Opera Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,672,782 | 2,750,655 | −77,873 | -4.8 | 25% |
| 2013 | 2,664,944 | 2,758,644 | −93,700 | -5.2 | 26% |
| 2014 | 2,977,497 | 2,999,156 | −21,659 | -4.9 | 25% |
| 2015 | 3,076,189 | 3,253,242 | −177,053 | -5.1 | 24% |
| 2016 | 2,807,917 | 3,145,094 | −337,177 | -6.6 | 26% |
| 2017 | 3,506,564 | 3,391,591 | 114,973 | -5.7 | 27% |
| 2018 | 3,649,886 | 4,111,665 | −461,779 | -6.1 | 27% |
| 2019 | 2,647,251 | 3,165,477 | −518,226 | -9.8 | 27% |
| 2020 | 2,784,577 | 2,899,974 | −115,397 | -11.2 | 29% |
| 2021 | 1,727,592 | 1,631,545 | 96,047 | -19.2 | 47% |
| 2022 | 3,080,545 | 2,901,455 | 179,090 | -10.1 | 24% |
| 2023 | 2,920,365 | 3,265,649 | −345,284 | -8.8 | 22% |
In its most recent public year (2023), this organization spent $345,284 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.8 months), down from -4.8 in 2012. Staff pay was 22% of spending. $132,292 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
Opera Carolina'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