Vermillion Area Dance Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 107,741 | 100,142 | 7,599 | 25.6 | — |
| 2022 | 127,308 | 111,814 | 15,494 | 24.6 | — |
| 2023 | 124,734 | 129,924 | −5,190 | 20.7 | — |
| 2024 | 131,244 | 134,550 | −3,306 | 19.7 | — |
In its most recent public year (2024), this organization spent $3,306 more than it brought in. Its reserves stood at about 19.7 months of spending, down from 25.6 in 2021.
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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