The Opera House At Boothbay Harbor
The Opera House At Boothbay Harbor maintains strong financial health with growing assets and no reported officer compensation.
EIN: 10528754 · Boothbay Hbr, ME · NTEE: A116 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $764K |
| Total Expenses | $580K |
| Program Spending | 85% |
| Net Assets | $3.0M |
| Transparency Score | 90/100 |
Is The Opera House At Boothbay Harbor Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Opera House At Boothbay Harbor directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Opera House At Boothbay Harbor
The Opera House At Boothbay Harbor (EIN: 10528754) is a nonprofit organization based in Boothbay Hbr, ME, classified under NTEE code A116. The organization reported total revenue of $764K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Opera House At Boothbay Harbor's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Opera House At Boothbay Harbor is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $583K |
| Total Expenses | $580K |
| Surplus / Deficit | +$3K |
| Total Assets | $3.0M |
| Total Liabilities | $708 |
| Net Assets | $3.0M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 62.9 months |
Financial Health Grade: A
In 2023, The Opera House At Boothbay Harbor reported a surplus of $3K with revenue exceeding expenses, holds 62.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Opera House At Boothbay Harbor's revenue has declined at a compound annual growth rate (CAGR) of -4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.5% | +16.1% | +4.7% |
| 2022 | +0.0% | +20.1% | -4.7% |
| 2021 | +40.9% | +18.6% | +7.3% |
| 2020 | -25.9% | -34.0% | +4.4% |
| 2019 | +3.6% | +5.9% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 The Opera House At Boothbay Harbor 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, The Opera House At Boothbay Harbor 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership roles are either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size and suggests excellent fiscal discipline.
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 The Opera House At Boothbay Harbor's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for The Opera House At Boothbay Harbor:
- Consistent asset growth, reaching over $3 million in 2023.
- Extremely low liabilities, consistently under $10,000 for most years, indicating minimal debt.
- 0% reported officer compensation across all filings, suggesting highly efficient or volunteer-led executive management.
- Positive revenue trend, with significant growth from $364,484 in 2020 to $582,571 in 2023.
- Balanced budget in recent years, with revenues closely matching expenses (e.g., $582,571 revenue vs. $579,801 expenses in 2023).
Frequently Asked Questions about The Opera House At Boothbay Harbor
Is The Opera House At Boothbay Harbor a legitimate charity?
Based on AI analysis of IRS 990 filings, The Opera House At Boothbay Harbor (EIN: 10528754) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does The Opera House At Boothbay Harbor spend its money?
The Opera House At Boothbay Harbor directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Opera House At Boothbay Harbor tax-deductible?
The Opera House At Boothbay Harbor is registered as a tax-exempt nonprofit (EIN: 10528754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Opera House At Boothbay Harbor's spending goes to programs?
The Opera House At Boothbay Harbor directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Opera House At Boothbay Harbor compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Opera House At Boothbay Harbor is above average for NTEE category A116 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Opera House At Boothbay Harbor located?
The Opera House At Boothbay Harbor is headquartered in Boothbay Hbr, Maine and files with the IRS under EIN 10528754. It is classified under NTEE code A116.
How many years of IRS 990 filings does The Opera House At Boothbay Harbor have?
The Opera House At Boothbay Harbor 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 $764K in total revenue.
Is The Opera House At Boothbay Harbor a good charity?
Based on the available financial data, The Opera House At Boothbay Harbor appears to be a very well-managed and fiscally responsible charity. They have consistently grown their assets, maintained low liabilities, and reported 0% officer compensation, indicating a strong commitment to directing resources towards their mission.
How has the organization's revenue trended over the last few years?
The organization's revenue has shown a positive trend, increasing from $364,484 in 2020 to $582,571 in 2023, demonstrating significant growth and financial resilience post-pandemic.
What is the organization's asset growth like?
The Opera House At Boothbay Harbor has consistently grown its assets, from $2,721,579 in 2019 to $3,041,072 in 2023, indicating sound financial management and potentially successful capital campaigns or investment returns.
Filing History
IRS 990 filing history for The Opera House At Boothbay Harbor showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Opera House At Boothbay Harbor's revenue has declined by 44.5%, moving from $1.1M to $583K. Total assets increased by 6% over the same period, from $2.9M to $3.0M. Total functional expenses rose by 66.1%, from $349K to $580K. In its most recent filing year (2023), The Opera House At Boothbay Harbor reported a surplus of $3K, with revenue exceeding expenses. The organization holds $708 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $583K | $580K | $3.0M | $708 | — | View 990 |
| 2022 | $513K | $499K | $2.9M | $4K | — | View 990 |
| 2021 | $513K | $416K | $3.0M | $7K | — | View 990 |
| 2020 | $364K | $351K | $2.8M | $6K | — | — |
| 2019 | $492K | $532K | $2.7M | $6K | — | View 990 |
| 2018 | $475K | $502K | $2.7M | $5K | — | View 990 |
| 2017 | $454K | $487K | $2.7M | $6K | — | View 990 |
| 2016 | $385K | $444K | $2.6M | $5K | — | View 990 |
| 2015 | $411K | $452K | $2.7M | $3K | — | View 990 |
| 2014 | $421K | $456K | $2.7M | $4K | — | View 990 |
| 2013 | $384K | $420K | $2.8M | $4K | — | View 990 |
| 2012 | $330K | $384K | $2.8M | $6K | — | View 990 |
| 2011 | $1.1M | $349K | $2.9M | $40 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $583K, expenses of $580K, and assets of $3.0M (revenue +13.5% year-over-year).
- 2022: Revenue of $513K, expenses of $499K, and assets of $2.9M (revenue +0.0% year-over-year).
- 2021: Revenue of $513K, expenses of $416K, and assets of $3.0M (revenue +40.9% year-over-year).
- 2020: Revenue of $364K, expenses of $351K, and assets of $2.8M (revenue -25.9% year-over-year).
- 2019: Revenue of $492K, expenses of $532K, and assets of $2.7M (revenue +3.6% year-over-year).
- 2018: Revenue of $475K, expenses of $502K, and assets of $2.7M (revenue +4.5% year-over-year).
- 2017: Revenue of $454K, expenses of $487K, and assets of $2.7M (revenue +18.1% year-over-year).
- 2016: Revenue of $385K, expenses of $444K, and assets of $2.6M (revenue -6.5% year-over-year).
- 2015: Revenue of $411K, expenses of $452K, and assets of $2.7M (revenue -2.4% year-over-year).
- 2014: Revenue of $421K, expenses of $456K, and assets of $2.7M (revenue +9.9% year-over-year).
- 2013: Revenue of $384K, expenses of $420K, and assets of $2.8M (revenue +16.4% year-over-year).
- 2012: Revenue of $330K, expenses of $384K, and assets of $2.8M (revenue -68.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $349K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Opera House At Boothbay Harbor:
Data Sources and Methodology
This transparency report for The Opera House At Boothbay Harbor 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.