Roanoke Symphony Foundation 708 Dominion Bank Building
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 40,389 | 88,433 | −48,044 | 195.1 | 0% |
| 2021 | 31,150 | 86,206 | −55,056 | 232.9 | 0% |
| 2022 | 121,345 | 23,196 | 98,149 | 747.2 | 0% |
| 2023 | 2,033 | 19,889 | −17,856 | 939.3 | 0% |
| 2024 | 88,394 | 12,728 | 75,666 | 1619.4 | 0% |
In its most recent public year (2024), this organization brought in $75,666 more than it spent. Its reserves stood at about 1619.4 months of spending, up from 195.1 in 2020. Staff pay was 0% of spending. $1,078,384 of its net assets are donor-restricted.
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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