Opera Connecticut Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,081 | 16,426 | 655 | 15.8 | — |
| 2021 | 24,513 | 17,573 | 6,940 | 19.5 | — |
| 2022 | 23,312 | 44,885 | −21,573 | 1.9 | — |
| 2023 | 9,644 | 10,860 | −1,216 | 6.4 | — |
In its most recent public year (2023), this organization spent $1,216 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 15.8 in 2020.
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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