Arts, Culture & Humanities
(A6A0)
IRS Verified
DX Registered
990 on File
THE STATE OPERA OF NEW JERSEY INC
Financial strength (30%)
79/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Boheme Opera NJ’s mission remains committed to enlightening, enriching and providing the Central jersey region with professional and accessible opera theater and outreach activity. This is accomplished by preserving, reinventing and promoting the opera art form and introducing it to new, young and diverse audiences through its artistic efforts, educational programs, community presence, business partnerships and collaborations with other arts organizations.
Financial Overview — FY 2024
$183K
Total Revenue
$186K
Total Expenses
$10K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.1%
Fundraising Efficiency
27.8%
Operating Reserve
0.63x
Liability-to-Asset
32.1%
Revenue Diversification
55.7%
Executive Compensation
$14K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
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
|
83.1% | 82.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.9% | 14.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.1% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
27.8% | 28.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.6 mo | 9.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.1% | 1.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.7% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-3.2% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.8% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.4% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $183K | $186K | $10K | 83.1% | 0 |
| 2023 | $189K | $206K | $12K | 89.1% | — |
| 2022 | $251K | $161K | N/A | — | 1 |
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