Boston Symphony Orchestra Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 92,537,202 | 82,833,685 | 9,703,517 | 77.5 | 47% |
| 2021 | 89,872,398 | 64,012,623 | 25,859,775 | 124.1 | 43% |
| 2022 | 116,038,188 | 98,574,259 | 17,463,929 | 70.8 | 41% |
| 2023 | 93,229,092 | 110,636,685 | −17,407,593 | 63.7 | 41% |
In its most recent public year (2023), this organization spent $17,407,593 more than it brought in. Its reserves stood at about 63.7 months of spending, down from 77.5 in 2020. Staff pay was 41% of spending. $471,572,699 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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