Virginia Opera Assoc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,120,715 | 5,645,350 | −524,635 | 0.6 | 37% |
| 2012 | 616,270 | 260,448 | 355,822 | -56.1 | 40% |
| 2013 | 7,605,510 | 7,046,572 | 558,938 | -1.9 | 33% |
| 2014 | 4,884,044 | 5,071,931 | −187,887 | -3.0 | 38% |
| 2015 | 5,298,152 | 5,488,509 | −190,357 | -3.3 | 37% |
| 2016 | 6,062,514 | 5,682,107 | 380,407 | -2.4 | 34% |
| 2017 | 5,503,383 | 5,542,726 | −39,343 | -3.0 | 37% |
| 2018 | 5,464,553 | 5,350,669 | 113,884 | -2.9 | 34% |
| 2019 | 5,118,846 | 5,104,858 | 13,988 | -3.0 | 38% |
| 2020 | 5,108,640 | 4,746,502 | 362,138 | -2.3 | 42% |
| 2021 | 3,745,037 | 2,169,818 | 1,575,219 | 3.7 | 52% |
| 2022 | 4,475,698 | 4,644,967 | −169,269 | 1.3 | 37% |
| 2023 | 5,523,879 | 5,161,074 | 362,805 | 2.0 | 38% |
In its most recent public year (2023), this organization brought in $362,805 more than it spent. Its reserves stood at about 2 months of spending, up from 0.6 in 2011. Staff pay was 38% of spending. $2,195,310 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
Virginia Opera Assoc Inc's IRS filings as a feed — one entry per filing year, through 2023. 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