Gay Mens Chorus Of Charlotte
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,470 | 77,283 | −813 | 1.7 | — |
| 2012 | 65,425 | 73,441 | −8,016 | 0.5 | — |
| 2013 | 54,891 | 77,835 | −22,944 | -3.0 | — |
| 2014 | 96,112 | 76,320 | 19,792 | -1.3 | — |
| 2015 | 59,572 | 43,568 | 16,004 | 3.2 | — |
| 2016 | 37,599 | 46,789 | −9,190 | 0.9 | — |
| 2017 | 77,536 | 81,536 | −4,000 | -0.4 | — |
| 2018 | 75,711 | 72,056 | 3,655 | 0.1 | — |
| 2019 | 83,885 | 89,096 | −5,211 | -0.6 | — |
| 2020 | 80,981 | 64,783 | 16,198 | 2.3 | — |
| 2021 | 38,496 | 29,492 | 9,004 | 9.6 | — |
| 2022 | 103,176 | 86,866 | 16,310 | 5.5 | — |
| 2023 | 246,515 | 239,433 | 7,082 | 0.8 | 13% |
In its most recent public year (2023), this organization brought in $7,082 more than it spent. Its reserves stood at about 0.8 months of spending. Staff pay was 13% of spending.
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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