Tesoro Choral Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,223 | 60,394 | 5,829 | 20.4 | — |
| 2021 | 96,021 | 93,224 | 2,797 | 13.5 | — |
| 2022 | 356,313 | 308,063 | 48,250 | 6.0 | 0% |
| 2023 | 164,815 | 191,201 | −26,386 | 8.0 | 0% |
In its most recent public year (2023), this organization spent $26,386 more than it brought in. Its reserves stood at about 8 months of spending, down from 20.4 in 2020. Staff pay was 0% 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 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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