Pianofest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 170,846 | 208,233 | −37,387 | 7.9 | 7% |
| 2012 | 249,377 | 224,289 | 25,088 | 8.7 | 7% |
| 2013 | 248,878 | 293,161 | −44,283 | 4.8 | 5% |
| 2014 | 238,735 | 238,994 | −259 | 7.7 | 6% |
| 2015 | 365,048 | 289,388 | 75,660 | 15.0 | 6% |
| 2016 | 295,233 | 296,333 | −1,100 | 14.9 | 6% |
| 2017 | 329,079 | 297,377 | 31,702 | 16.2 | 5% |
| 2018 | 348,681 | 323,887 | 24,794 | 15.9 | 5% |
| 2019 | 356,878 | 340,994 | 15,884 | 15.6 | 5% |
| 2020 | 399,775 | 203,754 | 196,021 | 37.7 | 29% |
| 2021 | 313,462 | 285,492 | 27,970 | 28.1 | 20% |
| 2022 | 313,373 | 411,356 | −97,983 | 16.6 | 16% |
| 2023 | 437,818 | 411,836 | 25,982 | 17.4 | 16% |
In its most recent public year (2023), this organization brought in $25,982 more than it spent. Its reserves stood at about 17.4 months of spending, up from 7.9 in 2011. Staff pay was 16% of spending. $141,135 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
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