Underworld Opera Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 223,450 | 243,424 | −19,974 | -0.6 | 0% |
| 2012 | 263,840 | 263,114 | 726 | -0.5 | 0% |
| 2013 | 277,757 | 287,406 | −9,649 | -0.8 | 0% |
| 2014 | 337,263 | 332,614 | 4,649 | -0.6 | 0% |
| 2015 | 400,668 | 406,921 | −6,253 | -0.6 | 0% |
| 2016 | 656,272 | 609,516 | 46,756 | 1.2 | 0% |
| 2017 | 401,502 | 423,940 | −22,438 | -0.5 | 6% |
| 2018 | 398,287 | 378,470 | 19,817 | 0.1 | 0% |
| 2019 | 558,796 | 562,118 | −3,322 | -0.0 | 0% |
| 2020 | 370,299 | 385,644 | −15,345 | -0.5 | 0% |
| 2021 | 16,344 | 77,793 | −61,449 | -11.8 | — |
| 2022 | 492,808 | 416,895 | 75,913 | -0.0 | 25% |
| 2023 | 316,825 | 461,515 | −144,690 | -3.8 | 19% |
In its most recent public year (2023), this organization spent $144,690 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), down from -0.6 in 2011. Staff pay was 19% of spending.
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
Underworld 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