Grand Rapids Womens Chorus
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 41,794 | 42,421 | −627 | 18.3 | — |
| 2022 | 111,633 | 50,654 | 60,979 | 29.8 | — |
| 2023 | 64,052 | 86,893 | −22,841 | 14.2 | — |
| 2024 | 97,167 | 108,266 | −11,099 | 10.2 | — |
In its most recent public year (2024), this organization spent $11,099 more than it brought in. Its reserves stood at about 10.2 months of spending, down from 18.3 in 2021.
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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