Palm Beach Opera Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,449,246 | 4,591,738 | −142,492 | 4.4 | 51% |
| 2013 | 4,015,628 | 3,917,101 | 98,527 | 5.5 | 52% |
| 2014 | 4,595,172 | 4,100,800 | 494,372 | 6.7 | 53% |
| 2015 | 5,391,644 | 5,248,841 | 142,803 | 5.6 | 48% |
| 2016 | 4,023,689 | 4,314,985 | −291,296 | 5.9 | 54% |
| 2017 | 5,396,907 | 4,633,253 | 763,654 | 7.4 | 54% |
| 2018 | 5,148,221 | 5,276,574 | −128,353 | 6.1 | 55% |
| 2019 | 8,921,189 | 5,515,584 | 3,405,605 | 13.2 | 56% |
| 2020 | 4,317,649 | 5,197,552 | −879,903 | 11.9 | 56% |
| 2021 | 3,191,039 | 4,222,819 | −1,031,780 | 14.0 | 43% |
| 2022 | 9,924,286 | 5,070,921 | 4,853,365 | 24.0 | 54% |
| 2023 | 4,224,318 | 5,741,904 | −1,517,586 | 17.7 | 50% |
In its most recent public year (2023), this organization spent $1,517,586 more than it brought in. Its reserves stood at about 17.7 months of spending, up from 4.4 in 2012. Staff pay was 50% of spending. $3,998,609 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
Palm Beach Opera 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