Utah Festival Opera Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,348,225 | 2,947,724 | 400,501 | 30.4 | 21% |
| 2012 | 3,270,564 | 2,959,017 | 311,547 | 31.6 | 20% |
| 2013 | 3,177,351 | 3,054,089 | 123,262 | 31.1 | 20% |
| 2014 | 4,313,106 | 3,221,402 | 1,091,704 | 33.5 | 19% |
| 2015 | 3,637,914 | 3,201,868 | 436,046 | 35.3 | 20% |
| 2016 | 3,088,754 | 3,461,674 | −372,920 | 31.4 | 20% |
| 2017 | 3,122,664 | 3,609,839 | −487,175 | 28.5 | 19% |
| 2018 | 3,909,408 | 3,681,574 | 227,834 | 30.3 | 19% |
| 2019 | 3,180,465 | 3,772,032 | −591,567 | 27.7 | 17% |
| 2020 | 2,134,651 | 1,985,852 | 148,799 | 53.5 | 29% |
| 2021 | 2,342,622 | 1,948,697 | 393,925 | 57.0 | 21% |
| 2022 | 3,306,953 | 4,062,292 | −755,339 | 25.1 | 19% |
| 2023 | 3,631,013 | 4,662,510 | −1,031,497 | 19.2 | 19% |
In its most recent public year (2023), this organization spent $1,031,497 more than it brought in. Its reserves stood at about 19.2 months of spending, down from 30.4 in 2011. Staff pay was 19% of spending. $338,630 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
Utah Festival 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