Detroit Youth Concert Choir And Performing Arts Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 402,419 | 277,762 | 124,657 | 5.3 | 0% |
| 2021 | 290,691 | 242,879 | 47,812 | 8.5 | 0% |
| 2022 | 405,615 | 447,818 | −42,203 | 3.5 | 0% |
| 2023 | 496,529 | 507,581 | −11,052 | 2.8 | 0% |
In its most recent public year (2023), this organization spent $11,052 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 5.3 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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