Portsmouth Pro Musica
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,903 | 48,238 | 1,665 | 11.2 | — |
| 2021 | 16,011 | 25,845 | −9,834 | 16.3 | — |
In its most recent public year (2021), this organization spent $9,834 more than it brought in. Its reserves stood at about 16.3 months of spending, up from 11.2 in 2020.
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 2021. 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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