The Opera League Of Los Angeles
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 275,709 | 196,274 | 79,435 | 89.3 | 0% |
| 2021 | 226,487 | 161,380 | 65,107 | 127.3 | 0% |
| 2022 | 294,228 | 225,318 | 68,910 | 75.7 | 0% |
| 2023 | 250,603 | 262,315 | −11,712 | 69.5 | 0% |
In its most recent public year (2023), this organization spent $11,712 more than it brought in. Its reserves stood at about 69.5 months of spending, down from 89.3 in 2020. Staff pay was 0% of spending. $325,106 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
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