Nonprofit screen
Screen a listOpera Memphis Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$1.2Mrevenue
FY2025 · −20% in 3 yrs10staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−31.3%
Months of reserve0.9mo
Revenue growth (annualized)−5.3%
Middle half of peersMedianOpera Memphis
Where the money goes FY2025 · $1.5M spent
Programs$1.2M78%Management and general$231k15%Fundraising$97k6%990 FY2025 · Part IX line 25
Worth checking2
A funder worth 34% of revenue stopped after FY2021
The Assisi Foundation of Memphis Inc gave $500k in FY2021, 34% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$490k in FY2024 and −$360k in FY2025. Cash covers 0.9 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
23 of 23 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 3 of its 3 returns, 6% of revenue in FY2025. $191k is traced federal awards from National Endowment for the Arts.
990 Part VIII · USAspending24funders
$473ka year, last 3 years
35%from its largest funder
Funder’17’18’19’20’21’22’23ArtsmemphisOn and off$182k$175k$165k$121k$100kThe Assisi Foundation of Memphis IncOn and off$500kArthur F and Alice E AdamsOn and off$110k$113k$113kPlough FoundationOn and off$320kJr Hyde III Family FoundationSince FY2020$51k$75k$110k$75kOpera America IncStopped after FY2020$28k$28k$10k$28k–Donor-advised giftsDonors not disclosed$75k$78k$37k$53k$151k12 other fundersUp to $50k a year each$13k$36k$48k$103k$47k$34k$13k
FundedThrough a donor-advised fundStopped