Edina Choir Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 23,996 | 12,553 | 11,443 | 53.1 | — |
| 2022 | 42,044 | 38,063 | 3,981 | 18.8 | — |
| 2023 | 53,681 | 34,910 | 18,771 | 26.9 | — |
In its most recent public year (2023), this organization brought in $18,771 more than it spent. Its reserves stood at about 26.9 months of spending, down from 53.1 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 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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