New Bedford Symphony Orchestra Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 702,352 | 783,274 | −80,922 | 2.2 | 33% |
| 2013 | 865,165 | 798,709 | 66,456 | 3.4 | 32% |
| 2014 | 1,122,478 | 873,476 | 249,002 | 7.2 | 31% |
| 2015 | 1,113,041 | 949,664 | 163,377 | 8.4 | 31% |
| 2016 | 1,977,904 | 1,005,672 | 972,232 | 20.5 | 11% |
| 2017 | 1,117,142 | 875,365 | 241,777 | 29.7 | 13% |
| 2018 | 1,252,201 | 978,835 | 273,366 | 32.6 | 12% |
| 2019 | 1,185,254 | 1,123,194 | 62,060 | 28.8 | 11% |
| 2020 | 1,309,490 | 1,092,775 | 216,715 | 38.0 | 11% |
| 2021 | 1,443,252 | 1,115,125 | 328,127 | 44.7 | 11% |
| 2022 | 2,823,621 | 1,467,429 | 1,356,192 | 38.0 | 9% |
| 2023 | 1,712,888 | 1,638,528 | 74,360 | 36.9 | 8% |
In its most recent public year (2023), this organization brought in $74,360 more than it spent. Its reserves stood at about 36.9 months of spending, up from 2.2 in 2012. Staff pay was 8% of spending. $2,933,702 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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