The Masterwork Chorus Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 105,526 | 104,913 | 613 | 29.3 | — |
| 2022 | 129,479 | 169,284 | −39,805 | 15.2 | — |
| 2023 | 205,105 | 278,046 | −72,941 | 6.1 | 26% |
| 2024 | 236,451 | 235,108 | 1,343 | 7.3 | 44% |
In its most recent public year (2024), this organization brought in $1,343 more than it spent. Its reserves stood at about 7.3 months of spending, down from 29.3 in 2021. Staff pay was 44% of spending. $22,645 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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