Carolina Concert Choir
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,982 | 34,987 | 2,995 | 1.4 | — |
| 2012 | 25,905 | 24,240 | 1,665 | 2.9 | — |
| 2013 | 23,648 | 24,867 | −1,219 | 2.2 | — |
| 2014 | 35,181 | 30,342 | 4,839 | 3.7 | — |
| 2015 | 45,431 | 43,911 | 1,520 | 3.0 | — |
| 2016 | 43,218 | 44,242 | −1,024 | 2.7 | — |
| 2017 | 47,880 | 46,278 | 1,602 | 3.0 | — |
| 2018 | 49,224 | 48,800 | 424 | 2.9 | — |
| 2019 | 38,431 | 43,477 | −5,046 | 1.9 | — |
| 2020 | 36,101 | 30,930 | 5,171 | 4.7 | — |
| 2021 | 9,189 | 17,844 | −8,655 | 2.3 | — |
| 2022 | 33,702 | 36,450 | −2,748 | 0.2 | — |
| 2023 | 49,628 | 41,473 | 8,155 | 2.6 | — |
| 2024 | 97,622 | 109,176 | −11,554 | -0.3 | — |
In its most recent public year (2024), this organization spent $11,554 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 1.4 in 2011.
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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