Foundation For The Preservation Of The Historic Millet Opera House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 16,726 | 4,992 | 11,734 | 106.2 | — |
| 2017 | 123,591 | 18,880 | 104,711 | 94.6 | 0% |
| 2018 | 136,450 | 209,818 | −73,368 | 4.5 | 0% |
| 2019 | 200,055 | 213,572 | −13,517 | 3.7 | 0% |
| 2020 | 253,374 | 357,909 | −104,535 | 0.8 | 12% |
| 2021 | 96,758 | 222,900 | −126,142 | -2.3 | 0% |
| 2022 | 378,889 | 402,428 | −23,539 | 4.2 | 14% |
| 2023 | 325,970 | 454,222 | −128,252 | 3.2 | 15% |
In its most recent public year (2023), this organization spent $128,252 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 106.2 in 2016. Staff pay was 15% of spending.
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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