Heritage Chorale Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 94,642 | 87,308 | 7,334 | 15.5 | — |
| 2013 | 92,290 | 99,447 | −7,157 | 12.7 | — |
| 2014 | 88,367 | 84,568 | 3,799 | 15.5 | — |
| 2015 | 97,870 | 88,320 | 9,550 | 16.3 | — |
| 2016 | 84,176 | 83,265 | 911 | 17.8 | — |
| 2017 | 98,834 | 127,972 | −29,138 | 8.8 | — |
| 2018 | 94,663 | 85,812 | 8,851 | 14.4 | — |
| 2019 | 80,286 | 75,406 | 4,880 | 17.5 | — |
| 2020 | 81,951 | 72,768 | 9,183 | 20.0 | — |
| 2021 | 48,549 | 39,970 | 8,579 | 40.8 | — |
| 2022 | 64,152 | 71,057 | −6,905 | 20.0 | — |
| 2023 | 87,114 | 84,437 | 2,677 | 16.8 | — |
| 2024 | 96,159 | 83,850 | 12,309 | 19.0 | — |
In its most recent public year (2024), this organization brought in $12,309 more than it spent. Its reserves stood at about 19 months of spending, up from 15.5 in 2012.
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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