Des Moines Metro Opera Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,045,181 | 636,933 | 408,248 | 187.5 | 0% |
| 2012 | 371,736 | 885,125 | −513,389 | 127.8 | 0% |
| 2013 | 18,790 | 584,760 | −565,970 | 191.4 | 0% |
| 2014 | 295,200 | 574,611 | −279,411 | 215.8 | 0% |
| 2015 | 618,657 | 509,287 | 109,370 | 237.7 | 0% |
| 2016 | 443,365 | 508,159 | −64,794 | 255.4 | 0% |
| 2017 | 852,144 | 733,611 | 118,533 | 185.3 | 0% |
| 2018 | 494,641 | 558,707 | −64,066 | 260.9 | 0% |
| 2019 | 1,357,857 | 664,465 | 693,392 | 231.4 | 0% |
| 2020 | 3,883,726 | 1,207,147 | 2,676,579 | 166.4 | 0% |
| 2021 | 7,887,651 | 1,795,617 | 6,092,034 | 158.4 | 0% |
| 2022 | 2,429,329 | 3,094,023 | −664,694 | 81.9 | 0% |
| 2023 | 465,787 | 2,626,384 | −2,160,597 | 93.1 | 0% |
In its most recent public year (2023), this organization spent $2,160,597 more than it brought in. Its reserves stood at about 93.1 months of spending, down from 187.5 in 2011. Staff pay was 0% of spending. $2,955,680 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
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