Seattle Opera
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,099,666 | 21,499,885 | 1,599,781 | 7.8 | 44% |
| 2012 | 23,178,754 | 21,756,286 | 1,422,468 | 8.0 | 43% |
| 2013 | 19,933,902 | 20,212,070 | −278,168 | 8.6 | 45% |
| 2014 | 27,082,170 | 27,898,923 | −816,753 | 6.0 | 44% |
| 2015 | 25,609,848 | 21,617,525 | 3,992,323 | 9.7 | 49% |
| 2016 | 25,980,653 | 23,446,530 | 2,534,123 | 9.9 | 44% |
| 2017 | 43,021,814 | 23,067,246 | 19,954,568 | 20.7 | 45% |
| 2018 | 28,897,007 | 21,840,372 | 7,056,635 | 26.0 | 44% |
| 2019 | 23,890,108 | 24,346,745 | −456,637 | 23.2 | 42% |
| 2020 | 28,691,887 | 21,947,605 | 6,744,282 | 28.8 | 44% |
| 2021 | 18,776,743 | 10,719,847 | 8,056,896 | 70.1 | 45% |
| 2022 | 23,974,024 | 18,262,968 | 5,711,056 | 44.4 | 43% |
| 2023 | 23,202,519 | 24,071,168 | −868,649 | 33.7 | 43% |
In its most recent public year (2023), this organization spent $868,649 more than it brought in. Its reserves stood at about 33.7 months of spending, up from 7.8 in 2011. Staff pay was 43% of spending. $6,955,746 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
Seattle Opera'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