Cincinnati Musical Festival Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,178,920 | 1,750,892 | 428,028 | 52.3 | 0% |
| 2012 | 1,735,447 | 1,821,797 | −86,350 | 48.3 | 0% |
| 2013 | 8,987,630 | 1,781,700 | 7,205,930 | 94.6 | 0% |
| 2014 | 4,307,694 | 2,609,838 | 1,697,856 | 76.7 | 0% |
| 2015 | 5,289,566 | 2,124,783 | 3,164,783 | 111.3 | 0% |
| 2016 | 2,744,025 | 2,593,178 | 150,847 | 88.1 | 0% |
| 2017 | 2,572,616 | 2,292,060 | 280,556 | 110.6 | 0% |
| 2018 | 2,754,048 | 2,682,723 | 71,325 | 99.5 | 0% |
| 2019 | 2,845,648 | 2,729,166 | 116,482 | 98.4 | 8% |
| 2020 | 3,515,245 | 1,782,369 | 1,732,876 | 160.7 | 45% |
| 2021 | 2,570,982 | 959,766 | 1,611,216 | 398.0 | 54% |
| 2022 | 2,566,260 | 2,911,669 | −345,409 | 106.9 | 37% |
| 2023 | 4,175,276 | 3,725,142 | 450,134 | 93.4 | 31% |
In its most recent public year (2023), this organization brought in $450,134 more than it spent. Its reserves stood at about 93.4 months of spending, up from 52.3 in 2011. Staff pay was 31% of spending. $22,514,280 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
Cincinnati Musical Festival Assoc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works