Friends Of The Minnesota Sinfonia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 338,428 | 313,776 | 24,652 | 15.4 | 17% |
| 2021 | 420,202 | 315,428 | 104,774 | 19.3 | 26% |
| 2022 | 407,246 | 318,894 | 88,352 | 22.4 | 20% |
| 2023 | 325,432 | 371,701 | −46,269 | 17.7 | 22% |
In its most recent public year (2023), this organization spent $46,269 more than it brought in. Its reserves stood at about 17.7 months of spending, up from 15.4 in 2020. Staff pay was 22% of spending. $31,038 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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