The Michael O Neal Singers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 235,457 | 247,706 | −12,249 | 1.9 | 52% |
| 2013 | 253,319 | 238,756 | 14,563 | 2.6 | 56% |
| 2014 | 266,403 | 246,432 | 19,971 | 3.5 | 57% |
| 2015 | 288,419 | 254,751 | 33,668 | 5.0 | 53% |
| 2016 | 279,712 | 271,648 | 8,064 | 5.0 | 59% |
| 2017 | 254,453 | 274,209 | −19,756 | 4.1 | 59% |
| 2018 | 282,808 | 262,278 | 20,530 | 5.3 | 59% |
| 2019 | 287,629 | 270,283 | 17,346 | 5.9 | 59% |
| 2020 | 273,445 | 239,359 | 34,086 | 8.3 | 61% |
| 2021 | 216,309 | 181,018 | 35,291 | 13.4 | 75% |
| 2022 | 193,300 | 218,417 | −25,117 | 9.7 | 72% |
| 2023 | 290,854 | 254,728 | 36,126 | 10.0 | 59% |
In its most recent public year (2023), this organization brought in $36,126 more than it spent. Its reserves stood at about 10 months of spending, up from 1.9 in 2012. Staff pay was 59% 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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