Metropolitan Opera Centennial Fund Endowment Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,192,711 | 910,113 | 282,598 | 590.3 | 0% |
| 2020 | 2,120,361 | 1,030,554 | 1,089,807 | 535.0 | 0% |
| 2021 | 1,162,315 | 1,809,082 | −646,767 | 326.2 | 0% |
| 2022 | 1,315,092 | 683,675 | 631,417 | 825.9 | 0% |
| 2023 | 1,227,455 | 4,416,282 | −3,188,827 | 124.7 | 0% |
In its most recent public year (2023), this organization spent $3,188,827 more than it brought in. Its reserves stood at about 124.7 months of spending, down from 590.3 in 2019. Staff pay was 0% of spending. $31,432,396 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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