Toledo Opera Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,237,867 | 860,244 | 377,623 | 14.2 | 32% |
| 2012 | 819,025 | 868,153 | −49,128 | 14.5 | 27% |
| 2013 | 832,271 | 952,414 | −120,143 | 13.7 | 36% |
| 2014 | 908,618 | 1,001,196 | −92,578 | 13.7 | 31% |
| 2015 | 973,862 | 1,040,993 | −67,131 | 13.3 | 32% |
| 2016 | 1,624,127 | 1,228,039 | 396,088 | 14.9 | 28% |
| 2017 | 2,658,051 | 1,298,893 | 1,359,158 | 28.2 | 31% |
| 2018 | 1,610,640 | 1,426,071 | 184,569 | 28.5 | 34% |
| 2019 | 1,107,510 | 1,222,852 | −115,342 | 32.2 | 32% |
| 2020 | 1,268,949 | 1,212,470 | 56,479 | 34.8 | 33% |
| 2021 | 914,327 | 636,483 | 277,844 | 90.3 | 41% |
| 2022 | 1,254,776 | 1,311,654 | −56,878 | 40.7 | 32% |
| 2023 | 1,101,314 | 1,664,424 | −563,110 | 27.0 | 21% |
In its most recent public year (2023), this organization spent $563,110 more than it brought in. Its reserves stood at about 27 months of spending, up from 14.2 in 2011. Staff pay was 21% of spending. $3,902,880 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
Toledo Opera Association'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