Detroit Opera
Detroit, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $20,797,237↑1% | $21,017,080↑16% | $51,718,290 | |
| 2022 | $20,610,976↑125% | $18,177,656↑104% | $51,625,944↑10% | — |
| 2021 | $9,178,032↓27% | $8,909,778↓37% | $46,812,293↑1% | — |
| 2020 | $12,539,753↓34% | $14,203,243↓19% | $46,258,681↓5% | — |
| 2019 | $19,092,403↑52% | $17,522,933↑10% | $48,765,402↑2% | — |
| 2018 | $12,560,900↓24% | $15,945,158↑3% | $47,857,990↓10% | — |
| 2017 | $16,515,482↑7% | $15,538,195↑5% | $53,189,004↑2% | — |
| 2016 | $15,437,009↑12% | $14,796,119↑15% | $52,272,620↑2% | — |
| 2015 | $13,836,941↑32% | $12,823,595↑7% | $51,190,535 | — |
| 2014 | $10,521,715↓6% | $12,023,736↑5% | $51,017,028↓3% | — |
| 2013 | $11,218,864↓51% | $11,456,501↓5% | $52,456,210↓2% | — |
| 2012 | $22,952,753↑131% | $12,051,467↑1% | $53,277,423↓3% | — |
| 2011 | $9,928,017 | $11,989,843 | $55,123,580 | — |
Frequently Asked Questions
What does Detroit Opera do?▼
Detroit Opera is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A610 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Detroit Opera financially healthy?▼
Based on our 9-metric Financial Health Score model, Detroit Opera has a score of 88/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Detroit Opera generate?▼
Detroit Opera reports $17.0M in annual revenue and holds $49.6M in total assets, based on IRS filings.
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