Choralis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 192,006 | 211,539 | −19,533 | 0.4 | 12% |
| 2012 | 215,908 | 220,523 | −4,615 | 0.4 | 12% |
| 2013 | 201,792 | 218,643 | −16,851 | -0.5 | 0% |
| 2014 | 194,078 | 187,637 | 6,441 | -0.2 | 0% |
| 2015 | 270,914 | 259,648 | 11,266 | 0.4 | 0% |
| 2016 | 210,632 | 228,669 | −18,037 | -0.5 | 0% |
| 2017 | 272,034 | 280,216 | −8,182 | -0.8 | 0% |
| 2018 | 267,091 | 232,504 | 34,587 | 0.8 | 19% |
| 2019 | 335,479 | 209,716 | 125,763 | 8.1 | 22% |
| 2020 | 200,721 | 228,722 | −28,001 | 6.0 | 24% |
| 2021 | 169,028 | 120,857 | 48,171 | 16.1 | 46% |
| 2022 | 250,779 | 302,228 | −51,449 | 4.4 | 18% |
| 2023 | 287,316 | 368,556 | −81,240 | 1.0 | 15% |
In its most recent public year (2023), this organization spent $81,240 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 15% of spending. $18,581 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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