Back Bay Chorale Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 314,940 | 301,333 | 13,607 | 7.5 | 39% |
| 2021 | 321,678 | 172,542 | 149,136 | 25.6 | 71% |
| 2022 | 326,498 | 329,089 | −2,591 | 11.9 | 45% |
| 2023 | 316,736 | 290,297 | 26,439 | 14.6 | 38% |
In its most recent public year (2023), this organization brought in $26,439 more than it spent. Its reserves stood at about 14.6 months of spending, up from 7.5 in 2020. Staff pay was 38% of spending. $47,616 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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