Lansing Symphony Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,202,139 | 1,252,898 | −50,759 | 2.3 | 44% |
| 2021 | 889,274 | 744,611 | 144,663 | 8.6 | 46% |
| 2022 | 2,016,717 | 1,215,609 | 801,108 | 13.1 | 51% |
| 2023 | 1,312,808 | 1,326,633 | −13,825 | 11.9 | 52% |
In its most recent public year (2023), this organization spent $13,825 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 2.3 in 2020. Staff pay was 52% of spending. $584,848 of its net assets are donor-restricted.
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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