Opera North
Opera North: Financial Stability and Program Focus
EIN: 222519789 · Lebanon, NH · NTEE: A6A0 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $832K |
| Total Expenses | $849K |
| Program Spending | 78% |
| Net Assets | $199K |
| Transparency Score | 75/100 |
Is Opera North Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Opera North directs 78% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Opera North
Opera North (EIN: 222519789) is a nonprofit organization based in Lebanon, NH, classified under NTEE code A6A0. The organization reported total revenue of $832K and total assets of $386K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opera North's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opera North is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $660K |
| Total Expenses | $849K |
| Surplus / Deficit | $-189,127 |
| Total Assets | $386K |
| Total Liabilities | $187K |
| Net Assets | $199K |
| Operating Margin | -28.7% |
| Debt-to-Asset Ratio | 48.4% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2023, Opera North reported a deficit of $189K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 48.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Opera North's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.9% | +8.3% | -29.4% |
| 2022 | +15.7% | +25.8% | +90.4% |
| 2021 | +57.7% | +47.2% | +166.1% |
| 2020 | -37.5% | -49.5% | +33.2% |
| 2019 | -12.3% | -13.5% | +34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 North 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: 12%
- programs: 78%
- fundraising: 10%
According to IRS 990 filings, Opera North allocates its expenses as follows: admin: 12%, programs: 78%, fundraising: 10%. With 78% 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 deficit of $189K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related party compensation suggests no immediate red flags regarding self-dealing.
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 North's IRS 990 filings:
- Total assets have fluctuated significantly, from a high of $546,133 in 2022 to $385,835 in 2023, warranting further investigation into asset management strategies.
Strengths
The following positive indicators were identified for Opera North:
- Opera North consistently allocates a high percentage of its expenses to programs, demonstrating strong mission focus.
- The organization has maintained positive net assets over the years, indicating financial solvency.
- Revenue has shown resilience, with a notable recovery in 2023 to $659,599 after a dip in 2020.
Frequently Asked Questions about Opera North
Is Opera North a legitimate charity?
Based on AI analysis of IRS 990 filings, Opera North (EIN: 222519789) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Opera North spend its money?
Opera North directs 78% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Opera North tax-deductible?
Opera North is registered as a tax-exempt nonprofit (EIN: 222519789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Opera North's spending goes to programs?
Opera North directs 78% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Opera North compare to similar nonprofits?
With a transparency score of 75/100 (Good), Opera North 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 Opera North located?
Opera North is headquartered in Lebanon, New Hampshire and files with the IRS under EIN 222519789. It is classified under NTEE code A6A0.
How many years of IRS 990 filings does Opera North have?
Opera North 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 $832K in total revenue.
What does Opera North do?
Opera North is a nonprofit organization in the Arts, Culture & Humanities sector, located in Lebanon, New Hampshire. It is classified under NTEE code A6A0.
How much revenue does Opera North have?
Opera North reported total revenue of $832,435. Based on 13 IRS 990 filings on record.
What are Opera North's total assets?
Opera North holds total assets of $385,835 as reported in IRS 990 filings.
Where is Opera North located?
Opera North is based in Lebanon, New Hampshire.
What is Opera North's EIN?
Opera North's Employer Identification Number (EIN) is 222519789. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Opera North?
Opera North is classified under NTEE code A6A0 (Arts, Culture & Humanities).
Is Opera North a registered 501(c)(3)?
Yes, Opera North is recognized as a tax-exempt organization by the IRS. EIN: 222519789.
Does Opera North file IRS Form 990?
Yes, Opera North has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Opera North's revenue in 2023?
In the 202309 filing period, Opera North reported total revenue of $659,599, total expenses of $848,726, and net assets of $385,835.
Is Opera North's revenue growing or declining?
Opera North's revenue is declining. Revenue went from $982,913 (202209) to $659,599 (202309), a -32.9% change. Based on 13 filings on record.
What is Opera North's most recent 990 filing?
The most recent IRS Form 990 filing for Opera North covers tax period 202309. It shows revenue of $659,599, expenses of $848,726, total assets of $385,835, and liabilities of $186,613.
