The City Choir Of Washington
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 358,388 | 295,344 | 63,044 | 13.1 | 40% |
| 2021 | 213,931 | 147,597 | 66,334 | 31.6 | 77% |
| 2022 | 491,660 | 288,108 | 203,552 | 24.7 | 42% |
| 2023 | 337,507 | 432,192 | −94,685 | 13.8 | 32% |
In its most recent public year (2023), this organization spent $94,685 more than it brought in. Its reserves stood at about 13.8 months of spending. Staff pay was 32% of spending. $87,500 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
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