The Gilbert & Sullivan Very Light Opera Company
Only null% goes to programs Strong reserves Growing revenue
The Gilbert & Sullivan Very Light Opera Company is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1981, with $142,314 in FY2024 revenue. CharityIndex grades it B.
Po Box 580172, Minneapolis, MN, 55458 EIN 41-1368101 Since 1981
Revenue (FY2024)
$142K
▲ 14.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$140K
Net assets
$141K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Gilbert & Sullivan Very Light Opera Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +2% 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 Gilbert & Sullivan Very Light Opera Company: 12 mo reserves · +2% margin earns a A 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 Gilbert & Sullivan Very Light Opera Company— 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 Gilbert & Sullivan Very Light Opera Company: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 580172, Minneapolis, MN, 55458
- City
- Minneapolis
- State
- Minnesota
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Website
- …
Financial trends
Revenue grew from $52K (FY2010) to $142K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $141K
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$141K
Total liabilities
$0
Net assets
$141K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $142,314▲14.1% | $139,638▲20.0% | $141,105▲2.1% | $141,105▲2.1% | 990EZ |
| 2023 | $124,729▲6.7% | $116,357▲7.0% | $138,255▲10.2% | $138,255▲10.2% | 990EZ |
| 2022 | $116,873▲603% | $108,750▲930% | $125,418▲6.9% | $125,418▲6.9% | 990EZ |
| 2021 | $16,636▼68.1% | $10,561▼68.8% | $117,295▲5.7% | $117,295▲5.7% | 990EZ |
| 2020 | $52,199▼42.4% | $33,836▼48.1% | $110,989▲19.8% | $110,989▲19.8% | 990EZ |
| 2019 | $90,697▲47.8% | $65,150▼16.8% | $92,626▲38.1% | $92,626▲38.1% | 990EZ |
| 2018 | $61,356▼35.8% | $78,341▼30.9% | $67,079▼20.2% | $67,079▼20.2% | 990EZ |
| 2017 | $95,615▲49.2% | $113,383▲66.3% | $84,064▼17.4% | $84,064▼17.4% | 990EZ |
| 2016 | $64,083▼10.8% | $68,161▲3.9% | $101,832▼3.9% | $101,832▼3.9% | 990EZ |
| 2015 | $71,861▲33.1% | $65,581▲20.6% | $105,910▲5.7% | $105,910▲5.7% | 990EZ |
| 2014 | $53,998▲6.9% | $54,365▼1.7% | $100,197▲3.5% | $100,197▲3.5% | 990EZ |
| 2013 | $50,521▼5.1% | $55,306▲3.4% | $96,824▲8.1% | $96,824▲8.1% | 990EZ |
| 2012 | $53,241▼12.5% | $53,472▲4.5% | $89,542▲5.8% | $89,542▲5.8% | 990EZ |
| 2011 | $60,876▲17.6% | $51,179▼10.8% | $84,628▲9.9% | $84,628▲9.9% | 990EZ |
| 2010 | $51,768 | $57,344 | $76,986 | $76,986 | 990EZ |
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 · $19K total
3 grants to The Gilbert & Sullivan Very Light Opera Company totaling $19K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2024 | $5,674 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $7,800 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $5,337 |
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Frequently asked questions
- Is The Gilbert & Sullivan Very Light Opera Company a legitimate nonprofit?
- Yes. The Gilbert & Sullivan Very Light Opera Company is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1368101, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is The Gilbert & Sullivan Very Light Opera Company's EIN?
- The Gilbert & Sullivan Very Light Opera Company's Employer Identification Number (EIN) is 41-1368101.
- How much revenue does The Gilbert & Sullivan Very Light Opera Company report?
- The Gilbert & Sullivan Very Light Opera Company reported $142,314 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Gilbert & Sullivan Very Light Opera Company have?
- CharityIndex grades The Gilbert & Sullivan Very Light Opera Company B, based on financial health (reserves and operating margin).
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Data for The Gilbert & Sullivan Very Light Opera Company (EIN 41-1368101) 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.