Lake Superior Youth Chorus Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,808 | 41,793 | 5,015 | 1.7 | — |
| 2016 | 109,308 | 102,028 | 7,280 | 2.4 | — |
| 2017 | 107,865 | 116,934 | −9,069 | 1.2 | — |
| 2018 | 155,072 | 154,460 | 612 | 1.0 | — |
| 2019 | 159,619 | 191,574 | −31,955 | -1.2 | — |
| 2020 | 198,332 | 173,551 | 24,781 | 0.4 | — |
| 2021 | 123,413 | 121,267 | 2,146 | 0.7 | — |
| 2022 | 235,462 | 215,316 | 20,146 | 1.3 | 42% |
| 2023 | 251,313 | 276,181 | −24,868 | -0.1 | 41% |
In its most recent public year (2023), this organization spent $24,868 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), down from 1.7 in 2011. Staff pay was 41% of spending. $50 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
Lake Superior Youth Chorus Inc'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