Springfield Symphony Orchestra
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,395,624 | 1,871,049 | −475,425 | 42.4 | 52% |
| 2021 | 1,243,570 | 896,505 | 347,065 | 111.4 | 51% |
| 2022 | 1,188,178 | 1,084,450 | 103,728 | 84.8 | 37% |
| 2023 | 1,387,741 | 1,869,582 | −481,841 | 42.7 | 47% |
In its most recent public year (2023), this organization spent $481,841 more than it brought in. Its reserves stood at about 42.7 months of spending. Staff pay was 47% of spending. $5,589,985 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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