Richmond Symphony
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,434,886 | 4,712,023 | −277,137 | -3.3 | 59% |
| 2012 | 4,725,314 | 4,962,478 | −237,164 | -3.3 | 61% |
| 2013 | 4,606,603 | 4,559,005 | 47,598 | -3.2 | 59% |
| 2014 | 4,901,842 | 4,646,831 | 255,011 | -2.5 | 61% |
| 2015 | 5,575,689 | 5,127,052 | 448,637 | -1.2 | 60% |
| 2016 | 5,624,693 | 5,530,627 | 94,066 | -0.9 | 59% |
| 2017 | 6,224,099 | 5,714,796 | 509,303 | 0.2 | 59% |
| 2018 | 5,899,362 | 6,249,005 | −349,643 | -0.5 | 57% |
| 2019 | 6,594,347 | 6,514,706 | 79,641 | -0.4 | 56% |
| 2020 | 5,705,875 | 6,433,792 | −727,917 | -0.5 | 58% |
| 2021 | 6,771,001 | 6,731,278 | 39,723 | -1.0 | 53% |
| 2022 | 8,372,945 | 7,420,907 | 952,038 | 0.6 | 57% |
| 2023 | 7,522,950 | 8,412,922 | −889,972 | -0.8 | 55% |
In its most recent public year (2023), this organization spent $889,972 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), up from -3.3 in 2011. Staff pay was 55% of spending. $446,000 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
Richmond Symphony's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works