Salem Philharmonia Orchestra
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 27,705 | 26,614 | 1,091 | 7.1 | — |
| 2018 | 26,631 | 40,789 | −14,158 | 0.5 | — |
| 2019 | 36,216 | 26,457 | 9,759 | 5.1 | — |
| 2020 | 24,877 | 16,794 | 8,083 | 13.9 | — |
| 2021 | 43,237 | 34,268 | 8,969 | 9.9 | — |
| 2022 | 61,311 | 49,766 | 11,545 | 0.0 | — |
| 2023 | 64,990 | 51,406 | 13,584 | 13.5 | — |
In its most recent public year (2023), this organization brought in $13,584 more than it spent. Its reserves stood at about 13.5 months of spending, up from 7.1 in 2017.
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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