Arts, Culture & Humanities
(A6A0)
990 on File
NEW YORK CITY OPERA INC
Financial strength (30%)
50/100
Reliability (20%)
55/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$1.9M
Total Revenue
$2.8M
Total Expenses
$-1,077,798
Net Assets
38
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
68.8%
Fundraising Efficiency
N/A
Operating Reserve
-4.56x
Liability-to-Asset
210.3%
Revenue Diversification
52.7%
Executive Compensation
$257K
Compared with Peers
FY 2023
Compared with 4,649 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
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
|
68.8% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.6% | 14.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.6% | 5.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-4.6 mo | 16.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
210.3% | 10.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
52.7% | 74.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-14.6% | 3.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.0% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-50.5% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.9M | $2.8M | $-1,077,798 | 68.8% | 38 |
| 2022 | $2.2M | $2.6M | $-112,691 | 70.4% | 17 |
| 2021 | $3.2M | $1.7M | N/A | — | 21 |
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