Marigny Opera House Foundation
EIN: 454231295 · New Orleans, LA · NTEE: A61
| Metric | Value |
|---|---|
| Total Revenue | $629K |
| Total Expenses | $617K |
| Net Assets | $23K |
Is Marigny Opera House Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marigny Opera House Foundation
Marigny Opera House Foundation (EIN: 454231295) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A61. The organization reported total revenue of $629K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marigny Opera House Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marigny Opera House Foundation is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $528K |
| Total Expenses | $617K |
| Surplus / Deficit | $-88,402 |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | -16.7% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2023, Marigny Opera House Foundation reported a deficit of $88K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Marigny Opera House Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +6.1% | -79.2% |
| 2022 | +21.9% | +116.4% | -42.9% |
| 2021 | -7.0% | -36.7% | +296.1% |
| 2020 | +0.7% | -6.3% | +56.3% |
| 2019 | -1.2% | +18.2% | -30.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marigny Opera House Foundation 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 Marigny Opera House Foundation 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 $88K, with expenses exceeding revenue.
Frequently Asked Questions about Marigny Opera House Foundation
Is Marigny Opera House Foundation a legitimate charity?
Marigny Opera House Foundation (EIN: 454231295) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $629K. No red flags identified. Financial health grade: C.
How does Marigny Opera House Foundation spend its money?
Marigny Opera House Foundation reported $629K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marigny Opera House Foundation tax-deductible?
Marigny Opera House Foundation is registered as a tax-exempt nonprofit (EIN: 454231295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marigny Opera House Foundation located?
Marigny Opera House Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 454231295. It is classified under NTEE code A61.
How many years of IRS 990 filings does Marigny Opera House Foundation have?
Marigny Opera House Foundation 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 $629K in total revenue.
Filing History
IRS 990 filing history for Marigny Opera House Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Marigny Opera House Foundation's revenue has grown by 279.7%, moving from $139K to $528K. Total assets increased by 525.2% over the same period, from $4K to $23K. Total functional expenses rose by 341.1%, from $140K to $617K. In its most recent filing year (2023), Marigny Opera House Foundation reported a deficit of $88K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $528K | $617K | $23K | $0 | — | — |
| 2022 | $501K | $581K | $112K | $0 | — | View 990 |
| 2021 | $411K | $269K | $195K | $0 | — | View 990 |
| 2020 | $442K | $424K | $49K | $0 | — | View 990 |
| 2019 | $439K | $453K | $32K | $0 | — | View 990 |
| 2018 | $444K | $383K | $45K | $0 | — | View 990 |
| 2017 | $305K | $331K | $3K | $19K | — | View 990 |
| 2016 | $344K | $347K | $10K | $0 | — | View 990 |
| 2015 | $201K | $197K | $13K | $0 | — | View 990 |
| 2014 | $210K | $210K | $9K | $0 | — | View 990 |
| 2013 | $142K | $133K | $9K | $0 | — | View 990 |
| 2012 | $139K | $140K | $4K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $528K, expenses of $617K, and assets of $23K (revenue +5.4% year-over-year).
- 2022: Revenue of $501K, expenses of $581K, and assets of $112K (revenue +21.9% year-over-year).
- 2021: Revenue of $411K, expenses of $269K, and assets of $195K (revenue -7.0% year-over-year).
- 2020: Revenue of $442K, expenses of $424K, and assets of $49K (revenue +0.7% year-over-year).
- 2019: Revenue of $439K, expenses of $453K, and assets of $32K (revenue -1.2% year-over-year).
- 2018: Revenue of $444K, expenses of $383K, and assets of $45K (revenue +45.6% year-over-year).
- 2017: Revenue of $305K, expenses of $331K, and assets of $3K (revenue -11.3% year-over-year).
- 2016: Revenue of $344K, expenses of $347K, and assets of $10K (revenue +71.1% year-over-year).
- 2015: Revenue of $201K, expenses of $197K, and assets of $13K (revenue -4.3% year-over-year).
- 2014: Revenue of $210K, expenses of $210K, and assets of $9K (revenue +47.4% year-over-year).
- 2013: Revenue of $142K, expenses of $133K, and assets of $9K (revenue +2.4% year-over-year).
- 2012: Revenue of $139K, expenses of $140K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marigny Opera House Foundation:
Data Sources and Methodology
This transparency report for Marigny Opera House Foundation 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.