Reading Civic Opera Society Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,169 | 48,947 | −9,778 | 218.0 | — |
| 2012 | 30,752 | 42,142 | −11,390 | 133.4 | — |
| 2013 | 21,894 | 34,328 | −12,434 | 159.6 | — |
| 2014 | 43,972 | 54,030 | −10,058 | 99.2 | — |
| 2015 | 73,080 | 67,299 | 5,781 | 80.6 | — |
| 2016 | 72,983 | 84,066 | −11,083 | 63.0 | — |
| 2017 | 61,884 | 63,120 | −1,236 | 83.6 | — |
| 2018 | 71,597 | 77,462 | −5,865 | 67.2 | — |
| 2020 | 33,207 | 26,646 | 6,561 | 206.3 | — |
| 2021 | 110,940 | 56,118 | 54,822 | 87.1 | — |
| 2022 | 246,281 | 155,121 | 91,160 | 23.5 | 0% |
| 2023 | 139,977 | 158,508 | −18,531 | 23.8 | — |
In its most recent public year (2023), this organization spent $18,531 more than it brought in. Its reserves stood at about 23.8 months of spending, down from 218 in 2011.
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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