Angels Vocal Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 128,306 | 87,244 | 41,062 | 3.2 | — |
| 2022 | 128,677 | 80,242 | 48,435 | 23.2 | — |
| 2023 | 155,602 | 281,441 | −125,839 | 1.2 | — |
In its most recent public year (2023), this organization spent $125,839 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 3.2 in 2020.
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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