Nonprofit screen
Screen a listPalm Beach Opera 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)
$7.3Mrevenue
FY2025 · −26% in 3 yrs306staff
6 of 6years filed
’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin13.3%
Months of reserve4.6mo
Revenue growth (annualized)+11.1%
Middle half of peersMedianPalm Beach Opera
Where the money goes FY2025 · $6.3M spent
Programs$4.8M76%Management and general$1.1M17%Fundraising$427k7%990 FY2025 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2022
Cornelia T Bailey Charitable Trust gave about $1.1M a year for five years, 20% of revenue in FY2022.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$1.5M in FY2023 and −$1.4M in FY2024. Cash covers 4.6 months, above the peer median of 3.8.
990 Part I and balance sheetIn its favor3
Strong governance
27 of 27 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 11% a year since FY2020, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 6 of its 6 returns, 4% of revenue in FY2025. $100k is traced federal awards from National Endowment for the Arts.
990 Part VIII · USAspending128funders
$3.4Ma year, last 3 years
30%from its largest funder
Funder’17’18’19’20’21’22’23Cornelia T Bailey Charitable TrustOn and off$275k$1.0M$1.0M$1.0M$2.0MCornelia T Bailey Charitable TrustNew in FY2023$2.0MEdward H Benenson Foundation IncEvery year since FY2017$250k$250k$205k$200k$200k$200k$200kWilemal FundSince FY2020$250k$250k$250k$641kMartin & Toni Sosnoff FoundationEvery year since FY2017$64k$144k$164k$104k$182k$75k$163kV Atkins Foundation IncOn and off$300k$347k$99kDonor-advised giftsDonors not disclosed$366k$299k$325k$386k$220k$413k$503k88 other fundersUp to $165k a year each$413k$450k$384k$683k$590k$567k$532k
FundedThrough a donor-advised fund