AArts, Culture & HumanitiesEIN: 237089047· Ruling Year: 1970

Sarasota Opera Association Inc

Sarasota, Florida

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 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.29×
Peer Median4.61×
💰
$7.6M
Total Revenue
📊
$9.8M
Total Expenses
🏦
$22.4M
Net Assets
📋
$5.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-28.4%
Year-over-year change (2022 → 2023)
Net Margin
-28.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.29
Net assets divided by total expenses
Liabilities-to-Assets
20.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,635,71928%$9,783,0047%$28,294,5342%
2022$10,657,67264%$9,110,58650%$28,856,5993%
2021$6,481,52921%$6,067,84336%$28,037,9454%
2020$8,229,528$9,515,676$26,888,9201%
2019$8,208,52410%$9,473,8401%$26,510,6574%
2018$7,441,60434%$9,370,8899%$27,524,7525%
2017$11,289,51518%$8,600,7819%$28,909,23418%
2016$9,604,73022%$9,467,0209%$24,536,5092%
2015$12,246,38948%$8,715,7577%$24,952,59516%
2014$8,253,46610%$8,180,1825%$21,565,496
2013$7,484,7132%$8,649,4125%$21,513,2975%
2012$7,304,7622%$9,108,33314%$22,579,53412%
2011$7,167,245$7,985,713$25,790,463

Frequently Asked Questions

What does Sarasota Opera Association Inc do?

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

Is Sarasota Opera Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Sarasota Opera Association 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 Sarasota Opera Association Inc generate?

Sarasota Opera Association Inc reports $16.3M in annual revenue and holds $37.0M in total assets, based on IRS filings.

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