Grand Opera House Inc
Only null% goes to programs Strong reserves Growing revenue
Grand Opera House Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1972, with $7,691,892 in FY2023 revenue. CharityIndex grades it D.
818 N Market Street, Wilmington, DE, 19801 EIN 51-0116569 Since 1972
Revenue (FY2023)
$7.7M
▲ 25.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$9.8M
Net assets
$13.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Grand Opera House Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating17 mo reserves · -27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Grand Opera House Inc: 17 mo reserves · -27% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Grand Opera House Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Grand Opera House Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 818 N Market Street, Wilmington, DE, 19801
- City
- Wilmington
- State
- Delaware
- Category
- Arts, Culture & Humanities
- Subcategory
- Historical Societies
- Website
- …
Financial trends
Revenue grew from $7.5M (FY2013) to $7.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $4.1MNet assets $13.5M
Operating margin
-26.8%
Spent more than it raised in the latest fiscal year.
Total assets
$17.7M
Total liabilities
$4.1M
Net assets
$13.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,691,892▲25.7% | $9,756,591▲25.9% | $13,547,030▼10.2% | $17,685,968▼2.9% | 990 |
| 2022 | $6,118,218▼55.0% | $7,748,846▲21.4% | $15,088,778▼8.6% | $18,212,288 | 990 |
| 2021 | $13,599,568▲193% | $6,382,538▲76.4% | $16,507,621▲65.6% | $18,206,983▲23.1% | 990 |
| 2020 | $4,641,667▼23.8% | $3,617,662▼45.8% | $9,967,358▲13.7% | $14,790,071▲21.5% | 990 |
| 2019 | $6,093,792▼7.4% | $6,676,096▼8.6% | $8,765,356▼5.9% | $12,172,055▲0.8% | 990 |
| 2018 | $6,584,285▼7.4% | $7,303,585▼12.0% | $9,319,814▼8.6% | $12,078,565▼1.8% | 990 |
| 2017 | $7,108,007▼6.2% | $8,300,378▼7.1% | $10,198,616▼11.9% | $12,298,313▼10.9% | 990 |
| 2016 | $7,579,941▼12.5% | $8,933,347▼0.6% | $11,574,821▼8.0% | $13,799,869▼6.0% | 990 |
| 2015 | $8,658,201▲44.0% | $8,989,245▲18.8% | $12,581,357▼5.2% | $14,681,368▼8.6% | 990 |
| 2014 | $6,014,356▼19.6% | $7,566,376▲32.4% | $13,267,596▼10.5% | $16,068,109▼3.3% | 990 |
| 2013 | $7,483,899 | $5,713,449▼10.0% | $14,819,616▲13.6% | $16,622,042▼8.0% | 990 |
| 2012 | — | $6,345,780▲2.3% | $13,049,166▼10.9% | $18,059,881▼9.0% | 990 |
| 2011 | — | $6,201,552 | $14,638,853 | $19,846,980 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $3.0M total
26 grants to Grand Opera House Inc totaling $3.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Wilmington University Inc | Sponsorship of annual gala and golf classic | 2024 | $13,000 |
| The Nemours Foundation | Donation | 2024 | $7,500 |
| Delaware Community Foundation | Restricted for capital related expenses; restricted to costs to rent and operate facilities; unrestricted support | 2023 | $247,904 |
| Wilmington University Inc | Sponsorship | 2023 | $13,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,250 |
| Wilmington University Inc | Sponsorship | 2022 | $13,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,400 |
| Delaware Community Foundation | Unrestricted support, the grand's sensory-friendly family programming | 2022 | $5,365 |
| Delaware Community Foundation | Support for the rise campaign, capital campaign and unrestricted support | 2021 | $8,115 |
| Network For Good Inc | Unrestricted | 2021 | $6,975 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,365 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,365 |
| Delaware Community Foundation | Restricted support for gilliam family fund diversity programming, support for grand opera house sesquicentennial, winter in wilmington light show, restricted support for the endowment campaign and other unrestricted support. | 2020 | $57,080 |
| Wilmington University Inc | Sponsorship | 2020 | $15,000 |
| Wilmington University Inc | Sponsorship | 2020 | $15,000 |
Similar organizations in Arts & Culture
Arts & Culture
Sewell C Biggs Trust 12-29-89
Dover, DE
$7.3M
Bannual revenue
Arts & Culture
Delaware Art Museum
Wilmington, DE
$6.3M
Bannual revenue
Arts & Culture
Friends of the@coastal Arts Pavilion At Freeman Park Inc
Selbyville, DE
$5.2M
Bannual revenue
Arts & Culture
Delaware College of Art and Design
Wilmington, DE
$4.9M
Dannual revenue
Arts & Culture
Improve the News Foundation
New Castle, DE
$4.2M
Bannual revenue
Arts & Culture
Christina Cultural Arts Center Inc
Wilmington, DE
$4.1M
Bannual revenue
Arts & Culture
Historical Society of Delaware
Wilmington, DE
$3.9M
Bannual revenue
Arts & Culture
Collegiate Network Inc
Wilmington, DE
$3.7M
Cannual revenue
Arts & Culture
Local Independent Online News Publishers Inc
Wilmington, DE
$11.8M
Bannual revenue
Arts & Culture
Delaware Theatre Company
Wilmington, DE
$3.1M
C+annual revenue
Compare Grand Opera House Inc
Frequently asked questions
- Is Grand Opera House Inc a legitimate nonprofit?
- Yes. Grand Opera House Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0116569, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Grand Opera House Inc's EIN?
- Grand Opera House Inc's Employer Identification Number (EIN) is 51-0116569.
- How much revenue does Grand Opera House Inc report?
- Grand Opera House Inc reported $7,691,892 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Grand Opera House Inc have?
- CharityIndex grades Grand Opera House Inc D, based on financial health (reserves and operating margin).
More nonprofits in Wilmington
Explore more
Data for Grand Opera House Inc (EIN 51-0116569) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.