Harvard-Radcliffe Orchestra Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 90,131 | 43,726 | 46,405 | 130.0 | — |
| 2021 | 38,032 | 16,670 | 21,362 | 415.0 | 0% |
| 2022 | 127,996 | 185,168 | −57,172 | 28.3 | 0% |
In its most recent public year (2022), this organization spent $57,172 more than it brought in. Its reserves stood at about 28.3 months of spending, down from 130 in 2020. Staff pay was 0% of spending. $177,885 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 2022. 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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