Philadelphia Folksong Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,118,449 | 1,245,046 | −126,597 | 5.4 | 7% |
| 2012 | 1,517,424 | 1,501,282 | 16,142 | 4.6 | 6% |
| 2013 | 1,385,895 | 1,401,106 | −15,211 | 4.9 | 8% |
| 2014 | 1,216,582 | 1,386,637 | −170,055 | 4.2 | 9% |
| 2015 | 1,290,734 | 1,255,181 | 35,553 | 5.0 | 9% |
| 2016 | 1,331,997 | 1,228,967 | 103,030 | 5.9 | 9% |
| 2017 | 1,290,723 | 1,411,241 | −120,518 | 4.2 | 10% |
| 2018 | 1,479,085 | 1,555,316 | −76,231 | 2.9 | 9% |
| 2019 | 1,363,879 | 1,743,492 | −379,613 | -1.9 | 8% |
| 2020 | 886,020 | 767,430 | 118,590 | -2.5 | 10% |
| 2021 | 936,127 | 550,157 | 385,970 | 4.8 | 34% |
| 2022 | 1,501,253 | 1,774,690 | −273,437 | -0.4 | 9% |
| 2023 | 239,858 | 190,782 | 49,076 | -2.6 | 16% |
In its most recent public year (2023), this organization brought in $49,076 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months), down from 5.4 in 2011. Staff pay was 16% of spending. $13,501 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
Philadelphia Folksong Society'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