Opera Carolina Endowment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,785 | 75,367 | −10,582 | 368.6 | 0% |
| 2013 | 56,982 | 76,473 | −19,491 | 380.5 | 0% |
| 2014 | 596,790 | 143,070 | 453,720 | 258.8 | 0% |
| 2015 | 62,003 | 127,980 | −65,977 | 278.9 | 0% |
| 2016 | 2,897 | 103,016 | −100,119 | 338.0 | 0% |
| 2017 | 560,600 | 203,428 | 357,172 | 196.2 | 0% |
| 2018 | 357,800 | 76,801 | 280,999 | 568.8 | 0% |
| 2019 | 155,888 | 59,280 | 96,608 | 763.5 | 0% |
| 2020 | 275,087 | 85,846 | 189,241 | 550.8 | 0% |
| 2021 | 264,517 | 100,529 | 163,988 | 528.4 | 0% |
| 2022 | 16,145 | 0 | 16,145 | — | — |
| 2023 | 61,912 | 150,207 | −88,295 | 325.7 | 0% |
In its most recent public year (2023), this organization spent $88,295 more than it brought in. Its reserves stood at about 325.7 months of spending, down from 368.6 in 2012. Staff pay was 0% of spending. $3,713,129 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
Opera Carolina Endowment's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works