Victorian Lyric Opera Company
Victorian Lyric Opera Company maintains strong volunteer leadership and growing assets despite fluctuating annual revenues.
EIN: 201241410 · Rockville, MD · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $168K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $202K |
| Transparency Score | 92/100 |
Is Victorian Lyric Opera Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Victorian Lyric Opera Company directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Victorian Lyric Opera Company
Victorian Lyric Opera Company (EIN: 201241410) is a nonprofit organization based in Rockville, MD, classified under NTEE code A60. The organization reported total revenue of $200K and total assets of $255K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victorian Lyric Opera Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Victorian Lyric Opera Company is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $168K |
| Surplus / Deficit | +$39K |
| Total Assets | $236K |
| Total Liabilities | $34K |
| Net Assets | $202K |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Victorian Lyric Opera Company reported a surplus of $39K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Victorian Lyric Opera Company's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +174.2% | +33.9% | +22.7% |
| 2022 | -30.2% | +218.8% | -23.6% |
| 2021 | -11.6% | -58.6% | +37.5% |
| 2020 | -45.4% | -30.0% | +14.6% |
| 2019 | +160.8% | +89.0% | +134.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Victorian Lyric Opera Company with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Victorian Lyric Opera Company allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.3%.
Executive Compensation Analysis
The Victorian Lyric Opera Company consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This is highly commendable for an organization of its size, with revenues reaching over $200,000 in recent years, and suggests a strong dedication to directing all available funds towards its artistic mission.
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 Victorian Lyric Opera Company's IRS 990 filings:
- Revenue volatility: Revenue has fluctuated significantly year-to-year, from $75,356 in 2022 to $206,623 in 2023, which could pose planning challenges.
Strengths
The following positive indicators were identified for Victorian Lyric Opera Company:
- Zero executive compensation: Consistently reports 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Strong asset growth: Assets have steadily increased from $53,722 in 2017 to $235,805 in 2023, demonstrating financial health and sustainability.
- Positive net income in most years: The organization frequently generates a surplus, such as in 2023 ($206,623 revenue vs. $167,718 expenses), allowing for reinvestment in its mission.
- Low liabilities: Liabilities are generally very low, with $33,726 in 2023, indicating a healthy balance sheet.
Frequently Asked Questions about Victorian Lyric Opera Company
Is Victorian Lyric Opera Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Victorian Lyric Opera Company (EIN: 201241410) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Victorian Lyric Opera Company spend its money?
Victorian Lyric Opera Company directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Victorian Lyric Opera Company tax-deductible?
Victorian Lyric Opera Company is registered as a tax-exempt nonprofit (EIN: 201241410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Victorian Lyric Opera Company CEO make?
Victorian Lyric Opera Company's highest-compensated officer earns $200,000 annually. The organization reported $200K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Victorian Lyric Opera Company's spending goes to programs?
Victorian Lyric Opera Company directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Victorian Lyric Opera Company compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Victorian Lyric Opera Company is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Victorian Lyric Opera Company located?
Victorian Lyric Opera Company is headquartered in Rockville, Maryland and files with the IRS under EIN 201241410. It is classified under NTEE code A60.
How many years of IRS 990 filings does Victorian Lyric Opera Company have?
Victorian Lyric Opera Company has 12 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 $200K in total revenue.
Is the Victorian Lyric Opera Company financially stable?
Yes, despite some annual fluctuations in revenue and expenses (e.g., a deficit in 2022 with $75,356 revenue vs. $125,222 expenses), the organization has consistently grown its assets, reaching $235,805 in 2023, indicating long-term financial stability.
How does the organization manage executive compensation?
The Victorian Lyric Opera Company reports 0% officer compensation in all available filings, meaning its executive leadership is entirely volunteer-based, which is a significant strength for a nonprofit of its size.
Has the organization experienced significant growth?
Yes, the organization's assets have grown substantially from $53,722 in 2017 to $235,805 in 2023, demonstrating significant financial growth over the past several years.
Filing History
IRS 990 filing history for Victorian Lyric Opera Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Victorian Lyric Opera Company's revenue has grown by 154.7%, moving from $81K to $207K. Total assets increased by 1136.5% over the same period, from $19K to $236K. Total functional expenses rose by 107.7%, from $81K to $168K. In its most recent filing year (2023), Victorian Lyric Opera Company reported a surplus of $39K, with revenue exceeding expenses. The organization holds $34K in liabilities against $236K in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $202K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $168K | $236K | $34K | — | View 990 |
| 2022 | $75K | $125K | $192K | $3K | — | View 990 |
| 2021 | $108K | $39K | $251K | $0 | — | View 990 |
| 2020 | $122K | $95K | $183K | $0 | — | View 990 |
| 2019 | $224K | $135K | $160K | $4K | — | View 990 |
| 2018 | $86K | $72K | $68K | $367 | — | View 990 |
| 2017 | $99K | $101K | $54K | $0 | — | — |
| 2016 | $105K | $103K | $56K | $72 | — | View 990 |
| 2015 | $93K | $96K | $55K | $19 | — | View 990 |
| 2014 | $116K | $84K | $59K | $0 | — | View 990 |
| 2013 | $86K | $80K | $27K | $0 | — | View 990 |
| 2012 | $81K | $81K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $168K, and assets of $236K (revenue +174.2% year-over-year).
- 2022: Revenue of $75K, expenses of $125K, and assets of $192K (revenue -30.2% year-over-year).
- 2021: Revenue of $108K, expenses of $39K, and assets of $251K (revenue -11.6% year-over-year).
- 2020: Revenue of $122K, expenses of $95K, and assets of $183K (revenue -45.4% year-over-year).
- 2019: Revenue of $224K, expenses of $135K, and assets of $160K (revenue +160.8% year-over-year).
- 2018: Revenue of $86K, expenses of $72K, and assets of $68K (revenue -13.6% year-over-year).
- 2017: Revenue of $99K, expenses of $101K, and assets of $54K (revenue -5.1% year-over-year).
- 2016: Revenue of $105K, expenses of $103K, and assets of $56K (revenue +12.8% year-over-year).
- 2015: Revenue of $93K, expenses of $96K, and assets of $55K (revenue -20.0% year-over-year).
- 2014: Revenue of $116K, expenses of $84K, and assets of $59K (revenue +34.6% year-over-year).
- 2013: Revenue of $86K, expenses of $80K, and assets of $27K (revenue +6.1% year-over-year).
- 2012: Revenue of $81K, expenses of $81K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Victorian Lyric Opera Company:
Data Sources and Methodology
This transparency report for Victorian Lyric Opera Company 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.