Northwest Choirs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 796,533 | 725,764 | 70,769 | 16.3 | 57% |
| 2021 | 921,009 | 830,344 | 90,665 | 15.4 | 56% |
| 2022 | 985,830 | 1,023,006 | −37,176 | 11.8 | 52% |
| 2023 | 995,853 | 1,066,077 | −70,224 | 10.5 | 48% |
In its most recent public year (2023), this organization spent $70,224 more than it brought in. Its reserves stood at about 10.5 months of spending, down from 16.3 in 2020. Staff pay was 48% 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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