Festival City Symphony Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 240,660 | 202,769 | 37,891 | 3.4 | 30% |
| 2021 | 168,039 | 174,441 | −6,402 | 3.5 | 37% |
| 2022 | 243,817 | 268,520 | −24,703 | 1.1 | 24% |
| 2023 | 280,062 | 273,189 | 6,873 | 1.4 | 25% |
In its most recent public year (2023), this organization brought in $6,873 more than it spent. Its reserves stood at about 1.4 months of spending, down from 3.4 in 2020. Staff pay was 25% 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 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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