Barre Opera House Inc
EIN: 30270440 · Barre, VT · NTEE: A610
| Metric | Value |
|---|---|
| Total Revenue | $813K |
| Total Expenses | $662K |
| Net Assets | $1.8M |
Is Barre Opera House Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Barre Opera House Inc
Barre Opera House Inc (EIN: 30270440) is a nonprofit organization based in Barre, VT, classified under NTEE code A610. The organization reported total revenue of $813K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barre Opera House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barre Opera House Inc is a small nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $676K |
| Total Expenses | $662K |
| Surplus / Deficit | +$14K |
| Total Assets | $1.8M |
| Total Liabilities | $22K |
| Net Assets | $1.8M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 32.7 months |
Financial Health Grade: A
In 2023, Barre Opera House Inc reported a surplus of $14K with revenue exceeding expenses, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Barre Opera House Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.1% | +34.8% | +1.7% |
| 2022 | +50.8% | +151.2% | +12.5% |
| 2021 | -17.2% | -57.0% | +28.8% |
| 2020 | -29.7% | -9.5% | +18.7% |
| 2019 | +69.8% | +9.3% | +49.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Barre Opera House Inc 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 Barre Opera House Inc 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 surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Barre Opera House Inc
Is Barre Opera House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Barre Opera House Inc (EIN: 30270440) insufficient data. 0 red flags identified, 0 strengths noted.
How does Barre Opera House Inc spend its money?
Detailed spending breakdown data is not yet available for Barre Opera House Inc. Check back for updated IRS 990 analysis.
Are donations to Barre Opera House Inc tax-deductible?
Barre Opera House Inc is registered as a tax-exempt nonprofit (EIN: 30270440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Barre Opera House Inc located?
Barre Opera House Inc is headquartered in Barre, Vermont and files with the IRS under EIN 30270440. It is classified under NTEE code A610.
How many years of IRS 990 filings does Barre Opera House Inc have?
Barre Opera House Inc has 12 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 $813K in total revenue.
Filing History
IRS 990 filing history for Barre Opera House Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Barre Opera House Inc's revenue has grown by 96.6%, moving from $344K to $676K. Total assets increased by 174.6% over the same period, from $656K to $1.8M. Total functional expenses rose by 75.6%, from $377K to $662K. In its most recent filing year (2023), Barre Opera House Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $22K in liabilities against $1.8M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $676K | $662K | $1.8M | $22K | — | — |
| 2022 | $736K | $491K | $1.8M | $36K | — | View 990 |
| 2021 | $488K | $196K | $1.6M | $37K | — | View 990 |
| 2020 | $589K | $455K | $1.2M | $61K | — | View 990 |
| 2019 | $837K | $503K | $1.0M | $27K | — | View 990 |
| 2018 | $493K | $460K | $691K | $20K | — | View 990 |
| 2017 | $460K | $454K | $650K | $21K | — | View 990 |
| 2016 | $472K | $445K | $613K | $20K | — | View 990 |
| 2015 | $412K | $405K | $585K | $5K | — | View 990 |
| 2014 | $413K | $384K | $575K | $4K | — | View 990 |
| 2013 | $352K | $449K | $552K | $11K | — | View 990 |
| 2012 | $344K | $377K | $656K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $676K, expenses of $662K, and assets of $1.8M (revenue -8.1% year-over-year).
- 2022: Revenue of $736K, expenses of $491K, and assets of $1.8M (revenue +50.8% year-over-year).
- 2021: Revenue of $488K, expenses of $196K, and assets of $1.6M (revenue -17.2% year-over-year).
- 2020: Revenue of $589K, expenses of $455K, and assets of $1.2M (revenue -29.7% year-over-year).
- 2019: Revenue of $837K, expenses of $503K, and assets of $1.0M (revenue +69.8% year-over-year).
- 2018: Revenue of $493K, expenses of $460K, and assets of $691K (revenue +7.2% year-over-year).
- 2017: Revenue of $460K, expenses of $454K, and assets of $650K (revenue -2.7% year-over-year).
- 2016: Revenue of $472K, expenses of $445K, and assets of $613K (revenue +14.6% year-over-year).
- 2015: Revenue of $412K, expenses of $405K, and assets of $585K (revenue -0.2% year-over-year).
- 2014: Revenue of $413K, expenses of $384K, and assets of $575K (revenue +17.2% year-over-year).
- 2013: Revenue of $352K, expenses of $449K, and assets of $552K (revenue +2.5% year-over-year).
- 2012: Revenue of $344K, expenses of $377K, and assets of $656K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barre Opera House Inc:
Data Sources and Methodology
This transparency report for Barre Opera House Inc 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.