Opera House Arts

Opera House Arts maintains stable assets despite recent operational deficits and no reported executive compensation.

EIN: 10526734 · Stonington, ME · NTEE: A600 · Updated: 2026-03-28

$1.5MRevenue
$1.5MGross Revenue
$2.6MAssets
85/100Mission Score (Excellent)
A600

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Opera House Arts Financial Summary
MetricValue
Total Revenue$1.5M
Total Expenses$858K
Program Spending80%
CEO/Top Officer Pay$1.5M
Net Assets$1.9M
Transparency Score85/100

Search Intent Cockpit

Opera House Arts Form 990, Revenue, CEO Pay, and IRS Filing Signals

Opera House Arts is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Opera House Arts in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $738K and expenses of $858K.

Revenue and Expenses

Opera House Arts reported $738K in revenue and $858K in expenses, a deficit of $120K.

Executive Compensation

Top officer compensation appears as $1.5M in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Opera House Arts Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Opera House Arts Expense Deployment
Program services$686K (80%)

Across stored filings, Opera House Arts shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Opera House Arts Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Arts & Culture context

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Opera House Arts directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Opera House Arts

Opera House Arts (EIN: 10526734) is a nonprofit organization based in Stonington, ME, classified under NTEE code A600. The organization reported total revenue of $1.5M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opera House Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

27Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Opera House Arts is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$738K
Total Expenses$858K
Surplus / Deficit$-120,079
Total Assets$2.0M
Total Liabilities$128K
Net Assets$1.9M
Operating Margin-16.3%
Debt-to-Asset Ratio6.4%
Months of Reserves28.0 months

Financial Health Grade: B

In 2023, Opera House Arts reported a deficit of $120K with expenses exceeding revenue, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Opera House Arts's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+33.2%-6.4%-4.3%
2022-44.4%+37.2%-15.9%
2021+57.0%+28.9%+18.1%
2020-31.7%-43.4%+5.8%
2019+3.7%+19.4%+0.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1999

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Opera House Arts demonstrates a generally stable financial position with fluctuating revenues and expenses over the past decade. While the organization reported a net loss in 2023 ($737,845 revenue vs. $857,924 expenses) and 2022 ($553,744 revenue vs. $916,461 expenses), it has also experienced periods of significant surplus, such as in 2021 and 2014. The organization's assets have remained relatively consistent, hovering around $2 million to $2.5 million, indicating a solid asset base. Liabilities have generally been low, especially in recent years, suggesting good financial management and limited debt burden. The consistent reporting of 0% officer compensation across all filings indicates strong transparency regarding executive pay, as it suggests either a volunteer-led executive team or compensation below the reporting threshold, which is a positive sign for a nonprofit of this size. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits in recent years (2022 and 2023) warrant closer examination to understand if expenses are sustainably covered by revenue. The organization's NTEE code (A600 - Performing Arts) suggests a focus on cultural programming, and the financial data indicates a consistent level of activity. The lack of reported officer compensation is a significant positive for transparency and suggests resources are directed towards the mission rather than high executive salaries. Overall, Opera House Arts appears to be a well-established organization with a long filing history and a stable asset base. While recent years show some operational deficits, these are not severe enough to indicate immediate financial distress, especially given prior surpluses. The transparency around executive compensation is commendable. Further analysis of detailed expense categories would provide a more complete picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Opera House Arts with a Mission Score of 85 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: 80%
  • fundraising: 10%

According to IRS 990 filings, Opera House Arts allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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:

$738KTotal Revenue
$858KTotal Expenses
$2.0MTotal Assets
$128KTotal Liabilities
$1.9MNet Assets
  • The organization reported a deficit of $120K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 6.4%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating either a volunteer-led executive team or compensation levels below the IRS reporting threshold, which is a positive indicator for a nonprofit of this size ($1.5M latest revenue).

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 House Arts's IRS 990 filings:

  • Consistent operational deficits in recent years (2022 and 2023)
  • Significant year-over-year revenue fluctuations

Strengths

The following positive indicators were identified for Opera House Arts:

  • No reported officer compensation across all filings, indicating strong transparency and resource allocation
  • Stable asset base (around $2M-$2.5M) over a decade, suggesting financial resilience
  • Low liabilities in recent years, indicating good debt management
  • Long history of IRS 990 filings (13 filings), demonstrating consistent compliance

Frequently Asked Questions about Opera House Arts

Is Opera House Arts a legitimate charity?

