Middlebury Summer Festival On The Green Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,996 | 8,326 | −330 | 35.6 | — |
| 2021 | 46,979 | 34,166 | 12,813 | 13.2 | — |
| 2022 | 51,375 | 46,283 | 5,092 | 11.0 | — |
| 2023 | 60,654 | 50,241 | 10,413 | 12.7 | — |
In its most recent public year (2023), this organization brought in $10,413 more than it spent. Its reserves stood at about 12.7 months of spending, down from 35.6 in 2020.
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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