Florentine Opera Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,577,591 | 3,204,240 | −626,649 | 10.8 | 49% |
| 2012 | 2,648,909 | 2,748,802 | −99,893 | 11.2 | 53% |
| 2013 | 2,804,350 | 2,627,796 | 176,554 | 13.1 | 51% |
| 2014 | 2,872,101 | 2,983,902 | −111,801 | 11.7 | 48% |
| 2015 | 2,702,110 | 3,265,186 | −563,076 | 8.3 | 49% |
| 2016 | 2,947,352 | 2,942,654 | 4,698 | 8.3 | 50% |
| 2017 | 3,032,739 | 3,479,195 | −446,456 | 6.1 | 47% |
| 2018 | 3,047,860 | 3,254,646 | −206,786 | 5.8 | 55% |
| 2019 | 3,771,298 | 2,667,889 | 1,103,409 | 11.1 | 52% |
| 2020 | 2,912,053 | 2,263,542 | 648,511 | 16.6 | 57% |
| 2021 | 3,209,487 | 1,634,041 | 1,575,446 | 39.2 | 55% |
| 2022 | 5,457,526 | 2,789,932 | 2,667,594 | 31.3 | 57% |
| 2023 | 2,842,076 | 2,875,330 | −33,254 | 31.5 | 54% |
| 2024 | 2,846,186 | 3,415,280 | −569,094 | 26.8 | 53% |
In its most recent public year (2024), this organization spent $569,094 more than it brought in. Its reserves stood at about 26.8 months of spending, up from 10.8 in 2011. Staff pay was 53% of spending. $3,846,143 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 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
Florentine Opera Co Inc'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