Vero Beach Opera Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 355,812 | 135,942 | 219,870 | 71.1 | 0% |
| 2022 | 404,749 | 314,828 | 89,921 | 34.1 | 0% |
| 2023 | 461,618 | 327,053 | 134,565 | 37.8 | 0% |
| 2024 | 656,561 | 489,504 | 167,057 | 30.8 | 11% |
In its most recent public year (2024), this organization brought in $167,057 more than it spent. Its reserves stood at about 30.8 months of spending, down from 71.1 in 2021. Staff pay was 11% of spending. $389,993 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 2024. 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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