Seattle Opera Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,033,726 | 1,554,030 | −520,304 | 179.2 | 0% |
| 2012 | 766,013 | 1,760,000 | −993,987 | 149.1 | 0% |
| 2013 | 1,297,800 | 1,761,621 | −463,821 | 157.5 | 0% |
| 2014 | 3,064,904 | 1,856,371 | 1,208,533 | 172.3 | 0% |
| 2015 | 1,414,493 | 2,075,917 | −661,424 | 149.0 | 0% |
| 2016 | 351,330 | 1,301,301 | −949,971 | 225.7 | 0% |
| 2017 | 1,067,477 | 1,277,839 | −210,362 | 246.6 | 0% |
| 2018 | 1,183,842 | 1,792,247 | −608,405 | 181.3 | 0% |
| 2019 | 2,262,641 | 1,797,715 | 464,926 | 183.3 | 0% |
| 2020 | 1,020,021 | 3,818,787 | −2,798,766 | 76.3 | 0% |
| 2021 | 1,515,403 | 1,831,788 | −316,385 | 199.9 | 0% |
| 2022 | 469,845 | 2,215,495 | −1,745,650 | 137.1 | 0% |
| 2023 | −191,256 | 1,441,592 | −1,632,848 | 226.7 | 0% |
In its most recent public year (2023), this organization spent $1,632,848 more than it brought in. Its reserves stood at about 226.7 months of spending, up from 179.2 in 2011. Staff pay was 0% of spending. $27,232,396 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 Foundation'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