Royal Conservatory Of Music Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 245,307 | 197,390 | 47,917 | 3.4 | 0% |
| 2012 | 7,833 | 48,379 | −40,546 | 3.8 | 0% |
| 2013 | 10,462 | 7,815 | 2,647 | 27.4 | 0% |
| 2014 | 22,012 | 30,053 | −8,041 | 4.1 | 0% |
| 2015 | 3,166 | 3,260 | −94 | 33.9 | — |
| 2016 | 10,217 | 475 | 9,742 | 478.5 | — |
| 2019 | 108,206 | 207,548 | −99,342 | 0.5 | — |
| 2020 | 1,580 | 711 | 869 | 173.9 | — |
| 2021 | 327,659 | 332,461 | −4,802 | 0.3 | 0% |
| 2022 | 19,918 | 359 | 19,559 | 950.0 | — |
| 2023 | 163,827 | 261,000 | −97,173 | 0.9 | — |
In its most recent public year (2023), this organization spent $97,173 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 3.4 in 2011.
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
Royal Conservatory Of Music Foundation'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