Lang Lang International Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 748,784 | 374,412 | 374,372 | 13.5 | 54% |
| 2012 | 1,197,381 | 414,011 | 783,370 | 34.9 | 52% |
| 2013 | 1,783,544 | 617,905 | 1,165,639 | 46.0 | 39% |
| 2014 | 2,052,813 | 1,277,924 | 774,889 | 29.5 | 26% |
| 2015 | 1,300,567 | 1,778,951 | −478,384 | 18.0 | 22% |
| 2016 | 3,022,537 | 1,427,387 | 1,595,150 | 36.3 | 25% |
| 2017 | 1,401,782 | 1,857,545 | −455,763 | 24.9 | 22% |
| 2018 | 2,352,043 | 1,626,524 | 725,519 | 33.9 | 25% |
| 2019 | 1,171,168 | 1,394,917 | −223,749 | 38.0 | 33% |
| 2020 | 896,656 | 1,039,160 | −142,504 | 49.3 | 46% |
| 2021 | 1,323,423 | 1,143,344 | 180,079 | 45.9 | 43% |
| 2022 | 2,077,283 | 1,485,264 | 592,019 | 37.7 | 33% |
| 2023 | 847,986 | 1,683,481 | −835,495 | 28.3 | 33% |
In its most recent public year (2023), this organization spent $835,495 more than it brought in. Its reserves stood at about 28.3 months of spending, up from 13.5 in 2011. Staff pay was 33% 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
Lang Lang International Music Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works