Chesapeake Chamber Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 234,861 | 188,203 | 46,658 | 28.8 | 28% |
| 2021 | 387,328 | 254,332 | 132,996 | 29.7 | 22% |
| 2022 | 297,292 | 309,178 | −11,886 | 21.2 | 19% |
| 2023 | 355,976 | 322,152 | 33,824 | 22.4 | 21% |
In its most recent public year (2023), this organization brought in $33,824 more than it spent. Its reserves stood at about 22.4 months of spending, down from 28.8 in 2020. Staff pay was 21% of spending.
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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