Choral Arts Society Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 60,673 | 45,080 | 15,593 | 6.5 | — |
| 2021 | 67,387 | 31,345 | 36,042 | 23.3 | — |
| 2022 | 71,278 | 49,391 | 21,887 | 20.1 | — |
| 2023 | 74,077 | 81,894 | −7,817 | 11.0 | — |
| 2024 | 105,588 | 104,453 | 1,135 | 8.7 | — |
In its most recent public year (2024), this organization brought in $1,135 more than it spent. Its reserves stood at about 8.7 months of spending, up from 6.5 in 2020.
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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