Commonwealth Chorale Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 119,882 | 129,210 | −9,328 | 25.9 | — |
| 2021 | 59,813 | 22,386 | 37,427 | 169.2 | — |
| 2022 | 74,525 | 97,977 | −23,452 | 35.8 | — |
| 2023 | 130,528 | 106,331 | 24,197 | 37.8 | — |
In its most recent public year (2023), this organization brought in $24,197 more than it spent. Its reserves stood at about 37.8 months of spending, up from 25.9 in 2020.
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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