Friends of the Opera House at Enosburg Falls

Nonprofit profile at a glance

EIN
030353647
IRS 990-EZ coverage
2015–2025
Forms available
Form 990-EZ 2025
Location
Enosburg Falls, VT, USA
Phone
8029336171
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$101,446
Expenses
$91,846
Assets
$154,380
Liabilities
$1,276

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • SUZANNE HULL-CASSAVANT (CHAIR)
  • SARAH BUTSON (VICE CHAIR)
  • MATT RAINVILLE (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's exempt primary purpose is to continue to restore and revitalize the opera house at enosburg falls to its former position as the performing arts and county-wide cultural center of northwestern Vermont. It also intends to encourage and enhance local performers by sponsoring and producing programs for a meaningful cultural exposure for all of franklin county and beyond and to provide a state-of-the-art facility to promote, encourage and assist performers and artists in the community in cultural and artistic expression.

What it reported doing in 2025

Maintenance and management of facility

Operating model

Revenue model
Earned-program. 62% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85%; rating input score 85
  • Program expense ratio: 93.3%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 9.5%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 1.68; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 16.2% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 85% of revenue deployed · 93.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $86K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 54/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.