Twin Cities Ballet Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 254,073 | 213,999 | 40,074 | 8.7 | 56% |
| 2022 | 223,532 | 222,696 | 836 | 8.4 | 49% |
| 2023 | 285,548 | 258,648 | 26,900 | 7.0 | 46% |
| 2024 | 285,697 | 263,965 | 21,732 | 7.6 | 46% |
In its most recent public year (2024), this organization brought in $21,732 more than it spent. Its reserves stood at about 7.6 months of spending, down from 8.7 in 2021. Staff pay was 46% 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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