Spoleto Festival U S A
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,651,590 | 7,512,787 | −861,197 | 18.0 | 28% |
| 2012 | 7,324,337 | 7,101,778 | 222,559 | 19.7 | 28% |
| 2013 | 9,849,338 | 7,507,286 | 2,342,052 | 22.3 | 26% |
| 2014 | 8,610,284 | 7,742,524 | 867,760 | 24.0 | 28% |
| 2015 | 8,847,948 | 8,056,002 | 791,946 | 23.5 | 27% |
| 2016 | 9,154,088 | 10,069,696 | −915,608 | 18.0 | 27% |
| 2017 | 8,248,903 | 8,737,036 | −488,133 | 20.8 | 28% |
| 2018 | 8,213,946 | 8,254,488 | −40,542 | 22.4 | 28% |
| 2019 | 7,815,403 | 8,194,250 | −378,847 | 22.0 | 28% |
| 2020 | 5,542,557 | 4,722,897 | 819,660 | 42.8 | 40% |
| 2021 | 7,325,323 | 5,914,617 | 1,410,706 | 41.5 | 29% |
| 2022 | 9,937,116 | 11,162,274 | −1,225,158 | 17.8 | 30% |
| 2023 | 9,561,997 | 10,503,767 | −941,770 | 18.2 | 32% |
In its most recent public year (2023), this organization spent $941,770 more than it brought in. Its reserves stood at about 18.2 months of spending. Staff pay was 32% of spending. $13,752,788 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
Spoleto Festival U S A'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