Birmingham Boys Choir Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 165,484 | 230,426 | −64,942 | 0.8 | — |
| 2013 | 378,450 | 328,118 | 50,332 | 2.4 | 37% |
| 2014 | 187,404 | 228,945 | −41,541 | 1.2 | 46% |
| 2015 | 335,556 | 321,976 | 13,580 | 1.4 | 44% |
| 2016 | 351,132 | 314,505 | 36,627 | 2.8 | 47% |
| 2017 | 367,581 | 337,310 | 30,271 | 3.7 | 45% |
| 2018 | 399,033 | 363,578 | 35,455 | 4.6 | 60% |
| 2019 | 401,935 | 356,086 | 45,849 | 6.2 | 49% |
| 2020 | 403,948 | 351,215 | 52,733 | 8.1 | 55% |
| 2021 | 343,427 | 335,894 | 7,533 | 8.8 | 58% |
| 2022 | 453,663 | 335,899 | 117,764 | 13.0 | 61% |
| 2023 | 376,903 | 440,431 | −63,528 | 9.1 | 51% |
In its most recent public year (2023), this organization spent $63,528 more than it brought in. Its reserves stood at about 9.1 months of spending, up from 0.8 in 2012. Staff pay was 51% 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 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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