Savannah Philharmonic Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 959,342 | 1,398,109 | −438,767 | 0.2 | 26% |
| 2021 | 1,024,362 | 838,224 | 186,138 | 3.0 | 32% |
| 2022 | 1,404,691 | 1,256,644 | 148,047 | 3.6 | 26% |
| 2023 | 1,509,172 | 1,876,586 | −367,414 | 0.0 | 34% |
In its most recent public year (2023), this organization spent $367,414 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 34% of spending. $385,012 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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