Daponte String Quartet Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 189,987 | 181,391 | 8,596 | 7.1 | — |
| 2011 | 178,728 | 187,216 | −8,488 | 6.4 | — |
| 2012 | 272,575 | 197,181 | 75,394 | 10.6 | 65% |
| 2013 | 242,583 | 217,855 | 24,728 | 11.0 | 72% |
| 2014 | 244,100 | 226,568 | 17,532 | 11.5 | 72% |
| 2015 | 211,329 | 234,923 | −23,594 | 9.9 | 71% |
| 2016 | 278,856 | 250,815 | 28,041 | 10.6 | 68% |
| 2017 | 323,893 | 299,727 | 24,166 | 9.9 | 62% |
| 2018 | 259,818 | 297,475 | −37,657 | 8.4 | 70% |
| 2019 | 254,071 | 294,445 | −40,374 | 6.9 | 66% |
| 2020 | 272,856 | 222,923 | 49,933 | 11.8 | 80% |
| 2021 | 403,825 | 247,339 | 156,486 | 18.2 | 78% |
| 2022 | 274,705 | 273,730 | 975 | 14.1 | 71% |
| 2023 | 239,922 | 240,127 | −205 | 16.1 | 71% |
In its most recent public year (2023), this organization spent $205 more than it brought in. Its reserves stood at about 16.1 months of spending, up from 7.1 in 2010. Staff pay was 71% 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
Daponte String Quartet Foundation'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