International Violin Competition Of Indianapolis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 694,629 | 708,771 | −14,142 | 28.2 | 59% |
| 2021 | 819,704 | 768,191 | 51,513 | 26.9 | 58% |
| 2022 | 740,029 | 1,066,598 | −326,569 | 15.7 | 46% |
| 2023 | 2,120,508 | 2,100,513 | 19,995 | 8.1 | 25% |
In its most recent public year (2023), this organization brought in $19,995 more than it spent. Its reserves stood at about 8.1 months of spending, down from 28.2 in 2020. Staff pay was 25% of spending. $1,043,200 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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