 2023.
Healthy asset growth, increasing from $975,869 in 2020 to $1,508,783 in 2023.
Regular and extensive IRS 990 filing history (12 filings), demonstrating a commitment to transparency.
Positive net income in most recent years, indicating sound financial management (e.g., $184,073 surplus in 2023).
Spending Breakdown
How St Petersburg Opera Company allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 St Petersburg Opera Company
Is St Petersburg Opera Company a legitimate charity?
Based on AI analysis of IRS 990 filings, St Petersburg Opera Company (EIN: 208523525) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is St Petersburg Opera Company a good charity to donate to?
St Petersburg Opera Company has a Mission Score of 85/100. Revenue: $1.5M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Petersburg Opera Company?
The Employer Identification Number (EIN) for St Petersburg Opera Company is 208523525. 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 St Petersburg Opera Company spend its money?
St Petersburg Opera Company allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Petersburg Opera Company's tax-exempt status?
You can verify St Petersburg Opera Company's tax-exempt status using EIN 208523525 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
St Petersburg Opera Company demonstrates generally stable financial health with consistent revenue generation over the past decade, typically ranging between $900,000 and $1.8 million. The organization has shown growth in both revenue and assets in recent years, with revenue increasing from $906,841 in 2021 to $1,797,453 in 2023, and assets growing from $975,869 in 2020 to $1,508,783 in 2023. This indicates a positive trend in financial capacity and donor support.
The organization's spending efficiency appears to be sound, as expenses generally align closely with revenue, suggesting that funds are being utilized for operations. For instance, in 2023, expenses were $1,613,380 against revenues of $1,797,453, resulting in a surplus. The consistent filing of IRS Form 990s over 12 periods indicates a commitment to transparency, providing public access to their financial activities. The absence of reported officer compensation across all available filings is a notable aspect of their financial structure, potentially indicating a volunteer-led executive team or compensation below reporting thresholds.