Summit Choral Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 353,703 | 354,657 | −954 | 5.3 | 39% |
| 2012 | 328,658 | 307,743 | 20,915 | 7.6 | 41% |
| 2013 | 367,976 | 389,884 | −21,908 | 5.7 | 36% |
| 2014 | 298,364 | 310,372 | −12,008 | 6.7 | 38% |
| 2015 | 278,573 | 371,074 | −92,501 | 2.6 | 38% |
| 2016 | 275,582 | 376,189 | −100,607 | -0.6 | 51% |
| 2017 | 359,808 | 348,007 | 11,801 | -0.3 | 57% |
| 2018 | 283,487 | 268,355 | 15,132 | 0.3 | 51% |
| 2019 | 297,395 | 276,186 | 21,209 | 1.2 | 52% |
| 2020 | 310,975 | 261,723 | 49,252 | 3.5 | 58% |
| 2022 | 403,675 | 317,663 | 86,012 | 7.9 | 51% |
| 2023 | 363,743 | 395,110 | −31,367 | 5.4 | 50% |
In its most recent public year (2023), this organization spent $31,367 more than it brought in. Its reserves stood at about 5.4 months of spending. Staff pay was 50% 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
Summit Choral Society Inc'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