Community Concerts Of Lake City Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 12,989 | 18,953 | −5,964 | 25.9 | 0% |
| 2022 | 17,178 | 28,015 | −10,837 | 12.9 | 0% |
| 2023 | 80,642 | 24,538 | 56,104 | 42.2 | 0% |
| 2024 | 33,479 | 48,627 | −15,148 | 17.5 | 0% |
In its most recent public year (2024), this organization spent $15,148 more than it brought in. Its reserves stood at about 17.5 months of spending, down from 25.9 in 2021. Staff pay was 0% 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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