Boston Philharmonic Orchestra Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,234,688 | 2,266,608 | −31,920 | 3.3 | 45% |
| 2021 | 1,903,523 | 1,151,477 | 752,046 | 14.9 | 68% |
| 2022 | 3,244,291 | 3,184,021 | 60,270 | 5.4 | 32% |
| 2023 | 4,020,385 | 4,196,008 | −175,623 | 3.7 | 27% |
In its most recent public year (2023), this organization spent $175,623 more than it brought in. Its reserves stood at about 3.7 months of spending. Staff pay was 27% of spending. $215,759 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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