Friends Of The Opera Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 23,809 | 37,221 | −13,412 | 13.2 | — |
| 2013 | 14,273 | 14,117 | 156 | 34.9 | — |
| 2014 | 13,077 | 13,711 | −634 | 35.4 | — |
| 2015 | 7,870 | 12,153 | −4,283 | 35.7 | — |
| 2016 | 8,387 | 8,049 | 338 | 54.4 | — |
| 2017 | 7,053 | 6,719 | 334 | 65.8 | — |
| 2018 | 13,731 | 10,089 | 3,642 | 48.1 | — |
| 2019 | 22,314 | 17,948 | 4,366 | 30.0 | — |
| 2020 | 9,213 | 11,097 | −1,884 | 46.4 | — |
| 2021 | 665 | 5,117 | −4,452 | 90.3 | — |
| 2022 | 11,604 | 10,273 | 1,331 | 46.5 | — |
| 2023 | 11,800 | 9,643 | 2,157 | 52.2 | — |
| 2024 | 12,368 | 11,810 | 558 | 43.2 | — |
In its most recent public year (2024), this organization brought in $558 more than it spent. Its reserves stood at about 43.2 months of spending, up from 13.2 in 2012.
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 2024. 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
Friends Of The Opera Of Michigan's IRS filings as a feed — one entry per filing year, through 2024. 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