Festival Music Society Of Indiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 170,830 | 118,351 | 52,479 | 108.0 | 0% |
| 2012 | 217,590 | 124,326 | 93,264 | 111.9 | 0% |
| 2013 | 280,169 | 143,231 | 136,938 | 108.6 | 0% |
| 2014 | 282,993 | 137,996 | 144,997 | 125.3 | 0% |
| 2015 | 160,081 | 195,709 | −35,628 | 86.2 | 0% |
| 2016 | 263,166 | 186,323 | 76,843 | 95.5 | 0% |
| 2017 | 304,686 | 161,308 | 143,378 | 120.8 | 0% |
| 2018 | 235,639 | 166,629 | 69,010 | 121.9 | 0% |
| 2019 | 222,333 | 186,305 | 36,028 | 110.6 | 0% |
| 2020 | 334,766 | 105,489 | 229,277 | 231.6 | 0% |
| 2021 | 257,257 | 141,636 | 115,621 | 226.0 | 0% |
| 2022 | 318,174 | 166,911 | 151,263 | 173.7 | 0% |
| 2023 | 119,324 | 222,128 | −102,804 | 137.8 | 0% |
In its most recent public year (2023), this organization spent $102,804 more than it brought in. Its reserves stood at about 137.8 months of spending, up from 108 in 2011. 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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