Vandercook College Of Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,682,420 | 5,520,629 | 161,791 | 7.7 | 45% |
| 2012 | 5,630,502 | 5,572,098 | 58,404 | 7.7 | 44% |
| 2013 | 5,732,899 | 5,453,424 | 279,475 | 8.5 | 46% |
| 2014 | 5,355,638 | 5,478,615 | −122,977 | 8.2 | 46% |
| 2015 | 5,884,322 | 6,057,688 | −173,366 | 7.1 | 42% |
| 2016 | 5,664,266 | 6,018,436 | −354,170 | 6.4 | 42% |
| 2017 | 5,746,458 | 5,403,323 | 343,135 | 7.9 | 42% |
| 2018 | 5,889,294 | 5,505,098 | 384,196 | 8.5 | 41% |
| 2019 | 5,776,581 | 5,283,671 | 492,910 | 10.0 | 46% |
| 2020 | 5,648,473 | 5,103,885 | 544,588 | 11.7 | 50% |
| 2021 | 8,150,661 | 5,462,880 | 2,687,781 | 18.1 | 44% |
| 2022 | 6,354,157 | 6,484,466 | −130,309 | 14.8 | 37% |
| 2023 | 5,134,611 | 6,152,579 | −1,017,968 | 13.7 | 44% |
In its most recent public year (2023), this organization spent $1,017,968 more than it brought in. Its reserves stood at about 13.7 months of spending, up from 7.7 in 2011. Staff pay was 44% of spending. $6,035,516 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
Vandercook College Of Music'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