Opera Philadelphia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,944,166 | 8,785,697 | 3,158,469 | 12.5 | 37% |
| 2013 | 10,126,203 | 9,718,055 | 408,148 | 11.8 | 33% |
| 2014 | 9,613,721 | 10,543,984 | −930,263 | 10.1 | 34% |
| 2015 | 6,923,358 | 11,441,691 | −4,518,333 | 4.4 | 34% |
| 2016 | 19,341,177 | 13,277,104 | 6,064,073 | 9.2 | 33% |
| 2017 | 8,470,332 | 14,101,013 | −5,630,681 | 3.9 | 34% |
| 2018 | 17,685,641 | 17,682,424 | 3,217 | 3.2 | 33% |
| 2019 | 14,831,681 | 15,440,777 | −609,096 | 3.3 | 33% |
| 2020 | 14,393,165 | 11,505,746 | 2,887,419 | 7.5 | 43% |
| 2021 | 7,077,421 | 7,649,967 | −572,546 | 10.6 | 46% |
| 2022 | 11,047,971 | 9,604,314 | 1,443,657 | 10.2 | 42% |
| 2023 | 9,534,659 | 11,912,697 | −2,378,038 | 5.8 | 40% |
In its most recent public year (2023), this organization spent $2,378,038 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 12.5 in 2012. Staff pay was 40% of spending. $5,695,728 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 Philadelphia'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