Arts, Culture & Humanities
(A110)
990 on File
FRIENDS OF THE OPERA OF MICHIGAN
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2026
$9K
Total Revenue
$15K
Total Expenses
$41K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.3%
Fundraising Efficiency
N/A
Operating Reserve
33.54x
Liability-to-Asset
N/A
Revenue Diversification
89.9%
Compared with Peers
FY 2026
Compared with 589 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2026.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.3% | 80.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
33.5 mo | 15.6 mo |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.9% | 76.0% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-51.2% | 1.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.5% | 1.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-63.8% | 8.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2026 | $9K | $15K | $41K | 79.3% | — |
| 2025 | $18K | $14K | $47K | 55.7% | — |
| 2024 | $12K | $12K | $43K | 44.7% | — |
| 2023 | $12K | $10K | $42K | 37.4% | — |
| 2022 | $12K | $10K | N/A | — | 1 |
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