Florida Grand Opera Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,622,856 | 364,262 | 1,258,594 | 401.5 | 0% |
| 2012 | 266,042 | 384,835 | −118,793 | 376.3 | 17% |
| 2013 | 266,042 | 384,835 | −118,793 | 372.6 | 17% |
| 2014 | 420,830 | 615,805 | −194,975 | 326.8 | 0% |
| 2015 | 370,006 | 650,885 | −280,879 | 300.9 | 0% |
| 2016 | 8,584,645 | 7,122,038 | 1,462,607 | 10.7 | 8% |
| 2017 | 4,879,378 | 4,788,964 | 90,414 | 16.5 | 16% |
| 2018 | 2,978,731 | 4,396,672 | −1,417,941 | 10.8 | 16% |
| 2019 | 2,251,284 | 4,418,144 | −2,166,860 | 4.9 | 19% |
| 2020 | 3,319,117 | 1,910,077 | 1,409,040 | 19.6 | 6% |
| 2021 | 1,122,319 | 1,031,689 | 90,630 | 43.5 | 9% |
| 2022 | 5,233,007 | 1,900,776 | 3,332,231 | 44.2 | 6% |
| 2023 | 249,420 | 230,047 | 19,373 | 373.8 | 50% |
In its most recent public year (2023), this organization brought in $19,373 more than it spent. Its reserves stood at about 373.8 months of spending, down from 401.5 in 2011. Staff pay was 50% of spending. $1,945,005 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
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