Tacoma Opera Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 429,783 | 450,752 | −20,969 | 2.2 | 24% |
| 2012 | 353,721 | 314,648 | 39,073 | 4.7 | 22% |
| 2013 | 383,116 | 445,708 | −62,592 | 1.1 | 23% |
| 2014 | 420,950 | 449,341 | −28,391 | 0.3 | 21% |
| 2015 | 489,758 | 501,477 | −11,719 | 0.1 | 19% |
| 2016 | 456,439 | 481,469 | −25,030 | -0.6 | 20% |
| 2017 | 457,042 | 469,441 | −12,399 | -0.9 | 22% |
| 2018 | 561,097 | 543,513 | 17,584 | -0.3 | 35% |
| 2019 | 299,719 | 324,961 | −25,242 | -1.4 | 48% |
| 2020 | 417,722 | 400,787 | 16,935 | -0.7 | 44% |
| 2021 | 194,148 | 160,268 | 33,880 | 2.8 | 45% |
| 2022 | 305,267 | 316,132 | −10,865 | 0.7 | 46% |
| 2023 | 404,972 | 332,345 | 72,627 | 3.4 | 52% |
In its most recent public year (2023), this organization brought in $72,627 more than it spent. Its reserves stood at about 3.4 months of spending, up from 2.2 in 2011. Staff pay was 52% of spending. $54,900 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
Tacoma Opera Association'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