Des Moines Metro Opera Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,197,631 | 2,750,352 | 447,279 | 16.3 | 23% |
| 2021 | 5,531,970 | 4,175,568 | 1,356,402 | 16.7 | 16% |
| 2022 | 6,527,667 | 7,943,989 | −1,416,322 | 6.6 | 10% |
| 2023 | 5,768,720 | 5,732,945 | 35,775 | 9.3 | 14% |
In its most recent public year (2023), this organization brought in $35,775 more than it spent. Its reserves stood at about 9.3 months of spending, down from 16.3 in 2020. Staff pay was 14% of spending. $463,750 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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