Winston-Salem Choral Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 47,024 | 37,893 | 9,131 | 2.4 | — |
| 2014 | 25,077 | 31,891 | −6,814 | 0.3 | — |
| 2017 | 69,027 | 68,774 | 253 | 0.2 | — |
| 2018 | 30,015 | 29,370 | 645 | 0.6 | — |
| 2019 | 35,820 | 34,859 | 961 | 0.9 | — |
| 2020 | 49,791 | 51,411 | −1,620 | 0.2 | — |
| 2021 | 15,579 | 14,695 | 884 | 1.5 | — |
| 2022 | 30,299 | 23,656 | 6,643 | 4.3 | — |
| 2023 | 48,558 | 48,861 | −303 | 2.0 | — |
In its most recent public year (2023), this organization spent $303 more than it brought in. Its reserves stood at about 2 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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