The Virginia Symphony Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 206,610 | 534,224 | −327,614 | 117.0 | 0% |
| 2012 | 215,497 | 201,207 | 14,290 | 296.0 | 0% |
| 2013 | 79,061 | 228,793 | −149,732 | 248.9 | 0% |
| 2014 | 540,342 | 256,478 | 283,864 | 236.0 | 0% |
| 2015 | 110,617 | 275,820 | −165,203 | 207.3 | 0% |
| 2016 | 126,024 | 265,550 | −139,526 | 200.2 | 0% |
| 2017 | 29,813 | 355,156 | −325,343 | 145.5 | 0% |
| 2018 | 221,942 | 265,740 | −43,798 | 194.0 | 0% |
| 2019 | 1,182,668 | 752,659 | 430,009 | 76.0 | 0% |
| 2020 | 36,172 | 254,855 | −218,683 | 222.4 | 0% |
| 2021 | 1,832,881 | 242,888 | 1,589,993 | 372.5 | 0% |
| 2022 | 1,917,405 | 306,216 | 1,611,189 | 308.5 | 0% |
| 2023 | 1,358,445 | 366,054 | 992,391 | 324.5 | 0% |
In its most recent public year (2023), this organization brought in $992,391 more than it spent. Its reserves stood at about 324.5 months of spending, up from 117 in 2011. Staff pay was 0% of spending. $4,735,766 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 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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