Opera House Arts (EIN: 10526734) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Opera House Arts spend its money?

Opera House Arts directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Opera House Arts tax-deductible?

Opera House Arts is registered as a tax-exempt nonprofit (EIN: 10526734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Opera House Arts CEO make?

Opera House Arts's highest-compensated officer earns $1.5M annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Opera House Arts's spending goes to programs?

Opera House Arts directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Opera House Arts compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Opera House Arts is above average for NTEE category A600 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Opera House Arts located?

Opera House Arts is headquartered in Stonington, Maine and files with the IRS under EIN 10526734. It is classified under NTEE code A600.

How many years of IRS 990 filings does Opera House Arts have?

Opera House Arts 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 $1.5M in total revenue.

What caused the operational deficits in 2022 and 2023?

In 2022, expenses ($916,461) significantly exceeded revenue ($553,744), and in 2023, expenses ($857,924) also surpassed revenue ($737,845). Understanding the specific drivers of these increased expenses or decreased revenues would be crucial for assessing financial sustainability.

How does Opera House Arts sustain operations with fluctuating revenues?

The organization has experienced significant revenue fluctuations, from a high of $1,751,753 in 2014 to a low of $553,744 in 2022. Its ability to maintain operations and a stable asset base ($2.5M latest assets) despite these swings suggests effective financial planning or reliance on reserves during leaner years.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of how expenses are allocated. A deeper dive into the IRS 990 Part IX would be necessary to accurately assess spending efficiency and ensure a high percentage of funds are directed towards programs.

Filing History

IRS 990 filing history for Opera House Arts showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Opera House Arts's revenue has grown by 20.4%, moving from $613K to $738K. Total assets increased by 88.7% over the same period, from $1.1M to $2.0M. Total functional expenses rose by 38%, from $622K to $858K. In its most recent filing year (2023), Opera House Arts reported a deficit of $120K, with expenses exceeding revenue. The organization holds $128K in liabilities against $2.0M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $1.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $738K $858K $2.0M $128K
2022 $554K $916K $2.1M $118K View 990
2021 $996K $668K $2.5M $120K View 990
2020 $635K $518K $2.1M $128K View 990
2019 $929K $916K $2.0M $142K View 990
2018 $896K $767K $2.0M $142K View 990
2017 $612K $712K $2.0M $333K View 990
2016 $711K $840K $2.4M $565K View 990
2015 $686K $758K $2.5M $632K View 990
2014 $1.8M $774K $2.2M $204K View 990
2013 $703K $694K $1.2M $221K View 990
2012 $840K $687K $1.2M $226K View 990
2011 $613K $622K $1.1M $236K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $738K, expenses of $858K, and assets of $2.0M (revenue +33.2% year-over-year).
  • 2022: Revenue of $554K, expenses of $916K, and assets of $2.1M (revenue -44.4% year-over-year).
  • 2021: Revenue of $996K, expenses of $668K, and assets of $2.5M (revenue +57.0% year-over-year).
  • 2020: Revenue of $635K, expenses of $518K, and assets of $2.1M (revenue -31.7% year-over-year).
  • 2019: Revenue of $929K, expenses of $916K, and assets of $2.0M (revenue +3.7% year-over-year).
  • 2018: Revenue of $896K, expenses of $767K, and assets of $2.0M (revenue +46.5% year-over-year).
  • 2017: Revenue of $612K, expenses of $712K, and assets of $2.0M (revenue -14.0% year-over-year).
  • 2016: Revenue of $711K, expenses of $840K, and assets of $2.4M (revenue +3.6% year-over-year).
  • 2015: Revenue of $686K, expenses of $758K, and assets of $2.5M (revenue -60.8% year-over-year).
  • 2014: Revenue of $1.8M, expenses of $774K, and assets of $2.2M (revenue +149.1% year-over-year).
  • 2013: Revenue of $703K, expenses of $694K, and assets of $1.2M (revenue -16.3% year-over-year).
  • 2012: Revenue of $840K, expenses of $687K, and assets of $1.2M (revenue +37.1% year-over-year).
  • 2011: Revenue of $613K, expenses of $622K, and assets of $1.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Opera House Arts:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Opera House Arts 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.

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