AArts, Culture & HumanitiesEIN: 161053970· Ruling Year: 1975

Glimmerglass Opera Theatre Inc

Cooperstown, New York

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.29×
Peer Median210.95×
💰
$7.7M
Total Revenue
📊
$10.8M
Total Expenses
🏦
$14.0M
Net Assets
📋
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.3%
Year-over-year change (2022 → 2023)
Net Margin
-39.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.29
Net assets divided by total expenses
Liabilities-to-Assets
15.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,745,68222%$10,812,7013%$16,438,6811%
2022$9,971,35816%$10,503,76552%$16,582,61814%
2021$8,564,84243%$6,905,52724%$19,222,27021%
2020$5,976,37045%$5,569,58443%$15,882,8388%
2019$10,949,45314%$9,734,1454%$17,317,77810%
2018$9,571,4298%$9,349,4518%$15,729,1041%
2017$8,864,15416%$8,631,9026%$15,822,31112%
2016$7,659,04913%$8,169,9701%$14,184,375
2015$8,802,4333%$8,083,4647%$14,200,5833%
2014$9,064,53835%$7,550,15316%$13,789,08619%
2013$6,737,7126%$6,517,87417%$11,616,3392%
2012$7,191,04310%$7,874,69510%$11,360,649
2011$6,517,939$7,132,289$11,401,578

Frequently Asked Questions

What does Glimmerglass Opera Theatre Inc do?

Glimmerglass Opera Theatre Inc is a arts, culture & humanities nonprofit organization based in New York. It is classified under NTEE code A6A0 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Glimmerglass Opera Theatre Inc financially healthy?

Based on our 9-metric Financial Health Score model, Glimmerglass Opera Theatre Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Glimmerglass Opera Theatre Inc generate?

Glimmerglass Opera Theatre Inc reports $8.4M in annual revenue and holds $16.5M in total assets, based on IRS filings.

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