Knoxville Opera Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,192,826 | 1,191,013 | 1,813 | 3.0 | 24% |
| 2012 | 1,290,572 | 1,227,424 | 63,148 | 3.5 | 22% |
| 2013 | 1,260,348 | 1,212,176 | 48,172 | 4.0 | 25% |
| 2014 | 1,373,796 | 1,286,846 | 86,950 | 4.6 | 25% |
| 2015 | 1,554,671 | 1,381,606 | 173,065 | 5.8 | 22% |
| 2016 | 1,677,472 | 1,538,693 | 138,779 | 6.3 | 21% |
| 2017 | 1,791,004 | 1,564,890 | 226,114 | 7.9 | 21% |
| 2018 | 1,739,074 | 1,681,271 | 57,803 | 7.8 | 20% |
| 2019 | 1,499,599 | 1,481,826 | 17,773 | 8.9 | 23% |
| 2020 | 1,135,101 | 1,023,353 | 111,748 | 14.3 | 28% |
| 2021 | 934,550 | 643,859 | 290,691 | 28.1 | 30% |
| 2022 | 1,430,096 | 1,253,435 | 176,661 | 16.1 | 28% |
| 2023 | 1,617,301 | 1,590,004 | 27,297 | 12.9 | 20% |
In its most recent public year (2023), this organization brought in $27,297 more than it spent. Its reserves stood at about 12.9 months of spending, up from 3 in 2011. Staff pay was 20% of spending. $70,198 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
Knoxville Opera Company'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