Northern Light Opera Company Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 74,293 | 66,826 | 7,467 | 8.7 | — |
| 2015 | 60,408 | 65,112 | −4,704 | 8.1 | — |
| 2016 | 82,660 | 82,651 | 9 | 6.4 | — |
| 2017 | 104,283 | 76,900 | 27,383 | 11.1 | — |
| 2018 | 81,597 | 97,682 | −16,085 | 6.8 | — |
| 2019 | 85,524 | 83,048 | 2,476 | 8.3 | — |
| 2020 | 50,327 | 23,185 | 27,142 | 43.9 | — |
| 2021 | 89,058 | 92,603 | −3,545 | 10.5 | — |
| 2022 | 130,266 | 130,118 | 148 | 5.6 | — |
| 2023 | 118,203 | 116,775 | 1,428 | 6.4 | — |
In its most recent public year (2023), this organization brought in $1,428 more than it spent. Its reserves stood at about 6.4 months of spending, down from 8.7 in 2014.
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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