Opera Grand Rapids
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 907,195 | 1,073,550 | −166,355 | 19.9 | 36% |
| 2013 | 1,083,038 | 1,171,832 | −88,794 | 17.4 | 38% |
| 2014 | 1,020,282 | 1,067,559 | −47,277 | 18.7 | 41% |
| 2015 | 960,521 | 1,069,124 | −108,603 | 17.4 | 37% |
| 2016 | 856,408 | 1,097,137 | −240,729 | 14.2 | 35% |
| 2017 | 1,009,883 | 943,554 | 66,329 | 17.5 | 29% |
| 2018 | 1,198,290 | 1,138,804 | 59,486 | 15.1 | 26% |
| 2019 | 973,437 | 959,422 | 14,015 | 18.1 | 17% |
| 2020 | 1,155,150 | 770,654 | 384,496 | 28.5 | 29% |
| 2021 | 784,571 | 988,053 | −203,482 | 20.1 | 23% |
| 2022 | 1,361,732 | 1,572,812 | −211,080 | 10.8 | 16% |
| 2023 | 1,224,268 | 1,470,607 | −246,339 | 9.6 | 19% |
In its most recent public year (2023), this organization spent $246,339 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 19.9 in 2012. Staff pay was 19% of spending. $310,261 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
Opera Grand Rapids'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