Chamber Music Society Of Palm Beach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 760,715 | 574,297 | 186,418 | 6.4 | 28% |
| 2021 | 714,588 | 656,134 | 58,454 | 6.8 | 22% |
| 2022 | 894,820 | 715,601 | 179,219 | 9.8 | 20% |
| 2023 | 1,007,850 | 1,003,734 | 4,116 | 9.0 | 17% |
In its most recent public year (2023), this organization brought in $4,116 more than it spent. Its reserves stood at about 9 months of spending, up from 6.4 in 2020. Staff pay was 17% of spending. $123,525 of its net assets are donor-restricted.
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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