Boheme Opera Company Inc
Boheme Opera Company: Stable Revenue, Tight Margins
EIN: 222613294 · Trenton, NJ · NTEE: A6A0 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $188K |
| Total Expenses | $206K |
| Program Spending | 70% |
| Net Assets | $12K |
| Transparency Score | 75/100 |
Is Boheme Opera Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boheme Opera Company Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Boheme Opera Company Inc
Boheme Opera Company Inc (EIN: 222613294) is a nonprofit organization based in Trenton, NJ, classified under NTEE code A6A0. The organization reported total revenue of $188K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boheme Opera Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boheme Opera Company Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $206K |
| Surplus / Deficit | $-16,745 |
| Total Assets | $15K |
| Total Liabilities | $3K |
| Net Assets | $12K |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 17.7% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Boheme Opera Company Inc reported a deficit of $17K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 17.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boheme Opera Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.4% | +28.4% | -48.2% |
| 2022 | +15.5% | +112.0% | -55.4% |
| 2021 | -2.4% | -39.9% | +178.7% |
| 2020 | -25.2% | -27.5% | +70.9% |
| 2019 | +15.9% | +27.8% | +54.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boheme Opera Company Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Boheme Opera Company Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation figures are provided in the available financial data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Boheme Opera Company Inc's IRS 990 filings:
- Accumulated deficit of $2,677 in 202306, indicating expenses exceeded revenue.
- Net assets decreased from $29,190 in 202206 to $15,122 in 202306, a significant decline.
- Lack of detailed program spending breakdown beyond general expenses.
Strengths
The following positive indicators were identified for Boheme Opera Company Inc:
- Consistent revenue generation over multiple years, averaging around $150,000 annually.
- Maintained operations despite fluctuating net assets.
- Zero lobbying expenses reported across all years, indicating focus on mission.
Frequently Asked Questions about Boheme Opera Company Inc
Is Boheme Opera Company Inc a legitimate charity?
Boheme Opera Company Inc (EIN: 222613294) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $188K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Boheme Opera Company Inc spend its money?
Boheme Opera Company Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Boheme Opera Company Inc tax-deductible?
Boheme Opera Company Inc is registered as a tax-exempt nonprofit (EIN: 222613294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boheme Opera Company Inc's spending goes to programs?
Boheme Opera Company Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Boheme Opera Company Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Boheme Opera Company Inc is above average for NTEE category A6A0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boheme Opera Company Inc located?
Boheme Opera Company Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 222613294. It is classified under NTEE code A6A0.
How many years of IRS 990 filings does Boheme Opera Company Inc have?
Boheme Opera Company Inc 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 $188K in total revenue.
What does Boheme Opera Company Inc do?
Boheme Opera Company Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Trenton, New Jersey. It is classified under NTEE code A6A0.
How much revenue does Boheme Opera Company Inc have?
Boheme Opera Company Inc reported total revenue of $188,417. Based on 13 IRS 990 filings on record.
What are Boheme Opera Company Inc's total assets?
Boheme Opera Company Inc holds total assets of $14,472 as reported in IRS 990 filings.
Where is Boheme Opera Company Inc located?
Boheme Opera Company Inc is based in Trenton, New Jersey.
What is Boheme Opera Company Inc's EIN?
Boheme Opera Company Inc's Employer Identification Number (EIN) is 222613294. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Boheme Opera Company Inc?
Boheme Opera Company Inc is classified under NTEE code A6A0 (Arts, Culture & Humanities).
Is Boheme Opera Company Inc a registered 501(c)(3)?
Yes, Boheme Opera Company Inc is recognized as a tax-exempt organization by the IRS. EIN: 222613294.
Does Boheme Opera Company Inc file IRS Form 990?
Yes, Boheme Opera Company Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Boheme Opera Company Inc's revenue in 2023?
In the 202306 filing period, Boheme Opera Company Inc reported total revenue of $189,298, total expenses of $206,043, and net assets of $15,122.
Is Boheme Opera Company Inc's revenue growing or declining?
Boheme Opera Company Inc's revenue is growing. Revenue went from $145,121 (202206) to $189,298 (202306), a +30.4% change. Based on 13 filings on record.
What is Boheme Opera Company Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Boheme Opera Company Inc covers tax period 202306. It shows revenue of $189,298, expenses of $206,043, total assets of $15,122, and liabilities of $2,677.
How much does Boheme Opera Company Inc spend on programs vs administration?
