Greater Miami Opera Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,590,686 | 9,295,399 | −1,704,713 | -7.0 | 33% |
| 2012 | 6,675,910 | 9,030,060 | −2,354,150 | -10.3 | 30% |
| 2013 | 6,850,000 | 6,946,329 | −96,329 | -13.6 | 39% |
| 2014 | 5,108,601 | 7,403,216 | −2,294,615 | -19.9 | 0% |
| 2015 | 5,340,313 | 5,756,404 | −416,091 | -26.4 | 35% |
| 2016 | 6,849,950 | 5,937,857 | 912,093 | -3.4 | 30% |
| 2017 | 4,857,951 | 5,880,994 | −1,023,043 | -5.5 | 32% |
| 2018 | 3,934,999 | 5,735,758 | −1,800,759 | -6.9 | 29% |
| 2019 | 3,343,203 | 3,778,732 | −435,529 | -11.9 | 33% |
| 2020 | 3,202,178 | 3,166,665 | 35,513 | -14.4 | 34% |
| 2021 | 1,737,062 | 1,401,962 | 335,100 | -30.0 | 43% |
| 2022 | 3,555,793 | 3,525,689 | 30,104 | -11.8 | 40% |
| 2023 | 4,698,276 | 4,553,903 | 144,373 | -8.8 | 36% |
In its most recent public year (2023), this organization brought in $144,373 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-8.8 months), down from -7 in 2011. Staff pay was 36% 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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