Chicago Master Singers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 222,893 | 220,408 | 2,485 | 5.6 | 0% |
| 2013 | 194,815 | 197,569 | −2,754 | 6.1 | 0% |
| 2014 | 187,762 | 189,813 | −2,051 | 6.2 | 0% |
| 2015 | 190,870 | 245,979 | −55,109 | 2.1 | 0% |
| 2016 | 487,113 | 511,894 | −24,781 | 0.4 | 7% |
| 2017 | 215,718 | 207,523 | 8,195 | 1.7 | 25% |
| 2018 | 219,269 | 170,052 | 49,217 | 5.6 | 30% |
| 2019 | 579,839 | 548,682 | 31,157 | 2.4 | 12% |
| 2020 | 194,080 | 221,384 | −27,304 | 4.5 | 28% |
| 2021 | 112,101 | 75,419 | 36,682 | 19.0 | 0% |
| 2022 | 405,096 | 132,392 | 272,704 | 35.5 | 0% |
| 2023 | 197,585 | 259,976 | −62,391 | 15.2 | 0% |
| 2024 | 332,121 | 254,390 | 77,731 | 19.2 | 0% |
In its most recent public year (2024), this organization brought in $77,731 more than it spent. Its reserves stood at about 19.2 months of spending, up from 5.6 in 2012. 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 2024. 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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