Friends Of Chamber Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 398,500 | 390,496 | 8,004 | 10.1 | 29% |
| 2012 | 427,271 | 404,951 | 22,320 | 10.4 | 28% |
| 2013 | 526,694 | 448,125 | 78,569 | 11.4 | 27% |
| 2014 | 579,716 | 511,868 | 67,848 | 12.0 | 25% |
| 2015 | 611,178 | 488,019 | 123,159 | 15.7 | 27% |
| 2016 | 746,990 | 585,589 | 161,401 | 16.1 | 26% |
| 2017 | 624,098 | 619,129 | 4,969 | 16.3 | 30% |
| 2018 | 730,149 | 612,585 | 117,564 | 15.9 | 32% |
| 2019 | 803,480 | 659,375 | 144,105 | 18.0 | 31% |
| 2020 | 832,306 | 656,688 | 175,618 | 21.6 | 34% |
| 2021 | 605,850 | 348,804 | 257,046 | 60.1 | 48% |
| 2022 | 3,626,608 | 723,245 | 2,903,363 | 74.0 | 27% |
| 2023 | 1,415,769 | 803,551 | 612,218 | 81.6 | 31% |
In its most recent public year (2023), this organization brought in $612,218 more than it spent. Its reserves stood at about 81.6 months of spending, up from 10.1 in 2011. Staff pay was 31% of spending. $93,970 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
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