Heartland Mens Chorus
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 719,685 | 702,674 | 17,011 | 7.9 | 30% |
| 2013 | 617,451 | 647,393 | −29,942 | 8.1 | 31% |
| 2014 | 623,617 | 593,731 | 29,886 | 9.3 | 35% |
| 2015 | 602,861 | 568,551 | 34,310 | 10.5 | 36% |
| 2016 | 677,229 | 586,292 | 90,937 | 10.6 | 36% |
| 2017 | 704,842 | 590,753 | 114,089 | 12.1 | 36% |
| 2018 | 672,253 | 610,470 | 61,783 | 12.5 | 33% |
| 2019 | 567,003 | 559,203 | 7,800 | 14.0 | 37% |
| 2020 | 450,613 | 433,741 | 16,872 | 18.2 | 32% |
| 2021 | 499,937 | 258,856 | 241,081 | 42.3 | 54% |
| 2022 | 861,236 | 621,920 | 239,316 | 19.5 | 43% |
| 2023 | 671,409 | 697,589 | −26,180 | 19.1 | 37% |
| 2024 | 592,883 | 702,709 | −109,826 | 19.2 | 40% |
In its most recent public year (2024), this organization spent $109,826 more than it brought in. Its reserves stood at about 19.2 months of spending, up from 7.9 in 2012. Staff pay was 40% of spending.
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 2024. 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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