Mankato Symphony Orchestra Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 144,274 | 191,864 | −47,590 | 34.6 | 51% |
| 2021 | 146,154 | 164,188 | −18,034 | 45.5 | 51% |
| 2022 | 425,852 | 258,099 | 167,753 | 29.4 | 33% |
| 2023 | 367,721 | 272,889 | 94,832 | 31.5 | 33% |
In its most recent public year (2023), this organization brought in $94,832 more than it spent. Its reserves stood at about 31.5 months of spending, down from 34.6 in 2020. Staff pay was 33% of spending. $128,250 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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