Lola - Local Opera Local Artists
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 41,595 | 37,169 | 4,426 | 1.0 | — |
| 2021 | 44,081 | 30,650 | 13,431 | 8.2 | — |
| 2022 | 58,562 | 75,092 | −16,530 | 0.7 | — |
| 2023 | 57,337 | 43,123 | 14,214 | 5.2 | — |
In its most recent public year (2023), this organization brought in $14,214 more than it spent. Its reserves stood at about 5.2 months of spending, up from 1 in 2020.
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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