Great Lakes Chamber Orchestra Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,861 | 135,937 | −9,076 | 2.8 | — |
| 2012 | 164,618 | 167,991 | −3,373 | 2.0 | — |
| 2013 | 179,052 | 190,730 | −11,678 | 1.0 | 0% |
| 2014 | 246,781 | 171,949 | 74,832 | 6.4 | 0% |
| 2015 | 203,993 | 194,550 | 9,443 | 6.2 | 9% |
| 2016 | 218,234 | 219,968 | −1,734 | 5.4 | 20% |
| 2017 | 253,090 | 216,525 | 36,565 | 7.5 | 17% |
| 2018 | 281,933 | 267,965 | 13,968 | 6.7 | 18% |
| 2019 | 307,244 | 329,178 | −21,934 | 4.7 | 31% |
| 2020 | 244,867 | 295,850 | −50,983 | 3.1 | 31% |
| 2021 | 226,173 | 260,380 | −34,207 | 2.0 | 35% |
| 2022 | 568,811 | 431,161 | 137,650 | 5.0 | 29% |
In its most recent public year (2022), this organization brought in $137,650 more than it spent. Its reserves stood at about 5 months of spending, up from 2.8 in 2011. Staff pay was 29% 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 2022. 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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