Finger Lakes Opera Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 148,206 | 160,551 | −12,345 | 13.6 | 25% |
| 2021 | 335,519 | 380,779 | −45,260 | 4.6 | 17% |
| 2022 | 307,269 | 369,178 | −61,909 | 1.5 | 19% |
| 2023 | 541,289 | 632,713 | −91,424 | -0.9 | 15% |
In its most recent public year (2023), this organization spent $91,424 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months), down from 13.6 in 2020. Staff pay was 15% 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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