Based on IRS 990 analysis, Boheme Opera Company Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Boheme Opera Company Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Boheme Opera Company Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Boheme Opera Company Inc?
The following concerns were identified: Accumulated deficit of $2,677 in 202306, indicating expenses exceeded revenue.. Net assets decreased from $29,190 in 202206 to $15,122 in 202306, a significant decline.. Lack of detailed program spending breakdown beyond general expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Boheme Opera Company Inc's strengths?
Positive indicators for Boheme Opera Company Inc include: Consistent revenue generation over multiple years, averaging around $150,000 annually.. Maintained operations despite fluctuating net assets.. Zero lobbying expenses reported across all years, indicating focus on mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Boheme Opera Company Inc compensate executives?
Executive compensation cannot be assessed as no compensation figures are provided in the available financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue but fluctuating net assets, what strategies could Boheme Opera Company employ to build a more robust financial reserve?
To build a more robust financial reserve, Boheme Opera could focus on increasing donor retention, diversifying funding streams beyond ticket sales (e.g., grants, endowments), and implementing stricter cost controls on administrative and fundraising expenses to ensure a greater portion of revenue contributes to net assets rather than being fully expended.
How might the organization demonstrate its program impact more effectively to potential donors, given the lack of detailed program reporting?
To demonstrate program impact more effectively, Boheme Opera could start tracking and reporting on key performance indicators such as audience attendance growth, educational outreach participation, critical reviews, and testimonials. Publishing an annual impact report or including these metrics on their website would provide tangible evidence of their work.
Filing History
IRS 990 filing history for Boheme Opera Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boheme Opera Company Inc's revenue has grown by 18.7%, moving from $159K to $189K. Total assets increased by 178.3% over the same period, from $5K to $15K. Total functional expenses rose by 46.7%, from $140K to $206K. In its most recent filing year (2023), Boheme Opera Company Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $3K in liabilities against $15K in assets (debt-to-asset ratio: 17.7%), resulting in net assets of $12K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $206K | $15K | $3K | — | View 990 |
| 2022 | $145K | $161K | $29K | $0 | — | View 990 |
| 2021 | $126K | $76K | $65K | $21K | — | — |
| 2020 | $129K | $126K | $23K | $29K | — | View 990 |
| 2019 | $172K | $174K | $14K | $22K | — | View 990 |
| 2018 | $148K | $136K | $9K | $15K | — | View 990 |
| 2017 | $167K | $180K | $6K | $24K | — | View 990 |
| 2016 | $152K | $144K | $6K | $11K | — | View 990 |
| 2015 | $128K | $130K | $8K | $22K | — | View 990 |
| 2014 | $179K | $137K | $14K | $25K | — | View 990 |
| 2013 | $119K | $120K | $1K | $53K | — | View 990 |
| 2012 | $146K | $147K | $5K | $56K | — | View 990 |
| 2011 | $159K | $140K | $5K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $206K, and assets of $15K (revenue +30.4% year-over-year).
- 2022: Revenue of $145K, expenses of $161K, and assets of $29K (revenue +15.5% year-over-year).
- 2021: Revenue of $126K, expenses of $76K, and assets of $65K (revenue -2.4% year-over-year).
- 2020: Revenue of $129K, expenses of $126K, and assets of $23K (revenue -25.2% year-over-year).
- 2019: Revenue of $172K, expenses of $174K, and assets of $14K (revenue +15.9% year-over-year).
- 2018: Revenue of $148K, expenses of $136K, and assets of $9K (revenue -11.1% year-over-year).
- 2017: Revenue of $167K, expenses of $180K, and assets of $6K (revenue +9.6% year-over-year).
- 2016: Revenue of $152K, expenses of $144K, and assets of $6K (revenue +18.9% year-over-year).
- 2015: Revenue of $128K, expenses of $130K, and assets of $8K (revenue -28.3% year-over-year).
- 2014: Revenue of $179K, expenses of $137K, and assets of $14K (revenue +50.1% year-over-year).
- 2013: Revenue of $119K, expenses of $120K, and assets of $1K (revenue -18.5% year-over-year).
- 2012: Revenue of $146K, expenses of $147K, and assets of $5K (revenue -8.5% year-over-year).
- 2011: Revenue of $159K, expenses of $140K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boheme Opera Company Inc:
Data Sources and Methodology
This transparency report for Boheme Opera Company 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.