Rochester Opera House Inc
Rochester Opera House Inc shows strong asset growth and no officer compensation, but experienced a deficit in 2023.
EIN: 20326588 · Rochester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1,654,025. |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Rochester Opera House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochester Opera House Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochester Opera House Inc
Rochester Opera House Inc (EIN: 20326588) is a nonprofit organization based in Rochester, NH. The organization reported total revenue of $1.7M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochester Opera House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochester Opera House Inc is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-267,729 |
| Total Assets | $1.6M |
| Total Liabilities | $536K |
| Net Assets | $1.0M |
| Operating Margin | -24.4% |
| Debt-to-Asset Ratio | 34.2% |
| Months of Reserves | 13.8 months |
Financial Health Grade: B
In 2023, Rochester Opera House Inc reported a deficit of $268K with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 34.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rochester Opera House Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.9% | +73.2% | -10.7% |
| 2022 | +82.4% | +71.5% | +80.0% |
| 2021 | -32.1% | -60.6% | +28.3% |
| 2020 | -18.7% | -6.9% | +9.4% |
| 2019 | +50.5% | +34.3% | +33.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Rochester Opera House Inc 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, Rochester Opera House Inc 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:
- The organization reported a deficit of $268K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.2%.
Executive Compensation Analysis
Rochester Opera House Inc consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries, which is highly commendable for an organization of its size with latest revenue of $1,654,025.
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 Rochester Opera House Inc's IRS 990 filings:
- Expenses exceeded revenue in the 2023 fiscal period ($1,363,429 vs. $1,095,700), indicating a deficit for that year.
- Significant increase in liabilities from $58,857 in 2014 to $536,409 in 2023, which warrants further investigation into their nature.
Strengths
The following positive indicators were identified for Rochester Opera House Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating excellent financial transparency and mission focus.
- Strong asset growth over the past decade, from $296,865 in 2014 to $1,570,358 in 2023, indicating effective long-term financial management.
- Overall upward trend in revenue over the long term, supporting organizational growth and sustainability.
- Consistent filing of IRS Form 990s for 13 periods, reflecting a commitment to public accountability.
Frequently Asked Questions about Rochester Opera House Inc
Is Rochester Opera House Inc a legitimate charity?
Rochester Opera House Inc (EIN: 20326588) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Rochester Opera House Inc spend its money?
Rochester Opera House Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rochester Opera House Inc tax-deductible?
Rochester Opera House Inc is registered as a tax-exempt nonprofit (EIN: 20326588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rochester Opera House Inc CEO make?
Rochester Opera House Inc's highest-compensated officer earns $1,654,025. annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rochester Opera House Inc's spending goes to programs?
Rochester Opera House Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rochester Opera House Inc located?
Rochester Opera House Inc is headquartered in Rochester, New Hampshire and files with the IRS under EIN 20326588.
How many years of IRS 990 filings does Rochester Opera House Inc have?
Rochester Opera House 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 $1.7M in total revenue.
Is Rochester Opera House Inc financially stable?
Yes, despite a deficit in 2023 where expenses ($1,363,429) exceeded revenue ($1,095,700), the organization has demonstrated significant asset growth from $296,865 in 2014 to $1,570,358 in 2023, indicating long-term financial stability and effective asset management.
How does Rochester Opera House Inc manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, which is an excellent indicator of transparency and a focus on mission-related spending rather than high executive salaries.
What is the trend in Rochester Opera House Inc's revenue?
Revenue has shown an overall upward trend over the past decade, from $541,232 in 2014 to a peak of $1,403,506 in 2022, though it experienced a dip to $1,095,700 in 2023.
Are there any concerns regarding liabilities?
Liabilities have increased from $58,857 in 2014 to $536,409 in 2023. While assets have grown significantly more, this increase in liabilities should be monitored to ensure it remains manageable relative to the organization's overall financial health and asset base.
Filing History
IRS 990 filing history for Rochester Opera House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rochester Opera House Inc's revenue has grown by 269.8%, moving from $296K to $1.1M. Total assets increased by 607.2% over the same period, from $222K to $1.6M. Total functional expenses rose by 344.3%, from $307K to $1.4M. In its most recent filing year (2023), Rochester Opera House Inc reported a deficit of $268K, with expenses exceeding revenue. The organization holds $536K in liabilities against $1.6M in assets (debt-to-asset ratio: 34.2%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.4M | $1.6M | $536K | — | View 990 |
| 2022 | $1.4M | $787K | $1.8M | $450K | — | View 990 |
| 2021 | $770K | $459K | $977K | $284K | — | View 990 |
| 2020 | $1.1M | $1.2M | $761K | $379K | — | View 990 |
| 2019 | $1.4M | $1.3M | $696K | $312K | — | View 990 |
| 2018 | $926K | $932K | $520K | $279K | — | — |
| 2017 | $740K | $719K | $535K | $294K | — | View 990 |
| 2016 | $676K | $652K | $315K | $95K | — | View 990 |
| 2015 | $573K | $615K | $330K | $133K | — | View 990 |
| 2014 | $541K | $512K | $297K | $59K | — | View 990 |
| 2013 | $430K | $397K | $272K | $63K | — | View 990 |
| 2012 | $459K | $376K | $226K | $49K | — | View 990 |
| 2011 | $296K | $307K | $222K | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.4M, and assets of $1.6M (revenue -21.9% year-over-year).
- 2022: Revenue of $1.4M, expenses of $787K, and assets of $1.8M (revenue +82.4% year-over-year).
- 2021: Revenue of $770K, expenses of $459K, and assets of $977K (revenue -32.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $761K (revenue -18.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $696K (revenue +50.5% year-over-year).
- 2018: Revenue of $926K, expenses of $932K, and assets of $520K (revenue +25.2% year-over-year).
- 2017: Revenue of $740K, expenses of $719K, and assets of $535K (revenue +9.5% year-over-year).
- 2016: Revenue of $676K, expenses of $652K, and assets of $315K (revenue +17.9% year-over-year).
- 2015: Revenue of $573K, expenses of $615K, and assets of $330K (revenue +5.9% year-over-year).
- 2014: Revenue of $541K, expenses of $512K, and assets of $297K (revenue +26.0% year-over-year).
- 2013: Revenue of $430K, expenses of $397K, and assets of $272K (revenue -6.4% year-over-year).
- 2012: Revenue of $459K, expenses of $376K, and assets of $226K (revenue +54.9% year-over-year).
- 2011: Revenue of $296K, expenses of $307K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochester Opera House Inc:
Data Sources and Methodology
This transparency report for Rochester Opera House 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.