Galesburg Symphony Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 182,619 | 198,165 | −15,546 | 25.1 | — |
| 2013 | 151,661 | 175,945 | −24,284 | 27.4 | — |
| 2014 | 170,481 | 182,639 | −12,158 | 26.6 | — |
| 2015 | 140,118 | 183,428 | −43,310 | 23.4 | — |
| 2016 | 145,998 | 187,402 | −41,404 | 19.7 | — |
| 2017 | 175,125 | 202,968 | −27,843 | 17.3 | — |
| 2018 | 163,382 | 187,876 | −24,494 | 17.3 | — |
| 2019 | 208,216 | 220,875 | −12,659 | 13.1 | 25% |
| 2020 | 174,898 | 176,716 | −1,818 | 16.4 | 28% |
| 2021 | 288,170 | 101,920 | 186,250 | 55.9 | 43% |
| 2022 | 436,627 | 135,009 | 301,618 | 66.5 | 34% |
| 2023 | 228,333 | 182,226 | 46,107 | 53.8 | 25% |
In its most recent public year (2023), this organization brought in $46,107 more than it spent. Its reserves stood at about 53.8 months of spending, up from 25.1 in 2012. Staff pay was 25% 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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