The Santa Fe Opera
PO Box 2408, Santa Fe, NM · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $42,090,577 | $32,420,149 | $210,629,251 |
| FY2024 | $35,085,503 | $31,751,487 | $188,408,413 |
| FY2023 | $37,298,412 | $30,967,198 | $165,873,994 |
| FY2022 | $33,145,485 | $31,184,624 | $153,044,604 |
| FY2021 | $58,576,774 | $26,783,686 | $173,039,466 |
| FY2020 | $24,537,384 | $16,386,123 | $132,948,937 |
| FY2019 | $30,552,569 | $25,713,210 | $123,774,644 |
| FY2018 | $28,165,029 | $26,487,420 | $118,901,452 |
| FY2017 | $22,894,592 | $26,057,135 | $115,524,631 |
| FY2016 | $26,031,406 | $24,199,146 | $114,141,759 |
| FY2015 | $24,168,135 | $23,934,508 | $110,224,225 |
| FY2014 | $47,841,228 | $22,309,657 | $114,451,778 |
| FY2013 | $20,045,602 | $20,916,520 | $92,682,230 |
| FY2012 | $25,607,760 | $20,157,320 | $91,020,335 |
Form 990 filings
The returns filed by The Santa Fe Opera (EIN 85-0131810), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $22,473,860 | 53% |
| Program service revenue | $11,271,132 | 27% |
| Other revenue | $8,345,585 | 20% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $25,128,876 | 78% |
| Management & general | $5,374,593 | 17% |
| Fundraising | $1,916,680 | 6% |
What the numbers show
- Contributions & grants made up 53% of total revenue in FY2025.
- Program services accounted for 78% of functional expenses, management & general 17%, and fundraising 6%.
- 78% of functional expenses went to program services in FY2025. That is higher than 50.5% of 907 Arts, Culture & Humanities organizations nationwide (too few in NM for a state comparison).
- Net assets covered about 78 months of expenses at the end of the reporting year. That puts it in the 83rd percentile among 259 Arts, Culture & Humanities organizations in NM.
- Total revenue was the highest among 261 Arts, Culture & Humanities organizations in NM.
- Total revenue rose from $25,607,760 in FY2012 to $42,090,577 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2013, FY2017).
- The highest revenue on record here is $58,576,774 in FY2021.
- Net assets grew from $91,020,335 to $210,629,251 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO FOSTER AND ENRICH AN UNDERSTANDING AND APPRECIATION OF THE OPERATIC ART FORM.
IRS status
| Ruling year | 2015 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A6A — Arts, Culture & Humanities |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Georgia Okeeffe Museum — Santa Fe, NM · $10,906,535
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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