Portland Maine Symphony Orchestra
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,549,911 | 3,416,933 | 1,132,978 | 47.2 | 56% |
| 2021 | 4,241,814 | 2,823,892 | 1,417,922 | 70.8 | 52% |
| 2022 | 3,659,418 | 4,144,859 | −485,441 | 42.2 | 48% |
| 2023 | 4,272,536 | 4,317,015 | −44,479 | 41.1 | 48% |
| 2024 | 4,332,163 | 4,464,312 | −132,149 | 42.4 | 54% |
In its most recent public year (2024), this organization spent $132,149 more than it brought in. Its reserves stood at about 42.4 months of spending, down from 47.2 in 2020. Staff pay was 54% of spending. $10,262,161 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 2024. 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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