Tri-cities Opera Company Inc is a 501(c)(3) organization based in Binghamton, New York, registered in 1959, with $863,726 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$864K
▲ 30.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.1M
Net assets
$657K
Employees
—
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 Tri-cities Opera Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Tri-cities Opera Company Inc: 7 mo reserves · -24% margin earns a C+ on this criterion. See the exact thresholds →
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 Tri-cities Opera Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Tri-cities Opera Company Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $958K (FY2013) to $864K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-23.7%
Spent more than it raised in the latest fiscal year.
Total assets
$988K
Total liabilities
$331K
Net assets
$657K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $863,726▲30.9% | $1,068,693▲9.0% | $657,147▼23.6% | $988,026▼9.0% | 990 |
| 2023 | $659,972▼59.2% | $980,054▲2.7% | $860,323▼22.6% | $1,085,227▼19.4% | 990 |
| 2022 | $1,617,088▲287% | $954,205▲180% | $1,111,763▲149% | $1,346,820▲56.3% | 990 |
| 2021 | $417,630▼35.0% | $340,720▼45.4% | $447,003▲20.8% | $861,485▲9.7% | 990 |
| 2020 | $642,318▼10.4% | $623,954▼35.2% | $370,093▼10.0% | $785,170▼21.2% | 990 |
| 2018 | $716,654▼36.3% | $963,607▲0.6% | $411,015▼37.3% | $995,876▼20.1% | 990 |
| 2017 | $1,124,973▲14.8% | $958,183▲3.0% | $655,548▲34.2% | $1,246,326▲25.2% | 990 |
| 2016 | $979,812▲9.5% | $930,078▼8.8% | $488,595▲11.3% | $995,428▲6.1% | 990 |
| 2015 | $894,689▲16.4% | $1,019,734▲6.2% | $438,898▼24.1% | $938,627▲0.6% | 990 |
| 2014 | $768,334▼19.8% | $960,026▼10.4% | $578,627▼25.8% | $932,825▲3.8% | 990 |
| 2013 | $958,362 | $1,071,462▲13.9% | $780,254▼12.7% | $898,344▼11.3% | 990 |
| 2012 | — | $941,077▼1.1% | $893,353▼25.3% | $1,012,673▼25.3% | 990 |
| 2011 | — | $951,238 | $1,196,721 | $1,355,126 | 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.
5 grants to Tri-cities Opera Company Inc totaling $36K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2020 | $8,301 |
| Network For Good Inc | Unrestricted | 2017 | $5,729 |
| Network For Good Inc | Unrestricted | 2016 | $8,879 |
| Network For Good Inc | Unrestricted | 2015 | $6,981 |
| Network For Good Inc | Unrestricted | 2014 | $6,386 |
Explore more
Data for Tri-cities Opera Company Inc (EIN 15-0544166) 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.