Minnetonka Choral Society Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 4,075 | 940 | 3,135 | 40.0 | — |
| 2017 | 22,570 | 9,288 | 13,282 | 21.2 | — |
| 2018 | 45,234 | 4,106 | 41,128 | 168.2 | — |
| 2019 | 7,179 | 25 | 7,154 | 31055.5 | — |
| 2020 | 4,551 | 1,147 | 3,404 | 712.5 | — |
| 2021 | 6,453 | 3,035 | 3,418 | 282.8 | — |
| 2022 | 2,237 | 3,025 | −788 | 280.6 | — |
| 2023 | 2,812 | 25 | 2,787 | 35289.6 | — |
In its most recent public year (2023), this organization brought in $2,787 more than it spent. Its reserves stood at about 35289.6 months of spending, up from 40 in 2016.
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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