Iredell Concert Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 121,141 | 65,731 | 55,410 | 27.8 | — |
| 2022 | 101,341 | 144,957 | −43,616 | 9.0 | — |
| 2023 | 96,624 | 133,125 | −36,501 | 6.5 | — |
| 2024 | 73,553 | 88,481 | −14,928 | 7.7 | — |
In its most recent public year (2024), this organization spent $14,928 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 27.8 in 2021.
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 2024. 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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