Lyric Arts Company Of Anoka Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,064,482 | 804,863 | 259,619 | 5.5 | 24% |
| 2012 | 749,670 | 806,973 | −57,303 | 4.7 | 26% |
| 2013 | 809,430 | 828,507 | −19,077 | 4.3 | 28% |
| 2014 | 971,838 | 964,605 | 7,233 | 3.8 | 32% |
| 2015 | 1,180,258 | 1,043,011 | 137,247 | 5.1 | 32% |
| 2016 | 1,052,903 | 1,066,542 | −13,639 | 4.8 | 30% |
| 2017 | 925,675 | 1,056,840 | −131,165 | 3.4 | 23% |
| 2018 | 1,076,111 | 1,133,180 | −57,069 | 2.5 | 26% |
| 2019 | 1,138,701 | 1,233,645 | −94,944 | 1.4 | 27% |
| 2020 | 1,719,602 | 1,026,500 | 693,102 | 9.8 | 22% |
| 2021 | 498,836 | 581,645 | −82,809 | 15.6 | 0% |
| 2022 | 1,200,591 | 1,142,815 | 57,776 | 8.5 | 0% |
| 2023 | 1,564,821 | 1,505,297 | 59,524 | 6.6 | 30% |
In its most recent public year (2023), this organization brought in $59,524 more than it spent. Its reserves stood at about 6.6 months of spending, up from 5.5 in 2011. Staff pay was 30% of spending. $15,236 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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