Annapolis Opera Incorporated
EIN: 237321514 · Annapolis, MD · NTEE: A6A0
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Net Assets | $1.1M |
Is Annapolis Opera Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Annapolis Opera Incorporated
Annapolis Opera Incorporated (EIN: 237321514) is a nonprofit organization based in Annapolis, MD, classified under NTEE code A6A0. The organization reported total revenue of $1.1M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Annapolis Opera Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Annapolis Opera Incorporated is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $870K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-140,507 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -16.1% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2023, Annapolis Opera Incorporated reported a deficit of $141K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Annapolis Opera Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.7% | +37.4% | -2.1% |
| 2022 | +118.5% | +109.5% | +118.7% |
| 2021 | +43.0% | -28.1% | +183.6% |
| 2020 | -16.2% | -20.0% | +7.5% |
| 2019 | +8.4% | +10.6% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Annapolis Opera Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Annapolis Opera Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $141K, with expenses exceeding revenue.
Frequently Asked Questions about Annapolis Opera Incorporated
Is Annapolis Opera Incorporated a legitimate charity?
Annapolis Opera Incorporated (EIN: 237321514) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does Annapolis Opera Incorporated spend its money?
Annapolis Opera Incorporated reported $1.1M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Annapolis Opera Incorporated tax-deductible?
Annapolis Opera Incorporated is registered as a tax-exempt nonprofit (EIN: 237321514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Annapolis Opera Incorporated located?
Annapolis Opera Incorporated is headquartered in Annapolis, Maryland and files with the IRS under EIN 237321514. It is classified under NTEE code A6A0.
How many years of IRS 990 filings does Annapolis Opera Incorporated have?
Annapolis Opera Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for Annapolis Opera Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Annapolis Opera Incorporated's revenue has grown by 195.8%, moving from $294K to $870K. Total assets increased by 1010.3% over the same period, from $102K to $1.1M. Total functional expenses rose by 251%, from $288K to $1.0M. In its most recent filing year (2023), Annapolis Opera Incorporated reported a deficit of $141K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $870K | $1.0M | $1.1M | $0 | — | View 990 |
| 2022 | $1.5M | $735K | $1.2M | $2K | — | View 990 |
| 2021 | $696K | $351K | $528K | $306 | — | View 990 |
| 2020 | $486K | $488K | $186K | $27K | — | View 990 |
| 2019 | $581K | $610K | $173K | $1K | — | View 990 |
| 2018 | $535K | $552K | $202K | $795 | — | View 990 |
| 2017 | $528K | $482K | $218K | $0 | — | View 990 |
| 2016 | $369K | $357K | $172K | $0 | — | View 990 |
| 2015 | $349K | $298K | $159K | $0 | — | View 990 |
| 2014 | $311K | $245K | $108K | $0 | — | View 990 |
| 2013 | $322K | $302K | $41K | $0 | — | View 990 |
| 2012 | $247K | $327K | $22K | $0 | — | View 990 |
| 2011 | $294K | $288K | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $870K, expenses of $1.0M, and assets of $1.1M (revenue -42.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $735K, and assets of $1.2M (revenue +118.5% year-over-year).
- 2021: Revenue of $696K, expenses of $351K, and assets of $528K (revenue +43.0% year-over-year).
- 2020: Revenue of $486K, expenses of $488K, and assets of $186K (revenue -16.2% year-over-year).
- 2019: Revenue of $581K, expenses of $610K, and assets of $173K (revenue +8.4% year-over-year).
- 2018: Revenue of $535K, expenses of $552K, and assets of $202K (revenue +1.3% year-over-year).
- 2017: Revenue of $528K, expenses of $482K, and assets of $218K (revenue +43.1% year-over-year).
- 2016: Revenue of $369K, expenses of $357K, and assets of $172K (revenue +5.8% year-over-year).
- 2015: Revenue of $349K, expenses of $298K, and assets of $159K (revenue +12.1% year-over-year).
- 2014: Revenue of $311K, expenses of $245K, and assets of $108K (revenue -3.2% year-over-year).
- 2013: Revenue of $322K, expenses of $302K, and assets of $41K (revenue +30.1% year-over-year).
- 2012: Revenue of $247K, expenses of $327K, and assets of $22K (revenue -16.0% year-over-year).
- 2011: Revenue of $294K, expenses of $288K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Annapolis Opera Incorporated:
Data Sources and Methodology
This transparency report for Annapolis Opera Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.