Euphonium Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 351,284 | 39,379 | 311,905 | 3619.6 | 0% |
| 2021 | 789,514 | 401,269 | 388,245 | 366.8 | 0% |
| 2022 | 798,189 | 11,057,513 | −10,259,324 | 2.2 | 0% |
| 2023 | 72,088 | 15,290 | 56,798 | 1619.7 | 0% |
In its most recent public year (2023), this organization brought in $56,798 more than it spent. Its reserves stood at about 1619.7 months of spending, down from 3619.6 in 2020. Staff pay was 0% 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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