Arts, Culture & Humanities
(A260)
IRS Verified
DX Registered
990 on File
TIBBITS OPERA FOUNDATION AND ARTS COUNCIL INC
Financial strength (30%)
62/100
Reliability (20%)
55/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Mission of the Tibbits Opera Foundation and Arts Council, Inc. is to engage all in the support of arts, culture and education and the preservation of the historic opera house.
Financial Overview — FY 2025
$1.2M
Total Revenue
$1.3M
Total Expenses
$2.2M
Net Assets
63
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
50.1%
Fundraising Efficiency
514.3%
Operating Reserve
19.70x
Liability-to-Asset
9.9%
Revenue Diversification
61.4%
Executive Compensation
$68K
Compared with Peers
FY 2025
Compared with 2,263 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2025.
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
|
50.1% | 77.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.3% | 14.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
31.6% | 5.8% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
514.3% | 288.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.7 mo | 15.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.9% | 11.4% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
61.4% | 71.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
25.3% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.6% | 5.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.4% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.2M | $1.3M | $2.2M | 50.1% | 63 |
| 2024 | $993K | $1.3M | $2.3M | 54.7% | 63 |
| 2023 | $1.5M | $1.1M | $2.6M | 60.2% | 55 |
| 2022 | $1.0M | $853K | $2.2M | 57.9% | 29 |
| 2021 | $781K | $658K | N/A | — | 29 |
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