Asheville Choral Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 75,483 | 74,790 | 693 | 2.3 | — |
| 2012 | 86,544 | 88,324 | −1,780 | 1.7 | — |
| 2013 | 69,946 | 83,042 | −13,096 | -0.1 | — |
| 2014 | 100,443 | 94,920 | 5,523 | 0.6 | — |
| 2015 | 64,278 | 67,827 | −3,549 | 0.2 | — |
| 2016 | 65,774 | 60,331 | 5,443 | 1.3 | — |
| 2018 | 81,055 | 74,026 | 7,029 | 0.5 | — |
| 2020 | 92,921 | 76,761 | 16,160 | 1.8 | — |
| 2021 | 37,929 | 43,062 | −5,133 | 2.0 | — |
| 2022 | 40,363 | 43,717 | −3,354 | 1.0 | — |
| 2023 | 86,660 | 79,649 | 7,011 | 1.6 | — |
In its most recent public year (2023), this organization brought in $7,011 more than it spent. Its reserves stood at about 1.6 months 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 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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