American Harp Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 320,139 | 316,968 | 3,171 | 30.1 | 33% |
| 2021 | 237,464 | 233,426 | 4,038 | 46.6 | 37% |
| 2022 | 234,507 | 405,296 | −170,789 | 21.8 | 28% |
| 2023 | 254,201 | 362,897 | −108,696 | 20.7 | 29% |
In its most recent public year (2023), this organization spent $108,696 more than it brought in. Its reserves stood at about 20.7 months of spending, down from 30.1 in 2019. Staff pay was 29% of spending. $177,327 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
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