Reading Musical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 756,593 | 661,695 | 94,898 | 197.5 | 16% |
| 2013 | 712,337 | 627,743 | 84,594 | 224.7 | 17% |
| 2014 | 1,274,059 | 682,697 | 591,362 | 239.9 | 17% |
| 2015 | 1,255,395 | 755,400 | 499,995 | 217.3 | 17% |
| 2016 | 986,613 | 780,917 | 205,696 | 202.2 | 18% |
| 2017 | 1,011,077 | 794,115 | 216,962 | 217.3 | 19% |
| 2018 | 1,292,808 | 827,284 | 465,524 | 220.8 | 19% |
| 2019 | 1,265,325 | 977,701 | 287,624 | 190.7 | 17% |
| 2020 | 1,406,641 | 1,050,205 | 356,436 | 182.2 | 16% |
| 2021 | 1,474,447 | 764,826 | 709,621 | 318.9 | 21% |
| 2022 | 3,531,006 | 939,991 | 2,591,015 | 220.6 | 18% |
| 2023 | 1,734,772 | 1,083,790 | 650,982 | 212.0 | 17% |
In its most recent public year (2023), this organization brought in $650,982 more than it spent. Its reserves stood at about 212 months of spending, up from 197.5 in 2012. Staff pay was 17% of spending. $8,883,540 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
Reading Musical 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