Curtis Institute Of Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 29,555,052 | 12,536,731 | 17,018,321 | 190.6 | 43% |
| 2012 | 20,259,799 | 15,399,897 | 4,859,902 | 153.7 | 38% |
| 2013 | 27,733,908 | 17,716,493 | 10,017,415 | 147.2 | 37% |
| 2014 | 26,479,768 | 18,784,965 | 7,694,803 | 147.9 | 36% |
| 2015 | 25,937,389 | 20,228,847 | 5,708,542 | 140.9 | 36% |
| 2016 | 69,139,285 | 21,595,208 | 47,544,077 | 153.0 | 38% |
| 2017 | 29,398,348 | 23,937,016 | 5,461,332 | 146.4 | 34% |
| 2018 | 30,193,764 | 24,653,678 | 5,540,086 | 147.4 | 36% |
| 2019 | 25,195,316 | 25,422,542 | −227,226 | 139.0 | 37% |
| 2020 | 24,471,407 | 24,868,090 | −396,683 | 142.8 | 39% |
| 2021 | 50,045,370 | 23,876,591 | 26,168,779 | 184.0 | 43% |
| 2022 | 65,896,582 | 26,055,133 | 39,841,449 | 165.3 | 40% |
| 2023 | 43,513,793 | 30,874,759 | 12,639,034 | 142.4 | 38% |
In its most recent public year (2023), this organization brought in $12,639,034 more than it spent. Its reserves stood at about 142.4 months of spending, down from 190.6 in 2011. Staff pay was 38% of spending. $235,430,712 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
Curtis Institute Of Music'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