Grand Island Liederkranz
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 139,002 | 132,562 | 6,440 | 48.4 | 27% |
| 2020 | 85,784 | 69,053 | 16,731 | 95.9 | 17% |
| 2021 | 142,155 | 105,564 | 36,591 | 66.9 | 21% |
| 2022 | 132,958 | 119,788 | 13,170 | 60.3 | 15% |
| 2023 | 251,170 | 237,397 | 13,773 | 31.1 | 30% |
In its most recent public year (2023), this organization brought in $13,773 more than it spent. Its reserves stood at about 31.1 months of spending, down from 48.4 in 2019. Staff pay was 30% 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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