Chorus Of Westerly
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,404,463 | 812,566 | 591,897 | 80.3 | 39% |
| 2021 | 830,537 | 865,886 | −35,349 | 74.9 | 0% |
| 2022 | 1,195,246 | 1,079,061 | 116,185 | 61.4 | 0% |
| 2023 | 2,065,742 | 1,146,805 | 918,937 | 67.4 | 37% |
In its most recent public year (2023), this organization brought in $918,937 more than it spent. Its reserves stood at about 67.4 months of spending, down from 80.3 in 2020. Staff pay was 37% of spending. $161,300 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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