Ballet Concierto De Puerto Rico Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 520,318 | 544,416 | −24,098 | 1.5 | 29% |
| 2022 | 686,812 | 647,090 | 39,722 | 2.9 | 17% |
| 2023 | 870,651 | 915,551 | −44,900 | 1.4 | 30% |
In its most recent public year (2023), this organization spent $44,900 more than it brought in. Its reserves stood at about 1.4 months of spending. Staff pay was 30% 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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