Carolina Philharmonic Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 588,215 | 567,417 | 20,798 | 0.3 | 30% |
| 2020 | 454,569 | 445,887 | 8,682 | 0.7 | 0% |
| 2021 | 386,716 | 332,166 | 54,550 | 0.0 | 42% |
| 2022 | 540,396 | 491,000 | 49,396 | 0.0 | 37% |
| 2023 | 619,842 | 586,735 | 33,107 | 3.4 | 32% |
In its most recent public year (2023), this organization brought in $33,107 more than it spent. Its reserves stood at about 3.4 months of spending, up from 0.3 in 2019. Staff pay was 32% 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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