Miami Symphony Orchestra Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 996,311 | 1,367,868 | −371,557 | -6.8 | 6% |
| 2011 | 1,016,979 | 1,336,812 | −319,833 | -9.8 | 2% |
| 2012 | 977,922 | 1,157,978 | −180,056 | -13.2 | 3% |
| 2013 | 1,131,089 | 1,712,245 | −581,156 | -13.0 | 7% |
| 2014 | 1,075,569 | 1,184,369 | −108,800 | -19.9 | 5% |
| 2015 | 1,501,657 | 2,020,344 | −518,687 | -14.7 | 7% |
| 2016 | 1,176,567 | 1,095,249 | 81,318 | -26.3 | 14% |
| 2017 | 1,182,957 | 1,172,461 | 10,496 | -24.4 | 8% |
| 2018 | 1,450,426 | 1,613,182 | −162,756 | -19.0 | 12% |
| 2019 | 1,128,044 | 1,286,487 | −158,443 | -25.3 | 16% |
| 2020 | 867,521 | 864,334 | 3,187 | -37.5 | 21% |
| 2021 | 1,160,089 | 797,553 | 362,536 | -35.2 | 25% |
| 2022 | 925,794 | 1,478,468 | −552,674 | -23.5 | 18% |
| 2023 | 1,518,858 | 1,626,774 | −107,916 | -22.1 | 18% |
In its most recent public year (2023), this organization spent $107,916 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-22.1 months), down from -6.8 in 2010. Staff pay was 18% 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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