Motor City Lyric Opera
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,869 | 32,335 | −15,466 | 4.7 | — |
| 2015 | 62,407 | 70,580 | −8,173 | 2.7 | — |
| 2018 | 54,274 | 55,554 | −1,280 | 3.2 | — |
| 2019 | 57,407 | 44,722 | 12,685 | 7.3 | — |
| 2021 | 57,468 | 34,119 | 23,349 | 19.5 | — |
| 2022 | 55,786 | 64,560 | −8,774 | 8.7 | — |
| 2023 | 92,904 | 86,290 | 6,614 | 7.4 | — |
In its most recent public year (2023), this organization brought in $6,614 more than it spent. Its reserves stood at about 7.4 months of spending, up from 4.7 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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