Sea Notes Choral Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,518 | 43,682 | 836 | 6.8 | — |
| 2012 | 37,982 | 38,109 | −127 | 7.8 | — |
| 2013 | 39,000 | 44,596 | −5,596 | 5.1 | — |
| 2014 | 46,490 | 38,003 | 8,487 | 8.7 | — |
| 2015 | 48,962 | 57,376 | −8,414 | 4.0 | — |
| 2016 | 47,157 | 48,136 | −979 | 4.5 | — |
| 2017 | 55,240 | 44,730 | 10,510 | 7.7 | — |
| 2018 | 47,967 | 44,179 | 3,788 | 8.8 | — |
| 2019 | 45,739 | 49,270 | −3,531 | 7.0 | — |
| 2023 | 58,216 | 60,030 | −1,814 | 7.0 | — |
In its most recent public year (2023), this organization spent $1,814 more than it brought in. Its reserves stood at about 7 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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