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Ohio · Nonprofit

Cincinnati Opera Association Inc

Cincinnati Opera Association Inc (Ohio) receives grants from 36 organizations whose IRS filings report $10,402,227 to it, the largest being TR UW ELMA M LAPP FDN CONS ($5,727,952). 26 of them have funded it in more than one year.

$11M
Revenue FY2025
36
Funders on record
$10M
Grants received
$40M
Net assets
26/36 repeat funderspeak grant-dependency 21%

Against its field

Cincinnati Opera Association Inc runs a healthier operating margin than half of the 501 arts & culture nonprofits its size.

Operating margin18% · above the median
Months of reserve3.2mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 501 arts & culture nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($7.3M) Expenses 100 ($7.8M) Net assets 100 ($35M)2018 Revenue 117 ($8.6M) Expenses 119 ($9.2M) Net assets 99 ($34M)2019 Revenue 139 ($10M) Expenses 118 ($9.1M) Net assets 101 ($35M)2020 Revenue 69 ($5.1M) Expenses 80 ($6.2M) Net assets 106 ($37M)2021 Revenue 118 ($8.7M) Expenses 96 ($7.5M) Net assets 121 ($42M)2022 Revenue 123 ($9.1M) Expenses 126 ($9.8M) Net assets 102 ($35M)2023 Revenue 99 ($7.2M) Expenses 115 ($8.9M) Net assets 102 ($35M)2024 Revenue 107 ($7.9M) Expenses 130 ($10M) Net assets 106 ($37M)2025 Revenue 145 ($11M) Expenses 112 ($8.7M) Net assets 114 ($40M)
'17'18'19'20'21'22'23'24'25
Revenue (145)Expenses (112)Net assets (114)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 2% · 2019 2% · 2020 16% · 2021 17% · 2022 10% · 2023 19% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

60% of Cincinnati Opera Association Inc’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 816 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$431k
17
$592k
18
$1.0M
19
$1.1M
20
$1.2M
21
$715k
22
$1.7M
23
$2.2M
24
$1.9M
25
3.2
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 12 funders to 17 funders, grant income rose $432k → $1.5M.

6 of 36 of your funders are donor-advised or pass-through sponsors (tagged DAF)12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.5M from 6 payers (the payer shares this organization's board, largest The Greater Cincinnati Foundation). These are real filings, and they are not money Cincinnati Opera Association Inc raised.

From the IRS filings of Cincinnati Opera Association Inc’s funders (the co-funder graph). Top 30 of 36 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Cincinnati Opera Association Inc leans on a few funders — its largest provides 55% of grant income and the top three 81%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Cincinnati Opera Association Inc.

55%
largest funder
81%
top three
~3
effective funders

Largest funder’s share by year: 2017 29% · 2018 69% · 2019 16% · 2020 31% · 2021 52% · 2022 54% · 2023 42%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

56% of Cincinnati Opera Association Inc's funders are still giving 3 years after their first grant; 72% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

75% of Cincinnati Opera Association Inc's grant income comes from Ohio funders.

IL
NY
OH
PA
CT
KY
VA
DE
NC

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Ohio out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 5 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 36 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding Cincinnati Opera Association Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $273k on record.

Federal$273k
grants $273kcontracts $0
17
18
19
20
21
22
24
Top agencies
  • National Endowment for the Arts$273k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Cincinnati Opera Association Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 14%Fundraising 11%

Governance

43
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

68%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Part of a family of 1 related entity

  • Opera the Rhine LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Cincinnati Opera Association Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Cincinnati Opera Association Inc?
Cincinnati Opera Association Inc (Ohio) receives grants from 36 organizations whose IRS filings report $10,402,227 to it, the largest being TR UW ELMA M LAPP FDN CONS ($5,727,952). 26 of them have funded it in more than one year.
How many funders does Cincinnati Opera Association Inc have?
IRS filings report 36 organizations giving $10,402,227 in grants to Cincinnati Opera Association Inc, 26 of which have funded it in more than one year.
Who is the largest funder of Cincinnati Opera Association Inc?
TR UW ELMA M LAPP FDN CONS is the largest funder on record, with $5,727,952 in grants. The full list of funders is on this page.
How can an organization like Cincinnati Opera Association Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 36funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing