Portland Opera Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,742,158 | 7,070,589 | −1,328,431 | 23.4 | 22% |
| 2012 | 6,145,084 | 6,710,915 | −565,831 | 22.7 | 22% |
| 2013 | 6,738,302 | 6,962,972 | −224,670 | 22.4 | 22% |
| 2014 | 6,863,757 | 7,206,293 | −342,536 | 22.6 | 20% |
| 2015 | 7,988,447 | 8,031,274 | −42,827 | 19.9 | 19% |
| 2016 | 1,464,372 | 2,367,391 | −903,019 | 58.1 | 13% |
| 2017 | 7,069,826 | 7,109,987 | −40,161 | 42.2 | 21% |
| 2018 | 6,623,014 | 7,804,689 | −1,181,675 | 38.9 | 21% |
| 2019 | 5,351,974 | 7,575,925 | −2,223,951 | 36.0 | 25% |
| 2020 | 5,323,206 | 5,495,480 | −172,274 | 48.9 | 21% |
| 2021 | 4,509,949 | 3,475,331 | 1,034,618 | 81.6 | 18% |
| 2022 | 6,427,298 | 7,098,809 | −671,511 | 36.4 | 26% |
| 2023 | 6,330,002 | 8,725,554 | −2,395,552 | 17.6 | 29% |
In its most recent public year (2023), this organization spent $2,395,552 more than it brought in. Its reserves stood at about 17.6 months of spending, down from 23.4 in 2011. Staff pay was 29% of spending. $2,560,625 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
Portland Opera Association 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