Charity Search / GOODSPEED OPERA HOUSE FOUNDATION INC
Arts, Culture & Humanities (A650) 990 on File

GOODSPEED OPERA HOUSE FOUNDATION INC

EIN: 13-1969314 · EAST HADDAM, CT 06423-0281 · United States · FY 2024 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$14.1M
Total Revenue
$15.4M
Total Expenses
$28.0M
Net Assets
465
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.0%
Fundraising Efficiency 887.7%
Operating Reserve 21.78x
Liability-to-Asset 12.3%
Revenue Diversification 51.4%
Executive Compensation $432K
Compared with Peers
FY 2024
Compared with 433 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.0% 79.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
7.1% 13.2%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.9% 5.9%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
887.7% 812.3%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
21.8 mo 29.3 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
12.3% 12.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
51.4% 67.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
16.9% 7.9%
P10P90
Expense growth
Year over year expense growth
11.4% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
-9.1% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $14.1M $15.4M $28.0M 87.0% 465
2023 $12.1M $13.8M $29.0M 85.1% 432
2022 $12.5M $11.3M $28.4M 85.3% 359
2021 $9.3M $5.9M N/A — 180
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Organization Details
EIN
13-1969314
State
CT
City
EAST HADDAM
ZIP
06423-0281
Classification
A650
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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