The Masterworks Choir Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 27,128 | 38,876 | −11,748 | 15.4 | — |
| 2013 | 32,971 | 42,826 | −9,855 | 11.3 | — |
| 2014 | 156,989 | 170,058 | −13,069 | 1.9 | — |
| 2015 | 82,982 | 63,001 | 19,981 | 9.0 | — |
| 2016 | 107,846 | 129,979 | −22,133 | 2.9 | — |
| 2017 | 94,636 | 66,491 | 28,145 | 10.7 | — |
| 2018 | 119,329 | 100,383 | 18,946 | 9.3 | — |
| 2019 | 118,518 | 181,148 | −62,630 | 1.0 | — |
| 2020 | 113,638 | 54,410 | 59,228 | 16.4 | — |
| 2021 | 48,173 | 30,741 | 17,432 | 35.8 | — |
| 2022 | 179,812 | 181,131 | −1,319 | 6.0 | — |
| 2023 | 290,980 | 368,484 | −77,504 | 0.4 | 9% |
| 2024 | 233,951 | 204,555 | 29,396 | 2.5 | 21% |
In its most recent public year (2024), this organization brought in $29,396 more than it spent. Its reserves stood at about 2.5 months of spending, down from 15.4 in 2012. Staff pay was 21% of spending.
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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