Opera Company Of Middlebury Inc
Opera Company Of Middlebury experiences significant revenue and asset growth in latest fiscal year, maintaining 0% officer compensation.
EIN: 201993530 · Middlebury, VT · NTEE: A6A · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $340K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $491,326. |
| Net Assets | $191K |
| Transparency Score | 90/100 |
Is Opera Company Of Middlebury Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Opera Company Of Middlebury Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Opera Company Of Middlebury Inc
Opera Company Of Middlebury Inc (EIN: 201993530) is a nonprofit organization based in Middlebury, VT, classified under NTEE code A6A. The organization reported total revenue of $318K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opera Company Of Middlebury Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opera Company Of Middlebury Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 58.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $491K |
| Total Expenses | $340K |
| Surplus / Deficit | +$152K |
| Total Assets | $198K |
| Total Liabilities | $7K |
| Net Assets | $191K |
| Operating Margin | 30.8% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, Opera Company Of Middlebury Inc reported a surplus of $152K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Opera Company Of Middlebury Inc's revenue has grown at a compound annual growth rate (CAGR) of 58.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +170.5% | +66.0% | +933.1% |
| 2022 | -22.0% | -33.1% | -55.5% |
| 2021 | +40.0% | +345.4% | -62.5% |
| 2020 | -18.6% | -70.8% | +350.6% |
| 2019 | +9.8% | +31.2% | -52.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Opera Company Of Middlebury Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Opera Company Of Middlebury Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $152K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with latest revenue of $491,326.
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 Opera Company Of Middlebury Inc's IRS 990 filings:
- Periods of expenses exceeding revenue in prior years (e.g., 202210, 202110, 201910), indicating potential reliance on reserves or fluctuating income.
Strengths
The following positive indicators were identified for Opera Company Of Middlebury Inc:
- Consistent 0% officer compensation, demonstrating highly efficient use of funds and volunteer leadership.
- Significant revenue growth in the latest fiscal period (202310) to $491,326.
- Substantial increase in assets in the latest fiscal period (202310) to $198,433, indicating strong financial health.
- Low liabilities across most filing periods, suggesting sound financial management and minimal debt.
Frequently Asked Questions about Opera Company Of Middlebury Inc
Is Opera Company Of Middlebury Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Opera Company Of Middlebury Inc (EIN: 201993530) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Opera Company Of Middlebury Inc spend its money?
Opera Company Of Middlebury Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Opera Company Of Middlebury Inc tax-deductible?
Opera Company Of Middlebury Inc is registered as a tax-exempt nonprofit (EIN: 201993530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Opera Company Of Middlebury Inc CEO make?
Opera Company Of Middlebury Inc's highest-compensated officer earns $491,326. annually. The organization reported $318K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Opera Company Of Middlebury Inc's spending goes to programs?
Opera Company Of Middlebury Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Opera Company Of Middlebury Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Opera Company Of Middlebury Inc is above average for NTEE category A6A nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Opera Company Of Middlebury Inc located?
Opera Company Of Middlebury Inc is headquartered in Middlebury, Vermont and files with the IRS under EIN 201993530. It is classified under NTEE code A6A.
How many years of IRS 990 filings does Opera Company Of Middlebury Inc have?
Opera Company Of Middlebury Inc has 14 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 $318K in total revenue.
Is Opera Company Of Middlebury Inc financially stable?
While the latest filing (202310) shows strong financial health with revenue exceeding expenses ($491,326 vs. $339,764) and significant asset growth, previous years have shown periods where expenses exceeded revenue, suggesting some financial fluctuations. The overall trend in assets, especially the jump in 202310, indicates improving stability.
How does Opera Company Of Middlebury Inc manage its administrative costs?
The organization appears to manage administrative costs very efficiently, particularly evidenced by the consistent reporting of 0% officer compensation across all filings, indicating a volunteer-led structure.
What is the trend in the organization's assets?
The organization's assets have shown significant growth, particularly from $19,207 in 202210 to $198,433 in 202310, indicating a strong financial year and accumulation of resources.
Filing History
IRS 990 filing history for Opera Company Of Middlebury Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Opera Company Of Middlebury Inc's revenue has grown by 25187%, moving from $2K to $491K. Total assets increased by 889.9% over the same period, from $20K to $198K. Total functional expenses rose by 7307.1%, from $5K to $340K. In its most recent filing year (2023), Opera Company Of Middlebury Inc reported a surplus of $152K, with revenue exceeding expenses. The organization holds $7K in liabilities against $198K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $191K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $491K | $340K | $198K | $7K | — | — |
| 2022 | $182K | $205K | $19K | $292 | — | View 990 |
| 2021 | $233K | $306K | $43K | $1K | — | View 990 |
| 2020 | $166K | $69K | $115K | $0 | — | — |
| 2019 | $204K | $235K | $26K | $6K | — | View 990 |
| 2018 | $186K | $179K | $54K | $3K | — | View 990 |
| 2017 | $178K | $184K | $44K | $766 | — | View 990 |
| 2016 | $178K | $194K | $52K | $4K | — | — |
| 2015 | $166K | $184K | $67K | $3K | — | View 990 |
| 2014 | $21K | $37K | $84K | $3K | — | View 990 |
| 2014 | $130K | $116K | $98K | $778 | — | View 990 |
| 2013 | $73K | $3K | $84K | $0 | — | View 990 |
| 2012 | $-167 | $6K | $14K | $0 | — | View 990 |
| 2011 | $2K | $5K | $20K | $-231 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $491K, expenses of $340K, and assets of $198K (revenue +170.5% year-over-year).
- 2022: Revenue of $182K, expenses of $205K, and assets of $19K (revenue -22.0% year-over-year).
- 2021: Revenue of $233K, expenses of $306K, and assets of $43K (revenue +40.0% year-over-year).
- 2020: Revenue of $166K, expenses of $69K, and assets of $115K (revenue -18.6% year-over-year).
- 2019: Revenue of $204K, expenses of $235K, and assets of $26K (revenue +9.8% year-over-year).
- 2018: Revenue of $186K, expenses of $179K, and assets of $54K (revenue +4.5% year-over-year).
- 2017: Revenue of $178K, expenses of $184K, and assets of $44K (revenue -0.1% year-over-year).
- 2016: Revenue of $178K, expenses of $194K, and assets of $52K (revenue +7.5% year-over-year).
- 2015: Revenue of $166K, expenses of $184K, and assets of $67K (revenue +700.2% year-over-year).
- 2014: Revenue of $21K, expenses of $37K, and assets of $84K (revenue -84.0% year-over-year).
- 2014: Revenue of $130K, expenses of $116K, and assets of $98K (revenue +76.5% year-over-year).
- 2013: Revenue of $73K, expenses of $3K, and assets of $84K.
- 2012: Revenue of $-167, expenses of $6K, and assets of $14K (revenue -108.6% year-over-year).
- 2011: Revenue of $2K, expenses of $5K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opera Company Of Middlebury Inc:
Data Sources and Methodology
This transparency report for Opera Company Of Middlebury 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.