AArts, Culture & HumanitiesEIN: 540985006· Ruling Year: 1975

Virginia Opera Assoc Inc

Norfolk, Virginia

B+Health Score
70B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.17×
Peer Median210.95×
💰
$5.5M
Total Revenue
📊
$5.2M
Total Expenses
🏦
$863K
Net Assets
📋
$853K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.4%
Year-over-year change (2022 → 2023)
Net Margin
+6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.17
Net assets divided by total expenses
Liabilities-to-Assets
49.7%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$5,523,87923%$5,161,07411%$1,716,90521%
2022$4,475,69820%$4,644,967114%$2,159,8684%
2021$3,745,03727%$2,169,81854%$2,261,019120%
2020$5,108,640$4,746,5027%$1,029,23275%
2019$5,118,8466%$5,104,8585%$588,82217%
2018$5,464,5531%$5,350,6693%$705,51718%
2017$5,503,3839%$5,542,7262%$863,1394%
2016$6,062,51414%$5,682,1074%$829,32646%
2015$5,298,1528%$5,488,5098%$568,96525%
2014$4,884,04436%$5,071,93128%$455,83245%
2013$7,605,5101134%$7,046,5722606%$836,10872%
2012$616,27086%$260,44896%$3,026,88113%
2012$4,550,75511%$6,325,07612%$2,675,20721%
2011$5,120,715$5,645,350$3,371,819

Frequently Asked Questions

What does Virginia Opera Assoc Inc do?

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

Is Virginia Opera Assoc Inc financially healthy?

Based on our 9-metric Financial Health Score model, Virginia Opera Assoc Inc has a score of 70/100 (Grade: B+). 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 Virginia Opera Assoc Inc generate?

Virginia Opera Assoc Inc reports $5.0M in annual revenue and holds $1.1M in total assets, based on IRS filings.

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Virginia Opera Assoc Inc — Norfolk, VA | GiveScope