50
Detroit Opera
Arts & Culture · Detroit, Michigan
1526 Broadway St, Detroit, MI 48226-2115
EIN: 382052726· Founded: Sep 1968· 58 years active· Filing Year: 2023
Annual Revenue
$20.8M
Total Expenses
$21.0M
Total Assets
$51.7M
Program Spending
13%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$475K
2.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$6.9M
Total Payroll
$7.4M
35% of total expenses
Where the Money Goes
13%
Programs: 13%
Payroll: 35%
Other overhead: 87%
Program Revenue$2.8M (13%)
Total Expenses$21.0M (100%)
Payroll$7.4M (35%)
Overhead (non-program)87%
Trust Score Breakdown
Program Spending Ratio
13% of expenses go to programs
Revenue & Stability
$20.8M annual revenue
Executive Compensation
$475K total officer comp (2.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$51.7M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.