The Carnegie Hall Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 105,701,222 | 64,211,007 | 41,490,215 | 31.2 | 36% |
| 2012 | 100,385,043 | 66,925,637 | 33,459,406 | 35.0 | 36% |
| 2013 | 86,533,636 | 71,498,804 | 15,034,832 | 35.7 | 36% |
| 2014 | 91,069,839 | 77,092,400 | 13,977,439 | 35.1 | 34% |
| 2015 | 113,626,039 | 84,053,765 | 29,572,274 | 36.0 | 33% |
| 2016 | 80,162,593 | 94,141,926 | −13,979,333 | 29.8 | 32% |
| 2017 | 36,964,378 | 92,527,333 | −55,562,955 | 65.8 | 35% |
| 2018 | 103,429,195 | 105,142,093 | −1,712,898 | 59.2 | 34% |
| 2019 | 87,183,213 | 108,276,707 | −21,093,494 | 55.1 | 34% |
| 2020 | 67,672,916 | 97,409,026 | −29,736,110 | 56.4 | 35% |
| 2021 | 55,324,262 | 66,507,634 | −11,183,372 | 96.1 | 35% |
| 2022 | 90,457,248 | 100,554,472 | −10,097,224 | 55.5 | 38% |
| 2023 | 72,833,196 | 110,575,987 | −37,742,791 | 50.6 | 36% |
In its most recent public year (2023), this organization spent $37,742,791 more than it brought in. Its reserves stood at about 50.6 months of spending, up from 31.2 in 2011. Staff pay was 36% of spending. $339,322,785 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
The Carnegie Hall Corporation'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