Madrigal Chorale Of Southfield
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 16,688 | 19,385 | −2,697 | 2.0 | — |
| 2013 | 19,623 | 17,872 | 1,751 | 3.4 | — |
| 2014 | 25,522 | 22,525 | 2,997 | 4.3 | — |
| 2015 | 39,574 | 31,111 | 8,463 | 6.4 | — |
| 2016 | 34,976 | 27,776 | 7,200 | 10.2 | — |
| 2017 | 32,621 | 32,363 | 258 | 8.9 | — |
| 2018 | 29,288 | 37,742 | −8,454 | 4.9 | — |
| 2019 | 34,247 | 34,430 | −183 | 5.3 | — |
| 2020 | 40,170 | 30,593 | 9,577 | 9.8 | — |
| 2021 | 24,014 | 21,511 | 2,503 | 15.3 | — |
| 2022 | 32,278 | 38,133 | −5,855 | 6.8 | — |
| 2023 | 48,513 | 65,962 | −17,449 | 0.7 | — |
| 2024 | 44,428 | 49,320 | −4,892 | -0.2 | — |
In its most recent public year (2024), this organization spent $4,892 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 2 in 2012.
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
Madrigal Chorale Of Southfield's IRS filings as a feed — one entry per filing year, through 2024. 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