How much does Opera North spend on programs vs administration?
Based on IRS 990 analysis, Opera North allocates approximately 78% of expenses to program services, 12% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Opera North a trustworthy charity?
Based on AI analysis of IRS 990 data, Opera North appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Opera North?
The following concerns were identified: Total assets have fluctuated significantly, from a high of $546,133 in 2022 to $385,835 in 2023, warranting further investigation into asset management strategies.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Opera North's strengths?
Positive indicators for Opera North include: Opera North consistently allocates a high percentage of its expenses to programs, demonstrating strong mission focus.. The organization has maintained positive net assets over the years, indicating financial solvency.. Revenue has shown resilience, with a notable recovery in 2023 to $659,599 after a dip in 2020.. These findings are derived from AI analysis of the organization's financial filings.
How does Opera North compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related party compensation suggests no immediate red flags regarding self-dealing. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Opera North manage its asset fluctuations, particularly the drop from $546,133 in 2022 to $385,835 in 2023, and what impact does this have on long-term sustainability?
The provided data shows a significant decrease in assets. A deeper dive into their financial statements would be needed to understand if this is due to strategic asset utilization, depreciation, or other factors affecting their financial health and long-term operational capacity.
Filing History
IRS 990 filing history for Opera North showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Opera North's revenue has declined by 9%, moving from $725K to $660K. Total assets increased by 365.9% over the same period, from $83K to $386K. Total functional expenses rose by 20.2%, from $706K to $849K. In its most recent filing year (2023), Opera North reported a deficit of $189K, with expenses exceeding revenue. The organization holds $187K in liabilities against $386K in assets (debt-to-asset ratio: 48.4%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $660K | $849K | $386K | $187K | — | — |
| 2022 | $983K | $784K | $546K | $120K | — | View 990 |
| 2021 | $850K | $623K | $287K | $60K | — | — |
| 2020 | $539K | $423K | $108K | $108K | — | View 990 |
| 2019 | $862K | $839K | $81K | $196K | — | View 990 |
| 2018 | $983K | $969K | $60K | $199K | — | View 990 |
| 2017 | $812K | $912K | $44K | $197K | — | View 990 |
| 2016 | $854K | $939K | $199K | $251K | — | View 990 |
| 2015 | $971K | $862K | $244K | $211K | — | View 990 |
| 2014 | $793K | $786K | $73K | $149K | — | View 990 |
| 2013 | $708K | $701K | $53K | $136K | — | View 990 |
| 2012 | $687K | $763K | $32K | $122K | — | View 990 |
| 2011 | $725K | $706K | $83K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $660K, expenses of $849K, and assets of $386K (revenue -32.9% year-over-year).
- 2022: Revenue of $983K, expenses of $784K, and assets of $546K (revenue +15.7% year-over-year).
- 2021: Revenue of $850K, expenses of $623K, and assets of $287K (revenue +57.7% year-over-year).
- 2020: Revenue of $539K, expenses of $423K, and assets of $108K (revenue -37.5% year-over-year).
- 2019: Revenue of $862K, expenses of $839K, and assets of $81K (revenue -12.3% year-over-year).
- 2018: Revenue of $983K, expenses of $969K, and assets of $60K (revenue +21.1% year-over-year).
- 2017: Revenue of $812K, expenses of $912K, and assets of $44K (revenue -5.0% year-over-year).
- 2016: Revenue of $854K, expenses of $939K, and assets of $199K (revenue -12.0% year-over-year).
- 2015: Revenue of $971K, expenses of $862K, and assets of $244K (revenue +22.5% year-over-year).
- 2014: Revenue of $793K, expenses of $786K, and assets of $73K (revenue +11.9% year-over-year).
- 2013: Revenue of $708K, expenses of $701K, and assets of $53K (revenue +3.1% year-over-year).
- 2012: Revenue of $687K, expenses of $763K, and assets of $32K (revenue -5.2% year-over-year).
- 2011: Revenue of $725K, expenses of $706K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opera North:
Data Sources and Methodology
This transparency report for Opera North 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.