Richmond Symphony Orchestra Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 900,326 | 351,310 | 549,016 | 26.8 | 15% |
| 2012 | 379,261 | 372,900 | 6,361 | 36.7 | 17% |
| 2013 | 307,692 | 377,335 | −69,643 | 35.8 | 27% |
| 2014 | 328,389 | 341,690 | −13,301 | 43.0 | 24% |
| 2015 | 319,316 | 327,159 | −7,843 | 44.5 | 32% |
| 2016 | 444,350 | 360,328 | 84,022 | 42.2 | 31% |
| 2017 | 358,179 | 383,223 | −25,044 | 42.8 | 31% |
| 2018 | 364,422 | 393,745 | −29,323 | 43.7 | 29% |
| 2019 | 460,425 | 477,498 | −17,073 | 37.0 | 26% |
| 2020 | 334,161 | 384,380 | −50,219 | 46.9 | 28% |
| 2021 | 443,562 | 259,678 | 183,884 | 95.3 | 42% |
| 2022 | 512,304 | 420,521 | 91,783 | 53.2 | 27% |
| 2023 | 568,247 | 581,093 | −12,846 | 40.9 | 13% |
In its most recent public year (2023), this organization spent $12,846 more than it brought in. Its reserves stood at about 40.9 months of spending, up from 26.8 in 2011. Staff pay was 13% of spending. $36,155 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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