Operating record

Philadelphia Youth Choral Ensembles

Philadelphia, PA · EIN 23-2156232 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,021,216$1,027,795−$6,57914.936%
2021$771,480$912,360−$140,88015.240%
2022$1,494,310$1,440,590$53,7209.925%
2023$1,481,234$1,601,160−$119,9267.931%

In its most recent public year (2023), this organization spent $119,926 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 14.9 in 2020. Staff pay was 31% of spending. $7,550 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 ↗