Opera Festival Of Chicago Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 195,694 | 192,683 | 3,011 | 0.2 | 59% |
| 2022 | 270,821 | 279,625 | −8,804 | -0.2 | 62% |
| 2023 | 310,119 | 301,329 | 8,790 | 0.1 | 66% |
In its most recent public year (2023), this organization brought in $8,790 more than it spent. Its reserves stood at about 0.1 months of spending. Staff pay was 66% 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
Opera Festival Of Chicago Inc'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