Vocal Group Hall Of Fame Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 102,883 | 25,486 | 77,397 | -250.0 | 0% |
| 2012 | 16,063 | 11,201 | 4,862 | -563.6 | 0% |
| 2013 | 23,679 | 25,426 | −1,747 | -168.3 | 0% |
| 2014 | 93,056 | 37,859 | 55,197 | -95.5 | 0% |
| 2015 | 20,950 | 28,732 | −7,782 | -129.1 | 0% |
| 2016 | 56,048 | 61,910 | −5,862 | -61.0 | 0% |
| 2017 | 86,191 | 97,016 | −10,825 | -3.8 | 0% |
| 2018 | 31,598 | 47,436 | −15,838 | -11.7 | 0% |
| 2019 | 5,129 | 29,285 | −24,156 | -35.6 | 0% |
| 2020 | 2,638 | 25,668 | −23,030 | -52.5 | 0% |
In its most recent public year (2020), this organization spent $23,030 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-52.5 months), up from -250 in 2011. Staff pay was 0% of spending.
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 2020. 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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