The Atlanta Opera Inc
Only null% goes to programs Strong reserves Growing revenue
The Atlanta Opera Inc is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1979, with $15,060,115 in FY2023 revenue. CharityIndex grades it B.
1575 Northside Dr Nw, Atlanta, GA, 30318 EIN 58-1371843 Since 1979
Revenue (FY2023)
$15.1M
▼ 13.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$16.5M
Net assets
$39.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 The Atlanta Opera Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating29 mo reserves · -10% 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 The Atlanta Opera Inc: 29 mo reserves · -10% margin earns a B+ 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 The Atlanta Opera 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 The Atlanta Opera Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1575 Northside Dr Nw, Atlanta, GA, 30318
- City
- Atlanta
- State
- Georgia
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Website
- …
Financial trends
Revenue grew from $4.1M (FY2013) to $15.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6.5MNet assets $39.3M
Operating margin
-9.5%
Spent more than it raised in the latest fiscal year.
Total assets
$45.9M
Total liabilities
$6.5M
Net assets
$39.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $15,060,115▼13.5% | $16,497,253▲26.2% | $39,343,992▼1.8% | $45,875,502▲4.4% | 990 |
| 2022 | $17,407,221▼37.2% | $13,071,161▲20.7% | $40,067,059▲8.0% | $43,936,096▲11.8% | 990 |
| 2021 | $27,735,850▲126% | $10,833,345▲49.0% | $37,115,879▲52.4% | $39,297,850▲45.6% | 990 |
| 2020 | $12,248,438▲83.2% | $7,268,517▼15.6% | $24,359,792▲43.1% | $26,985,184▲39.5% | 990 |
| 2019 | $6,684,678▼36.4% | $8,614,474▼1.4% | $17,017,143▼10.0% | $19,344,471▼5.1% | 990 |
| 2018 | $10,514,742▼27.8% | $8,740,567▲12.6% | $18,913,248▲12.7% | $20,382,279▲10.1% | 990 |
| 2017 | $14,557,314▲75.9% | $7,764,197▲12.3% | $16,787,238▲74.7% | $18,508,144▲69.0% | 990 |
| 2016 | $8,275,310▲46.7% | $6,915,902▲22.8% | $9,607,798▲27.0% | $10,951,204▲25.0% | 990 |
| 2015 | $5,639,664▼4.9% | $5,632,497▲9.2% | $7,567,631▼2.8% | $8,763,231▼3.3% | 990 |
| 2014 | $5,932,280▲45.8% | $5,159,524▲4.1% | $7,789,524▲6.5% | $9,057,657▲7.4% | 990 |
| 2013 | $4,068,118 | $4,956,193▼6.7% | $7,313,195▼3.7% | $8,433,087▼2.2% | 990 |
| 2012 | — | $5,312,829▼9.7% | $7,595,688▼1.9% | $8,622,883▼2.4% | 990 |
| 2011 | — | $5,885,483▲8.0% | $7,740,206▼18.8% | $8,838,261▼15.6% | 990 |
| 2010 | — | $5,448,971▼18.1% | $9,526,540▲420% | $10,475,565▲256% | 990 |
| 2009 | — | $6,655,186 | $1,833,362 | $2,942,653 | 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 · $6.5M total
90 grants to The Atlanta Opera Inc totaling $6.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Thdf II Inc | To assist local charities | 2024 | $200,000 |
| American Endowment Foundation | Arts, culture | 2024 | $164,087 |
| American Online Giving Foundation Inc | General support | 2024 | $158,244 |
| Halle Foundation | To support the first two operas of wagner's ring cycle, as well as provide ample supplementary cultural and educational programming. | 2024 | $125,000 |
| The Community Foundation For Greater Atlanta Inc | Arts/culture/humanities | 2024 | $104,500 |
| The Bessemer Giving Fund | General support | 2024 | $15,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $6,000 |
| Thdf II Inc | To assist local charities | 2023 | $200,000 |
| American Endowment Foundation | Arts, culture | 2023 | $157,297 |
| Halle Foundation | To support the first two operas of wagner's ring cycle, as well as provide ample supplementary cultural and educational programming. | 2023 | $125,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $103,150 |
| American Online Giving Foundation Inc | General support | 2023 | $100,789 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $83,200 |
| The Community Foundation For Greater Atlanta Inc | Arts/culture/humanities | 2023 | $55,000 |
| Jewish Federation of Greater Atlanta Inc | Donations | 2023 | $26,000 |
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Frequently asked questions
- Is The Atlanta Opera Inc a legitimate nonprofit?
- Yes. The Atlanta Opera Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1371843, based in Atlanta, Georgia. Donations are tax-deductible.
- What is The Atlanta Opera Inc's EIN?
- The Atlanta Opera Inc's Employer Identification Number (EIN) is 58-1371843.
- How much revenue does The Atlanta Opera Inc report?
- The Atlanta Opera Inc reported $15,060,115 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does The Atlanta Opera Inc have?
- CharityIndex grades The Atlanta Opera Inc B, based on financial health (reserves and operating margin).
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Data for The Atlanta Opera Inc (EIN 58-1371843) 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.