Classically Connected Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,128,893 | 451,633 | 677,260 | 20.6 | 49% |
| 2021 | 144,403 | 681,447 | −537,044 | 4.4 | 61% |
| 2022 | 616,265 | 846,856 | −230,591 | 0.3 | 40% |
| 2023 | 519,758 | 168,452 | 351,306 | 50.1 | 7% |
In its most recent public year (2023), this organization brought in $351,306 more than it spent. Its reserves stood at about 50.1 months of spending, up from 20.6 in 2020. Staff pay was 7% of spending. $23,460 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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