Norfolk Area Concert Assoc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 57,119 | 47,794 | 9,325 | 14.8 | — |
| 2013 | 63,138 | 55,495 | 7,643 | 14.4 | — |
| 2014 | 57,635 | 37,795 | 19,840 | 27.4 | — |
| 2015 | 53,327 | 58,796 | −5,469 | 16.5 | — |
| 2016 | 67,141 | 56,875 | 10,266 | 19.2 | — |
| 2017 | 66,413 | 72,042 | −5,629 | 14.2 | — |
| 2018 | 58,517 | 55,917 | 2,600 | 18.9 | — |
| 2019 | 59,315 | 60,466 | −1,151 | 17.2 | — |
| 2020 | 55,996 | 51,820 | 4,176 | 21.1 | — |
| 2021 | 29,530 | 20,224 | 9,306 | 59.6 | — |
| 2022 | 16,577 | 60,180 | −43,603 | 11.3 | — |
| 2023 | 66,616 | 75,067 | −8,451 | 7.7 | — |
| 2024 | 113,090 | 76,914 | 36,176 | 13.2 | — |
In its most recent public year (2024), this organization brought in $36,176 more than it spent. Its reserves stood at about 13.2 months of spending, down from 14.8 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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